WIT Invest Guide – Read our In-Depth WIT Invest Review
This WIT Invest review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this WIT Invest review does not apply to US users.
If you are a new entrant in the realm of trading and brokerage, so many details will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll get adept at all of the concepts of brokerage since you continue trading. For starters, you need to select the right broker who will be clear with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program will create hefty returns. WIT Invest is one such stage which will take you and your investment into great heights. It's important that you know all about WIT Invest before you trust them with your money.
Our full WIT Invest Review covers everything you need to learn about trading using WIT Invest. A good broker can multiply your first investments and give you positive profits. If you would like to earn profits, you should trade with a broker service that aligns with your investment objectives.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully assess your agent before you select them. It's a common misconception that all brokers are the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
WIT Invest is a broker that has forged its way successfully to the brokerage world. Within this review, we've tried to collate a number of the vital facets of WIT Invest. This review can help you to understand whether WIT Invest is a fantastic fit for your own investments or not. We have attempted to breakdown all the features and fees for your convenience.
WIT Invest Review, Table Of Contents
- Who are WIT Invest?
- Benefits Of Trading With WIT Invest
- Everything you should know about trading with WIT Invest
- Is WIT Invest Safe To Trade With?
- Pro's & Con's Of Trading With WIT Invest?
- Compare Brokers Similar To WIT Invest
- Regulation And Licencing In More Detail
- WIT Invest Awards
- Minimum Deposit Required For A Live Account With WIT Invest
- WIT Invest Commission And Fees Explained
- Compare broker fees against WIT Invest
- WIT Invest Withdrawal Fees Explained
- WIT Invest Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With WIT Invest?
- Alternatives To WIT Invest
- Frequently Asked Questions About WIT Invest
Who are WIT Invest?
WIT Invest is a forex broker headquartered in Saint Vincent and the Grenadines and provides a range of instruments for online trading. Since its inception in 2008, WIT Invest has emerged as a top-tier player in the industry of online broker. WIT Invest has an extremely aggressive and full-featured trading site that is focused on currency, indices, metals, sharesand commodities.
Over the past 13 years, WIT Invest has grown into one of the leading online brokers.
After launching in 2008, their client base is becoming as large as 10,000+ clients.
WIT Invest is the favorite for many dealers.. Our WIT Invest review found that they are an excellent choice for automated trading options. It's best suited for investors who are looking for an assortment of assets. Social and automated trading options are the core at WIT Invest.
Technology plays a significant role in WIT Invest. WIT Invest features trading on Desktop, Tablet & Mobile apps,Mac. WIT Invest is fair, transparent, and a well-regulated broker by the Unregulated. Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also supply in-house research.
The trader resource section at WIT Invest is quite enlightening for new traders as it permits them to get a closer look at the financial markets. WIT Invest caters to all types of traders and are a must-have broker for almost any well-diversified approach to online trading.
If you feel that WIT Invest is not right for you then at the bottom of this WIT Invest review you wil find a lot of alternatives to WIT Invest.
Everything you ought to know about trading using WIT Invest
WIT Invest is a lively platform that offers various methods of trading online. These tools cover the monetary markets substantially. The Majority of the broker platforms provide fewer methods than WIT Invest
If you wish to trade with WIT Invest, you'll require a minimum deposit of $100. This deposit is mandatory if you would like to begin trading with WIT Invest. This 2021 WIT Invest review will direct you clearly about trading with them.
WIT Invest is as versatile as another brokerage platform. WIT Invest is great for traders that want a manageable assortment of low-cost services. The platforms supplied by WIT Invest are third party, white-label offerings. All traders may pick out of Desktop, Tablet & Mobile apps,Mac.
Along with everything, WIT Invest has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a trade must be kept available. The agents offer premium client service that rewards customers with advantages.
Many unethical brokers try to pressurise consumers into larger financing for superior services. WIT Invest, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the more advantages will come along.
WIT Invest accounts are available around the world and provides outstanding service wherever they have clients. There are only a select few countries where WIT Invest accounts are not available. Traders in the following countries cannot open or use a WIT Invest account:
Is WIT Invest Safe To Trade With?
Launched in 2008, WIT Invest has been operating for 13 years, they have a head office in Saint Vincent and the Grenadines.
WIT Invest is regulated by Unregulated. These figures have rules that ensure that trading platforms have measures in place to keep investor's resources secured. This usually means that WIT Invest users don't need to worry about their money since it is segregated and safely kept in banks that are established. SSL encryption simplifies each user's private information also.
You are able to make use of a choice for Two Factor Authentications (2FA) with WIT Invest for increased safety. An SMS for the confirmation code will be sent to a mobile phone. You will be asked to input this code to log in to your account.
Another concern with fiscal brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for users on these platforms. However, this is more widespread in the example of Market Maker brokers who compete with customers on the stage.
Pro's & Con's Of Trading With WIT Invest
Every online trading platform will have a few ups and downs, and no WIT Invest review would be complete without having a balanced approach. This WIT Invest review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
WIT Invest Pro's
- WIT Invest is trusted by 10,000+ clients
- WIT Invest doesn't charge inactivity fees
- WIT Invest doesn't charge deposit fees
- WIT Invest doesn't charge CFD fees
- WIT Invest offer trading on Desktop, Tablet & Mobile apps,Mac
- WIT Invest offer 259 trading instruments
- WIT Invest trades major forex pairs
- WIT Invest can communicate in
WIT Invest Con's
- WIT Invest does not offer Negative Balance Protection
- WIT Invest does not offer Guaranteed Stop Loss
- WIT Invest charge withdrawal fees
- WIT Invest doesn't trade minor forex pairs
- WIT Invest doesn't trade exotic forex pairs
- WIT Invest doesn't offer trading on cryptocurrencies
WIT Invest Review - Compare Brokers Similar To WIT Invest
|WIT Invest||VTB 24 Bank||BCS Forex||Binary Mate|
|Headquarters||Saint Vincent and the Grenadines||Russia||Cyprus||Malaysia|
|Regulated By||Unregulated||Unregulated||Cyprus Securities and Exchange Commission (CySEC)||Cyprus Securities and Exchange Commission (CySEC)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk|
WIT Invest Review - Regulation And Licencing In More Detail
WIT Invest is regulated by Unregulated.
WIT Invest, as a company, has a strong set of rules for ensuring honest trading on its platform. For information encryption functions, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer data is to not be shared with some other institutions or individuals. Including credit history and other financial information.
WIT Invest Review - Awards
- At the time of writing this WIT Invest review, they had not received any awards.
WIT Invest Review - Minimum Deposit Required
The minimum deposit you must deposit to begin on WIT Invest is $100. This is an adequate amount for people just starting out. You can make more advanced deposits as you go along. But, ensure you know how to make the most of your money before investing larger sums.
WIT Invest Review - Commission And Fees Explained
WIT Invest is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the number of clients they have.
But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three different types of fees for this purpose.
The first sort of fees to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In such cases, you are paying a spread, funding rate, or even a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are those who are charged when you hold a leveraged position for more than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, WIT Invest does not charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who often trade, such as daily or weekly trading.
But, non-trading fees billed by WIT Invest are relatively competitive. As a result, you are charged more for non-trading actions on your trading accounts, like withdrawal and deposits. These aren't related to the purchase and sale of assets.
This WIT Invest review breaks down each of the applicable non-trading charges for you in detail.
Compare broker fees against WIT Invest
|WIT Invest||VTB 24 Bank||BCS Forex||Binary Mate|
WIT Invest Review - Withdrawal Fees Explained
WIT Invest charges a withdrawal fee if you create a bank transfer. Every time you transfer money into your bank account, these withdrawal charges become applicable.
Withdrawal of money is possible at any time from your WIT Invest account. You can withdraw sums up to the sum of your account balance, keeping aside the perimeter used. 1 thing to remember is that you don't necessarily have to have any cash in your accounts.
Moreover, the withdrawn money will be transferred directly to the accounts you use to make deposits. Thus, in the event that you used a credit card for deposits, the withdrawn cash is going to be sent to the card. WIT Invest will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you are choosing to draw in.
WIT Invest Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of the buzzing questions which run through your mind while open an account with WIT Invest. An inactivity fee is an amount charged to registered dealers that haven't participated in buying or selling for a while. The period considered inactive is decided by the broker.
The inactivity fee differs from one agent to another and isn't generalized. If a traders account does not have a buying or selling trade, it is claimed by the broker as an inactivity charge. The traders need to pay this commission under terms and conditions they had agreed while enrolling.
WIT Invest doesn't charge inactivity fees so you are free to use your account as needed
Even if no charges are implied by WIT Invest, it is best for you to close the account if you are inactive. Inactivity fees are not only charged by broker companies but also many financial services.
For other trading platforms, the inactivity fee is contingent upon the type of account you've selected. The inactivity fee is exposed to many circumstances and should be revealed clearly by the broker beforehand.
WIT Invest Review - Deposit Fees Explained
When you move money into your trading account by the bank account, a deposit fee can be billed by the broker. Most agents do not charge an excessive amount of money for this operation.
WIT Invest doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the WIT Invest trading platform is easy. You just need to finish a single-user profile survey to start depositing money into your trading account. You will have to give an identity evidence and evidence of residency to deposit large sums.
WIT Invest Review - Compare Broker Deposit Methods
|WIT Invest||VTB 24 Bank||BCS Forex||Binary Mate|
What Can You trade With WIT Invest?
Note: WIT Invest provides many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can differ based on the country of residence of the client.
WIT Invest has a wide variety of over 259 instruments available for you to trade with.
If trading currency pairs is of interest to you then WIT Invest offer over forex pairs.
Compare WIT Invest, VTB 24 Bank, BCS Forex & Binary Mate below.
Alternatives To WIT Invest
If, after studying this WIT Invest review, WIT Invest does not quite fulfill your requirements check out these WIT Invest alternatives.
We have scoured the web to find the best alternatives to WIT Invest. Click the hyperlinks below to learn more.
Frequently Asked Questions about WIT Invest
Can I try WIT Invest before I buy?
Yes, you can most certainly try WIT Invest before you buy. WIT Invest offers demo accounts for the convenience of beginner traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you register for a demo account on WIT Invest, you may set out using a decent amount of virtual currency. It's to establish a sense of safety and confidence in you before you choose to invest your own money.
With this virtual WIT Investdemo account, you can experiment at all, to whatever period you wish. You can also open positions, test different trading strategies, and much more.
WIT Invest specifies on its official website which you are able to exchange real time stocks in a demo account.
Is WIT Invest safe?
You can drop all your worries since we believe that WIT Invest is totally safe to use. It is in compliance with all the principles of Unregulated.
Even so, WIT Invest doesn't provide assured stop-loss protection.
Why does WIT Invest ask for my passport?
The reason that WIT Invest asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, WIT Invest has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, WIT Invest must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with WIT Invest?
The process to start trading withWIT Invest is perhaps simple enough to be a cakewalk. You need to begin by signing up on the WIT Invest website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with WIT Invest is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with WIT Invest.
The best way to kickstart your trading career with WIT Invest is to open a demo account facility before risking any real money
What funding methods do WIT Invest accept?
There are multiple methods to fund your accounts with WIT Invest. The process is effortless and quick, with various payment methods at your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to keep in mind that PayPal is not available in all country. The monies WIT Invest
Is my money safe with WIT Invest?
Yes, your cash is safe and protected with WIT Invest. As you know, WIT Invest works with good conformation to. It's established plenty of steps to protect all its investors.
WIT Invest safeguards its customers' personal and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you wish to further safeguard your account, you can enable Two-Step Verification also. It requires an SMS confirmation for you to get your accounts.
Is WIT Invest trading good?
Yes, trading via WIT Invest is a nice and good experience indeed. It's an excellent and intuitive platform with useful features for your simplicity. Moreover, you can even obtain access to a vast collection of educational resources and assistive substance to kickstart your trading expertise.
If you are still skeptical, you can open a eToro demo account and assess the trustworthiness of the platform on your own.
Which Countries does WIT Invest support?
WIT Invest operates across the world. However, due to regulations there are some countries that WIT Invest cannot accept clients resident in
Is WIT Invest legit?
WIT Invest is a legit company headquarted in Saint Vincent and the Grenadines since 2008. They are regulated by Unregulated. WIT Invest is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is WIT Invest a good broker?
WIT Invest is a great broker, and its own users can vouch for it. The highlight of this platform is its quick order execution on transactions.
You'll discover the clean design of the platform and the commendable features that a pleasure to work with.
Is WIT Invest a trustworthy broker?
Yes, WIT Invest is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for WIT Invest?
The minimum deposit to open a live account with WIT Invest is $100
How long do WIT Invest withdrawals take?
Normally, withdrawal of money from WIT Invest is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from WIT Invest to show in your bank account.
Are WIT Invest regulated?
WIT Invest are regulated by Unregulated
Is WIT Invest a market leading broker?
WIT Invest is indisputably one of the industry leaders. It has over 10,000+ registered customers and over 13 years of experience on its own record. They're one of the world's leading trading platforms and a dominant figure in the Fintech revolution.
It simplifies this standing to its incredible platform and wide selection of resources plus tools so that you may put money into capital markets.
Is WIT Invest a con?
No, WIT Invest is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that WIT Invest is not a scam.
Can you make money with WIT Invest?
Through WIT Invest, many traders earn a lot of money. However, typically, through consistent trading, you also can create between 2% - 10% profit a month.
This may seem like a small number, but over the entire year, this adds to a significant number of gains. Even though WIT Invest supply you all of the tools to make money, they can't guarantee you will gain.
Does WIT Invest have fees?
Yes. To begin trading with WIT Invest, you need to deposit $100. Certain commissions while trading also applies. Any processing fees from your bank will have to be incurred by you.
When was WIT Invest founded?
WIT Invest was founded in 2008 in Saint Vincent and the Grenadines. WIT Invest is regulated by Unregulated.
How many people use WIT Invest?
WIT Invest is a worldwide recognised agent with 10,000+ customers.
Where is the WIT Invest head office?
WIT Invest has its head office in Saint Vincent and the Grenadines
Does WIT Invest offer negative balance protection?
No. WIT Invest doesn't offer negative balance protection. If your balance is negative, WIT Invest indicates that you promptly contact customer services. For this, you can correct any imbalances within your own account.
Does WIT Invest offer guaranteed stop loss?WIT Invest regrettably, does not provide guaranteed stop loss. WIT Invest gives an opportunity for its traders to close their trades at their given price. Aside from this, WIT Invest does not offer guaranteed stop loss.
Does WIT Invest allow scalping?Yes, WIT Invest do allow scalping. Several traders across the world select WIT Invest due to their scalping services. They offer trading on Desktop, Tablet & Mobile apps,Mac which allow this.
Does WIT Invest allow hedging?
Yes, WIT Invest does allow hedging.
Can you trade energies with WIT Invest?
Yes, you can trade energy stocks with WIT Invest
Can you trade agricultural shares with WIT Invest?
Yes, you can trade agricultural stocks with WIT Invest
Can you trade cryptocurrency with WIT Invest?
No, unfortunately you cannot trade cryptocurrency with WIT Invest
Can you trade metals with WIT Invest?
Yes, you can trade metals with WIT Invest
Can you trade UK Shares with WIT Invest?
Yes, you can trade UK shares with WIT Invest
Can you trade US Shares with WIT Invest?
No, unfortunately you cannot trade US shares with WIT Invest
Can you trade Japanese Shares with WIT Invest?
No, unfortunately you cannot trade Japanese shares with WIT Invest
Can you trade German Shares with WIT Invest?
Yes, you can trade German shares with WIT Invest
Does WIT Invest accept bank transfers?
No, WIT Invest does not accept bank transfers.
Does WIT Invest accept credit cards?
No, WIT Invest does not accept credit cards.
Does WIT Invest accept PayPal?
No, WIT Invest does not accept PayPal.
Does WIT Invest accept Skrill?
No, WIT Invest does not accept Skrill.
Does WIT Invest accept Payoneer?
No, WIT Invest does not accept Payoneer.
Does WIT Invest accept Neteller?
No, WIT Invest does not accept Neteller.
Does WIT Invest offer Live Chat customer support?
No, WIT Invest does not offer customer support through live chat.
Does WIT Invest offer phone customer support?
No, WIT Invest does not offer customer support over the telephone.
Does WIT Invest offer email customer support?
No, WIT Invest does not offer customer support through email.
What languages can WIT Invest communicate in?
WIT Invest has the ability to communicate and support customers who speak:
Does WIT Invest have a wikipedia page?
No, WIT Invest does not have an official wikipedia page.
Does WIT Invest offer demo accounts?
Yes, WIT Invest offers demo accounts so you can learn their systems before risking any real money.