Digital Wealth Trade has been flagged by Financial Conduct Authority for "Unauthorised". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: digitalwealthtrade.com.
I signed up with Digital Wealth Trade after seeing their ad online and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Intuitive for beginners|Automated trading options
Cons: Spreads widen during volatile periods
Digital Wealth Trade 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: Risk management tools|Good mobile app
Cons: Wish they had more educational resources
The so-called education at Digital Wealth Trade 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 for about ten months thinking they would help me learn.
Pros: Personal attention|Dedicated account manager|Segregated accounts
Cons: Onboarding videos are outdated|Charting tools need more indicators
After spending since mid-2025 trying to make Digital Wealth Trade work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Dividend tracking|High security standards
Cons: Limited demo account features|Alert system is basic
The platform itself is okay, but the customer service at Digital Wealth Trade is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Easy withdrawals|Fast execution|Easy to use platform
Cons: Alert system is basic
I requested my data from Digital Wealth Trade under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Demo account available|Dividend tracking|Reliable uptime|Helpful community forum
Cons: Desktop app not available on Linux
Do not believe the bonus offer from Digital Wealth Trade. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through word of mouth in my investment club and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Educational resources|Multi-currency support
Cons: Email notifications too frequent|Limited cryptocurrency options
Digital Wealth Trade 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: Regular updates|Two-factor authentication
Cons: No fractional shares
Do not use Digital Wealth Trade for anything serious. I used them for about three months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Demo account available|Wide product range
Cons: Limited ETF selection
Tried to withdraw my funds from Digital Wealth Trade and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: Cannot withdraw funds|Not regulated|Pressure tactics