Banks

Bankinstitut UNITO BANCA

1.5 (12 reviews)
🇨🇭 Switzerland
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1.5
12 reviews
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About Bankinstitut UNITO BANCA

Bankinstitut UNITO BANCA has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Terrible in every aspect

A
Aiden N.
1 months ago

I opened an account with Bankinstitut UNITO BANCA for nearly two years ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Good analytical tools|Competitive fees

Cons: No fractional shares|No dark mode on mobile

Check regulatory status before investing

D
Diana J.
1 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Pros: Information is publicly available for verification

Cons: Flagged by international regulators|Due diligence required

Rock bottom service quality

D
David W.
3 months ago

I had a dispute with Bankinstitut UNITO BANCA and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Multi-currency support|Low minimum deposit|Stable platform

Cons: Slow to add new assets|No phone support on weekends

Unprofessional and unreliable

C
Catherine A.
5 months ago

Bankinstitut UNITO BANCA locked my account without warning and demanded documents I had already submitted. since last summer later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Multiple order types|Market news feed|Educational resources|Good analytical tools

Cons: Inactivity fee applies after 12 months|Live chat only during business hours

Cannot withdraw funds - classic scam

E
Edward A.
5 months ago

I was contacted by Bankinstitut UNITO BANCA through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Professional looking website

Cons: Lost entire investment|Reported to authorities|Unresponsive

My account was compromised and they did nothing

F
Felix Y.
6 months ago

Bankinstitut UNITO BANCA offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Risk management tools|Instant funding|Fast support response|Demo account available

Cons: Minor UI glitches occasionally|No dark mode on mobile

The support team is useless

L
Laura O.
6 months ago

I had high hopes for Bankinstitut UNITO BANCA through my accountant's suggestion, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Regular updates|Low minimum deposit

Cons: Could offer more webinars

Affiliate program does not pay

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Patrick C.
7 months ago

My card was charged twice by Bankinstitut UNITO BANCA on the same day. I had to dispute it with my bank. Bankinstitut UNITO BANCA then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Automated trading options|Easy to use platform|Intuitive for beginners

Cons: Limited cryptocurrency options|Wish they had more educational resources

Red flags everywhere

M
Mark P.
7 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Bankinstitut UNITO BANCA has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Unauthorized firm|Found in IOSCO warnings database

Education is just sales pitch

D
Dean C.
7 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Bankinstitut UNITO BANCA recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Multi-currency support|Real-time alerts|Fast deposits

Cons: Wait times can be long during peak hours|Search feature is basic