Abstract: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.
Note: TigerWit's official website - https://uk.tigerwit.com/ is currently inaccessible normal.
TigerWit Review Summary | |
Founded | 2015 |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | FX, precious metals, commodities, indices |
Demo Account | ✅($10,000 in virtual funds) |
Leverage | Up to 1:400 |
Spread | Variable |
Trading Platform | MT4 |
Min Deposit | $50 |
Customer Support | Live chat, contact form |
Tel: +1 (786) 867-0911 | |
Email: customerservice@tigerwit.com | |
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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.
Pros | Cons |
Diverse tradable assets | Unregulated status |
Demo accounts | Single account type |
Commission-free account offered | Unclear fee structure |
Flexible leverage ratios | High minimum deposit |
Tight spreads | |
MT4 supported | |
Low minimum deposit | |
Popular payment methods | |
Live chat support |
No, TigerWit currently has no valid regulations. Please be aware of the risk!
Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
Securities and Futures Commission of Hong Kong (SFC) | Revoked | TigerWit (Hong Kong) Limited | Leveraged foreign exchange trading | BOI171 | |
Australia Securities & Investment Commission (ASIC) | Revoked | TIGERWIT TECHNOLOGY PTY. LIMITED | Common Business Registration | 614234687 | |
Financial Conduct Authority (FCA) | Suspicious Clone | Calico Capital Limited | Market Making(MM) | 679941 | |
The Securities Commission of The Bahamas (SCB) | Suspicious Clone | TigerWit Limited | Retail Forex License | SIA-F185 |
Trading Asset | Available |
Forex | ✔ |
Precious Metals | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
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.
Currency Pair | Avg Spread (points) |
AUD/CAD | 2.4 |
AUD/CHF | 2.2 |
AUD/JPY | 2.3 |
AUD/NZD | 2.4 |
AUD/SGD | 3.0 |
AUD/USD | 1.9 |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | iPhone, Android, PC | Beginners |
MT5 | ❌ | / | Experienced traders |
Deposit
Deposit Method | Min Deposit |
Bank transfer | $100 |
Credit/debit cards | $50 |
Neteller | |
Skrill | |
SafeCharge | |
China UnionPay |
Withdrawal
Withdrawal Method | Min Withdrawal |
Bank transfer | $50 |
Credit/debit cards | $20 |
Neteller | |
Skrill |