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TradesWiser

Operating status: SCAM

Website: https://www.tradeswiser.com/

Broker violations and abnormal records
  • Dec 12, 2022 BrokersView has Reviewed that TradesWiser is an Unregulated Broker

    TradesWiser claims to be a leading online trading broker while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.

    Besides, TradesWiser shows its company address is in London, the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results for this broker in FCA. 

    The truth is, TradesWiser is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.

    TradesWiser claims to be a leading online trading broker while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.Besides, TradesWiser shows its company address is in London, the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results for this broker in FCA. The truth is, TradesWiser is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Aug 17, 2023 The UK FCA issues a warning against TradesWiser

    On August 18, 2023, the Financial Conduct Authority (FCA) issued a warning against TradesWiser, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/trades-wiser-tradeswisercom

    On August 18, 2023, the Financial Conduct Authority (FCA) issued a warning against TradesWiser, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/trades-wiser-tradeswisercom

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Risk Warning:

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.

Disclaimer:

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