Question: Is Whaleclub regulated or licensed? Is it a safe exchange to make a deposit my money in?
Notice
This FAQ has ended its release period. Please check Whaleclub's latest information and campaign on Whaleclub's company introduction page.
Whaleclub - What's now?
We are no longer promoting Whaleclub. The information regarding to Whaleclub on the website 'Hercules.Finance' maybe outdated. ref. Whaleclub
Whaleclub isn’t regulated or licensed by any regulatory authorities currently yet. (September 2017)
The company was founded in Hong Kong in 2016.
Now they have achieved to acquire over 15k traders registered from over 190 countries according to the official website.
Whaleclub is a Cryptocurrency exchange where you can also trade FX, CFDs, Metals, Energies and Bonds.
We can say that regulated brokers and exchanges are more compensating and better in terms of your fund safety, although we cannot comment on the broker’s reliability and credibility yet as the service has just started not so long ago.