Wise Tradefx
We checked Wise Tradefx against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Wise Tradefx is not a reliable broker for traders even though it states offers that look good to be true. Wise Tradefx claims to be authorized and regulated by the Seychelles Financial Services Authority (Seychelles FSA). However, we did not find any match results to Wise Tradefx in Seychelles FSA. The regulation information is a false statement for unsuspecting traders. Besides, Wise Tradefx shows its office addresses in the United Kingdom and the United States. According to the relevant national laws, we searched among the following regulatory bodies： 1) the UK Financial Conduct Authority (FCA); 2) the US National Futures Association (NFA). However, we did not find any match results to Wise Tradefx in the above watchdog's registries. That means Wise Tradefx 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.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Wise Tradefx.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.