Is WealthPro365 Legit or a Scam?
Unfortunately no. WealthPro365 is not a legitimate company. They have several issues such as withdrawal holding, account freezing, and most importantly, the regulatory issue. We will show you all the details we mentioned here. Read carefully to know more.
What is WealthPro365?
WealthPro365 claims to be a “leading-edge” forex and CFD broker, offering access to a wide range of trading instruments and promising lucrative returns. However, a closer look reveals a facade riddled with red flags and questionable practices.
They have shown several awards on their website, but there are no award-giving organization names for those. It is clear that the mentioned awards are not legit or real.
WealthPro365 Details
Regulated by: | Unregulated Offshore Broker |
Is This Company Safe? | No license and legit award information |
Known Websites: | https://www.wealthpros365.com/ |
Have Warnings from: | N/A |
Registered in: | United Kingdom |
Operating since: | 2023 |
Trading Platforms: | WebTrader |
Maximum Leverage: | 1:400 |
Minimum Deposit: | N/A |
Deposit Bonus: | Not available |
Trading Assets: | Forex |
Free Demo Account: | Not available |
How to Withdraw from This Company? | No payment history was found from the previous traders. If the same thing happens to you, please contact us. |
Deposits and Withdrawals
WealthPro365 accepts deposits through various methods, including credit cards, wire transfers, and e-wallets. However, withdrawing your hard-earned profits is another story. Users report facing exorbitant fees, delayed processing times, and in some cases, complete blockage of withdrawals.
Account Types
WealthPro365 boasts four account types, each with increasing benefits as you climb the ladder. However, these “benefits” often translate to higher minimum deposits and wider spreads, essentially squeezing more money out of unsuspecting traders.
Red Flags and Warning Signs
The first red flag about WealthPro365 is about their registration and regulatory issues. They provide their office address in the United Kingdom. That means they should have the proper regulation and registration from the FCA and the business directory.
But when we searched with the FCA database, we did not find any information about the company.
Also, if you see the previously mentioned account types, you can see there was no information about the minimum deposit amount. That means, when you will go to open an account, they can charge you any amount they want.
Customer Complaints and Negative Reviews
Victims of WealthPro365 paint a grim picture. Common complaints include:
- Difficulty withdrawing funds: Once the money is deposited, it becomes trapped in a web of bureaucratic hurdles and exorbitant fees, making it nearly impossible to retrieve.
- Manipulation of trading platforms: Users report suspicious price movements and inexplicable losses, hinting at potential platform manipulation.
- Non-existent customer support: When faced with issues, traders are often met with radio silence or unhelpful responses from customer support.
Got Scammed by WealthPro365? We Help Victims!
If you’ve fallen victim to WealthPro365’s deceptive practices, you’re not alone. We are here to help you. When you will submit the scam report through our form, we will provide you with a free consultation call and recovery service recommendations to help you recover the lost funds.
By choosing a reputable and regulated broker, educating yourself about online scams, and staying vigilant, you can navigate the world of forex and CFD trading safely and profitably. Don’t let WealthPro365 or any other shady broker lure you into their web of deceit. Your financial security is worth far more than any empty promise of quick riches.
If you’ve experienced financial losses with companies like BitGamo, Exorays, or Cylwex, please report it using the form below.
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