Is WandaFx Scam or Legit Broker?

No, it is not safe to trade with WandaFx. The broker doesn’t provide any information about the company behind the brand’s name, regulatory information, or contact details.

About Wandafx
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is Wandafx safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is WandaFx?

WandaFx provides Forex, Crypto, and CFD solutions to institutional and private investors. However, without disclosing essential details about the company and its trading conditions the broker usually cannot be trusted and taken seriously. The terms and conditions on the website state that the company is under Estonian jurisdiction, but it is not actually regulated by its local regulator.

  • We have heard WandaFx broker denies traders withdrawing funds. We have feedbacks from traders that they cannot withdraw money. You can read the feedback here.

WandaFx - official website


WandaFx Review Conclusion

We advise all investors and traders to avoid WandaFx and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as eToro, Exness broker, and XM.

WandaFx Update

Our research revealed that the WandaFx website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals. 

No news available.

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