Warning: Is TradesWiser a Scam?

Warning: TradesWiser (tradeswiser.com) Analysis

We audited TradesWiser (tradeswiser.com) and uncovered alarming issues.

We found that the company name is BiggerData Limited, it is located at 1 Ropemaker Street EC2Y 9HT The City of London, United Kingdom, and the support email is support@tradeswiser.com.

TradesWiser appears to be a trading platform, but it is unlicensed by any credible authority.

Money Stuck in TradesWiser?

If you believe you have been tricked by TradesWiser, act now. Fill out the form below to talk to our investigative team for a free assessment.

Regulatory Check: TradesWiser

Our check confirms that TradesWiser is missing a valid license.

Investing with unlicensed brokers is very unsafe. Trusted firms are must be licensed with agencies like the FINRA or FCA to protect investors.

TradesWiser lacks this supervision. This means there is no legal recourse if they withhold your funds. Many online scams involve unregulated entities, and getting back funds from them is challenging without professional assistance.

For example, in Europe, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not members of SIPC, meaning your money is at risk.

How TradesWiser Might Scam You

Online trading fraud is evolving. Fraudsters use social engineering to steal wealth. Here are common tactics used by brokers like TradesWiser (tradeswiser.com).

Dating App Scams

"Pig Butchering" is a common tactic where scammers build trust over weeks. They build a friendship on social media. Once trust is built, they introduce a special investment. It is a lie to lure you onto a scam site .

Rigged Platforms

Scammers build websites that mimic real trading apps. They have charts and balances that go up. But it is a simulation. The scammer manipulates the prices to convince you so you invest more. When you try to withdraw, the "profits" are gone.

Other Warning Signs

• Cold Calling: They call you from "brokers" out of the blue.
• Unregulated: The firm has no legal registration.
• High Returns: They promise huge profits with no risk.
• Withdrawal Issues: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" pressure you to deposit more.

Do not trust fake reviews. Fraudulent brokers frequently post their own positive reviews to appear real.

Final Thoughts

TradesWiser is unsafe. It is likely a fraud. Protect your money and use a regulated broker. Avoid tradeswiser.com at all costs.