WalFlo Broker Review – Why Your Funds Are Not Safe With This Broker

As of May 2023, Walflo.com has ceased operations. But you can read the article to avoid falling for similar scammers.

Is WalFlo Regulated – What Does It Matter?

WalFlo Forex is a scam, even though it claims to be licensed. Every legitimate company will give you all information about its owner, including phone number and headquarters. WalFlo did not list the company, even though headquarters are in Germany. To be true, the broker must have a BaFin licence.

What is wrong with a trading license?

WalFlo, despite false claims that it holds FCA, CySEC and 5 other regulations is a fraud platform. WalFlo has no regulation whatsoever, even offshore. It can be located anywhere, and it can defraud as many clients they wish.

Be cautious , don’t fall for the WalFlo trading scam.

WalFlo Trading Scam Active

The alleged headquarters indicate that the broker is primarily active in Germany. They are after EU clients so you can find WalFlo complaints at:

• Spain
• Italy
• Belgium
• Netherlands

Many other countries.

WalFlo lies about regulation – Sign of a fraud

WalFlo regulations, as mentioned above, are all over this website. There are seven of them. These are:

• FCA
• CySEC
• IFSC Belize
• SCB of Bahamas
• ASIC
• DFSA
• FSCA

Moreover, the company claims that it is supervised by ESMA (European Securities Market Supervision Authority). It’s only a wish. We have examined all of these registers and discovered that every license is fake and WalFlo is a sad attempt to get financial approval from a broker.

WalFlo Trading Reviews – What Traders Have to Say

WalFlo reviews are mostly negative and focus on fake regulations. Clients realized that they were being scammed and sought help from authorities. However, the company lied to clients and did not have any license. The broker doesn’t allow withdrawals, but the regulator could reimburse everyone.

What trading platforms are available? – Trading Software

The company claims that they can offer trading on the financial markets from any location worldwide. However, their trading conditions are not very clear. Our review revealed that WalFlo’s trading platform is nothing more than a WebTrader.

Instead of offering a reliable software to its clients, they chose an easier solution and created a platform that had very few charts and indicators.

It is not easy to understand basic conditions like leverage and spread.

WalFlo Trading Instruments: What Can I Trade with?

There are 5 types of trading instruments available to clients:

• Currency Pairs (Forex)
• Commodities
• Indices
• Shares
• Cryptocurrencies (Cryptos)

We are unable to provide any information about trading conditions or minimum deposit requirements, as the WalFlo account types page is not working. We cannot access the Beginners account to check the amount you will need for a start. The page on the middle account requires $1,000.

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

WalFlo: Video

Below you will find a short video about WalFlo. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about WalFlo!