WISDOM Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-02-05 10:33

Abstract：Wisdom Financial Service was registered in 2023 in Saint Lucia, which is a broker focusing on the forex and CFD markets. It offers 3 types of accounts, with a minimum deposit of $1 and a maximum leverage of 1:1000. It was regulated by the Financial Conduct Authority (FCA) in the UK, but the license was exceeded, which means potential risks may exist.

Wisdom Financial Service Review Summary
Founded	2023
Registered Country/Region	Saint Lucia
Regulation	FCA (Exceeded)
Market Instruments	Forex & CFD Trading on Stocks, Indices, Oil, Gold
Demo Account	/
Leverage	Up to 1:1000
Spread	From 0.1 pips (Standard account)
Trading Platform	APP
Min Deposit	$1
Customer Support	Contact form
	Tel: +66867741450
	Email: admin@wisdomfinancialservice.com
	Social media: Facebook, Instagram, Twitter
Regional Restriction	USA

　　Wisdom Financial Service was registered in 2023 in Saint Lucia, which is a broker focusing on the forex and CFD markets. It offers 3 types of accounts, with a minimum deposit of $1 and a maximum leverage of 1:1000. It was regulated by the Financial Conduct Authority (FCA) in the UK, but the license was exceeded, which means potential risks may exist.

Pros and Cons

Pros	Cons
Diverse tradable assets	New to the market
Multiple investment plans	Exceeded FCA license
Flexible leverage ratios	No MT4 or MT5
No commissions	Unknown payment methods
Low minimum deposit	US clients are not allowed
Various channels for customer support

Is Wisdom Financial Service Legit?

　　Wisdom Financial Service was once regulated by the Financial Conduct Authority (FCA) in the UK, but it was exceeded. Besides, the current status shows that activities such as client transferring and updating are prohibited. Therefore, careful considerations are recommended, because potential risks may exist.

Regulated Authority	Current Status	Regulated Country	License Type	License No.
Financial Conduct Authority (FCA)	Exceeded	UK	Common Business Registration	15895105

What Can I Trade on Wisdom Financial Service?

　　Wisdom Financial Service offers several types of products, including forex, stocks, indices, oil, and gold.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Stocks	✔
Indices	✔
Oil	✔
Gold	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

What Can I Trade on Wisdom Financial Service?

Investment Plan

　　Wisdom Financial Service provides 3 types of accounts, including Mini Plan, Standard Plan, and SVIP Plan.

Investment Plan	Min Deposit
Mini	$1
Standard	$1,000
SVIP	$3,000

Leverage

Investment Plan	Max Leverage
Mini	1:1000
Standard	1:500
SVIP	1:300

　　It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.