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Suspicious Clone
Score
1.37 /10
Danger
WB
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Exposure
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Website
Score
Regulatory Index0.00
Business Index5.91
Risk Management Index0.00
Software Index4.00
License Index0.00
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Website
Licenses
VPS Standard
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Warning: Low score, please stay away!
3
Previous Detection :
2024-11-11
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The China Hong Kong CGSE regulation (license number: 100) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
| WBReview Summary | |
| Founded | 2022 |
| Registered Country/Region | Hong Kong |
| Regulation | Suspicious Clone CGSE License |
| Market Instruments | Metals |
| Demo Account | ✅ |
| Leverage | / |
| Spread | From 20 |
| Trading Platform | MT4 |
| Min Deposit | $1 000 |
| Customer Support | Phone: +852 35808081 |
| Email: cs@wb100hk.com | |
| Live chat | |
| Company Address: Room 1802, 18/F, Paragon Commercial Center, 8 Peregrine Street, Tsim Sha Tsui, Kowloon | |
WB Corporation Limited is an online trading platform based in Hong Kong that facilitates London gold and silver trading. This platform offers demo accounts and three types of real accounts with a high minimum deposit requirement of $1 000. Additionally, WB's regulatory license is suspected to be a fake clone.
Pros & Cons
| Pros | Cons |
| None | Suspicious Clone CGSE License |
| Limited market offerings | |
| Withdrawal fees for small amounts | |
| High minimum deposit requirement |
Is WB Legit?
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Regulatory Status |
 | The Chinese Gold & Silver Exchange Society (CGSE) | WB Corporation Limited | Type AA License | 100 | Suspicious Clone |
What Can I Trade on WB?
WB provides access to London gold and silver trading.
| Trading Asset | Available |
| forex | ❌ |
| metals | ✔ |
| commodities | ❌ |
| indices | ❌ |
| energies | ❌ |
| stocks | ❌ |
| cryptocurrencies | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Type/Spreads
WB offers a demo account. On top of that, WB also offers three types of live account.
| Account Type | Jinfu Account | Premium Account | Premier Account |
| Minimum Deposit | $1 000 | $3 000 | $10 000 |
| Minimum Trading Lot Size | 0.1 | 0.1 | 0.5 |
| Gold Spread (USD/Lot) | 37 | 35 | 34 |
| Silver Spread Discount (USD/lot) | 20 | 28 | 35 |
| Investment Expert Service | ❌ | ✔ | ✔ |
| Yinfuhui Member | ❌ | ✔ | ✔ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
Deposit and Withdrawal
Clients can deposit money into the company's Hong Kong bank account via real-time online payment, bank transfer, or cross-border remittance.
Withdrawals of $200 or more are prioritized, while withdrawals below $100 are subject to a flat withdrawal fee of $10.
Additionally, clients should be aware of 6% withdrawal handling fees and currency conversion details.
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