We Financial Review – Is WeFinancial Scam or Legit? (Complete wefinancial.io review)
Overview
Regulation and License | Privately audited |
HQ | Level 26 The Shard, 32 London Bridge Street – Post code – SE1 9SG – London – UK |
Founding year | 2009 |
Leverage range | 1-400 |
Min deposit | $200 |
Platforms | Proprietary web trader for desktop, and mobile application |
Tradable Instruments | Forex, Crypto, Stocks, Commodities, Indices |
Demo account | Not known |
Base Currencies | USD, EUR & GBP |
Customer support | 24 / 5 |
Active Clients | > 90,000 |
Publicly traded | Privately Held |
Crypto | Yes |
Website | wefinancial.io |
Pros & Cons
Pros | Cons |
Supports multiple base currencies | No support for MT4& MT5 |
Easy to open an account | N/A |
Wide range of instruments | N/A |
Multiple tradable markets | N/A |
No deposit fee | N/A |
Fast and reliable order execution | N/A |
Tight spreads | N/A |
Advanced analytical tools | N/A |
Fast and secure withdrawals | N/A |
We Financial Review
It’s been over twenty years since the online trading industry has been around. From the time of inception until now, the industry has come a long way. Although the industry has improved in terms of trading assets and markets, the trading firms have been unfortunate when it comes to advancements. At the end of the day, it is the trading firms that should be blamed because they have deviated from the old-school standards. In my We Financial review, you will learn exactly how the old-school trading firms operate, still, making them distinguish themselves among the current firms.
I’m hoping that my WeFinancial review manages to do justice with what the wefinancial.io trading firm has been offering. It is striving to bring the old-school trading trends back to the market. If you stay with me, you will see exactly how this firm is bringing the trend back to the market.
No Holding Back with Assets
Just like the old times, the We Financial broker doesn’t hold back when offering trading assets. You get to choose from multiple trading assets that are not restricted to a single trading market but many. Although the firm is eager to bring the old-school trading trends back, it doesn’t mean it won’t adopt modern instruments.
The broker has also adopted the cryptocurrency trading market, which is home to thousands of trading assets. To be clear, you will never find yourself running out of trading options, as long as you continue trading with this broker. If you are willing, your trading portfolio will continue growing bigger.
Apart from the assets from the crypto market, you have access to dozens of assets from forex, stocks, and commodities. These are known to be the conventional trading markets and their demand is also very high in the market.
Demo and Real-Time Accounts
The WeFinancial trading firm offers a list of multiple trading accounts but before you jump to the real-time trading accounts, you can go for the demo account. The demo account lets you perform dummy trades in fake trading markets. You do not use real funds to interact with these markets but the challenges and scenarios are all that you may face in real-time trades.
You can continue with your mock trades until you gain the confidence to perform real-time trades. When you feel it is time for the real-time trading account, you can choose one from a list of multiple experience-based accounts. You get to pick and choose from the basic accounts all the way up to the professional level trading accounts.
Learning is Imperative
The old-school trading firms were used to offer multiple learning opportunities, so the traders could learn about the trades quicker. The motive behind this attempt was to ensure that the traders were empowered enough to carry out trades with confidence and command.
The wefinancial.io broker offers a highly extensive learning program, which includes market reviews, analysis, and insights from the trading markets. It also includes the learning videos and eBooks, including several courses to increase your knowledge around trades. The content you see being offered by WeFinancial, has been prepared and updated by the trading experts.
The one-on-one coaching sessions and the webinars are also part of the learning program. With these interactions, the experts help polish your trading skills, turning you into a successful trader.
No Room for Ambiguity
As of now, most of the trading firms are not trustworthy as they are non-compliant, making their future very uncertain. You wouldn’t want to be a part of a firm that is non-compliant, making it highly incompetent in offering you services, and protecting your data.
The We Financial trading firm is fully yielding towards the KYC and AML policies that are part of the operational guidelines. You will have no ambiguity in mind, knowing that the firm you are trading with is competent and professional.
The firm’s security is also very cohesive, which comes from the SSL Security integration. To protect your sensitive information, the WeFinancial broker has introduced encryptions through the SSL Security. All of your personal and financial data is kept secure with the implementation of the SSL technology.
Is We Financial Scam or Legit?
With the WeFinancial broker offering so much in terms of trading facilities and utilities, it is clear that the firm is legitimate. All the aspects that I have mentioned of the firm in my wefinancial.io review back my claim that it is a legitimate entity and I’m sure you would agree with that.
Ending Thoughts
Now that you know how the old-school trading firms used to work, you will find it easier to trust the abilities of the firms offering such services. The We Financial trading firm is surely maintaining a high reputation being a reliable trading firm, and if you feel compelled, then you are welcome to join it as well.
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