TL;DR
Wolves Trades — operating via wolves-trades.com and social accounts such as @wolvestradesfx — presents itself as a forex and crypto trading broker with “AI-backed profits.”
On October 31 2025, the UK Financial Conduct Authority (FCA) issued a consumer warning confirming Wolves Trades is not authorized to offer investment services in the UK.
Victims describe lost deposits, copied trading dashboards, and endless withdrawal delays.
Verdict: Wolves Trades is a high-risk clone broker. Avoid and document any financial contact immediately, then consult Melmac Solutions immediately.
Scammed by Wolves Trades? Take Action Immediately.
If Wolves Trades has blocked withdrawals or seized your funds, time is critical. Fill out the form below and our experts will launch a rapid wallet trace to track where your crypto was moved — and help stop further losses.
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Overview: Who They Are and What They Claim
Wolves Trades Ltd. advertises “AI-driven forex and crypto trading with guaranteed 20 % monthly gains.”
It lists a London address and fake FCA registration number to build credibility.
However, the FCA warning confirms Wolves Trades is neither authorized nor affiliated with any legitimate UK broker.
Official source: FCA Warning — Wolves Trades (Oct 31 2025)
Key Features or Offerings
- Forex & crypto trading accounts (min $250 deposit)
“AI Portfolio” autotrading promises of 10–20 % monthly ROI
“Pro Trader Mentorships” with fabricated advisor profiles
Deposits via crypto and unregulated payment processors
“Instant withdrawals” that never materialize
Red Flags & Warning Indicators
- ❌ FCA consumer warning for unauthorized activities
❌ No verified registration number in FCA database
❌ Duplicate content from other flagged brokers (e.g., Finex Pro clone)
❌ Unverifiable AI strategy claims
❌ High-pressure WhatsApp solicitation using “account managers”
Real User Reviews & Online Reputation
“They showed profits every day but froze my account when I tried to withdraw.” — Trustpilot review, Oct 2025
“After I asked for a refund, they said I’d breached a ‘trading bonus agreement’.” — Reddit r/CryptoScams user comment
Average reported losses range from £800 to £10 000 per victim.
Melmac Expert Opinion
Our forensic team linked Wolves Trades’ IP cluster to other known UK-targeted broker scams using identical dashboards and unregistered payment gateways.
The pattern matches a clone-broker network that fabricates withdrawal screenshots to build trust.
Victims should compile TXIDs, bank references, and correspondence, then launch a trace via Melmac’s Free Asset Trace
Safer Alternatives
For legitimate guidance and case assessment:
Immediate Actions & Recovery Pathway
- Gather Proof: emails, TXIDs, chat logs.
Report: submit case to FCA and your bank/card provider.
Trace: begin recovery via Free Asset Trace
FAQs
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Is Wolves Trades legit?
No. FCA confirms it is unauthorized to offer financial services in the UK.
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Can I recover money lost to Wolves Trades?
Possibly — start a trace with Melmac to analyze asset flows and payment rails.
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Why do clone brokers use fake licenses?
They copy legit broker details to build trust with unsuspecting investors.
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What to do if they contact me again?
Block and report messages as phishing attempts.
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Where to check if a broker is regulated?
Search the FCA register or consult our Crypto Recovery Guide
Sources
- FCA Consumer Warning — Wolves Trades (Oct 31 2025)
- Trustpilot & Reddit r/CryptoScams threads (Nov 2025)
