Attention! The company is suspected of fraud
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WDRcapital claims to be trusted by 80K users from around the world, and the platform itself has received numerous international awards. We do not recommend to register on the platform. First of all, you need to familiarize yourself with the results of a comprehensive study, as well as reviews from real clients. This will help you make a reasoned decision.
General information
Although WDRcapital claims to have a large client base, it does not report its actual experience. To get more than 80,000 active clients, a broker must be in business for at least several years. However, checking with a specialized whois service helped to find out the truth. The website wdrcapital.com was registered at the end of April 2024. The company provides false statistics.
The situation with customer service on the platform is no better. The scammers provided a non-existent email, phone number and office address in Monaco. They themselves call potential victims using disposable SIM cards, which can then be easily replaced if necessary.
Fraudsters maintain complete anonymity; there are no names of top managers on the platform who could be held accountable. You will have to solve all problems yourself.
What about legal documents?
Although WDRcapital talks about compliance with legal requirements and the availability of licenses from several authoritative regulators, in fact it does not show a single document. Thanks to a specialized service, we found out that WDRcapital is not only not regulated by anyone, but also not registered as a legal entity. This company operates online only.
Trading on the WDRcapital platform is dangerous:
- lack of legal protection, since regulators will not help in the fight against anonymous scammers;
- the illusion of trading, because the scammers do not have access to liquidity providers;
- trading without guarantees of profit withdrawal, that is, you will simply invest funds, but in fact you will not even be able to withdraw your savings.
How does WDRcapital offer to earn money?
WDRcapital positions itself as a CFD and Forex broker that provides comfortable conditions for trading assets such as stocks, commodities, currency pairs, stock indices, and metals. There are no risk-free training opportunities. Immediately after registration, the trader will be asked to select a contract and top up the balance.
The main trading conditions are as follows:
- 3 tariffs with a minimum deposit from 500 to 50,000 dollars;
- instant execution of orders;
- leverage up to 1:50 (it all depends on the asset class);
- when replenishing an amount of $25,000 or more, there is deposit insurance and trading in cryptocurrencies and metals;
- The “Professional” tariff (from $50,000) additionally includes 24/5 support.
The company does not disclose the speed of financial transactions and commission costs. In reviews, users note that the company refuses to pay profit. If you read the internal documents of the organization, you will understand that the chances of withdrawing funds are zero.
What are the reviews about WDRcapital?
In reviews, users write that WDRcapital is a fraudulent company that you should not cooperate with. They only engage in trade manipulation and financial extortion. The office does not focus on anything else. We invite you to read the reviews and draw your own conclusions.
Do you want to tell your story of cooperation with WDRcapital? Use the special form to add reviews under our review. Write how you became a victim of these scammers and whether you managed to return the stolen money.
How does the fraud algorithm work?
WDRcapital says it provides expert support 24/7. However, in fact, scammers only ingratiate themselves with users and siphon investments out of them. At first, they may imitate profitable trades to get more money. The scammers will wait until the account is replenished with a large amount, and then they will immediately set up a technical glitch and drain the deposit to zero. It is useless to make a claim; the attackers will simply stop contacting the defrauded trader.
Let’s summarize
Cooperation with WDRcapital is dangerous. Fraudsters will take advantage of your gullibility and naivety to line their pockets. It’s better to look for a reliable broker who will honestly fulfill their agreements. Don’t take the word of the first company you come across, always do a comprehensive study, check the information provided, read reviews.
