Marked as
Published - December 11, 2025
User Score
Trust Score
Brand Score
World Broker is a purported international brokerage firm founded and led by Italian trader Enrico Devito, offering services in forex, stocks, options, cryptocurrencies, and sports betting, with claims of proprietary strategies to outperform benchmarks since 1993.
CEO
Medium Risk
Based on the available data, we suggest consumers approach this Company with caution.
This advisory is based on a medium-risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.
You may face moderate risks when engaging in consumer-related activities with this entity.
Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.
This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.
Employment with this entity may involve moderate risks.
Based on the available data, we recommend investors and bankers proceed with caution regarding this Company.
This advisory is informed by a medium-risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.
Financial involvement with this entity may carry moderate risks to your interests.
Safe to Onboard
Enhanced Due Diligence required
Do Not Onboard
Monitor adverse media every 6 months
File SAR (Suspicious Activity Report) is warranted
Escalation to compliance committee
None
Owner
Established
Jurisdiction
Headquarters
Category
Primary UBO Jurisdiction
Secondary UBO Jurisdiction
OFAC Civil Penalty 2023
FinCEN Statement of Facts
Ongoing SEC Civil Fraud
CEO Criminal Indictment
Chairman PEP Status
Panama Papers Exposure
Dubai DFSA Fine 2022
Cyprus Securities Fine 2024
Chapter 11 Bankruptcy
Post-Bankruptcy Debt
Banking Relationships Terminated
Current Banking Restrictions
Suspicious Activity Reports
World Broker is not regulated by any top-tier financial authority, making it an unsafe choice for investors and increasing the risk of fund loss.
World Broker is accused of blocking client withdrawals and imposing hidden fees to prevent access to invested funds.
Reviews claim that World Broker manipulates account balances through sudden “cash adjustments” and wide spreads to wipe out profits and deplete client funds.
World Broker provides unresponsive and disrespectful customer support, ignoring complaints and failing to resolve deposit or withdrawal issues promptly.
World Broker allegedly uses false promises of bonuses and high-profit opportunities to lure clients into depositing more money before engaging in fraudulent activities.
Victims report that World Broker operates under multiple similar names like Wealth World Brokers to evade detection while scamming clients out of thousands of dollars.
Regulatory and Compliance Screening
Litigation and Legal Proceedings
Reputational and Adverse Media Risks
Geographic and Jurisdictional Risk
What you see here scratches the surface
We offer reward for actionable intel
Enrico Devito Draws Heavy Criticism for Reported Extortion and Financial Misconduct Across Europe and the UAE
First Detected
Sentiment Analysis
Reach
POV
Risk Factor
Type
Traffic Source
SERP
Share of Voice
Primary Keyword
Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.
Known Assets: [Real estate, investments, companies]
Suspicious Transactions
Liabilities: [Bankruptcies, defaults, debts]
Wealth Sources: [Legitimate / Unclear / High-risk]
Bank Relationships
Ultimate Beneficial Owner(s) (UBOs)
Shareholding structure
Associated entities & subsidiaries
Offshore / shell company links
Trusts / Nominee arrangements
Business Model Assessment
All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.
1.7
2
2.3
Highly experienced
Well-recognized name
Faced allegations of scamming others
Allegedly sold fake silver
Sued multiple times
Unregulated industry
Alarming number of complaints online
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Customer accounts claim that the platform manipulates account balances through sudden “cash adjustments” and wide spreads, which can artificially erase profits and diminish client assets.Reviews and reports describe unresponsive and disrespectful customer support, with complaints frequently ignored or inadequately addressed during deposit or withdrawal disputes.
1/5
2/5
3/5
World Broker is assessed as a medium‑risk company for consumers, employees, and investors, with risk tracking data recommending caution due to multiple adverse indicators uncovered in open‑source investigations.The firm is reported to operate without regulation by any recognised financial authority, a significant red flag in the financial services sector and a factor that increases the risk of fund loss for traders.
The company’s founder and CEO attribution and minimal transparent corporate information contribute to opacity in ownership and governance, undermining investor confidence.World Broker has accumulated numerous online complaints relating to trust, execution quality, account management, and loss of funds, which detract from its credibility as a brokerage choice.
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