Forex Brokers

Wallberg Ltd

1.5 (15 reviews)
🇦🇺 Australia
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1.5
15 reviews
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About Wallberg Ltd

Wallberg Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +44-203-608-9931, +886-2-7703-24509

Addresses: Office 313 Boulevard General Eduard I. Totleben 53-55 1606 Sofia Bulgaria; 3rd Floor NWMS Centre 31 Southhampton Row London WC1B 5HJ UK This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.millenniumoptions.com.

Customer Reviews

Write a Review

I want my money back

S
Simon O.
2 months ago

Wallberg Ltd changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.

Pros: Intuitive for beginners|Fast execution

Cons: Account statements could be more detailed|Wish they had more educational resources

Documents rejected repeatedly

J
John W.
2 months ago

I opened an account with Wallberg Ltd for nearly two years ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Stable platform|Multiple order types|Real-time alerts

Cons: Wish they had more educational resources

They have truly outdone themselves in incompetence

A
Andrea G.
2 months ago

I found Wallberg Ltd after doing extensive research and the initial impression was positive. But since early this year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Economic calendar|Customizable dashboard

Cons: Slow to add new assets|Limited social trading features

Broken promises everywhere

L
Lily C.
4 months ago

After for the past year and a half with Wallberg Ltd I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Segregated accounts|Portfolio tracking tools|Quick verification

Cons: Limited social trading features|Nothing significant

Walked away and never looking back

W
Wyatt F.
4 months ago

My withdrawal from Wallberg Ltd was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for just over a year of being strung along.

Pros: Professional team|Instant funding

Cons: Help articles are sometimes vague

Lost money due to their incompetence

L
Laura C.
5 months ago

Wallberg Ltd advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Reliable uptime|Fast support response|Portfolio tracking tools|Educational resources

Cons: None so far

Does not even meet basic standards

C
Catherine B.
5 months ago

I requested my data from Wallberg Ltd under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Customizable dashboard|Responsive team

Cons: Charting tools need more indicators

Money trap disguised as a service

E
Ella Y.
6 months ago

I trusted Wallberg Ltd with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Intuitive for beginners|Segregated accounts|Great customer service|Regular platform improvements

Cons: Withdrawal takes 1-2 business days|Minor UI glitches occasionally

Bait and switch tactics

N
Natalie J.
7 months ago

I signed up with Wallberg Ltd when my bank disappointed me and I searched for alternatives and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Great customer service|Clear documentation|No hidden fees|Comprehensive tools

Cons: Cannot customize dashboard fully

They do not honor their terms

M
Max X.
7 months ago

I gave Wallberg Ltd a fair chance. After for a couple of months now of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Automated trading options|Fast support response|Quick verification|Low minimum deposit

Cons: No live chat on mobile|Limited demo account features