Wise Wolves Group, officially known as Wise Wolves Finance Ltd, was founded in 2016 and is headquartered in Limassol, Cyprus. As a private company, it operates primarily in the financial services sector, focusing on brokerage, fiduciary, and payment solutions. The company's client base includes individuals, family offices, Cypriot and foreign companies, as well as venture and investment funds.
Since its inception, Wise Wolves Group has established itself as a significant player in the financial industry, emphasizing personalized service and tailored financial solutions. The company has achieved important milestones, such as obtaining licenses from the Cyprus Securities and Exchange Commission (CySEC) and the Central Bank of Cyprus, which allows it to operate within the European Union under strict regulatory frameworks.
The business model of Wise Wolves Group includes offering retail forex services, institutional services, and a range of financial products, making it a versatile option for traders and investors alike. As a recognized wise wolves group broker, it aims to provide comprehensive financial services that cater to the diverse needs of its clientele.
Wise Wolves Group is regulated by the Cyprus Securities and Exchange Commission (CySEC), holding the license number 337/17. This license is valid indefinitely and allows the company to provide investment services across the European Union. Additionally, Wise Wolves Group is also licensed as a payment institution by the Central Bank of Cyprus, with the license number 115.1.2.32.
The company adheres to strict client fund segregation policies, ensuring that client funds are kept separate from the firm's operational funds. This practice enhances the safety of clients' investments. Furthermore, Wise Wolves Group participates in the Investor Compensation Fund (ICF), which provides coverage of up to €20,000 per client in case of insolvency.
Wise Wolves Group implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, ensuring compliance with international standards and regulatory requirements. This commitment to regulatory adherence underscores the firm's dedication to maintaining a secure trading environment for its clients.
Wise Wolves Group offers a diverse range of trading products, including a variety of forex currency pairs and Contracts for Difference (CFDs). The broker provides access to major, minor, and exotic currency pairs, allowing traders to engage in extensive forex trading activities. Additionally, clients can trade CFDs on various asset classes, including:
The broker frequently updates its product offerings to include new instruments based on market demand and client feedback. Retail trading services are complemented by institutional services, providing tailored solutions for larger clients. Wise Wolves Group also offers white-label solutions and asset management services, catering to a wide array of financial needs.
Wise Wolves Group supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, widely recognized for their user-friendly interfaces and advanced trading capabilities. Additionally, the broker has developed its proprietary trading platform, which offers unique features and functionalities tailored to its clients' trading preferences.
The broker's trading infrastructure is built on robust technology, ensuring fast order execution and minimal latency. The servers are strategically located to optimize performance and reliability. Wise Wolves Group also supports API access for clients interested in automated trading solutions, further enhancing the trading experience.
For mobile trading, Wise Wolves Group offers applications compatible with both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go. The execution model employed by the broker includes Market Making, providing clients with competitive spreads and efficient trade execution.
Wise Wolves Group provides various account types to cater to the diverse needs of its clients. The standard account conditions include:
For advanced traders, the broker offers VIP and professional accounts, which come with lower spreads and enhanced features. Special accounts, such as Islamic accounts for clients adhering to Sharia law, are also available.
The broker does not currently offer demo accounts, which may limit the ability for potential clients to test the platform before committing. Leverage options range from 1:30 to 1:500, depending on the asset class. The minimum trade size is 0.01 lots, allowing traders to start with smaller positions.
Wise Wolves Group also has policies regarding overnight fees, which are applicable to positions held beyond the trading day.
Wise Wolves Group supports a variety of deposit methods, including:
The minimum deposit requirement varies by account type, with standard accounts starting at €200. Deposits are typically processed within 1-3 business days, depending on the method used.
In terms of fees, Wise Wolves Group does not charge for deposits, but withdrawal fees may apply based on the chosen method. Withdrawal requests are processed within 1-5 business days, and clients can withdraw funds using the same methods as deposits.
The broker maintains a transparent fee structure, ensuring clients are aware of any potential costs associated with their transactions.
Wise Wolves Group offers customer support through various channels, including:
The support team is available during regular business hours, covering multiple time zones to assist clients from different regions. The broker provides support in several languages, ensuring effective communication with its diverse client base.
In addition to customer support, Wise Wolves Group offers a range of educational resources, including:
Market analysis services are also available, providing clients with daily insights, news updates, and research reports to help them make informed trading decisions. The broker provides a variety of trading tools, such as calculators and economic calendars, to assist traders in their activities.
Wise Wolves Group primarily serves clients within the European Union, United Kingdom, and Switzerland. The company has established offices in Limassol, Cyprus, which acts as its main hub for operations.
However, the broker does not accept clients from certain jurisdictions, including the United States, Canada, and countries under international sanctions. Specific restrictions may apply based on local regulations, and potential clients are encouraged to verify their eligibility before opening an account.
In summary, Wise Wolves Group is positioned as a reliable and comprehensive financial services provider, catering to a wide range of clients with diverse needs. As a recognized wise wolves group broker, it offers a broad array of trading products, competitive conditions, and robust regulatory compliance, making it a suitable choice for both retail and institutional traders.
Mm8579
United Kingdom
This company WISE WOLVES GROUP doesn't seem to be a forex dealer and after a quick browse I found that I wasn't interested in it. Wikifx shows its regulatory license as a clone.
37130
2022-12-09