WIN4TRADER Review | Can It Truly Be Trusted or Is It Involved In a Scam?

by Kevin Berry
  1.6/5   Reviews: 4

The British broker WIN4TRADER offers to become a trader. Here, CFD trading, spread betting, and investing in stocks are available. It is unknown when the company was founded, but the official website states it is regulated by the Financial Conduct Authority, with segregated client fund storage, and all deposits are under FSCS protection. It seems safe and profitable, but is it really? Can the firm truly be trusted or is it involved in a scam? Online reviews did not provide us with a clear answer to these questions, so we will conduct our own investigation.


🏛️ Country United Kingdom
⚠️ Regulation
🖥️ Website https://trade4w.co/
🎲 Demo Account No
⏳ Start Time 2022
💲 Minimum Deposit $20
⚖️ Minimum and Maximum Leverage
⚙️ Trading Platform WebTrader
📨 E-mail info@trade4w.co
📞 Phone +4402076692435

First Impression of Trade4w.co

The design of the official website leaves much to be desired. It seems as if it was put together piecemeal. The information is presented chaotically, making it difficult to understand the details and leading to some misunderstandings. Also, it’s worth noting some secrecy and lack of transparency from WIN4TRADER towards visitors, as many important data points are not even indicated.


In addition to English, the WIN4TRADER site is translated into German, Greek, French, Spanish, and Italian. The choice of these languages shows a focus exclusively on the European audience. The website structure is typical for brokers, with a standard panel at the top:

  • Products.
  • Platforms.
  • Contacts.
  • Terms and conditions.

WIN4TRADER also explains how to start trading and shares interesting statistics: 3,000 new traders, 80,000 active users per month, and 24 million dollars in withdrawals monthly. Also noticeable is the use of different fonts, which makes reading and exploring the resource less convenient. And the background of the main page depicts a metropolis – how cliché.

Partnership and Bonuses

Bonus offers, apparently, are absent, as they are not even mentioned on the site. The affiliate program is also ignored, but there is an interesting point. When registering an account, the system offers to enter a promo code, which clearly signals the existence of an affiliate program. So, does WIN4TRADER have rewards for inviting new users?

Account Opening on Trade4w.co

WIN4TRADER shares instructions on how to start trading. To do this, you need to register an account and deposit funds. Registration involves providing personal data:

  • Contacts.
  • First and last name.
  • Residential address with postal code.
  • Referral code (if any).
  • Country.
  • Currency.

It seems odd to require the address of residence if it does not need to be confirmed by documents. Wouldn’t it have been easier for the user to add information at the time of verification?


Next, the personal account is opened, with the status “Confirmed”, although no confirmation email was received. The interface of the client portal does not look serious; it seems to have been made in a hurry. WIN4TRADER allows clients to perform basic operations through their personal cabinet:

  • Depositing and withdrawing funds.
  • Changing personal data.
  • Uploading documents for KYC.
  • Communicating with the manager through online chat.
  • Tracking the dynamics of the balance.

WIN4TRADER - client portal

In addition to this, users can switch to WebTrader, or download the program to their computer. It is important to note the absence of a demo account, which is a serious drawback.


The verification process is carried out through the personal account. WIN4TRADER asks to upload several documents:

  • Identity verification.
  • Address verification.
  • Selfie with a document.

The AML & KYC policy, describing the purpose of verification and its details, is missing. Moreover, nothing about this procedure is mentioned on the site, so it is unknown whether it is mandatory or if the functionality in the personal account is just for show. Therefore, the processing times for documents are not disclosed.

We also warn against premature verification. Do not upload documents without checking the broker, as it is unclear who and where your personal data will end up.

  • Convenient process for uploading documents in the personal account.
  • No AML & KYC policy.
  • The document processing time is unknown.

Trading Software

Regarding the trading platform in WIN4TRADER, things are not so clear-cut. In the personal account, there is a button to open the web version, but it requires an email and password, which are not the same as those created during account registration. It is unclear how to access WebTrader, as the data does not match. We did not risk downloading the program on a PC, as unknown files may contain dangerous viruses.

The broker also provides links on Google Drive to download the app for iOS/Android. Well, where are the links to mobile applications in the Play Market/AppStore? We do not recommend downloading software from unofficial sources.


On the official WIN4TRADER website, there are screenshots of the trading platform, but they are all different. At the same time, the broker even mentions the MetaTrader 4 terminal. It’s as if the company itself is confused about what software it offers to traders. In any case, we think it’s just the most ordinary and primitive webtrader with minimal possibilities and functions.

Features WIN4TRADER FxPro Oanda
Demo Account ✔️ ✔️
Mobile App ✔️ ✔️ ✔️
Own Development ✔️ ✔️

How Can I Trade With WIN4TRADER?

According to the official website, the broker offers several services: CFD trading, spread betting, and investment in the stock market. Next, we will look more closely at the trading conditions in WIN4TRADER.

All Info About Accounts

The company did not create a range of tariff plans; instead, it provides all services for a single account. Traders have access to over 6,000 assets of different classes: forex, metals, indices, bonds, stocks, commodities, and cryptocurrencies.

Commissions are zero, and spreads are super-tight. Here, questions arise about WIN4TRADER. How does the intermediary make money if there are no commissions and the spreads are tight? Either the company lies about the advantageous spreads, and they are actually very high, or it uses a dealing desk business model. Such a business model is dangerous for traders because it is profitable for the firm when they lose money. It is a direct conflict of interest.

The leverage remains unknown, but it certainly exists, as clients have access to trading both long and short. Order execution is marked as instant, but how this actually works is unknown. The minimum deposit threshold in WIN4TRADER is set at $20 or the equivalent in another currency.

  • Zero commissions.
  • Low minimum deposit.
  • The broker operates on a dealing desk business model.

Market Analysis and Education With Trade4w.co

On the main page of the website, there is a table with current quotes for indices, currencies, futures, and bonds. Also, WIN4TRADER promises to provide free educational courses, guides, and videos. However, there is no other additional service. The company does not have a unique advantage over competitors, so it is unclear how it plans to attract customers and where its 300,000 traders come from.

Deposit, Withdrawal, and Fees

In the personal account, the system offers to deposit funds using several options: Sumup and CoinsDrom. Both payment systems support transfer via credit/debit cards. Deposits and withdrawals in WIN4TRADER are free, meaning the broker does not charge transaction fees.

The lack of support for popular electronic payment systems and cryptocurrencies is a non-customer-oriented approach. Also, the processing time for withdrawal requests remains a mystery.

Features WIN4TRADER Kowela TradeCMF
Debit/Credit Cards ✔️ ✔️ ✔️
Electronic Payments
Crypto Transfers ✔️
Deposit Fee
Withdrawal Fee

How Can I Contact It?

There are several ways to contact the managers of the broker. These include phone, email, and online chat, but only for registered users. Additionally, there is a feedback form in the “contacts” section. Checking the contacts of WIN4TRADER for authenticity gave us no results.

  • There are basic methods to contact the managers.
  • Social media accounts are absent.

Is WIN4TRADER Dangerous?

There are slight suspicions about the security and profitability of the platform, but so far, we cannot confidently declare it a fraud. Overall, everything still looks more or less normal, and there are some minor downsides and shortcomings, but they are insignificant. To deliver a final verdict for WIN4TRADER, we need to check the duration of the company’s operation and its legitimate status.

How Long Does The Broker Work?

The firm presents serious statistics: several hundred thousand traders and a multi-million turnover. This suggests a serious and solid period of operation, but at the same time, online reviews are not as frequent as expected, and the domain of the site was registered in September 2023. Also, an internet search showed that WIN4TRADER previously had a different domain – win4trader.com, registered in December 2022. Why does the firm need a new site? And when was it actually founded? We believe it was the end of 2022.


How Is WIN4TRADER Regulated?

So, the company confidently claims to have a license from the Financial Conduct Authority. Okay, this needs to be checked. The legal entity Tradec Limited Ltd received a license under number 624984. Yes, this is true, the FCA check showed it. However, there are suspicions that this is a completely different company that has no relation to WIN4TRADER, because completely different contact details are listed.

Moreover, we discovered an interesting warning in the FCA. The regulator warns of a clone of an authorized company. Furthermore, several other WIN4TRADER websites are listed there. The broker regularly changes names and domains.


Features WIN4TRADER Kiplar IC Markets
European Zone ✔️
Asian Zone
American Zone
African Zone
Offshore ✔️

Frequently Asked Questions (FAQ)

How to Trade With WIN4TRADER?

To start trading, it is enough to register an account and then deposit funds. However, there is no demo account, and identity verification may be required.


The broker is not regulated. Moreover, the UK Financial Commission even warns of the danger emanating from this company, as it is a clone of a regulated organization.

How Risky Is It?

Cooperation with WIN4TRADER is very dangerous and risky. It is not a real broker but a fake using someone else's data. There is a high probability of losing your deposit.
Kevin Berry
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Expert Opinion

Quite an interesting scambroker. There are revealing reviews on the internet, showing that the firm previously indicated a different name, had an office in another place, and even masqueraded as another brokerage intermediary. Now it is WIN4TRADER, which deceives people by providing fake brokerage services. In fact, it’s hard to believe that there are traders who believed the fraudsters and gave them their money. Even the official website is very off-putting from opening a brokerage account. There is no desire at all to start trading here. Also, one must consider the business model here is 100% B-Book. Therefore, there is no point in trading with such a pseudo-company.

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The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

4 reviews about WIN4TRADER

Gudwin November 2, 2023 - 10:12
I pity those who lost money here
The level of trust
Quick withdrawal of funds
Efficiency of technical support

Yeah, and it’s such fake scam brokers that swindle people out of their money. I feel sorry for those who fell for WIN4TRADER and gave their deposits to the fraudsters. There is no license here, there never was, and there never will be. The company is fake, and it’s even unknown where it is located. I personally learned about the scam broker from an old acquaintance of mine, who was scammed out of $5K by these fraudsters. He tried to get his money back, but it was impossible.

Holz November 16, 2023 - 20:03
There are better brokers
The level of trust
Quick withdrawal of funds
Efficiency of technical support

IMHO, not the best platform for trading. Maybe only for citizens of the UK, as it is written about FCA regulation. But I advise other traders to find some other brokerage company.

John Wiseman November 28, 2023 - 17:58
I don't recommend it! Because it's a scam
The level of trust

The license belongs to another company, and Win4Trader operates illegally. Therefore, as an experienced trader, I advise not to invest here under any pretext. You will lose money and time, as well as precious nerves, which do not recover.
Win4Trader is some typical fraudulent shop of anonymous criminals. So I advise not to just waste money and time!

VOJJAX December 10, 2023 - 05:35
I lost $2,500 in this scam.
The level of trust
Quick withdrawal of funds
Efficiency of technical support

Broker WIN4TRADER is engaged in fraud. I lost $2,500 here at the beginning of 2023. Why not trade CFDs on forex and stocks – I thought then and chose this fake company as my brokerage partner. I didn’t think it would be a trap, so I confidently transferred $2,500, expecting to earn an additional $250-$500 monthly. However, instead of profit, I got problems. Trading went badly, so I quickly decided to change brokers and requested a withdrawal of funds. But I have not received any withdrawal to this day. That site is no longer available, and the scam has moved to the domain trade4w.co. The essence remains the same – it’s a fraud, deposits are not returned, and I lost $2,500.


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