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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

TigerWit

United Kingdom United Kingdom | 5-10 years |
Stoppage of Business | Suspicious Regulatory License | Suspicious Scope of Business | Australia Common Business Registration Revoked | Suspicious Overrun | High potential risk

https://uk.tigerwit.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Sri Lanka Sri Lanka 2.54
Surpassed 16.10% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

customerservice@tigerwit.com
https://uk.tigerwit.com/
Sea Sky Lane, Sandyport, Nassau, Bahamas
https://facebook.com/TigerWit-218027155670274/
The WikiFX Score of this broker is reduced because of too many complaints!
Keywords 8
Stoppage of Business
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Australia Common Business Registration Revoked
Hong Kong Leveraged foreign exchange trading Revoked
Suspicious Overrun
High potential risk
Warning: Low score, please stay away!
  • This broker bas been verified to be stoppage of business, and it has been listed in WikiFX's Stoppage of Business list. Please be aware of the risk!
10
Many chen

Many chen

Unverified

Taiwan

I saw on the Internet that Mr. Lu had a stock investment community. After joining the group, everyone in the group was making profits through PO. I asked the administrator. He told me to copy his trade in forex MT5 and keep it confidential. Because they have inside information and cannot disclose it to others. They told with confidence. Others were making money but I was losing money, and then I found out it was a scam.

Exposure

由頁

由頁

Unverified

Hong Kong

TigerWit, unable to withdraw money, later changed its name to ArgoFX. The account can be logged in directly, but all the accounts were cleared, the customer service logged out, and there was no response to the email.

Exposure

FX3306923192

FX3306923192

Unverified

Hong Kong

TiggerWit has suspended its business and has been claiming that it has been attacked by hackers, causing the platform to be transferred to ArgoFX, and original users need to migrate to the new system. However, after the system transfer, you need to recharge before you can withdraw money, and you have to withdraw money in batches. In addition, there is no clear explanation for the customer losses caused by the system crash, and the customer service WeChat has logged out. The new system ArgoFX is the same platform as the old system, and they just changed their names to continue to deceive people. In this incident, as far as I know, my friend lost nearly 3 million. If the police station doesn't register a case, I will expose it through the media. All investment friends, please stay away. Currently, ArgoFX has many problems such as lagging, slippage, abnormal price, lack of platform experience, and the possibility to run away at any time.

Exposure

梦境63925

梦境63925

Unverified

Hong Kong

Is anyone still using the argofx platform? I see that there are still many people trading on this platform! How is this platform?

Neutral

Neutral

Busopy

Busopy

Unverified

Belarus

TigerWit hits the mark with its accessible minimum deposit and a range of account types to suit different traders. It's a platform that's easy to get into and grow with, making it a great choice for anyone looking to trade.

Positive

Positive

王女士

王女士

Unverified

Hong Kong

TigerWit cannot be opened, and the withdrawal application has been under review. Funds cannot be transferred to the new platform, and customer service has not responded!

Exposure

木用易

木用易

Unverified

Hong Kong

The hope of normal operation of the platform is getting slimmer. I just checked the customer service WeChat and it has been logged out. I don’t know if any of your customer service staff still responds.

Exposure

不一样的烟火82201

不一样的烟火82201

Unverified

Hong Kong

Unable to contact customer service, no response when withdrawing. . .

Exposure

求稳

求稳

Unverified

Hong Kong

It's terrible. When I logged in to the platform yesterday, all orders were liquidated and all previous trade records were cleared. When I logged in today, the equity was zero.

Exposure

木用易

木用易

Unverified

Hong Kong

I just logged in to the platform and found that my position was forcibly closed, but I still cannot withdraw cash. There is no customer service contact.

Exposure

不一样的烟火82201

不一样的烟火82201

Unverified

Hong Kong

The platform can't withdraw. The customer service I contact before has already unemployed. There was no respond from customer service. We can make it clear if there was a issue. I have traded on this platform for 5 years. Now It has gone with any notice?

Exposure

求稳

求稳

Unverified

Hong Kong

The quotation has not moved, but the overnight fee is charged every day, waiting to be liquidated, is there anyone in charge, blame me for trusting the salesman too much, saying that there must be no problem with the platform for so long, and only depositing money for a few months the way.

Exposure

钢铁战士

钢铁战士

Unverified

Hong Kong

The app has also been changed, and cash withdrawals are still stuck in review. Customer service will be maintained by British customer service on Skye. I asked British customer service and they said I have to queue up for cash withdrawals.

Exposure

瑞风7321

瑞风7321

Unverified

Hong Kong

I can’t get in touch and can’t withdraw money. The notice says it’s a system failure. Does anyone know what to do?

Exposure

风神2553

风神2553

Unverified

Hong Kong

At 9:50 on July 12, I deposited 1444 yuan. The platform suddenly crashed and I forgot to click on paid. The deposit has not arrived in the account, and the customer service cannot be contacted.

Exposure

白7411

白7411

Unverified

Hong Kong

TigerWit was unable to withdraw funds, and we have been waiting for a long time without any response. Customer service has not responded to messages. I hope the relevant departments can solve this problem.

Exposure

倒霉熊

倒霉熊

Unverified

Hong Kong

I have been using this platform for two years but haven’t used it much for half a year. I used it again three months ago, and there was no problem with withdrawing funds from my account, but it ran away suddenly.

Exposure

MIUI

MIUI

Unverified

Hong Kong

I hope you can help me get my money back. It’s 5,000 US dollars. Now the withdrawal has been under review in the past few days. Did it run away?

Exposure

叫我就不应

叫我就不应

Unverified

Hong Kong

It has been a week since I received an email saying that the account net value was calculated and the withdrawal was arranged according to the agreement.

Exposure

笑晓

笑晓

Unverified

Hong Kong

The kindlestick is not updated, and the platform that has been used for 7 years suddenly cannot be used[d83d][de12]

Exposure

191
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Total Margin Trend

VPS Region User Products Closing time
Shanghai Shanghai 905*** GBPUSD400 08-22 04:53:52
Washington Washington 372*** USDCHF400 08-22 04:53:53
Seoul Seoul 533*** USDCHF400 08-17 18:13:05

Stop Out

1.56%

Stop Out Symbol Distribution

6 months

Sources
Language
Mkt. Analysis
Creatives

Website

  • Hong Kong tigerwit.tech
    118.193.35.90
  • China tigerwit.com
    101.132.136.194

Genealogy

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Relevant Enterprises

TigerWit (Hong Kong) Limited(Hong Kong)
Hong Kong
TigerWit (Hong Kong) Limited(Hong Kong)
Active
Hong Kong
Registration No.
2771023
Established
TIGERWIT TECHNOLOGY PTY. LIMITED(Australia)
Australia
TIGERWIT TECHNOLOGY PTY. LIMITED(Australia)
Deregistered
Australia
Registration No.
614234687
Established

Company Summary

Note: TigerWit's official website - https://uk.tigerwit.com/ is currently inaccessible normal.

TigerWit Review Summary
Founded2015
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsFX, precious metals, commodities, indices
Demo Account($10,000 in virtual funds)
LeverageUp to 1:400
SpreadVariable
Trading PlatformMT4
Min Deposit$50
Customer SupportLive chat, contact form
Tel: +1 (786) 867-0911
Email: customerservice@tigerwit.com
Facebook, LinkedIn, Twitter, YouTube, Instagram

TigerWit is an unregulated online trading platform founded in 2015 and registered in the United Kingdom. TigerWit claims to provide trading on the well-known MT4 platform in FX, precious metals, commodities, and indices. TigerWit says to have no authority or licensing to provide forex trading or brokerage services in the United Kingdom or any other jurisdictions.

TigerWit's homepage

Pros and Cons

ProsCons
Diverse tradable assetsUnregulated status
Demo accountsSingle account type
Commission-free account offeredUnclear fee structure
Flexible leverage ratiosHigh minimum deposit
Tight spreads
MT4 supported
Low minimum deposit
Popular payment methods
Live chat support

Is TigerWit Legit?

No, TigerWit currently has no valid regulations. Please be aware of the risk!

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Hong Kong
Securities and Futures Commission of Hong Kong (SFC)RevokedTigerWit (Hong Kong) LimitedLeveraged foreign exchange tradingBOI171
Australia
Australia Securities & Investment Commission (ASIC)RevokedTIGERWIT TECHNOLOGY PTY. LIMITEDCommon Business Registration614234687
UK
Financial Conduct Authority (FCA)Suspicious CloneCalico Capital LimitedMarket Making(MM)679941
Bahamas
The Securities Commission of The Bahamas (SCB)Suspicious CloneTigerWit LimitedRetail Forex LicenseSIA-F185
Revoked SFC license
Revoked ASIC license
Suspicious clone FCA license
Suspicious clone SCB license

What Can I Trade on TigerWit?

Trading AssetAvailable
Forex
Precious Metals
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on TigerWit?

Leverage

TigerWit offers flexible leverage ratios of 1:100, 1:200, and 1:400. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Currency PairAvg Spread (points)
AUD/CAD2.4
AUD/CHF2.2
AUD/JPY2.3
AUD/NZD2.4
AUD/SGD3.0
AUD/USD1.9
Spread

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4iPhone, Android, PCBeginners
MT5/Experienced traders
MT4

Deposit and Withdrawal

Deposit

Deposit MethodMin Deposit
Bank transfer$100
Credit/debit cards$50
Neteller
Skrill
SafeCharge
China UnionPay

Withdrawal

Withdrawal MethodMin Withdrawal
Bank transfer$50
Credit/debit cards$20
Neteller
Skrill

Keywords

  • Stoppage of Business
  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Australia Common Business Registration Revoked
  • Hong Kong Leveraged foreign exchange trading Revoked
  • Suspicious Overrun
  • High potential risk

News

TigerWit: Where Traders Face Withdrawal Denials, Forced Liquidations & Other Trading Scams

Exposure TigerWit: Where Traders Face Withdrawal Denials, Forced Liquidations & Other Trading Scams

Have you been constantly denied fund withdrawal access by a UK-based forex broker, i.e., TigerWit? Faced forced liquidations of your forex positions and been made to bear losses? Is the experience of the customer support service not even a base level? These are investment scam indications. Due to these illegal activities, the broker has faced a massive wrath from traders on review platforms. In this article, we will let you see their comments. Keep reading!

TigerWit Undergoes Transformation to Calico Capital: Here's What Traders Need to Know

News TigerWit Undergoes Transformation to Calico Capital: Here's What Traders Need to Know

London's TigerWit rebrands to Calico Capital post FCA-licensed sale. Traders urged to stay vigilant amid offshore concerns.

TigerWit is Not Witty!!

Exposure TigerWit is Not Witty!!

In today's comprehensive review, WikiFX will delve into the details of TigerWit, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use it. Keep reading to find out more!

WIKIFX REPORT: TigerWit Africa trains 840 Nigerians in financial market

News WIKIFX REPORT: TigerWit Africa trains 840 Nigerians in financial market

TigerWit Africa, a brokerage company that sells Forex, has trained over 840 Nigerians in a two-week session in Port-Harcourt, the capital of Rivers State, in an effort to narrow the knowledge gap in the financial industry.

Wiki Q&A

WoodCrusher
WoodCrusher
1-2 years

What payment methods does TigerWit support?

WikiFX
WikiFX Reply

TigerWit supports a wide range of payment methods, including credit/debit cards, bank transfers, Neteller, Skrill, SafeCharge, and China UnionPay. This variety of options makes it easier for traders to deposit or withdraw funds according to their preferences. From my perspective, it’s a good thing that TigerWit provides a selection of payment methods, but it’s also important to verify which options are available in your specific region, as availability can vary. Additionally, considering the fees and processing times associated with each method is essential to ensure that you choose the most efficient one for your needs. I’ve seen TigerWit reviews often mentioning the flexibility in payment methods, though it’s always wise to confirm each method’s availability and costs.

Broker Issues
TigerWit
TigerWit
Withdrawal
Deposit
08-16
United States
JV1s24K_g0ld
JV1s24K_g0ld
1-2 years

Is TigerWit regulated?

WikiFX
WikiFX Reply

TigerWit is not currently regulated, which raises significant concerns for traders. While it previously held licenses from the Securities and Futures Commission of Hong Kong (SFC) and the Australian Securities and Investments Commission (ASIC), both of these licenses have been revoked. Additionally, its regulatory status with the UK’s Financial Conduct Authority (FCA) and the Securities Commission of The Bahamas (SCB) is unverified. This lack of regulatory oversight means that TigerWit cannot guarantee the safety of your funds or the fairness of its trading environment. As per my view, trading with an unregulated platform like TigerWit presents considerable risk, as there is no guarantee that your funds will be protected or that the platform adheres to strict industry standards. Therefore, when reading any TigerWit review, it’s crucial to consider these regulatory shortcomings.

Broker Issues
TigerWit
TigerWit
Regulation
07-29
United States
Allan777
Allan777
1-2 years

How long does TigerWit withdrawal take?

WikiFX
WikiFX Reply

TigerWit’s withdrawal times vary depending on the payment method. While the exact processing time is not clearly outlined, based on my experience with other platforms, credit/debit card withdrawals typically take around 3 to 5 business days, while bank transfers can take even longer. This is relatively standard for many brokers, but I would personally prefer a more detailed estimate of withdrawal times from TigerWit. Faster processing times are always a plus, especially when you need quick access to your funds. Given that withdrawal times can also vary depending on the region and payment method, I’d suggest keeping this in mind when planning your trades. Many TigerWit reviews reflect that slow withdrawal times could be a disadvantage for those in need of quicker access to their capital.

Broker Issues
TigerWit
TigerWit
Withdrawal
Deposit
07-18
United States
x1250
x1250
1-2 years

What is the minimum deposit in TigerWit?

WikiFX
WikiFX Reply

The minimum deposit at TigerWit is $50 when using credit/debit cards or online payment methods like Neteller or Skrill. However, for bank transfers, the minimum deposit jumps to $100. Personally, I find the $50 minimum deposit for cards fairly reasonable, making it accessible for traders with smaller budgets. However, the $100 minimum for bank transfers is a bit high, and it may deter some traders from making deposits via this method. When choosing a broker, it’s important to consider how the minimum deposit aligns with your trading goals, as this initial investment can impact your overall trading strategy. If you check out TigerWit reviews, you might find that the minimum deposit is one of the more common points of discussion.

Broker Issues
TigerWit
TigerWit
Deposit
Withdrawal
05-07
United States
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