Cryptocurrency Exchanges

Kuzadex

1.7 (11 reviews)
🇳🇿 New Zealand
Visit Website
1.7
11 reviews
5
0
4
0
3
0
2
8
1
3

About Kuzadex

Kuzadex has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

Write a Review

CFD pitch was aggressive

S
Steven B.
3 weeks ago

Do not use Kuzadex for anything serious. I used them since the beginning of the year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Quick verification|Social trading features|Copy trading available|Automated trading options

Cons: No fractional shares|Nothing significant

Stop loss not honored

L
Lauren Z.
4 weeks ago

Kuzadex 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: Excellent charting|Risk management tools|Demo account available

Cons: Help articles are sometimes vague

Money trap disguised as a service

J
Jasmine E.
1 months ago

Kuzadex has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Stable platform|Market news feed|Multi-currency support

Cons: Currency conversion fee exists|No dark mode on mobile

Email support takes 2 weeks

I
Isaac F.
4 months ago

I am in a dispute with Kuzadex over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Multi-device support|Market news feed|Good mobile app|Real-time alerts

Cons: Currency conversion fee exists|No live chat on mobile

Checked with regulators - they're not licensed

H
Harry M.
5 months ago

I was about to invest with Kuzadex but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Stay far away from this company

P
Peter D.
5 months ago

I was contacted by Kuzadex through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Initially responsive customer service

Cons: Lost entire investment|Reported to authorities|Unresponsive

They should be ashamed

Z
Zoe P.
7 months ago

Opened my account with Kuzadex after seeing their ad online and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Customizable dashboard|Regular platform improvements

Cons: Would like more payment methods|Minor UI glitches occasionally

Look elsewhere - many better options

A
Alex V.
8 months ago

Kuzadex 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: Intuitive for beginners|Wide product range|Good analytical tools

Cons: No integrated tax optimization|Limited ETF selection

An absolutely appalling service

M
Michael I.
9 months ago

Where do I even begin with Kuzadex? for about eight months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Fast deposits|Multi-device support

Cons: Limited cryptocurrency options|Live chat only during business hours

They sell your data

W
Wyatt V.
9 months ago

I gave Kuzadex a fair chance. After for just over a year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Personal attention|Educational resources|Quick verification|Social trading features

Cons: Spreads widen during volatile periods|Onboarding videos are outdated