wrpro.com has been flagged by Cyprus Securities and Exchange Commission 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. Website domain: wrpro.com.
wrpro.com seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Good mobile app|Multiple order types
Cons: Website design could be more modern|Search feature is basic
The hidden fees at wrpro.com are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Reliable uptime|Customizable dashboard|Clear documentation
Cons: Withdrawal takes 1-2 business days|Desktop app not available on Linux
I wanted to transfer my portfolio from another broker to wrpro.com. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Good analytical tools|Clear documentation|No hidden fees|Segregated accounts
Cons: Cannot customize dashboard fully
What really bothers me about wrpro.com is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through my accountant's suggestion and I fell for the polished exterior. Never again.
Pros: Low minimum deposit|Demo account available|Dedicated account manager
Cons: Limited demo account features|Currency conversion fee exists
After for a couple of months now with wrpro.com, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Quick verification|Wide product range
Cons: Research section could be deeper
I signed up with wrpro.com after attending a webinar they hosted 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: API access|Helpful community forum
Cons: Minor UI glitches occasionally|Some tools only available on higher tiers
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. wrpro.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Market news feed|Excellent charting
Cons: Wish they had more educational resources|Cannot customize dashboard fully
For anyone considering wrpro.com, please be aware that this company has been flagged by Cyprus Securities and Exchange Commission. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
If you are reading this considering wrpro.com - run. I wish I had read more negative reviews after a friend recommended them. I thought the positive ones were real. Maybe some are. My experience over for just over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Regular platform improvements|Great customer service
Cons: Wait times can be long during peak hours|Email notifications too frequent
Several red flags with wrpro.com: (1) They promise unrealistically high returns, (2) They're not registered with Cyprus Securities and Exchange Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database