Zusammenfassung:Wisdom Financial Service was registered in 2023 in Saint Lucia, which is a broker focusing on the forex and CFD markets. It offers 3 types of accounts, with a minimum deposit of $1 and a maximum leverage of 1:1000. It was regulated by the Financial Conduct Authority (FCA) in the UK, but the license was exceeded, which means potential risks may exist.
Wisdom Financial Service was registered in 2023 in Saint Lucia, which is a broker focusing on the forex and CFD markets. It offers 3 types of accounts, with a minimum deposit of $1 and a maximum leverage of 1:1000. It was regulated by the Financial Conduct Authority (FCA) in the UK, but the license was exceeded, which means potential risks may exist.
Pros and Cons
Is Wisdom Financial Service Legit?
Wisdom Financial Service was once regulated by the Financial Conduct Authority (FCA) in the UK, but it was exceeded. Besides, the current status shows that activities such as client transferring and updating are prohibited. Therefore, careful considerations are recommended, because potential risks may exist.
What Can I Trade on Wisdom Financial Service?
Wisdom Financial Service offers several types of products, including forex, stocks, indices, oil, and gold.
Investment Plan
Wisdom Financial Service provides 3 types of accounts, including Mini Plan, Standard Plan, and SVIP Plan.
Leverage
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Fees
Trading Platform
Wisdom Financial Service uses its own trading APP, but it does not provide details about this APP.