The site is operated by STOCKWISES CORP LTD, which claims that the project was launched in 2015 in England “to provide the best trading conditions” in the forex and cryptocurrency markets. The brand allegedly “provides loans to more than 870K registered accounts.” However, the intermediary does not publish any reports, licenses, or other documents confirming these facts.
Is it a trustworthy partner? Will you “grow and improve together” with this broker or rather lose your capital – you will find out from our Stockwise review.
How to Trade
The brokerage firm provides clients with cryptocurrency CFDs and access to the markets for stocks, bonds, commodities, currencies, and derivatives. You’ll find 5 tariffs and over 530 trading instruments on the Web Trader platform. The trading conditions are as follows:
- Minimum deposit $250 / $250,000.
- Spreads from 0.1 pips.
- Leverage up to 1:1000.
- Automatic trading.
The platform supports more than 30 payment methods. The intermediary promises clients rewards in the form of free deposits, promotions, contests.
The organization presents its training center with more than 300 webinars. Tech support works through a feedback form.
Stockwise Vital Info
The firm talks about the project’s launch in 2015 and the “more than 30 years of experience of the management team.” Besides, the company publishes a certificate of incorporation, but it lists the organization’s founding date as September 26, 2024. So when was this platform launched? Presumably not earlier than the domain was created, namely, in June 2023.
As for regulation, the broker assures that it is licensed and supervised by financial authorities. At the same time, the firm refers to the STOCKWISES CORP LTD registration certificate we mentioned. First, this document is not a license. Secondly, anyone can order such a certificate online for 15 pounds. Thirdly, the company is not engaged in brokerage activities; it is not in the register of the British regulator FCA, and there is no document that the site we are investigating belongs to this organization.
Fraudulent broker, my account with $14,630 was blocked for no reason. SCAM!!!
Scammers!!!!! They use methods of psychological pressure on the client to lure out money. Stockwise crooks do not spell out all the conditions, they pressure you to make a decision here and now, they do not give you time to think, they do not send you documents with specific, defined conditions. Everything is designed to pull money out of the client. I deposited 780 ETH here even though I didn't plan to do so. The scammers blocked my account, Stockwise is a scam!!!!
SCAM!!! Rascals stole 4,520 euros from me!!! Withdrawal of money is not possible here.
I did a stupid thing by investing $1,700 here, I should have made sure that stockwise was reliable. I just believed in the license that is on the site and opened an account to trade forex. Soon I started noticing strange things and tried to withdraw my money, but as it turned out, this feature did not work and the money was not withdrawn. Now I am wondering if I should even continue trading online with any other broker. I have realized that it is a questionable activity as there are a lot of scammers around.
I am writing my review because I have suffered from this company, I have lost my money, almost £6.7K due to the manipulation of the broker. The trading on this trading platform is fake, there are no signs of transactions being sent to the exchange, trading takes place exclusively within this platform. Also, withdrawal is a feature that does not work. These are the main reasons why you don't need to work with this company.
I got into the right brokerage company, with which it is quite profitable to do business. STOCKWISE has transparent conditions, maximum openness and there is a lot of information about the broker on the Internet. You can study reviews about them, almost all comments are quite positive, so I opened a trading account👍 The first thing to pay attention to is access to many markets. I am engaged in scalping, and it is convenient for me that the spread is narrow, almost all the profit remains to me, in addition, I have automatic assistants, from which I constantly receive trading signals with high profitability. I can safely recommend this broker to you, as cooperation will be profitable in any case. The only problem you may encounter at the beginning is that you will find it difficult to register, but this is a minor problem.
I opened a trading account and started investing hoping that I would make a fortune, but it didn't happen. At first the company staff helped me in any way they could, as I thought at the time, but in fact they were pulling money out of me, and when my manager suggested that I invest in an investment portfolio designed by STOCKWISE professionals, I readily agreed. By my calculations the profit should have been huge and they did credit my account with 30% of the £12,000 I deposited, but I had to pay an insurance premium, another £2,300, to make the payments. And after I paid the insurance premium, my account was frozen and any cooperation with STOCKWISE stopped. All my attempts to contact the broker are pointless, no one responds to inquiries. By the way, they have no license and the FCA refused to protect me.
I lost all my money on this platform, although I have been trading for more than one day! Commissions are just huge here. I will admit that I am partly to blame, as it was my decision to come here, I expected Stockwise to have a professional platform where I could make money.I traded for a couple of months and during that time I spent $1340 trading every day. I will note that the platform is designed quite well, everything is clear and user friendly, but you will most likely lose your money on huge commissions.
I checked the information about the broker and did not open a trading account at stockwises.com, I would like to point out that this is a duplicate site that uses someone's bank details and licenses. In fact, these are scammers and for obvious reasons you should not invest money here otherwise you will lose everything.
The company is a clone. Everything is designed to lure and rob a person. Scammers created a similar domain name to mislead traders. They use a license from another company that this broker does not own.
Overall I am happy with the platform and I can recommend the brokerage services of this company. Stockwise has access to the exchange, trading algorithms, training, mentoring, good spread levels, and webinars are frequent. I think it is convenient to work here. In general, this firm is able to lead to success for absolutely every beginner who will try to learn how to trade.
If you don't want to be left without money, you don't need to open a trading account with this company, it's very simple here - the thing is that stockwise is a double of a real British company, and the crooks just made a fake website and used someone else's certificate. Trading here is fraught with risks and fraud, and I cannot recommend you such a broker.
I accidentally found out about this scam company and for some reason I invested 330 dollars. Do you think I was able to earn and withdraw the money? No. This scam did not process any of my requests and did not withdraw a single cent. In your opinion, is this a worthy project? I found out later that Stockwise works without a license, guarantees, or insurance, but they lie a lot: about hundreds of thousands of traders, about working in the British jurisdiction since 2015, about security. Absolutely all figures and statistics you can see on stockwises.com are fake and unreliable.
First of all, I would like to express my appreciation for algorithmic trading, the profitability from it is crazy, you don't need to be a genius to make profits working with STOCKWISE. All you have to do is to use the information you get and just convert it into money :) The scheme of work is very simple and profitable. The company opens up incredible opportunities because it is an officially operating British broker, with which you can run successful business.
I don't see anything serious, reliable or positive about this project. Why? Take a look at the types of accounts and everything will become clear to you. The broker has a policy of attracting money. I mean that the company asks for more money from clients in trading plans, while promising to provide more services and better trading conditions. In other words, the higher your deposit, the more additional preferences are available to you. This policy often characterizes fraudulent organizations. In addition, Stockwise has a minimum deposit of $250, which is also another sure, almost guaranteed sign that the company is fraudulent. Almost always when I've come across brokers that had a minimum deposit threshold of $250, it was some kind of outright fraud, illegal platform, fake, and so on. I don't think stockwises.com will be any exception. In addition, I would like to draw your attention to the fact that the company does not own any licenses. And there is an important aspect! Moreover, the scammers indicated that their headquarters are in London, but such a broker cannot exist there because of the 1:1000 leverage. I even checked the register of the British regulator, which controls brokerage activities in the country, and did not find such an organization there. So I find it hard to believe that this is a UK broker. Apparently, the scammers invented this legend for the sake of attracting attention to their project. And at the same time they forgot that this information can be very easily, quickly and simply checked by every client.