We found 11 online brokers that are appropriate for Trading Wish IPO Investment Platforms.
Wish is an online marketplace where people can buy products online through sellers from all over the world. It can be categorized as a cheap version of the Amazon e-commerce platform. On the Wish platform, it is common to find or counterfeit products, which is not a common occurrence on well-regulated platforms such as Amazon. Another thing that allows Wish to have cheap products available is its seller base, which mostly hails from China and similar countries.
Wish decided to expand, and the easiest way to do that was to go public. For an online platform such as Wish, the competition is really fierce.For this reason, money was needed in order to further expand the Wish platform. As a result, the company behind Wish decided to go public through an IPO process.
But once the online e-commerce marketplace IPO went live, the stock price dropped a whopping 16.4%. This was really troubling news for this discount e-commerce website.
The original IPO price of the online shopping website was about $24 per share. But the opening price turned out to be about $22.75. Despite the drop, the company still managed to raise more than $1 billion through the IPO. Based on the company's performance and the capital it managed to raise, the new valuation of the company is now about $14 billion. If we look at the view of private investors, their initial valuation of Wish is slightly lower as they believe the company's worth is $11 billion.
'ContextLogic' is the company behind the Wish online platform. The original date when the company decided to go public was in November 2021. After consulting with various experts, the company decided to set a price range of $22 to $24 for one share of the company.
The force behind ContextLogic is actually an engineer who worked at the famous tech company, Google. He made sure that the online marketplace had everything such as toys, books, electronics, clothes, etc. at a discounted price.
It is quite common to find a lot of items on the Wish platform that goes for just a few dollars per piece. If you search for the same product on other sites such as Amazon, you may not find such affordable options at all. Therefore, Wish has managed to gain popularity in such a short period of time among people who hunt for discounts.
But cheap does not always mean good. To offer products at such a cheap rate, the sellers usually take shortcuts and offer substandard products or even fake brands. If you search Google for Wish reviews, Wish's rating on various famous websites is very low. In a sense, one can compare the US-based Wish with another famous Chinese e-commerce platform called Aliexpress. One thing that these two sale platforms have in common, is the abundance of Chinese sellers.
In fact, many people have started comparing the Wish online store with the discounted stores that are commonly known as dollar stores. In such dollar stores, a lot of items can be found that are priced at $1 per piece. According to Szulczewski, however, the actual value of Wish is a lot higher than the initial valuations.
He further stated that Wish's main focus is to deliver value for the end-users. A policy like this is the driving force behind the massive success of the e-commerce platform.
The fact is that there is a flood of fake items on Wish.com and many people even get totally different products to what they ordered.
But if we look at the timing of Wish IPO, it was almost perfect. In the height of the COVID-19 pandemic, online sales were at new heights and the sales numbers of famous sites such as the Etsy, Amazon, and the Shopify also increased greatly. The new entrant Wish also saw its sales numbers skyrocket due to the pandemic.
If we take a closer look at the prospectus that was issued for the company's IPO, it revealed quite a story. The growth of the Wish platform is actually slower as compared to the already established players such as Walmart and Amazon. During a period of 9 months, the company earned a revenue of almost $1.75 billion. As for the growth rate, Wish only managed to grow by 32%, while the industry leader Amazon saw its sales grow by 38%.
Generally, already established companies usually experience slow growth while new entrants grow really fast. But if we look at the Wish case, it is the exact opposite. Perhaps the buzz associated with this online marketplace has worn off, and people have moved back to the other players such as Amazon or Shopify.
We have conducted extensive research and analysis on over multiple data points on Wish IPO to present you with a comprehensive guide that can help you find the most suitable Wish IPO. Below we shortlist what we think are the best Wish IPO Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Wish IPO.
Selecting a reliable and reputable online Wish IPO Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Wish IPO Investment Platforms more confidently.
Selecting the right online Wish IPO Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Wish IPO Investment Platforms trading, it's essential to compare the different options available to you. Our Wish IPO Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Wish IPO Investment Platforms broker that best suits your needs and preferences for Wish IPO Investment Platforms. Our Wish IPO Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Wish IPO Investment Platforms.
Compare Wish IPO Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Wish IPO Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Wish IPO Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Wish IPO Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Wish IPO Investment Platforms that accept Wish IPO Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
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IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Wish IPO Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Wish IPO Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Wish IPO Investment Platforms below.
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