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Wonderinterest

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4.5
(14 Reviews)

Founded: 2014 Min Deposit: 250 USD

Headquarters: Limassol, Cyprus Max Lev: 1 : 30

Score
Business Scope
0.0
Trading Cost
4.6
Trading Platforms
5.2
Support
4.7
Licence Status
CySEC 307/16
Authorised
Contact
+357 25 056442
support@wonderinterest.com

Deposit and Withdrawal

4.8

Score

Company and Service

--

Score

Profile
Headquarters Address
Wonderinterest Trading Ltd, 176 Makariou III Avenue, Paschalis Court, Office 201, 3027, Limassol, Cyprus
Founded 2014
Credit Profile No information
Trading Platforms
MT5
iOS
Contact
No Data
Others
Website Language
English,  Slovak
Customer Service By
Phone,  Email,  Facebook,  LinkedIn
Supported Language
English,  Slovak

Overall Score

4.5
14 Reviews

Cost 4.6

Platforms 5.2

Deposit & Withdrawal 4.8

Customer Support 4.7

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14 Reviews Clear filter

Robert Petrik
0-6 months Standard Account Hungary
Shady broker! I have traded with WonderInterest for about 3 months when (after suffering losses of approximately $200,000) I decided to stop trading. At this point I officially asked them to send me back the remaining funds from my account, a bit more than US$122,000. They took over 5 days to start the proceedings to send my funds through Swissquote (a Swiss bank) where they apparently hold their funds. After about 2 weeks they called me to inform me that my bank (strangely) refused the transfer and sent my funds back to them. At this point I checked with my bank to ensure the Swift code and my bank account number was provided to WonderInterest properly with no mistakes whatsoever. I demanded that WonderInterest send my funds to me immediately. Up to date no bank transfer has ever taken over 4 business days from any part of the world to reach y bank account in Hungary. However, their Swiss bank has supposedly been sending my funds for over 6 banking days. They (WonderInterest) appears to hold onto my funds for unreasonably long which makes anyone suspicious about their fair business practices. Any time I sent them funds onto my account (at Swissquote), had never taken more than 3 banking days! When I asked WonderInterest (in writing) to trace their transfer as to see what stage it's at, they refused to properly cooperate with me, nor did they ask Swissquote to look where my funds are, therefore WonderInterest is indeed has proven to be a shady broker... Even a scam!
2024-09-02
Reply
Robert Petrik
0-6 months Standard Account Hungary
They "happened" to conveniently schedule the US-Coffee (commodity CFD) ROLLOVER for June 20, 2024 while the entire stock market was closed the day before! Of course the coffee 'stock price' went way high when they (conveniently) closed all trading possibilities for the entire day of their US-coffee rollover. Besides this, their fees are extraordinarily high.AVOID them as there are a whole lot of brokers that are much better in every aspect!They do their absolute best to get you to invest as much as possible as the "advisor" makes money every time you put in more money, not to mention the huge amounts on the spreads, swaps, opening & closing fees, to name a few.Their ONLY focus is on to get you to trade as much and as often as possible. They make huge amounts of money that way.I invested a bit over 316,000 USD and lost over 170,000 USD.Initially their sales rep LIED his way through his entire trades pitch, he only mentioned the 0.25% opening and closing commission while there are a whole lot more different types of fees… Not to mention that if you trade only a small amount, the minimum opening/closing fee is US$50, no matter what. Also, they charge you the SWAP on Wednesdays THREE-TIMES, they say to cover the weekend days – when the entire market is closed! Since when does anyone charge money for time not even worked???!!!!Super great manipulators, AVOID choosing them! STAY AWAY from these vultures!
2024-06-21
Reply
ondrej mencl
7-12 months Standard Account Czech Republic
My experience after 9 months of trading based on Wi traders' recommendations.I do not recommend the broker!!!! Wi themselves contacted me in August 2023 with an offer to open an account and trade. I was told that their trader would always recommend a trade and strategy. At the beginning of trading, I clearly stated that I would not deposit more than 5,000 EUR into the account. I understand that it's not much money, but from my side, it was a clear test volume.My experience with their service is as follows. The strategy is such that they try to manipulate you into a hedge position where you should stay as long as possible (their margins/swaps/open/close fees), which forms their profit. The broker has no interest in you making as much money as possible (nor do they care about your loss), but their primary interest is to keep you in "limbo" where nothing happens, only they earn on swaps. I myself lost 20% on swaps alone on one such trade (hedge - WTI). Throughout the whole period, I've had 5 different traders on the phone. From complete idiots who, when asked, "What stop-loss do you recommend?" would answer, "Don't set it, when it falls like this, we'll buy it back again," to jerks who would recommend buying at the maximum the account allows (NASDAQ - around 18,300, followed by a fall to around 17,000) right at a clear daily resistance.The communication with the last trader at the phone number (I don't remember the jerk's name) +357 25 00 8141 was tragic. As the first sentence at the first contact (after greeting Good day,), he told me that he's not interested in small accounts, he trades in millions of dollars. And what about me then? They called me? I didn't chase them anywhere. The entire communication in months was only about when I would send more money there and manipulation like "imagine if you put a position of 1000 lots, what would be the profit?"... their service simply doesn't make sense. If you are an experienced trader, then you don't need their service, and if you are an inexperienced trader (like me), then you just waste 5,000 EUR, which most people can do on their own anyway.So, in my opinion, this service is useless. Study, trade, and avoid these dummies on the phone. They will only manipulate you and live off your fees - Open/Close will cost you 1,000 CZK (40 EUR).Forget about Wonderinterest, no miracle will happen. You'll lose money.
2024-05-09
Reply
zikria Kronseder
Germany
No relevant contents at all, their guys called me crazily to make investments here, but I find out this broker is just a joke, a stupid liar trying to defraud clients
2023-09-19
Reply
Josh Howie
American Samoa
I have been using it for a year. Withdrawal is very fast and there are very few jams. It would be better if the stock index leverage could be higher.
2023-09-13
Reply
Leon Glavan
Gambia
I always thought the platform was pretty good, but after I made a withdrawal of US$800 from the platform, my bank card was frozen and they wouldn't let me resolve it. The police also gave me a clear reply and asked me to compensate for the money before unfreezing it. But... It was caused by the platform requesting me to withdraw money and transfer money. I didn’t reply to the email. Is there an official contact number?
2023-09-11
Reply
Fotia Afzaal
Gaithersburg
At present, I have worked on so many platforms, and there is almost no platform that is faster than making deposits and withdrawals. Of course, some people may say that I am a troll. I can only say that if you don’t believe it, you can try it. If you still don’t believe it, you don’t have to do it.
2023-09-07
Reply
Claudia Rogozhin
Austria
The garbage platform is too dark! The slippage is too serious, set a stop profit and stop loss, do not follow the stop loss position ☞ loss! Even if I contact customer service, they won't be able to resolve it. For your own benefit, everyone should stay away from black platforms.
2023-09-04
Reply
Chavdar Kassovitz
United Kingdom
This broker focuses more on big traders who are ready to invest at the start. i dont recommend retail traders to join too.
2023-08-30
Reply
Jan Wagdy
United States of America
This broker is having insufficient introduction of the company which makes me not trusting the broker enough to trade, sorry for that.
2023-08-28
Reply

1-10 of 14 comments

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