Wolves Trades has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Wolves Trades offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: API access|Stable platform|Real-time alerts
Cons: Would like more payment methods
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 Trades said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Regular updates|Dividend tracking
Cons: Minimum deposit could be lower
Wolves Trades has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Fast execution|Clean UI|Segregated accounts
Cons: No live chat on mobile|Desktop app not available on Linux
After using Wolves Trades since mid-2025, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Real-time alerts|Good analytical tools
Cons: Inactivity fee applies after 12 months
I referred a friend to Wolves Trades while looking for alternatives to my previous provider. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Demo account available|Professional team
Cons: Desktop app not available on Linux