WynnFinance Broker Review

WynnFinance Broker Review
Ines Matkovich
This broker is closed. Try trading with HighLow instead. WynnFinance claims to be one of the best and most reputable binary brokers around, and in this review traders will find out if that is really the truth. This binary broker offers some very interesting assets, so, according to them, every trader can create a winning... Read more
This broker is closed. Try trading with HighLow instead. WynnFinance claims to be one of the best and most reputable binary brokers around, and in this review traders will find out if that is really the truth. This binary broker offers some very interesting assets, so, according to them, every trader can create a winning portfolio in very short time. Their customer team is supposed to be full of market specialists and experienced market participants. Read fully detailed WynnFinance review below.
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  1. Website preview

  1. WynnFinance Broker review

    This broker is closed. Try trading with HighLow instead.

    WynnFinance claims to be one of the best and most reputable binary brokers around, and in this review traders will find out if that is really the truth. This binary broker offers some very interesting assets, so, according to them, every trader can create a winning portfolio in very short time. Their customer team is supposed to be full of market specialists and experienced market participants. Read fully detailed WynnFinance review below.

  2. WynnFinance Special features

    WynnFinance put a lot of effort into creating several account types. This means that every trader will be able to find one that suits him best. Such approach is great practice, as it shows the will to create customized environment for all types of traders.

    The basic account requires at least $500 minimum deposit. Traders who opt for this account can get up to 25% bonus. Users will also have access to weekly market updates and educational e-book.

    A standard account becomes available with $1,000 deposit. Traders can also get up to 25% bonus, and all benefits of basic account, but they also get an opportunity to enjoy academy membership and one trading strategy.

    A silver account is available with $5,000 minimum deposit. Traders who select this account also get webinars, 30% bonus, one risk-free trade, weekly signals, one academy session, and daily market reviews for better trading results.

    Users who opt for the gold account must count on at least $10,000 deposit. They get 45% bonus, and daily signals accompanied by 3 risk-free trades and 3 training session. They can participate in live webinars and talk to a dedicated senior analyst.

    The platinum account is available after $25,000 minimum deposit. The trader gets 60% bonus, 5 risk-free trades, and 5 training sessions, as well as live webinars and daily signals. They also get a dedicated broker and same day withdrawals opportunity, just like as MMS system.

    The expert account is available after $50,000 minimum deposit. It is accompanied by 80% bonus, daily market reviews, 10 risk-free trades, academy VIP live webinars, MMS, daily signals, dedicated broker and expedited withdrawals.

    VIP account is available only upon request. It has many benefits such as exotic vacations, huge bonuses etc.

    As it can be seen above, every account has a great bonus attached. In terms and conditions, it is stated that the required turnover varies between x30 and x50, but can also be x20 for a refund bonus. It is never explained what affects the required turnover, so make sure to check all terms with your customer support.

    There are some additional requirements that must be fulfilled regarding using risk management tools and reaching turnover – all trades below risk management level of 55% or 30% won’t be counted as trading volume, but they fail to explain when is what percentage used.

  3. Your capital is at risk

    WynnFinance Trading software

    WynnFinance is using Panda TS software for supporting their binary trading platform. WynnFinance review showed that the platform is very user-friendly and promises good trading experience. Also, it is important to mention how the website is well designed and easy to use. All information can be accessed even from the top navigation bar, or the bottom of the website.

    WynnFinance is a broker that offers many trading solutions. For example, traders can trade turbo (or hyper, as they call them) options, high/low, one touch, and range options. They can also copy trades and follow leader traders in order to make a profit. WynnFinance review showed that the entire platform is very easy to use.

    Traders can also experience one-click trading.

    Apparently, WynnFinance is offering trading via mobile phone and tablet, so traders aren’t attached to their desk computer in order to place trades.

  4. WynnFinance Support information

    Customer support is very important part of binary trading. Customer support at WynnFinance was never online on the live chat when we wanted to reach out to them and ask them a question. This makes no sense, as live chat should be available all the time, otherwise it is not live! Offline agents are equal to sending emails – a bit slow and outdated way of communicating with a broker. Besides the live chat WynnFinance also offer email, online form, and several phone numbers for traders (UK, US, Canada, New Zealand, Japan and Australia).

    When it comes to education, WynnFinance review showed that all looks nice and dandy, but there is a lot of space for improvements. For example, the economic calendar is not working, and all it says is ‘coming soon’. In order to participate in the Academy, traders have to make a special request, which basically means that the educational material is limited.

    Traders can still use very convenient FAQ section that answers simple and straightforward questions regarding trading like minimum deposit, minimum withdrawal etc. However, it is impossible to replace proper education with simple FAQ.

  5. WynnFinance Payment Methods

    WynnFinance is a broker in the ownership of waterfall Partners Ltd. This is not a regulated broker.

    WynnFinance review also showed that this is a broker that allows minimum deposit in the amount of $250, and minimum withdrawal in the amount 30 or 100. Withdrawals starting with $30 are supported only for credit cards, debit cards and Neteller, while bank wire withdrawals are limited to $100 minimum.

    Maximum withdrawal via credit card is $20,000 and $1,000 for Neteller. Bank wire withdrawals carry no limitations. First withdrawal in a month is always free of charge, and all other withdrawals are charged $30. It remains uncertain how the month is calculated (trading month from the account opening, or calendar month). Traders who use a credit card can make a withdrawal to the same card only in the amount that equals to the deposited amount. All other profits will be transferred via different methods used.

    Even though the broker claims to support numerous methods, the only method offered to us after registering were credit cards. If you want to use a different method, make sure to really get the opportunity to do so.

    It may take WynnFinance up to 7 days to process the withdrawal and additional 5-10 days for funds to be visible on the account. This can be considered somewhat long, as such transactions are almost automatic these days, and there is no need to wait for so long.

    In case the trader accepted a WynnFinance bonus, additional terms and conditions apply.

  6. Your capital is at risk
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