Climax Wealth (climax-wealth.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 15/100 Edward St, Brisbane City QLD 4000, Australia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: climax-wealth.com.
My card was charged twice by Climax Wealth (climax-wealth.com) on the same day. I had to dispute it with my bank. Climax Wealth (climax-wealth.com) 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: Dedicated account manager|Good analytical tools
Cons: Minimum deposit could be lower
Customer support at Climax Wealth (climax-wealth.com) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: API access|Tax reports included|Risk management tools
Cons: Withdrawal takes 1-2 business days
I joined Climax Wealth (climax-wealth.com) after seeing their ad online and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Two-factor authentication|Educational resources|Intuitive for beginners|Transparent fees
Cons: Limited social trading features
The reporting at Climax Wealth (climax-wealth.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Transparent fees|Helpful community forum|Easy withdrawals
Cons: Would like more payment methods
The only good thing about Climax Wealth (climax-wealth.com) is that they remind you why regulation matters. I found them while looking for alternatives to my previous provider. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Detailed reporting|Educational resources|Good analytical tools
Cons: Withdrawal takes 1-2 business days|Slow to add new assets
After for the past six months with Climax Wealth (climax-wealth.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Quick verification|High security standards|Social trading features|Easy to use platform
Cons: Wish they had more educational resources
Climax Wealth (climax-wealth.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Dedicated account manager|Demo account available|Fast deposits
Cons: Limited demo account features
Climax Wealth (climax-wealth.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Easy withdrawals|Good mobile app|Excellent charting|Multi-currency support
Cons: Search feature is basic
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Climax Wealth (climax-wealth.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Great customer service|Tax reports included|Fast support response|Helpful community forum
Cons: Minor UI glitches occasionally|No integrated tax optimization
My withdrawal from Climax Wealth (climax-wealth.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since mid-2025 of being strung along.
Pros: Dedicated account manager|Good analytical tools|Portfolio tracking tools
Cons: Limited cryptocurrency options