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WiseTrade

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Operating status: SCAM

Website: https://wisetradelimited.com/index.php

Broker violations and abnormal records
  • Sep 27, 2025 BrokersView has found that WiseTrade appears to be a scam

    WiseTrade fails to provide essential regulatory disclosures typically required of legitimate forex brokers. It merely states that WiseTrade Limited is registered in the United Kingdom. However, upon verification with the UK’s Financial Conduct Authority (FCA), we found no record of WiseTrade Limited being authorized or regulated to offer financial trading services. This means the platform is not permitted to conduct brokerage activities in the UK under FCA supervision.

    Given the absence of credible regulation and the associated high risks, we consider WiseTrade as a fraudulent broker.

    WiseTrade fails to provide essential regulatory disclosures typically required of legitimate forex brokers. It merely states that WiseTrade Limited is registered in the United Kingdom. However, upon verification with the UK’s Financial Conduct Authority (FCA), we found no record of WiseTrade Limited being authorized or regulated to offer financial trading services. This means the platform is not permitted to conduct brokerage activities in the UK under FCA supervision. Given the absence of credible regulation and the associated high risks, we consider WiseTrade as a fraudulent broker.

Related Complaints

Q&A

Never saw WiseTrade before, is it legit?

Stewart
Marshall Islands
Sep 28, 2025
ANSWER Dear Investor, WiseTrade is not a reliable trading platform, as it does not hold any valid or recognized broker license. It fails to provide essential regulatory disclosures typically required of legitimate forex brokers. The only documentation presented is a basic company registration certificate, indicating that WiseTrade Limited is registered in the United Kingdom. However, upon verification with the UK’s Financial Conduct Authority (FCA), we found no record of WiseTrade Limited being authorized or regulated to offer financial trading services. This means the platform is not permitted to conduct brokerage activities in the UK under FCA supervision. Operating without proper regulatory oversight significantly increases the risks for investors. Given the absence of credible regulation and the associated high risks, we strongly advise all investors to refrain from engaging in any financial activities with this entity.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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