WF Broker Review: regulation, terms of cooperation, reviews
**Broker Review WF WF: Real Information, Terms of Cooperation, Reviews**
The vast majority of fake brokers strive to distort their data in order to attract traders. However, with a careful analysis of their website and documents, the truth can be revealed. A classic example of fraud is WF WF.
The company claims to provide brokerage services on favorable terms, but reviews indicate that it is involved in fraudulent activities. In this review, we will examine in detail the signs that indicate WF WF is not a high-level broker, but simply a fraudulent scheme.
What information is available about wf-wf.com?
Reviews about WF WF started appearing only a month ago, raising doubts about the company’s long-term presence in the market. According to whois data, the wf-wf.com website was created in 2014, contradicting the company’s legend.
Apparently, cunning scammers acquired the domain for a pittance and adapted it to their needs. The web analytics service SimilarWeb Ltd has no information about wf-wf.com, indicating a recent lack of traffic to the site.
The location of the pseudo-broker WF WF is in an offshore zone. According to the legend, it is registered in Belize (528, Buttonwood Bay Blvd, Belize City, Belize). This country has become a haven for many financial fraudsters who ignore international legislation and evade taxes.
The site displays a copy of a license in Vanuatu (as a dealing center). It is important to note that DCs are simply kitchens that do not direct trades to the real market and are aimed at deceiving clients.
We checked the regulator’s database and found out that WF WF even lies about having an offshore license!
The situation is similar with the licenses listed at the bottom of the site, allegedly obtained from:
- Cysec (Cyprus),
- IFSC (Belize),
- FSC (Mauritius).
The names of the authors of the WF WF project and their current leaders are unknown. The scammers preferred to remain anonymous to avoid responsibility for the damage caused to clients.
WF WF is absent from social networks, avoiding constructive dialogue with clients. Negative reviews are unlikely to stop them.
What WF WF Offers: Conditions Overview
The scammers at WF WF realize that their project cannot survive for long due to a wave of negative reviews. There is no time for promotion, so even a demo account is not provided on the platform. The minimum losses with this pseudo-broker are $150.
WF WF offers three types of trading accounts:
- Unity. Starting deposit – $150. The conditions include instant order execution and a leverage of 1:100,
- Standard. To open such an account, a minimum of $1,000 is required. Among the features: instant order execution, trading in cryptocurrencies and metals, leverage of 1:500 (a clear sign of fraud, as honest brokers have significantly lower leverage),
- Pro. Deposit size – from $10,000. Traders are promised a leverage of 1:500, instant order execution, trading in metals and cryptocurrencies, insurance and deposit protection, 24/7 support.
The WF WF website lacks information on swaps, spread sizes, and contract specifications. It is evident that the charlatans target novices, as experienced traders immediately recognize the attempt at fraud.
Reviews from Real Clients
Not long ago, there were no reviews about the company WF WF, but recently the first negative reviews from real clients have started to appear. Users note that the pseudo-broker misleads and does not allow withdrawals.
What Scheme of Fraud is Used on wf-wf.com?
The scammers at WF WF follow the well-trodden path of other fraudsters. They target novices who are easily deceived by promises. Novices do not verify legal information, are not interested in trading conditions, and even in which terminal to trade. Scammers will lure their victims into new investments until they realize they have been left without funds. After that, representatives of WF WF will stop responding, and the account of the deceived user will be blocked.
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Summary of wf-wf.com Review
WF WF is yet another fake broker whose goal is to deceive naive investors. The company presents false statistics, misinforms about regulation and licenses. Anonymous scammers ruthlessly exploit people until the pool of negative reviews destroys them.