Wolves Trade FX has been flagged by Commodity Futures Trading Commission for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Wolves Trade FX said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Excellent charting|Regular updates
Cons: Research section could be deeper|No phone support on weekends
I invested $1,000 with Wolves Trade FX after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Commodity Futures Trading Commission.
Pros: Initially responsive customer service
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
I have been trying to close my account with Wolves Trade FX for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: API access|No hidden fees|Competitive fees|High security standards
Cons: Some tools only available on higher tiers|Wait times can be long during peak hours
The so-called education at Wolves Trade FX is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for over three years thinking they would help me learn.
Pros: Multi-device support|Clean UI|Good analytical tools
Cons: Wait times can be long during peak hours
I was about to invest with Wolves Trade FX but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commodity Futures Trading Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
I opened an account with Wolves Trade FX for just over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Dedicated account manager|Economic calendar|Social trading features
Cons: Email notifications too frequent