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

Wasixcap

Operating status: SCAM

Website: https://wasixcap.com/

Broker violations and abnormal records

Apr 16, 2023 The regulator BCSC issued a warning against Wasixcap
On April 17, 2023, the British Columbia Securities Commission (BCSC) issued a warning against Wasixcap, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/wasixcap

On April 17, 2023, the British Columbia Securities Commission (BCSC) issued a warning against Wasixcap, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/wasixcap
Apr 18, 2023 BrokersView has reviewed that Wasixcap is an unregulated broker
Wasixcap provides zero details about its regulatory status, which is a clear indication of an unlicensed broker as legitimate ones always prominently display their accreditation and licenses. While looking through its website, we noticed that it purported to be located in Switzerland where the financial regulator is the Swiss Financial Market Supervisory Authority (FINMA). Brokers operating in this country must obtain authorization from this regulatory body. However, our search for Wasixcap in the registry of FINMA didn't yield any results.
In addition, the British Columbia Securities Commission (BCSC) has issued a warning against Wasixcap, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.
In essence, Wasixcap is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Wasixcap provides zero details about its regulatory status, which is a clear indication of an unlicensed broker as legitimate ones always prominently display their accreditation and licenses. While looking through its website, we noticed that it purported to be located in Switzerland where the financial regulator is the Swiss Financial Market Supervisory Authority (FINMA). Brokers operating in this country must obtain authorization from this regulatory body. However, our search for Wasixcap in the registry of FINMA didn't yield any results.In addition, the British Columbia Securities Commission (BCSC) has issued a warning against Wasixcap, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.In essence, Wasixcap is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Jun 27, 2023 The Swiss FINMA issued a warning against Wasixcap
On June 28, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Wasixcap, stating that this broker is not entered in its commercial register: https://www.finma.ch/en/finma-public/warning-list/wasixcap/

On June 28, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Wasixcap, stating that this broker is not entered in its commercial register: https://www.finma.ch/en/finma-public/warning-list/wasixcap/
Aug 02, 2023 The OSC issues a warning against WASIXCAP
On August 3, 2023, the Ontario Securities Commission (OSC) issued a warning against WASIXCAP, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/wasixcap

On August 3, 2023, the Ontario Securities Commission (OSC) issued a warning against WASIXCAP, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/wasixcap
Nov 08, 2023 The FCA issues a warning against Wasixcap
On November 9, 2023, the Financial Conduct Authority (FCA) issued a warning against Wasixcap, classifying it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/wasixcap

On November 9, 2023, the Financial Conduct Authority (FCA) issued a warning against Wasixcap, classifying it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/wasixcap

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