WhoTrades Review 2025 (Expert Review)
WhoTrades Review Summary
WhoTrades is a high-tech service that is becoming popular all around the world. It uses advanced technology to help investors succeed in the market. The company's flagship product, the Multi Market Account service, allows investors to trade on different global exchanges, including those in the United States, Latin America, Japan, Thailand, and Europe. It promises to copy the returns of professional traders, and its various strategies enable its clients to make profits. The company's mission is to provide investors with access to the stock market, and its technology is based on proprietary technology. WhoTrades is an excellent choice for new and experienced traders. With its full-featured DMA platform, this company supports both new traders and advanced traders.
WhoTrades review
WhoTrades Platform Features
๐บ๏ธ Country of regulation | Cyprus Securities and Exchange Commission (CySEC), Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC) |
๐ฐ Trading fees | No |
๐ฐ Inactivity fee | Yes |
๐ฐ Withdrawal fee | No |
๐ฐ Minimum deposit | 100 |
๐ Time to open a WhoTrades account | 1-3 Days. *A WhoTrades demo account can be opened in a few minutes, but live WhoTrades trading account creation times will vary depending on how long it takes to process your WhoTrades KYC documents. |
๐ณ Wire Transfer | No |
๐ Depositing with electronic wallet | No |
๐ฑ Number of base currencies supported | 1 |
๐ฎ Demo account provided | Yes |
๐๏ธ Financial Instruments offered | Forex, Majors, Indices, UK Stocks, Energies, Metals, |
WhoTrades review
WhoTrades Financial Regulation
WhoTrades is regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC).
WhoTrades review
WhoTrades Pros And Cons
Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using WhoTrades include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using WhoTrades can be that the spreads offered on trading financial instruments (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.
WhoTrades review
WhoTrades Advantages
One of the main advantages of using WhoTrades is around the clock service and support as well as research offerings. Not only this, but WhoTrades has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of WhoTrades with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with WhoTrades makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. WhoTrades offers stock quotes and trade information, making it easy for users to view how their investments are doing.
- WhoTrades has been in business over 10 years.
- WhoTrades offers Stock Trading.
- WhoTrades offers Neteller as a payment method.
- WhoTrades offers Skrill as a payment method.
- WhoTrades offers ECN trading.
- WhoTrades offers a Apple Mac desktop trading platform.
- WhoTrades offers Hedging.
WhoTrades review
WhoTrades Disadvantages
Although WhoTrades has a lot of good points WhoTrades does not offer the below.
- WhoTrades does not offer Cryptocurrency Trading (See WhoTrades alternatives who offer Cryptocurrency Trading here)
- WhoTrades does not offer PayPal as a payment method (See WhoTrades alternatives who offer PayPal as a payment method here)
- WhoTrades does not offer Islamic Accounts (See WhoTrades alternatives who offer Islamic Accounts here)
- WhoTrades does not offer Bitcoin Trading (See WhoTrades alternatives who offer Bitcoin trading here)
- WhoTrades does not offer the MetaTrader 4 platform (See WhoTrades alternatives who offer the MetaTrader 4 platform here)
- WhoTrades does not offer the MetaTrader 5 platform (See WhoTrades alternatives who offer the MetaTrader 5 platform here)
- WhoTrades does not offer the cTrader platform (See WhoTrades alternatives who offer the cTrader platform here)
- WhoTrades does not offer Spread Betting (See WhoTrades alternatives who offer Spread Betting here)
- WhoTrades does not offer Scalping (See WhoTrades alternatives who offer Scalping here)
Risk Warning: Losses can exceed deposits.
WhoTrades review
Things to understand when trading with WhoTrades
Trading with WhoTrades involves risk. You should only risk capital with WhoTrades that you can afford to lose. Understand your risk tolerance with WhoTrades, and have a trading strategy that WhoTrades is able to help you execute. WhoTrades is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments WhoTrades give you access too.
WhoTrades review
WhoTrades Trading Fees
Trading fees on WhoTrades are taken in the form of the spreads WhoTrades offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on WhoTrades. WhoTrades fees vary depending on the financial instruments traded and can include, WhoTrades overnight funding fees, spreads, margins and WhoTrades inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your WhoTrades account charged by your 3rd party payment provider if your WhoTrades base currency is different from your WhoTrades withdrawal method.
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Name | WhoTrades | IC Markets | Roboforex |
Account Fees | No | No | |
Withdrawal Fees | 0.12%- 2% | No | Yes |
Deposit Fees | No | ||
Inactivity Fee | Yes | No | No |
riskwarning | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
WhoTrades review
WhoTrades Financial Instrument Fees
WhoTrades fees for Forex, Majors, Indices, UK Stocks, Energies, Metals, are listed below.
WhoTrades review
WhoTrades Stock Trading Fees
The majority of WhoTrades trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A WhoTrades stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.
WhoTrades review
WhoTrades Forex Fees
Commission on WhoTrades Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for WhoTrades Forex fees is based on their trade size. To calculate WhoTrades Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.
WhoTrades review
WhoTrades Non Trading Fees
WhoTrades non-trading fees include a variety of WhoTrades brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the WhoTrades trading platform. The most common non-trading fees include WhoTrades withdrawal fees, WhoTrades deposit fees and WhoTrades inactivity fees.
WhoTrades review
WhoTrades Deposit Fees
WhoTrades does charge deposit fees in some cases. When funding your WhoTrades account there may be some WhoTrades deposit fees which will vary depending on the payment method you use to deposit to your live WhoTrades trading account.
WhoTrades review
WhoTrades Inactivity Fees
WhoTrades does charge clients an inactivity fees for dormant WhoTrades trading accounts. A WhoTrades inactivity fee is a sum charged on WhoTrades brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.
WhoTrades review
WhoTrades Withdrawal Fees
WhoTrades does charge WhoTrades clients small withdrawal fees. Withdrawals fees vary between WhoTrades and WhoTrades alternatives depending on where you are located and how much money you are withdrawing.
WhoTrades review
WhoTrades Account Fees
WhoTrades does not charge account fees. Account fees charged differ between WhoTrades and other brokers. An account is a fee that WhoTrades and other brokers assesses on all accounts for the ability to keep an account on their platform.
WhoTrades review
WhoTrades Account Opening
The WhoTrades account registration process is simple, user-friendly, and quick. Within 1-3 Days most WhoTrades trading accounts are ready for live trades. Our WhoTrades account was validated in 1 day, but live WhoTrades trading account verification times will vary depending on the time it takes to process your KYC documents and WhoTrades trading account application. A WhoTrades demo account can be opened in a few minutes.
WhoTrades trading accounts are available in over 194 countries. WhoTrades is restricted in the following countries.
Apart from the restricted countries a WhoTrades trading account can be opened globally.
The WhoTrades trading platform is available for residents in US. Some financial instruments WhoTrades offer may be restricted in your country.
- Fast WhoTrades account opening.
- WhoTrades accounts can be opened and KYC can be verified digitally.
- WhoTrades minimum deposit is 100 USD / GBP / EURO.
- WhoTrades trading account verification may be held up for longer than a day if there is an issue with verifying your account.
WhoTrades review
WhoTrades Deposit And Withdrawal
WhoTrades Account Base Currencies
A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.
GBP, USD, EURO are supported by WhoTrades as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.
WhoTrades offers the following account GBP, USD, EURO.
When trading make sure your WhoTrades trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. WhoTrades has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.
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Name | WhoTrades | IC Markets | Roboforex |
Number Of Currencies | Yes | 10 | 4 |
Base Currencies | USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD | USD, EUR, XAU | |
riskwarning | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
WhoTrades review
WhoTrades Deposit Fees and Deposit Methods
Investors can log in to their WhoTrades trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their WhoTrades trading accounts from an existing bank account or send the funds through a wire transfer or online check.
WhoTrades Deposit Fees
Making a deposit on your WhoTrades account is free.
WhoTrades Deposit Methods
There are several methods through which you can deposit money into your WhoTrades account. One can use a credit or debit card and WhoTrades accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your WhoTrades account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your WhoTrades account. Funding methods for WhoTrades include Credit cards, Bank Transfer, Neteller, Skrill,.
WhoTrades review
WhoTrades Withdrawal Fees and Withdrawal Methods
You can withdraw cash from your WhoTrades brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open WhoTrades positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your WhoTrades account.
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Name | WhoTrades | IC Markets | Roboforex |
Funding Methods | Credit cards, Bank Transfer, Neteller, Skrill, | Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking, | Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, |
Withdrawal Fee | 0.12%- 2% | No | Yes |
Deposit Fee | Varies | Varies | No |
riskwarning | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
WhoTrades Fees When Withdrawing Your Account Balance
WhoTrades do not charge withdrawal fees. Some withdrawal fees are out of the control of WhoTrades and may be due to 3rd party payment providers and your account base currency.
WhoTrades Withdrawal Methods
Log into your WhoTrades trading account, which is connected to your bank account. Go to the section that says โfundsโ or โaccountsโ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your WhoTrades account to your bank account. To withdraw money from your WhoTrades account you can use credit or debit cards. WhoTrades processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as WhoTrades processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.
WhoTrades review
WhoTrades Trading Platforms
As there are a number of tradable financial instruments available on the WhoTrades trading platform. Before investing in the WhoTrades platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The WhoTrades platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. WhoTrades offer phone, and email support.
If you struggle with technology, you need to consider the level of support on WhoTrades is available. Another thing to consider is your financial goals. Make sure that a WhoTrades account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.
There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a WhoTrades account. Ensure that WhoTrades allows you to focus on the type of trading that you want to focus on.
Make sure WhoTrades is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using WhoTrades, think about how easy it is to use for your personal needs. Does the WhoTrades platform offer real-time updates or delayed updates that are more informed? Remember to check if WhoTrades is well regulated, and what tradeable financial instruments WhoTrades has. Security is very important when it comes to trading with WhoTrades.
WhoTrades Web Trading Platform
A WhoTrades web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through WhoTrades which acts as a financial intermediary. WhoTrades is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.
Mobile Trading Platform
Both Android and iOS devices are supported by the WhoTrades mobile trading platform.
WhoTrades Apple IOS Trading Platform
A WhoTrades iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.
WhoTrades Google Play Android Trading Platform
A WhoTrades Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.
WhoTrades review
WhoTrades Mobile Trading User Experience
WhoTrades mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. WhoTrades mobile trading refers to trading using a mobile phone.
Leading brokerages like WhoTrades offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire WhoTrades portfolio. All an investor needs is a Web-enabled smartphone and a trading account with WhoTrades. Once you have download the WhoTrades trading app, you are ready to begin.
WhoTrades review
WhoTrades Desktop Computer Trading Platform
A WhoTrades computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The WhoTrades desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The WhoTrades desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.
WhoTrades PC Trading Platform
One needs a computer with high performing hardware if their plan is to be a full time trader using WhoTrades. A trading computer with access to a WhoTrades PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.
WhoTrades Apple Mac Trading Platform
Apple Macs and MacBooks can easily handle the most important requirements when using the WhoTrades trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the WhoTrades trading platform is very user friendly on a Mac device.
WhoTrades review
WhoTrades Trading Look And Feel
The WhoTrades user interface (UI) is what WhoTrades traders will see and interact with first when trading with the WhoTrades trading platform. The WhoTrades is well designed. The goal of the WhoTrades trading UI is to make the WhoTrades user's experience intuitive. The WhoTrades application has good user experience and a good level of customer satisfaction.
WhoTrades Security
WhoTrades is a secure trading platform. WhoTrades offers traders security via 2 factor authentication, SSL encription when trading with WhoTrades. WhoTrades trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with WhoTrades. Rate limitation on WhoTrades suspicious account activities is another layer of protection that is provided for WhoTrades trading accounts, for example multiple failed login attempts with WhoTrades. You have the option to further safeguard your account by using WhoTrades Two-Factor Authentication (2FA), which provides an extra layer of security.
The WhoTrades trading infrastructure is constantly watched and guarded by a trained team at WhoTrades In addition, WhoTrades never send sensitive information without first encrypting on the WhoTrades trading platform using transport layer security (TLS) and SSL.
WhoTrades review
Placing A Buy Or Sell Order On WhoTrades
Available WhoTrades order types. # market, limit, stop, stop limit, Good until end of day / canceled.
WhoTrades Market Order
A WhoTrades market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. WhoTrades market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. WhoTrades market orders are popular as they are a fast and reliable method of either entering or exiting a trade.
WhoTrades Limit Order
A WhoTrades limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.
WhoTrades Stop Order
A WhoTrades stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.
WhoTrades Stop Limit Order
A WhoTrades stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The WhoTrades stop-limit order triggers a limit order when a stock price hits the stop level. A WhoTrades stop-limit order can be helpful when trading if you are unable to watch your trades all day.
WhoTrades review
WhoTrades Alerts And Notifications
Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.
WhoTrades review
WhoTrades Trading Platform Features
Online trading platforms like WhoTrades are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with WhoTrades. The WhoTrades trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using WhoTrades.
WhoTrades Margin Trading
WhoTrades margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, WhoTrades margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.
WhoTrades review
WhoTrades Account Types
WhoTrades Demo Account
WhoTrades offers demo accounts that gives traders the ability to purchase and sell WhoTrades financial instruments in a practice environment, using fake WhoTrades digital money and live market conditions and data. When you practise on a WhoTrades demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the WhoTrades platform. WhoTrades demo accounts allow you to experience and practice a variety of market charts, WhoTrades trading indicators, and trading strategies using WhoTrades.
WhoTrades Standard Account
WhoTrades offers a standard trading account, allowing WhoTrades traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich WhoTrades trading platform.
WhoTrades ECN Account
A WhoTrades ECN (Electronic Communications Network) account is a pure order-matching execution system, where WhoTrades, as a provider, charges a commission per WhoTrades trade instead of inflating the spread, occurring more naturally within the WhoTrades order-matching process. A WhoTrades ECN is a financial intermediary that uses electronic communications networks to give WhoTrades clients direct access to other participants in equity and currency markets. As an ECN broker, WhoTrades only matches WhoTrades trades between other market participants; it cannot trade against the WhoTrades client.
WhoTrades review
WhoTrades Tradable Financial Instruments
WhoTrades tradable financial instruments are the financial instruments that are specifically available to trade on the WhoTrades trading platform. This refers to the different types of financial markets you can trade with through WhoTrades. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on WhoTrades.
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Name | WhoTrades | IC Markets | Roboforex |
CFD Trading | Yes | Yes | |
Stock Markets | 100 | 2100 | 53 |
ETFs | No | ||
Fractional Shares | No | Yes | |
Cryptocurrencies | No | Yes | No |
riskwarning | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
WhoTrades review
WhoTrades Trading Stocks
Stock trading with WhoTrades is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with WhoTrades; if you possess the stock on WhoTrades, you own a piece of the corporation and may be entitled to voting rights where applicable.
Stock trading on WhoTrades involves purchasing and selling stocks and share using WhoTrades periodically in order to time trades against the stock markets, with the aim of using WhoTrades to profit from your stock trading. WhoTrades stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on WhoTrades. Stock traders on WhoTrades conduct significant study, frequently dedicating several hours every day to market monitoring using WhoTrades trading tools.
WhoTrades review
WhoTrades Trading ETFs
What Are ETFs
WhoTrades does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.
What Are Fractional Shares
WhoTrades does not offer fractional share trading.
Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.
WhoTrades review
WhoTrades Trading Cryptocurrencies
WhoTrades does not offer cryptocurrency trading.
Cryptocurrency trading is not offered by WhoTrades, so you will need to find a WhoTrades alternative that allows you to buy and sell the underlying cryptocurrency assets. WhoTrades CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a WhoTrades alternative and make sure you undertand the risks fully before trading.
WhoTrades review
WhoTrades Forex Trading
Forex trading with WhoTrades is a method through which to invest money which involves trading one currency for another in a Forex currency pair with WhoTrades. The main aim of WhoTrades Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with WhoTrades. As a WhoTrades Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like WhoTrades. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like WhoTrades. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on WhoTrades.
WhoTrades review
WhoTrades Commodities Trading
Commodity trading is a type of trading available on WhoTrades where individuals or businesses buy and sell financial instruments using WhoTrades related to commodities, such as metals or oil.
WhoTrades review
WhoTrades Options Trading
WhoTrades options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. WhoTrades option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.
WhoTrades review
WhoTrades Futures Trading
Futures trading with WhoTrades is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using WhoTrades to facilitate the trade. A WhoTrades futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on WhoTrades. Typically, futures contracts are traded on an exchange such as WhoTrades; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling WhoTrades trader to the contract agrees to provide it.
WhoTrades review
WhoTrades Bonds Trading
Bonds trading on WhoTrades is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the WhoTrades trader. Bonds can be bought and sold on WhoTrades after they are issued. While some bonds are traded publicly through WhoTrades, most trade over-the-counter between large broker-dealers like WhoTrades acting on their clients' or their own behalf. Yield is therefore based on the WhoTrades purchase price of the bond as well as the coupon.
WhoTrades CFD Trading
A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.
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Name | WhoTrades | IC Markets | Roboforex |
Forex CFD | 15 | 61 | 35 |
Index CFD | 25 | 30 | |
Stock CFD | 110 | 8400 | |
ETF CFD | 30 | 50 | |
Commodity CFD | 20 | 20 | |
Crypto CFD | No | Yes | No |
riskwarning | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
WhoTrades review
WhoTrades Trading Research Tools
Taking advantage of WhoTrades trading research tools which are designed to help traders analyse potential investments using the WhoTrades trading platform. Some WhoTrades research tools include charts, technical analysis, and WhoTrades trading indicators.
WhoTrades Trading News
Traders can follow the markets and make wise investment decisions on WhoTrades by using the news to help form a strategy when it comes to choosing investments. A WhoTrades news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.
WhoTrades Economic Calendar
An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A WhoTrades economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.
WhoTrades Fundamental Data On Financial Instruments & Companies
Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. WhoTrades fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.
WhoTrades Charting
Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on WhoTrades are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.
WhoTrades portfolios
Trading portfolios are useful when trading with WhoTrades.
A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.
A WhoTrades trading portfolio is a traders collection of investments, which may include a variety of WhoTrades financial instruments.
WhoTrades review
WhoTrades Payment Methods
A WhoTrades payment method is required to fund your WhoTrades trading account before placing a buy or sell order on a financial instrument.
When trading with WhoTrades, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that WhoTrades do not have any control over.
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Name | WhoTrades | IC Markets | Roboforex |
Payment Methods | BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money | ADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money | |
riskwarning | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
WhoTrades review
WhoTrades Withdrawl Methods
When trading with WhoTrades at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your WhoTrades account balance. WhoTrades may have minimum withdrawal limits that you will need to check before withdrawing.
You may be charged a currency conversion fee by your withdrawal method if you withdraw your WhoTrades account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.
WhoTrades Withdrawals Times
The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your WhoTrades account.
Withdrawal requests can take up to three business days to be processed by WhoTrades.
You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.
If you're having a withdrawal transferred to your digital wallet account, your WhoTrades should arrive in less than 24 hours.
WhoTrades review
WhoTrades Customer Support
Customer support represents the resources within the WhoTrades company that provides technical assistance to its customers after they use the WhoTrades service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.
WhoTrades offer email, phone, customer support.
WhoTrades Email Support
WhoTrades offers email support.
Email support is a a convenient method of WhoTrades customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from WhoTrades regarding your support request.
WhoTrades Livechat Support
WhoTrades offers livechat support.
WhoTrades live chat support is a way for customers to obtain help from WhoTrades through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.
WhoTrades Telephone Support
WhoTrades offers telephone support.
WhoTrades telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the WhoTrades call centre to give or take information.
WhoTrades Average Support Response times
Contact Method | Average Response Time |
---|---|
WhoTrades Email | 6 hours |
WhoTrades Phone | 5 minutes |
We tested the customer service response times of WhoTrades on Monday, May 19, 2025.
WhoTrades review
WhoTrades Educational Resources
WhoTrades educational resources are used throughout the WhoTrades learning environment to help and assist with customer's development and learning of trading on WhoTrades. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using WhoTrades trading tools. Educational resources like some of the resources available with WhoTrades are a good as part of a wider set of educational guides and information from else where online.
Some of the WhoTrades trading guides and information that we found useful included demo account, general educational videos, platform tutorial videos, webinars.
WhoTrades Trading Platform Tutorials
WhoTrades offer a range of learning resources and tutorials and guides made available to registered WhoTrades users. The WhoTrades guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate WhoTrades users on basic trading principles.
WhoTrades Trading Videos
WhoTrades offer a selection of online trading videos.
Trading videos on WhoTrades help new and even more experienced investors gain insights into WhoTrades technical analysis tools and how the different financial markets work when trading on WhoTrades.
WhoTrades trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs. Some WhoTrades training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using WhoTrades to trade live financial markets.
WhoTrades Webinars
WhoTrades offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of WhoTrades clients who participate by asking questions, replying to polls, and using other interactive technologies available on the WhoTrades trading platform.
WhoTrades review
WhoTrades Financial Regulation When Trading
Financial regulations on WhoTrades protect consumers' investments. Regulations prevent financial fraud and limit the risks that WhoTrades as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. WhoTrades financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.
Is WhoTrades Regulated?
WhoTrades is regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC).
WhoTrades is licensed by financial regulators in certain jurisdictions. You can find out if brokers like WhoTrades are licensed in your country, if they have had run-ins with regulators, or received serious complaints from WhoTrades investors, directly with financial regulators in your country.
WhoTrades Regulatory Protection Limits
When registering with WhoTrades you must check with regulatory body your WhoTrades trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your WhoTrades account is over seen by. WhoTrades client funds are stored in segregated 3rd party bank account in accordance with WhoTrades financial regulators.
Client country | Investor protection amount | Regulator |
---|---|---|
United Kingdom | ยฃ85,000 | Financial Conduct Authority (FCA) |
EU Investor Compensation Scheme | max โฌ50,000 | Directive of The European Parliament and European Commission |
Other countries | 90% of your funds, max โฌ20,000 | Bulgarian Financial Supervision Commission (FSC) |
WhoTrades Trading Signals
WhoTrades does not offer trading signals in any form.Make sure you understand the risks of trading signals.
How does WhoTrades make money?
Because WhoTrades acts as an intermediary, WhoTrades gets compensated on buy and sell transactions of financial instruments. As a result, WhoTrades profit is determined by the volume and number of transactions. WhoTrades earns revenue to fund their WhoTrades platforms and wide range of trading services through market spreads.
Can you buy shares on WhoTrades?
WhoTrades provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here.
Does WhoTrades offer Cryptocurrency?
WhoTrades does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.
WhoTrades Lower fees, lower costs?
WhoTrades have reasonable trading fees and costs. WhoTrades may charge a deposit fee. WhoTrades may charge a withdrawal fee. Some withdrawal fees are out of the control of WhoTrades and may be due to 3rd party payment providers and your account base currency.
What about the minimum deposit?
WhoTrades minimum deposit is 100 USD / GBP / EUR.
How to start your WhoTrades account?
You can sign up for a live or demo WhoTrades trading account by visiting WhoTrades and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an WhoTrades account here.
How's the WhoTrades trading app?
WhoTrades allow traders to trade financial markets on iOS, Android supported mobile devices.
You can tryout the WhoTrades trading app here. Losses can exceed deposits
Is the quality of WhoTrades customer service satisfactory?
WhoTrades have average customer support offering support through email, phone, support options.
Is this broker good for new traders?
WhoTrades is a good trading platform for new traders as WhoTrades offer a good range of educational resources, good support options as well as a demo account.
How do you withdraw money from WhoTrades?
WhoTrades offer a good selection of withdrawal options. Once WhoTrades have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.
Best WhoTrades Alternatives Reviews
If WhoTrades isnt quite what you are looking for you can check out some of the best WhoTrades alternatives below.
- IC Markets Review (read our in depth 2025 review)
- Roboforex Review (read our in depth 2025 review)
- AvaTrade Review (read our in depth 2025 review)
Best WhoTrades Alternatives In Detail
If you would like to see WhoTrades compared agains some of the best WhoTrades alternatives available right now you can do so by clicking on the links below.
- IC Markets Alternatives (read our in depth 2025 Alternatives for IC Markets)
- Roboforex Alternatives (read our in depth 2025 Alternatives for Roboforex)
- AvaTrade Alternatives (read our in depth 2025 Alternatives for AvaTrade)