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No Regulation
Score
1.47 /10
Danger
WTI
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 2
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.67
Risk Management Index0.00
Software Index4.00
License Index0.00
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
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-12-29
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Exposure
2 pieces of exposure in total Pyramid scheme complaint
ExposeNote: GPM is to operate via the website - https://wti.com.co/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
WTI, a trading name of WTI LTD, is allegedly a financial services company registered in Hong Kong, China that claims to provide its clients with the leading MT4 trading platform.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.
As for regulation, it has been verified that WTI currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.32/10. Please be aware of the risk.
Trading Platform Available
The platform available for trading at WTI is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Customer Support
WTI‘s customer support can be reached by telephone: (310)495-7015, email: info@GrantFlooring.com. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.
Pros & Cons
| Pros | Cons |
| • MT4 supported | • No regulation |
| • Website inaccessible |
Frequently Asked Questions (FAQs)
| Q 1: | Is WTI regulated？ |
| A 1: | No. It has been verified that WTI currently has no valid regulation. |
| Q 2: | Does WTI offer the industry-standard MT4 & MT5？ |
| A 2: | Yes. WTI offers the MT4. |
| Q 3: | Is WTI a good broker for beginners？ |
| A 3: | No. WTI is not a good choice for beginners. Although it offers the industry-standard MT4 trading platform, it lacks legitimate regulation and its website is currently inaccessible. |
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