Bitcoineer New Zealand has been flagged by Financial Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The mobile app from Bitcoineer New Zealand is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Excellent charting|Segregated accounts|Demo account available
Cons: Cannot customize dashboard fully|Mobile app could be improved
Do not be fooled by the professional-looking website. Behind the scenes, Bitcoineer New Zealand is disorganized and incompetent. I found them through a podcast recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: High security standards|Two-factor authentication|Smooth onboarding
Cons: Website design could be more modern|No crypto staking
My card was charged twice by Bitcoineer New Zealand on the same day. I had to dispute it with my bank. Bitcoineer New Zealand 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: Dividend tracking|Multi-currency support
Cons: Limited demo account features
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.
Cons: Flagged by international regulators|Due diligence required
The platform at Bitcoineer New Zealand is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since early this year of dealing with this, I have had enough.
Pros: Instant funding|Excellent charting
Cons: Nothing significant|Some tools only available on higher tiers
I experienced a security concern with my Bitcoineer New Zealand account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Fast execution|Multi-device support|Excellent charting|Reliable uptime
Cons: Desktop app not available on Linux
If you are reading this considering Bitcoineer New Zealand - run. I wish I had read more negative reviews from a review site like this one. I thought the positive ones were real. Maybe some are. My experience over for a few weeks now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Automated trading options|Fast execution|Regular platform improvements
Cons: Limited social trading features|Spreads widen during volatile periods
The so-called education at Bitcoineer New Zealand is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since last summer thinking they would help me learn.
Pros: Excellent charting|Responsive team|Dedicated account manager
Cons: Limited ETF selection
I want to warn everyone about Bitcoineer New Zealand. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
I referred a friend to Bitcoineer New Zealand after attending a webinar they hosted. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Comprehensive tools|Dedicated account manager|Fast deposits
Cons: Limited demo account features