Wonderinterest Trading Ltd provides trading opportunities for clients in a global market environment. It was founded on May 29, 2014. like most brokers, Wonderinterest offers a good start with a demo account. You can choose from CFD products or trade physical shares. You trade Wonderinterest via MetaTrader5 or your mobile phone. Their official website is www. wonderinterest.com. It is a Cypriot investment company supervised and regulated by the Cyprus Securities and Exchange Commission. Cyprus is the most popular jurisdiction for forex brokers due to its balanced regulation.
Table of Content
Wonderinterest is a new trader in the world of Forex, and apparently they have brought a heavyweight in the world of Finance, Slovakian Olivia Lacenova, into their ranks. Her texts are very educational and often very accurate. That’s where I would see the big advantage of this broker. Another big plus is the very clear, clean site.
The website is directed so called green, naturally leading to investing in mostly environmentally less polluting companies. A great move that will surely be welcomed by a large number of potential customers.
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Basic information about the broker
| 📱Mobile app | Yes – Apple, Windows |
| ✅ Demo account | Yes |
| 🖥 Trading platform | MetaTrader 5 |
| 💵 Trading fees | Yes |
| 🎓 Education | Yes |
| 📞 Support | Yes |
Wonderinterest broker products
Offering CFD trading where you can invest in tech giants such as Tesla, Alibaba, Alphabet, or streaming service provider Netflix, INDEXY CFDs allow you to track and trade the underlying Dow Jones Average, S&P 500, Nasdaq Composite, DAX, EUROSTOXX 600 and many more. CfD commodities include oil and natural gas, also precious metals such as gold, silver and platinum and for those who prefer agricultural commodities there is coffee, cocoa, wheat and more. You can also trade CFD Forex. Physical shares represent a share of ownership in a company.
Trade CFD shares on Wonderinterest:
This product allows you to speculate on the future market movements of the underlying asset without owning or taking physical delivery of the underlying asset. In finance, a contract for difference (CFD) refers to a contract between two parties, a ‘buyer’ and a ‘seller’, which commands the seller to pay the buyer the difference between the current value of the asset and its value at the time of the contract.
While trading indices CFDs:
allow you to track and trade the underlying Dow Jones Average, S&P 500, Nasdaq Composite and many others.
allows you to track and trade the underlying index Dow Jones Average, S&P 500, Nasdaq Composite and many others.
Commodities CFDs:
CfD commodities are oil and natural gas, also precious metals such as gold, silver and platinum.
Or trade CFD forex:
If you want to trade Forex via CFDs, you need to understand the basic foreign exchange market. CFDs are an alternative way of trading forex currency pairs.
Regulation of Wonderinterest broker
As it says on their website, “Wonderinterest Trading Ltd is a Cyprus Investment Firm (CIF) supervised and regulated by the Cyprus Securities and Exchange Commission (CYSEC)”. Also: “Wonderinterest Trading Ltd provides the following investment services relating to the financial instruments listed below in EU Member States.” Cyprus is probably the most popular jurisdiction for forex brokers due to its balanced regulation and favourable business environment. Brokers licensed by CySEC must meet certain requirements such as having at least €730,000, reporting their trades regularly and keeping their clients’ money in segregated accounts.
Wonderinterest trading accounts
Wonderinterest offers several types of trading accounts, which differ in terms of minimum deposit and services provided. Each account is designed to meet the needs of different investors depending on the size of their investment:
- Coal (minimum deposit up to $100,000)
- WATER (minimum deposit from USD 100,000)
- SOLAR (minimum deposit up to USD 300 000)
- NUCLEAR (minimum deposit up to USD 750 000)
- FUSION (minimum deposit from USD 1 500 000)
Each of these accounts offers different benefits. The company provides a free trading account, no fees for deposits and withdrawals, the ability to communicate in the local language, and the ability to choose from multiple trading platforms. Clients can also take advantage of 24/5 customer support.
Higher investments mean better conditions, such as lower spreads. For the SOLAR account, spreads are up to 45% lower than for the WATER account. For the NUCLEAR and FUSION accounts, individual access and a personal financial manager are available. Each account has its own section for immediate opening, which makes the whole registration process easier.
Demo account on Wonderinterest
Using a demo trading account means you don’t have to worry about losing money, you can gain skills before you start trading. It is a good learning tool for beginners.
Example of fees from the website
Wonderinterest Broker Fees
Broker fees may vary and change, there may be additional fees not listed in this review. The leverage is on average 1:5 and the spread is from 0.05. The commission on CFDs is 20%. With CFD indices, the leverage effect is up to 1:20, the spread in PIPS is different. Exact information about each product is displayed on their website.
Broker fees may vary and change, there may be additional fees not listed in this review.
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Official website of Wonderinterest
The website is also well designed. These are available in five languages, including Czech and Slovak. This means that even investors without English skills can enter the markets very easily. The colors are dynamic and pleasing to the eye. No more blabber and it’s very intuitive. At the top of the page you can login or register, then there is a slide of 3 nice pictures and another option to “join”. If you go further down, you can go to the mobile app, view their products, or go to the merchant guide.
I loved the website. The colors are dynamic and pleasing to the eye. No more blabber and it’s very intuitive.
They wrote a few words about them and then Green Investments, about which they said: “We analyzed the TOP 10 “green investments” and focused on companies that we consider to be pioneers in the market and at the same time fundamentally adhere to the principles of ESG and sustainable development.
“Green practices are not economical” is one of the elements discussed in the first video. Emphasis on the environment has become an essential part of the business itself. In other videos you can learn more about companies like Tesla etc.
And the last part of the main page is a link to the platform information. Footer includes links to merchant guide, company profile, products and legal information. The merchant guide, as I mentioned earlier, is for all merchants, especially newbies like me, and there they explain what products they have and what they do.
On the right side of the Merchant Guide you have the Merchant Dictionary. There you will find phrases like what is a stock market, what is a bear market, explained.
Based on your experience, you can then choose your level of knowledge and get the right information you need. What I like is how they explain the basics for example. They describe the steps one by one. They use simple terms but no graphics which could be helpful I think.
“Green practices are not economical” is one of the elements discussed in the first video. Emphasis on the environment has become an essential part of the business itself.
Everything works well, quickly and without problems.
Another good part of their website is about the lead analyst, Olívia Lacenová. They say: “he has been working in the world of financial markets for more than five years. She started in the sales department, where she focused on clients trading CFD instruments. She later moved to the analytical department. The subject of her interest is mainly fundamental analysis with a focus on green investments. He also has extensive experience in commodities and precious metals. In addition, she provides her own blogs, lectures for young people and collaborations on various webinars from the world of investment topics.” Below this description and a great photo of Olivia, you have analyzes that you must go through.
Another good part of their website is about the lead analyst, Olívia Lacenová. They say: “he has been working in the world of financial markets for more than five years.
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Social media
They offer a visit to Facebook, Instagram, Twitter and Linked In. They are quite active on all their social networks and bring interesting content. If you trade with Wonderinterest, you’ll learn interesting news about the company’s activities as well as news from the world of business
Review Summary
While the website looks great, there are a few places I was unhappy with or even found missing. There is no chatbot to talk to, but there is a contact form you can fill out if you need to talk to someone about an issue. An address and phone number are also available. They offer a demo account which is great and it only took a few minutes to sign up. But then the demo didn’t work so I got nowhere. They offer a mobile app and a desktop platform for Android or IOS. From what I’ve seen MT5 works well and good. They offer CFD trading and physical shares. The website is simple and well designed, but the social accounts are not active and some links from their website do not take you to them. It looks good, but it just doesn’t seem “finished”.
Advantages:
- Regulated
- CFDs and Physical Shares
- Green investments
- Demo account
- Chief Analyst
- IOS and Android
Disadvantages:
- No chatbot
- Fees are complicated
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