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This material contains the following information:

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• What we know about WiseMarket;
• Indisputable arguments that WiseMarket is a scam;
• Further indications that WiseMarket is a scam.

The information is enough to make a correct conclusion about the essence of WiseMarket. We took the decision to double-check everything ourselves to be 100% sure.
We registered, a WiseMarket manager called us back and almost immediately started offering to make a very large amount of money. He used aggressive sales methods, some silly flattery. We funded our account for the minimum amount of 25$ and decided to try the signals provided by this broker. What happened next? We lost almost the whole amount in a few transactions and decided to withdraw the money, but they never transferred it to me. Once again WiseMarket representative called and tried to dissuade me from withdrawing the money and vice versa to deposit the account once again and make trades, and according to him if we had done that, I would have got my losses back. True, it is unclear why the staff could not just refund the loss without me giving the broker my money once again. It's clear that if I had done that, they still wouldn't have given the money back, not a cent.



What happens if you or anyone else spits on all the evidence mentioned in this material and decides to try working with WiseMarket? Let's get into that. Let's take a review of WiseMarket from the Reddit forum:
"I am writing this review in order to share my traumatic experience with WiseMarket and to warn potential investors before they even consider giving their personal hard-earned money to this company. In my many years of trading experience I have never dealt with a worse brokerage company, and it has given me a bitter taste in my mouth and a significant decrease in my confidence in trading in general.

Another very important feature of a good trading platform is strong security features. Ensuring that users' personal information and financial resources are protected is key. A reliable trading platform must have adequate security measures in place, such as two-step authentication, encryption and secure socket layer technology (SSL). All of these and other things should firmly protect clients from fraud, account theft or hacking into the investment platform itself with massive information leakage. None of this is anywhere near present on the WiseMarket platform.

In this part of the article there is the following information:

• How a good brokerage company's site should be set up;
• How a WiseMarket site is set up;
• Comparison of a good brokerage platform with what WiseMarket has.

As stated above, WiseMarket and its representatives are not exempt from aggressive selling, insults, demonstrating obvious lack of expertise, using marketing tricks like offering gigantic earnings and scamming reviews. WiseMarket has no legal data on its website, not even a public offer agreement, but legal papers confirming the existence of a brokerage licence, registration details and, optionally, some merits should be present. The situation on Google is almost the same as with opinions, they are all boilerplate. The fact that WiseMarket doesn't refund money is a common feature of scams. WiseMarket analysts also like to give false signals, which are not only unrealistic to get money, but on the contrary, all investments are lost. Criminals often give such signals in order to get income and more commissions and fees, although this is more true for representatives of real investment firms who are scamming in this way. But the excessively frequent failures of the WiseMarket platform are also a clear indicator of a scam.

What do the reviews on WiseMarket say? Almost all about deception and the screaming incompetence of WiseMarket representatives. The ratio of favourable to unfavourable reviews is, of course, in favour of the unfavourable ones. With favourable reviews on WiseMarket things are similarly not so simple. The problem is that all reviews are too much the same type and have been published recently and at approximately the same time. All this indicates that these positive reviews are fake. Read one such review:
"WiseMarket is a great firm! The firm has brokerage regulation. I earn 50-100% of my account balance a month and I dedicate 15 minutes a day to it all. I advise everyone to use WiseMarket!
Really cool firm! The only one that has the ability to make an ordinary trader a multimillionaire for a couple of years, because he can get 150-200% every four weeks. We think it's already obvious that this is not a real review.
We took another review on WiseMarket written on Reddit:
"This is the most profitable broker in the world. I don't understand why WiseMarket is not number one in Europe and America yet! The service is top notch and the analysts at WiseMarket are very competent. I have been working with the company for about four years and I'm doing great."
Neither do we understand why the broker in question is not the best... among scammers until now.
Note, that those people who engage in scamming don't even know themselves WiseMarket "provides services" for only six months, but certainly not for several years, which say this character cooperates with WiseMarket. No facts which prove that the WiseMarket analysts are "very competent" are given.

When it came to the basic aspect of investor support, I got really pissed off. Their managers either didn't give an answer or were incapable of addressing my difficulties with any semblance of professionalism. I felt like I was talking to a robot, and my requests for help went unheeded. In that situation I promptly needed support during a critical market movement, I found myself in a difficult position, which eventually resulted in me losing a significant amount of money.

As we can see, the trader not only lost money and nerve cells but also did not gain any positive trading experience, only disappointment in the investment. If you look at other opinions, they have about the same content. The most frequently asked about is that WiseMarket does not withdraw money. Investors also talk about the total incompetence of the WiseMarket representatives. When reviewing opinions on WiseMarket we have repeatedly seen evidence that the managers of the company in communicating with customers afford blatant deviousness and allow themselves to be insulted. Reviews on a normal investment company should say otherwise, or at least things can't be that awful. Basically, the reviews on WiseMarket also clearly show that WiseMarket is a common scam.

A proper investment platform should be available in both mobile and desktop versions. In today's fast-paced world, investors need to be able to access their brokerage platform on the go. This would, optionally, allow them to follow a rapidly changing environment and instantly sell or buy an instrument if there is a compelling reason to do so. A quality platform should have an adaptive mobile app as well as a full-fledged desktop version to suit a variety of investor preferences and needs.

Next, let's move on to a comparison of what WiseMarket and an adequate average company offer. How does a normal brokerage platform have to function? A normal trading platform is an important tool for traders to access global markets and make informed investment decisions. A quality platform should have both a cent and a demo account apart from a basic account.

It's also bad enough that it had an emotionally tangible impact on me. Not only have I lost a significant amount due to WiseMarket's incompetence, but the whole incident has planted in me a sense of betrayal and a deep distrust of the brokerage industry. I can't get rid of the painful memories of the countless hours spent settling difficulties and compensating financial losses caused by the fraudulent nature of this office.

In brief, almost nothing. The company appeared in 2022. Exactly what city it is based in is unknown. There is no positive information in just over half a year of the company's existence. There is purely black information on the company, but first things first. Our people decided to try and find information on the internet about the location of the legal address of the company but in the end they didn't find anything. On the contrary, a reputable company tries to be as open and transparent as possible and inform its investors, so that they understand who they are going to give their money to, but as we see, the owners of WiseMarket do not think so.

A good trading platform should have a user friendly interface. A well-designed, subliminally understandable user interface is a must for a brokerage platform. It ensures that users can easily navigate the platform, manage their portfolios, and conduct transactions without difficulty. There is nothing like that on the WiseMarket platform. We have seen many different platforms, and it is a familiar thing, but the platform in particular is difficult to navigate, in spite of the huge expiry rate.
A good brokerage platform should have a variety of investment instruments. A good brokerage platform should provide a sufficient range of investment products, including stocks, bonds, ETFs, mutual funds, options, futures and other securities. This enables clients to protect their accounts from risk and have access to a variety of asset classes. There are quite a few currencies on the WiseMarket platform, but the catch is that WiseMarket scams and dealing in these assets is not real, it's not all happening in reality, like in the game. When you buy shares via the WiseMarket platform you are not actually buying anything because WiseMarket is not regulated and therefore not allowed to operate in the world markets and therefore you are not really buying anything via a broker on the exchange. In general, the WiseMarket has not only a terrible usability, but it is also quite aesthetically annoying.

It was initially clear that WiseMarket's degree of professionalism and competence was clearly close to zero. Their platform was constantly unreliable, with constant technical failures and a user interface that can only be described as clumsy and incomprehensible. This alone made transaction execution frustrating, but the problems did not end there.

Of course we are referring to the lack of regulation. The regulator has a number of functions, especially the inspection of brokerage offices, inspection of specialists, control of the financial component, traders and verification of the company's solvency. But the most important task of the regulator is to prevent financial manipulation. Money manipulation can look very different, an example being the withdrawal of client money without the client's knowledge, or the misuse of client money in transactions for which the client has not given permission. Before the crisis of two thousand eight and nine, the largest banking institutions in the United States did this on a massive scale. You can, for example, get your money back through the regulators. The regulatory body has developed its own parameters according to which they confirm the competence of financial institutions, including trading companies. This in turn ensures that their investors are dealt with by professionals. WiseMarket does not have any trading authorization, not even the regulation from some shell company.

Entrusting your own money to WiseMarket is a decision you will surely regret, as I do now. I have dealt with the unpleasant reality that this is the worst thing that could have happened to me as a person, and I am sure my experience will be for forum users who, are considering entrusting personal money to this unfortunate brokerage company."

What is also a must-have on the site of a decent broker? Research tools! A brokerage platform is obliged to give clients access to research tools and resources. These can be financial news, analyst reports, company financial reports, technical analysis tools and more. These resources enable investors to make informed investment decisions rather than doing the wrong thing. And how can you make sound investment decisions if all that is present on the WiseMarket platform is a calendar? White brokers make sure that their traders can make the right decisions, because this has a direct influence on the overall outlook of the cooperation between them.

You have seen it all for yourself. WiseMarket is different even among scams. The firm is so awful that there is no place to put a stigma on it. Opinions on WiseMarket that do not appear to be rigged are filled with criticism. People write again and again that they do not get their money back, the employees are insulting, the platform is uncomfortable, it hangs systematically, there are only negative memories from cooperation with WiseMarket. If you do not want to face the same thing as other traders, in any case, do not even leave personal information on the WiseMarket website, or if you have already left it, then immediately block the numbers of the employees and do not pay attention to them. If you do start talking to the WiseMarket staff, there is the risk that scammers with their skills and experience will wrap you round their finger and steal your money. Because scammers don't just offer investments, they try to gain the trust of their victims by befriending them, enticing them with the promise of higher profits.