WiiCrypto Review – wiicrypto.com is an Unregulated Scam Broker
Broker status | Unregulated |
Regulated by | Unlicensed brokerage |
Scammers Websites | wiicrypto.com |
Blacklisted as a Scam by | CSA, OSC, ASC, NSSC, MSC |
Owned by | No Info |
Headquarters Country | No info |
Foundation year | 2022 |
Supported Platforms | Web Trader |
Minimum Deposit | No Info |
Cryptocurrencies | Forex / Crypto / Indices / Commodities / Shares |
Types of Assets | Available |
Maximum Leverage | 1:600 |
Free Demo Account | No |
What is WiiCrypto?
WiiCrypto – is an online broker that offers Forex, Crypto, Indices, Commodities and Shares trading. Their site looks very legit and professional! But let’s take a deeper look.
Is WiiCrypto Legit or Scam?
The Wii Crypto website lacks sufficient information. It does not provide any contact details such as address, phone number, or links to their social media accounts. Furthermore, there is limited information available about their operations, making it challenging to determine their location or the individuals behind the business.
Although the website includes a section on Legal documents, the only mention of regulation is a brief paragraph giving an overview of EU regulations. This lack of comprehensive regulatory information indicates that we are dealing with an unregulated broker.
WiiCrypto was active in United States, United Kingdom and Canada.
Canada, the United States, and the United Kingdom are jurisdictions with strict regulations that do not permit the existence of anonymous websites like WiiCrypto.
WiiCrypto: Account Types
The broker offers four types of account:
- Beginner
- Daily Trader
- Arbitrage
- Executive Portfolio
In the description of each of them there is no information about the minimum deposit. But you can notice the big leverage in the account for beginners – 1:600.
What Warnings Are Issued by the Financial Authorities for WiiCrypto?
We found several warnings issued against the WiiCrypto scam. It is interesting that all warnings came from Canadian regulatory watchdogs.
The regulators that flagged WiiCrypto as a scam include:
- Canadian Securities Administrators (CSA).
- Alberta Securities Commission (ASC).
- Nova Scotia Securities Commission (NSSC).
- Manitoba Securities Commission (MSC).
- Ontario Securities Commission (OSC).
Analysis of The Domain wiicrypto.com
Based on data from the Scamadvisor website, the domain has the lowest rating – only one point out of a possible 100. And a large list of negative highlighters:
- The identity of the owner of the website is hidden on WHOIS.
- The Tranco rank (how much traffic) is rather low.
- Cryptocurrency services detected, these can be high risk.
- Payment methods support anonymous transactions were found.
- We discovered mainly negative reviews for this site.
- The age of this site is (very) young.
- According to Complytron, this website has been sanctioned or blacklisted.
- This website is not trusted by Trend Micro.
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How to Make a Withdrawal from WiiCrypto?
Due to the anonymous and unregulated nature of the WiiCrypto website, we strongly believe that encountering withdrawal issues is highly likely. Therefore, we strongly advise against trading with WiiCrypto. Take a look at their withdrawal rules and commissions.
What Should I Do If I Become a Victim of wiicrypto.com?
We understand the distress and concern you may be experiencing. Falling victim to scams can have significant financial consequences. Taking prompt action is crucial to prevent the fraudster from profiting at your expense and to work towards recovering your misappropriated funds. We strongly advise you to contact us immediately for effective assistance.
Our dedicated team of legal experts is ready and available to support individuals in your situation. You can reach out to us at any time, and we will leverage our resources to attentively listen to your concerns and provide expert guidance.
WiiCrypto: Video
You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about WiiCrypto. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about WiiCrypto!
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FAQ
- Is WiiCrypto Reliable?
No, the broker is not trustworthy as it is unlicensed. WiiCrypto has been blacklisted by multiple Canadian financial market regulators.
- Can I Engage in Crypto and CFD Trading with WiiCrypto?
Yes, WiiCrypto offers both crypto and CFD trading options on their platform.
- Does WiiCrypto Provide a Demo Account?
No, WiiCrypto does not offer a risk-free demo account or a free trial.
- WII Crypto Minimum Deposit
No info
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