ExquisiteDefi / exquisitedefi.com 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.
I referred a friend to ExquisiteDefi / exquisitedefi.com through my accountant's suggestion. 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: Detailed reporting|Tax reports included
Cons: No integrated tax optimization
I was contacted by ExquisiteDefi / exquisitedefi.com 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: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
After using ExquisiteDefi / exquisitedefi.com for the past six months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Multi-device support|Multi-currency support|Segregated accounts|Real-time alerts
Cons: Withdrawal takes 1-2 business days
ExquisiteDefi / exquisitedefi.com has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Portfolio tracking tools|API access
Cons: Mobile app could be improved
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. ExquisiteDefi / exquisitedefi.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Good analytical tools|Excellent charting
Cons: Could offer more webinars|Inactivity fee applies after 12 months
I was about to invest with ExquisiteDefi / exquisitedefi.com but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Not registered with regulators|Unrealistic promises
The hidden fees at ExquisiteDefi / exquisitedefi.com are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Great customer service|Two-factor authentication
Cons: Could offer more webinars|Help articles are sometimes vague
If you are reading this considering ExquisiteDefi / exquisitedefi.com - run. I wish I had read more negative reviews through a podcast recommendation. 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: Good mobile app|Smooth onboarding|Demo account available
Cons: Help articles are sometimes vague