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Twelve Whales

WikiFX | 2024-10-12 10:42

Abstract:Twelve Whales was founded by Twelve Whales LLC in 2024 in the United Kingdom. There are many trading assets provided by Twelve Whales like forex, indices, commodities, stocks, cryptocurrencies and CFDs. However, the high minimum deposit €10000 and lack of regulation can bring many concerns.

Twelve WhalesReview Summary
Founded2024/5/3
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market InstrumentsForex, Indices, Commodities, Stocks, Cryptocurrency, CFDs
Demo Account❌
SpreadRegular
Trading PlatformWeb-trader, Mobile trader
Min Deposit€10000
Customer SupportPhoneSupport: +442034792265
Trading: +442036578805
Emailsupport@twelvewhales-mail.com,
info@twelvewhales-mail.com
Address: 40 Bank St, London E14 5NR, United Kingdom

Twelve Whales was founded by Twelve Whales LLC in 2024 in the United Kingdom. There are many trading assets provided by Twelve Whales like forex, indices, commodities, stocks, cryptocurrencies and CFDs. However, the high minimum deposit €10000 and lack of regulation can bring many concerns.

Twelve Whales' homepage

Pros and Cons

Pros Cons
Multiple trading assetsHigh minimum deposit €10000
Various account typesOnly its own trading platform
Islamic accounts providedNot regulated
Limited information
Relatively new

Is Twelve Whales Legit?

Twelve Whales LLC. is a retail brokerage company in the United Kingdom. Its registration number is 2305 LLC 2022. However, even the local financial authority, FCA, discloses its danger on their website.

Domain information

What Can I Trade on Twelve Whales?

Twelve Whales provides more than 250 instruments, including forex, indices, commodities, stocks, cryptocurrencies and CFDs.

Tradable Instruments Supported
Forex✔
Indices✔
Commodities✔
Stocks✔
Cryptocurrency✔
CFDs✔
Options❌
What Can I Trade on Twelve Whales?

Account Type

Twelve Whales provides seven account types: Bronze, Silver, Gold, Platinum, Diamond, Premium and VIP. It also offers Islamic accounts.

Account types Minimum deposit
Bronze€10000
Silver€25000
Gold€50000
Platinum€100000
Diamond€250000
Premium€500000
VIP€1000000
Account comparison
What Can I Trade on Twelve Whales?

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web-trader✔WebExperienced trader
Mobile trader✔MobileExperienced trader
Trading Platform

Deposit and Withdrawal

Traders can deposit and withdraw through credit/debit card, bank transfer and selected cryptocurrencies. But fees and processing time are not mentioned.

Customer Service

Twelve Whales offers 5/24 customer support and traders can also contact by phone and email.

Contact Options Details
Phone Support: +442034792265
Trading: +442036578805
Email support@twelvewhales-mail.com
Support Ticket System ❌
Online Chat ✅
Social Media ❌
Supported Language English
Website Language English, French, Swedish, Croatian, Slovenian, German, and French.
Physical Address 40 Bank St, London E14 5NR, United Kingdom

The Bottom Line

To sum up, Twelve Whales offers various trading assets to diversify traders' investment portfolios. However, it is not regulated and provides limited information, so it is not worth trading.

FAQs

Is Twelve Whales safe?

No. It is not supervised by FCA.

Does Twelve Whales truly offer commission-free trading?

No, it shows no information about fees.

What kind of trading platform does Twelve Whales offer?

Twelve Whales offers two trading platforms: web-trader and mobile trader.

Related broker

No Regulation
Twelve Whales
Company name:Twelve Whales LLC
Score
1.21
Website:https://www.twelvewhales.com/
1-2 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.21

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