Twelve Whales Broker Review

　　

Twelve Whales 2025 Review: Everything You Need to Know

　　In the rapidly evolving world of online trading, the emergence of new brokers can often lead to confusion and uncertainty. The "Twelve Whales" brokerage has recently gained attention, but it raises several red flags that potential investors should consider. This review synthesizes various expert opinions and user experiences to provide a comprehensive overview of Twelve Whales, highlighting both its offerings and the significant risks involved.

　　Note: It's essential to recognize that Twelve Whales operates in a complex regulatory environment, with different entities across regions. This review aims for fairness and accuracy, drawing from multiple sources to present a balanced view.

　　

Rating Overview

Category	Rating (out of 10)
Account Conditions	3
Tools and Resources	4
Customer Service and Support	2
Trading Setup (Experience)	3
Trustworthiness	1
User Experience	2

　　We assign ratings based on a synthesis of user feedback and expert evaluations.

　　

Broker Overview

　　Founded in 2024, Twelve Whales positions itself as a modern brokerage offering a diverse range of financial instruments, including forex, stocks, commodities, indices, and cryptocurrencies. The platform claims to provide a proprietary trading experience with advanced technology, but the lack of regulatory oversight raises significant concerns. The broker does not appear to be regulated by any major financial authority, which is a crucial factor for safeguarding investor funds.

　　

Detailed Review

　　

Regulatory Status and Safety of Funds

　　Twelve Whales operates without proper regulatory oversight, which is a major concern for potential clients. According to multiple sources, including the Financial Conduct Authority (FCA) and the Autorité des marchés financiers (AMF), Twelve Whales has been flagged for operating without necessary licenses. This lack of regulation means that investors may not have the same protections as they would with a regulated broker, significantly increasing the risk of financial loss (source).

　　

Deposit and Withdrawal Methods

　　The broker accepts a variety of deposit methods, including bank transfers, credit cards, e-wallets, and even cryptocurrencies. However, users have reported significant issues with withdrawals, often encountering delays and unexpected fees. This aligns with common tactics used by unregulated brokers to prevent clients from accessing their funds once deposited (source).

　　

Minimum Deposit

　　Twelve Whales requires a minimum deposit of €10,000, which is relatively high compared to other brokers in the market. This high entry threshold can deter novice traders, making it more accessible to those with significant capital. However, investing such a large sum into an unregulated platform poses considerable risks (source).

　　

Bonuses and Promotions

　　While Twelve Whales does not prominently advertise bonuses or promotions, it is essential to approach any offers with caution. Unregulated brokers often use enticing promotions to lure in clients, only to impose restrictions later that prevent withdrawals.

　　

Tradable Asset Classes

　　Twelve Whales claims to offer a wide range of tradable assets, including forex, stocks, commodities, indices, and cryptocurrencies. However, the lack of transparency regarding the specific conditions of these assets raises concerns. Users have noted that the platform does not provide clear information about spreads, fees, or commissions, making it difficult to assess the true cost of trading (source).

　　

Costs (Spreads, Fees, Commissions)

　　The broker claims to offer competitive spreads, particularly in forex trading. However, there is little detailed information available about the actual costs involved, which can lead to confusion for traders. The absence of clear fee structures is a significant drawback, as it limits transparency and can lead to unexpected expenses (source).

　　

Leverage

　　Twelve Whales reportedly offers high leverage options, particularly in forex trading. While high leverage can amplify profits, it also increases risk, especially for inexperienced traders. Regulated brokers typically impose limits on leverage to protect clients from excessive losses, which is not the case here (source).

　　

Trading Platforms

　　The platform claims to be proprietary and user-friendly, but user reviews indicate that the trading experience may not live up to expectations. The lack of widespread reviews and feedback on the platform's functionality raises concerns about its reliability and performance (source).

　　

Restricted Regions

　　Though specific information on restricted regions is not readily available, the lack of regulation suggests that Twelve Whales may not be compliant with the laws governing trading in many jurisdictions. This could expose traders to legal risks if they engage with the platform from regions where it is not authorized to operate (source).

　　

Customer Service Languages

　　Twelve Whales offers customer support in multiple languages, but user feedback suggests that the quality of service is lacking. Many users have reported difficulty in reaching customer service, particularly when attempting to resolve withdrawal issues (source).

　　

Summary Ratings Breakdown

Category	Rating (out of 10)	Detailed Explanation
Account Conditions	3	High minimum deposit and lack of transparency in account types.
Tools and Resources	4	Limited educational resources; unclear trading conditions.
Customer Service and Support	2	Poor user feedback regarding responsiveness and effectiveness.
Trading Setup (Experience)	3	Proprietary platform claims but lacks reliable reviews.
Trustworthiness	1	Unregulated status and multiple warnings from financial authorities.
User Experience	2	Negative user experiences reported, particularly regarding withdrawals.

　　In conclusion, the Twelve Whales review reveals significant risks associated with trading on this platform, primarily due to its unregulated status and lack of transparency. Potential investors are strongly advised to conduct thorough research and consider safer, regulated alternatives before committing any funds. The allure of high leverage and diverse asset classes does not outweigh the potential dangers of engaging with a broker that lacks proper oversight.