Work From Home Best Trading GIG is a Contract for Difference (CFD) broker, officially registered on July 15, 2023. This broker offers users a wide range of trading markets through trading platforms such as MT4, MT5, and cTrader, including Forex, commodities, indices, bonds, cryptocurrencies, stocks, and futures. It does not provide services to jurisdictions where doing so would contravene local laws or regulations.
Corporate Registration Information and Regulatory Status:
Public information on the Work From Home Best Trading GIG official website (wfhbesttradinggig.com) indicates that the broker is regulated by the Financial Services Authority (FSA) in San Diego, California, with a securities dealer license number of SD018. However, clicking on the “Regulation” tab on their website redirects to a “Why Wfhbesttradinggig” page, where the broker's name is presented as “Wealth For Homes Best Trading.”
In fact, there is no Financial Services Authority (FSA) in San Diego, California. Upon verification, it was found that Work From Home Best Trading GIG has appropriated IC Markets' regulatory information from the Seychelles Financial Services Authority (FSA), where IC Markets is registered as Raw Trading Ltd, with license number SD018.
Opening an Account:
To open an account with Work From Home Best Trading GIG: Visit the broker's homepage, click on “Sign up” in the top right corner of the page, enter personal information such as name, email address, and set up a login password. After submitting, the account registration is successful.
Trading Programs:
Work From Home Best Trading GIG offers users three different types of trading schemes: Start Up Plan, Re-Investment Plan, Big Earners Plan.
Start Up Plan:
- Trading period: 7 days
- Minimum investment: $300
- Maximum investment: $25,000
Re-Investment Plan:
- Trading period: 7 days
- Minimum investment: $25,000
- Maximum investment: $49,999
Big Earners Plan:
- Trading period: 1 month
- Minimum investment: $5,000
- Maximum investment: Unlimited
Trading Platforms:
Work From Home Best Trading GIG claims to provide trading platforms such as MT4, MT5, and cTrader. However, it does not offer any download links for these platforms, nor can a broker named Work From Home Best Trading GIG be found on these platforms.
Deposits and Withdrawals:
Work From Home Best Trading GIG supports deposits and withdrawals through credit/debit cards, electronic wallets, and bank transfers.
Conclusion:
Traderknows reminds investors that Work From Home Best Trading GIG is actually a fraudulent website that plagiarizes IC Markets, a legitimate broker, and operates a scam. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "scam" on Traderknows.
