Is Wooexonline a Legitimate or Scam Broker? Find out!
Wooexonline is a broker that offers the usual type of trading products, but there is very little information about it. We could not find any information about licensing, for instance. It is important to always check that a broker has a top-tier license before signing up for trading services. However, Wooexonline does not give potential clients very much to go on.
What Is the Issue with Wooexonline? Read the Following:
Wooexonline does not have any contact information, there is no clear indication of who runs it and it seems generic. A broker should be forthcoming with information and should provide plenty of information so potential clients can do research. The adage, “No news is good news” does not apply to researching financial services. In this case, the more details, the better.
There are plenty of regulated brokers with full transparency about who is behind the brokerage. There is no reason to choose a broker with so few disclosures and no indication of a license. We recommend trading with another broker.
Is Wooexonline a Scam Broker? Here Are Some Red Flags
- Not regulated
- No transparency
- No contact information
- Negative reviews
If You Have an Account with Wooexonline Broker
Close your account and ask for your money back. If you can’t get a withdrawal contact ReportScamOnline experts right away. We will consult with you and will guide you on the road to fund recovery. The ReportScamOnline team has combined decades of experience dealing with hundreds of financial institutions.