WBroker Review : Fees, Pros and Cons, Reviews by Real Traders

WBroker

Operating status: SCAM

Website: https://www.wbroker.com/

Broker violations and abnormal records

Apr 20, 2022 The HK SFC issued a warning against WBroker
On April 21, 2022, the Hong Kong Securities and Futures Commission (SFC) issued a warning against WBroker, stating that the company falsely claims on the website www.wbroker.com that it is licensed by the SFC. https://www.sfc.hk/en/alert-list/2836

On April 21, 2022, the Hong Kong Securities and Futures Commission (SFC) issued a warning against WBroker, stating that the company falsely claims on the website www.wbroker.com that it is licensed by the SFC. https://www.sfc.hk/en/alert-list/2836
Jul 16, 2023 The NZ FMA issued a warning against WBroker
On July 17, 2023, the New Zealand Financial Markets Authority (NZ FMA) issued a warning against WBroker for falsely claiming to be a New Zealand Financial Service Provider by using a registered company's license number. https://www.fma.govt.nz/library/warnings-and-alerts/wbroker/

On July 17, 2023, the New Zealand Financial Markets Authority (NZ FMA) issued a warning against WBroker for falsely claiming to be a New Zealand Financial Service Provider by using a registered company's license number. https://www.fma.govt.nz/library/warnings-and-alerts/wbroker/
Jul 16, 2023 BrokersView has reviewed that WBroker is an unregulated broker
WBroker claims that it is part of the Waton Group that holds an ASIC broker license (No.: AFS001299580) in Australia and a FSPR broker license (No.: FSP546286) in New Zealand. However, our search for these two licenses reveals that the numbers belong to a company called Wealth Guardian Investment Limited, which the New Zealand Financial Markets Authority (NZ FMA) said in a warning has no association with WBroker. Therefore, WBroker is using details of another legitimate company to fool investors.
Furthermore, both NZ FMA and Hong Kong Securities and Futures Commission (HK SFC) have issued a warning against WBroker for illegally offering financial services/products.
In essence, WBroker is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

WBroker claims that it is part of the Waton Group that holds an ASIC broker license (No.: AFS001299580) in Australia and a FSPR broker license (No.: FSP546286) in New Zealand. However, our search for these two licenses reveals that the numbers belong to a company called Wealth Guardian Investment Limited, which the New Zealand Financial Markets Authority (NZ FMA) said in a warning has no association with WBroker. Therefore, WBroker is using details of another legitimate company to fool investors.Furthermore, both NZ FMA and Hong Kong Securities and Futures Commission (HK SFC) have issued a warning against WBroker for illegally offering financial services/products.In essence, WBroker is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Nov 09, 2025 BrokersView has identified that WBroker's website is currently offline
BrokersView found that the domain "https://www.wbroker.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "https://www.wbroker.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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