TheWealthCore claims to be a Cyprus-based company while providing zero details about the trading license on its website, which is already a red flag for potential traders. Besides, it is not supervised by the Cyprus Securities and Exchange Commission (CySEC), the regulator that approves licenses for the brokers in the Cyprus, since BrokersView didn't find any information about its regulation from CySEC. So currently TheWealthCore is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
TheWealthCore claims to be a Cyprus-based company while providing zero details about the trading license on its website, which is already a red flag for potential traders. Besides, it is not supervised by the Cyprus Securities and Exchange Commission (CySEC), the regulator that approves licenses for the brokers in the Cyprus, since BrokersView didn't find any information about its regulation from CySEC. So currently TheWealthCore is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.