WisunoFX Information
Registered in Seychelles, WisunoFX operates as a multi-asset trading platform, offering tradable products including Forex, Indices, Commodities, Stocks, Cryptocurrencies, and Metals. Wisuno claims to offer leverage up to 1:2000 and access to MT4 and MT5. To start trading on this platform, a low minimum deposit of $10 is required. However, WisunoFX doesn't offer its service to residents from many regions.
Pros and Cons
Is WisunoFX Legit?
WisunoFX operates under the Cyprus Securities and Exchange Commission (CYSEC) and the Seychelles Financial Services Authority (FSA). However, its FSA regulation is offshore, which added a hint of risk.
What Can I Trade on WisunoFX?
Traders on WisunoFX get tradable assets including Forex, Indices, Commodities, Stocks, Cryptocurrencies, and Metals.
Account Type
There are three distinct account types available on WisunoFX: USD Cent Account, Standard Account, and ECN Account.
Leverage
WisunoFX offers a high leverage of 1:2000. Leverage allows traders to control larger positions than their own capital would permit. However, with greater leverage comes greater risks.
Spreads
WisunoFX offers floating spreads that vary based on the account class and currency.
In terms of commission, WisunoFX charges ECN account users $5 per trade.
Trading Platform
WisunoFX provides MT4 and MT5 as the trading platforms.
MT4, short for MetaTrader 4, is a widely used electronic trading platform. It was released in 2005 and has since become one of the most popular platforms for forex trading and CFD (Contract for Difference) trading, especially among retail traders.
MT5 is the successor to MT4. It offers a more comprehensive set of features compared to MT4, including additional timeframes, more technical indicators, and an integrated economic calendar.
Deposit and Withdrawal
Seychelles
FX3240390682
New Zealand
It took about 2 weeks, the spread is very attractive, I can say it is the lowest I have encountered, the trading speed is good, the recent bonus activities are also very powerful, I hope to add more products, especially virtual currencies.
Positive
A0 Rock
Hong Kong
Honestly, I do think WisuoFX is a good forex broker. It provides particularly good spreads. Unfortunately, it does not support stock trading.
Neutral
hussw
Malaysia
Good! Three star rating because of instant order executions low spreads and no delaying tactics no price manipulation while you trade.
Positive
Lux Vergaraga
Colombia
Having been trading with this broker for a while now, and their low spreads are the real deal. I've hardly ever experienced slippage,
Positive
Can
Australia
I really enjoy using Wisuno Broker for Forex trading. Their platform is very easy to use and very stable. I have never experienced a system crash or transaction delay. In addition, their customer service team was excellent, always able to solve my problems in a timely manner and provide useful advice. On top of that, my trading performance on Wisuno Broker is excellent, and my trading earnings have grown steadily.
Positive
Agustinus Revelle Sitorus
Spain
A friend of mine recommended this company to me and I think it really deserves it. Your transaction costs are within a reasonable range, and current withdrawals are normal as well. But i saw bad information on wikifx website, i got a bit scared and i was thinking to withdraw all my money.
Positive