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Wisdom Financial Service  

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
Founded2023
Registered Country/RegionSaint Lucia
RegulationFCA (Exceeded)
Market InstrumentsForex & CFD Trading on Stocks, Indices, Oil, Gold
Demo Account/
LeverageUp to 1:1000
SpreadFrom 0.1 pips (Standard account)
Trading PlatformAPP
Min Deposit$1
Customer SupportContact form
Tel: +66867741450
Email: admin@wisdomfinancialservice.com
Social media: Facebook, Instagram, Twitter
Regional RestrictionUSA

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's homepage

Pros and Cons

Pros Cons
Diverse tradable assetsNew to the market
Multiple investment plansExceeded FCA license
Flexible leverage ratiosNo MT4 or MT5
No commissionsUnknown payment methods
Low minimum depositUS 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 AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Financial Conduct Authority (FCA)ExceededUKCommon Business Registration15895105
Exceeded FCA license
Domain information

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 PlanMin Deposit
Mini $1
Standard $1,000
SVIP $3,000
Investment plan comparison

Leverage

Investment PlanMax 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.

Fees

Investment PlanSpreadCommission
Mini From 0.5 pips❌
Standard From 0.1 pips
SVIP From 0.3 pips

Trading Platform

Wisdom Financial Service uses its own trading APP, but it does not provide details about this APP.

Trading PlatformSupported Available Devices Suitable for
APP✔Mobile/
MT4❌/Beginners
MT5❌/Experienced traders
APP

Related broker

Regulated
WISDOM
Company name:Wisdom Financial Services AU PTY LTD
Score
5.99
Website:http://www.wisdomtrade.com
2-5 years | Regulated in Australia | Inst Forex Execution (STP) | MT5 Full License
Score
5.99

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