Score

1.56 /10
Danger

Edward

United Kingdom

Absconded

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 7

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.38

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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

More

Company Name

Edward Technology Capital Ltd

Company Abbreviation

Edward

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-12-23
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Absconded list. Please be aware of the risk!
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
    Edward · Company summary

    Note: Edward's official website: https://www.edwardtech.co.uk/ is currently inaccessible normally.

    Edward Information

    Edward is an unregulated brokerage company registered in the United Kingdom. While the broker's official website has been shut down, traders cannot obtain more security information.

    Is Edward Legit?

    Is Edward Legit?
    Financial Conduct Authority(FCA)
    Current StatusRevoked
    Regulated by United Kingdom
    License TypeAppointed Representative(AR)
    License No.815057
    Licensed InstitutionEdward Technology Capital Ltd

    Edward is authorized and regulated by the Financial Conduct Authority(FCA), the current status is Revoked, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with Edward.

    Is Edward Legit?

    Downsides of Edward

    • Unavailable Website

    Edward's official website is currently inaccessible, raising concerns about its reliability and accessibility.

    • Lack of Transparency

    Since Edward does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

    • Regulatory Concerns

    The FCA regulates Edward. However, the Revoked status is less safe than a regulated one.

    • Withdrawal Difficulty

    According to a report on WikiFX, a user encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.

    Negative Edward Reviews on WikiFX

    On WikiFX, “Exposure” is posted as a word of mouth received from users.

    Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

    Negative Edward Reviews on WikiFX

    Currently, there are 7 pieces of Edward exposure in total.

    Exposure. Cannot withdraw & Others

    ClassificationUnable to Withdraw/Others
    Date2019-2020
    Post CountryHong Kong, China

    The users said that they were unable to withdraw because the broker shut down its website and also encountered other questions, and it was still pending after a long time. You may visit: https://www.wikifx.com/en/comments/detail/202005278242779723.html https://www.wikifx.com/en/comments/detail/202005242012181013.html https://www.wikifx.com/en/comments/detail/202005238502319706.html.

    Conclusion

    Edward Since the official website cannot be opened, traders cannot get more information about security services. In addition, the Revoked status indicates that this brokers trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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