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.
The only good thing about Wallberg Ltd is that they remind you why regulation matters. I found them after seeing their ad online. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Detailed reporting|Economic calendar
Cons: Charting tools need more indicators
I had a dispute with Wallberg Ltd and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Portfolio tracking tools|Segregated accounts
Cons: Limited cryptocurrency options|Charting tools need more indicators
I have been trying to close my account with Wallberg Ltd for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Social trading features|Smooth onboarding
Cons: Website design could be more modern
The platform itself is okay, but the customer service at Wallberg Ltd is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Portfolio tracking tools|Educational resources|API access|Full transparency
Cons: Website design could be more modern|Cannot customize dashboard fully
I referred a friend to Wallberg Ltd through a podcast recommendation. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Comprehensive tools|Intuitive for beginners
Cons: Minor UI glitches occasionally|Nothing significant