7 Reasons Why Westmile.pro Is Flagged as a Risky / Scam Investment Platform
7 Reasons Why Westmile.pro Is Flagged as a Risky / Scam Investment Platform
1) Regulator Alert: FCNB – Unregistered in New Brunswick
The Financial & Consumer Services Commission of New Brunswick (FCNB) published a Caution notice on August 26, 2025, stating that Westmile Invest L.P. / westmile.pro is not registered to deal or advise in securities in New Brunswick. They specifically warn that investors should avoid dealing with firms that are not registered because there’s no investor protection.
This is a formal regulatory alert. Being named in such a notice means that there are sufficient concerns to merit public warning.
2) National Securities Regulators Also Issue an Investor Alert
The Canadian Securities Administrators (CSA), via their FCNB branch, issued an alert on August 27, 2025 for Westmile Invest L.P. / westmile.pro. The alert says the same: Westmile is not registered and engaging in securities-type activity that may pose risk to investors.
These alerts indicate that at least in Canada, the platform is viewed by authorities as operating in a high-risk, possibly illegal way.
3) Low Trust Score & ScamAdviser Warning
ScamAdviser’s evaluation of westmile.pro shows a very low trust score. It flags multiple risk signals: masked WHOIS data, hidden ownership, domain relatively new (late December 2024), contact info obscured, etc.
Specifically, ScamAdviser says “exercise extreme caution when using this website.” Low trust ratings and hidden data are classic indicators of platforms potentially trying to avoid scrutiny.
4) Negative User Reviews & Withdrawal Complaints
Trustpilot shows numerous user reviews for Westmile. The average rating is around 2.3-2.4 / 5 stars. Many users report difficulty with withdrawals, delayed access to funds, or being asked for extra unanticipated fees in order to withdraw.
These kinds of complaints line up with what many scam investment platforms do: show profits on screen, but block or complicate withdrawal.
5) Opaque Ownership / Hidden Registrations
Westmile.pro’s ownership and WHOIS data are hidden/“masked.” Scamadviser finds that critical ownership information is redacted under “GDPR masked” status. There are no clear public regulatory documents displayed.
Although Westmile Invest L.P. is a real UK registered limited partnership (Companies House number NL000241, registered 19 April 2016) with address 6 St Colman’s Park, Newry, Northern Ireland. However, key issues remain: the company has never filed accounts with Companies House as per one record and lacks detailed business nature.
Lack of accounts filing or nature of business suggests low transparency.
6) Regulator Warnings Emphasize Lack of Investor Protection
Regulators’ alerts explicitly state that because Westmile.pro is not registered, it has no assurance of investor protection in the jurisdiction issuing the alert. That means clients using the platform have no legal safety net.
Investor protection includes things like dispute resolution, oversight of funds, regulatory recourse. Without it, you’re much more exposed.
7) Risk of Hidden Fee Demands & Reclaim Tactics
Given the pattern of withdrawal issues and misleading promise-of profits, there is a high likelihood that Westmile.pro may use fee demands to block or delay withdrawals. Likely fee schemes include:
- Crypto deposit reclaim (requiring extra fees to release crypto deposits)
- Wire transfer reclaim or similar bank/wire “unlock” fees
- Bank reclaim fee or “processing fees” only revealed at withdrawal time
If you try to withdraw, expect surprise demands. Many user reports suggest this behavior.
These tactics are part of what authorities warn about: when platforms aren’t registered, they often impose these kinds of untransparent fees.
Detailed Main Section
Westmile.pro is currently under significant scrutiny by multiple regulators. The FCNB (New Brunswick) and the broader CSA (Canadian Securities Administrators) have issued investor alerts warning potential users that Westmile Invest L.P. is not registered to operate in securities in the region. Such alerts are important, because registration is often a legal requirement for providing investment or financial advice, managing funds, or operating an investment platform. Without it, there is no guarantee of audits, fund segregation, dispute mechanisms, or legal recourse.
ScamAdviser’s findings compound the risks. The domain was registered recently (December 27, 2024), WHOIS ownership is masked, addresses and contact details are redacted. While having a UK registered company (Westmile Invest L.P., NL000241) provides a veneer of legitimacy — the Companies House records show it’s an active limited partnership based in Northern Ireland — there are substantial gaps: the company is listed with no accounts filed, and no description of business or nature of trade appears in publicly available filings. These omissions reduce transparency severely.
User feedback via platforms like Trustpilot also suggests many people have had negative experiences. Complaints often revolve around inability to withdraw profits, or even initial deposits, plus the emergence of unexpected fees when trying to reclaim withdrawn funds. People report seeing profits on dashboards, but being blocked when trying to move money. This is aligned with common scam behavior: showing virtual or provisional profits, but controlling access to real funds via “reclaim” or processing demands.
More specifically, the presence of masked ownership and low trust scores means if funds are lost, tracing or holding accountable those responsible will be difficult. Hidden ownership is a shield in many fraud operations: if there are no clear officers, addresses, or accountability, it becomes almost impossible for legal action or regulatory enforcement, especially across jurisdictions.
Regulators’ alerts highlighting the lack of registration mean that users likely have no legal protection, which is often the place where many victims realize they can’t reclaim funds juridically. Many scam platforms exploit the lack of registration status by claiming that they are exempt, or operating under some affiliate/regional license — but when searches in official registers (e.g. Canadian or UK regulator databases) show nothing, that’s a red flag.
In many scam cases, after the deposit phase and perhaps some small “proof withdrawals,” the platform begins to request more and more in fees — often fees that are only revealed when the user asks to access profits. These are often labeled “compliance fees,” “taxes,” “bank reclaim fee,” etc. It’s very plausible that Westmile.pro uses such tactics given current pattern of withdrawal complaints. Many users say they see profits but when it comes to withdrawing, they are told fee obligations that weren’t disclosed upfront.
Another danger after investing is that people who can’t withdraw may be approached by “recovery” or “refund assistance” services offering to help recover their money—for a fee. These recovery entities are often themselves scams or untrustworthy. The regulatory alert environment makes this risk real.
All this combines: regulatory red flags, low trust score, hidden ownership, user complaints, and likely hidden fees. That paints a picture of a platform that is not trustworthy.
Conclusion : Why Westmile.pro Should Be Avoided
Westmile.pro (aka Westmile Invest L.P.) shows many of the classic and dangerous traits of untrustworthy investment platforms. The regulatory, user-feedback, and transparency evidence converge toward one conclusion: this platform carries high risk of financial loss for users.
Firstly, the regulatory alerts from FCNB (New Brunswick) and CSA explicitly warn that Westmile.pro is not registered to provide securities services in those jurisdictions. Registration matters because it allows oversight, consumer protection, legal recourse, and ensures that companies operate under certain obligations (like fund separation, audits, fairness). If a firm is not registered, you are trusting an entity that may disregard legal obligations entirely.
Secondly, although Westmile Invest L.P. is a UK company registered in Northern Ireland (Company No. NL000241), the public record reveals that it has never filed accounts, and lacks description of its actual business activities. This raises serious questions about legitimacy and intention. Public filings are a baseline standard of legitimacy and accountability.
Thirdly, the low trust score on sites like ScamAdviser and negative user reviews on Trustpilot paint a picture of user dissatisfaction—especially around withdrawals and unexpected fees. Complaints about inability to access funds, refusal or delay to pay out, and unclear fee disclosures are common. These align with notorious scam patterns.
Fourth, the lack of ownership transparency and masked WHOIS data mean that operating identity, management, and responsibility are obscured. Those features protect the operator, not the user.
Fifth, the likely presence of hidden or surprise fees (crypto deposit reclaim, bank or wire reclaim, etc.) adds risk. If you aren’t told these fees upfront, you may find yourself in a situation where you have to pay additional large sums just to get access to your own money.
Sixth, recovery scam risk is real. After investors face issues with Westmile.pro, some may be approached by entities promising help to reclaim funds—for fees. Often, such “recovery agents” are part of or connected to a broader scam network. Paying them usually leads to even more loss.
Recommendations If You’ve Interacted or Are Considering It:
- Do not deposit more than you can afford to lose, especially if you foresee no ability to verify the withdrawal conditions.
- Try with a small deposit first and request a small withdrawal—see if the platform grants it without unexpected fees.
- Document every interaction: screenshots of promises, fees, terms, withdrawal requests. This helps if you need to dispute with payment processor or regulator.
- Contact your bank / payment provider about possible chargeback or disputed transaction if funds are withheld or suspicious fees demanded.
- Report to regulators in your country and in the platform’s claimed jurisdiction. In this case, reports to Canadian securities authorities and regulators are already in motion.
Bottom line: Westmile.pro has been officially flagged, has a low trust score, lacks transparency, and shows signs of hidden fee demands. All this makes it a platform with high potential for fraud. Unless they disclose verifiable regulation, make their fee structure completely transparent, and resolve user withdrawal issues reliably, it should be considered unsafe. If you are involved, act with urgency to protect your funds.
