Score
Belize
|
2-5 years
| https://waldoracompany.com/
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
Belize
waldoracompany.com Germany
VIP is not activated.
| Waldora Limited Review Summary | |
| Registered On | 2021-04-22 |
| Registered Country/Region | Belize |
| Regulation | Unregulated |
| Market Instruments | Forex, ETF, Stocks, Indices, Metals, Commodities, and Cryptocurrency |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | / |
| Trading Platform | / |
| Min Deposit | $500 |
| Customer Support | Facebook, YouTube |
Waldora Limited (W Financial Technology Products Company) is a multinational financial group focusing on financial technology, with its business covering multiple markets such as foreign exchange, ETFs, stocks, commodities, and cryptocurrencies.
| Pros | Cons |
| Multiple trading instruments | Unregulated |
| Leverage up to 1:1000 | Unclear fees |
| No information about trading platforms |
Waldora Limited is unregulated, and regulatory qualification is an important reference basis for judging the safety of a company.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ✔ |
| Indices | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
| Stop Out level, % | 0% |
| FX | 500+ currency pairs |
| Orders max. | 100 |
| Min. deposit | 500 USD |
| Currency of deposit | USD |
| Max. Volume, lots | 100 |
| Leverage | 1:1000 |
| Commissions | Forex 5 USD, Commodity 5 USD |
| Margin call level, % | 80% |
| CFD | More than 4000+ CFDs in American, Russian, European, and Asian stocks |
Based on the information available, Waldora Limited does not clearly disclose all potential fees, such as deposit or withdrawal fees. This lack of transparency makes me wonder if there might be hidden fees that I would only discover after signing up.
Yes, there are benefits, like the wide range of instruments available for trading, including forex, stocks, and cryptocurrencies. The high leverage of up to 1:1000 could be attractive to traders who are comfortable with risk. However, these benefits need to be weighed against the risks of using an unregulated broker.
Waldora Limited is unregulated, which means it doesn’t fall under the scrutiny of any financial authority. This raises a red flag for me, as it’s important to have regulatory oversight to ensure the safety of my funds. Personally, I would advise being cautious when using an unregulated broker.
There is no mention of an Islamic account option. If having an Islamic account is important to me, I would need to clarify this directly with the broker before making any decisions.
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