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No Regulation
Score
1.42 /10
Danger
WB Forex
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.33
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2025-01-11
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: WB Forex's official website - https://www.willbrainforex.com/ is currently inaccessible normally.
| WB ForexReview Summary | |
| Founded | 2019 |
| Registered Country/Region | Palau |
| Regulation | Unregulated |
| Market Instruments | Forex, etc. |
| Demo Account | ❌ |
| Leverage | Up to 1:100 |
| Spread | / |
| Trading Platform | WebTrader |
| Min Deposit | $1 |
| Customer Support | Email: support@willbrainforex.com |
| Address: P.O. BOX 1849, KOROR, PALAU 96940 | |
Founded in 2019, WB Forex is an unregulated broker registered in Palau, offering forex trading with leverage up to 1:100 via the WebTrader platform. The minimum deposit requirement is only $1.
Pros and Cons
| Pros | Cons |
| Low minimum deposit required | Inaccessible website |
| Unregulated | |
| Limited tradable asset classes | |
| Unclear fee structure | |
| No MT4/5 | |
| Limited payment options |
Is WB Forex Legit?
No, WB Forex is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
Account Type
WB Forex offers a Standard ECN account and a PAMM account.
Leverage
WB Forex offers leverage up to 1:100. Although lower leverage results in relatively lower returns, the risk is also reduced accordingly.
Fees
WB Forex claims to offer variable spreads and no commissions.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker offers an unpopular payment option called Bellcoin.
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