Wealthy Union
Detailed Insights into Wealthy Union
Wealthy Union is a proud subsidiary of Wealthy Union Ltd, a registered entity in the offshore jurisdiction of Saint Vincent and the Grenadines. The broker provides a brief introduction about its successful operations in the “About Us” section, opting not to delve into its historical background.
Interestingly, Wealthy Union maintains a close association with the broker Profit Trade, often collaborating on various initiatives.
A notable feature on Wealthy Union’s website is the prominently displayed risk notification at the bottom of each page, demonstrating a commitment to transparency amidst the larger font used for service advertisements.
With a diverse offering of over 250 instruments across categories such as currency pairs, stocks, indices, commodities, and goods, Wealthy Union caters to a wide range of trading preferences.
Key Advantages of Wealthy Union
- Rapid execution of transactions in just over 30 milliseconds
- Competitive spreads starting from zero
- Access to pre-constructed investment portfolios featuring shares of renowned companies
- Provision of client-friendly strategies for replication
Distinctive Feature
Wealthy Union boldly entices clients from other brokers by offering incentives for transferring their accounts.
- Register with Wealthy Union and complete the verification process
- Open and fund your account
- Contact the designated account manager or the general email to request the transfer of your trading account to Wealthy Union
- Receive enhanced deposit bonuses upon concluding activities with your previous broker
Trading Platforms
Wealthy Union operates on the user-friendly ActTrader platform.
Account Options
Initial Account: Accessible with a minimum deposit of $250
Standard Account: Requires a deposit of at least $1,250
Premium Account: Initiates at $5,000
VIP Account: Unlocked upon depositing $15,000 or more
Deposit and Withdrawal Procedures
Funds can be withdrawn without incurring any commissions on the second Wednesday of each month.
To inquire about fund transfer channels and other related processes, customers are encouraged to contact Wealthy Union by phone or submit a request with their contact number.
Final Thoughts on Wealthy Union
While Wealthy Union presents intriguing propositions, a closer look reveals multiple terms and conditions associated with each offer, often hidden in fine print.
The emphasis on verbal communication with clients and the insistence on obtaining contact numbers during interactions may raise certain concerns.
The broker’s registration in a small offshore locale, undisclosed founding year, and unverified experience may leave some investors apprehensive.
This review has been prepared by the specialists at ExpertsReview.