About Wealth World Financial
Overview
Wealth World Financial, operating under the legal name WEALTH WORLD FINANCIAL MARKET & RESEARCH LTD, is an online forex and CFD broker incorporated in the Comoros. The company was founded on September 23, 2022, and its registered address is Moheli Corporate Services Ltd, P.B. 1257 Bonovo Road, Fomboni, Comoros, KM.
The broker presents itself as a provider of multi-asset trading services, offering access to over 1,200 instruments including forex, indices, equities, energy, and commodities. It primarily targets retail traders through its MetaTrader 5 platform.
Regulation and Licensing
Wealth World Financial currently holds no verified license from any recognized financial regulator. The broker operates from the Comoros, an offshore jurisdiction not known for stringent oversight. As such, traders should be aware that there is no independent regulatory body supervising the firm's activities, which carries inherent risks.
Account Types
The broker offers two main account types. The Standard account requires a minimum deposit of $200 and provides leverage up to 1:500, making it accessible to smaller traders. The Pro account requires a significantly higher minimum deposit of $10,000 and offers leverage up to 1:200. Both accounts are limited to trading currency pairs, though the broker advertises a broader range of instruments; specific spreads and commissions are not disclosed.
Trading Platforms
Wealth World Financial provides the MetaTrader 5 (MT5) platform to its clients. MT5 is a widely used trading platform known for its advanced charting tools, multiple order types, and support for algorithmic trading. The broker does not mention the availability of other platforms such as MT4 or proprietary solutions.
Deposits and Withdrawals
The broker accepts deposits via Mastercard, Visa, and bank transfer. Withdrawal methods include Visa, bank transfer, and Mastercard. There is no publicly available information regarding processing times or fees for these transactions. Clients should note that withdrawal requests have been a recurring issue in user feedback.
Target Audience
Wealth World Financial's low minimum deposit and high leverage options appeal to retail traders looking for speculative opportunities. However, the lack of regulation and negative user experiences suggest that it may not be suitable for risk-averse investors or those seeking a trustworthy trading environment.
Overview compiled by FXCanary from regulatory records and public data. full Wealth World Financial review