WesternFX Review
2
Review
Fast Facts
Account types
| Standard Account | Prime Account | VIP Account | ECN Account | Zero Spread Account | |
|---|---|---|---|---|---|
| Minimum Deposit | 25 USD | 10'000 USD | 20'000 USD | 250 USD | 500 USD |
| Maximum Leverage | 1:500 | 1:100 | |||
| Spread from (pips) | |||||
| Commission per lot (USD) | 0 | ||||
| Minimum Trade Size | 0.01 | ||||
| Step | |||||
| Execution Type | |||||
| Trading Instruments | Stocks, CFDs, Indices, Energies, Metals, Forex | ||||
| Margin Call | |||||
| Stop out | 10% | 20% | |||
| Swap Free | |||||
| Currency | USD | ||||
Deposits / Withdrawals
- Deposit Methods: Bank Wire Transfer, Visa, MasterCard, UnionPay, Neteller, Perfect Money, FasaPay
- Withdrawal Methods: Bank Wire Transfer, Visa, MasterCard, UnionPay, Neteller, Perfect Money, FasaPay
- Account Currencies: USD
Contact Info and Support
Western Group Inc. Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | 8412957 |
| Country Code | US | |
| Country Rank | 3750284 | |
| Category Rank | 15219 | |
| Engagement metrics | Visits | 1991 |
| Bounce Rate | 0.3753 | |
| Pageviews per Visit | 1.45 | |
| Avg. Visit Duration | 13.83 | |
| Estimated monthly visits | March 2026 | 2618 |
| April 2026 | 2322 | |
| May 2026 | 1991 | |
| Top countries | United States (US) | 65.47% |
| India (IN) | 34.53% | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - | |
| Top keywords | 100 percent trading signals | ◦ $120 |
| free forex signals | 1380 ◦ $2.51 ◦ $0 | |
| ftf values calculator | 770 ◦ $0 | |
| new york trading session time compare to mongolia | 720 ◦ $0 | |
| do charles schwab charge you for trading fx or the fee is on the spread? | 660 ◦ $0 |
About WesternFX
WesternFX is operated by Western Group Inc., registered in Saint Vincent and the Grenadines with company number 21937‑IBC under the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), which does not license or regulate forex/CFD trading activities (). The broker offers multiple account types—Standard, Prime, VIP, ECN, Zero Spread—with a minimum deposit ranging from USD 25 to USD 20,000, maximum leverage spanning 1:100 to 1:500, variable spreads, USD as base currency, Islamic (swap‑free) options on selected accounts, and supports trading via MetaTrader 5; hedging, scalping, EAs, NBP options are not available ().
WesternFX is registered under a Tier‑3 offshore jurisdiction without investor protection schemes or meaningful oversight; the Spanish regulator CNMV issued a warning due to lack of authorization in Spain (). The broker is not available to residents of the United States, United Kingdom, Canada, Spain, Germany, France, Italy, or EU countries, among others ().
Who it’s for
- Experienced traders comfortable with high counterparty risk and minimal regulatory oversight
- Those seeking diverse account types with high maximum leverage (up to 1:500)
- Traders requiring Islamic (swap‑free) accounts
- Those using MetaTrader 5 who prefer offshore brokers
Pros and cons
Pros
- Very low minimum deposit (USD 25) for Standard account
- Supports multiple account types including STP/ECN and Islamic accounts
- High maximum leverage up to 1:500
- MetaTrader 5 platform support
Cons
- Not regulated by any meaningful financial authority; SVG FSA does not license forex/CFDs
- No investor compensation, fund segregation, or regulatory protections
- Official warning by CNMV for unauthorized operation in Spain
- Service unavailable to many major markets including the USA, UK, EU countries
