Score

1.54 /10
Danger

WhoTrades

Suspicious Regulatory License

Cyprus Straight Through Processing(STP) Unsubscribed

High potential risk

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Comparison

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index7.26

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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Warning: Low score, please stay away! 3
Previous Detection : 2024-10-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • CyprusCYSEC (license number: 073/06) The regulatory status is abnormal, the official regulatory status is Unsubscribed. Please be aware of the risk!

WikiFX Verification

WhoTrades · Company summary

For now, since WhoTradess official website (https://www.whotrades.com.cy/) cannot be opened at the moment, we could only piece together the rough picture of this brokerage by gathering some relevant information from other websites.

General Information

Registered in Cyprus, WhoTrades is a forex broker that was not established long, with an operating time of 2 to 5 years. Since this brokers official website cannot be opened, we could not find further details about its trading instruments, leverage, trading assets, trading platform and more.

In terms of regulation, it has been verified that this broker is not authorized or regulated by any regulatory authorities. Thats why its regulatory status on WikiFX is marked as “No License” and it got a very low score of 1.46/10.

Please be aware of the risk.

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Market Instruments

WhoTrades claims that it offers more than 100 trading instruments, including Currency Pairs, Metals, Energies, US shares and Japanese Shares.

Minimum Deposit

WhoTrades seems to require a minimum deposit of 100 EUR/USD/GBP when opening an WhoTrades trading account, which sounds reasonable and acceptable for most regular traders.

Trading Platform

What WhoTrades offers is not the MT4 or MT5 trading platform, it offers a proprietary trading platform which allows traders to track their portfolios, track the current markets, and place orders.

Deposit & Withdrawal

WhoTrades allows its clients to make a deposit and withdrawal through the following payment options:

  • Credit Cards

  • Bank Transfer

  • Skrill, Neteller

Please note that deposit and withdrawal fees are charged by WhoTrades.

Customer Support

Traders with any inquiries or trading-related problems can get in touch with WhoTrades through the following channels:

Telephone: +357 25 736 320

Email: info@corp.whotrades.eu

Risk Warning

Forex and leveraged trading carries a high level of risks, and it is not suitable for all investors. Please note the information contained in this article is for general information purposes only.

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笨女人
more than one year
I tried to access WhoTrades' official website but it's no longer available. This worries me a lot, and I'm not sure if they are still in business. Overall, I wouldn't recommend trading with them as it seems like they may have shut down their operations, which also made it impossible to trade with.
I tried to access WhoTrades' official website but it's no longer available. This worries me a lot, and I'm not sure if they are still in business. Overall, I wouldn't recommend trading with them as it seems like they may have shut down their operations, which also made it impossible to trade with.
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2023-03-23 11:00
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