Wisdom Financial Service vs Covenance

Both forex brokers have built a positive reputation, and feedback from our members supports that. Both brokers have the same overall rating, 0. Wisdom Financial Service has a higher minimum deposit than Covenance, at 100.0. Both platforms offer their clients demo accounts, mobile trading. Traders should note that both companies offer the same minimum lot size 0.01, but Wisdom Financial Service has a maximum lot size of 10.0, while Covenance offers 100.0. Wisdom Financial Service offers a greater leverage limit of 1:100000, whereas Covenance allows a maximum of only 1:100.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
0/5 (0 reviews)
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0/5 (0 reviews)
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Minimum deposit ($) 100.0 30.0
Commission - 12.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 4 5
Minimum lot size 0.01 0.01
Maximum lot size 10.0 100.0
Spread Variable Variable
Broker type STP, ECN, Market Maker, Pro STP, ECN, Cent
Maximal leverage (1:?) 100000 100
Availability STP, ECN, Market Maker, Pro STP, ECN, Cent
Regulation - -
Trading Platforms MetaTrader 5 (MT5) MetaTrader 5 (MT5)
Funding/Withdrawal methods Credit Card, Cash Bitcoin, Crypto, USDT
Account Currency USD USD
Languages English English
Country Singapore Comoros
Trading platform(s) timezone Singapore Comoros
Other trading instruments - -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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