Wonderinterest Trading Ltd offers an interesting entry into the world of financial markets, both for beginners and experienced traders. The firm, which was founded in 2014, has earned the trust of investors thanks to the regulation of the Cyprus Securities and Exchange Commission (CySEC). You can trade a variety of assets on the platform, from CFD contracts to physical shares. The trading tool is the enhanced MetaTrader 5. The flexibility and convenience is further enhanced by the mobile app, which allows trading on the go or anywhere else. In addition to a wide range of products, Wonderinterest also provides educational content to help users navigate the market.
Wonderinterest Trading Ltd. Review – Table of Content
- Basic information about Wonderinterest Trading Ltd.
- Wonderinterest products
- Regulation
- Demo account
- Fees
- Trading – deposits and withdrawals
- Trading platform of Wonderinterest Trading Ltd.
- Wonderinterest trading accounts
- Wonderinterest website and media
- Advantages and disadvantages of Wonderinterest Trading Ltd.
Basic information about Wonderinterest Trading Ltd.
After clicking on the “about us” section, you will learn that the success of the client is a priority for the company and approaches each client individually. The team consists of experts and trained professionals who are happy to help clients navigate the world of investments.
They also point out at the outset that margin trading carries a high degree of risk and is not really suitable for every potential investor. Each client should therefore consider their investment goals, their level of experience and, above all, the degree to which they are willing to risk their finances. It is possible that the client could make a loss, or even lose his entire investment.
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| Company Operator | Wonderinterest Trading ltd |
| Company Name | Wonderinterest |
| Company Operator Seat | Cyprus |
| Founded in | 2016 |
| What do they trade with? | CFDs (Stocks, Commodities, Currencies, Indices, ETFs and Physical Shares) |
| Payment Method | bank transfers, payment card |
| Account Currencies | USD, EUR, CZK, HUF |
| Trading Platform | MetaTrader 5 |
| Trading Fee | yes |
| Inactivity Fee | yes |
| Withdrawal Fee | no |
| Demo Account | yes |
| Minimum Deposit | 250 USD |
Wonderinterest products
Wonderinterest Trading Ltd offers a wide range of products including CFDs and physical shares. Clients can choose between different markets and instruments according to their investment preferences.
Trading CFDs on shares
Share CFDs allow traders to speculate on price movements without physical ownership of assets. The range includes shares of leading companies such as Microsoft, Alibaba, Alphabet and Netflix, giving room to invest in the world’s most important companies.
Trading CFD indices
Trade CFDs on popular indices such as the Dow Jones, S&P 500 or DAX. These indices reflect the performance of the entire economy, offering investors the opportunity to react to global economic changes.
Trade CFDs on commodities
Wonderinterest offers CFDs on a wide range of commodities including oil, natural gas, gold and agricultural products such as coffee and wheat. Commodities are popular as a hedge against inflation and market uncertainty.
Trading forex CFDs
Forex CFDs allow you to trade currency pairs 24/5. This dynamic market attracts traders who want to take advantage of exchange rate fluctuations and speculate on currency price changes.
Trading physical shares
Investors can also buy physical shares, which represent the actual ownership of a company. This type of investment is suitable for longer-term strategies and offers the opportunity to earn dividends and voting rights.
What is a CFD?
We have already mentioned how risky CFDs are. But what exactly is it? Thanks to these contracts, the client can speculate on the rise and fall without actually buying the given contract. Compared to real shares, CFDs are convenient and ideal for short-term speculation. So there is a need to understand this type of investing. Indeed, the company warns that it is completely inappropriate for uninformed investors and long-term investments!
Wondeinterest can trade many different instruments using CFDs. Here just in brief:
- Stocks (hundreds of types – European, American, but also Czech titles)
- 10+ indices (S&P 500, Dax, Dow Jones)
- 50+ forex or currency pairs (EUR/USD, USD/CHF, GBP/USD and others)
- 20+ commodities (classic – gold, silver, platinum, coffee, oil, natural gas and more)
What is financial leverage?
If we as clients decide to trade with CFDs, it is necessary to use the so-called financial leverage. This multiplies the profits, but it can also multiply the losses of our stores. Here, even a small movement in the market is enough and it can bring us significant profits, but it can also cause us to lose our investments very significantly.
The broker cannot choose himself how many times the leverage he trades. This is based on the regulation of the European authority ESMA. And, of course, Wonderinterest also adheres to this to the letter. See the following information on how individual trades are regulated.
- 5x leverage (stock)
- 10x leverage (minor indices and all commodities except gold)
- 20x leverage (minor currency pairs, major indices and gold)
- 30x leverage (main currency pairs)
Regulation
As written on their website: “Wonderinterest Trading Ltd is a Cyprus Investment Company (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 the EU Member States.” Cyprus is probably the most popular jurisdiction for forex brokers due to balanced regulation and favorable business environment. CySEC-licensed brokers must meet certain requirements, such as having at least €730,000, regularly reporting their trades and keeping their clients’ money in segregated accounts.
Demo account
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. This broker offers this option.
Fees
In short, it could probably be said that the fees at Wonderinterest seem to be higher than some other brokers. However, it is necessary to realize that this company makes really big and risky deals that can earn their clients really interesting money. And you need to pay for such a deal.
The trade brokerage commission, inactivity fee and also swap fees seem to be high.
Unfortunately, I couldn’t find the fee schedule directly, but everything can be found in the “trading conditions” section.
Fees for trading physical shares
Trade brokerage fee (commission) – The broker charges a commission fee for the purchase or sale of physical shares. This tends to be very common. The size of the fee is 0.75 % of the order, but at least 500 crowns for each transaction.
So we are back to what I already mentioned once. The broker does not focus on smaller investments, but rather on the so-called “big fish”. A smaller order can therefore become very expensive (for example, when buying shares for 10,000 crowns, you lose 5 %).
Management fee – If a trade position is opened after the market closes, the broker may charge a management fee. However, the size of the fee would need to be asked directly from the broker, because I could not find it on the company’s website.
Spread – Spread refers to the difference between the buy and sell price. Spreads for real shares are very low, practically zero in terms of percentages. This is very good news for investors.
CFD trading fees
Trade brokerage fee or commission Fee – A commission fee is essentially a fee for brokering a transaction. Note, however, that the fee is paid at the opening and at the closing of the store. But it is also important to mention that it does not apply to all traded instruments, but specifically to CFD shares. The size of the commission fee is 0.25 % of the trade, but at least 25 USD (500 CZK) per transaction!
Spread – Spread refers to the difference between the buying and selling rates. This figure tells you how favorable or unfavorable the trading rates are, or how much you will lose on a two-way trade (i.e. buying and selling).
Other fees to mention are, for example, swaps. Otherwise, they can also be called the so-called night fee. This fee is paid when holding a CFD position “overnight”. It is paid once a day for each traded CFD position that you leave open after the market you are trading on closes. If the client were to look for the size of these daily swaps, he needs to visit the company’s trading platform and see everything in detail here.
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Trading – deposits and withdrawals
The good news for potential clients is that you can start doing business with this company very quickly and without unnecessary delays. All you have to do is enter your name, email, phone number and the company will send you a password to your email address. After this event, it is possible to trade in demo mode.
If you want to continue and start trading in a harsh investment environment, you need to fill out a questionnaire, of course personal and contact information, as well as information about your finances. If this happens, funds need to be put into the platform. You can start trading at this point.
However, we must pay attention to one thing. If we would like to withdraw funds, it is necessary to upload copies of 2 personal documents to the system (platform). This is a perfectly normal procedure. This is imposed on every regulated broker by the European Directive and the Anti-Money Laundering Act.
We will now move on to information regarding deposits and withdrawals with this broker.
At Wonderinterest, we can make deposits and withdrawals not only by bank transfer, but also by payment card. Which I consider a big plus for clients. (fast, online). If we make a deposit by bank transfer, the minimum amount is CZK 20,000. If we deposit funds via a payment card, we can deposit only CZK 2,000.
A fee that needs to be mentioned is the inactivity fee. This is relatively high for this company. So if your account is inactive for 1 month, you will pay the company €89. ATTENTION! This is a monthly fee.
The good news, on the other hand, is that all deposits and withdrawals are free at Wonderinterest.
Trading platform of Wonderinterest Trading Ltd.
You can trade with the xStation Mobile app. All you need is your smartphone, and a mobile trading app. You can invest in tech giants like Microsoft, Alibaba, Alphabet or streaming service provider Netflix on your mobile phone.
You can trade on PC if you prefer. WonderInterest Trading Ltd uses the MT5 trading platform preferred by successful traders. MT5 offers intuitive buttons, suitable for both beginners and experienced traders. MT5, the successor to the popular MetraTrader4, includes several innovations that will make trading easier and more enjoyable. You have 6 new types of pending orders, 38 technical indicators, 79 analytical tools for technical analysis and you can also export the data to an Excel file.
Wonderinterest trading accounts
In the review, we already mentioned that the broker does not focus only on small investors but can offer interesting investment options to large investors or companies that have decided to invest a financial amount of up to USD 1,500,000.
If we click on the trading tab, we will immediately find the trading accounts section. Thanks to the clear tabs, the possibilities of trading and what we get with each account from the company Wonderinterest are immediately spread out. I really like the clarity, simplicity and comprehensibility here.
Types of accounts
- 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 $750,000)
- FUSION (minimum deposit from 1,500,000 USD)
It is of course logical that the company offers services according to the amount of the investor’s funds. However, the company will offer us these services for all these accounts.
- Free business account
- No fees for deposits and withdrawals
- Communication with the company in the local language
- Option to choose 3 trading platforms
- 24/5 client support
Of course, there is a “open an account” tab for each of these variants of accounts. Therefore, clients do not have to search for a long time and will immediately use their chosen option. I rate this very positively.
We have already said that the more funds we invest, the more benefits we can take from the company. Specifically, this applies to spreads. For example, in the “SOLAR” variant of the account, the spreads are lower by 45 % compared to the “WATER” variant. In the “NUCLEAR” and “FUSION” variants, there is also an individual approach and even a personal financial manager.
Wonderinterest website and media
Design and Sustainability
The company’s website is designed in black and green—a fitting color scheme for a firm focused on sustainable investments. Upon visiting www.wonderinterest.com, users can explore the full range of services and information by navigating through the simple, right-hand menu.
User-Friendly but Lacking Background Information
The overall layout is clean and client-friendly, making it easy for users to find relevant information. However, more background on the company itself would be beneficial. When entrusting funds, clients often seek a deeper understanding of the institution managing their investments. Adding a section on the company’s history, mission, and values could enhance transparency and trust. Additionally, a clear overview of fees or a standard tariff structure would provide clients with essential cost-related details.
Clarity and Focus on Essentials
The simplicity of the website is refreshing. It’s not overloaded with flashy elements that could distract from what truly matters in the financial world. This focus on clarity ensures clients can concentrate on their investment options without unnecessary distractions.
Meet Olívia Lacenová: A Personal Touch
A unique and valuable aspect of the Wonderinterest website is the presence of Mrs. Olívia Lacenová, a leading analyst who specializes in fundamental analysis, particularly within the green investment sector. With her background in commodities and precious metals, Olívia adds credibility to the company’s focus on sustainability. She regularly publishes blog posts, offering insights and guiding clients on how to approach various investment scenarios.
Ongoing Education and Youth Engagement
Through Olívia’s contributions, clients can access weekly updates on green investment trends. Her involvement extends beyond content; she also delivers lectures and collaborates on webinars, focusing on educating young people about finance and investment. In an industry where understanding financial products can be challenging for newcomers, especially youth, these educational efforts are commendable and valuable.
Final Impressions
Overall, Wonderinterest Trading Ltd earns a strong recommendation. The personal touch from a dedicated professional like Olívia can resonate well with clients. In addition, the commitment to educating younger generations aligns with the growing need for financial literacy. Young people interested in finance and investment benefit greatly from such initiatives, as they lay the foundation for informed decision-making in the future.
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Advantages and disadvantages of Wonderinterest Trading Ltd.
If we were to talk about whether the company is suitable or not for trading with your finances, you need to realize that this company does its “business” a little differently. Now let’s look at the advantages and disadvantages that I see in the possibility of trading with Wonderinterest.
Advantages:
- CySEC license
- Support for the Czech language and payments in Czech crowns
- Real shares and CFD contracts in one place
- Free deposits and withdrawals
- Clear and client-friendly company website
- Deposits and withdrawals can be made both by bank transfer and payment card
- Media – mention of the chief analyst on the company’s website
Disadvantages:
- High fees
- Minimum fee of 500 CZK for share trading
- Terms and conditions are in English only
- A specific tariff or list of fees is missing
- Targeting more at large investors
- The missing part of education
- Inadequate company introduction
A client who decides to do business with this company will certainly find his own positives. We’re keeping our fingers crossed that investments grow.
Read about other brokers and how we rate them here.
