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Global Broker Regulation & Inquiry App

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Wandt

United States|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.wandt.cc

Website

Rating Index

Contact

https://www.wandt.cc

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
United States
Operating period
1-2 years
Company Name
WandtFx Group Limited
Abbreviation
Wandt
Company employee
--
Company website
Keywords 4
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Review

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Official website

Website

  • wandt.cc

    Server Location

    United States

    Website Domain Name

    wandt.cc

    Server IP

    104.21.95.9

Company Summary

Note: Wandt's official website: https://www.wandt.cc is currently inaccessible normally.

Wandt Review Summary
Found1996
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentsForex, Metals & Commodities, Indices
Demo Account
LeverageUp to 1:500
SpreadFrom 0.0 pips
Account TypeStandard & ECN
Trading PlatformMT4
Min Deposit$200
CommissionNo commissions for Standard account, $6 commission per lot for the ECN account

Wandt Information

Wandt, founded in 1996, is a brokerage registered in the United States. The trading instruments it provides cover Forex, Metals, Commodities, Indices. It provides 2 accounts and MT4 platform. But it is currently unregulated and lacks security.

Pros and Cons

Pros Cons
Multiple Market InstrumentsNo Regulation
Diverse Account TypesNo customer support channels provided
Demo account available
Competitive spreads starting from 0.0 pips
Utilization of MetaTrader 4 trading platform

Is Wandt Legit?

It is clear that Wandt, which was registered in 1996 and is currently unregulated, is insecure.

Is Wandt Legit?
Is Wandt Legit?

What Can I Trade on Wandt?

Wandt offers traders the opportunity to trade over Forex, Metals, Commodities, Indices.

Tradable Instruments Supported
Forex
Commodities
Indices
Metals
Stocks
Cryptocurrencies
Futures
Options

Account Types

Wandtoffers 2 different types of accounts to traders - Standard Account and ECN Account. The two accounts' minimum deposit is $200. Wandt also provides a demo account.

Leverage

Wandt offers the maximum trading leverage of up to 1:500. It is worth noting that high leverage means high returns but also high risks.

Wandt Fees

Wandt claims to offer low spreads.The Standard Account spreads starts from 1 pips and charges no commissions. The ECN Account spreads starts from 0.0 pips, but it charges $6 per round trade.

Account TypeSpresdsCommissions
Standard1pips$0
ECN0.0pips$6

Trading Platform

Wandt's trading platform is MT4, which supports traders on PC and Mobile.

Trading PlatformSupported Available Devices Suitable for
MT4Web, MobileBeginner
MT5

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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