Score
WWM
United Kingdom|5-10 years| http://www.waihui168.com/
Website
Rating Index
Contact
Licenses
Single Core
1G
40G
1M*ADSL
- The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
Basic information
United Kingdom
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Website
waihui168.com
Server Location
Japan
Website Domain Name
waihui168.com
ICP registration
京ICP备08011671号-2
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
0001-01-01
Server IP
176.34.23.37
Company Summary
NOTE: WWMs official site - http://www.waihui168.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
| WWM Review Summary | |
| Registered Country/Region | United Kingdom |
| Regulation | FCA (Revoked), FSC (Offshore Regulatory) |
| Trading Platforms | Meta Trader 4 |
| Customer Support | Email: support@waihui168.com |
What is WWM？
WWM, or WorldWide Markets, is a brokerage firm registered in the United Kingdom. It provides access to the popular MetaTrader 4 trading platform. While WWM operates under the regulation of the FSC, its current status and operations are unclear due to its revoked FCA regulation and the lack of a functional official website.
Pros & Cons
| Pros | Cons |
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Pros:
Access to MetaTrader 4: WWM offers the MetaTrader 4 trading platform, which is highly regarded in the industry for its advanced charting tools, technical analysis capabilities, and ease of use.
FSC Regulation: WWM is still regulated by the FSC, providing a level of oversight and enhancing trustworthiness.
Cons:
Revoked FCA Regulation: The fact that WWM's FCA regulation has been revoked raises questions about its adherence to regulatory standards and risks to traders.
Website Unavailability: The non-functional official website indicates issues with the broker's operations or transparency.
Limited Information: Due to the lack of information available, it's unclear what the current status and operations of WWM are, which is concerning for clients.
Exposure of Inability to Withdraw: There are eight pieces of exposure of inability to withdraw funds or other issues on WikiFX, strengthening the case against WWM.
Is WWM Safe or Scam？
It is challenging to definitively classify WWM as either safe or a scam. With a Retail Forex License of No.SIBA/L/11/0960, WWM is regulated by the British Virgin Islands Financial Services Commission (Offshore Regulatory). However, the Investment Advisory License of No.604779 issued by the Financial Conduct Authority (FCA) has been revoked. Furthermore, concerns related to the non-functional website, and reports of withdrawal issues also raise questions about its operational integrity.
Trading Platforms
WWM offers the MetaTrader 4 (MT4) trading platform, which is a popular choice among traders for its user-friendly interface, advanced charting tools, and customizable features. MT4 allows traders to execute trades, analyze market data, and manage their accounts efficiently. Overall, the use of MT4 by WWM provides traders with a reliable and feature-rich platform for their trading activities.
Customer Service
WWM's customer support can be reached via email at support@waihui168.com.
Conclusion
WWM is a broker offering the popular MetaTrader 4 platform. While it holds FSC regulation, a red flag is its revoked FCA license, raising doubts about its adherence to financial regulations. Further concerns include a non-functional website and reports of withdrawal difficulties. We strongly advise you to avoid it and consider researching more established brokers with a solid regulatory track record and a functional online presence.
Frequently Asked Questions (FAQs)
Q: Is WWM regulated？
A: Yes, WWM is regulated by the FSC (Offshore Regulatory). However, its previous FCA regulation has been revoked.
Q: What trading platform does WWM offer？
A: WWM offers the MetaTrader 4 (MT4) trading platform.
Q: Can I contact WWM's customer support？
A: Yes, you can contact WWM's customer support via email at support@waihui168.com.
Q: Is WWM safe to trade with？
A: Trading with WWM involves significant risks due to its revoked FCA regulation and the non-functional website.
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 provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
Keywords
- 5-10 years
- Regulated in The Virgin Islands
- Retail Forex License
- Suspicious Scope of Business
- United Kingdom Investment Advisory License Revoked
- Suspicious Overrun
- High potential risk
- Offshore Regulated
Review 8
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程军
Hong Kong
This is what their customer service said to me, a liar. As a result, the customer service still doesn’t reply and disappeared
Exposure
2021-01-25
天官赐福8784
Hong Kong
This person asked me to do this when we were in the so-called relationship, saying that he could make money and then he asked me to participate in activities, and then I couldn't withdraw my money. I have to recharge 200,000 to withdraw my own money. I have topped up 5000 yuan now
Exposure
2021-01-21
FX1091795476
Hong Kong
Customers can’t withdraw funds since the first half of 2017. The account was frozen on October 1, 2018 with no compensation. While it is regulated by BVIFSC. WorldWideMarkets, Ltd. January 31, 2020 Entity Type:Dealing as AgentName:WorldWideMarkets, Ltd. Entity Status:Currently Regulated Entities
Exposure
2020-10-20
青禾争急
Hong Kong
I can’t trade, withdraw or transfer on WWM’s MT4 terminal. I contacted WWM, but they gave me no response.
Exposure
2019-01-14
梦小宅
Hong Kong
It has been more than half a year. The software has been unable to log in. I can't withdraw the money. The customer service personnel said that WWMran and the account was frozen by the police. Now they worked for the scam platform Pepperstone. Why no one can deal with this scam platform? These people have been deceiving one after another.
Exposure
2018-12-26
阿夏
Hong Kong
At the beginning of October this year, the disk of the platform was still and could not be traded.As of today the account has not entered.Last year, the platform was unable to withdraw funds. Their explanation was that the platform was changing Banks.
Exposure
2018-12-06
FX6259420533
Hong Kong
What happened to WWM ?Has it run away?
Exposure
2018-10-09
阿夏
Hong Kong
It started from September last year. They keep saying they are changing banks. Now they gave me no response anymore.
Exposure
2018-05-28