Score
TigerWit
United Kingdom|5-10 years| https://uk.tigerwit.com/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
United States 3.05Contact
Single Core
1G
40G
1M*ADSL
- This broker bas been verified to be stoppage of business, and it has been listed in WikiFX's Stoppage of Business list. Please be aware of the risk!
Basic information
United Kingdom
Stoppage of Business 5-10 years Suspicious Regulatory License Suspicious Scope of Business Australia Common Business Registration Revoked Hong Kong Leveraged foreign exchange trading Revoked Suspicious Overrun High potential riskUsers who viewed TigerWit also viewed..
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- 10-15 years |
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Total Margin Trend
| VPS Region | User | Products | Closing time |
|---|---|---|---|
 HoChiMinh | 283*** | GBPUSD400 | 08-22 04:53:52 |
 Hongkong | 853*** | USDCHF400 | 08-22 04:53:53 |
 London | 477*** | USDCHF400 | 08-17 18:13:05 |
Stop Out
1.18%
Stop Out Symbol Distribution
6 months
Sources
Language
Mkt. Analysis
Creatives
WikiResearchWebsite
tigerwit.tech
Server Location
Hong Kong
Website Domain Name
tigerwit.tech
Server IP
118.193.35.90
-
tigerwit.com
Server Location
China
Website Domain Name
tigerwit.com
ICP registration
京ICP备16013582号-2
Website
GRS-WHOIS.HICHINA.COM
Company
HICHINA ZHICHENG TECHNOLOGY LTD.
Domain Effective Date
0001-01-01
Server IP
101.132.136.194
Company Summary
| Tigerwit | Basic Information |
| Registered Country/Region | United Kingdom |
| Founded in | 2015 |
| Regulated | Yes |
| Regulators | FCA, CySEC |
| Tradable Assets | Forex, Cryptocurrencies, Commodities, Indices |
| Minimum Deposit | $50 |
| Account Types | Standard |
| Demo Account | Yes |
| Islamic Account | Yes |
| Leverage | 1:30 (retail clients), 1:400 (Professional Clients) |
| Spreads | From 0.6 pips |
| Payment Methods | Credit/debit card, Bank transfer, e-wallets |
| Withdrawal Methods | Credit/debit card, Bank transfer, e-wallets |
| Trading Platforms | WebTrader, Mobile App |
| Customer Support | Phone, Email, Live chat |
| Education | Trading Academy, Webinars |
| Additional Features | Copy Trading, Partnership Program |
Overview of TigerWit
TigerWit is a UK-based online brokerage firm that provides trading services for forex, indices, commodities, and cryptocurrencies. It was established in 2015 and operates under the authorization and regulation of the Financial Conduct Authority (FCA) in the UK. TigerWit's main focus is to provide clients with access to reliable and secure trading platforms, competitive pricing, and a range of trading tools and resources to help them make informed trading decisions. The company prides itself on its technological innovation, including the integration of artificial intelligence and blockchain technology into its trading platforms.
Is tigerwit legit or a scam？
TigerWit is a legitimate online trading platform that is regulated by several financial authorities, including the FCA and ASIC. However, like many brokers, it has received some negative feedback and complaints from customers regarding issues such as withdrawals and customer support. It is important to thoroughly research and understand any potential risks before trading with any broker, including TigerWit.
Pros & Cons
TigerWit is a global financial technology company that offers online trading services for various financial instruments, including forex, stocks, commodities, and indices. The company is known for its innovative trading platform that combines social trading, advanced analytics, and cutting-edge technology to provide a seamless and efficient trading experience. TigerWit also offers a range of educational resources and tools to help traders improve their skills and stay up-to-date with the latest market trends. However, as with any online trading platform, there are both pros and cons to using TigerWit, which are important to consider before making a decision to trade with them.
Here is a chart showing the pros and cons of TigerWit:
| Pros | Cons |
| User-friendly trading platforms | Limited product offerings compared to competitors |
| Copy-trading feature for novice traders | No MetaTrader 4 or 5 |
| Tight spreads on major currency pairs | Limited educational resources |
| No deposit or withdrawal fees | Limited customer support options |
| Regulated by top-tier financial authorities | No U.S. clients accepted |
| Low minimum deposit requirement | Limited account types offered |
Market Instruments
TigerWit provides access to a wide range of financial instruments across different asset classes. The market instruments available for trading with TigerWit include:
Forex: TigerWit offers trading on over 70 currency pairs, including majors, minors, and exotics.
Stocks: TigerWit offers trading on a selection of global stocks from popular exchanges such as the NYSE, NASDAQ, LSE, and HKSE.
Indices: TigerWit offers trading on a range of global indices, including the UK 100, US 500, Germany 30, and Hong Kong 50.
Commodities: TigerWit offers trading on a range of commodities such as Gold, Silver, Oil, and other energy commodities.
Cryptocurrencies: TigerWit offers trading on a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple.
Account Types
TigerWit offers two main account types for traders: a demo account and a live account. The demo account is designed for traders to practice and familiarize themselves with the trading platform and the markets without risking any real money. The demo account provides virtual funds for trading and access to real-time market data. It is a valuable tool for new traders who want to learn the ropes before investing real money.
The live account, on the other hand, allows traders to invest real money in the markets. TigerWit offers a simple and transparent pricing model with no commissions on trades, and competitive spreads starting from as low as 0.3 pips. The live account provides traders with access to a wide range of markets, including forex, commodities, indices, and cryptocurrencies.
Besides, TigerWit offers Muslim traders who follow Sharia law the option of converting a registered account into an Islamic Account.
| Pros | Cons |
| Demo account available for practice trading | Limited account types |
| Simple account opening process | No VIP or premium account |
| Low minimum deposit requirement | No Islamic account option |
| Leverage up to 1:30 for retail clients | No deposit bonuses or promotions |
| 24/7 customer support | No advanced account features or benefits |
How to open an account with Tigerwit？
To open an account with TigerWit, you can follow these steps:
Go to the TigerWit website and click on the “Open Account” button.
Fill out the registration form with your personal information, including your name, email, and phone number.
Select the account type you want to open (Demo or Live) and complete the account setup process.
Once your account is set up, you can fund it by depositing money using one of the available payment methods.
After you have funded your account, you can start trading on the TigerWit platform.
Leverage
TigerWit UK provides its clients with a maximum trading leverage of up to 30:1, which may vary depending on the product being traded. However, it is essential to note that higher leverage is exclusively available for those who are recognized as 'Professional' clients. In case you wish to explore the benefits of higher leverage, you may get in touch with TigerWit's customer service team by writing an email to customerservice@tigerwit.com to learn more about the eligibility criteria for upgrading your account to Professional status.
Spreads & Commissions (Trading Fees)
TigerWit offers variable spreads that depend on the asset being traded and the account type. The spreads for the EUR/USD currency pair on a standard account can range from 1.1 pips to 1.6 pips, while on the Pro account, the spread can be as low as 0.6 pips. The commission fee for the Pro account is £2.5 per side, while the standard account does not charge a commission fee.
For other instruments such as indices and commodities, the spreads can range from 0.3 pips to 20 pips depending on the asset and account type.
Here is the comparison of spreads for EUR/USD, GER30, and Gold on TigerWit, OANDA, and eToro:
| Asset | TigerWit | OANDA | eToro |
| EUR/USD | 1.2 pips | 0.9 pips | 0.6 pips |
| GER30 | 1.5 pips | 1.0 pips | 1.0 pips |
| Gold | 0.6 pips | 20 cents | 45 cents |
Non-Trading Fees
TigerWit doesn't charge any non-trading fees, such as account inactivity fees or deposit/withdrawal fees. However, it's always good practice to check with your payment provider or bank to see if they charge any fees on their end.
Trading Platforms
TigerWit offers the MetaTrader 4 (MT4) trading platform to its clients. MT4 is one of the most popular trading platforms in the world, with a user-friendly interface, a wide range of technical analysis tools, and the ability to support automated trading through the use of Expert Advisors (EAs).
The MT4 platform offered by TigerWit is available for download on desktop and mobile devices, making it easy for clients to access the platform wherever they are. The platform provides real-time quotes, advanced charting features, and a range of technical indicators to help traders analyze the markets and make informed trading decisions.
In addition to the MT4 platform, TigerWit also offers its own proprietary trading platform, called TigerWit Trading. This platform is designed to be user-friendly and intuitive, providing traders with the ability to trade a range of assets including forex, commodities, and indices. The TigerWit Trading platform is available for both desktop and mobile devices, allowing clients to trade on-the-go.
Here is a comparison chart for trading platforms offered by TigerWit and other platforms:
| Trading Platform | TigerWit | OANDA | eToro |
| Platform Type | Proprietary | Proprietary, MT4, MT5 | Proprietary |
| Desktop Version | Yes | Yes | Yes |
| Mobile Version | Yes | Yes | Yes |
| Web Version | Yes | Yes | Yes |
| Automated Trading | Yes | Yes | Yes |
| Charting | Advanced | Advanced | Advanced |
| Technical Indicators | 30+ | 50+ | 100+ |
| Custom Indicators | Yes | Yes | No |
| Backtesting | Yes | Yes | No |
| Programming Language | Proprietary | MQL4, MQL5 | Proprietary |
| Social Trading | No | No | Yes |
| Copy Trading | No | No | Yes |
| Trading Signals | Yes | Yes | Yes |
Tigewit Deposit & Withdrawal
TigerWit offers a variety of deposit and withdrawal options, including the following:
Deposit:
Bank transfer
Credit/debit cards
Neteller
Skrill
SafeCharge
China UnionPay
The minimum deposit amount varies depending on the payment method. For example, the minimum deposit amount for bank transfer is $100, while the minimum deposit amount for credit/debit cards, Neteller, Skrill, SafeCharge, and China UnionPay is $50.
Withdrawal:
Bank transfer
Credit/debit cards
Neteller
Skrill
The minimum withdrawal amount is $20 for all payment methods except for bank transfer, which has a minimum withdrawal amount of $50.
Tigewit Customer Support
Tigerwit's customer support team is readily available 24/5 to assist clients with any inquiries or concerns they may have. Clients can reach the support team via email, phone, or live chat.
Furthermore, TigerWit has a comprehensive FAQ section on its website that covers a wide range of topics such as account opening, trading, and payments, among others. Clients can browse through the section to find answers to common questions without having to contact customer support.
In addition, TigerWit provides multilingual support in various languages, including English, Chinese, and Arabic, among others. This enables clients from different parts of the world to communicate with the support team in their preferred language, which enhances their experience with the platform.
Tigewit Educational Resources
It appears that TigerWit offers limited educational resources. While they do not have a dedicated education section on their website, they provide some basic educational materials and trading guides for their clients.
They also have a blog section on their website, which includes articles on various topics related to trading, markets, and strategies. Additionally, TigerWit hosts webinars from time to time, which are available to their clients.
Conclusion
To wrap up, TigerWit is a UK-based online broker that provides trading services for various financial instruments, including forex, indices, and commodities. The company offers a user-friendly trading platform and competitive trading conditions, including tight spreads and low commissions. However, it is worth noting that TigerWit has received a significant number of negative reviews and complaints from its clients regarding its customer support and trading platform. Additionally, the lack of educational resources and limited account types may be a downside for some traders. As with any investment, it is important to carefully consider the risks and benefits before choosing a broker, and to conduct thorough research to ensure that the chosen broker meets one's individual trading needs and preferences.
FAQs
Q: What is TigerWit？
A: TigerWit is a global financial technology company that provides online trading services for Forex, commodities, and indices.
Q: Is TigerWit regulated？
A: Yes, TigerWit is regulated by the Financial Conduct Authority (FCA) in the UK and the Securities Commission of The Bahamas (SCB).
Q: What trading platforms does TigerWit offer？
A: TigerWit offers its proprietary trading platform, which is available on desktop and mobile devices. It also supports the popular MetaTrader 4 (MT4) platform.
Q: What is the minimum deposit required to open a live account with TigerWit？
A: The minimum deposit required to open a live account with TigerWit is $50.
Keywords
- Stoppage of Business
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Australia Common Business Registration Revoked
- Hong Kong Leveraged foreign exchange trading Revoked
- Suspicious Overrun
- High potential risk
News
News TigerWit Undergoes Transformation to Calico Capital: Here's What Traders Need to Know
London's TigerWit rebrands to Calico Capital post FCA-licensed sale. Traders urged to stay vigilant amid offshore concerns.
2023-09-06 17:04
Exposure TigerWit is Not Witty!!
In today's comprehensive review, WikiFX will delve into the details of TigerWit, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use it. Keep reading to find out more!
2023-08-25 17:34
News WIKIFX REPORT: TigerWit Africa trains 840 Nigerians in financial market
TigerWit Africa, a brokerage company that sells Forex, has trained over 840 Nigerians in a two-week session in Port-Harcourt, the capital of Rivers State, in an effort to narrow the knowledge gap in the financial industry.
2022-07-06 12:16
Review 191
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Review 191
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Many chen
Taiwan
I saw on the Internet that Mr. Lu had a stock investment community. After joining the group, everyone in the group was making profits through PO. I asked the administrator. He told me to copy his trade in forex MT5 and keep it confidential. Because they have inside information and cannot disclose it to others. They told with confidence. Others were making money but I was losing money, and then I found out it was a scam.
Exposure
05-06
由頁
Hong Kong
TigerWit, unable to withdraw money, later changed its name to ArgoFX. The account can be logged in directly, but all the accounts were cleared, the customer service logged out, and there was no response to the email.
Exposure
03-25
FX3306923192
Hong Kong
TiggerWit has suspended its business and has been claiming that it has been attacked by hackers, causing the platform to be transferred to ArgoFX, and original users need to migrate to the new system. However, after the system transfer, you need to recharge before you can withdraw money, and you have to withdraw money in batches. In addition, there is no clear explanation for the customer losses caused by the system crash, and the customer service WeChat has logged out. The new system ArgoFX is the same platform as the old system, and they just changed their names to continue to deceive people. In this incident, as far as I know, my friend lost nearly 3 million. If the police station doesn't register a case, I will expose it through the media. All investment friends, please stay away. Currently, ArgoFX has many problems such as lagging, slippage, abnormal price, lack of platform experience, and the possibility to run away at any time.
Exposure
2023-11-07
王女士
Hong Kong
TigerWit cannot be opened, and the withdrawal application has been under review. Funds cannot be transferred to the new platform, and customer service has not responded!
Exposure
2023-10-31
木用易
Hong Kong
The hope of normal operation of the platform is getting slimmer. I just checked the customer service WeChat and it has been logged out. I don’t know if any of your customer service staff still responds.
Exposure
2023-09-12
不一样的烟火82201
Hong Kong
Unable to contact customer service, no response when withdrawing. . .
Exposure
2023-09-07
求稳
Hong Kong
It's terrible. When I logged in to the platform yesterday, all orders were liquidated and all previous trade records were cleared. When I logged in today, the equity was zero.
Exposure
2023-09-07
木用易
Hong Kong
I just logged in to the platform and found that my position was forcibly closed, but I still cannot withdraw cash. There is no customer service contact.
Exposure
2023-09-05
钢铁战士
Hong Kong
The app has also been changed, and cash withdrawals are still stuck in review. Customer service will be maintained by British customer service on Skye. I asked British customer service and they said I have to queue up for cash withdrawals.
Exposure
2023-09-05
瑞风7321
Hong Kong
I can’t get in touch and can’t withdraw money. The notice says it’s a system failure. Does anyone know what to do?
Exposure
2023-09-02
风神2553
Hong Kong
At 9:50 on July 12, I deposited 1444 yuan. The platform suddenly crashed and I forgot to click on paid. The deposit has not arrived in the account, and the customer service cannot be contacted.
Exposure
2023-09-02
求稳
Hong Kong
The quotation has not moved, but the overnight fee is charged every day, waiting to be liquidated, is there anyone in charge, blame me for trusting the salesman too much, saying that there must be no problem with the platform for so long, and only depositing money for a few months the way.
Exposure
2023-09-05
白7411
Hong Kong
TigerWit was unable to withdraw funds, and we have been waiting for a long time without any response. Customer service has not responded to messages. I hope the relevant departments can solve this problem.
Exposure
2023-09-02
不一样的烟火82201
Hong Kong
The platform can't withdraw. The customer service I contact before has already unemployed. There was no respond from customer service. We can make it clear if there was a issue. I have traded on this platform for 5 years. Now It has gone with any notice?
Exposure
2023-09-05
倒霉熊
Hong Kong
I have been using this platform for two years but haven’t used it much for half a year. I used it again three months ago, and there was no problem with withdrawing funds from my account, but it ran away suddenly.
Exposure
2023-09-02
MIUI
Hong Kong
I hope you can help me get my money back. It’s 5,000 US dollars. Now the withdrawal has been under review in the past few days. Did it run away?
Exposure
2023-09-02
叫我就不应
Hong Kong
It has been a week since I received an email saying that the account net value was calculated and the withdrawal was arranged according to the agreement.
Exposure
2023-09-01
笑晓
Hong Kong
The kindlestick is not updated, and the platform that has been used for 7 years suddenly cannot be used[d83d][de12]
Exposure
2023-09-01
杜123
Hong Kong
The platform cannot allow to withdraw funds, and the customer service does not reply to the message. I hope the platform can help me get the funds back.
Exposure
2023-09-01
杨洋2247
Hong Kong
Two days ago, there was a sudden lack of liquidity, I couldn’t trade, I couldn’t sell the order, and I couldn’t withdraw the money. After I downloaded it again, I still couldn’t log in or connect to the network.
Exposure
2023-08-31