WIT Invest review
WIT Invest is a Multi-Assets Trading Platform with over 259+ Assets
WIT Invest is a multi asset platform with 259+ tradable Assets. Assets available on WIT Invest include Forex trading, CFD trading, Social trading, Share Dealing.
WIT Invest 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, CFD trading, Social trading, Share Dealing are considered financial assets.
Features of WIT Invest
- Virtual Portfolio, or what is commonly known as a Demo Account
- Social Trading available
- Copy Trading available
- WIT Invest offers Advanced Financial Chart comparison tools
- WIT Invest offers Research-backed analysis on financial markets and investments from top analysts
- The WIT Invest platform is available to use on multiple devices including Apple Mac computers, and online through a Web Browser.
- WIT Invest offers a trading platform with tools for both New Traders and Seasoned Experts
- WIT Invest users benefit from using the WIT Invest platform in over 15 different languages
WIT Invest review
What you should know
WIT Invest offer four ways to trade: Forex trading, CFD trading, Social trading, Share Dealing. The assets and products available to you on the WIT Invest trading platform depends on the region of the world, you are in and the WIT Invest entity you have an account.
With WIT Invest you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with WIT Invest platform.
WIT Invest are able to accommodate various levels of traders whether you are experienced or a beginner.
Are WIT Invest safe?
When considering WIT Invest for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as WIT Invest, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years WIT Invest have a head office in Saint Vincent and the Grenadines.
WIT Invest is not regulated. This means WIT Invest are not supervised by any regulatory bodies.
WIT Invest withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like WIT Invest are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. WIT Invest are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of WIT Invest and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. WIT Invest has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, WIT Invest will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like WIT Invest, you can enjoy peace of mind and focus on your trading activities.
Your capital is at risk
Is my money safe with WIT Invest?
All payments made to WIT Invest by traders are securely held in a segregated bank account.
WIT Invest uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should WIT Invest use them?
WIT Invest partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their WIT Invest clients' funds.
WIT Invest clients can have greater confidence in their financial security when working with a Tier 1 bank because WIT Invest are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in WIT Invest deposited in a Tier 1 bank?
Depositing funds with WIT Invest ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if WIT Invest were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that WIT Invest is a secure and safe platform.
Please be aware that trading in financial assets with WIT Invest carries a risk of loss. WIT Invest trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
WIT Invest emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about WIT Invest, let's closely examine its features.
To better understand the WIT Invest trading platform, you can create two separate accounts - one with real money and the other a WIT Invest demo account. A WIT Invest demo account provides a risk-free environment for experimenting with the WIT Invest platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in WIT Invest trading decisions.
Open a demo account Visit WIT Invest
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How WIT Invest as a Company Compare Against Other Brokers
Broker | witinvest | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | Saint Vincent and the Grenadines | Australia | Belize | Cyprus, UK |
Regulation | Unregulated | Seychelles Financial Services Authority (FSA) (SD018) | 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 |
Used By | 10,000+ WIT Invest users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | No | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit WIT Invest | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
WIT Invest review
WIT Invest Pros and Cons
WIT Invest review
WIT Invest Regulation and Licensing in more detail
The online broker WIT Invest is not regulated by well-known bodies, although it may seem legitimate. Limited financial regulation is common for new brokers or those operating under offshore licenses to save costs. However, trading with regulated brokers is highly recommended as they may provide protection and assistance in difficult situations. If you encounter issues with WIT Invest, you may not receive adequate help or recourse.
- Unregulated
Is WIT Invest Global?
Yes, WIT Invest is global as WIT Invest is available in over 194 countries.
WIT Invest is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries WIT Invest covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. WIT Invest has a total of more than 10,000 users.
WIT Invest review
WIT Invest Fees Explained
- WIT Invest doesn't charge withdrawal fees.
- WIT Invest does charge a fee for inactive accounts.
- WIT Invest doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from WIT Invest are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
WIT Invest Costs To Check
Modern brokers like WIT Invest provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, WIT Invest may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall WIT Invest trading profitability.
How WIT Invest Fees Compare Against Other Brokers
Broker | witinvest | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 100 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | No | Yes |
WIT Invest Minimum Deposit
WIT Invest requires a minimum deposit of 100 GBP/USD/EUR when opening an WIT Invest trading account.
A minimum deposit is the minimum amount of money required by WIT Invest to open a new online brokerage account with them.
Don't be scared off by brokers like WIT Invest charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like WIT Invest, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
WIT Invest Withdrawal Fees
WIT Invest doesn't charge withdrawal fees.
WIT Invest Withdrawal rules may vary across different brokers when it comes to transferring funds from your WIT Invest or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with WIT Invest may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the WIT Invest withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from WIT Invest. Researching and comparing WIT Invest withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing WIT Invest funds frequently or dealing with large sums of money. Awareness of these WIT Invest fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your WIT Invest funds.
For example, WIT Invest allows you to withdraw your funds to Bank Transfer, Debit Cards, VISA, MasterCard, American Express, Maestro, JCB, Diners Club, Skrill, Neteller, MTC, PayPal, PayU, Qiwi, RBK Money, Web Money, Miom, Cirrus.
WIT Invest Inactivity Fees
WIT Invest does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by WIT Invest terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all WIT Invest fees and services. It's recommended that you check the WIT Invest website before signing up. If you decide to close your WIT Invest account, it's important to do so with the WIT Invest broker customer support and obtain confirmation that no remaining WIT Invest fees are due.
Brokers like WIT Invest must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
WIT Invest Deposit Fees
WIT Invest does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
WIT Invest Commission Fees
WIT Invest does charge commission on CFD instruments.
Brokerage firms like WIT Invest may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the WIT Invest trading account level held by the trader.
WIT Invest may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing WIT Invest terms and conditions to understand the commission fees and any other charges that may apply is essential.
WIT Invest review
What can you trade with WIT Invest?
It's essential to note that the trading instruments offered under the WIT Invest brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the WIT Invest trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with WIT Invest over 259 instruments in fact.
If you want to trade currency pairs on global Forex markets, WIT Invest offer over currency pairs.
WIT Invest Compared To Other Brokers
Compare WIT Invest with IC Markets and Roboforex below.
How WIT Invest Trading Options Compare Against Other Brokers
Broker | witinvest | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 259 | 2250 | 12000 | 6000 |
Platforms | Web, MT4 | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | No | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit WIT Invest
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
WIT Invest review
Trading on WIT Invest web platforms and other applications
WIT Invest offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
A WIT Invest iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
WIT Invest also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See WIT Invest's platformsIs the WIT Invest Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the WIT Invest trading platform to protect you on PC and mobile WIT Invest platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using WIT Invest web trading platforms.
WIT Invest Trading Platform Options
After logging into your WIT Invest account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
Please be aware that WIT Invest does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.
WIT Invest does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options WIT Invest gives you.
WIT Invest review
WIT Invest MetaTrader 4 (MT4)
WIT Invest MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on WIT Invest offers traders comprehensive features and tools to enhance their trading performance. The WIT Invest MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the WIT Invest platform to their needs. One of the standout features of MT4 is its charting functionality, which allows WIT Invest traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give WIT Invest traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 WIT Invest trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the WIT Invest MetaTrader 4 (MT4) trading platform. MT4 is a platform available with WIT Invest, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The WIT Invest MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. WIT Invest allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with WIT Invest in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. WIT Invest MetaTrader 4 is compatible with the latest macOS. WIT Invest allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on WIT Invest
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade WIT Invest MetaTrader 4 on iOS Devices
You can download the WIT Invest app or trade with WIT Invest through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. WIT Invest customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade WIT Invest MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and WIT Invest offers its clients access to the MetaTrader 4 platform on these devices. With the WIT Invest MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing WIT Invest traders to stay on top of their trades and react quickly to changes in the market. With the WIT Invest MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade WIT Invest MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on WIT Invest are a powerful bundle of three major indicators designed to help traders make informed decisions. WIT Invest MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help WIT Invest traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing WIT Invest traders to potentially stay one step ahead.
WIT Invest MetaTrader 4 Advanced Trading Tools
The WIT Invest MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give WIT Invest traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, WIT Invest provides traders with everything they need to succeed. The WIT Invest MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing WIT Invest traders to analyze the market at any level of complexity.
Trade WIT Invest MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
WIT Invest MetaTrader 4 AutoChartist
Autochartist on the WIT Invest platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for WIT Invest MetaTrader 4 Autochartist can scan the market using an expert advisor script.
With Autochartist, WIT Invest traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save WIT Invest users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. WIT Invest traders can navigate the platform and find the information they need to make informed trading decisions.
WIT Invest Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for WIT Invest traders of all experience levels.
WIT Invest Trading benefits
- WIT Invest Allows scalping
- WIT Invest Offers STP
- WIT Invest Low min deposit
WIT Invest Trading Accounts Offered
Below we give an overview of the account types that WIT Invest offer. Whatever you are looking to trade, the varying WIT Invest account types will be able to provide you with what you need.
- WIT Invest Demo account
- WIT Invest Standard account
- WIT Invest STP account
Can I try WIT Invest?
WIT Invest provides a demo account that enables individuals to explore trading before investing their funds. By creating a WIT Invest practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the WIT Invest demo account can help individuals to make informed decisions before investing their money.
Open a demo WIT Invest account to practice and trade.
Your capital is at risk
WIT Invest withdrawal and funding methods
It's essential to remember that the payment methods provided by WIT Invest vary based on the WIT Invest entity and the WIT Invest client's country of residence. To view the WIT Invest payment options available, you can log into your WIT Invest member's area.
WIT Invest offers various funding payment methods listed in your WIT Invest dashboard if available in your region. To learn more about the WIT Invest funding and withdrawal options available in your area, you can explore the WIT Invest website.
WIT Invest provides several payment methods for funding your WIT Invest account. You may utilize any of these deposit options if they are available in your region. WIT Invest ensures that users have multiple payment methods to choose from, making it more convenient for verified WIT Invest account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the WIT Invest user's location. learn more about WIT Invest funding and withdrawal methods.WIT Invest Payment Methods
Some WIT Invest payment methods are local and are available only to specific regions. WIT Invest account holders should check which payment methods are provided in your region.- WIT Invest accepts Bank Transfer
- WIT Invest accepts Debit Cards
- WIT Invest accepts VISA
- WIT Invest accepts MasterCard
- WIT Invest accepts American Express
- WIT Invest accepts Maestro
- WIT Invest accepts JCB
- WIT Invest accepts Diners Club
- WIT Invest accepts Skrill
- WIT Invest accepts Neteller
- WIT Invest accepts MTC
- WIT Invest accepts PayPal
- WIT Invest accepts PayU
- WIT Invest accepts Qiwi
- WIT Invest accepts RBK Money
- WIT Invest accepts Web Money
- WIT Invest accepts Miom
- WIT Invest accepts Cirrus
Broker | witinvest | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | No | Yes | No | Yes |
Paypal | Yes | Yes | No | Yes |
Skrill | Yes | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | Yes | Yes | Yes | Yes |
*please note available WIT Invest and other broker payment methods depend on the clients country of residence.
How can I start trading with WIT Invest?
To open a trading account with WIT Invest, individuals can sign up on the WIT Invest website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for WIT Invest account validation and making a deposit. Once completed, WIT Invest users can download the trading platform of their choice.
It's important to note that WIT Invest requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps WIT Invest maintain a trustworthy financial environment for its 10,000 users. Detailed information on the WIT Invest trading platforms is available on their website.
Your capital is at risk
Performing trades with WIT Invest
When using WIT Invest, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. WIT Invest have a max trade of varies. With STP execution on the WIT Invest platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.
Like other brokers, WIT Invest margin requirements can differ depending on the traded instrument.
CFD Trading on WIT Invest
We will show you an example of the basics of using WIT Invest leverage.
CFD trading on WIT Invest allows traders to speculate on the price movements of various financial instruments against the broker WIT Invest, without actually owning real assets. With CFDs, WIT Invest traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
WIT Invest provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, WIT Invest leverage profits and losses are magnified when trading. For instance, using CFDs, you use the WIT Invest trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, WIT Invest leverage magnifies both profits and losses in trading.
Trading CFD trades on the WIT Invest platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced WIT Invest traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Education Resources at WIT Invest
WIT Invest offer educational resources which include Blogs, News. Please bear in mind that these resources provided by WIT Invest do not guarantee any results when trading. When we checked on the WIT Invest website, these educational resources were not available in every language. Also some financial instruments mentioned in any WIT Invest educational resources may not be available in your region.
To trade effectively with WIT Invest, it's important to have a good understanding of the WIT Invest trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with WIT Invest and externally.
WIT Invest . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with WIT Invest. Familiarizing yourself with the WIT Invest trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using WIT Invest. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with WIT Invest involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like WIT Invest, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with WIT Invest. Explore the WIT Invest platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with WIT Invest, before live trading.
Customer Support at WIT Invest
As part of our WIT Invest review, we review customer service options, response times and problem resolution effectiveness on the WIT Invest trading platform. The WIT Invest trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
WIT Invest Available Support Types
WIT Invest have a B grade support rating because sometimes the response was slow or they didn't answer our query. WIT Invest 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 WIT Invest
Our experience with WIT Invest support was okay overall. We tested their live chat feature and received a response within 30 minutes. In addition, we communicated with their support team in multiple languages and countries, and WIT Invest successfully resolved our customer issues.
Email Support at WIT Invest
Our experience with WIT Invest email support was mixed. We sent 25 emails at varying times, and the fastest response was less than 50 minutes, but the slowest response took 2 days. However, the team successfully resolved and answered our queries. It's important to note that support response times may vary for you with WIT Invest.
Phone Support at WIT Invest
During our testing, we contacted WIT Invest by phone and were pleased with the quick response time of less than 10 minutes.
Their phone support team was able to successfully address our inquiries and concerns, and we tested their multilingual support by communicating in various languages. WIT Invest made an effort to ensure our questions were answered.
Overall, our experience with WIT Invest's phone support was average.
See how WIT Invest Support Compares Against Other Brokers
Broker | witinvest | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Support |
|
|
|
|
Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | 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 | English, German, Spanish, French, Italian |
Learn More | Visit WIT Invest | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with WIT Invest
As WIT Invest is regulated by Unregulated.
As a new client of WIT Invest, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with WIT Invest in your region. During the WIT Invest account opening process, you will be asked to provide WIT Invest with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with WIT Invest have the following documents available.
- WIT Invest require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for WIT Invest compliance. This must be dated within the last six months.
- If you plan to fund your WIT Invest account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the WIT Invest platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under WIT Invest Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring WIT Invest's platform.
However, remember that you won't be able to make trades on WIT Invest until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the WIT Invest KYC compliance process as soon as possible to avoid any delays in accessing the WIT Invest platform's features.
It is important to note that WIT Invest may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the WIT Invest platform and features immediately. However, you must pass the verification process to start live trading with WIT Invest, which can take up to a few business days.
To start the process of opening an account with WIT Invest you can visit the WIT Invest trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
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 investment advice. All information collected from https://wit-invest.com/ on November 18, 2024.
Is WIT Invest A Good Broker?
We have spent over 5 years examining WIT Invest in depth. Although we found some very useful aspects of the WIT Invest platform that would be useful to some traders. We feel that a alternative to WIT Invest may better suit you.
- WIT Invest have a good track record of offering Forex trading, CFD trading, Social trading, Share Dealing.
- WIT Invest has a history of over 16 years.
- WIT Invest has a reasonable sized customer support of at least 10.
- WIT Invest are regulated by the Unregulated. WIT Invest is subject to strict regulatory oversight from its respective jurisdiction, which holds WIT Invest (the broker) accountable for misconduct. This regulatory framework helps ensure that WIT Invest operates fairly and transparently and provides WIT Invest customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and WIT Invest.
- WIT Invest have regulation from reputable regulators.
- One of the advantages of using WIT Invest is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from WIT Invest are particularly important as WIT Invest traders want to receive their money quickly. With the efficient WIT Invest payment processing system, traders can enjoy faster access to their WIT Invest funds.
- WIT Invest have an international presence in multiple countries. Including local WIT Invest seminars and training.
- WIT Invest can hire people from various locations in the world who can better communicate in your local language.
WIT Invest Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
WIT Invest not quite right?
If after reading this WIT Invest review, WIT Invest does not fulfill your needs check out these WIT Invest Alternatives.
Click here to view the best WIT Invest Alternatives
We have spent years researching the best alternatives to WIT Invest. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective WIT Invest alternatives available today. If you are unsatisfied with WIT Invest or want to explore other options, we recommend checking out our carefully curated list of highly-rated WIT Invest alternatives. Follow the links below to learn more about these WIT Invest broker alternatives and choose the one that best suits your trading needs.
- IC Markets Review
- Roboforex Review
- eToro Review
- XTB Review
- XM Review
- Pepperstone Review
- AvaTrade Review
- FP Markets Review
- easyMarkets Review
- SpreadEx Review
- FxPro Review
- Admiral Markets Review
- ThinkMarkets Review
- FXPrimus Review
- Trading 212 Review
- ForexMart Review
- Eightcap Review
- ForTrade Review
- Interactive Brokers Review
- Forex.com Review
- IG Review
- Robinhood Review
- Coinbase Review
- Binance Review
- Oanda Review
- CMC Markets Review
- Hargreaves Lansdown Review
- Ayondo Review
Related WIT Invest Vs Comparisons
Throughout our comprehensive WIT Invest review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing WIT Invest against other popular brokers in the industry, check out our WIT Invest Vs pages. Our team has compiled a series of detailed WIT Invest comparison articles, pitting the WIT Invest platform against some of the best-rated WIT Invest competitors in the market. Dive into our informative WIT Invest Vs pages below to find out how WIT Invest stacks up against other leading brokers.
- WITInvest vs ICMarkets
- WITInvest vs Roboforex
- WITInvest vs eToro
- WITInvest vs XTB
- WITInvest vs XM
- WITInvest vs Pepperstone
- WITInvest vs AvaTrade
- WITInvest vs FPMarkets
- WITInvest vs easyMarkets
- WITInvest vs SpreadEx
- WITInvest vs FxPro
- WITInvest vs AdmiralMarkets
- WITInvest vs ThinkMarkets
- WITInvest vs FXPrimus
- WITInvest vs Trading212
- WITInvest vs ForexMart
- WITInvest vs Eightcap
- WITInvest vs ForTrade
- WITInvest vs InteractiveBrokers
- WITInvest vs Forex.com
- WITInvest vs IG
- WITInvest vs Robinhood
- WITInvest vs Coinbase
- WITInvest vs Binance
- WITInvest vs Oanda
- WITInvest vs CMCMarkets
- WITInvest vs HargreavesLansdown
- WITInvest vs Ayondo
WIT Invest review
WIT INVEST Frequently Asked Questions
Read our detailed WIT Invest FAQ Section updated for 2025.
Can I try WIT Invest?
WIT Invest offer a demo account so you can try the WIT Invest platform with virtual trading before you put down a payment. Virtual trading with WIT Invest is zero risk. Learn more here
What funding methods do WIT Invest accept?
Please note that the list of payment methods below depends on the WIT Invest Entity and the client's Country of Residence.
WIT Invest offer the following funding payment methods Bank Transfer, Debit Cards, VISA, MasterCard, American Express, Maestro, JCB, Diners Club, Skrill, Neteller, MTC, PayPal, PayU, Qiwi, RBK Money, Web Money, Miom, Cirrus, among other payment methods.
Learn more here
Is WIT Invest safe?
WIT Invest have over 10,000 users. While WIT Invest 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 WIT Invest accounts by traders are held in a segregated bank account. For added security,WIT Invest use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with WIT Invest is risky, and because the market is so volatile, losses could happen at any time. Do not invest with WIT Invest unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is WIT Invest trading good?
WIT Invest is considered good and reputable to trade with WIT Invest. WIT Invest is used by over 10,000 traders and WIT Invest users. WIT Invest offers Forex trading, CFD trading, Social trading, and Share Dealing trading. Minimum deposit with WIT Invest is 100.
Is WIT Invest trading Legit?
WIT Invest was founded in Saint Vincent and the Grenadines in 2008. WIT Invest has been facilitating trade on the financial markets for over 16 years. WIT Invest offers clients Forex trading, CFD trading, Social trading, and Share Dealing trading. All funds deposited to WIT Invest are held in segregated bank accounts for security. WIT Invest is not regulated. Although this doesn't mean WIT Invest are awful, we recommend trading with regulated brokers.
Is WIT Invest a good broker?
WIT Invest allows Forex trading, CFD trading, Social trading, and Share Dealing trading. WIT Invest is overseen by the top tier financial regulators Unregulated so can be considered a good broker.
Is WIT Invest trustworthy broker?
Despite any potential benefits associated with WIT Invest, it is important to exercise caution when considering trading with an unregulated broker. Only trade with regulated brokers who adhere to strict industry standards and regulations. A regulated broker ensures that any funds you deposit are separate from the broker's operating funds in segregated bank accounts. A well-regulated broker cannot directly access your funds, providing added security and peace of mind. Therefore, before choosing a broker like WIT Invest, check their regulatory status and ensure that money is held in a segregated account to mitigate any risks associated with unregulated trading.
What is the minimum deposit for WIT Invest?
The minimum deposit to trade with WIT Invest is 100.
How long do WIT Invest withdrawals take?
Withdrawing money from WIT Invest processing time varies depending on the method but averages 1-5 days.
Is WIT Invest regulated?
WIT Invest is not regulated by a top tier financial regulator.
Is WIT Invest a market maker?
WIT Invest is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with WIT Invest?
When opening a trading account with WIT Invest, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on WIT Invest trading platforms, you can follow the link provided below: Learn more about signing up with the WIT Invest trading platform here. This will provide useful information and insights into the various trading platforms offered by WIT Invest, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with WIT Invest?
Yes your money is safe with WIT Invest.
Overall, strict financial regulation is essential for ensuring that trading platforms like WIT Invest operate fairly, transparently, and responsibly, which ultimately benefits all WIT Invest stakeholders involved.
Trading platforms like WIT Invest must have strict financial regulation for several reasons:
- Protecting WIT Invest Investors: Strict financial regulation ensures that investors who use the WIT Invest trading platform are protected against fraudulent or unethical behavior by the WIT Invest platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the WIT Invest platform.
- Maintaining WIT Invest Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the WIT Invest trading platform. Regulatory procedures reduce the likelihood of the WIT Invest platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing WIT Invest Transparency: Regulations require trading platforms like WIT Invest to maintain detailed records and disclose WIT Invest client information. Financial regulatory requirements enhances transparency and helps to build trust between the WIT Invest platform and its investors.
WIT Invest is regulated by the Unregulated. When selecting a broker such as WIT Invest, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, WIT Invest ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like WIT Invest.
Is WIT Invest a con?
While we would not say that WIT Invest is a con. Because a top tier financial regulator does not regulate them, we would not trade with them.
Can you make money with WIT Invest?
Although traders have had great success with WIT Invest, trading on the financial markets with WIT Invest 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 WIT Invest have fees?
WIT Invest doesn't charge withdrawal fees. WIT Invest does charge a fee for inactive accounts. WIT Invest doesn't charge deposit fees.
When was WIT Invest founded?
WIT Invest was founded in 2008.
How many people use WIT Invest?
WIT Invest is used by over 10,000 registered WIT Invest users.
What is WIT Invest Headquarters country?
WIT Invest has its head quarters office in Saint Vincent and the Grenadines .
Does WIT Invest offer negative balance protection?
WIT Invest does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does WIT Invest offer guaranteed stop loss?
WIT Invest does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does WIT Invest allow scalping?
WIT Invest offers scalping.
Does WIT Invest allow hedging?
WIT Invest does not offer hedging.
Does WIT Invest offer CFD trading?
WIT Invest offers CFD trading.
Does WIT Invest offer STP?
WIT Invest offers STP trading.
How many people use WIT Invest?
WIT Invest is used by over 10000 WIT Invest users and traders.
Is WIT Invest an ECN broker?
WIT Invest does not offer ECN trading.
Does WIT Invest offer a demo account?
WIT Invest offers a demo account.
Does WIT Invest offer an Islamic account?
WIT Invest does not offer Islamic accounts.
What are the funding methods for WIT Invest?
Please note that funding methods and options available with WIT Invest can be found in the WIT Invest Members area and depend on the WIT Invest client’s country of residence. Please check your specific available payment methods on the WIT Invest website. WIT Invest accept the following funding methods : Bank Transfer, Debit Cards, VISA, MasterCard, American Express, Maestro, JCB, Diners Club, Skrill, Neteller, MTC, PayPal, PayU, Qiwi, RBK Money, Web Money, Miom, Cirrus.