BrokAIr Reviews

Whotrades Review

"Whotrades is one of the few online brokerages that offers its customers a unique approach to trading - it allows them to interact with the platform in real-time. But does this new technology come with hidden risks?"

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Overview of Whotrades

Whotrades is an online brokerage founded in 2010 by a team of professionals with a variety of backgrounds in the financial services industry. The company is based in Cyprus and offers its clients a wide range of trading instruments, including currencies, stocks, indices, commodities and cryptocurrencies. With its comprehensive trading platform, competitive spreads, fast execution and low fees, it has become one of the most popular brokers in the world.

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Public Opinion of Whotrades

Overall, Whotrades has received positive reviews from customers. The majority of reviews praise the company for its wide range of trading instruments and competitive spreads. However, some customers have noted that customer service options are limited and the lack of research tools is a drawback. Additionally, there is no dedicated mobile app which some users find inconvenient.

Newsworthy Events Around Whotrades

In 2018, Whotrades became regulated by CySEC as an Investment Firm and along with that provided clients with negative balance protection as required by MiFID II directive. In 2020, Whotrades launched a new version of their trading platform - Whotrades PRO MT4 with significantly improved speed and reliability.

In 2021, Whotrades joined forces with the European Legion to bring more education and awareness to the Forex market. They also launched a new initiative to provide free trading signals to their clients.

Click here to visit the company's website.