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WatanFX

WatanFX

Disabled

No US Traders

Out of business

Bonuses
PAMM
Personal manager
Interest rate on funds
Segregated accounts
Free education
Trading by phone

Companies

WatanFX Services

Founded in: 2015
Online since: 2015

Broker rating

Unrated

Allowed countries

United States

Payment options

WebMoney

Skrill

Wire transfer

Credit/debit cards

Neteller

Western Union

CashU

SOFORT

Demo platforms

MetaTrader 4

Account currencies

EUR

Euro

USD

United States dollar

Currency pairs

AUD/USD

CAD/CHF

CAD/JPY

CHF/JPY

EUR/AUD

EUR/CAD

EUR/CHF

EUR/DKK

EUR/GBP

EUR/HUF

EUR/JPY

EUR/NOK

EUR/NZD

EUR/PLN

EUR/RON

EUR/USD

GBP/AUD

GBP/CAD

GBP/CHF

GBP/JPY

GBP/NZD

GBP/USD

NZD/CAD

NZD/CHF

NZD/JPY

NZD/USD

USD/CAD

USD/CHF

USD/CNH

USD/CZK

USD/DKK

USD/HKD

USD/HUF

USD/JPY

USD/NOK

USD/PLN

Website available in

English

Urdu

Support available in

English

Urdu

Support methods

Email

Web form

Phone

Skype

Trading server time zone

GMT+2

VPS for traders

No

Account Types

Minimum account size

$1

Spread,

EUR/USD

Fixed

—

Maximum leverage

Forex

1:400

Forex

1:400

Gold & silver

1:100

CFD

1:100

Oil

1:100

Soft commodities

1:100

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Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $6.6 trillion. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor.

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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.

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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.