Is Wizetrade a Scam or a Legit Software Trading Package
WFHR EditorLast updated: November 28, 2024
Can you make decent money trading with this software suite, Wizetrade, or is it another scam? There’s so much buzz around this trading software we reveal the real truth behind Wizetrade in this review.
What is Wizetrade?
WizeTrade (4x Made Easy) is a software suite that helps people make money by trading Stocks, Commodities, Options, and Forex.
- Name: Wizetrade
- Owners: George Thompson & GlobalTec Solutions
- Price: $150 per month (comes with a 7-day free trial)
They have been around for almost 20 years, which definitely didn’t happen just by chance. If you happen to do a Google search, you’ll find a mixed bag of reviews (mostly negative) for the product.
Nevertheless, the company has been going strong and has stood the test of time. The suite was once priced at around $5000, now introduced at a much more affordable monthly price of $150.
The Process – How Does It Work?
The software works similarly to other trading software, where you would buy/sell in the event of a green or red light.
The software claims to make your life much easier, but that’s not true at all. All it does is show trading charts, real-time data, and useful indicators, which you would use while trading in the live market. Trading, however, is very risky, and if you don’t know what you’re doing, it’s very easy to lose money in the process.
Many WizeTrade users say the software is just like any other free alternative the brokers provide. If you consider that, this might be something you’d rather want to stay away from.
Taking an educated guess, using the software is still very risky (if you don’t know how to day trade manually). It’s only recommended if you know the ins and outs of trading and take time to perfect the skill.
What Others Are Saying
The software has many complaints across the internet. Some say it doesn’t work, some were charged even after canceling their membership, and some call it an ugly scam.
However, all of them mentioned that the support isn’t good enough and isn’t worth the money. We can somewhat agree there are way better ways to spend your hard-earned money, and you’re better off saving $150 here. Here’s one of the critical reviews:
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Is Wize Trade a Scam?
The WizeTrade software isn’t your best bet if you’re relatively new to day trading, but it provides some handy tools you will use in your trades.
At best, it helps you make an uneducated guess, which can go wrong if you’re a beginner at trading. Wizetrade is not a scam, but it’s still something you should stay away from.
Most people new to making money online are beginners, and this is not the ideal choice for them. In addition, this trading software suite has hundreds of complaints, and this is definitely something we can’t recommend to our readers.
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