WFM International is allegedly the “home of family wealth”. The broker wants people to believe that they’re using a “superior approach to wealth accummulation and investment”. Furthermore, the website of WFM International (which is accessible at wfminternational.com) is promising to offer its clients a better way to save because they are apparently in “allignment” with United Nations (UN) Sustainable Development Goals.

These promises sound too good to be true and they’re obviously targeting the financially unsophisticated because:

(1) Forex and CFDs brokers are not obligated to provide savings and wealth management since this is the role of licensed financial institutions and fund managers.

(2) Forex and CFDs brokers who make numerous promises are likely to break them and disappoint their clients.

(3) WFM International doesn’t have decades of experience and reputation as alleged on their website. In fact, wfminternational.com was only registered in September 2023. When we published this review, WFM International was just a one month old broker.

General information about WFM International broker

Website	https://wfminternational.com/
Company	WFM International (not a registered company)
Email	support@wfminternational.com
Physical address	Thurgauerstrasse 40, 8050 Zürich, Switzerland
Phone number	Undisclosed
License	None
Assets	Forex CFDs, Stocks, Equities, Commodities and Indices
Min. deposit	Undisclosed
Trading platform	A strange trading platform

WFM International review

The website of this broker implies that they are a safe and secure company to invest with. They have managed to create this impression using a professional design and special blend of colors that invoke trust and confidence.

In addition to this, they make several promises which imply that investing with wfminternational.com will lead to financial freedom. Of course we are doubting these promises since the website is full of red flags nonetheless.

Wfminternational.com paints a picture of a hedge fund rather than that of a Forex CFDs broker. Thus many people who visit the website for the first time will conclude that wfminternational.com is a website belonging to a hedge fund of some sort. However, upon signing up into the platform, that’s when we realize that WFM International is a typical Forex broker.

Wfminternational client portal

We signed up in order to bring you a review inspired by first-hand experience. During our interaction with this dashboard, we noticed that it was both eye-catching and user-friendly. In this client portal, one can easily access the KYC verification center as well as reach out to customer support through the help center or email.

However, we noticed that depositing funds into WFM International broker platform requires one to complete a form stating their date of birth, country, city, street name and postal code.

In our opinion, this is an inconvenience to traders who have already passed KYC verification and would like to start trading right away.

While at it, clients are not told what the minimum deposit requirement is.

The WFM International client portal doesn’t provide us with the option for investing in the various account types highlighted on the homepage of their website.

Therefore, it is difficult to establish which account type one is signing up for. A mere deposit into the platform does not provide clients with the option of choosing which account type they would like to use.

This is intentional because the broker wants to engage you at this point to establish how much you’re willing to transfer to their bank account. If you’re not careful, they will talk you into investing more than you are willing to lose.

The Trading platform of WFM International broker

This is a simple trading platform where traders can buy and sell various assets with a click of a button. WFM International offers hundreds of tradeable assets and it is also possible to trade some pairs during the weekend.

The charting application comes with all the features that you’d expect from a trading platform. These include bars, candlesticks, tools, indicators and also the ability to switch timeframes.

This trading platform is somewhat familiar as we’ve encountered it a few times during our assesssment of other Forex brokers.

And the disadvantage of this trading platform is that we cannot use an expert advisor or attach a third-party trading indicator to it.

Secondly, even though it seems robust, efficient and legitimate, most brokers who use it are unlicensed and cannot be trusted.

This platform also comes with a “social trading” feature which we find very suspicious indeed. When looking at some of the traders’ profiles, the figures didn’t make sense. When scrutinizing the issue further, we realized that WFM International is just fabricating the numbers and trading activity is not legitimate. Yet this social trading feature is supposed to entice new investors to copy the trades of the supposedly successful traders who have been ranked highly by the WFM International “tracking system”.

Let’s consider this example of a trader called “AsianStar968“

“AsianStar968” has been “trading” with WFM International for over 3 months. His success rate is still zero.

He entered a position for BTCEUR and made a gain of 143.76%. If this profit is real, why did this broker fail to record it in his success rate?

Also, “AsianStar968” is over 3 months old and providing “copy trading services” yet he has only open 3 positions ever since he joined. How realistic is this?

Is WFM International a scam broker?

This broker is certainly suspicious and we would not give them the benefit of doubt due to the numerous red flags that we have found on their website. WFM International is offering financial services such as retirement and savings plans but when you sign up, there is no clear information regarding how they do it and whether it is safe to trust the broker to deliver such critical services.

WFM International fails to provide terms of service and fees are also undisclosed. When signing up with this broker and trading with them, you will be surprised at their charges because this has not been disclosed upfront.

Thirdly, WFM International is not a registered company and they also don’t have a license that authorizes them to provide trading services to their clients. Furthermore, they don’t have a license to authorize them to handle customer funds in the typical fashion of a hedge fund.

If a broker is operating without a license, that is a recipe for disaster and you should be prepared to get scammed.

Pros and Cons of trading with this broker

Summary of this broker review

We’re disappointed to review yet another scam that masquarades as a genuine broker. They pose a serious risk to the financially unsophisticated who are likely to believe their empty promises. The only goal of WFMInternational.com is to accept deposits and not to process any cash out requests. This is more of a ponzi scheme than a broker. Furthermore, they are not upfront with the kind of service which they offer since their website implies that this is a financial institution rather than a Forex CFDs broker.

Our recommendation is that you should never sign up with WFMInternational.

If you have a comment, please share it with the community down below.