Cryptocurrency Exchanges

Crown Bankers

1.6 (11 reviews)
🇳🇿 New Zealand
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1.6
11 reviews
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About Crown Bankers

Crown Bankers has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". FMA urges caution for any investors dealing with Crown Bankers. This unregistered entity offers investment plans while falsely promoting itself as being compliant with New Zealand regulations.

CrownBankers.com offers investment plans in areas such as solar energy (including ownership of solar p... 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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No ESG or ethical investing options

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William V.
3 months ago

KYC with Crown Bankers is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Copy trading available|Stable platform

Cons: Nothing significant

Statement errors every month

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Emma E.
5 months ago

After for just over a year with Crown Bankers 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: Regular platform improvements|Helpful community forum|Good analytical tools

Cons: No integrated tax optimization|No phone support on weekends

Stay far away from this company

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James S.
9 months ago

I want to warn everyone about Crown Bankers. 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: Professional looking website

Cons: Blocked my account|No legitimate license|Fake returns

Do your due diligence first

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Richard L.
9 months ago

For anyone considering Crown Bankers, please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Pros: Information is publicly available for verification

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Requotes on every order

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Harry B.
11 months ago

What really bothers me about Crown Bankers is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a financial advisor and I fell for the polished exterior. Never again.

Pros: Detailed reporting|Economic calendar

Cons: None so far

Checked with regulators - they're not licensed

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Michael I.
12 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Crown Bankers 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.

Pros: Website looks legitimate on the surface

Cons: Unauthorized firm|Found in IOSCO warnings database

Reviews on their site are fabricated

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Michael D.
1 years ago

The only good thing about Crown Bankers is that they remind you why regulation matters. I found them when my bank disappointed me and I searched for alternatives. 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: Intuitive for beginners|Great customer service|Easy withdrawals|Comprehensive tools

Cons: Spreads widen during volatile periods|Wish they had more educational resources

Fraudulent fee structure

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Leah S.
1 years ago

The mobile app from Crown Bankers 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: Fast support response|Wide product range|Segregated accounts

Cons: Limited social trading features

Incompetent on every level

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Charles P.
1 years ago

I referred a friend to Crown Bankers after seeing their ad online. 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: Regular platform improvements|Intuitive for beginners|Low minimum deposit|Customizable dashboard

Cons: Some tools only available on higher tiers|No crypto staking

This company needs to be investigated

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Owen M.
1 years ago

I had high hopes for Crown Bankers after seeing their ad online, 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: Market news feed|Regular updates

Cons: Minimum deposit could be lower|None so far