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Is WD Capitals Safe? WD Capitals Reviews 100% Safe & Secure

WD Capitals (www.wdcapitals.com) is a retail forex broker that was established in 2020 but went through a rebranding in 2019. WD Capitals (www.wdcapitals.com) has rebranded its services and platforms to match the needs of various types of investors across the multiple jurisdictions they operate in. If you are looking for a bespoke investing platform, then Markets is the one for you. If you are looking to trade forex, then WD Capitals (www.wdcapitals.com) is your platform. In the following review, we will refer to the broker as WD Capitals (www.wdcapitals.com).

WD Capitals (www.wdcapitals.com) is a Forex broker that has been operational since 2020, which aims to provide traders with the best trading conditions and VIP service. WD Capitals (www.wdcapitals.com) may only have one trading account, the Real Account, but you can benefit from so much with that one trading account. You can use the MetaTrader5 trading platform, depending on your selection when you open your trading account. With low non-trading fees and low spreads, you will find yourself reaching your full trading potential with WD Capitals (www.wdcapitals.com).

WD Capitals (www.wdcapitals.com) Main Features
Established in: 2020Time to open an account: 1 day
Trust Score: 88Country of regulation:
Cyprus, South Africa, Australia, UK
Minimum Deposit: $250Platforms:  MT5
Demo Account Available: YesLeverage: 1:500
Withdrawal fee amount: $0Inactivity Fee: No

Pros

  • Trust Score : 88
  • No withdrawal or deposit fee required
  • Two trading account available
  • Safe and reliable broker wd capitals

Cons

  • Small Variety of Assets to Trade
  • No customer service available 24\7
  • Website ratings are 7.8 stars

Safety & Regulation

WD Capitals (www.wdcapitals.com) is a UK-based Forex broker that s regulated by more than six different financial regulators from all over the world.This Wd Capitals (www.wdcapitals.com) review will identify the different regulations and safety measures that this Forex broker takes for its clients.

Is WD Capitals (www.wdcapitals.com) Safe? (WD Capitals Reviews)

WD Capitals (www.wdcapitals.com) is considered a very safe and low-risk Forex broker for several reasons. The first reason is that WD Capitals (www.wdcapitals.com) is regulated by over five of the strictest financial regulators in the world. The second reason is that WD Capitals (www.wdcapitals.com) provides traders with negative balance protection, which protects a trader if they reach a negative balance. In addition, the third reason is that WD Capitals (www.wdcapitals.com) conducts regular audit reports to show its compliance to the regulation, along with storing client funds in segregated accounts away from corporate funds.

Pros

  • Provides negative balance protection
  • Stores client funds in segregated accounts
  • Conducts regular audit reports

Cons

  • Financial information is not available for the public
  • Does not accept clients from the US

Investor Protection

In addition to the regulations that are applied to WD Capitals (www.wdcapitals.com), this Forex broker takes preventive measures to protect client funds and client personal information. WD Capitals (www.wdcapitals.com) stores client funds in segregated accounts away from corporate funds. This Forex broker also provides negative balance protection to prevent the trader from facing major financial exposure when reaching a negative balance. WD Capitals (www.wdcapitals.com) conducts regular audit reports to demonstrate its compliance with the regulations.

WD Capitals (www.wdcapitals.com) Fees

WD Capitals (www.wdcapitals.com) fees are low compared to other Forex trading brokers in the trading industry. The non-trading fees are low, except for the inactivity fee that is activated after 90 days. However, since there are no commissions charged for trading, the trading fees are considered average.

This WD Capitals (www.wdcapitals.com) review will demonstrate the different trading and non-trading fees that you should consider.

WD Capitals (www.wdcapitals.com) Trading Fees

For the trading fees, WD Capitals (www.wdcapitals.com) does not charge commissions on trading. The fees are built into the spreads, which causes the spreads to be relatively high.

Spreads on currency pairs could start from 0.5 pips, which are considered to be some of the lowest trading fees in the industry. This Forex trading broker added the trading fees into the spread, and this is why you might find the spreads excessive.

Pros

  • Low non-trading fees
  • No commissions charged
  • No deposit fee
  • No withdrawal fee
  • Low trading fees  


WD Capitals (www.wdcapitals.com) Non-Trading Fees

With WD Capitals (www.wdcapitals.com), you will find that the non-trading fees required are very low compared to other Forex trading brokers in the trading industry. WD Capitals (www.wdcapitals.com) does not require a deposit fee or a withdrawal fee during your transactions. This means you do not have to worry about being charged with fees for withdrawing funds from or depositing funds into your account. On the other hand, WD Capitals (www.wdcapitals.com) does charge an inactivity fee, which is a fee that is activated once you are inactive for a period of time. For WD Capitals (www.wdcapitals.com), the inactivity fee is 10USD on a monthly basis, after 90 days of inactivity.

Deposit Fees and Withdrawal Fees
Deposit Fees0USD   
Withdrawal Fees0USD   
WD Capitals (www.wdcapitals.com) Fees Compared To Competitors
 WD Capitals (www.wdcapitals.com)IFC Markets XM
Account FeeNoNoNo
Inactivity FeeYesYesYes
Deposit Fee0USD30USD0USD
Withdrawal Fee0USD30USD0USD

Deposit & Withdrawal

WD Capitals (www.wdcapitals.com) provides different deposit and withdrawal options for you to choose from, and you can select from nine different account base currencies for your trading account. There are no withdrawal or deposit fees charged, but you will be required to wait for withdrawals for a while.

This WD Capitals (www.wdcapitals.com) review will give you an overview of the different deposit and withdrawal options.

Account Base Currencies

There are nine different account base currencies that are offered by WD Capitals (www.wdcapitals.com) for your trading account. You can choose one of the following account base currencies for your trading account: USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, and AUD.

USDEURGBPPLNSEK
DKKNOKZARAUD 

Deposits

WD Capitals (www.wdcapitals.com) offers different payment methods for you to choose from, which are: Bank Transfers, Credit\Debit Card, and Electronic Wallets.

You do not have to concern yourself with deposit fees because there are none. The deposit process of WD Capitals (www.wdcapitals.com) is a fast process that allows you to have your funds deposited into your trading account in 24-72 hours. You can make your deposits in the account base currency that you have chosen for your trading account, or it will be converted to your base currency.

Pros

  • Different payment methods available
  •  No deposit fee
  • Fast deposit process
  • Variety of account base currencies provided

Cons

  • None

WD Capitals (www.wdcapitals.com) Deposit Options

  • Bank Transfer
  • Credit\Debit Card
  • Electronic Wallet

Withdrawals

WD Capitals (www.wdcapitals.com) does not require a withdrawal fee for every time you make a withdrawal from your trading account.

You can choose to make your withdrawals via Bank Transfer, Credit\Debit Card, and Electronic Wallets. However, withdrawing funds from your trading account could take approximately 5-7 business days, depending on your preferred payment method.

Pros

  • Different payment methods provided
  • Free withdrawal
  • Wide selection of account base currencies available

Cons

  • Slow withdrawal process of 5-7 business days

WD Capitals (www.wdcapitals.com) Withdrawal Options

  • Bank Transfer
  • Credit\Debit Card
  • Electronic Wallet

Trading Platforms

Pros

  • User friendly design
  • Able to view past performances and portfolio
  • Price alerts and notifications are available
  • Available in several languages
  • Operable on all operating systems

Cons

  • No two-step login process

Markets & Financial Instruments

WD Capitals (www.wdcapitals.com) is a CFD and Forex trading broker that provides access to 6 different financial markets. WD Capitals (www.wdcapitals.com) offers you over 2,200 different financial instruments that you can trade with, including cryptocurrency.

This WD Capitals (www.wdcapitals.com) review will list for you the different financial classes that WD Capitals (www.wdcapitals.com) offers to you.

Pros

  • Provides cryptocurrency
  • 6 different financial markets accessed
  • Over 2,200 financial instruments available
  • Wide range of financial instruments

Cons

  • None

WD Capitals (www.wdcapitals.com) offers traders access to 6 different financial markets, with the ability to trade with 2,200 different financial instruments. The available Forex pairs, or currency pairs, are approximately more than 50+, while there are about 11 Stock Indices options. There are roughly 2,000 different Stock CFDs and 6 different cryptocurrencies for you to trade with. As for the Commodities, there are more than 15 different options and approximately more than 40 different ETFs.

What WD Capitals (www.wdcapitals.com) Offers
ForexIndices   
CryptocurrencyCommodities   
BondsETFs   

Customer Service

The customer service of WD Capitals (www.wdcapitals.com) is one of the best features of this Forex trading broker. As a customer service, they provide different methods of contact and you will find that the response time is fast for all means of communication. However, you will not be able to reach them on the weekends.

This WD Capitals (www.wdcapitals.com) review will inform you of the different means of communication available for you on this Forex trading broker.

WD Capitals (www.wdcapitals.com) provides a 24\5 customer service that you can reach via live chat, phone, email, or you can fill in their online query form. This Forex trading broker has an accommodating staff that has an impressively fast response time and ensures that your questions are heard. The customer service staff also offers relevant answers to your inquiries, but you cannot reach them on Saturdays and Sundays.

Pros

  • Different means of communication
  • Fast response time
  • Relevant answers on your inquiries
  • Available in different languages
  • Accommodating staff of customer service

Cons

  • Not available 24\7

Means Of Communication

  • Live chat
  • Phone support
  • Email support
  • Online query form

Conclusion on WD Capitals (www.wdcapitals.com)

WD Capitals (www.wdcapitals.com) review presents a company with a strict policy to follow due to the regulations and set of operational rules. Overall, the broker delivers a comprehensive offering to the clients with a good range of account types, powerful educational and support materials with some unique development like trading signals, copy trading, and 1 to 1 trading. An alternative forex broker is Avatrade is also regulated in South Africa and more licenses from various countries and offering better trading conditions as well.

Compatible with All Devices

One of the best things about the WD Capitals online trading platform is that it is fully compatible with all kinds of common devices that traders use these days to surf online. Therefore, you can log in and trade from your WD Capitals account from any device you want including smartphones, desktops, laptops, or tablets. www.wdcapitals.com

Whatever device you choose, your trading experience will be very smooth and you will actually enjoy trading. What’s more, the user interface of the WD Capitals trading software is very simple to navigate. This is particularly good news for you if you have not used a trading platform before. Even if you have any difficulties, your personal account manager will always be in touch with you and answer all your questions.


Security

When it comes to trading platforms, the security factor is undeniably very important. If there is any weak link in the security, the trader’s information might get leaked which can have very unpleasant consequences.

Hence it is important for you to trade in a fully secure environment. First of all, WD Capitals is regulated by license and I would like to point out that when you choose WD Capitals to be your trading partner, you can trade in a 100 percent safe bubble where there is no risk to your personal funds or information that you share on the platform. They have incorporated the latest security elements such as SSL certificates, encryption technology, and firewall system to make sure no 3rd party is able to break into the database and access sensitive information. www.wdcapitals.com

You can rest assured that when you trade on WD Capitals, there will not be any problem from a security point of view.

Trading

In terms of trading, WD Capitals offers various types of services. You can use not only algo-trading (robot), which allows you to enjoy your profit and not spend a lot of time on it, but also trade with a broker. From my own experience, I can say that trading with a broker brings more profit and allows you to develop in the trading field. Brokers who work at WD Capitals have vast experience and know the market like the back of their hands. They will accompany you from the moment of registration and on your way in this area, helping you understand all the algorithms of the market.
www.wdcapitals.com

The following is a very detailed review of some of the leading features of this trading platform. I will suggest you give this a read to understand why choosing WD Capitals is best for your online trading goals.

BrokerWD Capitals
Websitewww.WDCapitals.com
AssetsCrypto, Indices, Forex, Stocks, Commodities
Broker ReviewOne of the best brokers out in the market
Overall4.8 star
Trust Score4.5 star
Commissions & Fees3.5 star
Research4.0 star
Offering of Investments4.2 star

Deposits and withdrawal methods

One of the many features that I really love about the WD Capitals trading platform is that it gives you the ability to choose between multiple payment methods for making a deposit or withdrawing funds. You can choose between credit cards, debit cards, bank transfers, EFT, and many more. Each payment method has its own characteristics. For example, if you want to make a quick and short transaction, then a credit card/EFT is probably best for you since you can transfer funds to your investment account on the same day. However, the final choice is up to you which payment method you want to use.
What’s more, choosing your preferred payment method is a very simple process and you can do it by clicking a few buttons. You don’t have to waste time filling out long and complicated withdrawal or deposit forms, which is a very time-consuming process. You will be able to track your finances and every cent that goes in and out of your trading investment account.

Conclusion

WD Capitals is a very impressive online trading platform that is sure to benefit all kinds of traders. Whether you are a new trader or an experienced one, you can count on this platform at all times. They are secure, reliable, provide a number of lucrative trading opportunities with a strong reputation in the market. The sign-up process is very simple as well. All you have to do is put in your details, upload a few documents and your identity will be verified within minutes. Wish you luck!


Is WD Capitals Safe?

WD Capitals (www.wdcapitals.com) is considered average-risk, with an overall Trust Score of 86 out of 99. WD Capitals is not publicly traded and does not operate a bank. WD Capitals is authorized by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). WD Capitals is authorized by the following tier-1 regulator.

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