WigMarkets is an offshore Forex and CFD brokerage firm. It offers a wide range of financial instruments of different classes for trading. The broker provides the latest MT5 platform for trading with a minimum deposit of $500 to open an account.
Is WigMarkets Regulated?
WigMarkets is an unregulated platform. Although, it claims to be registered in Vanuatu and has an offshore license. Being an offshore company, there is a sense of ambiguity among investors about its legitimacy.
How Safe Is It To Invest Your Money With WigMarkets?
WigMarkets is an unreliable forum. It lacks both transparency and accountability. The official website is being down and it seems that the broker has shut down its operations. Hence, it is suitable to avoid this broker while taking any investment decisions.
What To Do If You Have Been Scammed By WigMarkets?
WigMarkets has received negative feedback overall from the investors. In addition, the Italian financial regulator CONSOB has issued a public warning against the entity. Unfortunately, if you are facing some fraud issue with WigMarkets, reach out to us. Our team of professionals will assist you to receive your lost sum.