The WorldWideBrokers trading firm operated offshore. Several regulators blacklisted the firm, so it shut down its domain and disappeared. We want to show you how the WorldWideBrokers trading scam is used since it’s not uncommon for scam companies to reappear under new fields.

We recommend you first read our scam broker reviews of Starekco, SuperEther, and Oriontero. It is easy for these online brokers to steal your investment, so stay away from them!

1. Scam Broker Status: Offshore
2. Licensed by: Unlicensed Forex and Crypto Provider
3. Fraudulent Websites: worldbrokers.co / worldbrokers.com
4. Forex Trading Scam: Active
5. Scam list: CONSOB / FSMA
6. Owner of the broker: N/A
7. Nationality: Saint Vincent and the Grenadines
8. Year of foundation: N/A
9. There is only one trading platform: WebTrader
10. Trading via the mobile browser / no mobile app available
11. The minimum deposit is N/A.
12. Bonus on deposit: Yes
13. Trading Crypto: Available
14. Trading CFDs is possible: yes.
15. Instruments traded: Forex (FX) / Commodities / Indices / Shares / Cryptocurrencies (Cryptos)
16. Leverage maximum: 1:400
17. Islam Account: Not available
18. Demo account: No, only live trading accounts are available.
19. US clients are accepted: US traders are accepted.
20. Scam Broker: Don’t Invest in It!
21. Is WorldWideBrokers a Scam? – No Trade License

Forex broker WorldWideBrokers does not have a phone number or an address listed on their website. The only information we have about the headquarters comes from the Terms and Conditions, which state St. Vincent and the Grenadines law governs.

There is no regulatory body for Forex and binary options firms on this offshore island, so companies must obtain licenses in their country of operation. Accordingly, WorldWideBrokers should be regulated by the FCA, ASIC, BaFin, or a similar Tier1 regulator.  We found that WorldWideBrokers was illicit, which is why regulators banned it.

Scam Warnings Against WorldWideBrokers

Italian and Belgian regulators have officially warned WorldWideBrokers.

Official Warning Issued by CONSOB and FSMA

Worldwidebrokers. co was added to these authority bodies’ lists of fraudulent domains, and citizens were warned not to deal with the firm. The domain was shut down in a short period, and the company withdrew client funds.

Where Is WorldWideBrokers Scam Active?

So, during our review, we identified the following as the main areas of activity for the WorldWideBrokers trading scam:

• Belgium
• Sweden
• Australia
• Germany
• South Africa
• Netherlands

Did WorldWideBrokers Scam You? – Start the Chargeback Process

It can be devastating to become a victim of the WorldWideBrokers scam. It may be challenging to decide whether to leave it as is or fight to get your money back if the firm disappears.

It’s not too late to give up. Our team at Global Fraud Protection is ready to hear your story and assist you. Having dealt with scammers and exploiting their weaknesses for years, we know how to deal with them effectively.

So, our experts will be happy to help you find the best refund solution for your needs via online chat!