BrokersView
Search
Download
English
Sign In

Walfiner

Save

Operating status: SCAM

Website: https://walfiner.com/

Broker violations and abnormal records
  • 2024-09-09 BrokersView has reviewed that Walfiner is an unregulated broker

    Walfiner claims to be registered in St. Lucia, an offshore center known for its lax regulation. In addition, forex trading activities are not licensed there.

    In addition to the alleged registration in St. Lucia, Walfiner doesn't provide any other valid licensing information for verification. While it purports to be located in Dubai, there are no indications that it is registered with any relevant financial regulator. This means it is not authorized to provide financial services or products there.

    In essence, Walfiner is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Walfiner appears to be a scam.

    Walfiner claims to be registered in St. Lucia, an offshore center known for its lax regulation. In addition, forex trading activities are not licensed there.In addition to the alleged registration in St. Lucia, Walfiner doesn't provide any other valid licensing information for verification. While it purports to be located in Dubai, there are no indications that it is registered with any relevant financial regulator. This means it is not authorized to provide financial services or products there.In essence, Walfiner is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Walfiner appears to be a scam.

Related Complaints

Q&A

Scam or safe, Walfiner?

xLnt
Costa Rica
2024-09-11
ANSWER Dear Investor,We believe that Walfiner is a scam.Offshore Registration: Walfiner claims to be registered in St. Lucia, a jurisdiction known for its lax regulatory environment. This country doesn't allow forex trading. This indicates that the broker is not licensed.Unverified UAE Location: Although Walfiner claims to be located in the UAE, there are no indications that it is registered with any relevant financial regulator, further signaling that it is unregulated.Given these factors, we strongly advise against using Walfiner due to its unlicensed status. For a safer trading environment, we recommend choosing brokers that are fully regulated.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.