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WWF Forex Broker provides real users with 2 positive reviews, * neutral reviews and 9 exposure review!

WWF Broker Review

5.88

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Field Survey Great

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Risk Manage

WWF Review 11

Latest All(11) Positive(2) Exposure(9)
Positive

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.

Kaung Khant Aung
2023-03-20
Positive

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.

FX1369279165
2023-03-10
Exposure
WWF fraud

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

FX3125782471
2022-01-27
Exposure
Have to pay a margin when withdraw

At the beginning, someone recommended me to use. After operate for several times, I found that the cash can be withdrawn, but then after participating in the bonus activity, things followed one after another and the withdrawal was rejected. At the end , I was told that someone else deposit 4000 and suspected money laundering and required a margin of 4000USDT. The customer service said that it can be paid in batches. When I paid the 1665USDT and needed to pay the remaining amount, I couldn't contact the customer service anymore. I realized that my money might not be available to withdraw...

朱婉菁
2021-12-13
Exposure
WWF fraud

This guy induced me to invest in this WWF app. After a few successful withdrawals with a small amount, I have deposited a total of 66954 USDT, but after making profit of more than 28000 USDT, the app blocked withdrawal and asked me to pay 20% tax. I asked for proof of tax payment, but customer service replied very crookedly and now they have frozen my account. The current balance is 92091 USDT. Be careful with the person with the nick in the photo and this scam app! #WWFscam, #WWF, #scam #romancescam

FX3125782471
2021-11-30
Exposure
WWF fraud

At the beginning, my friend introduced me to this and then told me that there was a bonus activity, but I did not have enough money that time so my friend deposit 1,600 dollars for me. After that, my account could not be withdrawn. After asking the customer service, he said that it was considered as malicious money laundering due to deposit by other people and ask me to make up the money. After completing the amount, it is also impossible to withdraw cash. I wans Informed that the account was temporarily frozen because of malicious money laundering and 10% margins fee of the deposit is required. After the payment is completed, the withdrawal is successful but not received. After inquiring, the customer service said that it is required to pay late fee due to the crowded Taiwan channel. Then, they gave me a line of BRC and said that it was a representative of the Banking Regulatory Commission in Taiwan. After the contact, they said that I need to pay 20% of the deposit for margin and another 5% for tax. I didn’t receive anything after finishing that. I asked the person of BRC and he gave me a phone number from the Financial Supervision and Administration Commission and said that he had arranged a withdrawal. If I did not receive it, I should contact Chen. The phone number is real but there is no more response when I asked his extension and his full name.

FX2211981857
2021-11-29
Exposure
Scam Alerts!!!!

I have loaded into this scam application totaling nearly 67000 USDT and all withdrawals have been rejected. Don't be fooled by this app! ! ! I will post until I get my money back! ! ! ! !

FX3125782471
2021-11-21
Exposure
Scam!

I was lured into this scam by a Chinese. After several successful withdrawals, I was persuaded to put all my money into this fake application. This guy even insisted that I should use a credit card, borrow money from friends and so on, throwing everything into this. I lost to these scammers because they rejected all my withdrawal requests due to not paying taxes even if it was never mentioned anywhere. They said that taxes can only be paid by deposit. Now they just closed the chat with my customer service. They just want to steal your money, don't be fooled!

FX1855511657
2021-11-20

  

WWF 2025 Review: Everything You Need to Know

  Summary: The WWF (Wise Wolves Finance) broker has garnered mixed reviews, with its regulatory status and high minimum deposit requirements being notable concerns. However, its competitive spreads and access to popular trading platforms like MT4 and MT5 are highlighted as positive features.

  Note: It is crucial to recognize that the regulatory landscape varies by region, and the expired FCA authorization may impact the broker's credibility in certain jurisdictions. This review aims to provide a fair and accurate assessment based on available data.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 6
Customer Service and Support 5
Trading Experience 6
Trustworthiness 5
User Experience 4

  How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding the broker's operations.

  

Broker Overview

  Founded in 2016, Wise Wolves Finance Ltd (WWF) is a financial services company based in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers a range of trading platforms, primarily MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are well-regarded in the trading community for their robust features and user-friendly interfaces. WWF provides access to various asset classes, including forex, shares, and bonds, catering to a diverse clientele.

  

Detailed Breakdown

  

Regulatory Jurisdictions

  WWF operates under the regulatory oversight of CySEC, which provides a level of security for traders. However, it is important to note that the firm was previously authorized by the UK's Financial Conduct Authority (FCA), but this authorization expired in July 2022. This lapse may raise concerns among potential clients regarding the broker's reliability in certain regions.

  

Deposit/Withdrawal Methods

  WWF supports multiple deposit and withdrawal methods, including bank transfers, credit/debit cards, and internet banking. However, the minimum deposit requirement is relatively high at $10,000, which may deter smaller investors. This requirement is a significant factor when considering the accessibility of the broker.

  

Bonuses/Promotions

  Currently, there is no specific information available regarding bonuses or promotions offered by WWF. Traders are advised to inquire directly with the broker for any potential incentives.

  

Tradable Asset Classes

  WWF offers a diverse range of tradable assets, including forex pairs, stocks, and bonds. This variety allows traders to create a well-rounded portfolio and engage in multiple market strategies.

  

Costs (Spreads, Fees, Commissions)

  The broker advertises competitive spreads starting from 0 pips, which is attractive for traders seeking low-cost trading options. However, specific details regarding commission structures and other potential fees are not clearly outlined, suggesting that traders should conduct thorough inquiries before committing.

  

Leverage

  While the exact leverage ratios are not specified in the available resources, it is common for brokers in this category to offer leverage options. Traders should verify these details with WWF to ensure they align with their risk management strategies.

  

Allowed Trading Platforms

  WWF primarily offers access to the MT4 and MT5 platforms, which are known for their advanced trading tools and analytical capabilities. These platforms are suitable for traders of all skill levels, providing a comprehensive trading experience.

  

Restricted Regions

  There is limited information on specific regions where WWF may be restricted. However, the expired FCA authorization in the UK could imply limitations for UK-based clients. Traders should confirm their eligibility based on their geographic location.

  

Available Customer Support Languages

  WWF provides customer support primarily in English, with contact options available via phone and email. The availability of dedicated customer support is a positive aspect, as it can enhance the overall client experience.

  

Repeated Rating Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 6
Customer Service and Support 5
Trading Experience 6
Trustworthiness 5
User Experience 4

  

Detailed Rating Breakdown

  

Account Conditions (4/10)

  The high minimum deposit of $10,000 is a significant barrier for many potential clients, particularly individual traders or those with limited capital. This factor negatively impacts the accessibility of the broker.

  

Tools and Resources (6/10)

  WWF provides access to popular trading platforms (MT4 and MT5), which are equipped with various analytical tools. However, the lack of proprietary trading software may limit the effectiveness of trading activities.

  

Customer Service and Support (5/10)

  Customer support is available through email and phone, but the effectiveness of the support may vary based on user experiences. The absence of a live chat option could be a drawback for clients seeking immediate assistance.

  

Trading Experience (6/10)

  While WWF offers competitive spreads and a variety of tradable assets, the experience may be hindered by the high minimum deposit requirement and the expired FCA authorization.

  

Trustworthiness (5/10)

  The regulatory oversight from CySEC provides a level of trust, but the expired FCA authorization raises questions about the broker's reliability, particularly for clients in the UK.

  

User Experience (4/10)

  User reviews indicate mixed experiences, with some highlighting the broker's competitive offerings while others express concerns regarding the high minimum deposit and the lack of clarity on fees.

  In conclusion, the WWF review reveals a broker with both strengths and weaknesses. While it offers competitive trading conditions and a variety of assets, the high minimum deposit and regulatory concerns may be significant deterrents for potential clients. As always, prospective traders should conduct thorough research and consider their individual needs before engaging with any broker.