Whitford Assets is a CFD broker whose domain was registered on June 14, 2023. This broker primarily offers investment services in trading markets such as Forex, cryptocurrencies, precious metals, commodities, and funds to retail and institutional clients. It does not provide services to countries or regions where offering such services may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to its homepage (www.whitfordassets.com), Whitford Assets is regulated by financial supervisory authorities under New Zealand jurisdiction. However, the "Packages" page indicates regulation under U.S. jurisdiction. The "Terms of Service" page states that any litigation arising from the terms of this site shall be conducted in courts located in New Zealand. Additionally, clicking on "Legal" at the bottom of the homepage directs users to the New Zealand Companies Register, which shows the registered company as WHITFORD ASSETS MANAGEMENT LIMITED with registration number 6615513.
Upon investigation, Whitford Assets does not appear in the registration records of U.S. financial regulatory agencies such as the National Futures Association (NFA), Financial Industry Regulatory Authority (FINRA), and the Securities and Exchange Commission (SEC). Additionally, the New Zealand Financial Service Providers Register also shows no regulatory information for WHITFORD ASSETS MANAGEMENT LIMITED.
Therefore, Whitford Assets (www.whitfordassets.com) is essentially an unregulated fraudulent broker website.
Account Opening Process
To open a trading account with Whitford Assets, visit their website, click on the "REGISTER NOW" button on the homepage or "Join Now" at the top right corner to go to the account registration page. Fill in the required personal information such as name and email address, set a login password, submit the form, and complete the account verification process.
Investment Plans
Whitford Assets offers four investment plans: Basic Plan, Silver Plan, Diamond Plan, and Platinum Plan.
Basic Plan:
- Trading Cycle: 24 hours
- Minimum Deposit: $50
- Maximum Deposit: $999
- Enhanced Security
- Referral Bonus: 10%
- 24/7 Dedicated Support
- Return Rate: 7%
Silver Plan:
- Trading Cycle: 24 hours
- Minimum Deposit: $1,000
- Maximum Deposit: $4,999
- Enhanced Security
- Referral Bonus: 10%
- 24/7 Dedicated Support
- Return Rate: 12%
Diamond Plan:
- Trading Cycle: 24 hours
- Minimum Deposit: $5,000
- Maximum Deposit: $9,999
- Enhanced Security
- Referral Bonus: 10%
- 24/7 Dedicated Support
- Return Rate: 17%
Platinum Plan:
- Trading Cycle: 24 hours
- Minimum Deposit: $10,000
- Maximum Deposit: No Limit
- Enhanced Security
- Referral Bonus: 10%
- 24/7 Dedicated Support
- Return Rate: 22%
Trading Platform:
Whitford Assets offers a proprietary trading platform, but it does not provide detailed information about it, and it is limited to the web version only.
Deposits and Withdrawals:
Whitford Assets supports deposits and withdrawals in multiple cryptocurrencies.
Summary:
Traderknows reminds investors that Whitford Assets is a scam broker luring investors with promises of high returns but is actually unregulated. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
