WorldEU: an objective broker review
To start trading online, all you need is an internet connection, a device, and a reliable intermediary in the financial markets. This is how the broker WorldEU positions itself, offering clients to trade high-yield assets. In our review, we will examine how well the promises of this broker hold up in reality, and also present objective reviews from real clients.
Main information about WorldEU
The WorldEU website does not stand out with an original design and contains a limited amount of information. There are no documents on the site indicating the registration and licensing of the company. Furthermore, customer reviews are only available from Russian-speaking users, which raises doubts about the broker’s reputation.
The information that WorldEU has been operating in the market for 4 years turned out to be inaccurate, as the domain was renewed in December 2021. The physical address of the organization also raises doubts, as it is not identified on any map. A check in the German trade register showed that the company has never existed in that country.
Regulation of WorldEU’s activities
Like many other brokers, WorldEU claims to have licenses, but the validity of such claims is questionable. Most similar companies mention regulation in Mauritius, Belize, or Cyprus, however, our check did not find any information about WorldEU being licensed in these jurisdictions.
The lack of official data on the registration and licensing of the company leads to the conclusion of a lack of documentary basis for WorldEU.
Trading on the WorldEU platform
To register on the WorldEU platform, the user needs to go through a procedure on the site and fund the account through various methods. Depending on the deposit amount, the client is provided with a certain tariff plan with corresponding conditions. However, refund procedures and other technical platform characteristics are not specified.
Reviews about WorldEU
Among WorldEU clients, no positive reviews about the company’s activities were found. Negative opinions indicate problems and dissatisfaction among clients.
Deposit drain in WorldEU
The WorldEU platform is not recommended for real trading, as it does not provide correct access to international markets. Such companies may manage transactions independently, which can lead to undesirable consequences for clients.
The main goal of scammers is to drain clients’ deposits using various methods of influence. When trying to reclaim money, clients encounter account blockages and difficulties in obtaining compensation.
Final assessment of WorldEU
The lack of confirmed data on registration and licenses, as well as negative client reviews, indicate that trust in the broker WorldEU may not be sufficiently justified. It is recommended to approach the selection of financial intermediaries with caution and attention to detail.
