At first sight, Wilton Option’s website appears to be quite impressive. It is a cutting-edge Swiss forex and CFD broker that provides exceptional trading conditions and simple access to a wide range of trading instruments, including forex pairs, commodities, indices, shares, bonds, and virtual currencies, all from a single user-friendly platform.
Nevertheless, if you look deeper, you will immediately see that what you are working with is a nearly unknown website lacking any reputation whatsoever and a legitimate forex license, and on top of that, it blatantly bears all the telltale signs of a scam imaginable. For whatever reason, you should reconsider and read a complete Wilton Option review, and you’ll see that not all things are as good as they appear. We’re going to expose a scammer.
Wilton Option Review – Regulation
Wilton Option claims to be located in Zurich, Switzerland, and the website can be found at http://wiltonoption.com/, although it is highly unlikely given the fact that they are not subject to local law’s requirement that they be governed by the Swiss Financial Market Supervisory Authority (FINMA). Wilton Option is unregulated everywhere, which should be more than enough to persuade you that you are dealing with a clear-cut scam.
Trading Account
In reality, Wilton Option just offers a basic web-based platform, despite advertising some sophisticated and user-friendly desktop and mobile trading systems.
Remember that another telltale sign that you are dealing with fraud is the lack of any tried-and-true trading platforms, such as the industry norms MetaTrader4 and MetaTrader5.
Deposit And Withdrawal Methods And Fees
Although Wilton Option supports payments via VISA, Mastercard, Bitcoin, and other crypto currency, the reality that we are dealing with unregulated con artists remains unaffected.
The minimum deposit requirement is reportedly simply 250 EUR, which is around the amount that the majority of forex brokers would demand anyway.
How does Wilton Option Scam Work?
Scammers use many tricks in order to give you the idea that you are earning money easily and rapidly, fraudsters frequently send you some returns first. They can acquire your trust in this way. To extract as much money as they can from you, they frequently ask you to make more investments or to recruit family members and friends to do the same.
They will suspend or close your account when they believe you are unable to invest any more money in the fraud, and you won’t likely hear from them again. In order to appear trustworthy in the eyes of potential customers, many scam companies falsely state that they are headquartered in a regulated jurisdiction by using fictitious locations and regulation licenses.
How to keep yourself safe from scam brokers?
- Do good research about the broker. Go through reviews and pick a broker with positive reviews. A conventional web search can give experiences into whether negative remarks could simply be a disappointed broker or something more serious.
- Ensure the reviews do not contain anything negative about the broker’s withdrawal process.
- If you are happy with your examination on a specific broker, then trade for a while first, and afterward attempt to make a withdrawal.
- If you face some issues, discuss them with your broker. If it doesn’t go well, file a complaint and share your experience online with everyone.
Is Wilton Option broker Legit or a scam: Conclusion
It is clear from the Wilton Option review that this broker is not right for trading. We unequivocally encourage all traders and investors to keep away from Wilton Option and similar brokers. If you really want to trade online, find a broker who is regulated and has trusted and positive reviews.
Scammed by Wilton Option? Scam Helpers can help
If you are a victim of the Wilton Option scam, or other scams like the forex scam, cryptocurrency scam, binary scam, etc., file a complaint here to get your funds back. Scam Helpers can process your complaint and help you in fund recovery. We should begin and determine the matter before the harm is considerably greater. Your one step can save you and other people from being cheated by such brokers.
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