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Score

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/10

WIFX

United Kingdom|5-10 years|
Suspicious Overrun|High potential risk|

https://www.wifx.com/en

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Russia 2.63

Surpassed 15.20% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+447770170000
support@wifx.com
https://www.wifx.com/en
19/21 Junction Road Totton Southampton Hampshire SO40 9HG UNITED KINGDOM

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+447770170000

Other ways of contact

Broker Information

More

Company Name

Widelist Investments Limited

Abbreviation

WIFX

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 145829) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

WIFX · WikiFX Survey

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WIFX · Company Summary

Note: WIFX's official website: https://www.wifx.com/en is currently inaccessible normally.

WIFX Information

WIFX was registered on Jul 19, 2001 by in the United Kingdom. The company claims to provide more than 1200 market instruments to traders, including forex, CFDs on indices, commodities, stocks, metals and energies. It offers spreads are as low as 0.4 pips and leverage up to 1:999. Available trading platforms are the renowned MT4, MT5 and its proprietary WIFX Webtrader.

The broker offers four account types: Micro Account and Standard Account with minimum deposit $5 with base currencies USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR; to go further, WIFX Ultra Low Account requires minimum deposit of $50 and less base currencies EUR, USD, GBP, AUD, ZAR, SGD; Shares Account requires minimum deposit of $10,000 and base currency USD.

However, the company does not provide services to residents of certain countries such as the United States of America, Israel, Canada and Iran.

You can contact the company at email: support@wifx.com and telephone +447770170000. The company claims FCA regulation but its license with number 145829 is suspected to be fake clone.

WIFX's homepage

Is WIFX Legit?

Financial Conduct Authority (FCA)
Current StatusSuspicious Clone
Regulated by United Kingdom
License TypeInvestment Advisory License
License No.145829
Licensed InstitutionWidelist Investments Limited

WIFX claims to operate under FCA (Financial Conduct Authority) regulation with license no. 145829. However, the license is suspected to be fake clone, which raises questions about the company's legitimacy and reliability.

Downsides of WIFX

Unavailable website: WIFX's website cannot be opened currently, which makes traders without valid access to its services.

Regulatory concerns: The suspected FCA clone status of the broker indicates less customer protections and compliance to industry standards. It is a warning signal.

Report of withdrawal issues on WikiFX: A report of withdrawal issues on WikiFX indicates possible difficulties withdrawing your profits to your own bank account when trading with this broker.

Negative WIFX Reviews on WikiFX

Cant withdraw exposure

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Below are the details of the exposure of withdrawal issue of this company:

ClassificationWithdrawal issues
Date2021-09-15
Post CountryNigeria

A Nigerian investor reported that he couldn't find the withdraw button on the platform to withdraw or transfer his coin which worth millions of naira.

Conclusion

In conclusion, though the company offers a wide range of financial instruments, tiered accounts for varying experience levels and the reputable MT4 and MT5 trading platfroms, the downsides overwhelm pros, making it a less preferable choice for traders. Its suspicious fake clone FCA regulatory status, inaccessible website and exposure of withdrawal difficulties raise questions about its legality, reliability and credibility. You should choose well-regulated platforms with full transparency and decent customer protection instead.

Review 4

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United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com