Ecovexco Investment Group has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 832 699 0282, +(44) 7443987183
Addresses: 10415 Main St Lamont CA 93241 USA 68 Saneff St Salem IL 62881 USA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.ecovexcoinvestmentgroup.com.
I wanted to transfer my portfolio from another broker to Ecovexco Investment Group. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Tax reports included|API access|Two-factor authentication
Cons: No phone support on weekends
I referred a friend to Ecovexco Investment Group after a trusted YouTuber reviewed them. 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: Multiple order types|Responsive team
Cons: No fractional shares
I lost a significant amount because Ecovexco Investment Group did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Reliable uptime|API access|Multi-currency support|Transparent fees
Cons: Slow to add new assets|Limited ETF selection
Ecovexco Investment Group 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: Smooth onboarding|Segregated accounts|Two-factor authentication|Easy to use platform
Cons: Inactivity fee applies after 12 months|Cannot customize dashboard fully
I requested my data from Ecovexco Investment Group 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: Educational resources|Intuitive for beginners
Cons: Limited demo account features
The spread at Ecovexco Investment Group is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after comparing multiple platforms and initially thought the platform was good - until I started trading seriously.
Pros: Reliable uptime|Stable platform|Dividend tracking
Cons: Limited demo account features|Spreads widen during volatile periods