Score
Wizer
China|5-10 years| http://www.wizeras.com/default.aspx
Website
Rating Index
Contact
Licenses
Single Core
1G
40G
Contact number
61 297256066
Other ways of contact
Broker Information
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Wizer Capital
Wizer
China
Pyramid scheme complaint
Expose
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- This broker exceeds the business scope regulated by Australia ASIC(license number: 283073)Investment Advisory Licence Non-Forex License. Please be aware of the risk!
WikiFX Verification
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Wizer · Company Summary
Note: Wizer's official website: http://www.wizeras.com is currently inaccessible normally.
Wizer Information
Wizer was registered on Oct 16, 2023 by Longming Pte. Ltd. and offers its clients financial services including Funds Management, Debtor Finance and Private Equity.
The company can be only contacted via limited channels at email: wzr@nfn.onmicrosoft.com and telephone: 61 297256066.
Moreover, the company currently operates with under ASIC (Australia Securities & Investment Commission) exceeded status with license no. 283073, together with the inaccessible website, raises questions about its credibility and reliability.
Is Wizer Legit？
 | ASIC (Australia Securities & Investment Commission) |
| Current Status | Exceeded |
| Regulated by | Australia |
| License Type | Investment Advisory License |
| License No. | 283073 |
| Licensed Institution | WIZER CAPITAL LTD |
The broker currently holds an ASIC (Australia Securities & Investment Commission) Investment Advisory License with numner 283073. However, the licesence is exceeded, casting doubts about its regulatory compliance and legitimacy, which cannot be neglected by traders.
Downsides of Wizer
Unavailable website: Wizer's website cannot be opened currently, which makes traders without valid access to its services.
Lack of transparency: The unavailable website and limited info through internet about the company leave traders in the dark about its current operational status and trading conditions.
Regulatory concerns: The exceeded ASIC status indicates less customer protections and compliance to industry standards of the broker.
Report of fraud on WikiFX: A report of fraud activity on WikiFX saying that the company tried to induce customer with impossible lucarative profit promise, which should raise your highest attention for cautions.
Negative Wizer Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there was one piece of Wizer exposure in total as below:
Exposure. Fraud
| Classification | Induced fraud |
| Date | 2019-01-06 |
| Post Country | Hong Kong |
The user reported that a female staff from Wizer added her wechat and promised 100% profit which is nearly impossible in any investments. As expected, all her capitals were lost but the staff continued to lure her to add funds.
Conclusion
In conclusion, you will be posed at great risks to trade with Wizer. Its ASIC exceeded status raises doubts about its compliance and adherance to industry standards. Furthermore, the exposure of fraud makes us believe that the company is a scam. Last but not least, the dysfunctional official website of the company indicate that the company's operation might be ceased already.
As such, this broker is strongly not recommended, you should choose regulated alternatives who offers full transparency and reliable customer services.
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