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Wealth Sailing -

Score

1.38 /10
Danger

Wealth Sailing

China

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://wealthsailing.com/en

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Comparison

Quantity 11

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.99

Risk Management Index0.00

Software Index4.00

License Index0.00

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

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Broker Information

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Company Name

Wealth Sailing Forex Ltd

Company Abbreviation

Wealth Sailing

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 10 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Exposure

11 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

Use net platform to deceive public and lure to speculate on Bitcoin and cryptos

Use fake platform to lure people trade bitcoin on MT5

2022-04-28 21:46
Unable to Withdraw

Wealth Sailing Forex is totally unreliable

I invested $45,000 initially and account manager showed me how they made good profit then their people kept calling from different departments and all that but never released a penny of my investment. Stay away from this company.

2022-05-18 01:59
Scam

The Tax Payment is as well a Scam

I requested for withdrawal and they never let me . they ask me to pay some tax on my investment before I can withdraw, I did that at direction of my account manager unknowingly to me that it is a scam. I was denied withdrawal and had to seek advise from Fintrack .org. it have been revealed wealth sailing is a scam and the quick report made to Fintrack solved my withdrawal issues.

2022-05-09 04:46
Unable to Withdraw

I thought I could finally get the money, but they came to ask me for money again

When they first asked me for the handling fee, I didn't feel anything at all, but they suddenly told me that a deposit with abnormality was detected, and the security deposit would be paid back to me after 30 days, so I had to bite the bullet and pay it. After I paid the taxes and thought it was all right, he came to tell me that I needed to deposit $5,000 in my account to make sure that all the funds were mine, although it was a bit of an afterthought. I really don't know what to do now, please help me

2022-05-03 06:44
Others

Unable to wihdraw and maliciously forbid the account

I only withdraw once on the day when I deposit. Then, I cannot withdraw anymore. All the fund are inside and suspend my account.

2022-04-27 22:41
Unable to Withdraw

Fraud platform

This fraud platform. Last year's name was Associate Prime Limited, this year changed to Wealth Sailing Forex Limited and continues to deceive people. The security agreement in the website has not changed even after the name has been changed.

2022-04-26 23:56
Resolved

Jiang Chenggong and Shen Xufeng fraud

The deposit is 14,000. When withdrawing, the funds are not given due to various reasons such as auditing, frequent operations, and inappropriate accounts. Using this as an excuse to deceive people to keep deposit. Using the platform’s background operations to defraud everyone’s huge wealth (estimated about 100 million CNY) , after everyone sees through them, they delete the contact information of the personnel directly and run away

2022-05-17 11:03
Unable to Withdraw

Unable to withdraw

The account is unable to withdraw. I apply for withdrawal, but the platform send me an email saying that I need to apply for VIP withdrawal channel, so I apply for a 888 dollars with 15 days period. After that, I apply for withdrawal again. It said taht my account has a risk and ask me to pay 20% of the principle or operate the account for consecutive 15 days. I choose not to pay it and operate for 15 days. Then, my account is frozen when I just operate for one day. It ask me to pay again. It is clearly a fraud.

2022-05-09 21:18
Unable to Withdraw

Wealth Sailing

Paid everything, did everything I was asked, suddenly o have to pay the commission up front. Then they still "couldn't" send me my money. I'm not paying for anything else.

2022-05-09 00:17
Unable to Withdraw

Induced fraud. No money will be withdrawn after deposit

Guo Shi Wushuang's Jiang successfully used the stock live broadcast platform to induce investors to do bitcoin index trading, let everyone register on Wealth Sailing's website and then deposit money. Lost contact, Jiang Chenggong lost contact, the website cannot be opened!

2022-05-20 15:50
Unable to Withdraw

Trader

Not able to withdrawal. Ask to pay commission. I paid. Still no withdrawal.. then ask for tax certificate. New it was a scam... before that analyst blew my account in a trade. Then said if I make a big new deposit. They would double it.. only made a small deposit. Got the account up. But then said I had to wait 30 days to withdrawal.. since my first account got blown. After 30 days still no withdrawal. Then analyst disappeared for 2 weeks with no word. Came back later. Still no withdrawal

2022-06-03 07:33
    Wealth Sailing · Company summary

    Note: Since Wealth Sailings official site (http://wealthsailing.com/en/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

    General Information & Regulation

    Wealth Sailing, a trading name of Wealth Sailing Forex Ltd, is allegedly a suspicious regulated forex broker registered in China that claims to provide its clients with a wide range of tradable financial instruments with leverage up to 1:1000 on the industry-standard MetaTrader5 trading platform.

    Market Instruments

    Wealth Sailing advertises that it offers a wide variety of trading instruments in financial markets, including around 40 forex currency pairs, CFDs on indices, crude oil and cryptocurrencies.

    Leverage

    A leverage ratio of up to 1:1000 is offered by Wealth Sailing, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

    Trading Platform Available

    The platform available for trading at Wealth Sailing is the worlds most popular MetaTrader5 trading platform. However, there is some kind of technical issue, just like the below screenshot shows. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

    Trading

    Deposit & Withdrawal

    Wealth Sailing only accepts deposits via cryptocurrencies. The minimum initial deposit requirement is said to be only $10.

    Customer Support

    Wealth Sailings customer support can be reached by telephone: +85294153869, email: mt5kefu001@yahoo.com, service@wealthsailingfx.com. Company address: Room 32, 11/F, Lee Ka Industrial Building, 8 Ng Fong Street, San Po.

    News

    NewsWhat questions should you ask your online broker?

    All online brokers are not created equal. There are significant variances in service quality, regulatory compliance, and cost. So, before you decide where to put your money, ask your broker these questions.

    WikiFX
    2022-06-03 12:00
    What questions should you ask your online broker?

    NewsGuide on How to Create a trading account for South African traders

    As Forex trading is becoming increasingly popular in South Africa today, many traders are now curious to learn how to create a trading account. To create a trading account one needs to have a valid email address, contact phone number, and valid identity card. We have simplified the process in this work for new traders seeking to open an account today.

    WikiFX
    2022-05-31 17:04
    Guide on How to Create a trading account for South African traders
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    User Reviews

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    User comment

    2

    Comments

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    FX1395441203
    more than one year
    It is a scam broker and does not hold any valid regulatory license. I have seen that many people are experiencing the same problem as me that they cannot withdraw funds. Investors should choose a trusted broker rather than some company from unknown sources to avoid being scammed out of funds. Before making any investment, a thorough investigation and research should be conducted to find out if the broker is regulated, has a bad track record or is blacklisted, etc.
    It is a scam broker and does not hold any valid regulatory license. I have seen that many people are experiencing the same problem as me that they cannot withdraw funds. Investors should choose a trusted broker rather than some company from unknown sources to avoid being scammed out of funds. Before making any investment, a thorough investigation and research should be conducted to find out if the broker is regulated, has a bad track record or is blacklisted, etc.
    Translate to English
    2023-03-27 16:51
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    May.
    more than one year
    These people are thieves and scammers. Do not let your relatives get involved with this scam. This is a scam where they keep asking for more money and fake promises of unrealistic earnings in your account.
    These people are thieves and scammers. Do not let your relatives get involved with this scam. This is a scam where they keep asking for more money and fake promises of unrealistic earnings in your account.
    Translate to English
    2022-12-19 15:22
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