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Abstract: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!
With a global reach, WikiFX is a regulatory query platform for forex brokers, having scrutinized and evaluated over 48,000 brokers while maintaining close collaboration with more than 30 national regulators. For a deeper understanding of the security and credibility of your chosen brokers, we encourage you to visit www.wikifx.com or download our free app from Google Play or the App Store.
TigerWits official website is https://www.tigerwit.com/.
Our WikiFX database states that TigerWit has a fairly low WikiScore of 2.08, meaning it is not a reliable broker.
TigerWit LLC is registered in Saint Vincent and the Grenadines under company registration number 181LLC2019. TigerWit claims that it is regulated by the Financial Conduct Authority (FCA), Securities Commission of the Bahamas (SCB), Securities and Futures Commission (SFC) and the Australian Securities and Investment Commissions (ASIC). However, WikiFX discovered that both SFC and ASIC licenses had been revoked.
WikiFX also has a specialized field survey team that pays visits to the physical premises of brokers to verify the legitimacy of their addresses. Upon visiting TigerWit, we found that TigerWit's office does not exist at its registered address in the United Kingdom. In fact, the registered address is a residential building instead of a commercial one, where most financial institutions are usually located.
Types of accounts:
TigerWit offers 4 different types of accounts:
Deposit and withdrawal methods:
TigerWit provides various deposit and withdrawal methods, as displayed below:
Trading platforms:
TigerWit offers the renowned and well-known MetaTrader4 trading platform. This platform includes a wide range of technical and fundamental analytical capabilities. Additionally, it provides immediate access to live price feeds, enabling 24/7 trading from any location.
Expert Advisors (EAs) are another automatic trading method the platform supports. It is accessible on several platforms, including computers, web browsers, Android, and iOS.
Customer Service:
TigerWit provides 24/5 customer service via email at customerservice@tigerwit.com. The company provides no other contact information. WikiFX would recommend our users opt for a broker that offers an online chat service to ensure that users can obtain assistance and support promptly.
Exposure:
The biggest issue WikiFX has seen with TigerWit is an increasingly alarming amount of complaints regarding withdrawal issues. Visit the Exposure page on WikiFXs site to see more relevant cases: https://www.wikifx.com/en/exposure/exposure/0001171237.html.
In summary, WikiFX does not recommend TigerWit to our users. There are a lot more reliable options to choose from using our free mobile application or on our website, www.wikifx.com. Therefore, there is no need to put your hard-earned money at risk with such a risky broker.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Modern markets are revolutionized by automated trading systems, which now execute 70-85% of all transactions. These advanced automated trading software solutions, commonly called trading robots or Expert Advisors (EAs), leverage algorithmic precision for automatic trading across forex, stocks, and commodities 24/7. By removing emotional interference and executing trades in microseconds, auto forex trading platforms create fair opportunities for all market participants. For those new to automated trading for beginners, these systems provide disciplined, backtested strategies while significantly reducing manual effort.
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