FinanceWise Review : Fees, Pros and Cons, Reviews by Real Traders

FinanceWise

Operating status: SCAM

Website: https://financewiseint.com/

Broker violations and abnormal records

Mar 08, 2023 The Cyprus regulator CySEC warned investors against FinanceWise
On March 9, 2023, the Cyprus Securities and Exchange Commission (CySEC) informed investors that FinanceWise had not been granted an authorization for the provision of investment services and/or the performance of investment activities: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=b2251eb9-161e-4a5f-ad83-2e572ffe7c45

On March 9, 2023, the Cyprus Securities and Exchange Commission (CySEC) informed investors that FinanceWise had not been granted an authorization for the provision of investment services and/or the performance of investment activities: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=b2251eb9-161e-4a5f-ad83-2e572ffe7c45
Mar 09, 2023 BrokersView has reviewed that FinanceWise is an Unregulated broker
FinanceWise claims to be operated by Finance Wise International, a company supposedly regulated by the Cyprus Securities and Exchange Commission (CySEC).
However, when we searched for this broker in CySEC's registry, we found it was listed as an unauthorized broker on Mar 9, 2023 by the regulator. That means the regulatory information FinanceWise claims is a false statement to unsuspecting investors.
The truth is, FinanceWise is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

FinanceWise claims to be operated by Finance Wise International, a company supposedly regulated by the Cyprus Securities and Exchange Commission (CySEC).However, when we searched for this broker in CySEC's registry, we found it was listed as an unauthorized broker on Mar 9, 2023 by the regulator. That means the regulatory information FinanceWise claims is a false statement to unsuspecting investors. The truth is, FinanceWise is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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