WisecapitalX is owned and operated by UIT solution LTD, registered and headquartered in the Marshall Islands. Meanwhile, the company does not disclose any information about its owners, the project’s history, or the date of its creation. However, the site indicates the number of working online clients, about 5 thousand. There is a mention of numerous awards and a reference to 15 years of business operation. As for the domain, it was registered only in August 2023. In addition, the broker does not provide licensing details and there is only one communication channel – via Email.

Can this platform be trusted? Is the company reliable and are its employees professional? We will analyze the legal data, customer reviews, and terminal features and determine whether the broker is safe and if its service is beneficial for trading.

Trading Conditions

WisecapitalX has positioned itself as a leading forex trading broker online. It provides clients with a terminal with more than 1800 instruments. You can use the web platform to work on PC and mobile apps. The company offers currency pairs, commodities, indices, stocks, and cryptocurrencies for trading. Online trading is available to traders with support for a variety of orders, including 6 pending orders, 2 market orders, 2 stop orders, flexible leverage, trailing stop, and 2 position accounting systems.

The terminal has no restrictions on the maximum size of trades and allows trades in one micro lot (0.01). You can open an account by choosing from 4 options. The services are structured by the amount of minimum deposit:

Basic from $250 – Leverage 1:10, Daily News, Weekly Market Review, Trading Academy, Account Manager, Loyalty Points, Weekly Portfolio Progress Report
Gold from $25,000 – Leverage 1:50, 25% off swaps, Weekly live webinar, Monthly session with accountant, Weekly 1 on 1 meeting with market analyst, Year-end summary with tax specialist, 24/7 account monitoring from team of analysts.
Platinum from $100,000 – Leverage 1:100, 50% off swaps. Weekly live webinar. Daily market signals, Customized training program, Invitations to VIP events, In-depth research.
VIP from $500,000 – Leverage 1:200, 75% off Swap, Higher Payouts, Money Manager, Customized Training Program, VIP Event Invitations, Super Narrow Spreads.

Your trading account will be activated after you make an initial deposit. Funds will be converted on the platform in US dollars/£/euro. WisecapitalX promises withdrawals in 7-10 business days. Deposit methods include methods such as credit/debit cards, e-wallets, and bank transfers. The minimum withdrawal amount ranges from $100 to $1,000, depending on the type of payment system. The client’s account must be verified by the site administration 90 business days before the first withdrawal. The trader pays the brokerage company a commission of 1% for the execution of all trades and a quarterly fee of $75.

You must agree when registering an account that WisecapitalX may use your personal information. Among other things, the company reserves the right to disclose your information to affiliates. In addition, the administration may cancel any of your transactions at its discretion.

You can take advantage of bonuses and participate in the “7-Day Guarantee Campaigns” promotions. However, remember that in this case, you will have to fulfill the trading volume (bonus amount + deposit) x25 in order to withdraw funds. Your insured funds will be exchanged by the broker for bonus money, and you will have to exchange the amount of your first deposit 15 times to get the right to withdraw them. You will find analytical materials and training programs as part of your account services.

FAQ

Would investing in WisecapitalX offer the best returns?

Cooperating with this Forex broker will ruin you rather than enrich you. This is risky CFD trading, which is banned in the USA due to dangerous consequences for the capital of the country's citizens. In addition, trading takes place on an unknown and unstable platform.

Does WisecapitalX carry out withdrawals?

The withdrawal procedure is very long, requiring you to provide personal information 90 days before submitting your first withdrawal request. It is likely that the broker will deny you a withdrawal without explanation, as its clients report in reviews about such situations. Share your experience in the comments.

May I be scammed on wisecapitalx.com?

This company actively uses self-promotion, and not always the published information turns out to be true. For example, the official website of the broker says that it has been providing services to traders for more than 15 years, but in fact, its domain was registered a couple of months ago. In addition, the firm does not have a license for financial activities, i.e. it operates illegally, so there is a high risk of fraud.

What's the best way to share my experience with WisecapitalX?

Fill out the form and we'll make sure your voice is heard.

How can I tell if wisecapitalx.com is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Offshore

License: No license

Leverage: 1:200

Broker type: DD

Demo account: No

Affiliate program: Not indicated

Minimum deposit: 250$

Trading platform: WebTrader

Assets: Forex, CFD

12 reviews about WisecapitalX

Otto
December 30
Kontoschließung
Habe vor Weihnachten 100$ abgehoben und alle verlangten Unterlagen zur Kontoverifizierung geschickt. Die 100 $ sind noch immer nicht gekommen. Habe die Kontoschließung beantragt und falls es noch ein bißchen Ehrlichkeit gibt, auch meine investierten 250 Euro.
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Vyd
October 25
You can make money on this forex terminal
I chose this broker to learn how to trade CFDs. I funded my account with the minimum amount. In a month there is a small profit, in 12 pounds:)) So far I have not tried to withdraw funds, as the income is small, but my friend from Facebook has already withdrawn 600 pounds without problems. So, my personal opinion is that it is possible to make money on wisecapitalx.com. The main thing is that you don't need to take big risks. For beginners like me, the analyst recommended starting with longer term strategies.
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octaviang
October 20
It is too early to draw conclusions
I have deposited the minimum amount of 250 euros while trading at zero. Later I will make more precise conclusions and evaluations.
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Naughty
October 17
The mail is not answered, and I can not withdraw money!
I had difficulties with the withdrawal of funds from my account with this broker, and I have never had any problems with depositing money here. I deposited 2 times, both times I deposited through a cryptocurrency wallet, for amounts from 300 USD, and I did not require any additional documents, my amounts came quite quickly and were credited to the account, and when I wanted to withdraw money, then on the site appeared "technical problems". Operators wrote to me that the selected method of withdrawal - crypto - is unavailable now, and why it became unavailable - no one can explain to me! I wrote a detailed letter appealing with questions to their email address, and I got an automatic message to my mail a few days later: "Letter not delivered". I started to look into it - how can this be?!!? My friends tell me that this happens when the mail is full or the address is entered incorrectly. I checked their email address again, and everything was copied correctly. The work phone number is not listed on wisecapitalx.com. I am so frustrated that I am not getting withdrawals from this site. I can't figure out how I can withdraw them. It looks like no one from the administration is going to help me with this.....
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ole
October 17
Intrusive employees
I don't know how this company got my phone number, but the managers knew my name and knew the names of brokers I had worked with once long ago, and gave me exact time periods and company names. I'm not going to trade on WisecapitalX. Their awareness of me seems rather strange :(
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212207
October 16
It is impossible to withdraw money. It is scam 100%
I gave my phone number when registering to find out the terminal functions. A manager from Wisecapitalx called me immediately and told me that there was a good opportunity to make money on forex, that he would help me with all the technical parts, that there were almost no risks, and that he guaranteed a profit from trading of almost 100% per month. I believed him and deposited $25,000 in several installments. And then the terminal started to make some strange movements with trading operations. The broker drained my balance to $3,000 for a month, and the manager persuaded me to deposit more. He said that now it would be possible to win back all investments on some of their insider signals. I refused the offers and applied for a withdrawal, but I haven't been able to do it for over a month now.
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Serge P
October 12
Good trading result
I have deposited over $100,000. I make all trades on WisecapitalX on the advice of my advisor. We work with cryptocurrency and indices. The result pleased me: +8,800$ for a month. I have already ordered a withdrawal once in the amount of 5,000$ and the transaction was successful. There is a slight instability of the terminal, but it does not affect the result.
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mikittt
October 11
Fake broker
All the official information that is on the website is completely false. They have none of the promised features. There are no analysis tools, no training, experts, courses, nothing. If you look at the services of analyzing search queries, only 8 people a month search for a company with the name WisecapitalX in Google and the search engine does not consider its site significant. Accordingly, the broker does not have any traders, especially in the number, as they write on the site - 5 thousand people! It's just a fake platform that appeared a couple weeks ago with its completely made-up story.
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Emotion
October 6
Scammers are cheating you
This site is not known to anyone, and the broker advertises itself as the best resource and the leader of financial transactions on the market. If you open an account on WisecapitalX, then I guarantee 100% that you will write about how you have lost money there or something similar.
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Barial
September 23
No license, no information
The site of this broker seemed strange to me at once and reminiscent of previously closed scam sites. I have already found sites with a similar pattern on the Internet, and they, as well as WisecapitalX, were dedicated to trading on the Forex markets, but they were already blacklisted because they were engaged in fraud. Here, apparently, there will be exactly the same scam, only it is still in its initial stage. This site's history begins in the late summer of 2023, judging by the data from the domain name registrar.
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hkav
September 21
The company has clearly decided to engage in fraudulent activities
Unregulated broker is not a reliable partner. You need to stay away from such companies.
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Valery Iii
September 21
Bad example for your start in trading
The company presents itself as a real broker through which you can get access to trading on financial markets, but a whole set of factors indicate its fraudulent intentions. WisecapitalX is an example of very gross brokerage fraud. First of all, I would like to note that the company's website appeared on the Internet only in August 2023. Before that there were no other domain names or similar resources. But despite this, scammers write on their site that they have been working for 15 years! Apparently, the broker has always done without a website, and it decided to think about opening an online platform after 15 years of work... Secondly, the site itself looks like a very poorly assembled constructor. In some places there are spelling errors and navigation problems. Some unnecessary, apparently left from the template, information that catches the eye at a closer look at the site. These are scammers - I can see all their tricks at once. Also, the first dissatisfied clients appeared, and their first reviews on the network about the broker are negative, despite the period of work of this site. It is unclear to me for what reason people decided to entrust money to this particular company, however, they legitimately received only losses.
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