Company Profile
Company Profile
Review summary
| Wisdom Financial Service Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Saint Lucia |
| Regulation | FCA (Exceeded) |
| Market Instruments | Forex & CFD Trading on Stocks, Indices, Oil, Gold |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | From 0.1 pips (Standard account) |
| Trading Platform | APP |
| Min Deposit | $1 |
| Customer Support | Contact form |
| Tel: +66867741450 | |
| Email: admin@wisdomfinancialservice.com | |
| Social media: Facebook, Instagram, Twitter | |
| Regional Restriction | USA |
Wisdom Financial Service was registered in 2023 in Saint Lucia, which is a broker focusing on the forex and CFD markets. It offers 3 types of accounts, with a minimum deposit of $1 and a maximum leverage of 1:1000. It was regulated by the Financial Conduct Authority (FCA) in the UK, but the license was exceeded, which means potential risks may exist.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | New to the market |
| Multiple investment plans | Exceeded FCA license |
| Flexible leverage ratios | No MT4 or MT5 |
| No commissions | Unknown payment methods |
| Low minimum deposit | US clients are not allowed |
| Various channels for customer support |
Is Wisdom Financial Service Legit?
Wisdom Financial Service was once regulated by the Financial Conduct Authority (FCA) in the UK, but it was exceeded. Besides, the current status shows that activities such as client transferring and updating are prohibited. Therefore, careful considerations are recommended, because potential risks may exist.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Financial Conduct Authority (FCA) | Exceeded | UK | Common Business Registration | 15895105 |
What Can I Trade on Wisdom Financial Service?
Wisdom Financial Service offers several types of products, including forex, stocks, indices, oil, and gold.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Oil | ✔ |
| Gold | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Investment Plan
Wisdom Financial Service provides 3 types of accounts, including Mini Plan, Standard Plan, and SVIP Plan.
| Investment Plan | Min Deposit |
| Mini | $1 |
| Standard | $1,000 |
| SVIP | $3,000 |
Leverage
| Investment Plan | Max Leverage |
| Mini | 1:1000 |
| Standard | 1:500 |
| SVIP | 1:300 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Fees
| Investment Plan | Spread | Commission |
| Mini | From 0.5 pips | ❌ |
| Standard | From 0.1 pips | |
| SVIP | From 0.3 pips |
Trading Platform
Wisdom Financial Service uses its own trading APP, but it does not provide details about this APP.
| Trading Platform | Supported | Available Devices | Suitable for |
| APP | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
醒梦?
Hong Kong
I submitted a withdrawal request on the 28th and it's still under review. When I contacted the platform, they said the server I was using triggered an alert.
Exposure
...72321
Hong Kong
This new platform is a joke. Crude oil cost basis was 400, I traded on fundamentals, and won. The moment I try to withdraw my principal, they start playing dirty. They hit me with a "violation" flag and are now demanding I hold my ID and write them a handwritten guarantee letter to get MY OWN MONEY back.
Exposure
醒梦?
Hong Kong
At that time, my strategy indeed triggered the platform's risk control system. The withdrawal review took several days, but they ultimately allowed it to proceed. The handling outcome was quite fair and reasonable, a brokerage worthy of praise.
Positive
FX7603821532
Hong Kong
Recently, many friends have been asking me which platform is more stable to use now, and I would basically recommend Wisdom. Because from my actual usage, it's quite reliable in terms of both trading experience and capital efficiency. The platform runs stably, orders are placed smoothly, the spreads are relatively reasonable, and there are rarely any situations that affect trading during normal order execution. Most importantly, the withdrawal speed is fast, which makes using it more reassuring. Nowadays, many platforms advertise a lot, but there aren't many that can operate stably in the long term and make users feel at ease. Wisdom is one that I currently recognize quite well.
Positive
Sarguna Raj
Netherlands
I've been trading with Wisdom for a year now. Their platform is user-friendly and reliable. 👍👍👍
Positive
Sarah K
Japan
Needed help with setting up my account, and customer support was fantastic. Very responsive and helpful!
Positive