Is Wealth Sailing Forex legit?

By Francine Christie, from United States, April 16, 2022 at 01:27 PM

My MT5 changed brokers I would like to verify it.

Answer: Hi Francine Christie,

Unfortunately, Wealth Sailing Forex does not seem to be legit. The broker does not provide any information about its regulatory status, terms of trading or contact details. Lack of regulatory info usually means lack of regulation, and we would recommend to stay away from such brokers. We never advise trading with a non-licensed broker, since the financial investment service they deliver is not trustable. The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no any guarantee from the official entities that oversee the Forex industry. Thus the engagement to trading with such a companies means the trader will believe only on the broker’s words, and of course, it is a high risk.

9 responses to “Is Wealth Sailing Forex legit?”

  1. Thank you for this information. I’ve demo trading with one of their brokers? Named ,Catherine she’s been sending me signals to practice with. But, when I tried to look up there customer support, I hit a dead end ? She also mentioned that the company is registered to this supposedly US agency I’ve never heard of WS is regulated by the US government agency MSB I tried to look the company up I got no results she told me I wasn’t doing it right this is the website:
    The US MSB (Money Services Business referred to as MSB) license is a financial license (Most Significant Byte,) authorized and regulated by FinCEN (Financial Crime Enforcement Bureau, an agency under the U.S. Treasury Department).

  2. Definitely a fraud.

    They lure people on Facebook with their marketing team. Then provide a incentive to join by giving a Demo Account and sending trading signals.

    However, the quotes on their broker have wide discrepancies with actual prices.

    They will make you win a few trades, thinking that this is easy.

    But the scam is that once you think you’re ready to make real money, they ask you to deposit to their sketchy broker. Using cryptocurrency of course.

    Then from that point on, you can kiss your money goodbye.

    • Hi Bill, I’m trying to do business with wealth, but on their web main page I read wealth sailing forex limited, now I’m confused, I have a customer service representative her name is Alice, I had a demo account for 3 days but now they want me deposit real money, and they said they charge 10% 15% 20% of commission at the end of the month, does that sound like the same company?

  3. Don’t confuse with Wealthsailingforex limited, the latter is scam company, the first I’m doing business with and they send you your money in 24 hours or less and encourage you to withdraw your original investment as soon as your account grows so you are only trading on profits. Kelly is my account manager and she has been wonderful to work with. I had been scammed before twice lost about 62 thousand on those, I hired a recovery company to go after both of them
    Bill M.

    • this is a scam mode
      I met a woman who claimed her name was Jenny/Huang Xiaoyun (+85256924871). She admitted that she was a businessman who owned a cosmetic shop in a mall in Hong Kong. and he asked me to do trading business join broker Wealth Sailing and sent me a signal and made me a big profit and all is a lie that he has made and I have deposited my money for $ 10000. when I want to withdraw my funds, admin support says my account has a problem and I have to add 25% deposit from my funds in the account. finally the woman forced me to finish in order to deposit my money again, because I didn’t want to. The woman had blocked my WhatsApp and I lost my money. I don’t have to go anywhere and get my money back. I hope no one is fooled again like me. Thank you

  4. scammer

    they AD in Facebook and encourage you to open a demo account in Mt5
    then send you signals and always you win ,but they mess with charts
    charts are NOT real charts.

  5. They are a scam company. They have a registration on the FINCEN website but that’s all they provide. All of the stuff about demo accounts is true. I deposited $11k. I asked for a partial withdrawal, and they kept giving me “good trades”. Then they gave me a huge trade which totally drained my account in 4 minutes — I lost my deposits plus the approximate $9k that they made for me. Then they said l owe them $6k. Stay the
    f–k away.

  6. I was scamed by this company as well. How can I get my money back? If you have answer please contact me on telegram vaiz1982.

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