Of course, you can. Like most brokers, Wonderinterest Trading allows clients and potential clients to try trading with a Demo account.
Yes. WonderInterest Trading Ltd is a Cyprus Investment Firm (CIF) supervised and regulated by the Cyprus Securities and Exchange Commission (CYSEC). You can find more details in License & Regulation.
You can choose from our CFD products (Forex, stocks, commodities, indices) or trade Physical shares.
To register, you will need an identity document (passport or ID card) and a document confirming your home address (bank statement, electricity bill, internet, etc.). The document must contain the name, address, the logo of the exhibitor and date of issue (not older than 6 months). The copy must be fully legible and have all corners visible. The screenshot is not enough. Of course, all sensitive data can be obscured.
You can upload both documents by filling out the registration form or email them to our Support team later. We are required to demand the documents for each registration, to comply with the license rules.
Registration form is available here.
The minimum deposit required for trading with Wonderinterest Trading Ltd is 1000 EUR.
It is possible to deposit funds after logging in to the client zone in your trading account via a payment card or bank transfer from your personal account.
Withdrawal of funds is possible after logging in to the client zone. Funds will be returned to you via bank transfer and credited to your current personal account.
This option is not possible. In accordance with the anti-money laundering policy, the company may not accept deposits or withdrawals from third parties or send them to third parties. Deposits can only be credited to the client's bank account, which is the owner of the trading account.
Wonderinterest Trading Ltd does not charge any fees for deposits or withdrawals from the trading account. However, there may be fees for payments and transfers from third parties, which will be borne by the client and the company will deduct the relevant amount from his account.
Wonderinterest Trading Ltd offers two trading platforms. You can choose either XOH Trader or MetaTrader 5. They are both on our website in the Trading Platforms section, where you can also download them. If you want to have your investments under constant control, even when you are not behind the computer, you can download the mobile app to your smartphone and trade on the move.
No, downloading a trading platform is absolutely for free.
Demo account is called a trial account. It can be used to trade "virtual funds". Used by traders to test skills and knowledge, test platform, and then move on to opening a Real Trading Account, where the trader invests real funds and starts trading "live".
Cyprus Securities and Exchange Commission (CySEC) - this is the financial regulatory department in Cyprus, but as one of the members of the European Union, it has a duty to monitor compliance with EU directives and business rules.
Retail clients use the highest possible form of protection in trading. According to the regulation, you can use trading leverage in the EU for a maximum of 1:30, while the leverage varies depending on individual trading instruments.
Professional client already has the necessary experience and knowledge in the financial markets and the expertise to make their own business decisions and be able to properly assess the risk they might bring.
Alerts the client to the fact that the size of the deposit in his trading account has dropped to the required margin value. Upon reaching the Margin Call level, it is not possible for the client to open additional trading positions that would increase its market exposure. To increase free margin and release funds, it is necessary to deposit additional funds into the trading account or close one of the open trading positions.
The fee charged for holding a trading position overnight is expressed in points or percentages and is directly proportional to the size of the trading position.
It is a person, i.e., a stockbroker (participant in securities trading) or a legal entity (trading company), which acts as an intermediary between the client and the financial market based on a license from the local national bank. In practice, this means that it receives instructions from the client to buy and sell trading instruments and implements them in the financial market.
By purchasing the company's physical shares, you become a shareholder and acquire the right to participate in the distribution of the company's profit paid in the form of dividends. At the same time, you acquire voting rights, the weight of which depends on the number of shares owned. In the event of the company's bankruptcy, you have the right to a liquidation balance. Since in CFD contracts the trader does not buy the underlying asset, but "speculates" on the difference between the purchase and sale price, he does not have the rights of a shareholder, i.e., the holder of physical shares. However, you will be paid out dividends if you meet the criteria.