Innvester has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After spending since early this year trying to make Innvester 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: Intuitive for beginners|Easy to use platform
Cons: Limited social trading features
My card was charged twice by Innvester on the same day. I had to dispute it with my bank. Innvester 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: Intuitive for beginners|Full transparency
Cons: Wish they had more educational resources|Onboarding videos are outdated
I want to warn everyone about Innvester. They have been flagged by Financial Services and Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: No regulatory oversight|Money disappeared|Fake testimonials