Wisdom Trading Forex Broker

Wisdom Trading provides services including global commodity brokerage, managed futures consulting, direct access trading, and trading system execution via various trading platforms. However, there is a concern that their NFA license might be a cloned one.Pros and Cons Pros Cons Commodity Trading Advisors (CTAs) and various Trading Systems ProvidedSuspected Fake Clone License of NFA Various Trading Platforms ProvidedLimited Transaction Information Related to Accounts, Fees, Funding Methods, etc Specialized in Futures TradingIs Wisdom Trading Legit? Wisdom Tradings license of the National Futures Association (NFA) is suspected as fake clone. Regulatory Status Suspected Fake Clone Regulated by United States Licensed Institution WISDOM TRADING INC Licensed TypeCommon Financial Service License Licensed Number0336784What Can I Trade on Wisdom Trading? Wisdom Trading offers agriculture, energy, metals, forex, cryptos, and financial futures. Apart from trading instruments, it also provides various trading system for futures trading including execution of proprietary trading systems, design and development of trading systems, exclusive in-house trading systems, managed system trading accounts, and open source trading systems. Tradable Instruments Supported Forex✔ Commodities✔ Energy✔ Indices❌ Cryptocurrencies✔ Financial Futures✔ Shares❌ ETFs❌ Bonds❌ Mutual Funds❌Trading Platform Wisdom Trading offers CQG TRADER, Cqg Qtrader, Cqg Integrated Client, Cqg Api, Weboe, Mobile Trader, and Wisdom Online trading platforms. These platforms include browser-based one like CQG Trader, which provides real-time quotes, market depth, and charts, as well as download clients like CQG QTrader and integrated like CQG Integrated Client. Besides, Weboe and Wisdom Online offer real-time updates and market depth. Platform NameTypeReal-time QuotesMarket DepthReal-time ChartsRisk ManagementAvailable Markets CQG TraderBrowser-based✔✔✔Pre-trade buying power calculationsCME Group, ICE US, ICE EUR, Liffe, Eurex, etc. CQG QTraderDownload client✔✔✔ CQG Integrated ClientIntegrated client✔✔✔ CQG APIThird-party✔✔✔ WeboeWeb-basedSnapshot, Real-time✔✔✔CME, GLOBEX, CBOT, NYMEX, ICE, LIFFE, EUREX Mobile TraderMobile app✔❌✔✔ Wisdom OnlineWeb-basedSnapshot, Real-time✔✔✔Customer Service Wisdom Trading supports multi-channel to contact them including phone, email and online messaging. Contact Options Details Phone (800) 854-8203 / +1-949-933-0179 Email info@wisdomtrading.com Online Messaging✔ Online Chat ❌ Social Media Instagram, Twitter Supported Language English Website Language English Physical Address 2043 Westcliff Suite 208 Newport Beach, CA 92660The Bottom Line In conclusion, Wisdom Trading owns kinds of trading products and a batch of specified services, platforms and trading systems, which are more suitable for advanced traders who have the expertise to utilize these sophisticated tools. Most importantly, its license of NFA is suspected as fake clone one.FAQs Is Wisdom Trading safe? No. Its license of NFA has been regarded as fake clone and there is limited information related to transaction provided. Is Wisdom Trading a good for beginners? No. Although it offers many trading systems and trading systems, they are difficult to use for beginners. Is Wisdom Trading good for day trading? No.