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The WikiFX Score of this broker is reduced because of too many complaints!

Wealth Sailing

China|2-5 years|
Suspicious Scope of Business|High potential risk|

http://wealthsailing.com/en/

Website

Rating Index

Contact

mt5kefu001@yahoo.com
http://wealthsailing.com/en/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Wealth Sailing Forex Ltd

Company Abbreviation

Wealth Sailing

Platform registered country and region

China

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 10 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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    Wealth Sailing · Company Summary

    Note: Since Wealth Sailings official site (http://wealthsailing.com/en/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

    General Information & Regulation

    Wealth Sailing, a trading name of Wealth Sailing Forex Ltd, is allegedly a suspicious regulated forex broker registered in China that claims to provide its clients with a wide range of tradable financial instruments with leverage up to 1:1000 on the industry-standard MetaTrader5 trading platform.

    Market Instruments

    Wealth Sailing advertises that it offers a wide variety of trading instruments in financial markets, including around 40 forex currency pairs, CFDs on indices, crude oil and cryptocurrencies.

    Leverage

    A leverage ratio of up to 1:1000 is offered by Wealth Sailing, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

    Trading Platform Available

    The platform available for trading at Wealth Sailing is the worlds most popular MetaTrader5 trading platform. However, there is some kind of technical issue, just like the below screenshot shows. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

    Trading

    Deposit & Withdrawal

    Wealth Sailing only accepts deposits via cryptocurrencies. The minimum initial deposit requirement is said to be only $10.

    Customer Support

    Wealth Sailings customer support can be reached by telephone: +85294153869, email: mt5kefu001@yahoo.com, service@wealthsailingfx.com. Company address: Room 32, 11/F, Lee Ka Industrial Building, 8 Ng Fong Street, San Po.

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    User Reviews

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    2

    Comments

    Write a review

    FX1395441203
    more than one year
    It is a scam broker and does not hold any valid regulatory license. I have seen that many people are experiencing the same problem as me that they cannot withdraw funds. Investors should choose a trusted broker rather than some company from unknown sources to avoid being scammed out of funds. Before making any investment, a thorough investigation and research should be conducted to find out if the broker is regulated, has a bad track record or is blacklisted, etc.
    2023-03-27 16:51
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    0
    0
    May.
    more than one year
    These people are thieves and scammers. Do not let your relatives get involved with this scam. This is a scam where they keep asking for more money and fake promises of unrealistic earnings in your account.
    2022-12-19 15:22
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