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/10

WETUOKE

United States United States | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.wetuoke.com/

Website

Rating Index

Contact

https://www.wetuoke.com/
Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United States United States
Operating Period
2-5 years
Company Name
WETUOKE
Company Website
Website
Company Summary
News
Comment

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Official website

Website

  • wetuoke.com
    104.18.2.155
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    2013-06-29
    Website
    GRS-WHOIS.HICHINA.COM
    Company
    HICHINA ZHICHENG TECHNOLOGY LTD.

Company Summary

Note: WETUOKEs official site - https://www.wetuoke.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

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 contained in this article is for general information purposes only.

General Information

WETUOKE Review Summary in 10 Points
Founded Within 1 year
Registered Country/Region United States
Regulation NFA - Suspicious Clone
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/USD Spread N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support N/A

What is WETUOKE?

WETUOKE is an unregulated newly-established investment platform. Their website is unavailable currently.

WETUOKE's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
N/A • No valid license
• Unavailable website
• Reports of withdrawal difficulties
• Lack of industry experience

WETUOKE Alternative Brokers

    There are many alternative brokers to WETUOKE depending on the specific needs and preferences of the trader. Some popular options include:

    • CMC Markets - a reputable broker with a wide range of trading instruments and advanced platforms, making it a suitable choice for experienced traders.

    • LiteForex - offers competitive trading conditions and a user-friendly platform, making it a good option for beginner traders.

    • Z.com Trade - provides a reliable and transparent trading environment, making it a recommended choice for traders looking for a regulated broker.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is WETUOKE Safe or Scam?

Based on the information available, the lack of valid regulation for WETUOKE, along with reports of withdrawal issues and the current unavailability of their website, raises significant concerns about the safety and legitimacy of the platform. These factors indicate a higher risk of potential scam activity.

NFA license

It is crucial to exercise caution when dealing with unregulated or suspicious brokers, as they may not adhere to the necessary regulatory standards and investor protection measures. The inability to withdraw funds and the unavailability of the website further suggest potential fraudulent practices.

To ensure the safety of your investments, it is recommended to only engage with reputable and regulated brokers that have a proven track record of reliability and customer satisfaction. Conduct thorough research, seek reviews from reliable sources, and consider the experiences of other traders before making any decisions. It's also advisable to consult with financial professionals or advisors who can provide guidance tailored to your specific situation.

User Exposure on WikiFX

On our website, you can see that reports of withdraw difficulties. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Conclusion

In conclusion, the lack of regulation and reports of withdrawal issues surrounding WETUOKE highlight the potential risks associated with this broker. The unavailability of their website further adds to the doubts regarding their legitimacy. It is recommended to exercise caution and choose a regulated and reputable broker that provides transparency and reliable customer service. Safeguarding your funds and ensuring a smooth trading experience should be a top priority when selecting a broker.

Frequently Asked Questions (FAQs)

Q 1: Is WETUOKE regulated?
A 1: No. Their United States National Futures Association (NFA, No. 0553546) license is a suspicious clone.
Q 2: Is WETUOKE a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and negative reviews.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

Beware of WETUOKE | Tax Payment or Denied Withdrawal

Exposure Beware of WETUOKE | Tax Payment or Denied Withdrawal

Wetuoke requested a 75,000 USD tax payment yet prior to releasing its client’s funds.

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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