Fiatwallets (fiatwallets.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 167 City Road London Greater London United Kingdom EC1V 1AW This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fiatwallets.com.
I closed a profitable position at Fiatwallets (fiatwallets.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Competitive fees|Detailed reporting|Fast deposits
Cons: Cannot customize dashboard fully|Slow to add new assets
If you are reading this considering Fiatwallets (fiatwallets.com) - run. I wish I had read more negative reviews after a family member had a good experience. 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: Detailed reporting|Instant funding
Cons: Help articles are sometimes vague
Fiatwallets (fiatwallets.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Fast deposits|Copy trading available|Responsive team
Cons: Help articles are sometimes vague
My card was charged twice by Fiatwallets (fiatwallets.com) on the same day. I had to dispute it with my bank. Fiatwallets (fiatwallets.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Detailed reporting|Fast support response|Real-time alerts|Segregated accounts
Cons: No fractional shares
I requested my data from Fiatwallets (fiatwallets.com) 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: Two-factor authentication|Regular updates|Multi-currency support|Social trading features
Cons: Email notifications too frequent
I signed up with Fiatwallets (fiatwallets.com) through my accountant's suggestion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Easy withdrawals|API access
Cons: Nothing significant|Withdrawal takes 1-2 business days
I experienced a security concern with my Fiatwallets (fiatwallets.com) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Fast execution|Fast support response
Cons: Wish they had more educational resources|Desktop app not available on Linux
I had a dispute with Fiatwallets (fiatwallets.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: High security standards|Fast support response
Cons: Website design could be more modern|Minor UI glitches occasionally
Do not use Fiatwallets (fiatwallets.com) for anything serious. I used them for a couple of months now 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: Smooth onboarding|Good analytical tools|Responsive team|Multi-currency support
Cons: Some tools only available on higher tiers
The platform at Fiatwallets (fiatwallets.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since mid-2025 of dealing with this, I have had enough.
Pros: Good mobile app|Easy to use platform
Cons: No crypto staking