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

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Wealthengine
Platform
Account
Leverage
Instruments
07-17
United States
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.

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