Wisdom Trading provides services including global commodity brokerage, managed futures consulting, direct access trading, and trading system execution via various trading platforms. However, there is a concern that their NFA license might be a cloned one.
Pros and Cons
Is Wisdom Trading Legit?
Wisdom Tradings license of the National Futures Association (NFA) is suspected as fake clone.
What Can I Trade on Wisdom Trading?
Wisdom Trading offers agriculture, energy, metals, forex, cryptos, and financial futures. Apart from trading instruments, it also provides various trading system for futures trading including execution of proprietary trading systems, design and development of trading systems, exclusive in-house trading systems, managed system trading accounts, and open source trading systems.
Trading Platform
Wisdom Trading offers CQG TRADER, Cqg Qtrader, Cqg Integrated Client, Cqg Api, Weboe, Mobile Trader, and Wisdom Online trading platforms.
These platforms include browser-based one like CQG Trader, which provides real-time quotes, market depth, and charts, as well as download clients like CQG QTrader and integrated like CQG Integrated Client. Besides, Weboe and Wisdom Online offer real-time updates and market depth.
Customer Service
Wisdom Trading supports multi-channel to contact them including phone, email and online messaging.
The Bottom Line
In conclusion, Wisdom Trading owns kinds of trading products and a batch of specified services, platforms and trading systems, which are more suitable for advanced traders who have the expertise to utilize these sophisticated tools. Most importantly, its license of NFA is suspected as fake clone one.
FAQs
Is Wisdom Trading safe?
No. Its license of NFA has been regarded as fake clone and there is limited information related to transaction provided.
Is Wisdom Trading a good for beginners?
No. Although it offers many trading systems and trading systems, they are difficult to use for beginners.
Is Wisdom Trading good for day trading?
No.
