Kingswell Global Wallet (kingswellglobal.com) has been flagged by Australian Securities and Investments Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Kingswell Global Wallet (kingswellglobal.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Easy to use platform|Full transparency|Tax reports included|Personal attention
Cons: Would like more payment methods
I joined Kingswell Global Wallet (kingswellglobal.com) from a review site like this one and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Tax reports included|Educational resources|Copy trading available|Easy to use platform
Cons: Nothing significant
My withdrawal from Kingswell Global Wallet (kingswellglobal.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I opened my account last year of being strung along.
Pros: Regular updates|High security standards
Cons: Website design could be more modern