Score

1.59 /10
Danger

TigerWit

United Kingdom

Stoppage of Business

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Australia Common Business Registration Revoked

Suspicious Overrun

High potential risk

C

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Comparison

Quantity 187

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.61

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

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

TigerWit Limited

Company Abbreviation

TigerWit

Platform registered country and region

United Kingdom

Company website

X

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Linkedin

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 8
Previous Detection : 2025-01-22
  • This broker bas been verified to be stoppage of business, and it has been listed in WikiFX's Stoppage of Business list. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 165 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    Sources
    TigerWit · Company summary

    Note: TigerWit's official website - https://uk.tigerwit.com/ is currently inaccessible normal.

    TigerWit Review Summary
    Founded2015
    Registered Country/RegionUnited Kingdom
    RegulationUnregulated
    Market InstrumentsFX, precious metals, commodities, indices
    Demo Account($10,000 in virtual funds)
    LeverageUp to 1:400
    SpreadVariable
    Trading PlatformMT4
    Min Deposit$50
    Customer SupportLive chat, contact form
    Tel: +1 (786) 867-0911
    Email: customerservice@tigerwit.com
    Facebook, LinkedIn, Twitter, YouTube, Instagram

    TigerWit is an unregulated online trading platform founded in 2015 and registered in the United Kingdom. TigerWit claims to provide trading on the well-known MT4 platform in FX, precious metals, commodities, and indices. TigerWit says to have no authority or licensing to provide forex trading or brokerage services in the United Kingdom or any other jurisdictions.

    TigerWit's homepage

    Pros and Cons

    ProsCons
    Diverse tradable assetsUnregulated status
    Demo accountsSingle account type
    Commission-free account offeredUnclear fee structure
    Flexible leverage ratiosHigh minimum deposit
    Tight spreads
    MT4 supported
    Low minimum deposit
    Popular payment methods
    Live chat support

    Is TigerWit Legit?

    No, TigerWit currently has no valid regulations. Please be aware of the risk!

    Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
    Hong Kong
    Securities and Futures Commission of Hong Kong (SFC)RevokedTigerWit (Hong Kong) LimitedLeveraged foreign exchange tradingBOI171
    Australia
    Australia Securities & Investment Commission (ASIC)RevokedTIGERWIT TECHNOLOGY PTY. LIMITEDCommon Business Registration614234687
    UK
    Financial Conduct Authority (FCA)Suspicious CloneCalico Capital LimitedMarket Making(MM)679941
    Bahamas
    The Securities Commission of The Bahamas (SCB)Suspicious CloneTigerWit LimitedRetail Forex LicenseSIA-F185
    Revoked SFC license
    Revoked ASIC license
    Suspicious clone FCA license
    Suspicious clone SCB license

    What Can I Trade on TigerWit?

    Trading AssetAvailable
    Forex
    Precious Metals
    Commodities
    Indices
    Stocks
    Cryptocurrencies
    Bonds
    Options
    ETFs
    What Can I Trade on TigerWit?

    Leverage

    TigerWit offers flexible leverage ratios of 1:100, 1:200, and 1:400. 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.

    Spread

    Currency PairAvg Spread (points)
    AUD/CAD2.4
    AUD/CHF2.2
    AUD/JPY2.3
    AUD/NZD2.4
    AUD/SGD3.0
    AUD/USD1.9
    Spread

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    MT4iPhone, Android, PCBeginners
    MT5/Experienced traders
    MT4

    Deposit and Withdrawal

    Deposit

    Deposit MethodMin Deposit
    Bank transfer$100
    Credit/debit cards$50
    Neteller
    Skrill
    SafeCharge
    China UnionPay

    Withdrawal

    Withdrawal MethodMin Withdrawal
    Bank transfer$50
    Credit/debit cards$20
    Neteller
    Skrill

    News

    NewsTigerWit Undergoes Transformation to Calico Capital: Here's What Traders Need to Know

    London's TigerWit rebrands to Calico Capital post FCA-licensed sale. Traders urged to stay vigilant amid offshore concerns.

    WikiFX
    2023-09-06 17:04
    TigerWit Undergoes Transformation to Calico Capital: Here's What Traders Need to Know

    ExposureTigerWit is Not Witty!!

    In today's comprehensive review, WikiFX will delve into the details of TigerWit, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use it. Keep reading to find out more!

    WikiFX
    2023-08-25 17:34
    TigerWit is Not Witty!!

    NewsWIKIFX REPORT: TigerWit Africa trains 840 Nigerians in financial market

    TigerWit Africa, a brokerage company that sells Forex, has trained over 840 Nigerians in a two-week session in Port-Harcourt, the capital of Rivers State, in an effort to narrow the knowledge gap in the financial industry.

    WikiFX
    2022-07-06 12:16
    WIKIFX REPORT: TigerWit Africa trains 840 Nigerians in financial market

    User Reviews

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    User comment

    9

    Comments

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    梦境63925
    more than one year
    argofx这个平台还有人做吗?我看这个平台上还是有许多在交易啊!这个平台怎么样?
    argofx这个平台还有人做吗?我看这个平台上还是有许多在交易啊!这个平台怎么样?
    Translate to English
    2024-09-08 15:04
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    Busopy
    more than one year
    TigerWit hits the mark with its accessible minimum deposit and a range of account types to suit different traders. It's a platform that's easy to get into and grow with, making it a great choice for anyone looking to trade.
    TigerWit hits the mark with its accessible minimum deposit and a range of account types to suit different traders. It's a platform that's easy to get into and grow with, making it a great choice for anyone looking to trade.
    Translate to English
    2024-07-22 17:59
    Reply
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    0
    99+