Overview of FINANCE WISE GLOBAL SECURITIES PTY LTD
Finance Wise Global Securities Pty Ltd, founded in 2023 and headquartered in China, offers a comprehensive range of financial instruments, including stocks, ETFs, options, futures, and more. The brokerage distinguishes itself with advanced trading tools and strategic partnerships, such as with Goldman Sachs, to enhance market analysis capabilities. Despite its innovative offerings and robust educational resources, the firm operates without regulatory oversight, which poses significant risks regarding the safety of client funds and overall transparency of operations.
Is FINANCE WISE GLOBAL SECURITIES PTY LTD Legit？
FINANCE WISE GLOBAL SECURITIES PTY LTD is not regulated. The lack of regulation presents several risks, including limited dispute resolution options, potential security concerns for funds, and a lack of transparency in their operations. Before trading with any broker, it's essential to thoroughly research their regulatory status to prioritize a safe and secure trading experience.
Pros and Cons
Finance Wise Global Securities Pty Ltd boasts various trading tools and instruments, partnering with reputable names like Goldman Sachs to offer sophisticated analysis and potentially enhance trading outcomes. They also provide comprehensive educational resources. However, the lack of oversight can lead to opacity in their operations and potential risks to client funds. Specifically, without regulatory protection, traders may face limited dispute resolution options and increased vulnerability to unresolved conflicts.
Trading Instruments
Finance Wise Global Securities Pty Ltd provides a diverse range of trading instruments, including stocks and ETFs (with commission-free options), options, futures, spot currencies, bonds, and mutual funds. This assortment allows for comprehensive portfolio diversification across various asset classes and financial markets.
Here is a comparison table of trading instruments offered by different brokers:
How to Open an Account
To open an account with FINANCE WISE GLOBAL SECURITIES PTY LTD, follow these steps.
Visit the FINANCE WISE GLOBAL SECURITIES PTY LTD website. Look for the “Register” button on the homepage and click on it.
Look for the “Sign In/Sign Up” button on the homepage and click on it.
Sign up on websites registration page.
Receive your personal account login from an automated email
Log in
Proceed to deposit funds to your account
Download the platform and start trading
Spreads and Commissions (Trading Fees)
Finance Wise Global Securities Pty Ltd offers a variety of spreads and commissions across different trading instruments:
Stocks/ETFs: Commissions range from $0.0005 to $0.0035 per share, with certain ETFs being commission-free. A fixed commission rate of $0.005 per share is also available.
Options: Commissions vary from $0.15 to $0.65 per contract, with a fixed rate option of $0.65 per contract.
Futures: Charges are from $0.25 to $0.85 per contract, with a fixed commission of $0.85 per contract.
Spot Currency: Spreads are compact, starting as small as 1/10th of a pip, with a cost of 0.08 to 0.20 basis points of the transaction price per order.
Bonds: Commission is 10 basis points of the face value per order.
Mutual Funds: Charges are 3% of the trade value or up to $14.95 per trade, with commission-free options for certain ETFs.
Trading Platforms
Finance Wise Global Securities Pty Ltd offers an all-in-one trading platform available on multiple devices including Windows PCs, iPhones, and Android devices. This platform enables users to access and trade across all supported markets seamlessly from virtually any device.
Customer Support
Finance Wise Global Securities Pty Ltd offers customer support primarily through their email channel at support@wiseglobal.info, providing a direct and accessible way for clients to seek assistance and resolve their inquiries.
Educational Resources
Finance Wise Global Securities Pty Ltd provides a wide array of educational resources aimed at enhancing the knowledge of traders and investors at all levels. Their offerings include detailed guides and materials on various products and services, insights into market trends, and tutorials on using their trading technologies effectively.
Trading Tools
Finance Wise Global Securities Pty Ltd offers advanced trading tools in collaboration with Goldman Sachs, featuring award-winning automated investment analysis and research tools. These include:
Analyst View (AOI): Provides expert insights and analyses.
Adaptive Candle Diagram (AC): Offers dynamic candlestick charting to adapt to market conditions.
Adaptive Trend Indicator (ADC): Helps in identifying and following market trends based on adaptive algorithms.
Conclusion
To provide a summary, Finance Wise Global Securities Pty Ltd presents some attractive trading options and educational tools, enhanced by cutting-edge technology and strategic partnerships. However, the firm's lack of regulatory oversight casts a shadow over its reliability and security. Despite its appealing features, the inherent risks associated with an unregulated operation demand thorough evaluation by potential clients before committing any funds.
FAQs
Is FINANCE WISE legit？
No, this broker currently operates without any regulation.
What types of trading instruments are available at Finance Wise Global Securities？
The firm offers an extensive range including stocks, ETFs, options, futures, spot currencies, bonds, and mutual funds.
What trading platforms does Finance Wise Global Securities offer？
The firm utilizes an all-in-one trading platform that is accessible on Windows, iPhone, and Android devices, facilitating trading across all supported markets from any device.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
