Edgewatercapital LLC has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Note: this company is not connected and should not be confused with the legitimate firm Edgewater Capital LLC of 6 Hutton Centre Drive Suite 860 South Coast Metro CA 92707 USA www.segco.com phone (714)444 3833 4002 fax 714 435 9410 mobile 562 896 0796 which is a registered securities br... 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.edgecaponline.com.
Do not believe the bonus offer from Edgewatercapital LLC. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a family member had a good experience and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Multi-device support|Good mobile app|Risk management tools
Cons: Desktop app not available on Linux
I am in a dispute with Edgewatercapital LLC 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: Portfolio tracking tools|Comprehensive tools|Educational resources
Cons: Limited cryptocurrency options
My withdrawal request from Edgewatercapital LLC 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: Portfolio tracking tools|Multiple order types
Cons: No phone support on weekends|Mobile app could be improved
Do not use Edgewatercapital LLC for anything serious. I used them for nearly two years 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: Tax reports included|Easy to use platform|Copy trading available
Cons: Website design could be more modern|Wish they had more educational resources
If you are reading this considering Edgewatercapital LLC - run. I wish I had read more negative reviews through a financial advisor. I thought the positive ones were real. Maybe some are. My experience over since early this year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Instant funding|Wide product range|Smooth onboarding
Cons: Currency conversion fee exists