Score
Cyprus
|
5-10 years
| http://www.wise-wolves.finance/
Website
Rating Index
Influence
D
Influence index NO.1
United States 2.42
Single Core
1G
40G
1M*ADSL
CyprusA Visit to WWF in Cyprus -- Office Confirmed Existed
It is confirmed after the survey team’s site visit that WWF’s office indeed is located at the regulatory address. However, the team was unable to enter the broker's office so that the office scale and operation condition of which remained unknown. Please be prudent when trading with this broker.
CyprusA Visit to WWF in Cyprus -- Office Confirmed Existed
It is confirmed after the survey team’s site visit that WWF’s office indeed is located at the regulatory address. However, the team was unable to enter the broker's office so that the office scale and operation condition of which remained unknown. Please be prudent when trading with this broker.
Cyprus
VIP is not activated.
| WWF Review Summary | |
| Founded | 2016 |
| Registered Country | Cyprus |
| Regulation | Regulated by CySEC (License No. 337/17, Market Maker) |
| Market Instrument | FX |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Minimum Deposit | EUR 100 |
| Customer Support | Phone: +357 25 366336 |
| Fax: +357 25 355233 | |
| Email: wwf@wise-wolves.com | |
Wise Wolves Finance Ltd, a Cyprus-based financial services firm founded in 2016 and run by CySEC, is under CySEC's regulation. Though it does not permit demo or Islamic accounts, it offers institutional clients a wide range of trading and investment instruments.
| Pros | Cons |
| Regulated by CySEC | No demo accounts |
| Broad range of financial instruments | High trading fees |
| Various contact channels | Not suitable for beginners |
| Limited account choices |
Yes, WWWF is regulated. Its Market Maker license is No. 337/17 from the Cyprus Securities and Exchange Commission (CySEC). However, its former FCA (UK) licence expired on October 15, 2022 and is no longer active.
Through a broad spectrum of financial tools and managed investment services, Wise Wolves Finance Ltd unlocks world financial markets. Its services include structured investment products, FX services, proprietary trading, and order execution.
| Type | Service |
| Main Investment Services | Reception and transmission of ordersExecution of orders on behalf of clientsDealing on own account |
| Ancillary Investment Services | Safekeeping and administration of financial instrumentsGranting credits or loans related to transactionsCapital structure and M&A advisoryForeign exchange services related to investmentInvestment research and analysis |
| Covered Financial Instruments | Transferable securities, Money-market instruments, Units in collective investment undertakings, Derivatives on securities, currencies, interest rates, commodities, etc. Credit derivativesContracts for differences (CFDs) |
| Product Types | FX Options (Put, Call), Shares, Sovereign Bonds, Corporate Bonds, Depositary Receipts, ETFs and ETCs, Deliverable and Non-Deliverable FX Options |
Wise Wolves Finance Ltd offers a single type of live brokerage account for institutional and professional clients. There is no demo or Islamic (swap-free) account available. All account openings require document submission and approval from a client manager.
Wise Wolves Finance Ltd charges moderately high fees compared to typical retail brokers, especially for minimum charges across trading and safekeeping services.
| Service Type | Fee (as % of volume) | Minimum Fee | Remarks |
| Stocks (non-US), Bonds | 0.1% – 0.25% | EUR 50 | Competitive percentage, high minimum |
| US Stocks & ETFs | 0.04 USD/EUR per share | EUR 100 | Fixed per-share model |
| Currency Exchange | 0.05% | EUR 100 | Standard rate, but high flat minimum |
| OTC Derivatives | 0.003% – 0.15% | EUR 100 | Generally low % but minimum still applies |
| Safekeeping – Instruments | Up to 0.25% | EUR 100 | Tiered based on portfolio |
| Safekeeping – Cash | Up to 0.75% | EUR 100 | Higher than typical for cash holdings |
| Corporate Action | Fixed | EUR 100 | Flat rate, common for institutional clients |
| Ancillary Services | Fixed | Up to EUR 300 | No detailed breakdown |
In my experience evaluating forex brokers, one key element I always examine is the minimum deposit requirement, as it sets the bar for initial capital at risk. For WWF, the minimum deposit to open a live trading account is EUR 100. While this threshold is not unusually high compared to some institutional-focused brokers, the lack of a demo account for familiarization and practice stands out for me as a concern. The minimum deposit is just the starting point, but with WWF, it's important to factor in their overall trading and service fee structure. I noticed that their fees for trading, currency exchange, and account maintenance are relatively high, with flat minimums such as EUR 100 applicable to various services—even beyond the initial deposit. This means that although the upfront requirement might be accessible, ongoing costs can accumulate quickly and warrant careful consideration. Given the broker’s single account type targeting institutional or professional clients and the issues reported by numerous users regarding withdrawals, I would urge others to approach this minimum deposit in the broader context of risk. For me, the deposit is only worthwhile when accompanied by trust in the withdrawal process, regulatory clarity, and transparent cost structures—all areas where my examination has left me cautious.
In my experience reviewing WWF as a forex broker, I was unable to find any reliable or clearly stated information on whether they provide payment methods that support immediate withdrawals. What concerns me, as a trader who values both capital safety and timely access to funds, are the multiple, detailed reports of delayed or outright blocked withdrawals. Several users have described situations where attempted withdrawals were met with unexpected requests for additional payments—such as margin, tax, or notarization fees—which is atypical and troubling in the context of standard broker operations. Even after providing these payments, many claim that their withdrawal requests remained unresolved, and in some cases, customer service became unreachable. While WWF is regulated by CySEC, the high number of unresolved withdrawal complaints and lack of transparent guidance on payment processing times suggest significant risk. Importantly, I have not seen any indication of instant withdrawal options being reliably provided. For any broker, immediate or prompt withdrawals are a cornerstone of trust and operational transparency. In this case, the absence of clear, verifiable support for immediate withdrawals has made me extremely cautious. I would urge anyone considering this broker to be vigilant and ensure they fully understand all relevant withdrawal policies and possible risks before proceeding.
Speaking from my experience as a forex trader, I find WWF’s fee structure quite different from standard retail brokers—it's more tailored to institutional or professional clients rather than retail traders like myself. Their commissions on stocks and bonds typically range from 0.1% to 0.25% of the trade volume, with a substantial minimum charge of EUR 50 per transaction. For US stocks and ETFs, the pricing converts to a per-share model of 0.04 USD/EUR, but with an even higher minimum fee of EUR 100. Currency exchange operations, something I pay close attention to, incur a 0.05% commission, again with at least a EUR 100 minimum, which is far higher than most brokers I’ve used. OTC derivatives seem inexpensive as a percentage (0.003%–0.15%), yet the EUR 100 minimum applies here too. For ongoing costs, they charge up to 0.25% for instrument safekeeping and up to 0.75% for cash holdings, both with high minimums, meaning even a small portfolio gets hit with significant charges. These high flat fees can be a major hurdle unless you're moving large volumes. In my view, such a pricing model could quickly erode returns for active or smaller traders. For me, transparency around spreads is also crucial, but unfortunately, WWF does not provide clear spread information, making it hard to estimate total trading costs. Based on the above, I would advise caution and a thorough cost analysis for anyone considering WWF, especially if you're used to more traditional retail brokerage pricing.
As an independent forex trader with experience researching and evaluating brokers, I approach questions about withdrawals with great caution, especially when it comes to WWF. Based on the information available, I have serious reservations about the reliability of WWF’s withdrawal process. There is a repeated pattern of user reports indicating denied, delayed, or outright blocked withdrawals. Some users described initially being able to withdraw small amounts, but once larger sums or bonuses were involved, the process became problematic, often requiring additional unexplained fees or “taxes” before funds could be withdrawn—and even then, users frequently report never receiving their money. To me, the lack of any clear disclosure on average withdrawal times—combined with numerous complaints specifically about frozen accounts and withdrawal failures—suggests that reliable processing cannot be expected. More concerning are red flags such as requests for margin payments or various extra charges as supposed prerequisites for withdrawal, which are not standard industry practice for regulated brokers. Even though WWF claims CySEC regulation, the consistent negative feedback and high risk designation make me extremely cautious. Given all this, I cannot provide a trustworthy average time for successful withdrawals to a bank account or e-wallet. Personally, I would not risk substantial funds based on these uncertainties. I strongly advise conducting deep due diligence and considering all exposure reports before making any financial commitments with WWF.
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FX3125782471
Vietnam
I cannot access the app anymore. My current balance was 92091 USDT. They didn’t allow withdrawals. Be careful with scammers.
Exposure
朱婉菁
Taiwan
At the beginning, someone recommended me to use. After operate for several times, I found that the cash can be withdrawn, but then after participating in the bonus activity, things followed one after another and the withdrawal was rejected. At the end , I was told that someone else deposit 4000 and suspected money laundering and required a margin of 4000USDT. The customer service said that it can be paid in batches. When I paid the 1665USDT and needed to pay the remaining amount, I couldn't contact the customer service anymore. I realized that my money might not be available to withdraw...
Exposure
FX3125782471
Vietnam
This guy induced me to invest in this WWF app. After a few successful withdrawals with a small amount, I have deposited a total of 66954 USDT, but after making profit of more than 28000 USDT, the app blocked withdrawal and asked me to pay 20% tax. I asked for proof of tax payment, but customer service replied very crookedly and now they have frozen my account. The current balance is 92091 USDT. Be careful with the person with the nick in the photo and this scam app! #WWFscam, #WWF, #scam #romancescam
Exposure
Kaung Khant Aung
New Zealand
I was initially impressed with Wise Wolves Finance and found their website to be professional and informative. However, I came across a few negative reviews from people claiming to have been scammed by them, which left me feeling skeptical. While I have not personally invested with Wise Wolves Finance, the mixed reviews and lack of clear information about their regulatory status have left me hesitant to do so.
Positive
FX1369279165
United Kingdom
I received an ad for WWF on social media, claiming to be a reliable company. What I saw, however, was accusations made by many victims against it. fraud company! I would definitely not invest here.
Positive
FX2211981857
Taiwan
At the beginning, my friend introduced me to this and then told me that there was a bonus activity, but I did not have enough money that time so my friend deposit 1,600 dollars for me. After that, my account could not be withdrawn. After asking the customer service, he said that it was considered as malicious money laundering due to deposit by other people and ask me to make up the money. After completing the amount, it is also impossible to withdraw cash. I wans Informed that the account was temporarily frozen because of malicious money laundering and 10% margins fee of the deposit is required. After the payment is completed, the withdrawal is successful but not received. After inquiring, the customer service said that it is required to pay late fee due to the crowded Taiwan channel. Then, they gave me a line of BRC and said that it was a representative of the Banking Regulatory Commission in Taiwan. After the contact, they said that I need to pay 20% of the deposit for margin and another 5% for tax. I didn’t receive anything after finishing that. I asked the person of BRC and he gave me a phone number from the Financial Supervision and Administration Commission and said that he had arranged a withdrawal. If I did not receive it, I should contact Chen. The phone number is real but there is no more response when I asked his extension and his full name.
Exposure
FX3125782471
Vietnam
I have loaded into this scam application totaling nearly 67000 USDT and all withdrawals have been rejected. Don't be fooled by this app! ! ! I will post until I get my money back! ! ! ! !
Exposure
FX1855511657
Vietnam
I was lured into this scam by a Chinese. After several successful withdrawals, I was persuaded to put all my money into this fake application. This guy even insisted that I should use a credit card, borrow money from friends and so on, throwing everything into this. I lost to these scammers because they rejected all my withdrawal requests due to not paying taxes even if it was never mentioned anywhere. They said that taxes can only be paid by deposit. Now they just closed the chat with my customer service. They just want to steal your money, don't be fooled!
Exposure
honey91688
Philippines
THIS WWF PLATFORM TURN ME INTO HELL ! it’s a fake! & customer service cannot be contacted anymore, someone introduced me about this platform , & believing me that this platform for short term investment , suddenly now shut down, my fund cannot be withdrawn because customers services asking me to recharge it before withdrawal process , but I won’t do it because why I need to do that , this is not supposed the platform rules.
Exposure
rj99412
Taiwan
He was talking with you every day for two weeks will let you take your guard down and think that you have met true love. In the middle of knowing that you are disgusted with investment, you will not take the initiative to mention it. After two weeks, he will tell you not to save money stupidly for future investment. This is the first time he gives you a taste of the sweetness. The second time 150,000 your funds go in is the beginning of falling into hell. The recharge activity starts to ask you to recharge. After recharging to 600,000, you still can’t withdraw, saying that you need to get 600,000 to get promoted. Only gold members can withdraw cash. After arriving, I want to withdraw the full amount. I said that the amount is too high and I need to pay 240,000 yuan to the China Banking Regulatory Commission before I can get back the full amount. The other party will continue to instigate me to go to the bank during this period. Loan, credit card, borrow money from family members, etc., he will also tell you that he helped you borrow the money to help you recharge it, but these are just his methods to make you feel that he is living and dying with you. In fact, he wants you to take out more. At the end I said that he had no money and he was impatient and hung up. So far I can no longer contact people, and my reputation has dropped to the bottom.
Exposure
rj99412
Taiwan
To induce recharge activities, you must complete the recharge before you can withdraw it. After you complete the recharge, it says that there is no cash flow and you can't withdraw it. You need to continue the recharge before you can be promoted to a membership without restrictions. After you are promoted to a membership, you say that because the amount is too large, you need to pay a notary fee before you can recover the money again. The content time is short, It will take several days to raise funds to complete the impossible task.
Exposure