Regarding the legitimacy of Wahed forex brokers, it provides FCA and WikiBit, .
Is Wahed safe?
Pros
User-friendly interface designed for ethical and shariah-compliant investing.
Accessible for beginners with a low minimum investment requirement.
Offers automatic rebalancing and a diverse range of portfolios tailored to different risk appetites.
Cons
Higher fees compared to some competitors, which can impact long-term returns.
Customer service issues, including difficulties with fund withdrawals and response times.
Glitchy app performance and functionality, leading to user frustration.
Is Wahed markets regulated?
The regulatory license is the strongest proof.
FCA Investment Advisory License
Financial Conduct Authority
Financial Conduct Authority
Current Status:
ExceededLicense Type:
Investment Advisory License
Licensed Entity:
WAHED INVEST LTD
Effective Date:
2020-01-30Email Address of Licensed Institution:
fiza.mumtaz@wahed.comSharing Status:
No SharingWebsite of Licensed Institution:
https://www.wahed.com/ukExpiration Time:
--Address of Licensed Institution:
87-89 Baker Street London W1U 6RJ UNITED KINGDOMPhone Number of Licensed Institution:
+4408081696662Licensed Institution Certified Documents:
Wahed Similar Brokers Safe
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
Wahed latest industry rating score is 3.02, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 3.02 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.