Wilton Option Review – Is it a Scam or Legit Broker?

As of May 2023, the broker (wiltonoption.com) has ceased operations. But you can read the article to avoid falling for similar scammers.

Wilton Option is a Scam Platform The Truth About Regulation

We were immediately alerted because Wilton Option did not mention its owner. The broker also claims to be based in Zurich, Switzerland. Wilton Options deserves kudos, but can you get past the local financial watchdog?

You know a lot about the Swiss Financial Market Supervisory Authority, (FINMA). It’s a very strict regulator and is extremely meticulous about trading. Wilton Option was placed in the database by FINMA but not on the blacklist.

Wilton Option is a fraudulent scam broker that claims it is based in Zurich. It offers Forex, CFD, and crypto trading to traders from Belgium and other countries such as Sweden, Ireland and Lithuania.

Why it is better not to choose an unlicensed broker

Wilton Option is not licensed as they get. This broker will not allow you to trade. This broker is not regulated in Europe and you are missing out on the many benefits.

These include transaction reporting, negative balance protection, transaction report, transaction reporting, a compensation program worth 20,000 EUR and segregated funds. Leverage restriction (1:30) is also included. The minimum operating capital for a broker must be 730,000 EUR.

Warning from FINMA

One of the claims has been touched upon: the Swiss regulator FINMA has issued a clear warning about Wilton Option. This provider is now a serious risk. We urge you to take the time to read this warning and get rid of the broker immediately.

Wilton Option Software – How Safe is the Platform?

This kind of marketing is why scammers like Wilton Option are able to stay around. This broker was honest enough to promote WebTrader, a simple platform.

This browser-based platform does not offer advanced tools like live market reports or algorithmic trading. However, it does provide basic charts and indicators. You cannot know where your money is as the broker is anonymous and unregulated.

Mobile and Desktop Trading Platforms

It offers mobile and desktop versions of its platform. It’s fake. Online platforms are the only option. This is another of Wilton Option’s tricks to seduce victims.

Aeroadmin, TeamViewer, and AnyDesk

These apps are probably why Wilton placed them on their website. These apps allow one user access to the computer of another.

If you let the fraudster see your computer, it will most likely search for information related to your finances. You should never allow this to happen.

Wilton Option Trader’s Review

Wilton Option currently has 45 reviews on Trustpilot, with an average score 4.1. We believe that bots wrote the positive reviews, as they were mixed. This review is genuine and not fake. It was written by a deceived trader.

Wilton Option Range Investment Opportunities – Trading Instruments

A comprehensive list of instruments is a great way to lure victims into this trap. Wilton Option is well aware of this fact, and that’s why they did it.

• Forex pairs: EUR/USD USD/JPY AUD/CHF…
• Indices – DOW30, UK100, NIKKEI225…
• Commodities Gold, Wheat, Crude Oil…
• Stocks Bayer, Toyota and Apple…
• Crypto – BTC, XPR and USDT…

Wilton Option commits fraud in which countries? Countries of Service

Our research revealed that Wilton Option is involved in fraud in these countries:

• The Netherlands;
• Belgium;
• Sweden;
• Ireland;
• Lithuania;
• Latvia.

Fortunately, Swiss FINMA reacted quickly to this threat. We urge all other regulators to follow our lead. Please share any information you have to help us stop this scheme.

Wilton Option Accounts Overview

Wilton Option offers five types of accounts:

• Mini – 250 EUR, leverage upto 1:5
• Silver – 10,000 EUR, 1:150
• Gold, 25,000 EUR, 1:1200
• Platinum 150,000 EUR, 1:1300
• Premium, 500,000 EUR, 1:1400

These price increases are shocking. Every account is supposedly loaded with perks like a personal account manager and blah blah blah. The withdrawal fees for the first three accounts are 25 EUR + 1%.

A Demo Account Available from a Company

No. There’s no demo account available. This is a red flag. You will need to invest in order to test trading. We could only find a promo code on the registration menu.

What is the Minimum Deposit?

Wilton Option claims that clients can deposit using credit/debit cards or wire transfers. We found an alternative for cryptocurrency instead. This discrepancy is alarming. Because of their anonymity, scammers prefer crypto to bank transfers.

Minimum deposit 250 EUR, minimum withdrawal 100 EUR. The account type determines the fees.

Wilton Option Negative Balance Protection

Once you have achieved a certain trading volume, this cool feature is activated. This feature prevents you going negative.

First, you need to be a licensed broker. Next, you can consider negative balance protection.

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

Wilton Option: Video

Below you will find a short video about Wilton Option. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Wilton Option!