WWF Forex Broker

WWF Review SummaryFounded2016Registered CountryCyprusRegulationRegulated by CySEC (License No. 337/17, Market Maker)Market InstrumentFX Demo Account❌Leverage/Spread/Trading Platform/Minimum DepositEUR 100Customer SupportPhone: +357 25 366336Fax: +357 25 355233Email: wwf@wise-wolves.comWWF Information Wise Wolves Finance Ltd, a Cyprus-based financial services firm founded in 2016 and run by CySEC, is under CySEC's regulation. Though it does not permit demo or Islamic accounts, it offers institutional clients a wide range of trading and investment instruments.Pros and ConsProsConsRegulated by CySECNo demo accountsBroad range of financial instrumentsHigh trading feesVarious contact channelsNot suitable for beginnersLimited account choicesIs WWF Legit? Yes, WWWF is regulated. Its Market Maker license is No. 337/17 from the Cyprus Securities and Exchange Commission (CySEC). However, its former FCA (UK) licence expired on October 15, 2022 and is no longer active.Products and Services Through a broad spectrum of financial tools and managed investment services, Wise Wolves Finance Ltd unlocks world financial markets. Its services include structured investment products, FX services, proprietary trading, and order execution.TypeService Main Investment ServicesReception and transmission of ordersExecution of orders on behalf of clientsDealing on own accountAncillary Investment ServicesSafekeeping and administration of financial instrumentsGranting credits or loans related to transactionsCapital structure and M&A advisoryForeign exchange services related to investmentInvestment research and analysisCovered Financial InstrumentsTransferable securities, Money-market instruments, Units in collective investment undertakings, Derivatives on securities, currencies, interest rates, commodities, etc. Credit derivativesContracts for differences (CFDs)Product TypesFX Options (Put, Call), Shares, Sovereign Bonds, Corporate Bonds, Depositary Receipts, ETFs and ETCs, Deliverable and Non-Deliverable FX Options Account Type Wise Wolves Finance Ltd offers a single type of live brokerage account for institutional and professional clients. There is no demo or Islamic (swap-free) account available. All account openings require document submission and approval from a client manager.WWF Fees Wise Wolves Finance Ltd charges moderately high fees compared to typical retail brokers, especially for minimum charges across trading and safekeeping services.Service TypeFee (as % of volume)Minimum FeeRemarksStocks (non-US), Bonds0.1% – 0.25%EUR 50Competitive percentage, high minimumUS Stocks & ETFs0.04 USD/EUR per shareEUR 100Fixed per-share modelCurrency Exchange0.05%EUR 100Standard rate, but high flat minimumOTC Derivatives0.003% – 0.15%EUR 100Generally low % but minimum still appliesSafekeeping – InstrumentsUp to 0.25%EUR 100Tiered based on portfolioSafekeeping – CashUp to 0.75%EUR 100Higher than typical for cash holdingsCorporate ActionFixedEUR 100Flat rate, common for institutional clientsAncillary ServicesFixedUp to EUR 300No detailed breakdown