most frequently asked questions
A system that refunds a portion of the spread (the commission taken by the brokerage firm) on each trading transaction to the account balance, regardless of the transaction's outcome. The amount refunded depends on your account tier, which consists of six tiers. The first tier starts from an account balance of one thousand dollars up to the sixth tier of fifty thousand dollars and above. (You can contact us to obtain the tier table of the participatory system).
Contact the support team, and we will send you a trial account equipped with the collaborative system based on the tier you want to practically experience. This will allow you to understand its functionality and benefits with real-time account usage.
There are no swap (overnight) or deposit/withdrawal commissions on your trading account, only the spread, which is the commission applied to each trade. On the contrary, Wejha shares a portion of its profits with its clients through the collaborative system, and the spread is significantly lower compared to other companies.
Yes, Wejha offers trading and investment training courses from beginner to expert levels, with courses divided according to each level. Contact the Wejha team to get your training course according to your level of expertise.
Wejha relies on the globally renowned MT5 platform for client trading. You can trade company stocks (Apple, Tesla, and more), foreign currencies (Dollar, Euro, etc.), commodities (gold, silver, oil, etc.), bonds, futures contracts, and other financial assets.
Proof of identity (via passport, personal ID, driver's license, etc.), email, mobile number, and occupation are required. We require you to have clear trading experience, or we will open a demo account for you to practice and learn on.
Bank transfer, office transfers, cryptocurrencies, PayPal, Vodafone Cash, and other payment methods are available to ensure your convenience with Wejha, wherever you are around the world.
The minimum deposit is $200.
The leverage ratio is 1:100.
The margin level is 5%. This means you must maintain 5% of the trade value in your account as collateral. If the margin level in the account falls below this limit, additional funds may be required to maintain open positions and avoid automatic liquidation of your account.