Score
Wizifx
China|2-5 years| http://wizifx.co.uk/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
China
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
wizifx.co.uk
Server Location
Singapore
Website Domain Name
wizifx.co.uk
Server IP
184.168.109.62
Company Summary
Note: Wizifx's official website: https://wizifx.co.uk/ is currently inaccessible normally.
| WizifxReview Summary | |
| Founded | 2022 |
| Registered Country/Region | China |
| Regulation | Not regulated |
| Market Instruments | Forex, Cryptocurrencies, Global Indices, Precious Metals, Commodities, CFDs on Shares |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | From 1.5 pips |
| Trading Platform | Wizifx trading platform |
| Min Deposit | $100 |
| Customer Support | Contact form |
Wizifx provides many trading assets, including Forex, Cryptocurrencies, Global Indices, Precious Metals, Commodities, CFDs on Shares with leverage up to 1:1000 and spread from 1.5 pips. However, it currently has no valid regulations.
Pros and Cons
| Pros | Cons |
| Various trading assets | Wide spreads |
| Multiple account types | No MT4/5 |
| Limited contact channels | |
| Not regulated |
Is Wizifx Legit?
Wizifx operates without regulation. It doesn't need to obey the rules of any financial authorities. Traders should be careful when choosing brokers.
What Can I Trade on Wizifx?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Global Indices | ✔ |
| Precious Metals | ✔ |
| Commodities | ✔ |
| CFDs on Shares | ✔ |
| Options | ❌ |
Account Type
Wizifx offers four account types: Standard, Star VIP, ECN Pro and Premium.
| Account Type | Minimum Deposit |
| Standard | $100 |
| Star VIP | $2000 |
| ECN Pro | $500 |
| Premium | $300 |
Leverage
Leverage varies by account types. The maximum leverage of Wizifx is up to 1:1000 on the Standard account. Star VIP's leverage is 1:300, ECN Pro's leverage is 1:200 and Premium is 1:400. Gains and losses can be high when leverage is high.
Spreads and Commissions
The spreads and commissions of Wizifx also vary depending on the account types.
The Standard account' spreads starting from 1.5 pips and commission is free.
The Premium account offers spreads starting from 1 pip, with a $3 per lot commission payable per side.
The Star VIP account needs spreads starting from 0.5 pips and commission is free.
The ECN Pro account's spreads starting from 0 pips but its commission needs $3 per lot.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
| Wizifx trading platform | ✔ | PC, web browsers, and mobile | Experienced traders |
Deposit and Withdrawal
Wizifx can deposit and withdraw through electronic payment systems and bank cards, and the minimum deposit is $100.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 4
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zoe123
Taiwan
The internet connection was fine, but the transaction failed. Afterward, they blamed us and asked us to trade again for the second time. We have been asked to deposit to trade. We haven't traded, only to discover that some people say they are fraud, constantly updating the site, or changing the trading platform!
Exposure
2023-11-14
防詐科技達人追回被騙資金賴ksw2760
Hong Kong
This platform does not withdraw. What should I do? Demand lots of tax which I cannot afford
Exposure
2023-04-06
khalil288
United Kingdom
i really appropriate
Positive
2022-12-09
Imtiaz Ali
Pakistan
Imtiaz Ali
Positive
2022-12-06