Echo Wealth AI 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 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. Echo Wealth AI said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Risk management tools|Great customer service|Real-time alerts|Good mobile app
Cons: Website design could be more modern
I have been trying to close my account with Echo Wealth AI 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: Regular updates|Multi-device support|Low minimum deposit
Cons: Alert system is basic|Onboarding videos are outdated
Customer support at Echo Wealth AI 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: Detailed reporting|Economic calendar|Fast support response|Regular platform improvements
Cons: Live chat only during business hours
After seeing ads for Echo Wealth AI online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises
The spread at Echo Wealth AI is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after reading several online reviews and initially thought the platform was good - until I started trading seriously.
Pros: Good analytical tools|Excellent charting|Regular updates
Cons: Wait times can be long during peak hours
I was contacted by Echo Wealth AI through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
The only good thing about Echo Wealth AI is that they remind you why regulation matters. I found them after hearing about them at a conference. 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: Market news feed|Quick verification
Cons: Limited social trading features
I opened an account with Echo Wealth AI since I retired last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Low minimum deposit|Clean UI|Fast support response|Instant funding
Cons: Minor UI glitches occasionally