EvincoInvest (evincoinvest.com) has been flagged by ASIC (Australia) for "Unlicensed". FCA warning https://www.fca.org.uk/news/warnings/evincoinvest-evincoinvestcom
Phones: 442039745130 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: client.evincoinvest.com.
I wanted to transfer my portfolio from another broker to EvincoInvest (evincoinvest.com). 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: Multiple order types|Real-time alerts|Transparent fees
Cons: Alert system is basic|Slow to add new assets
I trusted EvincoInvest (evincoinvest.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Customizable dashboard|Demo account available|High security standards|Comprehensive tools
Cons: Research section could be deeper
I gave EvincoInvest (evincoinvest.com) a fair chance. After since early this year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Automated trading options|Easy to use platform
Cons: Nothing significant|Wish they had more educational resources
I have been trying to close my account with EvincoInvest (evincoinvest.com) 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: Social trading features|Copy trading available|Dividend tracking
Cons: Nothing significant
The so-called education at EvincoInvest (evincoinvest.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a couple of months now thinking they would help me learn.
Pros: Multi-device support|Smooth onboarding|Easy withdrawals|Economic calendar
Cons: Account statements could be more detailed|Limited social trading features