The brokerage firm characterizes itself as “the best provider of trading solutions”. Besides, the intermediary claims to have started operating back in 2007 with its headquarters in the UK, but the user agreement mentions Hungary. According to the website, the company’s activities are supervised by the financial regulator FCA, but there is no confirmation of this.
How reliable is this platform? Our Wealth Solutions Limited review will tell you how safe it is to work with this broker.
How to Trade
The intermediary offers clients a choice of 5 tariff plans. Registered traders have access to the following features:
- 3 asset classes.
- Low spreads from 0.1 pips.
- Leverage from 1:20 to 1:100.
- High-speed order execution.
The brokerage company promises its clients to provide direct access to market liquidity. Meanwhile, it does not disclose details about any of the allegedly more than 20 providers.
Users can get acquainted with the latest news from the world of finance and exchange rates. Tech support is available via the feedback form.
Wealth Solutions Limited Vital Info
The names of the owners and managers running this project are confidential. As for the start date in 2007, it is not confirmed by copies of documents. Note that the domain name was registered only on May 27, 2024. That is, it is a very fresh resource. So, the information about its work for 14 years is obviosly false?
However, let’s not rush to conclusions and check the legal data. On the website tab with account types, for some reason the brokerage company calls itself “Bemo Investment Firm LTD”. In addition, the British firm offers clients the option to sue in Hungary, as stated in the user agreement. All this made us suspicious and we checked its registration. Yes, Wealth Solutions Limited is indeed based in Birmingham, but it is established in 2019 and it does not engage in brokerage activities. In addition, this firm is not registered with the FCA.
I can't believe I fell for the scammers at Wealth solutions Limited! It all started with the promises of the firm's representatives about quick earnings on the platform. I invested 10,000 dollars as they advised me and immediately started trading. At first glance, everything looked great, I was making at least 100 dollars a week, but when I tried to withdraw my profits - it became clear that it was a scam. They froze my account and stopped answering my calls! In the end I lost all my investments.
I wasn't interested in Wealth Solutions' financials, but I'm sure they are fine, as the broker operates under the UK FCA license. Is there a more reputable European regulator? I am not an adherent of passive investing and always trade on my own, so the range of markets and assets offered is enough for me. The leverage is 1:100, which is also enough for me. There is a loyalty program to compensate trading expenses for active traders. Spreads are narrow, and in addition, they are fixed. In short, wealthsolutionsltd.com has everything you need for profitable trading.
You can place hedging orders here, meaning you can place both long and short positions on the same instrument at the same time. There is also a large selection of markets and commodities available for trading at wealthsolutionsltd.com. There are fixed spreads and there are no additional hidden commissions. I opened a trading account within one business day. My only regret is that I did not switch to Wealth Solutions sooner.
I invested 1,700 dollars in WEALTH SOLUTIONS LIMITED because the managers promised me big profits on cryptocurrency. Everything went smoothly at first, but when I tried to withdraw my money, they started demanding additional fees and eventually paid nothing.
Who created this horrible resource?!! There is a video on the main page of wealthsolutionsltd.com, where some call center employees are sitting and talking on the microphone, and there is also an old man discussing something on the monitor, where the main terminal of the crypto exchange BINANCE is depicted - I was delighted and laughed for a long time 😂 Developers, where did you get this stupid content? It's very funny, I can't find other words... The texts are written with mistakes and typos. The information on trading conditions contradicts itself: some spread sizes and others, leverage in the text is 1:100, but in the personal cabinet - 1:500. All asset classes are available immediately, it is written in one place of the site, and in another - the client needs to open a certain tariff plan!!! I have the impression that the site was created by several people who did not even pay attention to what is already written on this resource. In fact, we are dealing with an illegal broker, which does not own guarantees of reliability, such as licenses, insurance, protection against hacking of the client's account. The activity is fake, as the firm is not legally registered. Such pseudo-brokers a priori can not be registered as a legal entity, I'm not talking about the presence of any licenses there. It's a scam. I've said it all!
I regretted a thousand times that I got in touch with this pseudo broker, since there is no talk of any honest trading here. I am 100% sure that the managers of Wealth solutions limited draw all the charts themselves. I would like to note that I am constantly losing money on every deal, and this situation has never happened to me on any other platform. This is unnatural because there should be a profit at least once! I initially deposited $300 to test the terminal, but the funds in my account quickly ran out so I could not find out about the withdrawal procedure. I haven't had a chance to appreciate it. However, I think it's unlikely that withdrawals are easy and fast here as I had problems already at the identity verification stage when registering an account. I sent photos of documents 6 times :( and the security service constantly did not accept them because of glare, even though there was none. In general, the site is very inconvenient and everything works unstable.
This is another fraudulent resource. Nothing new at all. Swindlers use the same scheme every time they create a fresh scam project. The scammers here did not even try hard to create a fake site and in some places forgot to change the old name to a new one. That's how I found out that their previous forex scam was called Bemo Investment Firm LTD. I recommend you read the reviews and debunking reviews on this Bemo, there is nothing but negativity there and this is a bad situation. Now the scammers have come up with a new venture, wealth solutions limited. I think that there are probably several such platforms because scammers play on quantity. They create, for example, 10 similar sites, and some of them become popular for a short time. So my first advice is never trade in wealthsolutionsltd.com. The second advice is to always check for yourself all the facts that this or that broker emphasizes to you. Let's learn from the example of this dirty company. What do they brag about? The date of foundation in 2007, an office in the UK and the presence of a license from the Financial Conduct Authority. But what is the reality? And the reality is that they just took a company that actually officially operates in England, and just used its name, they took someone else's license, and are covered by the UK regulator. You can see that the real firm has other legal details, other addresses and contacts, it is significantly different from this fraudulent broker. This is how scammers deceive people, especially newbies ⛔ so my review is aimed specifically at newbies so they don't believe in this broker scam. Be more careful.
I deposited over £3.6k and in the end I was unable to withdraw either my profits or my funds. I realized that there was no point in investing in this project. However, the representatives of the firm are good psychologists and they know how to persuade clients to deposit.
I had no idea what really lies under this platform. At first, I deposited $1,500 and everything was fine. I started trading with profit,but after a week the terminal started working worse. This manifested itself in the long loading of absolutely everything: the site, elements, the platform itself. Orders began to take a long time to open, graphic elements constantly crashed when switching timeframes or assets. Spreads increased several times and the commission too - it became unprofitable for me to trade. The chart became unstable, and it always deviated sharply into the stop-loss zone, so almost all trades were closed by stop-loss. For some assets, the program did not even allow a transaction to be opened. Sometimes stop-losses did not work... I give 1 star only for the fact that the administrators allowed me to withdraw all the remaining money.