Wealth Global Community is a contract-for-difference (CFD) broker whose official domain was registered on March 12, 2024. This broker primarily provides investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries and regions where doing so might violate local laws or regulations.
Company Registration and Regulatory Status
According to the official website (www.wealthglobalcommunity.com), Wealth Global Community was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed detailed company registration and regulatory information.
Upon investigation, the Australian Securities and Investments Commission (ASIC) does not have registration information for a company named “Wealth Global Community.”
Therefore, Wealth Global Community (www.wealthglobalcommunity.com) is essentially a scam broker site without any company entity or regulatory oversight.
Account Opening Process
The account opening process for Wealth Global Community involves visiting their official website, clicking "Open Account" on the homepage or "REGISTER" at the top right corner of the page, and filling out the registration form with personal information such as name and email, and setting a password. Successful verification of the account completes the registration.
Investment Plans
Wealth Global Community offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: $500
- Minimum expected profit: $3,500
- Maximum expected profit: $5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
CLASSIC ACCOUNT:
- Minimum deposit: $5,000
- Minimum expected profit: $45,000
- Maximum expected profit: $50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
PLATINUM:
- Minimum deposit: $10,000
- Minimum expected profit: $99,999
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional Forex signals
- Up to 10 signals daily
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payment only
- Use any broker
Trading Platform
Wealth Global Community offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with more than comprehensive liquidity providers and over 12,000 orders executed per second.
Deposits and Withdrawals
Wealth Global Community only supports deposits and withdrawals through cryptocurrencies.
Summary:
Traderknows reminds investors that Wealth Global Community is a fraudulent broker that lures investors with promises of high returns. In reality, it has no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.