WiseAlpha Review for 2019

WiseAlpha Rated 3/5
WiseAlpha have a low rating. We recommend you look at one of their alternative brokers.
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WiseAlpha Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of WiseAlpha we break down the pros and cons. What WiseAlpha are able to offer, what countries WiseAlpha are available in. Who WiseAlpha are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with WiseAlpha

  • Regulated by: Financial Conduct Authority
  • Headquarters Country : UK
  • Foundation year
  • Min Deposit Fee : No minimum deposit.
  • Used by over 10,000 traders
  • WiseAlpha is not available in the following countries :
Open WiseAlpha's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to WiseAlpha

With this review we hope to help you see if WiseAlpha is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding WiseAlpha that will help you get off to a good start in the world of online trading.

WiseAlpha Review Table of Contents

WiseAlpha what you should know

WiseAlpha offer three ways to trade: Forex trading, Spread Betting, .

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 , and in operation for 2019 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 regulatory bodies.

Regulated brokers will not manipulate market prices. 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.

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.

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

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about WiseAlpha

  • Used by over 10,000 traders
  • Established in
  • Regulated by Financial Conduct Authority
  • Min. deposit from $0

What we don't like about WiseAlpha

WiseAlpha General Fees

  • WiseAlpha withdrawal fees varies on payment method
  • WiseAlpha does charge inactivity fees

WiseAlpha Commissions

  • WiseAlpha does charge commission on CFD shares.

What can you trade with WiseAlpha?

You can trade a wide variety of instruments with WiseAlpha over 258 instruments infact.

If you are looking at trading currency pairs WiseAlpha offer over currency pairs.

Compare WiseAlpha with eToro and XTB below.

Your capital is at risk

FX / Currencies wisealpha eToro XTB
Forex pairs offered 50 50
Major forex pairs No Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs No Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs WiseAlpha eToro XTB
Commodities offered 0 21
Metals No Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs WiseAlpha eToro XTB
Stocks offered 957 1696
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
wisealpha
Instruments
eToro
Instruments
XTB
Instruments

Trading on WiseAlpha web platforms and other applications

WiseAlpha offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

An 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 platforms

WiseAlpha Trading benefits :

  • Low min deposit

WiseAlpha Trading Accounts Offered :

  • Demo account
  • Standard account
  • Islamic account

Can I try WiseAlpha before I buy?

WiseAlpha offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do WiseAlpha accept?

WiseAlpha offer the below funding payment methods. learn more about WiseAlpha

  • Credit cards
  • Skrill
  • Neteller

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.

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 trader, accounts and instruments.

Education resources at WiseAlpha

To trade effectively with WiseAlpha, it's important to get a have a good understanding of the XTB trading tools and the markets.

WiseAlpha offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing 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.

Support at WiseAlpha

WiseAlpha support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with WiseAlpha

As WiseAlpha is regulated by Financial Conduct Authority, 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:

  • 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 10 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 their website 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.wisealpha.com/ on 12th August 2018.

WiseAlpha not quite right?

Check out these WiseAlpha Alternatives

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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.

Related WiseAlpha Comparisons

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 some indepth WiseAlpha VS pages below.

WISEALPHA Frequently Asked Questions

Can I try WiseAlpha before I buy?

WiseAlpha offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do WiseAlpha accept?

WiseAlpha offer the following funding payment methods accept Credit cards, Skrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

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 Financial Conduct Authority. 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 will not manipulate market prices. 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.