Skip to main content
← Back to Broker Directory
BV-SG106 // EXCHANGE // SG / MAS WARNING

WBF Exchange Review

Added to MAS Investor Alert List.

STATUS: REVOKED
Established Unknown · First audit 2026-03-30 · Last audit 2026-03-30
Forensic Trust Index v1.0
1.5/ 5.0D
Grade D · High risk
Evidence coverage
55% · 2/6 pillars
Sources cited
2
Assessed
2026-03-30
Basis
Public record
Read the full rubric →
// What Drives This Score
Regulatory authorisation
No authorisation found
55%
Regulator warnings
One regulator warning
45%

Scored on 2 of 6 pillars; unevidenced ones are dropped, not failed. Why →

// The Evidence Behind Each Pillar

Regulatory authorisation

No authorisation found · 55% of score

No licence located on any register covering the markets it solicits.

Listed by Monetary Authority of Singapore on 2026-03-30.

  • Regulator warning list
    WBF Exchange is named on the Investor Alert List. The regulator states the firm is not authorised to provide financial services and advises the public not to deal with it.
    Monetary Authority of Singapore · Investor Alert List · checked 2026-03-30 · open source ↗

Regulator warnings

One regulator warning · 45% of score

Named on one national warning list.

  • Regulator warning list
    WBF Exchange is named on the Investor Alert List. The regulator states the firm is not authorised to provide financial services and advises the public not to deal with it.
    Monetary Authority of Singapore · Investor Alert List · checked 2026-03-30 · open source ↗

Every link above goes to the publishing authority, not to us. Check them.

// Reports From Readers — Second Tier

No first-hand reports on WBF Exchange yet. We publish no invented testimonials, so this stays empty until real ones arrive — the form below is where they go.

// Full Independent Review

01Our Verdict on WBF Exchange

WBF Exchange is a crypto exchange associated with SG / MAS WARNING, with no established founding date on record. WBF Exchange scores 1.5 out of 5.0 on the Forensic Trust Index — grade D, high risk — assessed on 2026-03-30 against 2 cited sources. Our finding in one line: Added to MAS Investor Alert List.

The record is bad enough that we would not deposit here under any circumstances. If you already have money on the platform, try to withdraw it now. That verdict is a reading of documents, not a prediction — every one of them is linked in the evidence panel above, and you are meant to check them rather than trust us.

02What the Record Establishes

On 2 of the six pillars there are documents that settle the question for WBF Exchange: regulatory authorisation — no authorisation found; regulator warnings — one regulator warning. Those come from Monetary Authority of Singapore, cited in full with links in the evidence panel above — that panel is the review; this is its summary.

03What We Could Not Establish

Nothing in the public record settles enforcement and litigation, client money protection, corporate transparency and operating record for WBF Exchange. Those pillars go unscored, so WBF Exchange's 1.5 rests on 55% of the rubric — a narrower claim than the same figure carrying all six. Hold a document that closes one of these gaps? Send it, and the score moves.

04If You Have Money With WBF Exchange

Send nothing further — no release fee, tax, or verification deposit. Screenshot your balance, history and messages now. Then call your bank and say the word fraud; chargeback windows close in weeks. The step-by-step version is in the guides below.

// Guides
// Review Updates
2026-03-30
ANALYST_MAS

Officially flagged by the Monetary Authority of Singapore (MAS).

// Company Information
OWNERSHIP

Unknown

BANKING_LAYER

Unregulated

OFF_BOOK_RISK

Unlicensed entity.

PROMOTIONAL_ACTIVITY

Warning issued by MAS.

// Leave a Review
Have you used WBF Exchange? Share your experience to help other investors. Your review helps us keep our information accurate and up to date.
Your rating
select
By submitting, you confirm this is a first-hand account. False reports are removed and flagged.
// Other companies in EXCHANGE