TigerWit Review

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Tigerwit home page review

Review of Tigerwit homepage – clear emphasis on App, and expensive LFC partnership!

All trading involves risk. Only risk capital you're prepared to lose.

Had anyone heard or noticed TigerWit, before they popped up as a partner of Liverpool FC? Not us. Still this TigerWit review did uncover that the Market Maker broker has been around ten years already – quietly building their brand assets, copy trading system, licenses and blockchain-centric product.

Regulation

Tigerwit Logo

TigerWit has a decent set up. Initially with SFC Hong Kong regulation in 2010, under their Chinese ownership, TigerWit aquired Mercor Index in Januart 2018, buying themselves London-based assets and a FCA licensed brokerage.

Additionally, in Summer of 2017 they gained Bahamas licensing.

TigerWit is authorised and regulated by the Financial Conduct Authority (FRN 679941).
TigerWit Limited (Bahamas) is regulated by Securities Commission of The Bahamas (SCB), license number SIA-F185.

TigerWit and Liverpool FC

During September 2017 TigerWit raised $5M – and in order to raise the brand profile, in Q1 2018, TigerWit announced partnership with English Premier League team, Liverpool FC. If you’ve got it, spend it.

We understand that once “lock down” gets lifted and some sort of (new) normality returns, TigerWit will be pushing the brand and product offering into Middle East and Africa.

Tigerwit – a blockchain broker

TigerWit Products

TigerWit does not charge any commission – only spread. FX spreads are variable and from 0.6 pips. Overnight swaps and financing adjustments are applied to positions held overnight.

  • FX, precious metals, commodities and indices
  • Self-trading
  • copy-trading (TigerWit Global only)
  • Leverage up to 400:1 (TigerWit Global)
  • Leverage up to 30:1 (TigerWit UK)
  • Minimum USD50 account opening deposit
  • Trade from just 0.01 (mini) Lot.

Platforms

TigerWit review Trading App

TigerWt provides access to MT4 and their own trading App, which we have to say is rather stylish. The App focusses the brand on its central pillar of being “on” the blockchain, having developed a permissioned blockchain ledger (also known as a distributed trading ledger) using Hyperledger Fabric, an open-source software.

The TigerWit blockchain is accessible by TigerWit Live-account clients, partners and regulators. Transactions will be instantly and permanently recorded onto the blockchain (once necessary verification is received from permissioned members of the blockchain).

Once transactions are added to the blockchain, that data cannot be modified, only added to.

Users become an ‘ordinary’ member (a ‘node’ ) of the TigerWit blockchain with ‘viewing’ rights. Users and ordinary members can view transaction data as recorded onto the blockchain. Pretty neat, or overly nerdy. You decide.

Promotions

If you’re not in the UK you’re in luck – for many reasons – but mostly because if you opt for TigerWit you and possibly a BFF can enjoy a bonus. Invite friends, both sides receive cash bonuses in US dollars at the same time.

  1. Send Invitation Links to Friends
  2. Sign up by invitation link
  3. Download APP, deposit and trade
  4. Invite friends, both sides receive cash bonuses in US dollars at the same time

Copy Trading

If you enjoy social trading, that is to say sharing your trades to other people, or letting someone else make hard decisions for you, then TigerWit could be just right for you.

Want to Earn commission?

TigerWit Masters earn 20% of the value of successful trades made by followers. This amount is credited to the Master’s account automatically.

Want to Pay commission?

Followers pay 20% of the profit made by following a Master’s trade to the Master. Commission is deducted automatically.

Customer Support

TigerWit review on TrustPilot, scoring 4.2/5 stars – Great!