About WAYONE CAPITAL
Overview
WAYONE CAPITAL, operating under the brand WAYONE FX, is a forex and CFD broker established in November 2023. The firm is registered in Saint Lucia at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, with company number 2023-00422. It also lists a physical address in Dubai, UAE. As of this review, the broker holds no known regulatory licences, which places it in the unregulated category — a significant consideration for traders seeking oversight and investor protection.
Account Types and Trading Conditions
WAYONE FX offers three live account tiers. The Classic account requires a minimum deposit of $100 and provides a maximum leverage of 1:500, appealing to retail traders with smaller capital. The VIP account requires $2,500 and also offers leverage up to 1:200.
The ECN account, with a $5,000 minimum deposit, targets more experienced traders seeking direct market access with tight spreads, though the broker does not publish specific spread figures on its site. A demo account is available for practice. All accounts operate on the MetaTrader 5 platform.
Regulatory Status and Risk
Crucially, WAYONE FX is not regulated by any major financial authority. This means traders do not benefit from protections such as negative balance protection, compensation schemes, or independent dispute resolution. The FXCanary Scam Risk Score for this broker is 75 out of 100, indicating severe risk. The lack of oversight, combined with the high leverage offered (up to 1:500), amplifies the potential for significant losses. Traders should approach with extreme caution and fully understand the implications of trading with an unregulated entity.
Products and Services
The broker offers trading across multiple asset classes including forex, indices, commodities, metals, stocks, crypto, and futures. It promotes its STP/ECN execution model, claiming no conflict of interest with clients. WAYONE FX also provides an IB program with tiered commissions and a partnership opportunity. The website mentions a range of trading support tools and insights, though specific details are limited. The broker accepts clients internationally, and its website is available in English.
Overview compiled by FXCanary from regulatory records and public data. full WAYONE CAPITAL review