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Wrich -

Score

1.58 /10
Danger

Wrich

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Belize Common Financial Service License Revoked

Suspicious Overrun

High potential risk

http://www.wrich.net/Home/index

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.55

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

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

ALWAYS RICH RESERVED

Company Abbreviation

Wrich

Platform registered country and region

Hong Kong

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 : 2025-01-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • BelizeFSC (license number: IFSC/60/467/BCA/16) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw money from Wrich!

The platform deliberately delayed the client's withdrawal, and it has been a month! The principal has not been received! This powerless platform should be exposed! Stay away!

MARK
2018-09-07 04:28
Scam

They have and use a robot to zero your money!

Ever since the day I met this broker and decided to check it out, I have never been able to get specific answers to my questions from the broker support. !!!!!****** Until I decided to test the cTrader platform by creating a demo account. For a while everything went well until ...When I looked at history, I saw that when I was not even working, hundreds of transactions were taken automatically and quite strangely. Which are all closed at a loss. Not even one number closed with a profit, and the same thing happened over and over again. As far as the whole account was concerned. I discussed this issue with the broker, but they did not respond. ___ ******Stay away from this broker.*******

Rey
2021-09-17 20:02
Wrich · Company summary

Note: Wrich's official website:http://www.wrich.net/Home/index is currently inaccessible normally.

Wrich Review Summary in 11 Points
Company nameWrich
Founded 2010
Registered country/regionChina(HongKong)
RegulationUnregulated
Trading PlatformsMeta Trader 5
Market InstrumentsFutures,Options,bonds(normal convertible),assest management
Demo AccountAvailable
Minimum Deposit1000 HKD
Maximum LeverageN/A
SpreadN/A
Customer SupportEmail: info@wrich.com
Phone: 4008880968
Live Chat

Wrich Information

Founded in 2010 and headquartered in Hong Kong, China, Wrich is an unregulated financial services company. Wrich offers a variety of market instruments, including futures, options, regular and convertible bonds, and asset management services. Facilitate trading through the MetaTrader 5 platform and provide a demo account for practicing trading. Wrich provides customer support by phone (4008880968) and email (info@wrich.com).

Pros and Cons

ProsCons
Various market instrumentsNot regulated
Accessible Minimum DepositWebsite can't be opened now

Is Wrich Legit?

Wrich holds a license regulated by Financial Services Commission(FSC), but the license has currently revoked, so Wrich' regulatory status is unregulated.

Is Wrich Legit?
Is Wrich Legit?
Regulatory Status Suspicious clone
Regulated by Financial Services Commission
Licensed Institution Always Rich Global Limited
Licensed TypeCommon Financial Service License
Licensed NumberIFSC/60/467/BCA/16

What Can I Trade on Wrich?

Wrich offers a varied selection of market instruments, satisfying different investment preferences and strategies. You can trade dozens of products including Futures, Options, Bonds and Asset Management.

Tradable Instruments Supported
Futures✔
Options✔
Bonds✔
Asset Management✔

Wrich Fees

Depending on the product, the commission rate ranges from 3% to 13%, which may be relatively high.

Trading Platform

Wrich offers its trading services through a single, well-established trading platform: MetaTrader 5 (MT5).

Trading PlatformSupportedAvailable Devices Suitable for
MetaTrader 5 (MT5)✔web,pc,mobileAnyone

Deposit and Withdrawal

Optional recharge methods include bank transfer, credit/debit card or third-party payment methods such as PayPal or WeChat pay, and recharge at least the minimum required amount (HK 1,000).

User Reviews

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User comment

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Comments

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Changer
more than one year
Absolutely disappointed with Wrich! It's been a whole month, and they intentionally delayed my withdrawal! My initial investment hasn't shown up in my account yet. This platform lacks credibility and deserves to be exposed. Stay away!
Absolutely disappointed with Wrich! It's been a whole month, and they intentionally delayed my withdrawal! My initial investment hasn't shown up in my account yet. This platform lacks credibility and deserves to be exposed. Stay away!
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2024-01-03 23:57
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