Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
9/10 · CriticalNo licence on any register while taking client deposits, absent from the NFA register, and registered in a jurisdiction that issues no forex licences.
Identity & transparency
8/10 · CriticalNamed entity and Dubai address are published but neither the company nor its registration number appears on the Saint Lucia registry, and the operators have since gone silent.
Withdrawals & conduct
8/10 · CriticalFund-integrity complaints on two platforms clustered in March to June 2025, all describing a withdrawal declared paid that never reached the client's bank.
Reputation
8/10 · Critical2.5 of 5 on Trustpilot with 73% one-star and 1.3 of 5 on reviews.io, unanswered by the company, with two apparently planted five-star reviews.
Website claims
7/10 · HighReported to have presented itself as NFA overseen when it has never been registered, alongside a 3,000 dollar bonus and 1:500 leverage marketing; we could not read the pages ourselves.
Operational history
8/10 · CriticalAt most 2 years 10 months old on the domain, company undatable, and the operation is now abandoned with clients still complaining.
Who they are
A quick desk file on the company behind the brand.
- Brand: Walfiner
- Legal entity: Walfiner.LTD
- Registered: Saint Lucia, registration number given as 2023-00518. We could not confirm this on the public registry.
- Office address published: Level 03, Boulevard Plaza Tower One, Sheikh Mohammed Bin Rashid Boulevard, Downtown Dubai, United Arab Emirates
- Contact number published: +971 4 455 8797
- Website: walfiner.com, registered 11 October 2023, currently offline
- Only licence: None. No financial regulator anywhere lists this firm.
- Offers: Forex, indices, energy, metals and crypto CFDs on MT5 and cTrader, leverage up to 1:500, minimum deposit 15 US dollars, a bonus of up to 3,000 US dollars
- Not accepted: No restricted-country list could be read, because the site is no longer available
- Age claim: The company is described as established in 2023, which matches the domain age. We found no inflated history claim.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
National Futures Association
Registry of Companies and Intellectual Property, Saint Lucia
Why we reached this verdict
How the evidence adds up.
Three things decided this, and none of them depends on the broker's marketing.
- No licence, anywhere. We searched the National Futures Association register by firm name on 29 August 2026 and it returned zero results, with the register's own note that such a firm has never been registered with the CFTC. This matters because a third-party broker directory records that Walfiner presented itself as overseen by that body. Saint Lucia, the stated place of registration, issues no forex licences at all, so nothing there could substitute.
- Clients report money that did not come back. Between March and June 2025, reviewers on Trustpilot and on reviews.io describe the same mechanism: a withdrawal the company insisted had been sent, which the client's bank confirmed never arrived. Others put it more bluntly and call the operation a thief. That is a fund-integrity pattern, not a complaint about spreads or support.
- The operation then disappeared. The domain still resolves, but the server no longer accepts connections. Trustpilot has recorded no review of any kind in the past twelve months. One reviewer in June 2025 wrote that the company had deleted its entire Telegram channel and changed its name. A business that stops answering the door immediately after a run of withdrawal complaints is the pattern of an exit, not of a quiet retirement.
We want to be straight about two limits. The web archive was unavailable throughout this run, so we could not read Walfiner's own pages as they last stood, and we could not photograph its licence wording ourselves. And several of the reviews.io complaints are wrapped in advertising for fund-recovery firms, which is a known way of manufacturing complaints, so we discounted their detail and leaned on the pattern rather than the specifics. The verdict rests on the register searches and the abandoned site, which do not depend on any review being genuine.
The track record figure is an upper bound. The domain is 2 years and 10 months old, and we could not date the company on any registry, so the operation is at most that old and may be younger.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The US National Futures Association register returns zero results for Walfiner, with the register's own note that such a firm is not and has not been registered with the CFTC.
E2The Saint Lucia public company registry holds no record for the name Walfiner.
E3The same Saint Lucia registry holds no record for the claimed registration number 2023-00518.
E4Trustpilot records 2.5 out of 5 from 11 reviews, 73% of them one star, and no reviews at all in the last twelve months. Complaints dated April to June 2025 describe withdrawal problems and call the operator a thief, and one states the company deleted its Telegram channel and changed its name.
E5Reviews.io records 1.3 out of 5 from 24 reviews with 8% recommending. Two reviews dated 23 and 30 June 2025 describe waiting two weeks for a withdrawal that the company said was completed while the client's bank confirmed nothing was ever received.
E6The domain walfiner.com was created on 11 October 2023 and is registered through PDR Ltd with Cloudflare nameservers, making the operation about two years and ten months old.
E7The domain still resolves to the address 78.159.113.48, but the server no longer accepts connections, so the trading site is effectively gone while the registration remains alive until 2027.
E8The hosting address serves only generic control-panel hostnames and no other broker brands, so there is no sign this site sat inside a wider network of related operations.
E9An independent broker review site records Walfiner as unregulated and suspected inactive, notes that Saint Lucia does not license forex trading, and concludes the operation appears to be a scam.
E10The same review site answered a public question about Walfiner in September 2024 by stating it believed the broker to be a scam, citing offshore registration and an unverified UAE presence.
E11A sweep of the international alert network and the UK, US, Italian, German, Belgian and Swiss warning lists found no entry naming Walfiner or its domain, so no authority has published a finding against it.
The other side
The strongest case in this broker’s favour.
The fair case for Walfiner, and what we did to test it.
- An offshore licence is not automatically fraud. Hundreds of real brokers work under weak offshore regimes. But Walfiner does not have even that. We found no licence on any register, weak or strong.
- A dead website can just mean a failed business. This was the strongest innocent explanation and we took it seriously. What defeats it is the timing: the complaints about unpaid withdrawals come immediately before the site goes quiet, rather than tapering off the way a wind-down does.
- Some of the complaints are not trustworthy. That is true, and it cuts in Walfiner's favour. Several reviews exist mainly to advertise recovery services, and two of them use near-identical wording. We set their detail aside.
- There are positive reviews. Two five-star Trustpilot reviews call the broker safe and reliable, and one user comment praises its execution. Both Trustpilot accounts have posted exactly one review in their lifetime and offer only generic praise, which is the usual shape of planted feedback rather than evidence of happy clients.
- No regulator has named it. We swept the international alert networks and the UK, US, Italian, German, Belgian and Swiss warning lists and found no entry for Walfiner or its domain. No authority has published a finding against this firm, and we have not treated its absence as a hit.
- It is not impersonating anyone. Walfiner is a coined name on its own domain. We found no real company whose identity, licence number or address it borrowed, so nobody else's reputation is caught up in this.
What would change this
What we would need to see to revise the verdict.
Concrete things that would move this verdict.
- A current entry for Walfiner.LTD on the register of any real financial regulator, showing a dealing licence in force, would drop the regulation score sharply and reopen the whole assessment.
- A Saint Lucia registry extract showing company 2023-00518 in good standing, with a matching address, would settle the corporate side and raise our confidence in who is behind it.
- Evidence that the withdrawals were eventually paid, such as bank confirmations from the clients who complained, would remove the most serious finding.
- The site returning with the same legal entity, the same client accounts and an orderly explanation of the outage would argue against an exit and for an ordinary business interruption.
- Conversely, a regulator warning naming walfiner.com, or a documented demand for an extra payment before releasing funds, would push this to a confirmed scam.
- Identifying the successor brand the June 2025 reviewer referred to, and tying it to the same people or infrastructure, would carry this history onto that new name.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
NFA BASIC register (search Firm Name: Walfiner)
The US futures register. Searching Walfiner here returns no results.
Saint Lucia Registry of Companies, name search
The public company register. It holds no record under this name.
Saint Lucia Registry of Companies, number search
The same register searched by the claimed registration number, also with no record.
Trustpilot reviews for walfiner.com
Per-domain review page showing the rating and the complaint dates.
Domain registration record for walfiner.com
Registry record confirming the domain was created on 11 October 2023.
Frequently asked questions
Quick answers about this broker’s safety.
Is Walfiner a scam?
In our assessment it very likely is, and we rate the risk at 81%. It took deposits without a licence from any financial regulator, clients reported withdrawals that were never actually paid, and the website has since stopped responding altogether.
Is Walfiner regulated?
No. We found no licence on any regulator's register. We searched the US National Futures Association register on 29 August 2026 and there is no record of the firm. Saint Lucia, where it says it is registered, does not license forex brokers at all.
Walfiner said it was overseen by the National Futures Association. Was that true?
No. The NFA register returned zero results for Walfiner and states that such a firm has never been registered with the CFTC. Any claim of NFA oversight was false.
Does a Saint Lucia registration protect my money?
No. Registering a company in Saint Lucia is a corporate formality, roughly like registering a business name. It involves no supervision of client funds, no capital requirements and no compensation scheme. It is not a forex licence.
Can I still withdraw my money from Walfiner?
The website is offline and no longer accepts connections, so there is no working way to place a withdrawal request. If you hold a balance, your realistic routes are a chargeback or payment recall through your bank and a report to your national authorities.
Why is the Walfiner website down?
The domain still exists but the server no longer answers. It went quiet after a run of withdrawal complaints in the first half of 2025. One client wrote in June 2025 that the company had deleted its Telegram channel and changed its name.
How old was Walfiner?
The domain walfiner.com was registered on 11 October 2023, which makes it about two years and ten months old. We could not date the company on any registry, so that figure is an upper bound and the operation may be younger.
Is Walfiner a clone of another broker?
No. We found no evidence that it copied another company's name, licence number or registered address. It traded under its own coined brand on its own domain, so this is not an impersonation case.
Has any regulator issued a warning about Walfiner?
Not that we could find. We checked the international alert network and the UK, US, Italian, German, Belgian and Swiss warning lists and found no entry. Warning lists often lag, so this is not a clean bill of health.
What do the reviews actually say?
Trustpilot shows 2.5 out of 5 across 11 reviews, with 73% at one star and none in the last twelve months. Reviews.io shows 1.3 out of 5 across 24 reviews with only 8% recommending. The recurring theme is a withdrawal the company said it had sent that the client's bank never received.
Can I trust the positive reviews of Walfiner?
We would not lean on them. The two five-star Trustpilot reviews come from accounts that have written exactly one review ever and offer only generic praise, which is the standard pattern for planted feedback rather than genuine customers.
Someone offered to recover my funds from Walfiner. Should I pay them?
No. Several reviews of this broker exist mainly to advertise recovery firms, and paying an upfront fee to a recovery agent is a common follow-up scam aimed at people who have already lost money. Work through your bank and the authorities instead, which costs nothing.
What should I check before depositing with any broker?
Take the licence number from the broker's own site and type it into the regulator's public register yourself. Confirm the entity named on the register is the same one that will hold your money, check the licence permits dealing rather than only advice, and check how old the domain is.
What we recommend
The practical takeaway from everything above.
If you have money with Walfiner, or are being invited to deposit, treat this as urgent.
- Do not send any further funds, and be especially wary of anyone asking for a fee, tax or verification payment to release a balance. That request is itself the scam.
- If you deposited by card or bank transfer, contact your bank or card issuer now and ask about a chargeback or a payment recall. Two clients reported that their bank had no record of any incoming payment despite the company saying it had been sent, so your bank's own trace is worth requesting.
- Gather your evidence while you still can: account statements, deposit receipts, chat logs and the wallet addresses or bank details you paid to.
- Report it to the financial regulator and the police in the country you live in. Because the firm holds no licence, there is no ombudsman or compensation scheme to fall back on.
- Ignore anyone who contacts you offering to recover your funds for an upfront fee. Several reviews of this broker are themselves adverts for such services, and they are a second scam aimed at the same victims.
- Before using any replacement broker, check its licence number directly on the regulator's own register rather than trusting a badge on its website.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 29, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.