The site is operated by WeFinancial, which does not disclose any legal information or address. However, the Anti-Money Laundering Policy section states that billing and clearing are governed by the laws of the Grenadines and St. Vincent. Meanwhile, the Bonus Policy states that all disputes are governed by the laws of the Republic of Estonia. In addition, the broker informs that it cannot work with residents of the USA and some other countries. Finally, we did not find any data about the platform’s creation date. As for the domain, it has been operating since 2017.
Brokerage service is available to clients on desktop computers and in mobile applications for smartphones. Trading is possible on WeFinancial’s own platform. To get started, you need to register and confirm your identity, including the KYC process via video or audio conference.
The broker offers 6 types of accounts differing in leverage size, withdrawal procedure, number of accesses to arbitrage, webinars, and other parameters. Trading accounts sorted by minimum deposit:
- Trail – $250
- Secondary Income – $10,000
- Managed Portfolio – $50,000
- Retirement – $100,000
- Heritage – $250,000
- VIP – $500,000
Clients can use credit cards, e-wallets (EFT, APM), and bank transfers for payments. The minimum withdrawal amount is $100.
WeFinancial warns in the client agreement that it is not responsible for any losses and damages to users. And the client also agrees that if they have not conducted any transaction for 30 consecutive days, then their account will be automatically charged a $99 fee for each such period.
The site has an electronic library of 12 books, which provide information on Forex and CFD trading as well as describe strategies. In addition, there is a Glossary section with explanations of trading terms. There is also a News page, but it is not filled with content.