Score

6.38 /10
Average

WB

Hong Kong

5-10 years

Regulated in Hong Kong

Precious Metals Trading (AGN)

White label MT4

Regional Brokers

High potential risk

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Comparison

Quantity 17

Exposure

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Website

Score

Regulatory Index7.02

Business Index7.80

Risk Management Index0.00

Software Index8.67

License Index6.78

The WikiFX Score of this broker is reduced because of too many complaints!
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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

WB Corporatlon Limited

Company Abbreviation

WB

Platform registered country and region

Hong Kong

Company website

WhatsApp

  • 85263661579

Company summary

Pyramid scheme complaint

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Check whenever you want

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WikiFX Risk Alerts 2
Previous Detection : 2026-01-30
  • WikiFX has received a total of 17 user complaints against this broker, please be aware of the risks and do not be scammed!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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Unable to Withdraw

Freeze the account and do not allow withdrawals

Under the banner of poverty alleviation, they do thing that illegal, and frequently call you to place orders illegally, resulting in a loss of 4.3 trillion yuan. The account is also frozen and the withdrawal is not allowed. Deposits and receipts are all from different private accounts and there are more than 30 bank cards. This is a scam company.

2022-09-12 11:08
Severe Slippage

The platform charges huge profit spreads to defraud investors

I mainly reported a few issues with WB: First, the platform’s profiteering spreads caused the “small fluactuation market”, investors “scalped” back and forth, and most of the profits were taken away by the platform. For WB's MT4 gold (marked as "GOLD" in the system), the spread of 0.1 standard lot is 5 dollars, and the spread of silver (marked as "Silver" in the system) is 20 dollars; every fluctuation of silver (0.01 dollars) is 5 dollars, while gold is $0.5; while spot silver (XAGUSD.S) of the same species only needs a spread fee of $15 in another platform CWG, and a fluctuation is $2.5, and gold (XASUSD.S) only needs 1.5 US dollar spread fee, a fluctuation of 0.1 US dollars, which is equivalent to 2 fluctuation and more expensive than silver, and 5 times more expensive than gold. Second, there are serious bug in the lock-up operation of the platform: I bought 0.1 lot of silver from Sell 22.13 on the WB mt4 platform. Due to the continuous rise in subsequent prices and the problem with the amount of my funds, I had to take the same amount to buy more Buy 0.1 lot of silver is 22.66, and because follow-up operations may have an impact on the long order, I closed the long position at 23:01 on 2022/12/07, with a loss of 25 US dollars, but the platform immediately triggered the stop loss, resulting in my empty order directly It was considered liquidated by the system and forced to close the position, and there was no money left in the end. Seriously affect subsequent operations

2022-12-08 01:56
    WB · Company summary
    WB Review Summary
    Founded1996
    Registered Country/RegionHong Kong
    RegulationHKGX
    Market InstrumentsGold, silver
    Demo Account
    Leverage/
    Spread/
    Trading PlatformMT4
    Minimum DepositHK$1,000
    Customer SupportLive chat
    Phone: 852-35808081
    Email: cs@wb100hk.com
    Physical Address: Room 504, 5/F, Oriental International Building, 1018 Tai Nan West Street, Lai Chi Kok, Kowloon, Hong Kong

    WB Information

    WB, founded in 1996, is a broker registered in Hong Kong, providing gold and silver trading on the MT4 platform. It is currently regulated by HKGX.

    WB's homepage

    Pros and Cons

    Pros Cons
    HKGX regulatedHigh minimum deposit of HK$1,000
    MT4 supportedLimited withdrawal options
    Three types of trading accounts to choose fromNo Islamic trading account
    Demo accounts available

    Is FPG Legit?

    WB is regulated by the Hong Kong Gold Exchange (HKGX) in Hong Kong.

    Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
    Hong KongHong Kong Gold Exchange (HKGX)富格林有限公司Type A1 License100Regulated
    Regulated by HKGX

    What Can I Trade on WB?

    WB offers traders the opportunity to trade gold and silver.

    Trading ProductsSupported
    Gold & Silver
    Forex
    Commodities
    Indices
    Stocks
    Cryptocurrencies
    Bonds
    Options
    ETFs

    Gold & Silver trading

    Account Type & Fees

    WB offers 3 different types of live accounts to traders - Jinfu Account, Premium Account, Premium Account. It also provides demo accounts. The minimun deposit is HK$1,000.

    For gold spread, Jinfu Account spreads is 37 USD per lot, Premium Account spreads is 35 USD per lot, Premium Account spreads is 34 USD per lot. For silver spread, Jinfu Account spreads is 20 USD per lot, Premium Account spreads is 28 USD per lot, Premium Account spreads is 35 USD per lot.

    Account TypeJinfu Premium Premium
    Minimun Deposit$1,000$3,000$10,000
    Minimum Trading Volume0.10.5
    Gold Spread (USD/lot)373534
    Silver Spread Offer (USD/Lot)202835
    Account comparison

    Trading Platform

    WB's trading platform is MT4, which supports traders on PC, Mac.

    Trading PlatformSupported Available Devices Suitable for
    MT4 PC, Mac, iOS, AndroidBeginners
    MT5/Experienced traders
    MT4

    Deposit and Withdrawal

    The broker provides 3 types of deposit methods, which are real-time online payment, bank transfer, online cross-border remittance. The currency type is US dollars. If customers use other currencies to deposit, WB will use the market's public exchange rate to convert it into US dollars.

    Funding process

    It supports one withdrawal method that is bank wire. The withdrawal amount will be deposited back to registered bank account. It charges $10 for single withdrawal of less than $100.

    If 50% of the customer's most recent deposited funds have not been used to open a position, a handling fee of 6% of the most recent deposited funds will be charged for each withdrawal to prevent criminals from laundering money.

    Withdrawal information

    User Reviews

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    User comment

    2

    Comments

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    高金凤
    more than one year
    I don’t know if some scammers have been using this company name for illicit purposes, but I reported everything to the authorities and some specialist scam and fraud company. An investigation is under place, so I had to put my phone under control because of the threat I received.
    I don’t know if some scammers have been using this company name for illicit purposes, but I reported everything to the authorities and some specialist scam and fraud company. An investigation is under place, so I had to put my phone under control because of the threat I received.
    Translate to English
    2023-02-15 14:18
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    HowardLow4
    more than one year
    Hello, I am afraid that all the positive and exaggerated comments on the Internet are posted by the WB scammers themselves. They prevent you from withdrawing the money. Avoid them!
    Hello, I am afraid that all the positive and exaggerated comments on the Internet are posted by the WB scammers themselves. They prevent you from withdrawing the money. Avoid them!
    Translate to English
    2022-12-09 15:10
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