WSBrokers.com Review

1.8 • 8 REVIEWS
Out of business Wall Street Brokers
Updated: Apr 13, 2022

 

Website is down.  Company appears to be out of business.

April 2009: This company shows a Delaware, USA address on its website, but is not currently registered with the NFA. When contacted, the company claimed that it was seeking NFA membership. The company is also not currently listed as having pending NFA membership. Until this can be clarified, the FPA recommends extreme caution dealing with this company.

September 2010.  The company still claims to be in Delaware.  If this is true, they are sharing a single office suite with thousands of other companies.  This looks like a virtual address to us.  The company now claims to be seeking registration with several regulators, but refuses to name these.

A review claiming to be from a client was posted from the same Egyptian location that a representative of the company used to contact the FPA.  Other fake positive reviews have also come in from Egypt.  We suspect that Egypt is the true location of this company.

The FPA recommends extreme caution dealing with this company until they can show a confirmed location as well as registration with a recognized regulator.

Other websites of this company include WSBrokers.net
 

WSBrokers.com
Out of business
1.8 • 8 REVIEWS

Recent User Reviews of WSBrokers.com

A
ahmed mohamed
, Egypt,
Aug 13, 2012,
Guest

the site wsbrokers.com is closed !!!
A
ahmed mahmod
cairo, Egypt,
Jul 23, 2012,
Guest

Please, allow me introduce myself:
I work an introduce broker "IB" for Forex trading from Egypt.
I opened an account in "Wall Street Brokers Company"
deposited $1500.00 now total equity are $2000.00
i requested withdraw his funds since last 11, may 2012
WSBrokers Company withdrew his funds from his account in last 17, may,


But they didn't send any funds without reason until now!

Could you please help me ?

Thank you for your advance efforts.
Best Regards
A
ahmed salama
, Egypt,
Jul 21, 2012,
Guest

This company stole a thousand dollars from me
J
Jafar Calley
Sydney, Australia,
Jul 11, 2012,
Guest

Beware. I have just been informed by a colleague in Egypt...

"wall street brokers was gone thier office in cairo was broken and the manager is missing in the action"

Their website is also inaccessible to me. Looks like they are gone.
A
Ashraf El-Abgy
, Egypt,
May 6, 2012,
Guest

Dear Sir,
Good greeting,

Please, allow me introduce myself:
I work an introduce broker "IB" for Forex trading from Egypt.
I opened an account for a client named "Mr. Shaher Tousah"
in "Wall Street Brokers Company" under No. 91015
He deposited $9500.00 plus $80.00 transferred from my Master Account No. 91000,
He traded two orders achieved $10 profit, total equity are $9590.00

But he changed his mind and does not want to continue in this trade.
He requested withdraw his funds since last 2, April,
WSBrokers Company withdrew his funds from his account in last 11, April,

But they didn't send any funds without reason until now!

Could you please HELP us?

Thank you for your advance efforts.
Best Regards

Ashraf El-Abgy
- Introducing Broker for Wall Street Brokers Company
under No. 91000 http://www.wsbrokers.com/

Review Moderation Team Note: Please ask your client to leave a rated review.
A
Agnes Hendriks
Netherlands,
Sep 11, 2011,
Guest

I worked with this broker for 3 years, I am still with them.

Last week I had wrong quote that hit my stoploss with AUD/USD for -$1,700 loss. I spoke to their customer service and they were helpful and reversed the trade in minutes.

They have very good system, and I get the prices I ask, even with big lots. Now I trade with them STP, it is better for me because I make fast trades.

I recommend this broker.
D
Dan Hewitt
Canada,
Jul 27, 2011,
Guest

I've been dealing with this broker for a while. They aren't NFA regulated, but I didn't have with them the problems that I had with other NFA regulated brokers. Their platform is actually pretty fast, and I rarely had wrong quotes.

I was worried at the beginning, so I started with a small deposit and gradually increased my account to over 14 k. So far I didn't experience any problems withdrawing my profits, which is far more than my deposits.

I give them 4 stars just for having a moderate customer service.
N
Nanis
Egypt,
Sep 22, 2010,
Guest

I am already an existing client with them using an EA and i didn't face any problem with them, even the transfer as many claims.
they are not registered with NFA and they never said that , and it is not a scam company added that they have an agent in Egypt that's why many thought that it is located in Egypt.

Review Moderation Team Note: 5 Star rating removed. This review was left from the same Egyptian location that a WS Broker's representative contacted the FPA from.

The statement that no one at WS Brokers ever said that they were trying to get registered with the NFA is incorrect. The FPA contacted WSBrokers in April of 2009 and was told that they were seeking NFA registration.

The latest contact with this company in September 2010 claims that they are in Delaware and are seeking registration with regulators that they refuse to name.

We ran a Google search on the Delaware address and found that there are thousands of companies in the same office suite. This looks like a virtual address to us. The only confirmed location the FPA has been able to tie to this broker is in Egypt.

We question the ethics of any broker that posts fake reviews for itself.
A
Abella
Spain,
Sep 21, 2010,
Guest

I have been dealing with WSbrokers for more than 2 years now and haven't faced any probelms!!! I am surprised to read your reviews!!
In fact WSbrokers was the best company I traded with....
Maybe your strategies was really scalping..because I withdrew tripple my equity so far.

Review Moderation Team Note: 4 Star rating removed. This review came from the same location in Egypt that the review from "Tamara, Spain" came from. The reviews were left within 5 minutes of each other.

The FPA does not appreciate review spammers.
T
Tamara
Spain,
Sep 21, 2010,
Guest

I was surprised to read your reviews about WSBrokers because they have been the best company I traded with since I started forex!!!
Your strategies must have been really scalping and not straight because I had no probelm in withdrawals!!!
I trippled my equity and they never stopped my account!!!

Review Moderation Team Note: 4 Star rating removed. This review came from the same location in Egypt that the review from "Abella, Spain" came from. The reviews were left within 5 minutes of each other.

The FPA does not appreciate review spammers.