Score
Saint Lucia
|
1-2 years
| https://walfiner.com/
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
Saint Lucia
walfiner.com Germany| WalfinerReview Summary | |
| Founded | 2023-10-11 |
| Registered Country/Region | Saint Lucia |
| Regulation | Unregulated |
| Market Instruments | Forex/Indices/Energy/Crypto/Metals |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.01 pips |
| Trading Platform | MT5/cTrader (Desktop/Mobile (iOS/Android)) |
| Min Deposit | $15 |
| Customer Support | Number: (+971) 04 455 8797 (Dubai) |
| Social media: Instagram/YouTube/Telegram | |
| Live chat | |
Walfiner is a dedicated STP forex broker with a 100% bonus, of up to $3,000. The tradable instruments with a maximum leverage of 1:500 include forex, indices, energy, crypto, and metals. The broker also provides four live accounts, including Standard, Islamic, Premium, and Elite Vip. In addition, Walfiner offers MT5 and cTrader to operate the investment. The minimum spread is from 0.01 pips and the minimum deposit is $15.
| Pros | Cons |
| Demo account available | Unregulated |
| 24/7 customer support | No copy trade |
| MT5 available | |
| Spread as low as 0.5 pips |
Walfiner is not regulated, although it claims regulatedby the National Futures Association, However, an unregulated broker is not as safe as a regulated one.
Traders can choose different investment directions because the broker provides over 650 trading instruments, such as forex, indices, energy, crypto, and metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Energy | ✔ |
| Crypto | ✔ |
| Metals | ✔ |
| Commodities | ❌ |
| Stocks | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Walfiner has five account types: Standard, Islamic, Premium, and Elite Vip. Traders who want tight spreads can choose Premium and Elite Vip accounts, while those with a small budget can open a standard account. In addition, the demo accounts are predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | Standard | Islamic | Premium | Elite Vip |
| Minimum Deposit | 15$ | 25$ | 500$ | 1000$ |
| Available Base Currencies | USD, EUR | USD, EUR | USD, EUR | USD, EUR |
| Welcome Bonus | 100% | 100% | 50% | 50% |
| Spreads From | 0.5 Pips | 0.5 Pips | Tightest in the Industry | Tightest in the Industry |
| Max Leverage | 50~500 | 50~500 | 50~500 | 50~500 |
| Negative Balance Protection | YES | YES | YES | YES |
| Min. Lots | 0.01 | 0.01 | 0.01 | 0.01 |
| Commissions | 3$ Per 100K Traded | 4$ Per 100K Traded | 1.7$ Per 100K Traded | 1$ Per 100K Traded |
| Hedging Allowed | ✔ | ✔ | ✔ | ✔ |
The spread is from 0.01 pips, minimum commission fees vary by account type from $3 per lot. The lower the spread, the faster the liquidity.
The maximum leverage is 1:500.
Walfiner operates by the authoritative MT5and cTrader trading platform available on Desktop and Mobile (iOS and Android) to trade. Traders with rich experience are more suitable for using MT5. cTrader is a seamless trading experience with lightning-fast execution and a wide range of customization options.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Desktop/Mobile (iOS/Android) |
| cTrader | ✔ | Desktop/Mobile (iOS/Android) |
The minimum deposit is$15. Deposit and withdrawal methods that can be processed within 1 hour to 1 business day, including PayPal, MasterCard, and Bitcoin.
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