Reported as a scam / unregulated
Why Wise Tradefx is on the register
Wise Tradefx is not a reliable broker for traders even though it states offers that look good to be true. Wise Tradefx claims to be authorized and regulated by the Seychelles Financial Services Authority (Seychelles FSA). However, we did not find any match results to Wise Tradefx in Seychelles FSA. The regulation information is a false statement for unsuspecting traders. Besides, Wise Tradefx shows its office addresses in the United Kingdom and the United States. According to the relevant national laws, we searched among the following regulatory bodies： 1) the UK Financial Conduct Authority (FCA); 2) the US National Futures Association (NFA). However, we did not find any match results to Wise Tradefx in the above watchdog’s registries. That means Wise Tradefx is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.