WISDOM Review: Regulation, Licences & Platforms
WISDOM is a forex and CFD broker operated by Wisdom Financial Services AU PTY LTD, based in Saint Lucia. The broker operates online through its website at wisdomtrade.com and provides access to trading via the MetaTrader 5 platform.
Regulation & licensing
WISDOM operates through multiple regulated entities across different jurisdictions.
In Australia, the broker is authorised by the Australia Securities & Investment Commission (ASIC) under licence number 235362, held by WISDOM FINANCIAL SERVICES AU PTY LTD.
In South Africa, it is authorised by the Financial Sector Conduct Authority (FSCA) under licence number 52544, held by WISDOM TRADE SA (PTY) LTD.
These licences correspond to separate legal entities registered in their respective countries.
Trading platforms
WISDOM offers MetaTrader 5, a platform used for trading a range of instruments and known for its charting tools and order-execution features.
Account types
The broker provides three account tiers:
- ELITE
- PRO
- STANDARD
Each account type is offered to accommodate different trader requirements.
Before opening an account, readers are encouraged to verify WISDOM’s licence details directly with the named regulators β ASIC in Australia and the FSCA in South Africa β to confirm current authorisation status.
Disclosure: This review may contain affiliate links. Commissions never influence our ratings β see our Editorial Standards. Trading CFDs involves substantial risk of loss.