Is wetradeprofx.com a scam?
'LIKELY SCAM'
Risk: HIGH
Website Screenshot
Overview
Multiple substantial red flags, including newly registered domain, hosting in a high-risk jurisdiction, and likely fabricated claims of global financial licenses. This aligns with common tactics in crypto pig-butchering scams.
Why We Think This Is A Scam
Domain created about 2 hours ago, yet claims established global regulation and multiple licenses.
Registrar and host both in China (Aliyun/AliCloud), a frequent choice for scam infrastructure due to lower enforcement and high abuse rates.
Prominently claims regulation by multiple major financial authorities (ASIC, CySEC, Labuan FSA, Seychelles FSA, SVGFSA) immediately on launch—an extremely common pig-butchering tactic.
No verifiable business details, contact information, or company registration numbers beyond unverifiable and easily fabricated license numbers.
Fake or misleading partnership reference in the title ('WeTrade × Paris Saint-Germain'), a common technique to falsely enhance legitimacy.
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Registration Info
Registrar:Alibaba Cloud Computing Ltd. d/b/a HiChina (www.net.cn)
Registered:2026-02-03
Hosting Info
Provider:Aliyun Computing Co., LTD
Location:CN
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