Forex broker or scam: review of World Financial Technology company and customer reviews

Unscrupulous dealers of World Financial Technology: unveiling the scam

Once charlatans from the WTF Group decided to rebrand as World Financial Technology. They slightly modified the logo, removed some data, but remained true to their undisclosed deception.

The scammers of this company act shamelessly, showing no mercy to the elderly or people on the brink of bankruptcy trying to avoid collapse. How do they manage to deceive inexperienced traders? Let’s reveal this together.

Official data about the company World Financial Technology: license verification

Charlatans try to mislead investors by boasting about their 30 years of experience, clients from 42 countries, and prestigious awards.

The domain wft-global.org was registered only in January 2021. Earlier, fraudsters used wft.group, but due to negative reviews, they had to change the address.

Very dubious is their activity based on ambitious claims, transparent methods, and new technologies.

Without the proper license, the company World Financial Technology, according to them, is operated by the offshore holding INVEST GROUP LLC, registered in Saint Vincent and the Grenadines. However, the authenticity of this organization raises serious doubts.

Pages such as SwissCapitalFX, Wilford Trade, Xsocio Markets, and MTrading are also linked to the same place. They are united by one thing – various complaints from deceived depositors.

An advertisement banner claims that World Financial Technology holds licenses from FCA, ASIC, and FSCA. However, this is a clear deception. An offshore company from Saint Vincent and the Grenadines cannot have licenses in Europe and Australia.

Even their internal documents raise doubts. They reserve the right to change commission payment terms without notice, which only benefits them.

Ways to contact the scammers of World Financial Technology

The majority of this firm’s clients are Russian-speaking, but there are no numbers on the website for residents of Russia. However, claims about offices in Australia, the UK, Switzerland, and Luxembourg exist.

In the “Contacts” section, the following numbers are provided:

  • +61279083557 — Australia,
  • +41445086000 — UK.

They turned out to be fake too. Emails sent to support@wft-global.org receive ambiguous responses.

Offers from the company World Financial Technology

Company representatives lure investors with tales of fairness, transparency, and integrity, but in reality, they simply extort money from the unfortunate.

The site offers three types of accounts: “Bronze,” “Silver,” “Gold.” The investment starts from $250, but that won’t be enough. They continue to extort money until they find a weak spot.

There is nothing new in promises of advanced trading tools, competitive spreads, quality educational resources, and automated execution. However, no specifics are provided.

Reviews of the scam at World Financial Technology: user opinions

The websites are filled with paid reviews attracting clients. However, real victims tell a completely different story.

Although World Financial Technology may look attractive on the surface, in practice, it is a fraud. Investors end up as financial fodder for scammers.

Methods of deception by the company World Financial Technology

The fraudsters act swiftly and ruthlessly. They track potential victims on social networks and forums, targeting influential users.

Their script is well-rehearsed: convince a trader to invest in a promising project and then block the account when the trader tries to withdraw funds.

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Conclusions on the review of the company World Financial Technology

Don’t expect any honest earnings here. Pitfalls and debts await you. Don’t let deceivers fool you with their promises!