Is it illegal?

https://wisetradefx.com/    

Wise Tradefx is not a licensed or regulated broker even though it states offers that look good to be true. Wise Tradefx claims to be authorized and regulated by the Seychelles Financial Services Authority (Seychelles FSA). However, we did not find any match results to Wise Tradefx in Seychelles FSA. 

Besides, Wise Tradefx shows its office addresses in the United Kingdom and the United States. According to the relevant national laws, we searched among the following regulatory bodies：

1) the UK Financial Conduct Authority (FCA);

2) the US National Futures Association (NFA).

However, we did not find any match results to Wise Tradefx in the above watchdog's registries.

The truth is, Wise Tradefx is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Wise Tradefx and trade with licensed brokers.