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PipWise -

Score

2.07 /10
Danger

PipWise

Georgia

1-2 years

Suspicious Regulatory License

High potential risk

https://pipwise.com

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index4.86

Risk Management Index0.00

Software Index9.56

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

Broker Information

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Company Name

PIPWISE LLC

Company Abbreviation

PipWise

Platform registered country and region

Georgia

Company website

X

Instagram

YouTube

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
PipWise · Company summary
PipWiseReview Summary
Founded2022
Registered Country/RegionGeorgia
RegulationNo regulation
Market InstrumentsForex, energies, indices, commodities, metals, stocks, crypto, bonds
Demo Account❌
LeverageUp to 1:1000
SpreadFloating from 15 points (Standard account)
Trading PlatformMT5, cTrader
Min Deposit$50
Customer Support24/7 live chat
Email: support@pipwise.com
Phone: +44-7723408532
X, Youtube, Telegram, Instagram, Skype, WhatsApp
Regional RestrictionsTurkey, United States of America and Georgia clients are not allowed

PipWise Information

PipWise is an unregulated broker, offering trading on forex, energies, indices, commodities, metals, stocks, crypto and bonds with leverage up to 1:1000 and spread floating from 1 point on the MT5 and cTrader trading platforms. The minimum deposit requirement is $50.

PipWise's homepage

Pros and Cons

Pros Cons
Various contact channelsNo demo accounts
Various trading products
MT5 platform
Low minimum deposit requirement

Is PipWise Legit?

No. It is registered in Georgia within 2 years. It has no valid regulations currently.

Domain information

What Can I Trade on PipWise?

Tradable Instruments Supported
Froex ✔
Energies ✔
Indices ✔
Commodities ✔
Metals ✔
Stocks ✔
Cryptos✔
Bonds✔
What Can I Trade on PipWise?

Account Type

Here are four account types PipWise offers:

Account TypeMin Deposit
Standard $50
Institutional $500
ECN $1000
ECN PRO $5000
Account c

Leverage

The broker offers flexible leverage options, varying by account type.

Account TypeMax Leverage
Standard 1:1000
Institutional 1:400
ECN 1:200
ECN PRO 1:200

PipWise Fees

Account TypeSpreadCommission
Standard Floating from 15 points$0
Institutional Floating from 10 points$0
ECN Floating from 1 point$8
ECN PRO Floating from 1 point$6

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, terminal, Android, IOS, MACExperienced traders
cTrader✔Desktop, terminal, Android, IOS, MACExperienced traders
MT4❌/Beginner traders
Trading Platform

Deposit and Withdrawal

The broker accepts payments done via Visa, Mastercard, Bitcoin, Etherium, Tether and Perfect Money.

Payment methods

User Reviews

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User comment

3

Comments

Write a review

AryaWS
0-3months
My advice is to avoid this broker, it has the potential to be a scam because my withdrawal of only 50$ was rejected for unreasonable reasons, when I asked where the proof was the CS couldn't answer
My advice is to avoid this broker, it has the potential to be a scam because my withdrawal of only 50$ was rejected for unreasonable reasons, when I asked where the proof was the CS couldn't answer
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2024-10-19 18:27
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Goldish viewer
more than one year
This needs to be improved: Currently trading account's daily and monthly statement cannot be accessed on the app on mobile phone. Ought to make it accessible.
This needs to be improved: Currently trading account's daily and monthly statement cannot be accessed on the app on mobile phone. Ought to make it accessible.
Translate to English
2024-07-19 16:53
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1