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No Regulation
Score
1.51 /10
Danger
WT GLOBAL
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.01
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
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Warning: Low score, please stay away!
Previous Detection :
2024-11-18
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: WT GLOBAL's official website: http://www.wtglobals.com/ is currently inaccessible normally.
WT GLOBAL Information
WT GLOBAL is an unregulated brokerage company registered in China. This firm provides 100+ investment choice including forex, commodities, indices, metals, and energies. Spreads is from 0.0 pips and Leverage option is available, which is up to 1:500. If clients have any questions or concerns, please contact via email support@wtglobals.com for consultation.
Is WT GLOBAL Legit？
Although WT GLOBAL promises that client's funds are held in segregated accounts, it can not change the fact that this firm does not hold any valid regulatory certificates. It lacks regulation from any recognized financial authority. Some risks can be avoided if you stay away from unauthorized brokerage.
Downsides of WT GLOBAL
- Unavailable Website
WT GLOBAL's official website is currently inaccessible. So maybe it's time to find another brokerage.
- Regulatory Concerns
WT GLOBAL is not regulated by any reputable financial authority. If you really consider opening accounts with an unregulated brokerage, you need to be on your toes and look carefully before you leap.
- Lack of Transparency
You can find little information about this brokerage online. Lack of information can be a huge barrier for investors.
Trading Platform
MT5 (MetaTrader 5) is available with WT GLOBAL. You can apply it on multiple devices, including Windows, Andorid and IOS. It is a diversified financial trading platform that allows trading foreign exchange, stocks, and futures. It provides automated trading systems and excellent tools for various price analysis, use of algorithmic trading applications and copy trading.
Conclusion
Although it does offer demo accounts, it can reduce the risk of trading to some extent. However, the trading experience of demo accounts and real accounts is not the same. Chances are, the demo account didn't lose money, but the real account lost a lot.
Therefore, it is still necessary to comprehensively evaluate and then carefully trade.
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