WiseTrade

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CheckBroker register › WiseTrade
AC-500720

WiseTrade

⚠ Flagged on the register · High risk

We checked WiseTrade against the AskCheck register. It has been reported (2025) and carries the red flags below. Treat it with extreme caution.

Why it’s flagged

⚑ Reported by our community & upstream sources
Named in relation to FCA (UK)

What we found

WiseTrade fails to provide essential regulatory disclosures typically required of legitimate forex brokers. It merely states that WiseTrade Limited is registered in the United Kingdom. However, upon verification with the UK’s Financial Conduct Authority (FCA), we found no record of WiseTrade Limited being authorized or regulated to offer financial trading services. This means the platform is not permitted to conduct brokerage activities in the UK under FCA supervision. Given the absence of credible regulation and the associated high risks, we consider WiseTrade as a fraudulent broker.

Assessment source: FastBull BrokersView.

What to do next

  1. Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
  2. Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
  3. Report it to your regulator and to local police / action-fraud line so it’s on the official record.
  4. Add your report here so the next person searching this name is warned — report WiseTrade.
  5. Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.

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