Finaceum has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Loan Fee Fraud
Finaceum has a website (www.finaceum.com) and is using the following contact information:
Sweden
Telephone: +46769106380
E-mail: [email protected] 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.finaceum.com.
Finaceum changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Full transparency|Tax reports included
Cons: Alert system is basic|Wait times can be long during peak hours
Do not believe the bonus offer from Finaceum. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited based on a colleague's recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Real-time alerts|Social trading features
Cons: No dark mode on mobile|No integrated tax optimization