Wisebank Review 2024
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of Wisebank Trading Company
Wisebank is a top broker offering traders investment services that provide them with a high-income stream. Though there are questions regarding ownership and licensing, the broker offers different account types, and their website gives some information about their trading offers. The lack of licensing from top government agencies and the absence of regulatory oversight are significant red flags, indicating that WiseBank may not be a reliable broker.
In addition, the owner of the website remains anonymous, possibly to prevent spam, but this makes it difficult to find the true owner in the event of platform-related issues. Websites employing such identity concealment practices are assigned a slightly lower score.
Reviews for WiseBank exhibit a broad spectrum from positive to negative. The wide-ranging nature of feedback, with some genuine customers expressing dissatisfaction, raises concerns about potential scams. It is advisable to manually scrutinize the reviews, paying careful attention to the credibility of positive feedback and understanding the nature of criticism in negative reviews. Thoroughly examining reviews helps uncover issues highlighted by negative feedback and aids in determining the authenticity of positive reviews.
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Contacts
Registration address | There is no information on Wisebank addresses, but it is claimed that they can be reached at undisclosed mobile numbers or support@wisebanc.com. |
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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FAQs
Why has Wisebank been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against Wisebank by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Wisebank is down, not updated or operates with clear errors and some features are not available;
• Wisebank has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if Wisebank got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why Wisebank got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from Wisebank?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if Wisebank is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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