Brokers  /  WBA

WBA

High riskForex / CFD broker
Italy · 5-10 years · since 2019-07-08 · WBA
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot/5
Forex Peace Army/5
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No sign that WBA actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
51
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameWBA
Headquarters Italy
Founded2019-07-08
Years operating5-10 years
Employees0
Official websitewbasrlfx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

WBA is an unregulated broker based in Italy with no public information beyond basic registration details. The lack of regulation and transparency poses a high risk to traders, and the broker's elevated scam risk score reinforces the need for caution. Without verifiable trading conditions or client protections, WBA is not suitable for most retail traders.

Not for
  • Traders seeking regulatory protection
  • Traders wanting transparency
  • Long-term investors
Period:

Real user reviews

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About WBA

Overview

WBA is a financial services entity registered in Italy, founded on July 8, 2019. Its official website is wbasrlfx.com, which suggests a focus on forex and CFD trading, although specific services have not been independently verified.

The broker presents itself as an online trading provider, but detailed information about its operations is scarce. This overview is based solely on known registration facts, as independent public data is limited.

Company Background

According to public records, WBA was established in Italy in 2019. The company’s registration details confirm its Italian origin, but no further corporate information, such as ownership or management, is readily available.

This lack of transparency is a common characteristic of smaller or newer brokers in the retail forex space. For traders, understanding who stands behind a broker is crucial, and in this case, that information is absent.

Regulation and Security

Our records indicate that WBA holds no licenses from any recognized financial regulator. This absence of regulatory oversight is a significant concern for traders, as it means the broker is not subject to standard investor protection measures.

Without a license from bodies such as CONSOB (Italy’s financial regulator) or any other major authority, clients have limited recourse in case of disputes. Unregulated brokers often carry higher risks, including potential for unfair practices or even outright fraud.

Trading Conditions

Due to the lack of publicly accessible information, WBA’s trading conditions, including spreads, leverage, and available instruments, cannot be confirmed. The broker’s website may list specific offerings, but without independent verification, these details remain unsubstantiated.

Potential traders should approach with caution and assume that the standard risks of unregulated forex trading apply. It is advisable to seek brokers with transparent and regulated trading environments.

Conclusion

WBA emerges as an obscure broker with minimal public information. Its unregulated status and limited operational history contribute to an elevated risk profile.

Traders considering this broker should conduct thorough due diligence and be aware of the inherent risks of dealing with unregulated entities. For a safer trading experience, we recommend choosing brokers with strong regulatory oversight and a proven track record.

Overview compiled by FXCanary from regulatory records and public data. full WBA review