WIT Invest Review 2024 (Expert Review)

WIT Invest Review Summary

WIT Invest is a regulated broker. With its market-leading platform and wide range of tools, WIT Invest is an excellent choice for traders and investors. Here's a closer look at WIT Invest's services. One of the best things about WIT Invest is that it offers a wide range of services. You can start trading with a minimum of $100. Once you're registered, you can trade CFDs and Forex, as well as social trading. Inactivity fees are charged after a certain period, determined by your agent. You can learn more about WIT Invest's features by reading reviews of other users.

WIT Invest review
WIT Invest Platform Features

WIT Invest main features and highlights
๐Ÿ—บ๏ธ Country of regulation Unregulated
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 100
๐Ÿ•– Time to open a WIT Invest account 1-3 Days. *A WIT Invest demo account can be opened in a few minutes, but live WIT Invest trading account creation times will vary depending on how long it takes to process your WIT Invest KYC documents.
๐Ÿ’ณ Wire Transfer No
๐Ÿ‘› Depositing with electronic wallet No
๐Ÿ’ฑ Number of base currencies supported 1
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs

WIT Invest review
WIT Invest Financial Regulation

WIT Invest is regulated by Unregulated.

WIT Invest review
WIT Invest 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 WIT Invest 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 WIT Invest can be that the spreads offered on trading cryptocurrencies (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.

WIT Invest review
WIT Invest Advantages

One of the main advantages of using WIT Invest is around the clock service and support as well as research offerings. Not only this, but WIT Invest has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of WIT Invest 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 WIT Invest makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. WIT Invest offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • WIT Invest has been in business over 10 years.
  • WIT Invest offers Neteller as a payment method.
  • WIT Invest offers Skrill as a payment method.
  • WIT Invest offers ECN trading.
  • WIT Invest offers a Apple Mac desktop trading platform.
  • WIT Invest offers Scalping.
  • WIT Invest offers mobile trading applications.

WIT Invest review
WIT Invest Disadvantages

Although WIT Invest has a lot of good points WIT Invest does not offer the below.

WIT Invest Review Risk Warning: Your capital is at risk.

WIT Invest Review

WIT Invest review
Things to understand when trading with WIT Invest

Online trading on trading platforms like WIT Invest have seen huge growth in the last 3 years. Trading with WIT Invest requires that you take the time to learn how financial markets work and are able to trade with WIT Invest using in depth technical analysis and WIT Invest risk management trading tools. Trading with WIT Invest involves risk. You should only risk capital with WIT Invest that you can afford to lose. Understand your risk tolerance with WIT Invest, and have a trading strategy that WIT Invest is able to help you execute. WIT Invest is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments WIT Invest give you access too.

WIT Invest review
WIT Invest Trading Fees

Trading fees on WIT Invest are taken in the form of the spreads WIT Invest offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on WIT Invest. WIT Invest fees vary depending on the financial instruments traded and can include, WIT Invest overnight funding fees, spreads, margins and WIT Invest 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 WIT Invest account charged by your 3rd party payment provider if your WIT Invest base currency is different from your WIT Invest withdrawal method.

NameWIT InvestIC MarketsRoboforex
Account FeesNoNo
Withdrawal FeesvariesNoYes
Deposit FeesNo
Inactivity FeeNoNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

WIT Invest review
WIT Invest Financial Instrument Fees

WIT Invest fees for Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs are listed below.

WIT Invest review
WIT Invest Stock Trading Fees

The majority of WIT Invest 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 WIT Invest 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.

WIT Invest review
WIT Invest Forex Fees

Commission on WIT Invest 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 WIT Invest Forex fees is based on their trade size. To calculate WIT Invest 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.

WIT Invest review
WIT Invest Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. WIT Invest cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. WIT Invest cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

WIT Invest review
WIT Invest Non Trading Fees

WIT Invest non-trading fees include a variety of WIT Invest brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the WIT Invest trading platform. The most common non-trading fees include WIT Invest withdrawal fees, WIT Invest deposit fees and WIT Invest inactivity fees.

WIT Invest review
WIT Invest Deposit Fees

WIT Invest does charge deposit fees in some cases. When funding your WIT Invest account there may be some WIT Invest deposit fees which will vary depending on the payment method you use to deposit to your live WIT Invest trading account.

WIT Invest review
WIT Invest Inactivity Fees

WIT Invest does charge clients an inactivity fees for dormant WIT Invest trading accounts. A WIT Invest inactivity fee is a sum charged on WIT Invest 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.

WIT Invest review
WIT Invest Withdrawal Fees

WIT Invest does charge WIT Invest clients small withdrawal fees. Withdrawals fees vary between WIT Invest and WIT Invest alternatives depending on where you are located and how much money you are withdrawing.

WIT Invest review
WIT Invest Account Fees

WIT Invest does not charge account fees. Account fees charged differ between WIT Invest and other brokers. An account is a fee that WIT Invest and other brokers assesses on all accounts for the ability to keep an account on their platform.

WIT Invest review
WIT Invest Account Opening

The WIT Invest account registration process is simple, user-friendly, and quick. Within 1-3 Days most WIT Invest trading accounts are ready for live trades. Our WIT Invest account was validated in 1 day, but live WIT Invest trading account verification times will vary depending on the time it takes to process your KYC documents and WIT Invest trading account application. A WIT Invest demo account can be opened in a few minutes.

WIT Invest trading accounts are available in over 194 countries. WIT Invest is restricted in the following countries.

Apart from the restricted countries a WIT Invest trading account can be opened globally.

The WIT Invest trading platform is available for residents in US. Some financial instruments WIT Invest offer may be restricted in your country.

  • Fast WIT Invest account opening.
  • WIT Invest accounts can be opened and KYC can be verified digitally.
  • WIT Invest minimum deposit is 100 USD / GBP / EURO.
  • WIT Invest trading account verification may be held up for longer than a day if there is an issue with verifying your account.

WIT Invest review
WIT Invest Deposit And Withdrawal

WIT Invest 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 WIT Invest 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.

WIT Invest offers the following account GBP, USD, EURO.

When trading make sure your WIT Invest 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. WIT Invest has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameWIT InvestIC MarketsRoboforex
Number Of CurrenciesYes104
Base CurrenciesUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, XAU
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

WIT Invest review
WIT Invest Deposit Fees and Deposit Methods

Investors can log in to their WIT Invest 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 WIT Invest trading accounts from an existing bank account or send the funds through a wire transfer or online check.

WIT Invest Deposit Fees

Making a deposit on your WIT Invest account is free.

WIT Invest Deposit Methods

There are several methods through which you can deposit money into your WIT Invest account. One can use a credit or debit card and WIT Invest accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your WIT Invest 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 WIT Invest account. Funding methods for WIT Invest include Credit cards, Skrill, Neteller,.

WIT Invest review
WIT Invest Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your WIT Invest 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 WIT Invest 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 WIT Invest account.

NameWIT InvestIC MarketsRoboforex
Funding MethodsCredit cards, Skrill, Neteller,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 FeevariesNoYes
Deposit FeeVariesNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

WIT Invest Fees When Withdrawing Your Account Balance

WIT Invest do not charge withdrawal fees. Some withdrawal fees are out of the control of WIT Invest and may be due to 3rd party payment providers and your account base currency.

WIT Invest Withdrawal Methods

Log into your WIT Invest trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ 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 WIT Invest account to your bank account. To withdraw money from your WIT Invest account you can use credit or debit cards. WIT Invest processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as WIT Invest processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

WIT Invest review
WIT Invest Trading Platforms

As there are a number of tradable financial instruments available on the WIT Invest trading platform. Before investing in the WIT Invest platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The WIT Invest platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. WIT Invest offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on WIT Invest is available. Another thing to consider is your financial goals. Make sure that a WIT Invest 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 WIT Invest account. Ensure that WIT Invest allows you to focus on the type of trading that you want to focus on.

Make sure WIT Invest 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 WIT Invest, think about how easy it is to use for your personal needs. Does the WIT Invest platform offer real-time updates or delayed updates that are more informed? Remember to check if WIT Invest is well regulated, and what tradeable financial instruments WIT Invest has. Security is very important when it comes to trading with WIT Invest.

WIT Invest Web Trading Platform

A WIT Invest web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through WIT Invest which acts as a financial intermediary. WIT Invest 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 WIT Invest mobile trading platform.

WIT Invest Apple IOS Trading Platform

A WIT Invest 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.

WIT Invest Google Play Android Trading Platform

A WIT Invest 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.

WIT Invest review
WIT Invest Mobile Trading User Experience

WIT Invest 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. WIT Invest mobile trading refers to trading using a mobile phone.

Leading brokerages like WIT Invest offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire WIT Invest portfolio. All an investor needs is a Web-enabled smartphone and a trading account with WIT Invest. Once you have download the WIT Invest trading app, you are ready to begin.

WIT Invest review
WIT Invest Desktop Computer Trading Platform

A WIT Invest 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 WIT Invest desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The WIT Invest desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

WIT Invest PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using WIT Invest. A trading computer with access to a WIT Invest 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.

WIT Invest Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the WIT Invest 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 WIT Invest trading platform is very user friendly on a Mac device.

WIT Invest review
WIT Invest Trading Look And Feel

The WIT Invest user interface (UI) is what WIT Invest traders will see and interact with first when trading with the WIT Invest trading platform. The WIT Invest is well designed. The goal of the WIT Invest trading UI is to make the WIT Invest user's experience intuitive. The WIT Invest application has good user experience and a good level of customer satisfaction.

WIT Invest Security

WIT Invest is a secure trading platform. WIT Invest offers traders security via 2 factor authentication, SSL encription when trading with WIT Invest. WIT Invest trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with WIT Invest. Rate limitation on WIT Invest suspicious account activities is another layer of protection that is provided for WIT Invest trading accounts, for example multiple failed login attempts with WIT Invest. You have the option to further safeguard your account by using WIT Invest Two-Factor Authentication (2FA), which provides an extra layer of security.

The WIT Invest trading infrastructure is constantly watched and guarded by a trained team at WIT Invest In addition, WIT Invest never send sensitive information without first encrypting on the WIT Invest trading platform using transport layer security (TLS) and SSL.

WIT Invest review
Placing A Buy Or Sell Order On WIT Invest

Available WIT Invest order types. # market, limit, stop, stop limit, Good until end of day / canceled.

WIT Invest Market Order

A WIT Invest 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. WIT Invest 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. WIT Invest market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

WIT Invest Limit Order

A WIT Invest 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.

WIT Invest Stop Order

A WIT Invest 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.

WIT Invest Stop Limit Order

A WIT Invest 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 WIT Invest stop-limit order triggers a limit order when a stock price hits the stop level. A WIT Invest stop-limit order can be helpful when trading if you are unable to watch your trades all day.

WIT Invest review
WIT Invest 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.

WIT Invest review
WIT Invest Trading Platform Features

Online trading platforms like WIT Invest 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 WIT Invest. The WIT Invest 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 WIT Invest.

WIT Invest Margin Trading

WIT Invest 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, WIT Invest 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.

WIT Invest review
WIT Invest Account Types

WIT Invest Demo Account

WIT Invest offers demo accounts that gives traders the ability to purchase and sell WIT Invest financial instruments in a practice environment, using fake WIT Invest digital money and live market conditions and data. When you practise on a WIT Invest demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the WIT Invest platform. WIT Invest demo accounts allow you to experience and practice a variety of market charts, WIT Invest trading indicators, and trading strategies using WIT Invest.

WIT Invest Standard Account

WIT Invest offers a standard trading account, allowing WIT Invest traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich WIT Invest trading platform.

WIT Invest STP Account

WIT Invest STP (Straight Through Processing) account is a WIT Invest trading feature that involves sending WIT Invest client orders directly to the market without passing them through a dealing desk. A WIT Invest STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.

WIT Invest ECN Account

A WIT Invest ECN (Electronic Communications Network) account is a pure order-matching execution system, where WIT Invest, as a provider, charges a commission per WIT Invest trade instead of inflating the spread, occurring more naturally within the WIT Invest order-matching process. A WIT Invest ECN is a financial intermediary that uses electronic communications networks to give WIT Invest clients direct access to other participants in equity and currency markets. As an ECN broker, WIT Invest only matches WIT Invest trades between other market participants; it cannot trade against the WIT Invest client.

WIT Invest DMA Accounts

WIT Invest Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the WIT Invest financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, WIT Invest might use direct market access to place trades themselves. WIT Invest DMA accounts make individual contracts with each liquidity provider.

WIT Invest review
WIT Invest Tradable Financial Instruments

WIT Invest tradable financial instruments are the financial instruments that are specifically available to trade on the WIT Invest trading platform. This refers to the different types of financial markets you can trade with through WIT Invest. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on WIT Invest.

NameWIT InvestIC MarketsRoboforex
CFD TradingYesYesYes
Stock MarketsNo210053
ETFsNo
Fractional SharesNoYes
CryptocurrenciesNoYesNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

WIT Invest review
WIT Invest Trading Stocks

Stock trading with WIT Invest is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with WIT Invest; if you possess the stock on WIT Invest, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on WIT Invest involves purchasing and selling stocks and share using WIT Invest periodically in order to time trades against the stock markets, with the aim of using WIT Invest to profit from your stock trading. WIT Invest 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 WIT Invest. Stock traders on WIT Invest conduct significant study, frequently dedicating several hours every day to market monitoring using WIT Invest trading tools.

WIT Invest review
WIT Invest Trading ETFs

What Are ETFs

WIT Invest 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

WIT Invest 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.

WIT Invest review
WIT Invest Trading Cryptocurrencies

WIT Invest does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by WIT Invest, so you will need to find a WIT Invest alternative that allows you to buy and sell the underlying cryptocurrency assets. WIT Invest 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 WIT Invest alternative and make sure you undertand the risks fully before trading.

WIT Invest review
WIT Invest Forex Trading

Forex trading with WIT Invest is a method through which to invest money which involves trading one currency for another in a Forex currency pair with WIT Invest. The main aim of WIT Invest 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 WIT Invest. As a WIT Invest 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 WIT Invest. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like WIT Invest. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on WIT Invest.

WIT Invest review
WIT Invest Commodities Trading

Commodity trading is a type of trading available on WIT Invest where individuals or businesses buy and sell financial instruments using WIT Invest related to commodities, such as metals or oil.

WIT Invest review
WIT Invest Options Trading

WIT Invest 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. WIT Invest 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.

WIT Invest review
WIT Invest Futures Trading

Futures trading with WIT Invest 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 WIT Invest to facilitate the trade. A WIT Invest futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on WIT Invest. Typically, futures contracts are traded on an exchange such as WIT Invest; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling WIT Invest trader to the contract agrees to provide it.

WIT Invest review
WIT Invest Bonds Trading

Bonds trading on WIT Invest 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 WIT Invest trader. Bonds can be bought and sold on WIT Invest after they are issued. While some bonds are traded publicly through WIT Invest, most trade over-the-counter between large broker-dealers like WIT Invest acting on their clients' or their own behalf. Yield is therefore based on the WIT Invest purchase price of the bond as well as the coupon.

WIT Invest 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.

NameWIT InvestIC MarketsRoboforex
Forex CFD6135
Index CFD2530
Stock CFD1108400
ETF CFD3050
Commodity CFD2020
Crypto CFDNoYesNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

WIT Invest review
WIT Invest Trading Research Tools

Taking advantage of WIT Invest trading research tools which are designed to help traders analyse potential investments using the WIT Invest trading platform. Some WIT Invest research tools include charts, technical analysis, and WIT Invest trading indicators.

WIT Invest Trading News

Traders can follow the markets and make wise investment decisions on WIT Invest by using the news to help form a strategy when it comes to choosing investments. A WIT Invest 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.

WIT Invest 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 WIT Invest 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.

WIT Invest 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. WIT Invest 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.

WIT Invest 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 WIT Invest 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.

WIT Invest portfolios

Trading portfolios are useful when trading with WIT Invest.

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 WIT Invest trading portfolio is a traders collection of investments, which may include a variety of WIT Invest financial instruments.

WIT Invest review
WIT Invest Payment Methods

A WIT Invest payment method is required to fund your WIT Invest trading account before placing a buy or sell order on a financial instrument.

When trading with WIT Invest, 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 WIT Invest do not have any control over.

NameWIT InvestIC MarketsRoboforex
Payment MethodsBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, 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
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

WIT Invest review
WIT Invest Withdrawl Methods

When trading with WIT Invest 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 WIT Invest account balance. WIT Invest 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 WIT Invest account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

WIT Invest 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 WIT Invest account.

Withdrawal requests can take up to three business days to be processed by WIT Invest.

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 WIT Invest should arrive in less than 24 hours.

WIT Invest review
WIT Invest Customer Support

Customer support represents the resources within the WIT Invest company that provides technical assistance to its customers after they use the WIT Invest 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.

WIT Invest offer email, livechat, phone, customer support.

WIT Invest Email Support

WIT Invest offers email support.

Email support is a a convenient method of WIT Invest customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from WIT Invest regarding your support request.

WIT Invest Livechat Support

WIT Invest offers livechat support.

WIT Invest live chat support is a way for customers to obtain help from WIT Invest 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.

WIT Invest Telephone Support

WIT Invest offers telephone support.

WIT Invest 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 WIT Invest call centre to give or take information.

WIT Invest review
WIT Invest Educational Resources

WIT Invest educational resources are used throughout the WIT Invest learning environment to help and assist with customer's development and learning of trading on WIT Invest. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using WIT Invest trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

WIT Invest Trading Platform Tutorials

WIT Invest offer a range of learning resources and tutorials and guides made available to registered WIT Invest users. The WIT Invest guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate WIT Invest users on basic trading principles.

WIT Invest Trading Videos

WIT Invest offer a selection of online trading videos.

Trading videos on WIT Invest help new and even more experienced investors gain insights into WIT Invest technical analysis tools and how the different financial markets work when trading on WIT Invest.

WIT Invest trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some WIT Invest 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 WIT Invest to trade live financial markets.

WIT Invest Webinars

WIT Invest 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 WIT Invest clients who participate by asking questions, replying to polls, and using other interactive technologies available on the WIT Invest trading platform.

WIT Invest review
WIT Invest Financial Regulation When Trading

Financial regulations on WIT Invest protect consumers' investments. Regulations prevent financial fraud and limit the risks that WIT Invest 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. WIT Invest financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is WIT Invest Regulated?

WIT Invest is regulated by Unregulated.

WIT Invest is licensed by financial regulators in certain jurisdictions. You can find out if brokers like WIT Invest are licensed in your country, if they have had run-ins with regulators, or received serious complaints from WIT Invest investors, directly with financial regulators in your country.

WIT Invest Regulatory Protection Limits

When registering with WIT Invest you must check with regulatory body your WIT Invest 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 WIT Invest account is over seen by. WIT Invest client funds are stored in segregated 3rd party bank account in accordance with WIT Invest financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

WIT Invest Trading Signals

WIT Invest does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does WIT Invest make money?

Because WIT Invest acts as an intermediary, WIT Invest gets compensated on buy and sell transactions of financial instruments. As a result, WIT Invest profit is determined by the volume and number of transactions. WIT Invest earns revenue to fund their WIT Invest platforms and wide range of trading services through market spreads.

Can you buy shares on WIT Invest?

WIT Invest does not provide customers with real company shares trading. WIT Invest offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and WIT Invest on the speculative up or down price movement on an agreed stocks price movement.

Does WIT Invest offer Cryptocurrency?

WIT Invest 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.

WIT Invest Lower fees, lower costs?

WIT Invest have reasonable trading fees and costs. WIT Invest do not charge a deposit fee. WIT Invest may charge a withdrawal fee. Some withdrawal fees are out of the control of WIT Invest and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

WIT Invest minimum deposit is 100 USD / GBP / EUR.

How to start your WIT Invest account?

You can sign up for a live or demo WIT Invest trading account by visiting WIT Invest 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 WIT Invest account here.

How's the WIT Invest trading app?

WIT Invest allow traders to trade financial markets on WIT Invest does not currently offer trading through any mobile applications on iOS or Android. supported mobile devices.

You can tryout the WIT Invest trading app here. Your capital is at risk

Is the quality of WIT Invest customer service satisfactory?

WIT Invest have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

WIT Invest is a good trading platform for new traders as WIT Invest offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from WIT Invest?

WIT Invest offer a good selection of withdrawal options. Once WIT Invest have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

Best WIT Invest Alternatives Reviews

If WIT Invest isnt quite what you are looking for you can check out some of the best WIT Invest alternatives below.




Best WIT Invest Alternatives In Detail

If you would like to see WIT Invest compared agains some of the best WIT Invest alternatives available right now you can do so by clicking on the links below.

Check out RoboForex โ€“ Professional services on Forex market

Ashly Chole - Senior Finance & Technology Editor

WIT Invest Review 2024 (Expert Review) guide updated 23/07/24