Hedgewise Markets Ltd is a contract-for-difference broker with its official domain registered on March 15, 2024. The broker primarily offers investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries or regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information on Hedgewise Markets Ltd (hedgewisemarket.com) indicates that the broker was established in 2016 and is regulated by the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose its corporate entity registration information or detailed regulatory details.
Upon verification, no company named "Hedgewise Markets" was found to be regulated by either the UK's Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC).
Therefore, Hedgewise Markets Ltd (hedgewisemarket.com) is essentially a fraudulent broker site with no corporate entity or regulatory oversight.
Account Opening Process
The account opening process for Hedgewise Markets Ltd involves visiting the broker's official website, clicking on "Open Account" on the homepage or "SIGN UP" at the top right corner of the webpage, and filling out personal information such as name and email, and setting a login password. After submitting the information and verifying the account, registration is complete.
Trading Instruments:
Hedgewise Markets Ltd offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies and is known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of whole markets or specific sectors without trading individual stocks. By exploring popular indices, traders can discover diverse trading opportunities and use high leverage to enhance potential returns.
- Commodities: Commodity trading covers key resources in the global market, enabling traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to participate in the price fluctuations and dividends of public companies based on their performance without actually holding the stock.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the chance to profit from highly volatile assets.
Investment Plans
Hedgewise Markets Ltd offers six different types of investment plans: Standard, Zero Spread, Flexi, cTrader, Multi, Forex Signal Subscription.
Standard:
- Minimum deposit: $100
- Risk management
- Tax-free spread trading profits
Zero Spread:
- Minimum deposit: $500
- Trader education
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
Flexi:
- Minimum deposit: $1,000
- Trader education
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
cTrader:
- Minimum deposit: $3,000
- Trader education
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
Multi:
- Minimum deposit: $5,000
- Trader education
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
Forex Signal Subscription:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Payment in Bitcoin only
- Use any broker
Trading Platform
Hedgewise Markets Ltd claims to offer users the MT4 trading platform, providing deep liquidity, leverage up to 1:500, and the best spreads in the industry. However, a search on the MT4 trading platform reveals that there is no broker by the name of Hedgewise Markets Ltd.
Deposits and Withdrawals
Hedgewise Markets Ltd supports deposits via cryptocurrency, wire transfer, e-check, or check.
Conclusion:
Traderknows reminds investors that Hedgewise Markets Ltd is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
