Abstract:In today's comprehensive review, WikiFX will delve into the details of TigerWit, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use it. Keep reading to find out more!
With a global reach, WikiFX is a regulatory query platform for forex brokers, having scrutinized and evaluated over 48,000 brokers while maintaining close collaboration with more than 30 national regulators. For a deeper understanding of the security and credibility of your chosen brokers, we encourage you to visit www.wikifx.com or download our free app from Google Play or the App Store.
TigerWits official website is https://www.tigerwit.com/.
Our WikiFX database states that TigerWit has a fairly low WikiScore of 2.08, meaning it is not a reliable broker.
TigerWit LLC is registered in Saint Vincent and the Grenadines under company registration number 181LLC2019. TigerWit claims that it is regulated by the Financial Conduct Authority (FCA), Securities Commission of the Bahamas (SCB), Securities and Futures Commission (SFC) and the Australian Securities and Investment Commissions (ASIC). However, WikiFX discovered that both SFC and ASIC licenses had been revoked.
WikiFX also has a specialized field survey team that pays visits to the physical premises of brokers to verify the legitimacy of their addresses. Upon visiting TigerWit, we found that TigerWit's office does not exist at its registered address in the United Kingdom. In fact, the registered address is a residential building instead of a commercial one, where most financial institutions are usually located.
Types of accounts:
TigerWit offers 4 different types of accounts:
Deposit and withdrawal methods:
TigerWit provides various deposit and withdrawal methods, as displayed below:
Trading platforms:
TigerWit offers the renowned and well-known MetaTrader4 trading platform. This platform includes a wide range of technical and fundamental analytical capabilities. Additionally, it provides immediate access to live price feeds, enabling 24/7 trading from any location.
Expert Advisors (EAs) are another automatic trading method the platform supports. It is accessible on several platforms, including computers, web browsers, Android, and iOS.
Customer Service:
TigerWit provides 24/5 customer service via email at customerservice@tigerwit.com. The company provides no other contact information. WikiFX would recommend our users opt for a broker that offers an online chat service to ensure that users can obtain assistance and support promptly.
Exposure:
The biggest issue WikiFX has seen with TigerWit is an increasingly alarming amount of complaints regarding withdrawal issues. Visit the Exposure page on WikiFXs site to see more relevant cases: https://www.wikifx.com/en/exposure/exposure/0001171237.html.
In summary, WikiFX does not recommend TigerWit to our users. There are a lot more reliable options to choose from using our free mobile application or on our website, www.wikifx.com. Therefore, there is no need to put your hard-earned money at risk with such a risky broker.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The US Dollar (USD) outperformed its main competitors on Monday, and it is still strengthening early on Tuesday. The US Building Permits and Housing Starts data for March will be available on the docket. Later in the American session, a number of Fed members, including Chairman Jerome Powell, will be giving talks. The Federal Reserve (Fed) will also release numbers on industrial production.
The US Dollar is stable compared to its main competitors after finishing Tuesday on a positive note. There won't be any significant data releases on the US economic docket, but a number of Federal Reserve (Fed) policymakers will be speaking on Wednesday. During European market hours, Eurostat will make changes to the March inflation figures available.
Interactive Brokers has expanded trading hours for US Treasury bonds, now allowing trading for 22 hours daily.
Proprietary trading firms, commonly known as prop firms, have been gaining attention in the forex and cryptocurrency industry. These firms recruit traders to trade with their capital, offering potentially lucrative opportunities. However, the question arises: Are prop firms truly worth the hype?