WEALTHORA FX has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Tried to withdraw my funds from WEALTHORA FX and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
The mobile app from WEALTHORA FX is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Real-time alerts|Clean UI
Cons: Onboarding videos are outdated|None so far
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. WEALTHORA FX recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Educational resources|Social trading features|API access
Cons: Limited ETF selection|Help articles are sometimes vague
I lost a significant amount because WEALTHORA FX did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Fast support response|Great customer service
Cons: Alert system is basic|Wish they had more educational resources