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Wealthfront Guide – Read our In-Depth Wealthfront Review

This Wealthfront review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Wealthfront review does not apply to US users.

This Wealthfront review contains the most recent information about Wealthfront.

If you're a new entrant in the world of trading and broker, so many facts will be confusing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You will acquire adept at all of the concepts of brokerage as you continue trading. For starters, you need to choose the ideal broker who will be transparent with you always.

In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan will generate hefty returns. Wealthfront is just one such stage which will take you and your investment to great heights. It is important to know about Wealthfront until you trust them with your cash.

Wealthfront review

Our entire Wealthfront Review covers all you need to learn about trading using Wealthfront. A good agent can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investment goals.

There is no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It is a common misconception that all agents are exactly the same, but that is not true. Wrong judgment, initially, can set your investments in danger.

Wealthfront is a broker which has paved its way successfully to the brokerage world. Within this review, we have tried to collate a number of the important aspects of Wealthfront. This review can allow you to know whether Wealthfront is a fantastic match for your investments or not. We have attempted to breakdown all of the features and charges for your advantage.

Wealthfront Review, Table Of Contents

Who are Wealthfront?

Wealthfront is a forex broker headquartered in USA and provides a variety of tools for trading. Since its beginning in 2008, Wealthfront has emerged as a top player in the industry of online brokerage. Wealthfront includes a highly competitive and full-featured trading website that's focused on currency, indices, metals, shares, commodities.

Over the past 13 years, Wealthfront has grown into one of the leading online brokers.

After launching in 2008, their client base has become as large as 10,000+ clients.

Wealthfront is a favorite for many dealers.. Our Wealthfront review found that they are an excellent alternative for automated trading options. It is most appropriate for investors who are looking for a variety of assets. Social and automated trading solutions are the core at Wealthfront.

Technology plays a significant role at Wealthfront. Wealthfront features trading on iPhone,Mac,iPad,Android,WEB. Wealthfront is honest, transparent, and a well-regulated agent by the Unregulated. Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also supply in-house analysis.

The educational department at Wealthfront is very insightful for new dealers as it permits them to have a closer look in the financial markets. Wealthfront caters to all types of traders and are a must-have broker for any well-diversified approach to online trading.

Benefits of doing online trading with Wealthfront?

Trading with Wealthfront includes numerous advantages. These advantages are what sets Wealthfront apart from the rest of the online agents. You should check all the benefits listed so you have a better understanding of Wealthfront.

The agent goes to great lengths to comprehend what traders need. As a result, the service cost is low, fast, and convenient. The agent also provides a variety of platforms for all kinds of traders. Wealthfront ensures that the individual needs of all traders are duly met.

Wealthfront also includes excellent trading conditions which are readily available to just an elite class of institutional clients. The tight spreads and fast executions are a great advantage for the traders. The technology adopted by Wealthfront is among the highest caliber, ensuring that it's fast, dependable, and effective.

Wealthfront admits the importance of owning a quick order execution. A fast execution enables users to trade without worrying about slippage safely. It is going to also aid the traders to catch the maximum profitable opportunities.

Automated trading is another important aspect of Wealthfront. A new dealer can learn from industry experts using the automated trading alternative. The tight spread starts from as low as 0.0 pips, though they are offered for only razor balances.

Wealthfront has over 270 trading instruments to support all kinds of traders. These tools are dynamic and suitable for both the new and experienced traders. The dealers can set aside all their concerns when trading with Wealthfront.

Wealthfront overview

Year Founded: 2008

Regulated By: Unregulated

Hedquarters: USA

Minimum Deposit: $500

Number Of Clients: 10,000+

Your capital is at risk

If you feel that Wealthfront is not right for you then at the bottom of this Wealthfront review you wil find a lot of alternatives to Wealthfront.

What you should know about trading using Wealthfront

Wealthfront is a lively platform that provides various procedures of online trading. These tools cover the monetary markets considerably. Most of the broker platforms offer fewer approaches than Wealthfront

If you would like to trade with Wealthfront, you'll need a minimum deposit of $500. This deposit is required if you want to begin trading using Wealthfront. This 2021 Wealthfront review will guide you clearly about trading with them.

Wealthfront is as versatile as another broker platform. Wealthfront is great for traders who want a manageable variety of low-cost services. The platforms offered by Wealthfront are third party, white-label offerings. All traders can choose out of iPhone,Mac,iPad,Android,WEB.

Together with everything, Wealthfront has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction must be kept available. The agents offer premium customer service that rewards customers with benefits.

Many unprofessional brokers attempt to pressurise customers into bigger funding for premium services. Wealthfront, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the greater benefits will come along.

Wealthfront accounts are available around the world and provides outstanding service wherever they have customers. There are only a select few countries where Wealthfront accounts are not available. Traders in the following countries cannot open or use a Wealthfront account:

Is Wealthfront Safe To Trade With?

Launched in 2006, Wealthfront has been in operation for 13 years, they are headquarted in USA.

Wealthfront is regulated by Unregulated. These bodies have rules that mandate that trading platforms have measures in place to maintain investor's assets secured. This usually means that Wealthfront users do not need to worry about their money as it's segregated and safely kept in established banks. SSL encryption simplifies each user's private information as well.

You are able to make use of a choice for Two Factor Authentications (2FA) with Wealthfront for increased security. An SMS for the confirmation code will be sent to your phone. You'll be asked to input this code to log in to your account.

Another concern with fiscal brokers with regards to security may be manipulation of trading. This is highly disadvantageous for consumers on these platforms. However, this is much more prevalent in the case of Market Maker brokers who compete with customers on the stage.

Pro's & Con's Of Trading With Wealthfront

Every online trading platform will have a few ups and downs, and no Wealthfront review would be complete without having a balanced approach. This Wealthfront review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Wealthfront Pro's

  • Wealthfront is trusted by 10,000+ clients
  • Wealthfront doesn't charge inactivity fees
  • Wealthfront doesn't charge deposit fees
  • Wealthfront doesn't charge CFD fees
  • Wealthfront offer trading on iPhone,Mac,iPad,Android,WEB
  • Wealthfront offer 270 trading instruments
  • Wealthfront can communicate in

Wealthfront Con's

  • Wealthfront does not offer Negative Balance Protection
  • Wealthfront does not offer Guaranteed Stop Loss
  • Wealthfront charge withdrawal fees
  • Wealthfront doesn't trade major forex pairs
  • Wealthfront doesn't trade minor forex pairs
  • Wealthfront doesn't trade exotic forex pairs
  • Wealthfront doesn't offer trading on cryptocurrencies

Wealthfront Review - Compare Brokers Similar To Wealthfront

Wealthfront Alvexo BDSwiss Think Markets
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $500 $0 $500 $250
Year Founded 2008 1993 1994 2010
Headquarters USA Cyprus Mauritius Australia
Regulated By Unregulated Australian Securities and Investment Commission (ASIC), licenced in Australia and Hong Kong for stockbroking and corporate finance activities Unregulated Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Clients 10,000+ 10,000+ 10,000+ 10,000+
Find Out More
Risk Warning Your capital is at risk Your capital is at risk Your capital is at risk Losses can exceed deposits

Wealthfront Review - Regulation And Licencing In More Detail

Wealthfront is regulated by Unregulated.

Wealthfront, as a business, has a strong collection of rules for ensuring fair trading onto its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).

In accordance with the organization's privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

Wealthfront Review - Awards

    At the time of writing this Wealthfront review, they had not received any awards.

Wealthfront Review - Minimum Deposit Required

The minimum deposit you need to begin on Wealthfront is $500. This is a decent amount for those just beginning. You can make more advanced deposits as you go along. However, make certain that you understand how to make the most of your cash before investing in larger sums.

Wealthfront Review - Commission And Fees Explained

Wealthfront is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily influenced by the number of customers they have.

But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three types of fees for this objective.

The first sort of charges to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In these instances, you're spending a spread, financing rate, or a commission. The kinds of trading fees and the prices differ from broker to broker.

Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people who are charged when you maintain a leveraged position for more than daily.

Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your account. They are billed for operations like depositing cash, not trading for long periods, or withdrawals.

Generally, Wealthfront doesn't charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who often exchange, such as weekly or daily trading.

But, non-trading fees charged by Wealthfront are comparatively greater. As a result, you're charged more for non-trading actions on your trading account, such as withdrawal and deposits. These aren't about the sale and purchase of assets.

This Wealthfront review breaks down each of the relevant non-trading charges for you in detail.

Compare broker fees against Wealthfront

Wealthfront Alvexo BDSwiss Think Markets
Minimum Deposit $500 $0 $500 $250
Withdrawal Fees variable variable variable No
Inactivity Fees No
Deposit Fees skrill 2%, neteller 2%
CFD Fees No

Wealthfront Review - Withdrawal Fees Explained

Wealthfront charges a withdrawal fee when you create a bank transfer. Each time you move money back into your bank accounts, these withdrawal charges become important.

Withdrawal of cash is possible at any time from the Wealthfront account. You can draw up sums to the sum of your account balance, keeping aside the margin utilized. 1 thing to keep in mind is that you don't necessarily need to have any cash on your accounts.

In addition, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn money will be sent to the card. Wealthfront will ask you to offer other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In case you're withdrawing money in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you are choosing to withdraw in.

Wealthfront Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions which run through your mind while open an account with Wealthfront. An inactivity fee is an amount charged to registered dealers who have not engaged in buying or selling for a while. The period regarded as inactive is decided by the agent.

The inactivity fee differs from one broker to another and is not standardized. If a traders account does not have a buying or selling transaction, it's maintained by the agent as an inactivity charge. The traders have to pay this fee under terms and conditions that they had consented while registering.

Wealthfront doesn't charge inactivity fees so you are free to use your account as needed

Even if no fees have been indicated by Wealthfront, it is best for you to close the account if you are inactive. Inactivity fees are not just charged by broker firms but also many financial services.

For additional trading platforms, the inactivity fee depends upon the type of account you have selected. The inactivity fee is subjected to a lot of conditions and should be revealed clearly by the agent beforehand.

Wealthfront Review - Deposit Fees Explained

When you move money in your trading account from the bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this particular operation.

Wealthfront doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Wealthfront trading platform is simple. You simply have to finish a single-user profile questionnaire to start depositing money into your trading account. You will need to provide an identity proof and evidence of residency to deposit large amounts.

Wealthfront Review - Compare Broker Deposit Methods

Wealthfront Alvexo BDSwiss Think Markets
Minimum Deposit $500 $0 $500 $250
Credit Card Yes
PayPal No
Neteller Yes
Skrill No
Payoneer Yes

What Can You trade With Wealthfront?

Note: Wealthfront provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may differ based on the country of residence of the client.

Wealthfront has a wide variety of over 270 instruments available for you to trade with.

If trading forex pairs is of interest to you then Wealthfront offer over forex pairs.

Compare Wealthfront, Alvexo, BDSwiss & Think Markets below.

Wealthfront Alvexo BDSwiss Think Markets
Platforms iPhone, Mac, iPad, Android, WEB MT4 , Android, iPhone, Mac MT4, Mac, Web Trader, Tablet & Mobile apps
Instruments Available 270 34 47 100
Forex & Crypto
Forex Pairs Available 40
Offers Major Forex Pairs? No Yes Yes Yes
Offers Minor Forex Pairs? No No No Yes
Offers Exotic Forex Pairs? No Yes NO Yes
Offers Cryptocurrencies? No Yes Yes Yes
Commodity CFD's
Commodities Offered 0 0 0 0
Trade Metals? No Yes Yes Yes
Trade Energies? No Yes Yes Yes
Trade Agricultural? No Yes Yes No
Indiced & Stock CFDs
Stocks Offered 0 0 0
Trade UK Shares? No Yes Yes No
Trade US Shares? No Yes NO No
Trade German Shares? No No No Yes
Trade Japanese Shares? No No NO Yes

Your capital is at risk

Your capital is at risk

Your capital is at risk

Losses can exceed deposits

Alternatives To Wealthfront

If, after studying this Wealthfront review, Wealthfront does not fulfill your requirements check out these Wealthfront alternatives.

We've scoured the web to find the best alternatives to Wealthfront. Click the hyperlinks below to find out more.

Frequently Asked Questions about Wealthfront

Can I try Wealthfront before I buy?

Yes, you can most definitely try Wealthfront before you buy. Wealthfront offers demo accounts for the convenience of beginner traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.

If you register for a demonstration account on Wealthfront, you will set out using a decent amount of virtual currency. It's to establish a feeling of security and confidence in you until you choose to invest your own money.

With this digital Wealthfrontdemo account, you can experiment in any way, to whatever length you wish. You might also open positions, examine different trading strategies, and much more.

Wealthfront specifies on its official website that you can trade real time stocks in a demo account.

Is Wealthfront safe?

It is possible to drop all of your worries because we believe that Wealthfront is totally safe to use. It is in compliance with all the principles of Unregulated.

Nevertheless, Wealthfront doesn't provide assured stop-loss protection.

Why does Wealthfront ask for my passport?

The reason that Wealthfront asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Wealthfront has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Wealthfront must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Wealthfront?

The process to start trading withWealthfront is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Wealthfront website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Wealthfront is $500. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Wealthfront.

The best way to kickstart your trading career with Wealthfront is to open a demo account facility before risking any real money

What funding methods do Wealthfront accept?

There are a number of ways to fund your account with Wealthfront. The process is effortless and quick, with various payment methods at your fingertips.

You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must keep in mind that PayPal is not available in all country. The monies Wealthfront

Is my money safe with Wealthfront?

Yes, your cash is safe and secure with Wealthfront. As you know, Wealthfront operates with good conformation to. It's established plenty of measures to protect all its investors.

Wealthfront safeguards its clients' private and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.

If you want to further safeguard your account, you can enable Two-Step Verification as well. It requires an SMS confirmation for you to access your accounts.

Is Wealthfront trading good?

Yes, trading via Wealthfront is a pleasant and good experience indeed. It's an excellent and intuitive platform with useful features for your simplicity. In addition, you can even gain access to a vast collection of educational tools and assistive substance to kickstart your trading expertise.

If you are still skeptical, you can open a eToro demo account and assess the trustworthiness of the platform on your own.

Which Countries does Wealthfront support?

Wealthfront operates around the world. However, due to regulations there are some countries that Wealthfront cannot accept clients from

Is Wealthfront legit?

Wealthfront is a legit company headquarted in USA since 2008. They are regulated by Unregulated. Wealthfront is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Wealthfront a good broker?

Wealthfront is a great agent, and its own users can vouch for this. The highlight of the platform is its quick order execution on transactions.

You will discover the clean layout of this platform along with the commendable features a pleasure to work with.

Is Wealthfront a trustworthy broker?

Yes, Wealthfront is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Wealthfront?

The minimum deposit to open a live account with Wealthfront is $500

How long do Wealthfront withdrawals take?

Normally, withdrawal of money from Wealthfront is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Wealthfront to show in your bank account.

Are Wealthfront regulated?

Wealthfront are regulated by Unregulated

Is Wealthfront a market leading broker?

Wealthfront is indisputably among the industry leaders. It has over 10,000+ registered users and over 13 years of experience on its record. They are among the world's leading trading platforms and a prominent figure in the Fintech revolution.

It simplifies this standing to its unbelievable platform and wide range of resources plus tools so that you can put money into capital markets.

Is Wealthfront a con?

No, Wealthfront is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that Wealthfront is not a scam.

Can you make money with Wealthfront?

Using Wealthfront, several traders make a lot of cash. However, on average, through continual trading, you can make between 2% - 10% profit a month.

This may seem like a small number, but within the entire year, this adds to a significant number of gains. Even though Wealthfront provide you all of the tools to make money, they cannot guarantee that you will profit.

Does Wealthfront have fees?

Yes. To start trading using Wealthfront, you have to deposit $500. Certain commissions while trading also apply. Any processing fees from your bank will have to be incurred by you.

When was Wealthfront founded?

Wealthfront was founded in 2008 in USA. Wealthfront is regulated by Unregulated.

How many people use Wealthfront?

Wealthfront is a globally recognised agent with 10,000+ clients.

Where is the Wealthfront head office?

Wealthfront has its head office in USA

Does Wealthfront offer negative balance protection?

No. Wealthfront doesn't offer negative balance protection. If your balance is negative, Wealthfront suggests you contact client services. For this, you can fix any imbalances in your own account.

Does Wealthfront offer guaranteed stop loss?

Wealthfront regrettably, does not offer guaranteed stop loss. Wealthfront provides a chance for its dealers to close their trade at their specified price. Apart from this, Wealthfront does not provide guaranteed stop loss.

Does Wealthfront allow scalping?

Yes, Wealthfront do allow scalping. Many traders throughout the world choose Wealthfront for their scalping services. They offer trading on iPhone,Mac,iPad,Android,WEB which let this.

Does Wealthfront allow hedging?

Yes, Wealthfront does allow hedging.

Can you trade energies with Wealthfront?

No, unfortunately you cannot trade energy stock with Wealthfront

Can you trade agricultural shares with Wealthfront?

No, unfortunately you cannot trade agricultural stock with Wealthfront

Can you trade cryptocurrency with Wealthfront?

No, unfortunately you cannot trade cryptocurrency with Wealthfront

Can you trade metals with Wealthfront?

No, unfortunately you cannot trade metals with Wealthfront

Can you trade UK Shares with Wealthfront?

No, unfortunately you cannot trade UK shares with Wealthfront

Can you trade US Shares with Wealthfront?

No, unfortunately you cannot trade US shares with Wealthfront

Can you trade Japanese Shares with Wealthfront?

No, unfortunately you cannot trade Japanese shares with Wealthfront

Can you trade German Shares with Wealthfront?

No, unfortunately you cannot trade German shares with Wealthfront

Does Wealthfront accept bank transfers?

No, Wealthfront does not accept bank transfers.

Does Wealthfront accept credit cards?

No, Wealthfront does not accept credit cards.

Does Wealthfront accept PayPal?

No, Wealthfront does not accept PayPal.

Does Wealthfront accept Skrill?

No, Wealthfront does not accept Skrill.

Does Wealthfront accept Payoneer?

No, Wealthfront does not accept Payoneer.

Does Wealthfront accept Neteller?

No, Wealthfront does not accept Neteller.

Does Wealthfront offer Live Chat customer support?

No, Wealthfront does not offer customer support through live chat.

Does Wealthfront offer phone customer support?

No, Wealthfront does not offer customer support over the telephone.

Does Wealthfront offer email customer support?

No, Wealthfront does not offer customer support through email.

What languages can Wealthfront communicate in?

Wealthfront has the ability to communicate and support customers who speak:

Does Wealthfront have a wikipedia page?

No, Wealthfront does not have an official wikipedia page.

Does Wealthfront offer demo accounts?

Yes, Wealthfront offers demo accounts so you can learn their systems before risking any real money.