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WALDORF Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

WALDORF Broker Review

1.60

WikiFX monitor

Business

Field Survey Danger

License

HKGX Suspicious Clone

WALDORF Review 1

Latest All(1) Exposure(1)

Exposure

The platform cheated clients of 500000 RMB by virtue market and manipulation.

I began to trade in February,2017.With recommendation, I handed my account to traders, while I haven been making losses for these 2 years, 500000 RMB in total.I called the police in October 2019 since the platform kept shirking on each other.All related staff including salesmen and teachers have deleted me.I have to call the police in HK and make an exposure in CGSE and Hong Kong Monetary Authority.My account was also blocked.It is a simply scam.

FX7854406352

2019-11-28

Waldorf 2025 Review: Everything You Need to Know

　　Waldorf, a forex broker operating under the name Waldorf Bullion, has garnered mixed reviews from users and experts alike. While some appreciate its offerings in precious metals trading and the use of popular trading platforms like MT4, others raise concerns about its regulatory status and customer service. This review aims to provide a comprehensive overview of Waldorf based on available data and user feedback.

　　Note: It is essential to understand that Waldorf operates in different regions and may have varying regulatory statuses depending on the location. The following evaluation considers multiple sources to ensure fairness and accuracy.

Rating Overview

Category	Rating (out of 10)
Account Conditions	5
Tools and Resources	6
Customer Service and Support	4
Trading Setup (Experience)	6
Trustworthiness	3
User Experience	5

　　How We Rate Brokers: Our ratings are based on a combination of user reviews, expert analysis, and factual data regarding the broker's operations.

Broker Overview

　　Founded approximately 5-10 years ago, Waldorf Bullion is based in Hong Kong and specializes in precious metals trading. The broker offers a 24-hour electronic trading platform, primarily focusing on spot physical gold and silver. Users can trade using the widely recognized MT4 platform, which allows for a range of trading strategies and tools. However, concerns about its regulatory status, particularly regarding its classification as a "suspicious clone" by some sources, have raised red flags among potential users.

Detailed Breakdown

Regulated Areas: Waldorf operates in Hong Kong, with its regulatory status being described as "suspicious" due to a lack of robust oversight from recognized financial authorities.
Deposit/Withdrawal Currency: The broker accepts various currencies, focusing primarily on USD for trading accounts.
Minimum Deposit: The specific minimum deposit requirements were not clearly stated in the sources reviewed, indicating a potential area of concern for new traders.
Bonuses/Promotions: No specific promotions or bonuses were highlighted in the reviews, suggesting that Waldorf may not offer competitive incentives compared to other brokers.
Asset Classes Available: Waldorf primarily focuses on precious metals, including gold and silver, but lacks diversity in asset classes like forex, stocks, or cryptocurrencies.
Costs: The spread for local London gold is reported at USD 0.50, while silver is USD 0.05. A commission of USD 50 per lot is charged for opening a position, with no fees for closing positions.
Leverage: The leverage offered by Waldorf was not specified in the reviews, which could be a disadvantage for traders looking for high-leverage options.
Trading Platforms Allowed: The broker supports MT4 for both desktop and mobile trading, which is a positive feature for many traders.
Restricted Regions: Specific regions where Waldorf might be restricted were not mentioned, but users should check local regulations before trading.
Available Customer Service Languages: The broker appears to offer support primarily in Chinese, which could limit accessibility for non-Chinese speakers.

Rating Reassessment

Category	Rating (out of 10)
Account Conditions	5
Tools and Resources	6
Customer Service and Support	4
Trading Setup (Experience)	6
Trustworthiness	3
User Experience	5

Detailed Analysis

　　Account Conditions: Waldorf's account conditions are average at best, with concerns about its regulatory status impacting user trust. Many users have expressed dissatisfaction regarding the lack of transparency in fees and minimum deposit requirements.
　　Tools and Resources: While the MT4 platform is a strong point, the lack of additional trading tools or educational resources has been noted as a drawback. Users looking for advanced trading features may find Waldorf lacking compared to more established brokers.
　　Customer Service and Support: Customer service has received mixed feedback, with some users reporting slow response times and inadequate support for resolving issues. This aspect significantly impacts user experience and trust.
　　Trading Setup (Experience): The trading experience on the MT4 platform is generally positive, but the concerns regarding regulatory oversight and the potential for being classified as a "suspicious clone" may deter new traders.
　　Trustworthiness: Waldorf's trustworthiness is a significant concern, given its classification as a suspicious entity and the lack of robust regulatory backing. This aspect is crucial for potential users to consider before engaging with the broker.
　　User Experience: Overall, user experiences vary, with some appreciating the simplicity of the trading platform while others express frustration over customer service and regulatory issues.

　　In conclusion, the Waldorf review reveals a broker that offers basic trading in precious metals but struggles with trustworthiness and customer service. Potential users should weigh these factors carefully and consider their trading needs before opening an account.