✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker WiseFunds (also called wisefunds.co and wisefunds.cc), is a Forex, CFDs and Cryptocurrency broker. Is WiseFunds really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You may be wondering why we are reviewing WiseFunds. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
It should be noted that the WiseFunds website does not have a Spanish version, we have also received messages from Spanish-speaking clients.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: does not mention it. Update March 2020: Mention being part of Kleinman Enterprises Ltd and Kleinman Services OU
As to its location, The broker mentions being based in: supposedly in London, although if it is real the base in Ireland should be regulated by the UK regulator, the FCA, and this does not happen, which makes us doubt about the real base of WiseFunds. Update March 2020: mention being based in Saint Vincent and the Grenadines and Estonia
If we analyze the regulation of the broker: they do not mention anything about being a regulated company, which makes us think that it is an unregulated broker.
If now we go on to analyze account types offered by WiseFunds, we noticed that they offer 5 different types of account / plans: Basic Account, Bronze Account, Silver Account, Gold Account and Platinum Account. We leave an image with a little information about each type of account.
Basic account- $ 250 minimum initial deposit, 20% welcome bonus, 24/5 support, education center, daily market reviews, webinars, price alerts, introductory session with an expert.
Bronze Account- $ 5.000 minimum initial deposit, 30% welcome bonus, 24/5 support, education center, daily market reviews, webinars, price alerts, introductory session with an expert.
Silver Account- $ 10.000 minimum initial deposit, 40% welcome bonus, 24/5 support, education center, daily market reviews, webinars, price alerts, introductory session with an expert, private sessions with strategy analyst , 2 live webinars.
Gold Account- $ 50.000 minimum initial deposit, 50% welcome bonus, 24/5 support, education center, daily market reviews, webinars, price alerts, introductory session with an expert, private sessions with strategy analyst , 2 live webinars.
Platinum Account- $ 100.000 minimum initial deposit, 60% welcome bonus, 24/5 support, education center, daily market reviews, webinars, price alerts, introductory session with an expert, private sessions with strategy analyst , 8 live webinars, exclusive access to positions.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that WiseFunds offers are: the MT4 platform and Status.
We will now analyze the different resources and aids for traders that WiseFunds provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
WiseFunds provides the following aids or resources to traders or stakeholders: economic calendar, financial event news, really not much more than this.
| Other information about WiseFunds |
Some more information in case you want to contact the company, or see its website for yourself.
Website: wisefunds.co and wisefunds.cc/sign-in
Telephone: unmentioned
Email: [email protected]
>>> Assessment on WiseFunds <<
Ending with this section, in our opinion Do we think the WiseFunds company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is supposedly based in London but is not regulated by the UK regulator, which makes us think that perhaps its base in Ireland is not Real, they do not mention which company they belong to, when looking for other reviews on WiseFunds we could not find any, which makes us think that it is a "new" company. We suggest using caution.
⛔ Attention ⛔ : in January 2020 CNMV added WiseFunds to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the CNMV January 2020 warning
⛔ Attention ⛔ : in May 2020 CONSOB added WiseFunds to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to CONSOB's ⚠️ May 2020 warning
⛔ Attention ⛔ : WiseFunds, together with AtlasFX, Virtual Stocks, The Capital Stocks, RoyaltyFinance y CreditWise, is owned by the infamous company Kleinman Enterprises Ltd, a company that resides in a tax haven and has scammed thousands of people.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”318 ″]
Hello,
The brokers of WiseFunds and The Capital Stock are the same as those of KontoFX-Olympia Markets-Libra Markets - ConfixFinancial - AUrum Pro Financial and others (the Kleinman company is in San Vicente, a small island and it is only a facade). The Police closed the first pages and these are the new ones that are coming out.
They are the same scammers. The companies behind the website are the same and they receive the money in the end as well. All they have to do is change the web page when the police close it and voila. Aurum Pro is one of those they use now.
All the commercials (Emma, Ana, Sofia, Tomas use false names and the supposed numbers of London, Switzerland, etc. are also false, everything is false. According to the police and the lawyers they are in Eastern Europe and other countries, there is the call -center from where they call the victims in Eastern European countries.
There are already quite advanced police investigations, and we are a group of more than 90 victims who are already prosecuted and with the National Police, in the INstruction Court:
[email protected]
The only way to end these scammers is by joining, because if not, the police will ignore isolated complaints. It is a shame that they continue like this and scamming
Hi, I'm Ana, I also invest in wisefunds, and I haven't been able to contact them for a long time. Today crypterium financial services called us saying that wisefunds has gone bankrupt and they have bought it, keeping all the clients and saying that the money invested is in a European central bank, and in order to recover it, as wisefund was not arriving, they had not declared anything To the hacienda, therefore, to recover that money you have to pay 26 percent. Someone knows if this is true and it has happened to others.
Hello Ana, it is all a lie, do not pay any attention, they are scammers and the same characters are behind everything, do not send money to Wisefunds or Crypterium, you will lose it.
Hi, I'm Ana and I had invested in wisefunds, and they haven't responded for a long time. Today a company called me and said that wisefunds went bankrupt and they took it. And they say they are going to give us our money back. Someone knows if this is true. Or is it another scam.
Hello Ana, the Wisefunds broker was unreliable and the company that you say has taken Wisefunds is sure they are themselves under another name, you know the name of the new company / broker to make a review.
Greetings.
I am in contact with the Police and they tell me that it is better to form a group and unify the scams of these heartless people, I could put you in contact with those who are taking it to me. I have created an email account to derive from here and if we can tell our experience to others to expedite something, welcome. The mail [email protected].
All the best
Hi Fran, thank you for sharing your experience with WiseFunds. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
regards
Hello good day,
I have been trying to talk to them for days and there is no way, I have the same problem. Sofia is "missing" and they do not reply to any email. Have you created or do you know of any platform to report them? I am thinking of setting up a quick website for the complaints of these unpresentable and thus join forces together, at least to recover the investment.
Hi Marc, thank you for sharing your experience with WiseFunds. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have numbers, contact names, emails from which you have been contacted?
regards
WHERE DO WE GET IN TOUCH?
Hello, good afternoon! For a long time they called me almost every day about 3/4 times a day until I decided to try and enter with the lowest capital after making the deposit I did not hear anything more about them ... here the most recorded of all is that they have personal data and they have bank details and passwords and they can manipulate everything, absolutely everything ... and from what another broker explained to me, this is handled by a Russian mafia ...
Hi Jenny, thank you for sharing your experience with WiseFunds. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company. If you think they have sensitive data, you should go to your bank and explain the situation.
Do you have numbers, contact names, emails from which you have been contacted?
regards
Any group or person to whom I can refer to get more information and how to proceed to try to recover the investment?
A greeting and thanks
Hi FRAN, what experience have you had with WiseFunds? We do not know if a group has been created, we publish all the information we have on this page.
regards
They are liars who never allow me to withdraw my money, only excuses and more excuses or they simply block my phones and I cannot contact them
it's all a gross scam to take away the money
Hi Anita, thank you for sharing your experience with WiseFunds. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have numbers, contact names, emails from which you have been contacted?
regards
Hi, I'm Ana, I have invested in wisefunds, and for a few days a certain Sofía Kruger has blocked my wasap, she has even blocked the page where the deposits and transfers are made, I think they have changed the access code and I cannot enter. Can someone help me connect with them. I'm still working with the exchange but I think it's a demo account. To entertain myself. The certain Sofia said she was in London but the phone came out of Switzerland.
Hi Ana, thank you for sharing your experience with WiseFunds. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have numbers, emails from which you have been contacted?
regards
Hi, I'm afraid of everything I'm reading since I have contact with the one I see is named here on this website Sofía Krueger… any way to withdraw? at least I don't have a lot of money, but I wouldn't want to lose my money and even less give it to a bunch of liars
Hi Fidelio, thank you for sharing your experience with WiseFunds. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have numbers, contact names, emails? About withdrawing, being a company without any type of regulation, everything becomes much more complicated if they do not want to let you withdraw
regards