Score

1.53 /10
Danger

WB

Hong Kong

5-10 years

Suspicious Regulatory License

MT4/5 White Label

Chinese market only

High potential risk

D

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Comparison

Quantity 14

Exposure

Time Machine
Website

Score

License Index 0.00
Business Index 7.13
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Contact number

Chinese (Simplified)

+852 35808081

Broker Information

More

Company Name

WB Corporatlon Limited

Company Abbreviation

WB

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2023-02-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to withdraw

Freeze the account and do not allow withdrawals

Under the banner of poverty alleviation, they do thing that illegal, and frequently call you to place orders illegally, resulting in a loss of 4.3 trillion yuan. The account is also frozen and the withdrawal is not allowed. Deposits and receipts are all from different private accounts and there are more than 30 bank cards. This is a scam company.

2022-09-12 11:08
Severe Slippage

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

2022-12-08 01:56

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    HowardLow4
    more than one year
    Hello, I am afraid that all the positive and exaggerated comments on the Internet are posted by the WB scammers themselves. They prevent you from withdrawing the money. Avoid them!
    2022-12-09 15:10
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