Reviewed broker: Tigerwit
Operated by TigerWit Holding Limited
Location: China, with offices in Beijing, Shanghai and Nassau
Regulation: Financial Conduct Authority(FCA) and Securities Commission of The Bahamas(SCB)
Established in 2015
Open an account in minutes – online or on the app – and start to trade.
A Variety Of Trading Products
Forex
Access 60+ Forex Pairs
Enjoy Three types Forex Leverage
Precious metal
High Leverage, up to 200:1
Low cost, gold trading allows less than USD $50 per lot
One account can trade gold and silver
Crude oil
Hedge transaction, reducing trading risks
Low cost, around RMB ¥2 per ton
A one-time limitation is valid more than one day
CFD
Include mainstream CFDs, such as US30, USA500, NAS100, JPN225, EUSTX50.
Why TigerWit
Stable MT4 Platform
Dealing in milliseconds, high stability and safety ensuring an exceptional trading experience
One to one support service
One to one support service, VIP-level professional service
Leverage utilization
50-,100- and 200-times leverage, flexibly satisfying your needs in terms of risk control and capital management.
Instant deposit and withdrawal
Real-time deposit and withdrawal. Efficient,safe and secure.
Trading Platforms and Conditions
TigerWit offers an demo account on which to practice trading with virtual funds, and a Live account on which to trade with real funds. Demo account are opened immediately. A Live account will normally be approved within minutes; however, we may request copies of ID to complete the process.
MT4 Software
MT4 trading platform can instantly view of gold, silver, foreign exchange, stock and futures market, and can be simulated trading. Powerful MT4 trading platform, the page is simple, easy to operate, the most important feature is easy to use opening positions, investors can only make a stop set for risk control. MT4 trading platform in addition to providing real-time quotes and trading functions, including 18 kinds of line drawing tool, 9 trading session chart options, 30 kinds of international popular technical indicators and sound warning prompt. Users can be the next single, open, limit orders, stop, only to win, view real-time news, announcements, warning, view the report, as well as data analysis and processing operations.
Margin that is as low as 2%
Low threshold and transparent quotation
Note: Tigerwit App simplifies and streamlines client trades in innovative environment
Currency pairs: 60+
Trading methods: wide range of methods and strategies are accepted
Transparency: yes
Minimum trade lot size: 0.01
TigerWit Global offers up to 200:1 leverage depending on the product being traded.
Variable spreads start from 0.7
Trailing stops: supported
Expert advisors: available
Slippage occurs when an order is not filled at a specified price, generally because of low liquidity or price gaps.
There are no time limits to open orders, however you must maintain sufficient funds to cover margin requirements and swap adjustments.
Demo account: yes. Unlimited
Introduction to TigerWit currency pairs
| Product code | Average spread (points) | Leverage | Digits | Minimum trading volume | Per standard lot Contract volume | Trading time | time zone |
|---|---|---|---|---|---|---|---|
| AUDCAD | 2.4 | 100 200 400 | 5 | 0.01 | 100000 | Mon.-Fri. 00:05-23:55 | GMT+3 |
| AUDCHF | 2.1 | 100 200 400 | 5 | 0.01 | 100000 | Mon.-Fri. 00:05-23:55 | GMT+3 |
| AUDJPY | 2.1 | 100 200 400 | 3 | 0.01 | 100000 | Mon.-Fri. 00:05-23:55 | GMT+3 |
| AUDNZD | 2.5 | 100 200 400 | 5 | 0.01 | 100000 | Mon.-Fri. 00:05-23:55 | GMT+3 |
| AUDSGD | 3.1 | 100 200 400 | 5 | 0.01 | 100000 | Mon.-Fri. 00:05-23:55 | GMT+3 |
| AUDUSD | 1.9 | 100 200 400 | 5 | 0.01 | 100000 | Mon.-Fri. 00:05-23:55 | GMT+3 |
| TigerWit also provides the trading products of cross currency pairs of the above major currency pairs. |
COPY TRADING. Follow a master’s trading automatically
Social trading: yes. You can choose a “Master” to follow based on the return (stable, high accuracy, or high yielding with stats showing the profit rates within 30 days, amount of followers, transaction style and risk involved.
- 1 Select your favorite master.
- 2 Set the copy amount.
- 3 Enjoy the same strategic trading as the masters.
- 4 Be a master, earn 20% of followers’ profit.
Payment Options for Deposits and Withdrawal Processes
Payment methods: Bank transfer, Online payment by Union pay card
Minimum deposit requirement: $50
Only the approved live accounts can withdraw funds; The clients can only withdrawal after depositing; Trading behavior is required after depositing; The minimum withdrawal amount is USD30.
Customer Service and Promotions
Customer support: email, phone (one on one support service, VIP level professional support). At the moment online chat doesn’t seem to be available
Promotions and bonuses: at the moment of the review, the broker offered up to $1,000 bonus
Questions Answers about Tigerwit
How to open an account with Tigerwit?
Please click Register successfully at TigerWit, the system will remind you to choose to open an Trial Account or Real Account before you transaction, after completing the relevant process can open an account.
How long does it take to open an account?
You can open the account on TigerWit immediately with complete information.
What are my options for depositing money into my account?
You can deposit money in your account in the following ways: Bank transfer, Online payment by Union pay card
How long does it take to transfer my funds to my transaction platform?
UnionPay online payment to bank crediting time prevail. Telegraphic Transfer generally 3-5 working days to be credited to your account.
Can I make withdrawals in case of pending transactions?
No, you cannot request withdrawal while pending transactions at Tigerwit.
What is the minimum amount for opening a transaction account at Tigerwit Forex Broker?
Minimum amount is $200.
Can a bonus be withdrawn?
About withdrawal of a bonus, please pay close attention to relevant activities or consult online client service.
Is there a withdrawal Fee?
The first 4 withdrawals are free. After that a fee of $1 will be charged for each withdrawal.
What’s the minimum amount during a transaction?
0.01 lot
How much leverage can you get with TugerWit account?
Fx, Precious metals: TigerWit offers 3 kinds of leverage, 50 leverage, 100 leverage, 200 leverage. Crude oil, Natural gas, CFD: TigerWit only offers 100 leverage.
What are the fees in the trade?
The CFD charges $ 10 per standard lot. FX, Precious metals, Crude oil, Natural gas without commissions and fees, Only charge the spread.
How was the rating of TigerWit performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on TigerWit FX broker performance and features.
Overall our online TigerWit review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online TigerWit or you find inaccurate details TigerWit Capital broker review please get in touch with us and the changes will be applied.
