Banks

London Bank/LondonBank Digital Credit

1.5 (13 reviews)
🇬🇧 United Kingdom
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1.5
13 reviews
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About London Bank/LondonBank Digital Credit

London Bank/LondonBank Digital Credit has been flagged by Financial Conduct Authority 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.

Customer Reviews

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Not what they promise

L
Leo Z.
1 months ago

London Bank/LondonBank Digital Credit 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: Multi-currency support|Intuitive for beginners|Fast support response|Multiple order types

Cons: No crypto staking|No live chat on mobile

No investor compensation scheme

V
Vincent R.
2 months ago

After for just over a year with London Bank/LondonBank Digital Credit, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Fast execution|Good mobile app|Stable platform

Cons: Nothing significant

I cannot say a single positive thing

L
Laura P.
2 months ago

London Bank/LondonBank Digital Credit 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: Personal attention|Economic calendar|Demo account available|Segregated accounts

Cons: Website design could be more modern

More problems than solutions

T
Tyler O.
3 months ago

The platform itself is okay, but the customer service at London Bank/LondonBank Digital Credit is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: High security standards|Portfolio tracking tools|Transparent fees

Cons: Charting tools need more indicators

Live chat is a bot that helps nobody

A
Andrew W.
4 months ago

I gave London Bank/LondonBank Digital Credit a fair chance. After for a few weeks now 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: Multiple order types|Copy trading available|Demo account available

Cons: Withdrawal takes 1-2 business days|Inactivity fee applies after 12 months

Worst decision I made this year

A
Aaron Y.
4 months ago

London Bank/LondonBank Digital Credit had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Helpful community forum|High security standards|Dividend tracking

Cons: Mobile app could be improved

Commission higher than stated

S
Seth H.
9 months ago

My withdrawal from London Bank/LondonBank Digital Credit 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. for about eight months of being strung along.

Pros: Easy to use platform|No hidden fees|Market news feed

Cons: No crypto staking|Live chat only during business hours

Nothing but problems since day one

C
Caleb X.
9 months ago

The mobile app from London Bank/LondonBank Digital Credit 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: Helpful community forum|Professional team|Personal attention|Educational resources

Cons: No crypto staking

They should be ashamed

A
Alex S.
11 months ago

I trusted London Bank/LondonBank Digital Credit with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Reliable uptime|Fast deposits

Cons: Charting tools need more indicators

Do your due diligence first

J
Jennifer F.
11 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Pros: Information is publicly available for verification

Cons: Flagged by international regulators|Due diligence required