Ws Investment Co. is a forex and CFD trading broker claiming to offer various financial products and services. However, there is a growing body of evidence that suggests that Ws Investment Co. is a scam broker.
Company Overview
Ws Investment Co. is a relatively old broker, having been founded in 1978. The company is registered in the USA. Ws Investment Co. has no licenses or regulations from reputable financial authorities.
Team
The team behind Ws Investment Co. is quite old. They mentioned that their team members are quite experienced and according to their website, their team members are qualified, but we did not find any qualification details about them
Services or Products
Ws Investment Co. claims to offer a variety of financial products and services, including forex trading, CFD trading, and binary options trading. However, the company’s website does not provide any detailed information about these products or services. This is another red flag, as legitimate brokers should be clear and transparent about their offerings.
License and Regulations
Ws Investment Co. is not licensed or regulated by any reputable financial authorities. They mentioned that they are based in the USA, but we did not find any regulation from the SEC or FINRA.
Why Dealing With An Unlicensed Broker Is Risky?
There are several reasons why it is risky to deal with an unlicensed broker. First, unlicensed brokers are not subject to any oversight or regulation. This means that they can operate with impunity and there is no one to protect you if you lose money.
Second, unlicensed brokers often use deceptive practices to lure investors in. They may make false promises about their returns or use high-pressure sales tactics.
Third, unlicensed brokers may simply disappear with your money. There is no guarantee that you will ever get your money back if you invest with an unlicensed broker.
Legal Warning Against Ws Investment Co.
The Financial Conduct Authority (FCA) in the UK has issued a warning against Ws Investment Co., stating that the company is not authorized to provide financial services in the UK. The FCA has also warned investors that Ws Investment Co. may be a scam.
You also can go through our other scammer lists such as the SEC Blacklisted Companies, FCA Unauthorised Firms List, ASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.
Client Feedback
There are a number of negative reviews about Ws Investment Co. online. These reviews allege that the company is a scam and that investors have lost money.
One reviewer on Trustpilot said, “I invested with Ws Investment Co. and I lost all of my money. They are a scam and I would never recommend them to anyone.”
Another reviewer on Forexpeacearmy said, “I was contacted by a representative from Ws Investment Co. who promised me high returns on my investment. I deposited money with them but I never saw any profits. When I tried to withdraw my money, they refused to give it to me. I believe that Ws Investment Co. is a scam.”
Feedback About Their Trading
The trading platform offered by Ws Investment Co. is not user-friendly and it is difficult to make trades. The spreads are also high, which means that you will lose money on every trade.
Feedback About Their Customer Service
The customer service offered by Ws Investment Co. is poor. Representatives are often unresponsive and they are not helpful in resolving customer issues.
How Can “Reviews Advice” Help You If You Get Scammed?
If you have been scammed by Ws Investment Co. or any other broker, you can contact “Reviews Advice” for help. “Reviewsadvice” is a company that specializes in helping investors who have been scammed. They can help you to recover your lost money and to take legal action against the scammers.
Final Thought
Ws Investment Co. is a scam broker that should be avoided. If you are considering investing with Ws Investment Co., we urge you to reconsider. There are many legitimate brokers out there that offer safe and secure trading. Do your research and choose a broker that is regulated by a reputable financial authority.
We hope this article was helpful. If you have any questions, please feel free to ask.