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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

WTMFX

New Zealand New Zealand | 5-10 years |
Scam Brokers | Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

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Website

Rating Index

Contact

4000031899
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license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile
Scam Brokers
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
This platform is a Ponzi Scheme. Please stay away!
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
5

Basic Information

Registered Region
New Zealand
Operating Period
5-10 years
Company Name
WATERMAN MARKET LIMITED
Abbreviation
WTMFX
Employees
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Company Website
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QQ
2769159969,3520177013
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • wtm-fx.com
    157.119.93.202
    Server Location
    Hong Kong Hong Kong
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
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    Website Name
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    Company
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Review summary

WTMFX, operating as WATERMAN MARKET LIMITED, is a broker registered in New Zealand with a reported operational history of 5-10 years. According to WikiFX data, the broker's business scope is listed as suspicious. Its overall WikiFX Score is 1.61, which reflects a severely negative assessment. The broker's claimed licenses, including an unverified Securities Asset Management registration with New Zealand's Financial Service Providers Register and a Credit & Financing License with the UK's FCA, both remain unverified by our records and do not constitute authoritative forex trading oversight. In essence, this entity holds no valid, verified licenses for forex brokerage from major international financial regulators. This represents a significant risk profile for traders, as the absence of credible regulatory supervision exposes clients to a complete lack of financial recourse. Potential investors are therefore advised to exercise a high degree of caution and conduct thorough independent due diligence. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-14)

Company Profile

  • Scam Brokers
  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is WTMFX safe and reliable?

According to WikiFX data, WTMFX is not considered a safe or reliable broker for forex trading. It holds an overall WikiFX Score of 1.61, which reflects a severely negative assessment. The broker's business scope is listed as suspicious, and it lacks any verified, credible regulatory licenses for forex brokerage. The absence of recognized oversight means client funds operate without the protections of financial compensation schemes, representing a significant risk to potential investors.

Yesterday 02:42
United States

Is WTMFX regulated?

WTMFX holds no verified regulatory licenses for forex trading. WikiFX records show two claimed licenses: a Securities Asset Management registration with New Zealand's Financial Service Providers Register (FSPR) and a Credit & Financing License with the UK's Financial Conduct Authority (FCA). Both licenses are marked as 'Unverified' and pertain to financial services categories that do not authorize or oversee forex brokerage activities. Therefore, the entity operates without legitimate forex trading oversight.

Yesterday 02:42
United States

What is the minimum deposit of WTMFX?

Specific minimum deposit requirements for WTMFX are not publicly disclosed. This lack of transparency regarding fundamental account terms is a notable concern for traders evaluating the broker.

Yesterday 02:42
United States

Does WTMFX support MT4 or MT5?

According to WikiFX assessment, WTMFX's trading software profile is not clearly established. There is no verifiable information confirming support for the industry-standard MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which is atypical for a broker claiming to serve retail forex traders.

Yesterday 02:42
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
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