Wisebitcoin Review: Devil Forex Scam

Wisebitcoin Review: Devil Forex Scam

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Wisebitcoin ( is a dubious Crypto Currency broker attesting to offer easy and fast Crypto Currency trading experience. For a broker who claims to be the official sponsor of FSV Mainz 05, WISEBITCOIN is making investors lose a lot. This broker USES fake details to lure unsuspecting investors into signing up. How could WISEBITCOIN be such a crude broker and no one notices? Find out in this detailed Wisebitcoin review.

Wisebitcoin Review

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Wisebitcoin Review:

Reason why we had to investigate this Crypto trading service provider is due to calls from users who lost funds. Most traders have sent us compelling email address detailing how this broker scammed them. To offer a slight glimpse of what to expect, users claim this broker went quiet after deposits were made. There’s no way of reaching this broker immediately funds are deposited. This broker will only make contact when asking for more funds to be deposited.

And this is why we had to investigate and make sure we expose this scam platform. A Crypto scam broker will tarnish the good Crypto trading name. Make sure to read this entire review and find out the whole truth regarding this broker. In this detailed Wisebitcoin review, find out why signing up with this scam is a nightmare. We will reveal all the dirty tricks used by this broker. Make sure to sign up with industry approved experts to have a safe trading experience.

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Ownership of Wisebitcoin

Land Prime Group is the company behind this platform and claims to be based in the UK. Scammers will always try to legitimize their products by posting fake details. These fraudsters have become daring and are cloning names of real companies. This is the extent at which Crypto scam artists are going to steal funds from investors. There’s more to come in this expose!

Who are the founding members of this platform? Is Wisebitcoin being run by a professional Forex broker with experience? How can users verify who the owner of this site really is? Why has this broker failed to mention the founding members? If we had the names, it would have been easier to locate and verify ownership details. Stay away from this broker or end up losing your hard earned cash.

Is Wisebitcoin Licensed by authorities?

As far as we know, Wisebitcoin is not licensed or registered by any regulatory body. This is proof we are dealing with an unauthorized broker who has everything to lose. What about the licensing number posted on their disclaimer? As we said earlier, scammers will do or say anything to gain recognition. Wisebitcoin is no different as they have posted a fake and random number to feign legitimacy. Stay away from such brokers as they have something hidden in their sleeves.

If this broker was really licensed, where are their credentials to prove so? A real broker will post copies of their registration certificates for all to see. This enables users to verify licensing on their own and shows transparency. Lack of these vital documents is proof we are dealing with a professional scam outfit. Stay away from this broker or any of their affiliate programs as they are all scams. Depositing money with this broker is the last thing on your mind, this is a sham!

Demo Account

What these scam artists have done with their demo account is unforgiving. These fraudsters have rigged their own demo account to produce insane profit results.  Investors who sign up with demo account are led to believe this platform makes insane profits.

With these fake claims and almost believable profit margins, unsuspecting investors open a real account. A real account demands users to deposit real cash which becomes a major pain.  Wise bitcoin has been scamming most investors for a while now and this review will put an end to this.

Wisebitcoin Broker Review

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Platform Used

According to their homepage, this broker prefers using MT5 trading platform. In order to test how well their platform works, we decided to download it. This MT5 trading platform was not compatible to most of our devices, mobile and tablet. Another disturbing feature we noted was how downloading stalled and stopped at 68%. This means we are dealing with a highly unstable MT5 trading platform.

Any professional trader will tell you straight away to stay away from unstable platforms. Unstable platforms are a high risk and leave users vulnerable to cyber-attacks. Hackers find unstable platforms to be an easy target for data harvesting. These hackers will take over unstable platforms and steal personal files. In most cases, these hackers will steal credit card details as well as your personal identity. This makes a Crypto broker such as Wise bitcoin an easy target.

How are funds secured with Wisebitcoin?

When it comes to security of funds, this broker does not properly secure funds. And this is one big loophole which must be addressed. Where do they bank funds deposited by investors? Is it possible users are depositing funds straight to owner’s personal bank account? This is the case as no details or contract states otherwise. Whoever deposits money with Wisebitcoin is funding the account of owners.

Does WiseBitcoin segregate accounts? To our knowledge, this broker does not segregate accounts. This means WISE BITCOIN is pooling funds to a single bank account. In case the broker decides to shut this website, they will run off with the deposit.  Make a point of staying away from this broker or any of their affiliate programs, they are all scams.

Is Wisebitcoin a Scam?

Evidence clearly reveals we are dealing with a Forex scam who must be shut down. Wise bitcoin is deliberately enticing users to sign up on a scandalous Crypto platform. Who does this? Only a professional scam outfit planning to steal funds does this horrible service. Make sure to mark all their emails as Spam and never click to any links sent by their email marketing team. Hackers are using these links to gain access to your personal files.

Wisebitcoin Bottom Line

Wisebitcoin Crypto Review

In order to completely shut this website, authorities must be involved. All we are left with is adding this Crypto broker to our scam blacklist. Make sure to stay away from any broker who shares the same characteristics. This is a proven and dirty way to enrich the pockets of scam artists. Make sure to avoid any calls from their agents and warn our family and friends. Our readers will stay protected against this fraudulent Crypto broker.

For a comfortable and safe trading experience, why not sign up with experts in the Forex arena? Get reasonable profit margins and stay protected at all times by professional brokers. This is your chance to shine with Forex trading.

Lastly, we wish you all the best in your Crypto trading experience.

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