iziwallet.io has been flagged by AMF (France) for "Unauthorised". Category: Crypto-actifs This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: iziwallet.io.
The hidden fees at iziwallet.io 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: Risk management tools|Clean UI
Cons: Some tools only available on higher tiers|Spreads widen during volatile periods
iziwallet.io locked my account without warning and demanded documents I had already submitted. for about five months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Economic calendar|Easy withdrawals|Stable platform|Fast deposits
Cons: Research section could be deeper
Do not believe the bonus offer from iziwallet.io. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Economic calendar|Market news feed|Personal attention
Cons: Could offer more webinars|Research section could be deeper
iziwallet.io offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Social trading features|Segregated accounts|Market news feed|Great customer service
Cons: Account statements could be more detailed
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. iziwallet.io recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Excellent charting|Full transparency|Educational resources
Cons: Wait times can be long during peak hours|Wish they had more educational resources
Do not be fooled by the professional-looking website. Behind the scenes, iziwallet.io is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Easy withdrawals|Portfolio tracking tools
Cons: Search feature is basic|No fractional shares
KYC with iziwallet.io is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Fast deposits|No hidden fees|Instant funding|Segregated accounts
Cons: No crypto staking
I found iziwallet.io after a family member had a good experience and the initial impression was positive. But for over three years later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Multi-currency support|Excellent charting
Cons: Cannot customize dashboard fully
My withdrawal request from iziwallet.io has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Personal attention|Portfolio tracking tools|Risk management tools|Regular updates
Cons: Slow to add new assets