Brokers  /  WTM

WTM

Severe riskForex / CFD broker
🇬🇧 United Kingdom · 5-10 years · since 2019-10-23 · Wealth Trading Market
Unregulated
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot/5
Forex Peace Army/5
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No sign that WTM actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration108%
Transparency (site/info/social)7510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameWealth Trading Market
Headquarters🇬🇧 United Kingdom
Founded2019-10-23
Years operating5-10 years
Employees0
Official websitewtmfx.net
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

WTM operates without any regulatory oversight, and its official website is inaccessible, making independent verification impossible. The conflicting registration dates and lack of public information contribute to a high-risk profile. In FXCanary's assessment, this broker is unsuitable for any trader who prioritises regulatory protection or transparency.

Not for
  • Risk-averse traders
  • Traders seeking regulated brokers
  • Those requiring transparent information
Period:
What users complain about
Where reviewers are from
Argentina1
Peru1

Real user reviews

Where WTM operates

Based on its licenses and complaint records.

🇦🇷 Argentina 1 complaint
🇵🇪 Peru 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About WTM

Overview

WTM is a trading platform registered in the United Kingdom, with an official domain of wtmfx.net. The company was founded on 23 October 2019, though conflicting information suggests an operational history dating back to 1994. The broker's website is currently inaccessible, making independent verification of its offerings impossible.

As of the time of this review, WTM does not hold any regulatory licence from a recognised financial authority. This absence of regulation is a significant factor for traders to consider when evaluating the platform.

Background and Registration

WTM is registered as a corporate entity in the United Kingdom, a jurisdiction that hosts many financial service firms. However, UK registration alone does not imply financial oversight; companies must be authorised by the Financial Conduct Authority (FCA) to offer regulated financial services. WTM is not listed on the FCA register, confirming its lack of authorisation.

The founding date of 23 October 2019 is on record, but the broker's own marketing material reportedly claims a history dating to 1994. Without access to the official website, we cannot reconcile these two dates. The discrepancy itself raises questions about the transparency of the firm's background.

Regulatory Status

WTM is currently not regulated by any financial authority. Our records indicate it is not authorised by the NFA (National Futures Association), and no other regulatory body is listed for this entity. The broker's official website is inaccessible, which prevents us from reviewing any regulatory claims it might have made.

For traders, the absence of regulation means that there is no external oversight of the broker's operations, no guarantee of client fund segregation, and no recourse to a compensation scheme in the event of a dispute. This places WTM in the high-risk category for retail investors.

Platform and Services

According to limited information, WTM presents itself as a trading platform offering forex and possibly CFDs. However, with the website offline, we cannot confirm the specific trading instruments, account types, or platforms (e.g., MetaTrader 4/5 or proprietary software) that might be available.

No information is available on minimum deposits, leverage, spreads, or funding methods. Traders should be aware that the lack of accessible information severely hampers any due diligence effort.

Target Audience

Given its unregulated status and the inaccessibility of its website, WTM does not appear to target a specific segment of traders actively. Typically, unregulated brokers may appeal to traders seeking high leverage or lenient trading conditions, but this comes with significant risk.

Without any verifiable details, we cannot determine whether WTM aims at beginner traders, professionals, or institutional clients. The information vacuum itself serves as a red flag for cautious investors.

Overview compiled by FXCanary from regulatory records and public data. full WTM review