WB Forex Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-11 15:00Abstract：Founded in 2019, WB Forex is an unregulated broker registered in Palau, offering forex trading with leverage up to 1:100 via the WebTrader platform. The minimum deposit requirement is only $1.
Note: WB Forex's official website - https://www.willbrainforex.com/ is currently inaccessible normally.
| WB ForexReview Summary | |
| Founded | 2019 |
| Registered Country/Region | Palau |
| Regulation | Unregulated |
| Market Instruments | Forex, etc. |
| Demo Account | ❌ |
| Leverage | Up to 1:100 |
| Spread | / |
| Trading Platform | WebTrader |
| Min Deposit | $1 |
| Customer Support | Email: support@willbrainforex.com |
| Address: P.O. BOX 1849, KOROR, PALAU 96940 | |
Founded in 2019, WB Forex is an unregulated broker registered in Palau, offering forex trading with leverage up to 1:100 via the WebTrader platform. The minimum deposit requirement is only $1.
Pros and Cons
| Pros | Cons |
| Low minimum deposit required | Inaccessible website |
| Unregulated | |
| Limited tradable asset classes | |
| Unclear fee structure | |
| No MT4/5 | |
| Limited payment options |
Is WB Forex Legit?
No, WB Forex is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
Account Type
WB Forex offers a Standard ECN account and a PAMM account.
Leverage
WB Forex offers leverage up to 1:100. Although lower leverage results in relatively lower returns, the risk is also reduced accordingly.
Fees
WB Forex claims to offer variable spreads and no commissions.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker offers an unpopular payment option called Bellcoin.
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