BEWARE OF AND AVOID THIS OUTFIT
Wisechain is not registered with the Financial Conduct Authority, and not regulated by them, whatever they may state on their websites.
This means that they are not permitted to offer to UK citizens a trading platform in stocks and shares/ not permitted to operate a brokerage in stocks and shares to UK citizens.
Nor is Wisechain registered with the Cyprus Government's Registrar of Companies, whatever they may state on their websites.
Nor is it registered at Companies House.
If you see an advert showing what purports to be Martin Lewis CBE, extolling the virtues of Wisechain then you should know that it is a clever impersonation of Martin Lewis, impersonating the voice and the image, both of them synchronised.
Martin Lewis is the financial advisor who presents a TV series on ITV1 in prime time, and he would never recommend Wisechain.
I was foolishly drawn into depositing £ 250 with Wisechain, although for some reason my payment went to something called Whiteroad, which I assumed at the time to be part of Wisechain.
I discovered much later that Whiteroad was completely different, selling training packages.
Following my payment I received emails welcoming me to Wisechain, and promising advice on investing.
Later I sent an email asking for advice on what investments to make. I was told in a phone call from someone purporting to be from Wisechain, that I needed to increase my deposit/ increase the balance on my account to $1300 before starting to trade.
I informed them I did not wish to increase my deposit, and asked them in an email to return my deposit, to return the balance of my account. I made it clear, by email, to which bank account the deposit should be returned, which was the account from which the deposit was made.
There had been various phone calls from several different individuals claiming to be from Wisechain, telling me to increase my investment.
The calls all came from different phone numbers, and when I called back to each number, none of the people at the other end of the line had ever heard of Wisechain. It seems as though their phone numbers had been hijacked and used in some way, a practice used by scammers and fraudsters.
There are very few reviews of Wisechain on Trustpilot, and I believe that all the good reviews are fake.
No money has been returned to me.



