Company profile
Note: Wrich's official website:http://www.wrich.net/Home/index is currently inaccessible normally.Wrich Review Summary in 11 PointsCompany nameWrichFounded 2010Registered country/regionChina(HongKong)RegulationUnregulatedTrading PlatformsMeta Trader 5Market InstrumentsFutures,Options,bonds(normal convertible),assest managementDemo AccountAvailableMinimum Deposit1000 HKDMaximum LeverageN/ASpreadN/ACustomer SupportEmail: info@wrich.comPhone: 4008880968Live ChatWrich Information Founded in 2010 and headquartered in Hong Kong, China, Wrich is an unregulated financial services company. Wrich offers a variety of market instruments, including futures, options, regular and convertible bonds, and asset management services. Facilitate trading through the MetaTrader 5 platform and provide a demo account for practicing trading. Wrich provides customer support by phone (4008880968) and email (info@wrich.com).Pros and ConsProsConsVarious market instrumentsNot regulatedAccessible Minimum DepositWebsite can't be opened nowIs Wrich Legit? Wrich holds a license regulated by Financial Services Commission(FSC), but the license has currently revoked, so Wrich' regulatory status is unregulated.Regulatory Status Suspicious cloneRegulated by Financial Services CommissionLicensed Institution Always Rich Global LimitedLicensed TypeCommon Financial Service LicenseLicensed NumberIFSC/60/467/BCA/16What Can I Trade on Wrich? Wrich offers a varied selection of market instruments, satisfying different investment preferences and strategies. You can trade dozens of products including Futures, Options, Bonds and Asset Management.Tradable Instruments Supported Futures✔Options✔Bonds✔Asset Management✔Wrich Fees Depending on the product, the commission rate ranges from 3% to 13%, which may be relatively high.Trading Platform Wrich offers its trading services through a single, well-established trading platform: MetaTrader 5 (MT5).Trading PlatformSupportedAvailable Devices Suitable for MetaTrader 5 (MT5)✔web,pc,mobileAnyoneDeposit and Withdrawal Optional recharge methods include bank transfer, credit/debit card or third-party payment methods such as PayPal or WeChat pay, and recharge at least the minimum required amount (HK 1,000).
Rey
Philippines
Ever since the day I met this broker and decided to check it out, I have never been able to get specific answers to my questions from the broker support. !!!!!****** Until I decided to test the cTrader platform by creating a demo account. For a while everything went well until ...When I looked at history, I saw that when I was not even working, hundreds of transactions were taken automatically and quite strangely. Which are all closed at a loss. Not even one number closed with a profit, and the same thing happened over and over again. As far as the whole account was concerned. I discussed this issue with the broker, but they did not respond. ___ ******Stay away from this broker.*******
Exposure
2021-09-17