WiseTrader gives traders an opportunity to trade on a proprietary web-based platform. Web-based platforms are the ones that require no download, so traders can use multiple devices for trading. However, it is no secret that most CFD and Forex traders prefer Metatrader platforms that require download and installation but are also supported via the browser. This gives them more trading solutions from the technical point of view.
WiseTrader Crypto Trading
Traders will be thrilled to find out how this broker supports trading with hot new underlying assets – cryptocurrencies. Under ‘forex’ tab on the trading platform, traders will find many popular pairs that are a combination of hard currencies and cryptocurrencies. They can trade pairs that contain: Ripple, ethereum, bitcoin, and dash. Bear in mind that in forex trading, traders never hold the ownership over the underlying asset, but can still trade based on their movement. This means you are not in the ownership of the crypto you are trading.
WiseTrader Forex and CFD Trading
Forex and CFD trading takes place on the same platform as crypto trading. All you have to do is navigate through tabs.
CFD section offers indices, commodities, and stocks, while forex section has all popular major and cross pairs. We liked to see all underlying assets neatly organized, so no trader will experience difficulties looking for the underlying asset they are interested in.
On the right side of the trading platform, traders will find a chart that follows market movements and can be used during the process to exit the trade on time.
Leverage is, for most pairs, up to 1:200, and spread for EURUSD is 3 pips.
WiseTrader Mobile Trading
Unfortunately, WiseTrader offers no mobile app you can use to trade on the go. You can still open the platform on your mobile browser, but such approach is not welcomed in case you wish to conduct short analysis, as the trading interface is not adjusted to trading on a small screen and with a touch of a finger.