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WOCOM -

Score

8.17 /10
Good

WOCOM

Hong Kong

Above 20 years

Regulated in Hong Kong

Leveraged foreign exchange trading

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

http://www.wocom.com.hk

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index8.26

Business Index9.14

Risk Management Index7.63

Software Index7.43

License Index8.26

Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

Wocom Group of Companies

Company Abbreviation

WOCOM

Platform registered country and region

Hong Kong

Company website

WhatsApp

  • (852) 5616-0672

Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 2
Previous Detection : 2025-01-21
  • This broker exceeds the business scope regulated by China Hong Kong SFC(license number: AAC230)SFC-Dealing in securities Non-Forex License. Please be aware of the risk!
  • This broker exceeds the business scope regulated by China Hong Kong SFC(license number: AAG705)SFC-Advising on securities Non-Forex License. Please be aware of the risk!

WikiFX Survey

WOCOM

Hong Kong

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
WOCOM · Company summary
WOCOMReview Summary
FoundedAbove 20 years
Registered Country/RegionHong Kong
RegulationUnregulated
Securities ProductsStocks/Futures/Options/Foreign Exchange
Trading PlatformWOCOM(Desktop/Mobile)
Customer SupportPhone: (852) 2853-0111
Fax: (852) 2854-3822
Email: cs@wocom.com.hk

WOCOM Information

Wocom started in the 1970s as a branch of an international commodities trading house. The Wing On Group became an investor in Wocom and eventually acquired Wocom in 1986.

Tailor-made investment plans are designed for customers based on their investment experience, financial needs, and investment goals. Customers can open personal and business accounts

WOCOM Information

Is WOCOM Legit?

WOCOM is authorized and regulated by theSecurities and Futures Commission of Hong Kong(SFC) on Leveraged foreign exchange trading and Dealing in futures contracts under license No.AAH843 and ACL076, making it safer than the regulated company.

Is WOCOM Legit?
Is WOCOM Legit?

Deposit and Withdrawal

WOCOM accepts Faster Payment System (FPS), Payment by Phone Service (PPS), Bank Transfer and Cheque Deposit (applicable to online banking, bank counter, ATM, and cheque deposit machine), Telegraphic Transfer (applicable to overseas clients), and more for deposit and withdrawal.

News

NewsRead the full review of Wocom, Before Investing

WOCOM is a global financial service company based in Hongkong. It provides traders with access to a wide range of trading products including Local Securities (Margin Financing), China Connect, IPO (Margin, International Placing), Stock Options, Foreign Stocks, Unit Trust, Local Futures, Foreign Futures, Forex.

WikiFX
2023-10-09 13:35
Read the full review of Wocom, Before Investing
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User comment

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Comments

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悅
more than one year
I recently discovered the company WOCOM, but their website doesn't clearly provide detailed information about the company. I think this is bad because I don't want to invest without knowing more information. Also, their website looks crude and doesn't have a great user experience. I'm not sure if that means they're less professional or reliable, but I'm not willing to take the risk.
I recently discovered the company WOCOM, but their website doesn't clearly provide detailed information about the company. I think this is bad because I don't want to invest without knowing more information. Also, their website looks crude and doesn't have a great user experience. I'm not sure if that means they're less professional or reliable, but I'm not willing to take the risk.
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2023-03-20 18:21
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FX1302506358
more than one year
The various fees charged by wocom are too high, and there are also inactive account fees. When I saw that fee form, I was actually kind of shocked. But on the bright side, there might be no hidden costs.
The various fees charged by wocom are too high, and there are also inactive account fees. When I saw that fee form, I was actually kind of shocked. But on the bright side, there might be no hidden costs.
Translate to English
2023-03-01 16:05
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