WiseAlpha review
WiseAlpha is a Multi-Assets Trading Platform with over 258+ Assets
WiseAlpha is a multi asset platform with 258+ tradable Assets.
Assets available on WiseAlpha include Forex trading, Spread Betting, .
WiseAlpha trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, Spread Betting, are considered financial assets.
Features of WiseAlpha
- Virtual Portfolio, or what is commonly known as a Demo Account
- WiseAlpha offers Advanced Financial Chart comparison tools
- WiseAlpha offers Research-backed analysis on financial markets and investments from top analysts
- The WiseAlpha platform is available to use on multiple devices including Apple Mac computers, and online through a Web Browser.
- WiseAlpha offers an easy to use trading platform with tools for both New Traders and Seasoned Experts
- WiseAlpha users benefit from using the WiseAlpha platform in over 15 different languages
WiseAlpha review
What you should know
WiseAlpha offer three ways to trade: Forex trading, Spread Betting, . The assets and products available to you on the WiseAlpha trading platform depend on the region of the world you are in and what entity you have an account with.
With WiseAlpha you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with WiseAlpha platform.
WiseAlpha are able to accommodate various levels of traders whether you are experienced or a beginner.
Are WiseAlpha safe?
When choosing a broker like WiseAlpha 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 14 years WiseAlpha have a head office in UK.
WiseAlpha is regulated. This means WiseAlpha are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.
Regulated brokers are highly unlikely to manipulate market prices due to the regulations imposed. When you send in a withdrawal request to WiseAlpha, this will be honored. If WiseAlpha violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with WiseAlpha?
Any payments funded to WiseAlpha accounts by traders are held in a segregated bank account.
For added security WiseAlpha 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 WiseAlpha 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 are typically able to withstand unexpected losses.
What does it mean to have your funds in WiseAlpha deposited in a Tier 1 bank?
Having any money you deposit with WiseAlpha means that your funds are kept in a bank that has enough capital to accommodate your withdrawal wishes even if WiseAlpha goes out of business for some reason.
Therefore, we can safely conclude that WiseAlpha is reasonably 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, Spread Betting, 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. WiseAlpha also clearly state on their platform that Your capital is at risk.
Now that we have answered some important questions regarding WiseAlpha. let us look at the WiseAlpha features in more detail.
Try creating two accounts when you are working with WiseAlpha. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.
Open a demo account Visit WiseAlpha
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How WiseAlpha as a Company Compare Against Other Brokers
Broker |
wisealpha
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eToro
![]() |
IC Markets
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Roboforex
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Year Established | 2008 | 2007 | 2007 | 2009 |
Head Office | UK | Cyprus, UK | Australia | Cyprus |
Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) |
Used By | 10,000+ WiseAlpha users | 27,000,000+ eToro users | 180,000+ IC Markets users | 10,000+ Roboforex users |
Negative balance protection | Yes | Yes | No | |
Guaranteed Stop Loss | No | No | No | |
Learn More | Visit WiseAlpha | Visit eToro | Visit IC Markets | Visit Roboforex |
Risk Warning | Your capital is at risk | 78% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Losses can exceed deposits |
WiseAlpha review
WiseAlpha Pros and Cons
WiseAlpha review
WiseAlpha Regulation and Licensing in more detail
We have checked and WiseAlpha is regulated and supervised by reputable organisations. You are able to check every WiseAlpha supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with WiseAlpha. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.
The brokerage firms have to comply with a variety of rules and criteria that is determined by the jurisdiction’s regulatory authorities, in order to stay licensed and continue operations in those jurisdictions. The whole notion of regulation is to protect WiseAlpha traders and provide safer a trading environment. Financial regulation and license approval is essential.
WiseAlpha is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as WiseAlpha you should be sure they're legitimate online agent.
Is WiseAlpha Global?
Yes, WiseAlpha is global as WiseAlpha is available in over 194 countries.
WiseAlpha is a global trading platform in the sense that it operates in 194 countries including nations in Europe, Asia, Oceania, and Africa. Major countries WiseAlpha covers include the UK, Germany, Australia, South Africa, Thailand the United States and China. WiseAlpha has a total of more than 10,000 users.
WiseAlpha review
WiseAlpha Fees Explained
- WiseAlpha withdrawal fees varies on payment method
- WiseAlpha does charge a fee for inactive accounts.
- WiseAlpha 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 WiseAlpha Fees Compare Against Other Brokers
Broker |
wisealpha
![]() |
eToro
![]() |
IC Markets
![]() |
Roboforex
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Min Deposit | 0 | 10 | 200 | 1 |
Withdrawal Fees | varies | Yes | No | Yes |
Inactivity Fees | Yes | No | No | |
Deposit Fees | No | Varies | No | |
CFD Commission Fees | Yes | Yes | No |
WiseAlpha Minimum Deposit
WiseAlpha do not require a minimum deposit when opening a WiseAlpha trading account.
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 returns 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.
WiseAlpha Withdrawal Fees
WiseAlpha 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.
For example WiseAlpha allows you to withdraw your funds to WiseAlpha,Credit cards, Skrill, Neteller.
WiseAlpha Inactivity Fees
WiseAlpha 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 and 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.
WiseAlpha Deposit Fees
WiseAlpha 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.
WiseAlpha Commission Fees
WiseAlpha 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.
WiseAlpha review
What can you trade with WiseAlpha?
Be aware that different entities under the WiseAlpha Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client and the entity that holds the customer account. Additionally, the trading instruments offered by WiseAlpha may vary depending on the trading platform you choose to trade with.
You can trade a wide variety of instruments with WiseAlpha over 258 instruments infact.
If you are looking for Forex brokers to trade currency pairs on global Forex markets WiseAlpha offer over currency pairs.
Compare WiseAlpha with eToro and IC Markets below.
How WiseAlpha Trading Options Compare Against Other Brokers
Broker |
wisealpha
![]() |
eToro
![]() |
IC Markets
![]() |
Roboforex
![]() |
Instruments Available | 258 | 2000 | 232 | 100 |
Platforms | Android ,iPhone,Mac,iPade | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps |
FX / Currencies | ||||
Forex pairs offered | 50 | 65 | 35 | |
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 | No |
Commodity CFDs | ||||
Commodities Offered | 0 | 31 | 19 | 21 |
Metals | No | Yes | Yes | Yes |
Energies | No | Yes | Yes | No |
Agricultural | No | Yes | Yes | No |
Indiced & Stock CFDs | ||||
Stocks Offered | 2042 | 110 | 0 | |
UK Shares | No | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit WiseAlpha
Your capital is at risk |
Visit eToro
78% of retail investor accounts lose money when trading CFDs with this provider. |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
WiseAlpha review
Trading on WiseAlpha web platforms and other applications
WiseAlpha 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 WiseAlpha iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
WiseAlpha 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 WiseAlpha's platformsIs the WiseAlpha Trading Platform Secure?
WiseAlpha safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. WiseAlpha also urges its clients through its web platform to always look for the SSL security sign (a lock sign) on the browser while operating WiseAlpha.
WiseAlpha Trading Platform Options
WiseAlpha does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
WiseAlpha offer an their own custom trading platform developed and tested in house. The WiseAlpha trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades.
The WiseAlpha platform allows traders to filter the financial marketplace for trade opportunities that match a criteria.
With WiseAlpha you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the WiseAlpha platform including news and quotes. Discover possible trades with the strong charting tools found with WiseAlpha. WiseAlpha is available as downloadable applications or online through the cloud. Monitor your orders with WiseAlpha and receive breaking news in your positions.
WiseAlpha Trading benefits
- Low min deposit
WiseAlpha Trading Accounts Offered
Below we give an overview on the account types that WiseAlpha offer. Whatever you are looking to trade the varying WiseAlpha account types will be able to provide you with what you need.
- Demo account
- Standard account
- Islamic account
Can I try WiseAlpha?
WiseAlpha 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
WiseAlpha withdrawal and funding methods
Please note that the list of WiseAlpha payment methods below depend on the WiseAlpha Entity and the Clients Country of Residence.
All available WiseAlpha payment methods available to you can be found in your WiseAlpha members area checked on the WiseAlpha website.
WiseAlpha offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about WiseAlpha
WiseAlpha Payment Methods
- WiseAlpha accepts WiseAlpha
- WiseAlpha accepts Credit cards
- WiseAlpha accepts Skrill
- WiseAlpha accepts Neteller
Broker |
wisealpha
![]() |
eToro
![]() |
IC Markets
![]() |
Roboforex
![]() |
Bank transfer | No | Yes | Yes | Yes |
Credit Cards | Yes | Yes | Yes | Yes |
Paypal | No | Yes | Yes | No |
Skrill | Yes | Yes | Yes | Yes |
Payoneer | No | Yes | No | Yes |
Neteller | Yes | Yes | Yes | Yes |
*please note available WiseAlpha and other broker payment methods depend on the clients country of residence.
How can I start trading with WiseAlpha?
When opening a trading account with WiseAlpha, 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 WiseAlpha trading platforms here. You will need to provide some basic documentation to prove your identity as part of WiseAlpha onboarding and normal KYC identity checks. These checks are standard practice and help WiseAlpha provide a safe financial environment for their 10,000 users.
Your capital is at risk
Performing trades with WiseAlpha
WiseAlpha allow you to execute a minimum of trade of varies. This may vary depending on the account you open. WiseAlpha allow you to execute a maxium trade of varies.
As a market maker, WiseAlpha 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.
Education Resources at WiseAlpha
To trade effectively with WiseAlpha, it's important to get a have a good understanding of the WiseAlpha trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with WiseAlpha and externally.
WiseAlpha 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/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 WiseAlpha.
Take time to look around the WiseAlpha 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 WiseAlpha
As part of our WiseAlpha review we review customer service options, response times and WiseAlpha trading platform problem resolution effectiveness.WiseAlpha support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
WiseAlpha have a B grade support rating because sometimes the reposonse was slow or our query wasnt answered. WiseAlpha offer email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.
Livechat Support at WiseAlpha
We tested the WiseAlpha live chat and it works well. We sent messages to WiseAlpha livechat through their app and website and recieved a response within 20 minutes.
We tested communicating with WiseAlpha support in multiple languages in multiple countries. WiseAlpha where able to resolve our customer issues.
Email Support at WiseAlpha
We sent several emails to WiseAlpha and answer times overall were excellent. The fastest response from WiseAlpha was less than 40 minutes and the slowest response was 2 days. Support response times may vary for you with WiseAlpha, but this was our experience sending 10 emails at varying times.
The team resolved and answered our queries. Overall average email support from WiseAlpha.
Phone Support at WiseAlpha
We called WiseAlpha and the call was answered very quickly. The call was answered in less than 5-10 minutes.
The WiseAlpha phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual WiseAlpha team by calling in varying languages. WiseAlpha made an effort to make sure our queries were answered.
Overall the phone support from WiseAlpha was average.
See how WiseAlpha Support Compares Against Other Brokers
Broker |
wisealpha
![]() |
eToro
![]() |
IC Markets
![]() |
Roboforex
![]() |
Support |
|
|
|
|
Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian |
Learn More | Visit WiseAlpha | Visit eToro | Visit IC Markets | Visit Roboforex |
Risk Warning | Your capital is at risk | 78% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | Losses can exceed deposits |
What you will need to open an account with WiseAlpha
As WiseAlpha is regulated by Financial Conduct Authority (FCA), 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 WiseAlpha 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 WiseAlpha'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 WiseAlpha you can visit the WiseAlpha trading platform here.
CFDs are leveraged products and can result in significant losses, excess of your invested 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.wisealpha.com/ on August 05, 2022.
Is WiseAlpha A Good Broker?
We spent over 3 months examining WiseAlpha in depth. Although we found some very useful aspects of the WiseAlpha platform that would be useful to some traders, our overall our feeling is that you would be better served with an alternative to WiseAlpha.
- WiseAlpha have a good track record of offering Forex trading, Spread Betting, .
- WiseAlpha has a history of over 14 years.
- WiseAlpha has a reasonable sized customer support of at least 10.
- WiseAlpha are regulated by the Financial Conduct Authority (FCA). This means WiseAlpha 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.
- WiseAlpha have regulation from reputable regulators.
- WiseAlpha has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- WiseAlpha have an international presence in multiple countries. This includes local WiseAlpha seminars and training.
- WiseAlpha are able to hire people from various locations in the world who can better communicate in your local language.
WiseAlpha 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.
WiseAlpha not quite right?
If after reading this WiseAlpha review, WiseAlpha does not fulfill your needs check out these WiseAlpha Alternatives.
Click here to view the best WiseAlpha Alternatives
We have spent years researching the best alternatives to WiseAlpha. Click the links below to learn more.
If you feel some of the above WiseAlpha are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of WiseAlpha alternatives below.
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Related WiseAlpha Vs Comparisons
We have covered allot in this WiseAlpha review, If you want to see how WiseAlpha compares side by side with other brokers check out our WiseAlpha Vs pages.
If you would like to see how WiseAlpha stands up against other brokers you can read some of our WiseAlpha comparisons below. We compare side by side some of our top rated WiseAlpha versus comparisons. Read our indepth WiseAlpha VS pages below.
- WiseAlpha vs eToro
- WiseAlpha vs ICMarkets
- WiseAlpha vs Roboforex
- WiseAlpha vs AvaTrade
- WiseAlpha vs XM
- WiseAlpha vs XTB
- WiseAlpha vs Pepperstone
- WiseAlpha vs FPMarkets
- WiseAlpha vs Trading212
- WiseAlpha vs NordFX
- WiseAlpha vs Plus500
- WiseAlpha vs easyMarkets
- WiseAlpha vs FxPro
- WiseAlpha vs SpreadEx
- WiseAlpha vs AdmiralMarkets
- WiseAlpha vs ThinkMarkets
- WiseAlpha vs HYCM
- WiseAlpha vs Axitrader
- WiseAlpha vs ForexMart
- WiseAlpha vs Eightcap
- WiseAlpha vs ForTrade
- WiseAlpha vs PhoenixMarkets
- WiseAlpha vs ETFinance
- WiseAlpha vs EZINVEST
- WiseAlpha vs FXPrimus
- WiseAlpha vs InteractiveBrokers
- WiseAlpha vs LondonCapitalGroup
- WiseAlpha vs Forex.com
WiseAlpha review
WISEALPHA Frequently Asked Questions
Read our detailed WiseAlpha FAQ Section updated for 2022.
Can I try WiseAlpha?
WiseAlpha offer a demo account so you can try the WiseAlpha platform with virtual trading before you put down a payment. Virtual trading with WiseAlpha is zero risk. Learn more here
What funding methods do WiseAlpha accept?
Please note that the list of payment methods below depend on the WiseAlpha Entity and the Clients Country of Residence.
WiseAlpha offer the following funding payment methods WiseAlpha, Credit cards, Skrill, Neteller, among other payment methods.
Learn more here
Is WiseAlpha safe?
WiseAlpha are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to WiseAlpha accounts by traders are held in a segregated bank account. For added security WiseAlpha 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 WiseAlpha trading good?
WiseAlpha is considered good and reputable to trade with WiseAlpha. WiseAlpha is used by over 10,000 traders and WiseAlpha users. WiseAlpha offers Forex trading, Spread Betting trading, and trading. Minimum deposit with WiseAlpha is 0.
Is WiseAlpha trading Legit?
WiseAlpha was founded in UK in 2008. WiseAlpha has been facilitating trade on the financial markets for over 14 years. WiseAlpha offers clients Forex trading, Spread Betting trading, and trading. All funds deposited to WiseAlpha are held in segregated bank accounts for security. WiseAlpha is regulated by Financial Conduct Authority (FCA) so can be considered legit.
Is WiseAlpha a good broker?
WiseAlpha is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker. WiseAlpha allows Forex trading, Spread Betting trading, and trading.
Is WiseAlpha trustworthy broker?
WiseAlpha can be considered trustworthy. All money funded to WiseAlpha is placed into a segregated bank account. this means your money in not held by WiseAlpha directly. The broker has no direct access to your funds so cannot misappropriate your money. Also WiseAlpha is regulated by Financial Conduct Authority (FCA).
What is the minimum deposit for WiseAlpha?
The minimum deposit to trade with WiseAlpha is 0.
How long do WiseAlpha withdrawals take?
Withdrawing money from WiseAlpha processing time varies depending on the method but averages 2-5 days.
Is WiseAlpha regulated?
WiseAlpha is regulated by the Financial Conduct Authority (FCA). Regulatory bodies conduct regular reviews and audits as part of WiseAlpha maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is WiseAlpha a market maker?
WiseAlpha 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 WiseAlpha?
When opening a trading account with WiseAlpha, 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 WiseAlpha trading platforms here.
Is my money safe with WiseAlpha?
WiseAlpha is regulated by the Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like WiseAlpha 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 are highly unlikely to manipulate market prices due to the regulations imposed. When you send in a withdrawal request to WiseAlpha, this will be honored.
If they violate any regulatory rules their regulated status can be stripped.
Is WiseAlpha a con?
WiseAlpha is regulated and well established having been in business for over 14 years. WiseAlpha is not a con.
Can you make money with WiseAlpha?
Although traders have had great success with WiseAlpha. Trading on the financial markets with WiseAlpha 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 WiseAlpha have fees?
WiseAlpha withdrawal fees varies on payment method.WiseAlpha does charge a fee for inactive accounts. WiseAlpha does charge deposit fees.
When was WiseAlpha founded?
WiseAlpha was founded in 2008.
How many people use WiseAlpha?
WiseAlpha is used by over 10,000 registered WiseAlpha users.
What is WiseAlpha Headquarters country?
WiseAlpha has its head quarters office in UK .
Does WiseAlpha offer negative balance protection?
WiseAlpha does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.
Does WiseAlpha offer guaranteed stop loss?
WiseAlpha 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 WiseAlpha allow scalping?
WiseAlpha does not offer scalping.
Does WiseAlpha allow hedging?
WiseAlpha does not offer hedging.
Does WiseAlpha offer CFD trading?
WiseAlpha does not offer CFD trading.
Does WiseAlpha offer STP?
WiseAlpha does not offer STP trading.
How many people use WiseAlpha?
WiseAlpha is used by over 10000 WiseAlpha users and traders.
Is WiseAlpha an ECN broker?
WiseAlpha does not offer ECN trading.
Does WiseAlpha offer a demo account?
WiseAlpha offers a demo account.
Does WiseAlpha offer an Islamic account?
WiseAlpha offers an Islamic account.
What are the funding methods for WiseAlpha?
Please note that funding methods and funding options available with WiseAlpha can be found in the WiseAlpha Members area and depend on the WiseAlpha client’s country of residence. Please check your specific available payment methods on the WiseAlpha website. WiseAlpha accept the following funding methods : WiseAlpha,Credit cards, Skrill, Neteller.