Fintekrecovery (fintekrecovery.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 61 2 9098 4264 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fintekrecovery.com.
The onboarding at Fintekrecovery (fintekrecovery.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Market news feed|Automated trading options|Good analytical tools|Risk management tools
Cons: Withdrawal takes 1-2 business days
After spending since I retired last year trying to make Fintekrecovery (fintekrecovery.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Segregated accounts|Wide product range|Transparent fees
Cons: Wait times can be long during peak hours|No live chat on mobile
I had a dispute with Fintekrecovery (fintekrecovery.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: Intuitive for beginners|Full transparency|No hidden fees
Cons: No dark mode on mobile
The mobile app from Fintekrecovery (fintekrecovery.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Good mobile app|Clear documentation
Cons: Wait times can be long during peak hours