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Regarding the legitimacy of WB forex brokers, it provides a comprehensive investigation into the security aspects of regulatory HKGX, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Software Index

White Label

Risk Control

Risk Manage

Is WB safe?

The regulatory license is the strongest proof.

Type A1

HKGX Type A1 License

Hong Kong Gold Exchange

Hong Kong Gold Exchange

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Type A1 License
  • Licensed Institution:

    富格林有限公司 富格林有限公司
  • Effective Date:

    --
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    https://www.hkwb100.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    香港九龍尖沙咀庇利金街8號百利金商業中心18樓1802室
  • Phone Number of Licensed Institution:

    35808081
  • Licensed Institution Certified Documents:

11 name

Is WB a scam, or is it legit?

The latest exposure and evaluation content of WB brokers.

Unable to withdraw funds
Under the banner of poverty alleviation, they did shady things, frequently placing orders, causing slippage, closing trading accounts, and not allowing withdrawals. It’s a black platform fraud company.
Unable to withdraw
In the early morning of November 9, I suddenly couldn't place an order during the transaction. I went to ask the customer service, and the customer service told me, "I received a notice from the circulation dealer that positions are not accepted at the moment. You can close the position as soon as possible and apply for a full withdrawal." Then I withdrew the money and was told that I would have to wait 1-3 working days. They didn't want me to withdraw. The customer service was also irritating and the consultant couldn't be found. It felt like it was being delayed. They don't want me to withdraw money. Then it's the weekend and he can delay it even more.
The platform charges huge profit spreads to defraud investors
I mainly reported a few issues with WB: First, the platform’s profiteering spreads caused the “small fluactuation market”, investors “scalped” back and forth, and most of the profits were taken away by the platform. For WB's MT4 gold (marked as "GOLD" in the system), the spread of 0.1 standard lot is 5 dollars, and the spread of silver (marked as "Silver" in the system) is 20 dollars; every fluctuation of silver (0.01 dollars) is 5 dollars, while gold is $0.5; while spot silver (XAGUSD.S) of the same species only needs a spread fee of $15 in another platform CWG, and a fluctuation is $2.5, and gold (XASUSD.S) only needs 1.5 US dollar spread fee, a fluctuation of 0.1 US dollars, which is equivalent to 2 fluctuation and more expensive than silver, and 5 times more expensive than gold. Second, there are serious bug in the lock-up operation of the platform: I bought 0.1 lot of silver from Sell 22.13 on the WB mt4 platform. Due to the continuous rise in subsequent prices and the problem with the amount of my funds, I had to take the same amount to buy more Buy 0.1 lot of silver is 22.66, and because follow-up operations may have an impact on the long order, I closed the long position at 23:01 on 2022/12/07, with a loss of 25 US dollars, but the platform immediately triggered the stop loss, resulting in my empty order directly It was considered liquidated by the system and forced to close the position, and there was no money left in the end. Seriously affect subsequent operations
Fraud platform. Scam company
Under the banner of poverty alleviation, Hong Kong WB Co., Ltd. is doing shameful things. Illegal and frequent place orders and lags, freeze account and do not allow withdrawal.
WB's latest industry rating score is 6.50, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. WB If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.