Wise4x broker claims to be operated by OTC Limited. That’s a company allegedly registered in the UK. They even present a license number on the website.
Wise4x broker claims to be fully regulated. With their address in the UK, you know immediately where to look. That’s one of the most reliable regulators databases – FCA. On top of that, we are checking some other top-tier regulators like BaFin, ASIC and CFTC. However, the Wise4x scam broker is not present in any of these registers. Especially not in the FCAs.
Wise4x investing is obviously based on lies. Since they don’t reveal much about their offers and services, most likely they play on pressure. Generally, scam brokers advertise quick money schemes and that way get victims’ contact details.
Once they sign up, they are pressured to deposit money, but once they realize it’s all fake, it’s too late. Be careful also of remote controlling apps like AnyDesk and TeamViewer. But if you already got scammed, contact our team for refund assistance.
The company claims to operate for 6 years. However, their primary domain is registered in 2022. For the given time, they are mainly scamming traders from:
If you are coming from any of those, don’t hesitate to contact professionals for advice. In the end, it’s your money and you shouldn’t leave it with scammers. Get in touch with our team today.
Overall, regulated and trusted companies share all details transparently. That should be the case with UK brokers as well. However, the Wise4x trading platform remains mysterious.
Since the Wise4x forex broker doesn’t present its platform, we can’t say for sure if they have an app. Most likely, even if they have some kind of platform it is web-based. Be careful of those because it’s often manipulated.
Another poor thing about this scam broker is their instruments offer. There are only 3 classes available. Those are:
More mysteries are coming with non-existent account types. The company doesn’t have any separation or minimum deposit requirement available. Not to mention Islamic accounts, micro accounts or other advanced options.
Obviously, no. The company keeps its anonymity on the highest level. Don’t be surprised by this, because they don’t want to expose their flaws.
Somewhere hidden in the T&Cs we found some details about the bonuses. Yes, those are available with the broker. Thus, with missing Wise4x account types you can’t know that unless you dig deeper. But be careful, there is also a clause for a minimum trading volume 30 times bigger than the deposit and bonus combined.
Wise4x withdrawal is a story for itself. Nobody can expect a broker like this to be legit about it. On top of that, their withdrawal policy confirms that. Generally speaking, withdrawal processing time may take up to 14 business days.
On top of that, there are additional Wise4x fees that you can be charged with. Thus, details are not revealed. If you were hoping to get more details from Wise4x support, you can forget it. Because they only have e-mail and web forms available. In fact, there’s a phone number +4444444444. Most likely unreachable.
Considering their false statements about the regulation, you should report it to authorities first. But let us know also about your experience with this scam broker. By doing so, you can protect other people from falling into their trap.
Lastly, but most importantly, you should think about yourself. In the end, it’s your money that was stolen. But there are ways to get it back. One of the most advanced options with our team is CipherTrace software for crypto tracking . Get in touch today to find more details and get our professional advice.
No. The Wise4x company is completely anonymous and lies about its regulation.
The company claims to process withdrawal requests between 2-5 business days. Yet, without regulation, it can be forever.
The only way to contact this broker is through e-mail and an online contact form.
The best way is to talk to our professionals for detailed guidance. Have in mind that you don’t have obligations or costs for the first consultation.
The post Wise4x Review – False Regulatory Statements and Mysterious Offer appeared first on Global Fraud Protection.