Wealthengine

Sam35

1-2 years

Which trading platforms are offered by Wealthengine? Do they support MT4, MT5, or cTrader?

WikiFX Reply

As a seasoned forex trader, I always begin my broker assessments with a thorough regulatory check and careful attention to actual user experiences. With Wealthengine, I very quickly noticed several critical issues that raised major red flags for me. Foremost, there is no clear, trustworthy information indicating support for industry-standard trading platforms like MT4, MT5, or cTrader. This absence is concerning—any reputable broker usually highlights such features openly, as these platforms are widely preferred for their transparency, reliability, and established track records. What I encountered instead were numerous, highly alarming user reports alleging that Wealthengine repeatedly froze funds, blocked withdrawals, and ultimately went offline after soliciting additional deposits promising to "unfreeze" user assets. In my experience, legitimate brokers with proper licensing and oversight do not hide their platform offerings or engage in patterns like restricting access and demanding extra payments in this way. For me, the inability to find evidence of established trading platform support, combined with the overwhelming complaints and risk notices, is a decisive reason to avoid engaging with this broker altogether. Personally, I would never trade with a broker that fails to be transparent about core aspects like supported trading platforms. The potential risks to both funds and personal data are simply too great in such an uncertain environment.

Broker Issues

Wealthengine

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08-30

United States

Abu00saeed

1-2 years

Is it possible to trade particular assets such as Gold (XAU/USD) and Crude Oil using Wealthengine?

WikiFX Reply

Speaking as someone who relies on thorough due diligence before using any broker, I would exercise extreme caution with Wealthengine, especially regarding access to trading particular assets such as Gold (XAU/USD) and Crude Oil. Based on my review of the available data, Wealthengine does not have any verified or transparent regulatory status; in fact, multiple warning signs suggest serious risk. Their regulatory licensing has been flagged as suspicious and even revoked in Australia. Furthermore, the platform is repeatedly described by users as having frozen accounts, halted withdrawals, and then shut down entirely, leaving clients unable to access their money. There are widespread reports of user funds being locked after requests for additional deposits, followed by the disappearance of the platform altogether. I find little credible evidence that Wealthengine legitimately offered trading in major commodity assets like gold or crude oil—nor can I verify that positions in such assets would have ever been honored if profits were made. For me, a fundamental prerequisite for trading sensitive instruments like XAU/USD or oil is the broker’s transparency, clear asset lists, and proven regulatory oversight—all of which Wealthengine appears to lack. In summary, it is neither safe nor realistic to expect secure trading—or any genuine access—to assets like gold or oil through Wealthengine. The overwhelming risk of loss and history of unresolved complaints make this platform entirely unsuitable for any asset trading, let alone high-value instruments.

Broker Issues

Wealthengine

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07-17

United States

tabawan_dreamer

1-2 years

Which types of trading instruments does Wealthengine offer, such as forex, stocks, indices, cryptocurrencies, or commodities?

WikiFX Reply

Based on my thorough investigation and personal experience as an active trader, I found it extremely difficult to verify exactly which trading instruments Wealthengine offers. Unlike most legitimate brokers that clearly publish their instrument lists—forex, stocks, indices, cryptocurrencies, or commodities—Wealthengine provides no transparent information on their official platform or in the available documentation. For me, this is an immediate red flag, as a trustworthy broker should always be clear about what products are accessible so traders can make informed decisions and manage their risk accordingly. What really solidified my cautious stance was the extensive negative feedback from real users, many detailing substantial losses, frozen accounts, and lack of basic platform transparency. Not only was there no mention of instrument availability, but the suspicions around their revoked regulatory status raise further concerns regarding whether they ever genuinely offered regulated access to financial instruments. In my view and based on the evidence, I could not confirm that Wealthengine reliably provides access to forex, stocks, indices, cryptocurrencies, or commodities. As a trader, I personally would avoid any broker where the basics—such as a clear, verifiable range of trading instruments—are not fully transparent. In my experience, this level of ambiguity poses unacceptable risk.

Broker Issues

Wealthengine

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06-16

United States

QM Trader

1-2 years

Does Wealthengine offer a swap-free Islamic account option for its traders?

WikiFX Reply

From my experience and after a thorough review of available data, I have found no reliable or verifiable indication that Wealthengine offers a swap-free Islamic account option for its traders. What stands out immediately is the total absence of basic transparency and regulatory legitimacy; the platform operates without recognized supervision, its appointed representative status in Australia has been revoked, and its business license verification remains highly questionable. These are immediate red flags for anyone valuing safety and compliance in their trading environment. Further, all credible platforms offering specialized account types like swap-free Islamic accounts typically publicize these features to attract and inform prospective clients. In contrast, Wealthengine’s lack of clear, accessible information on account types—including Islamic account provisions—raises a significant concern. My personal view is that any broker unable or unwilling to explicitly state its account features, particularly in the context of overwhelmingly negative user experiences and reports of inaccessible funds, should be avoided for any trading purpose. For me, trust begins with transparency, and Wealthengine fails this basic test. Without comprehensive, official details, I would not risk trading on this platform, let alone expect compliant Islamic account options.

Broker Issues

Wealthengine

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04-10

United States