MountainWolf Review: Stay Away from This Broker

MountainWolf is as shady as it gets. The broker’s website lacks a lot of information such as address details, contact information, minimum deposit, and others. We did however manage to dig out that they are based in Kazakhstan, allegedly. 

As you can see, there is a lot to cover here. From complete anonymity to not holding any license or regulation, the only cool thing about this investment scam is their name.

So stick around and read this MountainWolf broker review to find all the details surrounding this scammer.

But before continuing, we encourage you to read our scam broker’s reviews about Glenrocks and Kiplar. Your money is in danger with them!

License and Regulations of MountainWolf

As we have mentioned, MountainWolf is completely anonymous. There is not much information about them on their website so we had to dig deep. 

MountainWolf is claiming to be a world-renowned crypto exchange broker that holds a lot of awards. Of course, that kind of claim needs to be checked and that’s exactly what we did.

We checked all the Tier 1 regulatory registrars and we weren’t able to find MountainWolf to be regulated anywhere.

Surprise, surprise, we saw that MountainWolf is not only unregulated but they also have a lot of warnings issued against them. Not one but three regulatory bodies have issued official warnings against them and those include FMA, CONSOB, and CNMV.

This is more than enough for you to know that you are dealing with an unregulated scammer. Also, watch out for Glenrocks broker, as they are also unregulated offshore companies.

Trading Platform Available at MountainWolf

Since there is nothing on the MountainWolf website, we also didn’t manage to find trading software either. Although the broker advertises their trading platform as an “easy trading tool,” we weren’t able to confirm that.

All in all, we are left in the dark when it comes to the trading platform and what kind it is. We do advise you to find a legitimate broker that offers both industry standards MetaTrader4 and MetaTrader5.

MountainWolf Account Types

Another shot in the dark when it comes to the trading account types that MountainWolf offers. Trust us when we say that there is nothing on their website. Usually, scam brokers at least put some different types of accounts with different minimum deposit requirements, but MountainWolf just decided not to do that.

And since there is no mention of trading account types, we also weren’t surprised that they also don’t offer any Demo account. This is a standard tactic many fraudulent brokers use since they want to push you to open a real account on the spot so they can take your money.

Deposit and Withdrawal Methods

MountainWolf doesn’t even have listed deposit methods. We managed to see them at the bottom of their website. Those funding methods include the following ones: 

• Visa or Master credit or debit card 
• Wire transfers 
• Crypto

Based on their own praise, they offer easy payouts through their all-in-one integration with leading payment processors. However, we are unable to confirm this.

As for the withdrawals, we can’t say anything about them, since again, there is no information.

Offshore Brokers Fraudulent Tactics

We already thoroughly covered this in our review of the scam broker named Kiplar. But, as you can probably guess by now, trading scams basically have the same principle that is being performed through different sites and by different agents.

The broker first gets your personal information if you have left it on some sketchy sites and then they will try to reach you either by email, but more likely by phone. Keep in mind that the agents calling you are persuasive professionals who scam people for a living, so you can’t just assume you will be immune to their stories. 

Even after you say no, they will continue to call you until you agree to make an initial deposit. Their end goal is to make you invest at least once, and after you may suspect they are no more than a scam the trap is fully shut and they will do anything to keep your money.  

MountainWolf Summary

In our thorough MountainWolf review, we tried our best to warn you against this scam broker and its fraudulent activities. Even though they allegedly offer their customers an opportunity to invest in crypto, we are sure no trading will take place on their non-existent platform.

Something as basic as the info about their account types or even minimum deposit is nowhere to be found on their website, which is a huge red flag.

On top of everything we already mentioned, MountainWolf has multiple warnings issued to them by some of the biggest regulatory bodies including CNMV, CONSOB and FMA.

We advise you to start trading with the recommended brokers we gave you so you don’t fall victim to lousy scams similar to MountainWolf. 

FAQs About MountainWolf Broker