WFM International Review
The tremendous number of online brokers in the market are means that traders looking for a platform will have plenty of choices to explore. But, this comes with one downside. It can be difficult to find the best platform because there are too many options and many of them seem very similar.
In addition, a lot of these brokers might claim to offer you some services, but the truth can be quite different. This can result in a disappointing experience where you end up wasting your time and money. I have shared this WFM International review to help traders in steering clear of this scenario.
I had been very skeptical when I first came across the Wfminternational.com broker because I had been disappointed by a few other platforms I had checked out. But, this one turned out to be quite different, thanks to its features. I have outlined the most important ones below.
A speedy sign-up process
Signing up with an online broker is usually an intimidating task because most platforms come with a number of prerequisites. You have to fill out several forms that require considerable information, which is often a big concern for people.
Secondly, they also have approval procedures that take time. In most cases, people become demotivated because of the hurdles and abandon the process halfway. The sign-up process on the Wfminternational.com trading platform came as a pleasant surprise because it is speedy and short.
The website only had a simple form that had to be filled out and it asks for information like your name, country of residence, email and phone number. There is no extensive data that you need to share with the WFMInternational broker right away, which is a relief. Account verification is needed, but you can do it later before you have to make withdrawals. There is no approval needed for your account, as you are registered immediately.
Access to various markets
Another feature that really appealed to me about the WFM International broker was the fact that it gives you access to various markets. Even if traders start out with trading in one market, such as stocks, they may later want to expand to others. In fact, they will be recommended to do so because it helps in portfolio diversification, a strategy considered key for reducing your risks and increasing your returns. The challenge is finding a platform that gives you the ability to do so.
Even though many of the brokers do claim to offer portfolio diversification opportunities, they tend to be very limited. Therefore, the WFMInternational trading platform took me by surprise because it really does give you access to various markets. They have assets belonging to the stocks, indices, commodities, forex and also the cryptocurrency market.
You can trade assets from these markets through one account and this allows you to spread your investment across multiple markets to keep your risks low. Moreover, it also helps in finding assets that are in accordance with your risk appetite.
Demo trading and other resources
The fact that you have a demo trading option at your disposal when you choose the WFM International broker is another huge advantage because not many platforms will give you this option. With demo trading, it is possible to test the platform and tools of a broker beforehand, so you can determine if it is a good fit or not. It also helps newcomers in dipping their toes in the market without risking their money since they use virtual currency through this account.
Other traders can use it for running their new trading strategies to figure out if they are good enough or need to be tweaked. Apart from demo trading, the WFM International trading platform also gives other helpful resources. Thy have added a considerable amount of learning material that their clients can use for improving and growing their trading knowledge.
You will find a number of e-books and guides that cover different areas of trading. There is also a glossary that newcomers can use to learn the appropriate jargon. Video tutorials and webinars also offer instructions that can be immensely useful for polishing your trading skills and developing new strategies.
Is WFM International scam or legit?
Traders have to deal with a lot of hardships if they end up registering with a broker that turns out to be fraudulent later. Since I wanted to help people avoid any such problems, I looked into the WFM International broker thoroughly to know if it was suspicious in any way, but there were no issues or problems whatsoever. Even other than the aforementioned features, it has plenty more to offer.