What Account Types and Fees Does WNS Trade Limit Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low initial deposit, flexible leverage up to 1:500 |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, lower spreads |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customizable services, advanced trading tools |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
Compliant with Sharia law |
Documentation required for eligibility |
| Demo Account |
All traders |
Practice trading without risk |
No deposit required; unlimited access |
Account Opening Process
Opening an account with WNS Trade Limit is a straightforward procedure. To start, visit their official website and locate the ‘Login’ button in the menu. Click on this button and select ‘Register Now’ to initiate the registration process. You will need to provide essential personal information, including your name, email address, and a password. If applicable, you can also enter a referral code. Once you have filled in the required fields, click ‘Register Now’ again to complete your registration.
During the account setup, you will also need to submit identity verification documents, including a valid ID and proof of address. This step is crucial for compliance with regulatory requirements. WNS Trade Limit offers account flexibility, allowing you to upgrade from a retail to a professional account as your trading experience and volume increase.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive rates for GBP pairs |
| CFDs (Stock Index) |
1.5 |
$5 per lot |
Includes major indices |
| CFDs (Commodities) |
2.0 |
$4 per lot |
Includes gold and silver |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
WNS Trade Limit imposes several additional fees that traders should be aware of. These include deposit and withdrawal fees, which vary depending on the payment method chosen. Inactivity fees may apply to accounts that remain dormant for an extended period. There may also be platform usage fees associated with certain trading tools. Overnight interest, commonly known as swap rates, will be charged on positions held overnight, while currency conversion fees may apply for transactions involving different currencies.
