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Weike

Operating status: SCAM

Website: https://weikefx.com/

Broker violations and abnormal records
  • Jul 28, 2022 BrokersView has Reviewed that Weike is an Unregulated Forex Broker

    Weike is not a reliable broker for traders. Weike claims it was founded in 2016. But when we checked its domain, we found it was created in 2021. So how could it start its business in 2016? It is a red flag here.

    Besides, Weike claims it is a UK-based company with registration in the Companies House of the United Kingdom (CH). We do find a match result to Weike in CH, but please be informed that CH is the United Kingdom's registrar of companies, which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation.

    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 regulator - FCA. However, we did not find any match results to Weike in FCA. That means Weike is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Weike is not a reliable broker for traders. Weike claims it was founded in 2016. But when we checked its domain, we found it was created in 2021. So how could it start its business in 2016? It is a red flag here.Besides, Weike claims it is a UK-based company with registration in the Companies House of the United Kingdom (CH). We do find a match result to Weike in CH, but please be informed that CH is the United Kingdom's registrar of companies, which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation.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 regulator - FCA. However, we did not find any match results to Weike in FCA. That means Weike is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Sep 21, 2022 BrokersView has found that Weike is not working

    BrokersView found the domain "https://weikefx.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://weikefx.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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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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