Wiseprofits Broker Review – Is Wiseprofits.biz a Safe or Scam?
The broker Wiseprofits is one of those platforms that should make your mind think twice before investing in it. It has a very bad reputation as a consequence of its questionable activities, which include financial misconduct, scammed money recovery issues, and serious withdrawal problems. This review will reveal the reasons behind labeling this broker a potential scam, as well as the necessity of regulatory supervision in the financial field.
In a thorough report, we discovered very serious concerns with Wiseprofits Broker, so let’s look into the details.
Why Has Wiseprofits Broker Been Blacklisted?
About Wiseprofits
Website – http://wiseprofits.biz/
Address – 64 Rue du Dessous des Berges, 75013, Paris, France
Regulatory Warning – Ontario Securities Commission (Ontario) – (OSC)
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Common Financial Scams in 2025
Scam brokers continue to evolve, using various tactics to deceive traders:
1. Forex Trading Scams
Forex trading scams involve fake brokers, Ponzi schemes, and misleading offers of trading signals to lure investors into their traps.
2. Dating/Romance Scams
Romance scams involve fraudsters establishing fictional relationships on the internet to win the trust and money of the people. They frequently request monetary assistance or investment in fraudulent projects.
3. Fund Recovery Scams
Fund recovery scams target victims of previous frauds, falsely promising to recover lost money for a fee. Scammers disappear after collecting payments, leaving victims at a double loss.
4. Clone Brokers
These are scam platforms that imitate legitimate brokers to steal investor funds, often blocking withdrawals. Wiseprofits may be functioning as a clone or unlicensed broker, contributing to the rise in scammed money recovery cases.
5. Offshore Unregulated Brokers
These brokers generally operate without oversight, making withdrawals difficult and offering no investor protection. Wiseprofits fits this profile, being linked to crypto scams and unregulated trading operations.
How to Recover Lost Funds from Wiseprofits Broker
If wiseprofits.biz Broker denies withdrawals:
- Contact Support – Request a written explanation and save all communication.
- File a Complaint – Report the broker to financial regulators.
- Initiate a Chargeback – If payments were made through the bank or credit card, file a chargeback.
- Report the Scam – Share one’s own experience on a scam-reporting platform to save others.
If you’re trying to recover money from a scammer, acting quickly and keeping evidence is essential.
FAQs About Wiseprofits Broker
1. Is Wiseprofits Broker a legit trading platform?
No, the site is blacklisted by financial regulators and has many complaints of fraud and withdrawal scandals. It has hallmarks of currency trading scams and forex trading scams.
2. Why am I unable to withdraw my money from wiseprofits.biz Broker?
Fraudulent brokers will typically use different means of illegal action to apply the brakes on withdrawal such as overly inflated fees or indefinite delay of requests.
3. Can I get the funds back from Wiseprofits Broker?
Though difficult, scam money recovery is possible through chargebacks, legal actions, and professional assistance. Services that specialize in scammed money recovery, like Report Scam, can improve your chances.
4. How can I determine whether a broker is regulated?
Always check the accuracy of the broker’s license through the official website of the financial regulator before investing your money.
About Report Scam – Your Partner in Fund Recovery
If you are a victim of Wiseprofits Broker, Report Scam can assist. We specialize in recovering money from scammers, whether it’s forex trading scams, currency trading scams, or crypto scams. Our team of expert investigators offers legal guidance and dedicated support to help you reclaim your funds.
Don’t let the scam go unreported. Take the first step toward scam money recovery — contact us today.
Read about Chargebacks
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