The Official Website Of Wisefunds Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2022-07-08 We Found That The Wisefunds Webpage Has Expired
On July 8, 2022, We Found That The Domain Name Of The Http://www.wisefunds.uk Has Expired. It Is Very Likely That The Domain Name Has Been Suspended. This Is A Bad Sign.
2022-07-05 UK FCA Adds Wisefunds To Warning List
On 5 July 2022, The UK Financial Conduct Authority (UK FCA) Issued A Warning That Wisefunds Was A Clone Company That Had Stolen Details Of UK FCA-licensed Companies In An Attempt To Convince People That They Were Working For A Genuine Licensed Company. You Can Visit The Following Website For Details: Https://www.fca.org.uk/news/warnings/wisefundsuk-clone-fca-authorised-firm
2022-07-06 Us, After Review, It Is Confirmed That Wisefunds Is An Unregulated Foreign Exchange Dealer
Wisefunds Claims To Have Been Established In 2020 And Is A Trusted Broker, But When We Checked Its Domain Name, We Found That The Website Was Created In 2022, So How Could It Possibly Start Doing Business In 2020? This Is A Red Flag.
Wisefunds Also Claims That Its Company Is Headquartered In The UK. According To UK Law, All Companies And Individuals Offering, Promoting Or Selling Financial Services Or Products In The UK Must Obtain Authorization Or Commercial Registration From The UK Financial Conduct Authority (FCA). But We Found Only The Warning Issued By The Regulator Against The Trader In The UK FCA, Warning That Wisefunds Is A Clone Company That Has Stolen The Details Of The FCA Authorized Company In An Attempt To Make People Believe That They Work For A Real Authorized Company.
This Means That Wisefunds Is Not Regulated By Any Regulator. It Is Not Safe To Let This Trader Hold Or Control Investor Funds, And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Since We Can't Access The Broker's Website Now, We Can't Get More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That Wisefunds Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose Providing Other, More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Wisefunds As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
