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Canada
2020 (6 Years)
Last online: No recent activity
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Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Wizebank
Company Information
Get to know Wizebank
Wizebank presents itself as a modern online brokerage providing global clients with access to financial markets through its trading platform. The company emphasizes a user-friendly experience, offering a range of trading instruments such as currency pairs, commodities, stocks, and cryptocurrencies via CFDs. Their business model is focused on providing retail traders with the tools and platform necessary to speculate on the price movements of these assets without owning them outright. Wizebank is registered in the Marshall Islands, a common jurisdiction for offshore brokers.
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