Wafabourse

Wafabourse, operating under the domain wafabourse.com, is an online stock trading platform based in Morocco. The platform is operated by Attijari Intermédiation, a securities intermediary company that is part of the Attijariwafa Bank group. Founded on 22 October 2019, the company is registered in Casablanca with its registered address at 163, Avenue Hassan II, 20000 Casablanca, Morocco.

Wafabourse serves as a digital gateway for investors to access the Casablanca Stock Exchange, offering services such as real-time trading, portfolio management, and access to financial research. The platform is designed for both individual and institutional investors who wish to trade Moroccan equities and OPCVM (mutual funds).

In FXCanary's records, Wafabourse has no independent regulators on file, and our Scam Risk Score stands at 46/100, classified as 'Guarded'. However, the entity behind Wafabourse, Attijari Intermédiation, is a registered company in Morocco (RC Casablanca 77181) and is subject to local financial regulations enforced by the Moroccan Capital Market Authority (AMMC). The broker states on its website that it is a société anonyme with a capital of 5,000,000 MAD, and it is the editor of the site.

We cross-checked the licence against the public register, but we were unable to independently verify a specific regulatory licence number. Traders should note that while the platform operates within the Moroccan regulatory framework, it is not regulated by any major international financial authority such as the FCA or CySEC, which may be relevant for non-resident traders.

Wafabourse offers a web-based trading platform accessible via desktop and mobile browsers. The platform provides tools for order entry, real-time market data (for authenticated users), and portfolio tracking. The broker focuses on Moroccan financial instruments: stocks listed on the Casablanca Stock Exchange, OPCVM (mutual funds), and other local securities. It does not offer forex, CFDs, or international equities.

Clients can place orders 24/7, with execution during market hours. The site also features a Market Tracking page with delayed quotes and indices. Additional services include access to research and recommendations from Attijari Global Research (AGR), an affiliate.

The broker appears to offer a single type of trading account suitable for both individual and professional clients. Account opening is available to Moroccan residents (including non-residents) and foreign residents with valid identification. The fee structure is not publicly detailed on the website, but the broker mentions a diversified tariff offering. Potential clients are likely directed to contact the broker or visit a branch for specific fee schedules.

Minimum deposit information is not provided on the website. The account is funded in Moroccan dirhams (MAD), and withdrawals follow standard procedures for the Casablanca market.

Wafabourse does not explicitly list funding methods on its website, but as a local stockbroker linked to Attijariwafa Bank, it is likely that bank transfers are the primary method. The broker provides customer support via phone (+212 (0) 529 03 68 70) and an online contact form. The physical address is at Borj Attijari, 4th Floor, Boulevard Main Street, CFC, Casablanca.

There is no mention of a live chat or 24/7 support on the site. The website is available in French and likely Arabic, catering to the local Moroccan market.

Wafabourse is aimed at Moroccan investors, both beginner and experienced, who wish to trade on the Casablanca Stock Exchange. It is particularly suitable for clients of Attijariwafa Bank but is open to non-clients as well. The platform is not designed for international forex traders or those seeking high-leverage products.

Given its focus on local equities and mutual funds, it is best suited for residents of Morocco looking for a local broker with a strong banking affiliation.