Crypto Cash 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.
I have been trying to close my account with Crypto Cash New Zealand for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Social trading features|Multi-currency support
Cons: Search feature is basic
Crypto Cash New Zealand 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: Multiple order types|Tax reports included|Risk management tools|Low minimum deposit
Cons: No dark mode on mobile|Limited cryptocurrency options
Crypto Cash New Zealand seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Segregated accounts|Demo account available|Social trading features|Competitive fees
Cons: Spreads widen during volatile periods|Minor UI glitches occasionally