The New Wastrad Broker For Day Trading
OFFICAL WEBSITE: WASTRAD.COM
Finding a good broker for day trading is much easier said than done, which is why we are so happy about the release of this new Wastrad broker. Quite honestly, we have now been waiting for quite some time for a new broker like this to come out, one that is honest, reliable, and doesn’t make you pay through the nose each time you trade.
Wastrad is a new broker, and yes, there is some testing that needs to be done, but from what we have gathered so far, it’s quickly going to be one of the most popular day trading brokers out there. These guys offer many different day trading services, they have various account levels, lots of available payment processors, and more. This is our small Wastrad broker introductory review, and we want to tell you all about it.
Wastrad Demo Account
Don’t forget folks, that there is a Wastrad demo account for you to try out free of cost. It doesn’t cost a single penny and doesn’t come with obligations. It’s great to just see what this broker is all about. You can test it out, see how it functions, and if you like it, you can then sign up for a fully functional account.
Various Wastrad Accounts
One of the really neat things about this Wastrad broker is that there are 3 main accounts which you can sign up, each with slightly different features. It’s the kind of broker that is ideal for newbies and pro traders alike.
Standard Account
- 50 USD/EUR minimum deposit, or 0.005 BTC, with unlimited maximum deposit
- 1:200 maximum leverage
- All instruments
- 01 minimum order volume, with 100 maximum order volume
- STP Market Execution
- 50 ms average ping
- Floating spread from 1.3
- 0 commission
- 200% margin call
- 100% stop out
- No Requotes
- All EAs accepted
Elite Account
- 50 USD/EUR minimum deposit, or 0.005 BTC, with unlimited maximum deposit
- 1:200 maximum leverage
- All instruments
- 01 minimum order volume, with 50 maximum order volume
- STP Market Execution
- 50 ms average ping
- Floating Spread from 0
- 5% commission per lote
- 200% margin call
- 100% stop out
- No Requotes
- All EAs accepted
Prime Account
- 50 USD/EUR minimum deposit, or 0.005 BTC, with unlimited maximum deposit
- 1:200 maximum leverage
- All instruments
- 01 minimum order volume, with 100 maximum order volume
- STP Market Execution
- 50 ms average ping
- Floating Spread from 0.2
- 4% commission per lote
- 200% margin call
- 100% stop out
- No Requotes
- All EAs accepted
Services Offered By Wastrad
Something that really stands out about Wastrad is the wide variety of assets you can trade with through them, as well as the variety of services offered. One of the best aspects here is that Wastrad charges really low commissions, and often doesn’t charge anything at all. It’s one of the most honest and cost effective brokers around as far as we are concerned. Some of the trading services which this broker offers include Forex, CFD, Crypto, social trading, MAM, and PAMM. It’s quite the selection indeed!
Wastrad Broker – Final Thoughts
The bottom line is that Wastrad is a broker which we would recommend trying out. If anything, if you aren’t too sure as of yet, you can always test out the demo account for free, and then sign up for a basic account if you are pleased with this broker. There are of course many different types of trading available here, many account options, super low commissions, and Wastrad is super user friendly too. It’s one of the best brokers that have been released as of late, and we would absolutely recommend giving it a shot.
If you would like to find out more about cryptocurrencies and cryptocurrency trading, go to our Cryptocurrency Explained section!
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