WDC Markets claims to be a leader in financial markets brokerage including Forex, CFDs, and Indices. The broker provides its clients with a wide variety of markets and instruments, as well as the range of expert services, resources and advice.

About WDC Markets
🗺️ Registered inBritish Virgin Islands
🗺️ Type of LicenseOffshore License
🛡️ Is WDC Markets safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

Is WDC Markets a scam or legit broker?

No, it is not safe to trade with WDC Markets as it is not regulated. WDC Markets is owned by FTG Solutions LTD (Registered number: 1994899), First Floor, Mandar House, Johnson’s Ghut, P.O. Box 3257, Road Town, Tortola, British Virgin Islands and operated from Tornimae 5, Tallinn, 10145, Estonia.

The BVI FSC is known for its light-touch regulation and very loose requirements that brokers do not try to comply with. Although the firm is licensed, BVI regulation is not enough to provide the financial services in, for example, the UK.

In addition, we couldn’t find any information about this broker is the register of the Estonian Financial Supervision and Resolution Authority, which only proves that WDC Markets lacks regulation. 

Moreover, the broker has been blacklisted by two regulators. 

New Zealand, FMA:

“We are concerned that WDC Markets and website https://wdcmarkets.com are withholding client funds and may be operating a scam. WDC Markets is not a registered financial service provider and is unable to offer financial services/products to New Zealand residents. As such, we recommend exercising caution when dealing with this entity.”

Spain, CNMV:

“WDC Markets is not authorised to provide the investment services, which include investment advice, nor to provide the auxiliary in relation to the financial instruments, including, for those purposes, foreign currency transactions.”

The pages and official sources of the international regulators’ list alert shared with the authority directly or by other countries’ supervisory bodies or transmitted centrally. Those tools and general purpose of the regulatory bodies operate in order to enable stability of the market offerings, protect clients from potential and numerous frauds, enable reliability rules to financial service entities and more. As WDC Markets got no license to operate within the EU and other regulated jurisdictions, the broker was blacklisted and alerted by the EU authorities.

We advise all investors and traders to avoid WDC Markets and other unregulated brokers. The lack of information about the broker’s regulation, trading conditions and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as Alpari and XM.com.

You can also share your trading experience with WDC Markets by commenting on this review.

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12 responses to “WDC Markets”

  1. I paid 240 Euros, they won’t allow me to withdraw any of my money out, I email them everyday, they have told me at least 3 times that they will refund my money.. they only me to deposit..
    WDC Markets are scam, once you put money in, you can’t get it out

  2. Én is befizettem, de csak később olvastam a cégről. Kértem vissza a pénzt, minden féle igazolásokat kértek, amit elküldtem nekik. Végül azt írták, hogy mindent igazoltam, majd küldik a pénzemet vissza 600 eurót. Ezt két hete írták, azóta semmi. Mit lehetne tenni, hogy visszakapjuk a pénzt?
    I also paid, but only later read about the company. I asked for the money back, they asked for all sorts of certificates I sent them. Eventually they wrote that I had verified everything and then sent my money back for 600 euros. It was written two weeks ago, nothing since. What could be done to get the money back?

  3. WDS markets really scammer.they are scammed 1500 euro.
    They don’t answer ,I could not take my money back.be carefully pls

  4. Absolutley do NOT trust WDC markets.
    It is all fake and when you want to withdraw some or all of your money, there are 100 lame excuses why is it not possible.
    It may look good on your screen and you see profits, but it’s just numbers and graphs on your screen.
    They do not provide you with terms and conditions and the account managers do what they want without your consultation.
    But it doesnt really matter because it’s all fake and you havebeen scammed.
    I have accepted the fact that i will never see ANY of my money again eventhough they try and tell me I am mistaken.

  5. I invested my life-savings in WDC markets and was told that I would get a very good return on my investments.
    I thought everything was going along well and it appeared I was making a profit (on paper).
    One day I decided to do my first withdrawal of AUD$2000. It went into a pending mode.
    Within 24-48 hours I received a notice on my account (with them) that I needed to urgently deposit more funds to keep my positions buoyant.
    I rang them that night and was told that there was a Bitcoin “crash” and that everyone associated with the company had the same thing happening to them.
    I searched the net for any Bitcoin crashes and found no such news.
    I was told by them that they could freeze my account for a few months until I could get together more funds.
    My original “account manager” suddenly went offline with COVID-19 and a different person took over my case.

    I have been emailing them in a desperate attempt to get my deposits back for weeks but they keep hedging and making excuses.
    They told me that I could have the option of retrieving whatever was remaining MINUS “taxes and fees for keeping the account open without any movement in it”.

    I know that they are continually trying to convince me that everything is legal and above-board and that my losses are genuine and substantial.

    I know they are scamming me but I cannot figure out a way to get my investments back.

    I am sure there are many of you in a very similar situation who don’t know what to do either.

    I have come to the painful and embarrassing conclusion that WDC Markets are a scam.

  6. Cannot withdraw my 250 Euros out .Thankfully that’s all I put I. .Its a scam so called ,account managers who I have spoken are horrible aggressive people .In my opinion they use false names ,.They should be brought to book ,site should be taken down.They should be in prison

  7. I have also invested some money, thankfully just the €250 that is the minimum. My latest account manager said she needs to see my bank account to verify my initial payment. Surely that’s not right?! She seemed to get angry when I said I wasn’t happy doing that!

  8. I will be short, do not trust wdc market, THEJ LOSE ALL MY MONEY. I try to freeze my money and tut out and it was rejected. Now Frank J. Schkerez don’t call me any more and don’t answer on my emails

  9. WDC MARKET looks and behave like very sophisticated brooker if sou are ready to invest and changes their behaviour in a moment of an attem´t to withdraw some money from your account. The request becomes “pendlng” and you get nothing back. Instead of payment you can expect many phone calls to persuade you to invest aditional ammount to save your account that is by the way scfidentaly in a risk! WDC Market is scam – this is my personal experience and expensive enough, trust me. ☹️

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