Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

WWF

Cyprus | 5-10 years |
Regulated in Cyprus | Market Maker (MM) | Suspicious Scope of Business | United Kingdom European Authorized Representative (EEA) Unsubscribed | High potential risk

http://www.wise-wolves.finance/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

United States 2.32
Surpassed 58.90% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+357 25 366336
wwf@wise-wolves.com
http://www.wise-wolves.finance/
Spyrou Kyprianou 61, Mesa Geitonia, 4003 Limassol, Cyprus
The WikiFX Score of this broker is reduced because of too many complaints!
VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open

FX3125782471

Unverified

Vietnam

I cannot access the app anymore. My current balance was 92091 USDT. They didn’t allow withdrawals. Be careful with scammers.

Exposure

2022-01-27

朱婉菁

Unverified

Taiwan

At the beginning, someone recommended me to use. After operate for several times, I found that the cash can be withdrawn, but then after participating in the bonus activity, things followed one after another and the withdrawal was rejected. At the end , I was told that someone else deposit 4000 and suspected money laundering and required a margin of 4000USDT. The customer service said that it can be paid in batches. When I paid the 1665USDT and needed to pay the remaining amount, I couldn't contact the customer service anymore. I realized that my money might not be available to withdraw...

Exposure

2021-12-13

FX3125782471

Unverified

Vietnam

This guy induced me to invest in this WWF app. After a few successful withdrawals with a small amount, I have deposited a total of 66954 USDT, but after making profit of more than 28000 USDT, the app blocked withdrawal and asked me to pay 20% tax. I asked for proof of tax payment, but customer service replied very crookedly and now they have frozen my account. The current balance is 92091 USDT. Be careful with the person with the nick in the photo and this scam app! #WWFscam, #WWF, #scam #romancescam

Exposure

2021-11-30

Kaung Khant Aung

Unverified

New Zealand

I was initially impressed with Wise Wolves Finance and found their website to be professional and informative. However, I came across a few negative reviews from people claiming to have been scammed by them, which left me feeling skeptical. While I have not personally invested with Wise Wolves Finance, the mixed reviews and lack of clear information about their regulatory status have left me hesitant to do so.

Positive

2023-03-20

FX1369279165

Unverified

United Kingdom

I received an ad for WWF on social media, claiming to be a reliable company. What I saw, however, was accusations made by many victims against it. fraud company! I would definitely not invest here.

Positive

2023-03-10

FX2211981857

Unverified

Taiwan

At the beginning, my friend introduced me to this and then told me that there was a bonus activity, but I did not have enough money that time so my friend deposit 1,600 dollars for me. After that, my account could not be withdrawn. After asking the customer service, he said that it was considered as malicious money laundering due to deposit by other people and ask me to make up the money. After completing the amount, it is also impossible to withdraw cash. I wans Informed that the account was temporarily frozen because of malicious money laundering and 10% margins fee of the deposit is required. After the payment is completed, the withdrawal is successful but not received. After inquiring, the customer service said that it is required to pay late fee due to the crowded Taiwan channel. Then, they gave me a line of BRC and said that it was a representative of the Banking Regulatory Commission in Taiwan. After the contact, they said that I need to pay 20% of the deposit for margin and another 5% for tax. I didn’t receive anything after finishing that. I asked the person of BRC and he gave me a phone number from the Financial Supervision and Administration Commission and said that he had arranged a withdrawal. If I did not receive it, I should contact Chen. The phone number is real but there is no more response when I asked his extension and his full name.

Exposure

2021-11-29

FX3125782471

Unverified

Vietnam

I have loaded into this scam application totaling nearly 67000 USDT and all withdrawals have been rejected. Don't be fooled by this app! ! ! I will post until I get my money back! ! ! ! !

Exposure

2021-11-21

FX1855511657

Unverified

Vietnam

I was lured into this scam by a Chinese. After several successful withdrawals, I was persuaded to put all my money into this fake application. This guy even insisted that I should use a credit card, borrow money from friends and so on, throwing everything into this. I lost to these scammers because they rejected all my withdrawal requests due to not paying taxes even if it was never mentioned anywhere. They said that taxes can only be paid by deposit. Now they just closed the chat with my customer service. They just want to steal your money, don't be fooled!

Exposure

2021-11-20

honey91688

Unverified

Philippines

THIS WWF PLATFORM TURN ME INTO HELL ! it’s a fake! & customer service cannot be contacted anymore, someone introduced me about this platform , & believing me that this platform for short term investment , suddenly now shut down, my fund cannot be withdrawn because customers services asking me to recharge it before withdrawal process , but I won’t do it because why I need to do that , this is not supposed the platform rules.

Exposure

2021-11-18

rj99412

Unverified

Taiwan

He was talking with you every day for two weeks will let you take your guard down and think that you have met true love. In the middle of knowing that you are disgusted with investment, you will not take the initiative to mention it. After two weeks, he will tell you not to save money stupidly for future investment. This is the first time he gives you a taste of the sweetness. The second time 150,000 your funds go in is the beginning of falling into hell. The recharge activity starts to ask you to recharge. After recharging to 600,000, you still can’t withdraw, saying that you need to get 600,000 to get promoted. Only gold members can withdraw cash. After arriving, I want to withdraw the full amount. I said that the amount is too high and I need to pay 240,000 yuan to the China Banking Regulatory Commission before I can get back the full amount. The other party will continue to instigate me to go to the bank during this period. Loan, credit card, borrow money from family members, etc., he will also tell you that he helped you borrow the money to help you recharge it, but these are just his methods to make you feel that he is living and dying with you. In fact, he wants you to take out more. At the end I said that he had no money and he was impatient and hung up. So far I can no longer contact people, and my reputation has dropped to the bottom.

Exposure

2021-11-04

rj99412

Unverified

Taiwan

To induce recharge activities, you must complete the recharge before you can withdraw it. After you complete the recharge, it says that there is no cash flow and you can't withdraw it. You need to continue the recharge before you can be promoted to a membership without restrictions. After you are promoted to a membership, you say that because the amount is too large, you need to pay a notary fee before you can recover the money again. The content time is short, It will take several days to raise funds to complete the impossible task.

Exposure

2021-11-03

11
Biz Area
Genealogy
Relevant Enterprises
Employees
Company Summary
Comment

Users who viewed WWF also viewed..

TMGM

8.55
Score
10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
TMGM
TMGM
Score
8.55
10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website

Exness

9.01
Score
10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Exness
Exness
Score
9.01
10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Official website

AvaTrade

9.50
Score
15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
AvaTrade
AvaTrade
Score
9.50
15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website

EC Markets

9.07
Score
10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
EC Markets
EC Markets
Score
9.07
10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website

Relevant Enterprises

WISE WOLVES FINANCE LTD(Cyprus)
Active
Cyprus
Registration No. HE361580
Established 2016-10-25
Related sources Website Announcement

Company Summary

WWF Review Summary
Founded2016
Registered CountryCyprus
RegulationRegulated by CySEC (License No. 337/17, Market Maker)
Market InstrumentFX
Demo Account
Leverage/
Spread/
Trading Platform/
Minimum DepositEUR 100
Customer SupportPhone: +357 25 366336
Fax: +357 25 355233
Email: wwf@wise-wolves.com

WWF Information

Wise Wolves Finance Ltd, a Cyprus-based financial services firm founded in 2016 and run by CySEC, is under CySEC's regulation. Though it does not permit demo or Islamic accounts, it offers institutional clients a wide range of trading and investment instruments.

WWF Information

Pros and Cons

ProsCons
Regulated by CySECNo demo accounts
Broad range of financial instrumentsHigh trading fees
Various contact channelsNot suitable for beginners
Limited account choices

Is WWF Legit?

Yes, WWWF is regulated. Its Market Maker license is No. 337/17 from the Cyprus Securities and Exchange Commission (CySEC). However, its former FCA (UK) licence expired on October 15, 2022 and is no longer active.

WWF license
WWF license

Products and Services

Through a broad spectrum of financial tools and managed investment services, Wise Wolves Finance Ltd unlocks world financial markets. Its services include structured investment products, FX services, proprietary trading, and order execution.

TypeService
Main Investment ServicesReception and transmission of ordersExecution of orders on behalf of clientsDealing on own account
Ancillary Investment ServicesSafekeeping and administration of financial instrumentsGranting credits or loans related to transactionsCapital structure and M&A advisoryForeign exchange services related to investmentInvestment research and analysis
Covered Financial InstrumentsTransferable securities, Money-market instruments, Units in collective investment undertakings, Derivatives on securities, currencies, interest rates, commodities, etc. Credit derivativesContracts for differences (CFDs)
Product TypesFX Options (Put, Call), Shares, Sovereign Bonds, Corporate Bonds, Depositary Receipts, ETFs and ETCs, Deliverable and Non-Deliverable FX Options
Products and Services

Account Type

Wise Wolves Finance Ltd offers a single type of live brokerage account for institutional and professional clients. There is no demo or Islamic (swap-free) account available. All account openings require document submission and approval from a client manager.

Account Types

WWF Fees

Wise Wolves Finance Ltd charges moderately high fees compared to typical retail brokers, especially for minimum charges across trading and safekeeping services.

Service TypeFee (as % of volume)Minimum FeeRemarks
Stocks (non-US), Bonds0.1% – 0.25%EUR 50Competitive percentage, high minimum
US Stocks & ETFs0.04 USD/EUR per shareEUR 100Fixed per-share model
Currency Exchange0.05%EUR 100Standard rate, but high flat minimum
OTC Derivatives0.003% – 0.15%EUR 100Generally low % but minimum still applies
Safekeeping – InstrumentsUp to 0.25%EUR 100Tiered based on portfolio
Safekeeping – CashUp to 0.75%EUR 100Higher than typical for cash holdings
Corporate ActionFixedEUR 100Flat rate, common for institutional clients
Ancillary ServicesFixedUp to EUR 300No detailed breakdown
WWF Fees

Keywords

  • 5-10 years
  • Regulated in Cyprus
  • Market Maker (MM)
  • Suspicious Scope of Business
  • United Kingdom European Authorized Representative (EEA) Unsubscribed
  • High potential risk

User Reviews 11

All (11) Positive (2) Exposure (9)
Scroll down to view more
Write a review
Exposure
Neutral
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
11
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com