Wealthgreenfirm is a CFD broker with a website domain registered on October 20, 2023. This broker primarily provides investment services in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services in countries or regions where doing so might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
Wealthgreenfirm's website reveals that it was established in 2016 and claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose its corporate registration information or detailed regulatory information.
After verification, the Australian Securities and Investments Commission (ASIC) has no record of any regulated entity named "Wealthgreenfirm."
Therefore, Wealthgreenfirm is essentially a fraudulent brokerage website with no actual corporate entity or regulation.
Account Opening Process
The account opening process for Wealthgreenfirm trading accounts involves visiting the broker's website, clicking on "Open Account" on the homepage or "SIGN UP" at the top right of the page to access the account registration page, filling in personal information such as name and email, setting a password, and submitting it. Once the account is verified, registration is successful.
Trading Products
Wealthgreenfirm offers its clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without buying individual stocks. By exploring popular indices, traders can discover diverse trading opportunities and leverage to enhance potential returns.
- Commodities: Commodity trading covers key global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations and dividends of public companies based on performance without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts opportunities to profit from highly volatile assets.
Investment Plans
Wealthgreenfirm offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: $500
- Minimum Expected Profit: $3,500
- Maximum Expected Profit: $5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
CLASSIC ACCOUNT:
- Minimum Deposit: $5,000
- Minimum Expected Profit: $45,000
- Maximum Expected Profit: $50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profits
PLATINUM:
- Minimum Deposit: $10,000
- Minimum Expected Profit: $99,999
- Full Benefits
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals Daily
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payments Only
- Use Any Broker
Trading Platform
Wealthgreenfirm provides users with a self-developed trading platform. It claims an average order execution speed of less than 7.12 milliseconds, with more than 12,000 orders executed per second. However, clicking the provided download link shows the MT4 trading platform, where "Wealthgreenfirm" cannot be found.
Deposits and Withdrawals
Wealthgreenfirm supports deposits and withdrawals via credit/debit cards, bank wire transfers, and cryptocurrencies.
Conclusion
Traderknows reminds investors that Wealthgreenfirm is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
