Wealthfront is a Multi-Assets Trading Platform with over 270+ Assets
Wealthfront trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Social trading, are considered financial assets.
Features of Wealthfront
- Social Trading available
- Copy Trading available
- Wealthfront offers Advanced Financial Chart comparison tools
- Wealthfront offers Research-backed analysis on financial markets and investments from top analysts
- The Wealthfront platform is available to use on multiple devices including Apple Mac computers, and online through a Web Browser.
- Wealthfront offers an easy to use trading platform with tools for both New Traders and Seasoned Experts
- Wealthfront users benefit from using the Wealthfront platform in over 15 different languages
What you should know
Wealthfront offer four ways to trade: Forex trading, CFD trading, Social trading, .
Wealthfront are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Wealthfront safe?
When choosing a broker like Wealthfront the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.
Established in 2008, and in operation for 13 years Wealthfront have a head office in USA.
Wealthfront is not regulated. This means Wealthfront are not supervised by any regulatory bodies.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Wealthfront, this will be honored.
Your capital is at risk
Is my money safe with Wealthfront?
Any payments funded to Wealthfront accounts by traders are held in a segregated bank account.
For added security Wealthfront use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
What are Tier 1 banks and why should Wealthfront use them?
A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.
What does it mean to have your funds in Wealthfront deposited in a Tier 1 bank?
Having any money you deposit with Wealthfront means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Wealthfront goes out of business for some reason.
Therefore, we can safely conclude that Wealthfront is secure and safe.
That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.
While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Social trading, is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Wealthfront also clearly state on their platform that Your capital is at risk.
Now that we have answered some important questions regarding Wealthfront. let us look at the Wealthfront features in more detail.
Try creating two accounts when you are working with Wealthfront. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Wealthfront as a Company Compare Against Other Brokers
|Head Office||USA||Cyprus, UK||Poland||Australia|
|Regulation||Unregulated||Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)||Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa||Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)|
|Used By||10,000+ Wealthfront users||20,000,000+ eToro users||250,000+ XTB users||180,000+ IC Markets users|
|Negative balance protection||Yes||Yes||Yes|
|Guaranteed Stop Loss||No||No||No|
|Learn More||Visit Wealthfront||Visit eToro||Visit XTB||Visit IC Markets|
|Risk Warning||Your capital is at risk||67% of retail investor accounts lose money when trading CFDs with this provider.||74% 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.||Losses can exceed deposits|
Wealthfront Pros and Cons
Wealthfront Regulation and Licensing in more detail
Wealthfront maybe relatively new. Some brokers provide their service under offshore licenses to save operational costs. Regulatory licensing can be very costly. We recommend only trading with regulated brokers. Should anything go wrong with Wealthfront you are not guarenteed help in a difficult situation.
Is Wealthfront Global?
Yes, Wealthfront is global as Wealthfront is available in over 194 countries.
Wealthfront is a global trading platform in the sense that it operates in 194 countries including nations in Europe, Asia, Oceania, and Africa. Major countries Wealthfront covers include the UK, Germany, Australia, South Africa, Thailand the United States and China. Wealthfront has a total of more than 10,000 users.
Wealthfront Fees Explained
- Wealthfront withdrawal fees varies on payment method
- Wealthfront does charge a fee for inactive accounts.
- Wealthfront does charge deposit fees.
Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.
How Wealthfront Fees Compare Against Other Brokers
|CFD Commission Fees||Yes||Yes||Yes|
Wealthfront Minimum Deposit
Wealthfront require a minimum desposit of 500 GBP/USD/EUR when opening an Wealthfront trading account.
A minimum deposit is the minimum amount of money required by Wealthfront to open a new online brokerage account with them.
Dont be scared off by brokers like Wealthfront charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on their platforms that are not available for free on other platforms.
Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.
Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.
Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.
As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.
Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.
Wealthfront Withdrawal Fees
Wealthfront withdrawal fees vary depending on your selected withdrawal payment method.
Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.
This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your receiving currency and your payment provider.
Wealthfront for example allow you to withdraw your funds to Credit card ,Debit card, Apple Pay , Google Pay, Cash App, Venmo, Paypal.
Wealthfront Inactivity Fees
Wealthfront does charge a fee for inactive accounts.
An account inactivity fee is a fee charged to the registered brokerage client.
Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.
If a clients trading account does not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.
Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.
If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.
Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.
Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.
Wealthfront Desposit Fees
Wealthfront does charge deposit fees.
You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.
Wealthfront Commission Fees
Wealthfront does charge commission on CFD instruments.
A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.
A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.
Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.
Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.
If a market order is not fulfilled by your brokerage usually no commission is charged.
Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.
What can you trade with Wealthfront?
Be aware that different entities under the Wealthfront Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client. Additionally, the trading instruments offered by Wealthfront may vary depending on the trading platform you choose to trade with.
You can trade a wide variety of instruments with Wealthfront over 270 instruments infact.
If you are looking for Forex brokers to trade currency pairs on global Forex markets Wealthfront offer over currency pairs.
How Wealthfront Trading Options Compare Against Other Brokers
|Platforms||iPhone,Mac,iPad,Android,WEB||Web Trader, Tablet & Mobile apps||MT4, Mirror Trader, Web Trader, Tablet & Mobile apps||MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac|
|FX / Currencies|
|Forex pairs offered||50||57||65|
|Major Forex pairs||No||Yes||Yes||Yes|
|Minor Forex pairs||No||Yes||Yes||Yes|
|Exotic Forex pairs||No||Yes||Yes||Yes|
|Cryptocurrencies (availability subject to regulation)||No||Yes||Yes||Yes|
|Indiced & Stock CFDs|
Your capital is at risk
67% of retail investor accounts lose money when trading CFDs with this provider.
74% 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.
Visit IC Markets
Losses can exceed deposits
Trading on Wealthfront web platforms and other applications
Wealthfront offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.
A Wealthfront iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
Wealthfront also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.See Wealthfront's platforms
Is the Wealthfront Trading Platform Secure?
Wealthfront safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Wealthfront also urges its clients through its web platform to always look for the SSL security sign (a lock sign) on the browser while operating Wealthfront.
Wealthfront Trading Platform Options
Wealthfront does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
Wealthfront offer an their own custom trading platform developed and tested in house. The Wealthfront trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades.
The Wealthfront platform allows traders to filter the financial marketplace for trade opportunities that match a criteria.
With Wealthfront you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Wealthfront platform including news and quotes. Discover possible trades with the strong charting tools found with Wealthfront. Wealthfront is available as downloadable applications or online through the cloud. Monitor your orders with Wealthfront and receive breaking news in your positions.
Wealthfront Trading benefits
Wealthfront Trading Accounts Offered
Below we give an overview on the account types that Wealthfront offer. Whatever you are looking to trade the varying Wealthfront account types will be able to provide you with what you need.
- Islamic account
Can I try Wealthfront before I buy?
Wealthfront offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade
Your capital is at risk
Wealthfront withdrawal and funding methods
Please note that the list of Wealthfront payment methods below depend on the Wealthfront Entity and the Clients Country of Residence.
All available Wealthfront payment methods available to you can be found in your Wealthfront members area checked on the Wealthfront website.
Wealthfront offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Wealthfront
Wealthfront Payment Methods
- Wealthfront accepts Credit card
- Wealthfront accepts Debit card
- Wealthfront accepts Apple Pay
- Wealthfront accepts Google Pay
- Wealthfront accepts Cash App
- Wealthfront accepts Venmo
- Wealthfront accepts Paypal
*please note available Wealthfront and other broker payment methods depend on the clients country of residence.
How can I start trading with Wealthfront?
When opening a trading account with Wealthfront, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Wealthfront trading platforms here. You will need to provide some basic documentation to prove your identity as part of Wealthfront onboarding and normal KYC identity checks. These checks are standard practice and help Wealthfront provide a safe financial environment for their 10,000 users.
Your capital is at risk
Performing trades with Wealthfront
Wealthfront allow you to execute a minimum of trade of . This may vary depending on the account you open. Wealthfront allow you to execute a maxium trade of .
As a market maker, Wealthfront may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.
As with most brokers, margin requirements do vary depending on the instruments.
CFD Trading on Wealthfront
let's take a look at some of the basics of using Wealthfront leverage.
Wealthfront offer CFD which are a leveraged product for this example we describe ten times leverage.
So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.
So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.
Wealthfront leverage magnifies both profits and losses when trading.
Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Wealthfront trading platform.
let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.
It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.
Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.
The Wealthfront leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.
Wealthfront CFDs are typically used for short to medium term trades. For example Wealthfront intraday CFD trading. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset. CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling. More advanced traders can also use CFDs to hedge.
Always be aware that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Your capital is at risk
Education resources at Wealthfront
To trade effectively with Wealthfront, it's important to get a have a good understanding of the Wealthfront trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Wealthfront and externally.
Wealthfront offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.
Having an analytical approach may be a good way to approach trading with Wealthfront.
Take time to look around the Wealthfront platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.
Customer Support at Wealthfront
As part of our Wealthfront review we review customer service options, response times and Wealthfront trading platform problem resolution effectiveness.Wealthfront support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
Wealthfront have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Wealthfront less customer support features compared to other brokers like live chat, phone and email support.
Livechat Support at Wealthfront
Wealthfront does not offer LiveChat Support.
Email Support at Wealthfront
Wealthfront does not offer Email Support.
Phone Support at Wealthfront
Wealthfront does not offer Phone Support.
See how Wealthfront Support Compares Against Other Brokers
|Languages||English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian||English, German, Spanish, French, Italian||English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish||English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more|
|Learn More||Visit Wealthfront||Visit eToro||Visit XTB||Visit IC Markets|
|Risk Warning||Your capital is at risk||67% of retail investor accounts lose money when trading CFDs with this provider.||Losses can exceed deposits|
What you will need to open an account with Wealthfront
As Wealthfront is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:
Be aware that the expiration date of Proof of address document for different entities under Wealthfront Brand may be different.
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 5 minutes or so to complete the account opening process.
While you might be able to explore Wealthfront's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with Wealthfront you can visit the Wealthfront trading platform here.
CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.wealthfront.com/ on November 30, 2021.
Is Wealthfront A Good Broker?
We spent over 3 months examining Wealthfront in depth. Although we found some very useful aspects of the Wealthfront platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Wealthfront broker.
- Wealthfront have a good track record of offering Forex trading, CFD trading, Social trading, .
- Wealthfront has a history of over 13 years.
- Wealthfront has a reasonable sized customer support of at least 10.
- Wealthfront are regulated by the Unregulated. This means Wealthfront fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Wealthfront have regulation from Tier 1 reputable regulators.
- Wealthfront has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Wealthfront have an international presence in multiple countries. This includes local Wealthfront seminars and training.
- Wealthfront are able to hire people from various locations in the world who can better communicate in your local language.
Wealthfront Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.
Wealthfront not quite right?
If after reading this Wealthfront review, Wealthfront does not fulfill your needs check out these Wealthfront Alternatives.
We have spent years researching the best alternatives to Wealthfront. Click the links below to learn more.
- eToro Review
- XTB Review
- IC Markets Review
- AvaTrade Review
- Roboforex Review
- Pepperstone Review
- XM Review
- FP Markets Review
- Plus500 Review
- FXPrimus Review
- easyMarkets Review
- Trading 212 Review
- SpreadEx Review
- Admiral Markets Review
- NordFX Review
- HYCM Review
- Axitrader Review
- Swissquote Review
- ThinkMarkets Review
- Markets.com Review
- ForexMart Review
- Eightcap Review
- ForTrade Review
- FxPro Review
- Phoenix Markets Review
- ETFinance Review
- Oinvest Review
- EZINVEST Review
Related Wealthfront Vs Comparisons
We have covered allot in this Wealthfront review, If you want to see how Wealthfront compares side by side with other brokers check out our Wealthfront Vs pages.
If you would like to see how Wealthfront stands up against other brokers you can read some of our Wealthfront comparisons below. We compare side by side some of our top rated Wealthfront versus comparisons. Read our indepth Wealthfront VS pages below.
- Wealthfront vs eToro
- Wealthfront vs XTB
- Wealthfront vs ICMarkets
- Wealthfront vs AvaTrade
- Wealthfront vs Roboforex
- Wealthfront vs Pepperstone
- Wealthfront vs XM
- Wealthfront vs FPMarkets
- Wealthfront vs Plus500
- Wealthfront vs FXPrimus
- Wealthfront vs easyMarkets
- Wealthfront vs Trading212
- Wealthfront vs SpreadEx
- Wealthfront vs AdmiralMarkets
- Wealthfront vs NordFX
- Wealthfront vs HYCM
- Wealthfront vs Axitrader
- Wealthfront vs Swissquote
- Wealthfront vs ThinkMarkets
- Wealthfront vs Markets.com
- Wealthfront vs ForexMart
- Wealthfront vs Eightcap
- Wealthfront vs ForTrade
- Wealthfront vs FxPro
- Wealthfront vs PhoenixMarkets
- Wealthfront vs ETFinance
- Wealthfront vs Oinvest
- Wealthfront vs EZINVEST
WEALTHFRONT Frequently Asked Questions
Read our detailed Wealthfront FAQ Section updated for 2021.
Can I try Wealthfront before I buy?
Wealthfront do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do Wealthfront accept?
Please note that the list of payment methods below depend on the Wealthfront Entity and the Clients Country of Residence.
Wealthfront offer the following funding payment methods Credit card , Debit card, Apple Pay , Google Pay, Cash App, Venmo, Paypal, among other payment methods.
Learn more here
Is Wealthfront safe?
While Wealthfront may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to Wealthfront accounts by traders are held in a segregated bank account. For added security Wealthfront use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
Your capital is at risk
Is Wealthfront trading good?
Wealthfront is considered good and reputable to trade with Wealthfront. Wealthfront is used by over 10,000 traders and Wealthfront users. Wealthfront offers Forex trading, CFD trading, Social trading, and trading. Minimum deposit with Wealthfront is 500.
Is Wealthfront trading Legit?
Wealthfront was founded in USA in 2008. Wealthfront has been facilitating trade on the financial markets for over 13 years. Wealthfront offers clients Forex trading, CFD trading, Social trading, and trading. All funds deposited to Wealthfront are held in segregated tier 1 bank accounts for security. Wealthfront is not regulated. Although this doesnt mean Wealthfront are awful, we recommend trading with regulated brokers.
Is Wealthfront a good broker?
Wealthfront is overseen by the top tier financial regulators Unregulated so can be considered a good broker. Wealthfront allows Forex trading, CFD trading, Social trading, and trading.
Is Wealthfront trustworthy broker?
While having many plus points because Wealthfront is not regulated we personally would not trade with them. Make any broker you trade with is regulated and places any funded money into segregated tier 1 bank accounts. If your money is in a segregated bank account the broker has no direct access to your funds so cannot misappropriate your money.
What is the minimum deposit for Wealthfront?
The minimum deposit to trade with Wealthfront is 500.
How long do Wealthfront withdrawals take?
Withdrawing money from Wealthfront processing time varies depending on the method but averages 2-5 days.
Is Wealthfront regulated?
Wealthfront is not regulated by a top tier financial regulator.
Is Wealthfront a market maker?
Wealthfront is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.
How can I start trading with Wealthfront?
When opening a trading account with Wealthfront, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Wealthfront trading platforms here.
Is my money safe with Wealthfront?
Wealthfront is regulated by the Unregulated. One of the most important criteria for traders when choosing a broker like Wealthfront is the regulatory body and regulatory status of the broker.
Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Wealthfront, this will be honored. If they violate any regulatory rules their regulated status can be stripped.
Is Wealthfront a con?
While we would noy say that Wealthfront is a con. Because they are not regulated by a top tier financial regulator we would not trade with them.
Can you make money with Wealthfront?
Although traders have had great success with Wealthfront. Trading on the financial markets with Wealthfront is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Wealthfront have fees?
Wealthfront withdrawal fees varies on payment method.Wealthfront does charge a fee for inactive accounts. Wealthfront does charge deposit fees.
When was Wealthfront founded?
Wealthfront was founded in 2008.
How many people use Wealthfront?
Wealthfront is used by over 10,000 registered Wealthfront users.
What is Wealthfront Headquarters country?
Wealthfront has its head quarters office in USA .
Does Wealthfront offer negative balance protection?
Wealthfront does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.
Does Wealthfront offer guaranteed stop loss?
Wealthfront does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Wealthfront allow scalping?
Wealthfront does not offer scalping.
Does Wealthfront allow hedging?
Wealthfront does not offer hedging.
Does Wealthfront offer CFD trading?
Wealthfront offers CFD trading.
Does Wealthfront offer STP?
Wealthfront does not offer STP trading.
How many people use Wealthfront?
Wealthfront is used by over 10000 Wealthfront users and traders.
Is Wealthfront an ECN broker?
Wealthfront does not offer ECN trading.
Does Wealthfront offer a demo account?
Wealthfront does not offer demo account.
Does Wealthfront offer an Islamic account?
Wealthfront offers an Islamic account.
What are the funding methods for Wealthfront?
Please note that funding methods and funding options available with Wealthfront can be found in the Wealthfront Members area and depend on the Wealthfront client’s country of residence. Please check your specific available payment methods on the Wealthfront website. Wealthfront accept the following funding methods : Credit card ,Debit card, Apple Pay , Google Pay, Cash App, Venmo, Paypal.