Earn and Wealth world wides has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Earn and Wealth world wides recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Dividend tracking|Personal attention|Detailed reporting
Cons: Minimum deposit could be lower
My withdrawal request from Earn and Wealth world wides has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Tax reports included|No hidden fees
Cons: Slow to add new assets|Email notifications too frequent
Do not believe the bonus offer from Earn and Wealth world wides. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after attending a webinar they hosted and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: High security standards|Low minimum deposit
Cons: Limited demo account features
I am in a dispute with Earn and Wealth world wides over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Fast deposits|Multi-device support|Comprehensive tools|Transparent fees
Cons: No phone support on weekends
Customer support at Earn and Wealth world wides 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: Multi-currency support|Easy withdrawals|Intuitive for beginners|Detailed reporting
Cons: Currency conversion fee exists
KYC with Earn and Wealth world wides 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: Automated trading options|Risk management tools|Social trading features
Cons: Mobile app could be improved
My withdrawal from Earn and Wealth world wides 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. for nearly two years of being strung along.
Pros: Great customer service|Excellent charting|Educational resources
Cons: Limited demo account features
The hidden fees at Earn and Wealth world wides are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Intuitive for beginners|Great customer service|Easy withdrawals
Cons: Account statements could be more detailed
I looked into Earn and Wealth world wides and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Earn and Wealth world wides is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: Cannot withdraw funds|Not regulated|Pressure tactics