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wolverine foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.wolve.com/, about the company's legal and temporary regulatory information, the company's address 175 W. Jackson Blvd. Suite 200 Chicago, IL 60604.

wolverine Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
wolverine
Abbreviation
wolverine
Company employee
--
Customer Service Email Address
info@wolve.com
Contact Number
+13128844000
Company Website
Company address
175 W. Jackson Blvd. Suite 200 Chicago, IL 60604
Keywords
5-10 years
Suspicious Regulatory License
High potential risk

Company profile

wolverine Review Summary Founded1997 Registered Country/RegionUnited States RegulationNot regulated in the US or by international authorities like FCA or ASIC Market InstrumentsEquities, Derivatives, Futures, ETFs, Bonds Demo Account/ Leverage/ Spread/ Trading PlatformProprietary platforms (WEX, Trading Systems) Min Deposit/ Customer SupportEmail: info@wolve.com Phone: 312.884.4000wolverine Information Established in 1997, Wolverine is a multifaceted financial institution that specialises in order execution services, asset management, proprietary trading, and cutting-edge technological solutions. It leads the market in both liquidity provision and derivatives.Pros and Cons Pros Cons Diversified financial servicesNot regulated Advanced proprietary trading technologyLack of information on fees Strong focus on institutional investorsDemo account not mentionedIs wolverine Legit? Wolverine does not own any licenses from reputable regulatory organisations like the FCA (UK) or ASIC (Australia), nor is it subject to any regulations in the United States, where it is registered. The domain wolve.com was registered on July 15, 1997, and it is currently active with a clientTransferProhibited status, indicating restrictions on transferring administrative control.Businesses of wolverine Wolverine is a multifaceted financial organisation with a focus on technology solutions, asset management, order execution services, and proprietary trading. Business UnitDetails Wolverine TradingEquity, derivative, future, ETF, bond market making and proprietary trading. Wolverine Execution Services (WEX)Providing trading platforms, algorithms, risk management, and trading tools for institutional investors, broker-dealers Wolverine Asset Management (WAM)Focused on techniques including arbitrage, volatility, and event-driven trading, alternative asset management firm 360 Technology Center Solutions (360TCS)Energy-efficient, redundant data centres enable co-location and disaster recovery services.Technology of wolverine Modern technologies are used by Wolverine to support its creative businesses by means of advanced low-latency trading software, risk analysis tools, and market-making systems. While stressing dependability, speed, and efficiency, their technologies optimise trade automation and risk control.Trading Platform Trading PlatformSupported Available Devices Suitable for what kind of traders Wolverine Execution Services (WEX)✔Desktop, WebInstitutional investors Proprietary Trading Systems✔DesktopProprietary traders 360TCS Technology Services✔Data CentersOrganizations

wolverine broker review

Rating Index

  

Wolverine Forex Broker - Complete Information Guide

  

1. Broker Overview

  Wolverine Trading, founded in 1994, is a premier proprietary trading firm headquartered in Chicago, Illinois, with additional offices located in New York, San Francisco, and London. The firm operates as a private entity, specializing in various financial services, including proprietary trading, asset management, and technology solutions. Its primary market includes both retail and institutional clients, focusing on derivatives trading across global equity, options, and futures markets.

  Over the years, Wolverine Trading has achieved significant milestones, including recognition as a market leader in derivatives valuation and trading. The firm has continuously adapted to the evolving financial landscape, emphasizing innovation and integrity in its operations. Wolverine Trading is part of a larger group of financial institutions known as the Wolverine Companies, which encompass a range of diversified financial services.

  The business model of Wolverine Trading primarily revolves around proprietary trading, where the firm trades financial instruments using its own capital rather than clients' funds. This approach allows the firm to leverage its expertise in market-making and order execution, providing competitive advantages in the trading arena.

  

2. Regulatory and Compliance Information

  Wolverine Trading is regulated by several key authorities, ensuring compliance with industry standards. The primary regulatory bodies include:

  • Commodity Futures Trading Commission (CFTC)
  • National Futures Association (NFA)

  The firm holds the following regulatory numbers:

  • NFA ID: 0400875

  Wolverine Trading's licenses are valid and encompass various aspects of trading and financial services, allowing it to operate effectively within the regulatory framework. The firm maintains distinct legal entities across different regions to comply with local regulations.

  A critical aspect of Wolverine Trading's operations is its commitment to client fund protection. The firm implements a segregation policy, ensuring that client funds are kept separate from company funds. Additionally, it participates in investor compensation schemes, providing an extra layer of security for its clients.

  Wolverine Trading adheres to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that all clients are properly vetted and that transactions are monitored to prevent illicit activities.

  

3. Trading Products and Services

  Wolverine Trading offers a diverse range of trading products and services tailored to meet the needs of its clients. The firm provides access to an extensive array of forex currency pairs, including major, minor, and exotic pairs. The exact number of forex pairs available may vary, but the firm ensures that it covers all significant currency options.

  In addition to forex trading, Wolverine Trading offers Contracts for Difference (CFDs) across various categories, including:

  • Indices
  • Commodities
  • Stocks
  • Cryptocurrencies

  The firm is known for its unique trading products, which may include proprietary derivatives and structured products that are not commonly available in the market. Wolverine Trading continuously updates its product offerings, frequently introducing new instruments to meet emerging market demands.

  For retail clients, the firm provides comprehensive trading services, while institutional clients benefit from tailored solutions that may include white-label offerings and asset management services. This dual approach allows Wolverine Trading to cater to a broad spectrum of clients, enhancing its market presence.

  

4. Trading Platforms and Technology

  Wolverine Trading supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most popular trading platforms in the industry. These platforms offer robust trading functionalities, allowing clients to execute trades efficiently and access a wide range of analytical tools.

  In addition to these platforms, Wolverine Trading has developed its own proprietary trading platform, which provides advanced features tailored to the needs of its traders. This platform is designed to enhance user experience and improve execution speeds.

  The firm also offers a web-based trading platform, enabling clients to trade from any device without the need for software installation. Furthermore, mobile applications are available for both iOS and Android, allowing traders to manage their accounts and execute trades on the go.

  Wolverine Trading employs various execution models, including Electronic Communication Network (ECN) and Straight Through Processing (STP), ensuring that trades are executed with minimal latency. The firm's technical infrastructure is supported by strategically located servers, optimizing performance and reliability.

  Additionally, the firm provides API access for automated trading, allowing clients to integrate their trading strategies seamlessly into the platform.

  

5. Account Types and Trading Conditions

  Wolverine Trading offers several account types designed to accommodate different trading styles and preferences. The standard account typically requires a minimum deposit, offers competitive spreads, and may include commissions based on trading volume.

  For advanced traders, Wolverine Trading provides premium account types, such as VIP and professional accounts, which come with enhanced features and benefits, including lower spreads and higher leverage options.

  The firm also offers special account types, such as Islamic accounts for clients requiring Sharia-compliant trading conditions. Additionally, corporate accounts are available for institutional clients seeking tailored solutions.

  Wolverine Trading allows clients to open demo accounts to practice trading strategies without financial risk. The leverage offered varies by product, with forex pairs typically offering higher leverage compared to CFDs.

  The minimum trade size is designed to cater to both novice and experienced traders, while the firm maintains a transparent policy regarding overnight fees and other associated costs.

  

6. Fund Management

  Wolverine Trading supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets, ensuring that clients can fund their accounts conveniently. The minimum deposit requirements vary based on the type of account chosen.

  Deposit processing times are generally quick, with most transactions completed within a few hours. However, specific timings may vary based on the method used. The firm is transparent about any deposit fees, which are minimal or non-existent, depending on the funding method.

  For withdrawals, Wolverine Trading offers multiple methods, with processing times typically ranging from one to three business days. The firm outlines any withdrawal limits and fees associated with different withdrawal methods, ensuring that clients are well-informed.

  

7. Customer Support and Educational Resources

  Wolverine Trading provides comprehensive customer support through various channels, including phone, email, live chat, and social media platforms. The support team operates during business hours, covering multiple time zones to assist clients effectively.

  The firm supports multiple languages, ensuring that clients from diverse backgrounds can access assistance in their preferred language.

  Educational resources offered by Wolverine Trading include webinars, tutorials, and e-books designed to enhance traders' knowledge and skills. Additionally, clients receive market analysis services, including daily reports, news updates, and in-depth research documents.

  For traders seeking tools to aid their trading decisions, Wolverine Trading provides various resources, including calculators, economic calendars, and signal services.

  

8. Geographic Coverage and Restrictions

  Wolverine Trading primarily serves clients in the United States, Canada, and Europe, with a focus on major financial markets. The firm has established regional offices to better serve its clientele and expand its reach.

  While Wolverine Trading has a broad geographic footprint, it does not accept clients from certain countries due to regulatory restrictions. These may include jurisdictions with stringent regulations or those on international sanctions lists.

  Specific limitations and restrictions may apply based on local laws and regulations, ensuring that the firm operates within the legal frameworks of the regions it serves.

  In summary, Wolverine Trading stands out as a robust and versatile broker with a strong reputation in the proprietary trading landscape. Its commitment to regulatory compliance, diverse product offerings, and advanced trading technology positions it as a leading choice for traders and institutions alike. The firms focus on innovation and client satisfaction makes it a notable player in the financial services industry, earning its place as a trusted wolverine broker.

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wolverine Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.04, Software Index 4.00 Risk Control Index 0.00.