TradesWiser Review

About TradesWiser

TradesWiser operates under the trading name “TradesWiser” and lists its address as 1 Ropemaker Street, EC2Y 9HT, The City of London. The corporate entity behind it is identified as BiggerData Limited, purportedly based in Hong Kong. There is no record of regulation or licensing with the UK’s Financial Conduct Authority (FCA) or Hong Kong’s Securities and Futures Commission (SFC) ().

The UK’s Financial Conduct Authority issued a warning on August 18, 2023, stating that TradesWiser (trading as “Trades‑Wiser” / tradeswiser.com) may be providing financial services or products without proper authorization ().

No official information is available regarding the classes of assets offered, trading platforms, account types, minimum deposit, spreads, leverage, base currencies, swap‑free accounts, hedging, scalping, or EA usage. Third‑party sources suggest a minimum deposit of US $250 and mention an unspecified WebTrader platform, but these details are not confirmed by any regulator or official registry ().

Pros and cons

Pros

• None—information is unverified and lacks regulatory backing.

Cons

• Not authorized or regulated by any recognized financial authority such as the FCA, ASIC, CySEC, SFC, or others ().
• Received an unauthorized services warning from the UK FCA dated August 18, 2023 ().
• Absence of confirmed operating infrastructure such as segregated client accounts, negative‑balance protection, or investor compensation schemes ().
• All claims regarding trading instruments, platforms, or conditions remain unverified by primary sources.