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WISEFXTRADE

Mauritius|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://wisefxtrade.com/

Website

Rating Index

Contact

support@wisefxtrade.com
https://wisefxtrade.com/
11th Floor, Maeva Tower, Silicon Avenue, Cybercity, Ebene, 72201, Republic of Mauritius.

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
Mauritius
Operating period
2-5 years
Company Name
WISEFXTRADE
Abbreviation
WISEFXTRADE
Company employee
--
Customer Service Email Address
support@wisefxtrade.com
Company website
Company address
11th Floor, Maeva Tower, Silicon Avenue, Cybercity, Ebene, 72201, Republic of Mauritius.
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Website
Company Summary
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Official website

Website

  • wisefxtrade.com

    Server Location

    United States

    Website Domain Name

    wisefxtrade.com

    Server IP

    104.219.248.45

Company Summary

WISEFXTRADE Review Summary
Founded2021
Registered Region/CountryMauritius
RegulationNo regulation
Market InstrumentsForex, CFDs
Demo AccountNot mentioned
SpreadNot mentioned
LeverageNot mentioned
Trading PlatformWISEFXTRADE
Minimum DepositNot mentioned
Customer SupportLive chat, email, contact form, phone

WISEFXTRADE Information

WISEFXTRADE, registered in Mauritius and operating in Australia, claims to offer more than 250 forex and CFD instruments to its clients. However, the platform currently has no valid regulations.

WISEFXTRADE's homepage

Pros & Cons

ProsCons
Wide Range of InstrumentsLack of Regulation
Limited Website Information

Is WISEFXTRADE Legit?

No.

  • Regulatory sight: The broker's current operation without legitimate regulatory oversight only fuels concerns about its legitimacy and trustworthiness. These worries are compounded by the broker's inaccessible website.
No license
  • Security measures: Currently, there is no information available about WISEFXTRADE's security measures on their website.

Market Instruments

WISEFXTRADE provides access to over 250 forex and CFD products, including major and minor currency pairs, along with various commodities, indices, cryptocurrencies, etc. The platform's CFD offerings cover a wide spectrum, from global stock indices to precious metals and energy resources.

Trading Platform

WISEFXTRADE offers a its proprietary trading platform called “WISEFXTRADE”. Available as a mobile app, it provides users with access to over 250 forex and CFD instruments directly from their smartphones. The app is accessible for download on both the Apple Store and Google Play.

WISEFXTRADE

Deposit & Withdrawal

Accepted methods include major credit and debit cards including Mastercard, Maestro, and Visa. PayPal and American Express are also available. Other popular payment options such as bank transfers, Skrill and Neteller are not supported currently. Other info like minimum deposit requirement, deposit/withdrawal fees and processing time are not specified on their website.

Payment methods

Customer Service

Live chat

Tel: 09000000000

Email: support@wisefxtrade.com; wisefxtrade@gmail.com

Address: Melbourne, Australia, 105 South Park Avenue; 11th Floor, Maeva Tower, Silicon Avenue, Cybercity, Ebene, 72201, Republic of Mauritius

Contact info

Conclusion

In conclusion, WISEFXTRADE provides trading services for over 250 forex and CFD instruments. However, the absence of regulatory oversight and the limited information on their website cast doubts on the broker's transparency and security. Traders who value regulatory compliance and reliable customer service should consider alternative platforms.

Q&A

Is WISEFXTRADE regulated?

No. The broker is currently under no valid regulation.

Is WISEFXTRADE a good broker for beginners?

No, it is not an ideal choice for beginners due to lack of regulation and transparency.

Does WISEFXTRADE offer the industry leading MT4/5?

No, it only offers a proprietary platform on mobile devices.

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.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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