WAYSTRADE Journal (Broker out of business)
| Journal status: closed WAYSTRADE out of business |
WAYSTRADE Profile
Website
waystrade.com
Year
2010
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
STP, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
680 ms
LPs total
2
LPs quality
not disclosed
LPs names
not disclosed
WAYSTRADE Accounts
STP
ECN
Minimum Deposit
100 $
1000 $
Leverage
500 : 1
200 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0.8 pips
Commission
0 $/lotRT
...
Volume
500 lots
500 lots
Margin Call
100 %
100 %
Stop Out
20 %
20 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Skrill, Perfect Money, PayPal, WebMoney, Bitcoin
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
| Update broker |
Is WAYSTRADE safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: yes
- Negative Balance Protection: yes
Is WAYSTRADE trusted?
- Information transparency: poor
★ - Customer service: prompt, helpful
★★★★★ - WAYSTRADE website: uninformative, updated
★★ - WAYSTRADE popularity (by visitor count): low visits
★★
How WAYSTRADE works
12. Scalp trading on all symbols in less than 100 seconds is forbidden, and gained profit will be deducted if the length of the trade is less than 100 seconds.
https://waystrade.com/terms-and-conditions/
No Client Agreement found on the website.
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