A Critical Look at Wealth Advisory

Wealth Advisory presents itself as a comprehensive brokerage service provider, offering traders access to a wide range of trading instruments and platforms. However, despite its ambitious claims, the company exhibits significant shortcomings in usability and reliability. This review critically examines key areas where Wealth Advisory fails to deliver, including regulation, security, and trading fees.

What Do We Know About the Broker?

Wealth Advisory claims to have been operating since 2012, boasting impressive achievements and glowing client reviews. However, these claims appear to be baseless. There are no credible reviews or expert analyses of the company available online, which is highly suspicious.

Using WHOIS, it was revealed that the domain wealth-advisory.pro was only registered in late July of this year. This timeline aligns with the absence of authentic client feedback—users have not yet realized they are dealing with another fraudulent operation.

Of the listed customer support options, only the email address is functional. However, email is a one-way communication method. If the scammers choose to ignore your queries, there’s no way to compel them to respond.

Is Wealth Advisory Legitimate?

The broker claims to adhere to strict regulatory standards, asserting it holds a license in Switzerland. However, FINMA, the Swiss financial regulator, has no record of this company.

Additionally, Wealth Advisory claims to be licensed in Australia under ASIC and operates under the name W Advisory Pty Ltd. While such an entity does exist in ASIC’s registry, there is no evidence linking it to Wealth Advisory. Fraudsters often exploit publicly accessible license registries to misappropriate legitimate company data. Moreover, the genuine W Advisory Pty Ltd operates under a completely different website, further discrediting Wealth Advisory’s claims.

Trading Conditions

Wealth Advisory advertises the following features:

• Minimum deposit: $250
• Personal account manager
• Risk management strategies and recommendations
• Educational sessions
• Access to over 1,500 financial assets
• Zero commissions
• Depending on the account type, additional perks may include risk-free trades, practical training, high leverage, and managed account services.

However, there are no user reviews confirming the platform’s profitability or withdrawal processes. Furthermore, the broker does not disclose payment methods or fees, suggesting that conditions may be arbitrarily changed to avoid paying clients.

User Reviews

At the time of writing this review, no trader reviews are available for Wealth Advisory. This works to the scammers’ advantage, as they can easily mislead newcomers and promote their fraudulent services. If you have dealt with this company, please leave a review to help expose the truth and protect others from falling victim to their schemes.

Fraudulent Scheme

Wealth Advisory misleads its registered users by simulating trading activities. Without real access to liquidity providers, the platform creates the illusion of trades. As soon as a substantial amount of money is deposited into an account, users are locked out, and their funds are seized.

Complaints and demands for justice will fall on deaf ears. The scammers will simply stop communicating with the defrauded trader.

Summary

Wealth Advisory raises serious concerns as a suspected scam disguising itself as a legitimate broker. The company frequently attracts clients by promising high returns through “expert” financial management and exclusive investment opportunities. However, once funds are deposited, clients often face hidden fees, difficulties withdrawing money, and pressure to invest even more.

The lack of transparent regulation, vague contact details, and absence of accountability make it nearly impossible for clients to recover their funds or hold anyone responsible. As such, Wealth Advisory is a high-risk, fraudulent broker that primarily targets inexperienced investors. Avoid it at all costs.