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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