Edelweiss Wealth Advisors (Schweiz) AG / ewa-trading.com has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The reporting at Edelweiss Wealth Advisors (Schweiz) AG / ewa-trading.com is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Detailed reporting|Smooth onboarding|Customizable dashboard
Cons: No phone support on weekends
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Edelweiss Wealth Advisors (Schweiz) AG / ewa-trading.com 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.
Cons: Blocked my account|No legitimate license|Fake returns
I was about to invest with Edelweiss Wealth Advisors (Schweiz) AG / ewa-trading.com but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Swiss Financial Market Supervisory Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Swiss Financial Market Supervisory Authority|Cannot verify credentials
KYC with Edelweiss Wealth Advisors (Schweiz) AG / ewa-trading.com 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: Dividend tracking|Multi-currency support|Tax reports included
Cons: Limited demo account features|No live chat on mobile
The mobile app from Edelweiss Wealth Advisors (Schweiz) AG / ewa-trading.com is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Customizable dashboard|Educational resources
Cons: Minimum deposit could be lower
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Flagged by international regulators|Due diligence required
If you are reading this considering Edelweiss Wealth Advisors (Schweiz) AG / ewa-trading.com - run. I wish I had read more negative reviews after comparing multiple platforms. I thought the positive ones were real. Maybe some are. My experience over since last summer has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Regular updates|Dividend tracking|Personal attention
Cons: No live chat on mobile|Wish they had more educational resources
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. Edelweiss Wealth Advisors (Schweiz) AG / ewa-trading.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Multiple order types|Intuitive for beginners
Cons: Desktop app not available on Linux
I invested $15,000 with Edelweiss Wealth Advisors (Schweiz) AG / ewa-trading.com after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Swiss Financial Market Supervisory Authority.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics