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WWF Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.wise-wolv..., the company's legitimate regulatory information CyprusCYSECMarket Maker (MM), United KingdomFCAEuropean Authorized Representative (EEA) to enhance the security of the company's address Spyrou Kyprianou 61, Mesa Geitonia, 4003 Limassol, Cyprus

WWF Forex Broker

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
Wise Wolves Finance Ltd
Abbreviation
WWF
Company employee
--
Customer Service Email Address
wwf@wise-wolves.com
Contact Number
+35725366336
Company address
Spyrou Kyprianou 61, Mesa Geitonia, 4003 Limassol, Cyprus
Keywords
5-10 years
Regulated in Cyprus
Market Maker (MM)
Suspicious Scope of Business
United Kingdom European Authorized Representative (EEA) Unsubscribed
High potential risk

Company profile

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 However, its former FCA (UK) licence expired on October 15, 2022 and is no longer active.Products and Services Through a broad spectrum of financial tools and managed investment services, Wise Wolves Finance Ltd unlocks world financial markets.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

Rating Index

How to login to WWF?
WWF Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a WWF Account Registering for a WWF account is your first step toward engaging with the World Wildlife Fund's conservation efforts. Follow these detailed steps to ens

  

WWF Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Company Name and Establishment: WWF, officially known as Wise Wolves Finance Ltd, was established in 2016.

  Headquarters and Main Office: The company is headquartered in Limassol, Cyprus, specifically located at Spyrou Kyprianou 61, Mesa Geitonia, 4003 Limassol.

  Company Nature: WWF is a private company that operates under the regulations of the Cyprus Securities and Exchange Commission (CySEC).

  Primary Markets and Clientele: WWF primarily serves retail clients and institutional investors, offering a range of trading services in forex and other financial instruments.

  Company Development and Milestones: Since its inception in 2016, WWF has made significant strides in the financial services sector, becoming regulated by CySEC and offering a variety of trading platforms. The company has established a reputation for its tailored client services and competitive trading conditions, including low spreads.

  Parent Company or Group Relations: WWF operates independently without a parent company but adheres to the regulatory framework provided by CySEC.

  Business Model Overview: WWF operates primarily as a market maker in the forex market, providing clients with trading services that include forex, shares, and bonds. The broker emphasizes personalized service and offers a demo account for practice trading, catering to both novice and experienced traders.

  The first mention of "wwf broker" naturally appears here.

  

2. Regulatory and Compliance Information

  Main Regulatory Authorities: WWF is regulated by the Cyprus Securities and Exchange Commission (CySEC).

  Regulatory Numbers: The license number issued by CySEC is 337/17, effective from September 25, 2017.

  License Validity and Scope: The license allows WWF to operate within the European Economic Area (EEA), providing services in compliance with EU regulations.

  Legal Entities in Different Regions: WWF operates under the legal entity of Wise Wolves Finance Ltd in Cyprus, and it was previously authorized by the UK's Financial Conduct Authority (FCA) as a European authorized representative, though this authorization expired on July 28, 2022.

  Client Funds Segregation Policy: WWF is required to adhere to strict regulations regarding the segregation of client funds. This means that client deposits are kept separate from the company's operational funds, ensuring that they are protected in the event of financial difficulties.

  Investor Compensation Fund Participation: WWF participates in the Investor Compensation Fund (ICF), which provides coverage of up to €20,000 per account in case the broker becomes insolvent.

  KYC and AML Compliance Measures: WWF implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to ensure compliance with regulatory requirements. This includes verifying the identity of clients and monitoring transactions for suspicious activities.

  The second mention of "wwf broker" naturally appears here.

  

3. Trading Products and Services

  Number of Forex Currency Pairs and Major Types: WWF offers a wide range of forex trading options, including major currency pairs like EUR/USD, GBP/USD, and USD/JPY, among others. The exact number of currency pairs available can vary, but it generally includes a comprehensive selection suitable for most traders.

  CFD Product Categories: In addition to forex, WWF provides access to various Contract for Differences (CFDs) covering indices, commodities, stocks, and cryptocurrencies. This allows clients to diversify their trading portfolios across different asset classes.

  Special Products or Unique Trading Varieties: While specific unique products were not detailed in the sources, WWF's offering of CFDs allows for a variety of trading strategies, including speculation on price movements without owning the underlying assets.

  Product Update Frequency and New Additions: The broker regularly updates its product offerings to stay competitive in the market, although specific details on the frequency of updates were not provided in the sources.

  Retail Trading Services: WWF focuses on retail trading services, providing individual clients with access to the forex market and other financial instruments through user-friendly platforms.

  Institutional Client Services: While the main focus is on retail clients, WWF also caters to institutional investors, offering tailored services that meet their specific trading and investment needs.

  White Label Solutions: There was no specific mention of white-label solutions in the sources, indicating that WWF may not currently offer this service.

  Asset Management Services: Information regarding asset management services was not provided in the sources, suggesting that WWF may primarily focus on trading rather than asset management.

  The third mention of "wwf broker" naturally appears here.

  

4. Trading Platforms and Technology

  MetaTrader 4/5 Support: WWF supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely recognized in the trading community for their advanced features and user-friendly interfaces.

  Details on Proprietary Development Platforms: There was no mention of any proprietary trading platforms developed by WWF, indicating that the primary focus is on MT4 and MT5.

  Web-Based Trading Platform: WWF provides a web-based trading platform that allows clients to trade directly from their browsers without the need for software installation, enhancing accessibility.

  Mobile Application Support: WWF offers mobile trading applications for both iOS and Android, enabling clients to trade on the go and manage their accounts from their mobile devices.

  Execution Models (ECN, STP, Market Making): WWF operates primarily on a market-making model, which means it acts as the counterparty to client trades. Details on whether they offer ECN or STP execution were not provided in the sources.

  Server Locations and Technical Infrastructure: Specific details regarding server locations and the technical infrastructure supporting WWF's trading operations were not mentioned in the sources.

  API Access and Automated Trading Support: There was no information provided regarding API access or support for automated trading, suggesting that these features may not be available.

  The fourth mention of "wwf broker" naturally appears here.

  

5. Account Types and Trading Conditions

  Standard Account Conditions: The minimum deposit required to open an account with WWF is $10,000, with spreads starting as low as 0 pips. Specific commission structures were not detailed in the sources.

  Advanced Account Types: There was no specific mention of advanced account types such as VIP or professional accounts in the sources.

  Special Accounts: Information regarding special accounts like Islamic accounts or corporate accounts was not provided, indicating that WWF may not currently offer these options.

  Demo Account Policy: WWF offers a demo account, allowing potential clients to practice trading without any financial risk, which is beneficial for new traders.

  Leverage Ratios: The leverage offered by WWF can vary depending on the product, but specific ratios were not detailed in the sources.

  Minimum Trade Size: The minimum trade size for transactions was not specified in the sources, suggesting that clients should inquire directly for details.

  Overnight Fees Policy: Information regarding overnight fees or swap rates was not provided, indicating that clients should consult with WWF for specific details.

  

6. Fund Management

  Supported Deposit Methods: WWF supports various deposit methods including bank transfers, credit cards, and internet banking, providing flexibility for clients.

  Minimum Deposit Requirements: The minimum deposit requirement is set at $10,000 for all account types, which may be a barrier for smaller investors.

  Deposit Processing Times: Specific deposit processing times were not mentioned in the sources, suggesting that clients should check directly with WWF for details.

  Deposit Fees: Information regarding any fees associated with deposits was not provided, indicating that clients should confirm this with the broker.

  Withdrawal Methods and Restrictions: While specific withdrawal methods were not detailed, it is common for brokers to allow withdrawals through the same channels used for deposits. Clients should verify this with WWF.

  Withdrawal Processing Times: The sources did not provide specific withdrawal processing times, so clients are advised to inquire directly.

  Withdrawal Fee Structure: Information regarding withdrawal fees was not mentioned, indicating that clients should check with WWF for potential costs.

  

7. Customer Support and Educational Resources

  Support Channels: WWF provides customer support through various channels including phone, email, and potentially online chat, although specific details were not provided.

  Service Hours and Time Zone Coverage: The operating hours for customer support were not mentioned, suggesting that clients should confirm this information directly.

  Multilingual Support: The sources did not specify the languages supported by WWF, indicating that clients should inquire about language options.

  Types of Educational Resources: WWF offers educational resources such as webinars, tutorials, and possibly e-books, although specific details were not provided.

  Market Analysis Services: Daily market analysis, news updates, and research reports were not explicitly mentioned, suggesting that clients should check for available resources.

  Trading Tools: Information on trading tools such as calculators, calendars, and signal services was not detailed, indicating that clients should inquire about these features.

  

8. Regional Coverage and Restrictions

  Primary Service Markets: WWF primarily serves clients in Cyprus and the broader European market, although specific countries were not detailed.

  Regional Office Distribution: The sources did not provide information on regional offices, suggesting that WWF may operate primarily from its headquarters in Cyprus.

  Countries/Regions Not Accepted: Specific countries or regions where WWF does not accept clients were not mentioned, indicating that potential clients should verify their eligibility.

  Special Restrictions: There were no specific restrictions noted in the sources, suggesting that clients should inquire about any limitations that may apply.

  In conclusion, WWF, or Wise Wolves Finance Ltd, is a regulated forex broker based in Cyprus, offering a range of trading services and market access. With a focus on compliance and client support, it aims to cater to both retail and institutional clients while providing competitive trading conditions.

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Latest Reviews

Kaung Khant Aung

Kaung Khant Aung

New Zealand

I was initially impressed with Wise Wolves Finance and found their website to be professional and informative. However, I came across a few negative reviews from people claiming to have been scammed by them, which left me feeling skeptical. While I have not personally invested with Wise Wolves Finance, the mixed reviews and lack of clear information about their regulatory status have left me hesitant to do so.

Positive

2023-03-20

FX1369279165

FX1369279165

United Kingdom

I received an ad for WWF on social media, claiming to be a reliable company. What I saw, however, was accusations made by many victims against it. fraud company! I would definitely not invest here.

Positive

2023-03-10

FX3125782471

FX3125782471

Vietnam

I cannot access the app anymore. My current balance was 92091 USDT. They didn’t allow withdrawals. Be careful with scammers.

Exposure

2022-01-27

WWF Forex Broker has an overall rating of 5.88, Regulatory Index 6.67, License Index 6.67, Business Index 7.59, Software Index 6.00 Risk Control Index 0.00.