Brokers  /  Whale Inc.

Whale Inc.

Severe riskForex / CFD broker
🇸🇨 Seychelles · 5-10 years · since 2019-06-12 · Whale Market Inc.
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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Whale Inc. operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Seychelles (offshore, light oversight)
  • 4 user exposure/complaint reports filed
  • Withdrawal complaints in ~100% of recent reviews
  • 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 complaints7212%
Offshore registration808%
Transparency (site/info/social)5310%

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 nameWhale Market Inc.
Headquarters🇸🇨 Seychelles
Founded2019-06-12
Years operating5-10 years
Employees0
Official websitewhale-inc.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
Registered address
Vista Corporate Services Centre, Suite 23, 1st Floor, Eden Plaza, Eden Island, Mahé, Republic of Seychelles

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Across 4 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (4 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
Hong Kong4

Real user reviews

Where Whale Inc. operates

Active across 2 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇲🇽 Mexico
🇺🇸 United States
🇭🇰 Hong Kong 4 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Whale Inc.

Whale Inc. is a forex and CFD broker based in Seychelles, with records dating to 2019-06-12. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

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