This review is dedicated to a broker named Wiolin. How does this platform differ from others? How profitable or safe is it here? Or, conversely, is there no point in opening a brokerage account? The firm claims to be owned and operated by Finplus Capital Ltd, but without any real confirmation of this. The headquarters is based in Comoros, where it has received its only license from MISA so far. At the same time, other data about the activity is somehow missing, for example, the duration of the operation.
How to Trade
The broker promises access to 1,200+ financial assets: forex, metals, indices, commodities, cryptocurrencies, and stocks. Traders in Wiolin can also use leverage up to 1:500.
The minimum deposit and additional services depend on the selected tariff plan. Wiolin offers 6 diverse types of accounts. Deposits start at $1,000. At the same time, volumes from 0.01 lots, a swap-free option is available, account manager, and 24h support, economic news, technical analysis, and others.
The size of commissions is not specified, but the firm calls them low. Unfortunately, spreads are also not indicated, but Wiolin promises fast order execution. The platform is available not only in WebTrader format but also as a desktop and mobile.
Wiolin Vital Info
The question of operational experience always plays an important role, but for some unknown reason, the broker does not indicate its foundation date. However, some facts show that Wiolin began serving customers in the second half of 2023. Firstly, the legal entity was registered in MISA in June 2023, and in August, the domain of the official site, which was up for sale despite being created in 2020, was purchased. Secondly, the first comments began appearing in August-September. Everything matches up; the company has been operating relatively recently.
Checking the MISA registry, which controls the activities of brokers registered in the Comoros, showed that the legal entity Finplus Capital Ltd indeed exists.
Does Finplus Capital Ltd really manage Wiolin? We will not find out. Moreover, offshore registration and control from the local regulator do not provide reliability guarantees.
FAQ
What are the key facts about Wiolin?
Although the firm does not disclose its experience, we managed to find out that the platform was launched in the second half of 2023. This indicates a short period of operation. Additionally, the MISA registry showed that Finplus Capital Ltd was authorized there on June 1, 2023. There is no real proof that this company manages the broker. This could easily be a fabricated story. The organization also does not disclose the names of its management and business model on its website, but it's not hard to guess that we are dealing with a classic 100% B-Book, meaning a conflict of interest.
What's the risk to my wallet when working with this broker?
Those wishing to start collaborating with the company should be aware of two things. The first is the high risk associated with trading using leverage. Most traders are unprofitable, and often the reason lies in the high leverage. The second is offshore registration. Firms like Wiolin do not have the same degree of reliability and safety as competitors registered and regulated outside offshore zones. MISA is not a proven and strict regulator, so the firm carries an increased risk. Withdrawal of funds may be unavailable.
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The Goods & The Bads
Legal entity and address are specified.
Several ways to contact the managers.
Wiolin has been operating for less than a year.
High requirements for the initial deposit, and no demo is available.
With few reviews on the internet, the firm is unpopular among traders.
It's good that I bypassed this fake platform. A friend invested here and ended up losing everything. The scammers don't respond; he wants to talk to them, but it's impossible.
RETURN! MY! MONEY! How much longer? Two months have passed! They completely ignore me and don't want to return my deposit. THIS IS NOT NORMAL! WIOLIN, I'M ASKING YOU! Please!
I like the company, its appearance, its official website, and its modern trading terminal. Moreover, the flexible tariff plans cater to all types of traders, which is a plus because it demonstrates a high level of customer orientation. Overall, probably, Wiolin is a top broker.
These fraudsters refuse to process withdrawals. Imagine, they won't allow you to withdraw your money. I'm shocked, how is that possible? Where can I file a complaint to get the money back? To MISA or whatever their regulator is? I don't understand why they create such problems. Why not conduct business honestly? Why deceive and scam for money? If you're a legal broker, then operate transparently and process all your clients' requests successfully.
It turns out that Wiolin is making a fool of me by refusing to process withdrawals. I have $2,500 stuck - it's a significant amount; in my country, you can live well for 2 months on these funds. And these scammers and swindlers don't want to withdraw them. What nonsense, I can't accept this. I need to file a complaint; I will look into it. When it becomes clear what the outcome is, whether they scammed me or it's possible to get the deposit back, I will definitely write a review again. I hope this is just a temporary problem.
It is probably a very risky brokerage company option. I don't particularly trust offshore organizations because they typically deceive their clients. It could be fake quotes as well as a plain refusal to process withdrawals. So, I wouldn't invest a deposit here. wiolin.com is a very risky option for trading.
I don't see proper regulation at Wiolin, for example, FCA or CySEC, or ASIC, but there is MISA, which is a pseudo-regulator. Besides, the firm is very secretive, shares little information about itself, and it's really unclear how it operates. I wouldn't get involved in such.
How to achieve a refund from Wiolin? Does anyone know? Because these illegal brokers stole my money, more precisely, they don't allow it to be returned. How can they be influenced? I acted like a fool. I read positive reviews on the internet, thought it was true, but it turned out not. In the comments, people wrote that it's safe here, and the company operates honestly. But it was an obvious deception.
Despite the high minimum deposit of $1,000, I still invested $2,000 here. I don't know why I did it, but the phone managers very skillfully scammed me. I had to take some part of my savings to replenish the brokerage account. I feel like a complete idiot because I fell for such an obvious scam.
Without a doubt, they scammed me. Wiolin is a fake brokerage company that everyone should know about.
I dislike such brokers. They are very dangerous and risky. Look closely. Wiolin is legally based in some little-known country, some offshore, some islands. Do you think their regulator really protects the interests of traders? I wouldn't be so sure in your place. It's like Saint Vincent and the Grenadines and their Financial Services Authority SVGFSA, which essentially does not control the activity of forex brokers. The situation here is similar. Yes, you can find regulation from MISA, but it makes no sense. The company will say goodbye to you tomorrow, appropriate the money for itself, and what can you do? Nothing. So, don't trust such pseudo-brokers; they're only waiting for you to invest money and start trading so they can scam you later.
Their domain was only updated in late summer 2023, so this is a fresh scam in the forex market. I advise against getting involved with wiolin because the broker is unverified, meaning super risky. Why take the risk? I don't know when there are many verified brokerage firms with licenses and 20 years of experience.
You can't just register an account for no reason. These scoundrels have deliberately closed registration so that people leave their contact details, and some themselves called or wrote to these scammers to find out how to start trading.
And you know what's next? Then the swindlers from Wiolin start their rotten and illegal business. They process the victim and then scam them for a deposit. That's it. As soon as the victim replenishes the balance, they lose everything to the last cent. Don't be a victim of this scam.
Looking at wiolin.com, nothing good comes to mind. The company absolutely does not look like a profitable one to start collaborating with. Moreover, it's a huge risk, as offshore organizations are not known for their honesty and solvency.
I didn't like the high minimum deposit. If compared with what all popular dealing centers now offer, $1,000 is a lot. Compare, where $1,000, and where $10? The difference is colossal. Moreover, Wiolin doesn't even offer a demo account. How is that possible? I haven't seen such terrible conditions yet. So don't think about whether to trade here or not, but immediately look for another platform, more profitable and comfortable than this one.
I have been actively trading intraday on the wiolin.com platform for three weeks now. I can highlight both pros and cons. For example, it's a good platform with many options, but it sometimes lags. This is annoying, especially at the most inconvenient moment. Also, there are low spreads and commissions, but overall, there's a feeling that sometimes spreads and swaps are deliberately raised. Maybe it just seemed so to me.
Overall, I haven't noticed anything bad in Wiolin yet. However, I haven't checked how the withdrawal of funds works because it might not even work. I will check this when I make any profit. So far, the profit is small, so there's nothing to withdraw.
It's good that I bypassed this fake platform. A friend invested here and ended up losing everything. The scammers don't respond; he wants to talk to them, but it's impossible.
RETURN! MY! MONEY! How much longer? Two months have passed! They completely ignore me and don't want to return my deposit. THIS IS NOT NORMAL! WIOLIN, I'M ASKING YOU! Please!
A company of swindlers and fraudsters... stay away, as they will steal your deposit... these are anonymous scammers, their task is to scam people...
I like the company, its appearance, its official website, and its modern trading terminal. Moreover, the flexible tariff plans cater to all types of traders, which is a plus because it demonstrates a high level of customer orientation. Overall, probably, Wiolin is a top broker.
These fraudsters refuse to process withdrawals. Imagine, they won't allow you to withdraw your money. I'm shocked, how is that possible? Where can I file a complaint to get the money back? To MISA or whatever their regulator is? I don't understand why they create such problems. Why not conduct business honestly? Why deceive and scam for money? If you're a legal broker, then operate transparently and process all your clients' requests successfully.
It turns out that Wiolin is making a fool of me by refusing to process withdrawals. I have $2,500 stuck - it's a significant amount; in my country, you can live well for 2 months on these funds. And these scammers and swindlers don't want to withdraw them. What nonsense, I can't accept this. I need to file a complaint; I will look into it. When it becomes clear what the outcome is, whether they scammed me or it's possible to get the deposit back, I will definitely write a review again. I hope this is just a temporary problem.
It is probably a very risky brokerage company option. I don't particularly trust offshore organizations because they typically deceive their clients. It could be fake quotes as well as a plain refusal to process withdrawals. So, I wouldn't invest a deposit here. wiolin.com is a very risky option for trading.
I don't see proper regulation at Wiolin, for example, FCA or CySEC, or ASIC, but there is MISA, which is a pseudo-regulator. Besides, the firm is very secretive, shares little information about itself, and it's really unclear how it operates. I wouldn't get involved in such.
How to achieve a refund from Wiolin? Does anyone know? Because these illegal brokers stole my money, more precisely, they don't allow it to be returned. How can they be influenced? I acted like a fool. I read positive reviews on the internet, thought it was true, but it turned out not. In the comments, people wrote that it's safe here, and the company operates honestly. But it was an obvious deception.
Despite the high minimum deposit of $1,000, I still invested $2,000 here. I don't know why I did it, but the phone managers very skillfully scammed me. I had to take some part of my savings to replenish the brokerage account. I feel like a complete idiot because I fell for such an obvious scam.
Without a doubt, they scammed me. Wiolin is a fake brokerage company that everyone should know about.
I dislike such brokers. They are very dangerous and risky. Look closely. Wiolin is legally based in some little-known country, some offshore, some islands. Do you think their regulator really protects the interests of traders? I wouldn't be so sure in your place. It's like Saint Vincent and the Grenadines and their Financial Services Authority SVGFSA, which essentially does not control the activity of forex brokers. The situation here is similar. Yes, you can find regulation from MISA, but it makes no sense. The company will say goodbye to you tomorrow, appropriate the money for itself, and what can you do? Nothing. So, don't trust such pseudo-brokers; they're only waiting for you to invest money and start trading so they can scam you later.
Their domain was only updated in late summer 2023, so this is a fresh scam in the forex market. I advise against getting involved with wiolin because the broker is unverified, meaning super risky. Why take the risk? I don't know when there are many verified brokerage firms with licenses and 20 years of experience.
You can't just register an account for no reason. These scoundrels have deliberately closed registration so that people leave their contact details, and some themselves called or wrote to these scammers to find out how to start trading.
And you know what's next? Then the swindlers from Wiolin start their rotten and illegal business. They process the victim and then scam them for a deposit. That's it. As soon as the victim replenishes the balance, they lose everything to the last cent. Don't be a victim of this scam.
Looking at wiolin.com, nothing good comes to mind. The company absolutely does not look like a profitable one to start collaborating with. Moreover, it's a huge risk, as offshore organizations are not known for their honesty and solvency.
I didn't like the high minimum deposit. If compared with what all popular dealing centers now offer, $1,000 is a lot. Compare, where $1,000, and where $10? The difference is colossal. Moreover, Wiolin doesn't even offer a demo account. How is that possible? I haven't seen such terrible conditions yet. So don't think about whether to trade here or not, but immediately look for another platform, more profitable and comfortable than this one.
I have been actively trading intraday on the wiolin.com platform for three weeks now. I can highlight both pros and cons. For example, it's a good platform with many options, but it sometimes lags. This is annoying, especially at the most inconvenient moment. Also, there are low spreads and commissions, but overall, there's a feeling that sometimes spreads and swaps are deliberately raised. Maybe it just seemed so to me.
Overall, I haven't noticed anything bad in Wiolin yet. However, I haven't checked how the withdrawal of funds works because it might not even work. I will check this when I make any profit. So far, the profit is small, so there's nothing to withdraw.