The BCSC issues a warning against CGWISE (https://cgwise.com) On July 3th, 2024, the British Columbia Securities Commission (BCSC) issued a warning against CGWISE, believing that CGWISE is not registered to trade in, or advise on, securities or derivatives in BC. You may visit : https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/cgwise.

BrokersView has Reviewed that CGWISE is an Unregulated Broker CGWISE claims to be a investment broker, offering wide range of financial services, including Crypto, Stocks, Forex, Commodities, Indices and more instruments in global markets. But it does not give information about his country of origin. A company that offers financial services must give an address and have a financial license in the country where it is located. According to its contact number, it is located in the UK. Upon investigation, we found that CGWise is not regulated by the United Kingdom Financial Conduct Authority (FCA).And the British Columbia Securities Commission (BCSC) issued a warning that CGWISE was providing financial services or products without authorization in British Columbia (BC).The truth is that CGWise is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.CGWise is a scam.

Can I trade with CGWise? No, we strongly advise you to stay away from CGWISE.CGWISE's website doesn't ensure transparency. The contact details suggest that CGWISE operates out of the UK, but our research indicates that it lacks regulation by the Financial Conduct Authority (FCA) of the United Kingdom.Furthermore, the British Columbia Securities Commission (BCSC) has issued a warning and alerted the public that CGWISE has been offering financial services or products in British Columbia (BC) without proper authorization.Since CGWISE is not overseen by any financial regulatory bodies, entrusting it with or allowing it to manage investors' funds is risky. To have a safer trading environment, it is highly recommended to stay away from unregulated brokers like CGWISE and instead choose fully regulated ones. View Source