LOTUS WEALTH TRADE has been flagged by Comisión Nacional del Mercado de Valores 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.
My withdrawal request from LOTUS WEALTH TRADE 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: Customizable dashboard|Two-factor authentication|High security standards|Fast support response
Cons: Account statements could be more detailed|Research section could be deeper
I gave LOTUS WEALTH TRADE a fair chance. After since mid-2025 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: Portfolio tracking tools|Fast support response|Copy trading available|Easy to use platform
Cons: No crypto staking
The platform itself is okay, but the customer service at LOTUS WEALTH TRADE 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: Good analytical tools|Fast deposits|Intuitive for beginners|Clean UI
Cons: Mobile app could be improved
After spending for over a year trying to make LOTUS WEALTH TRADE 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: Real-time alerts|Social trading features|Copy trading available
Cons: Onboarding videos are outdated|Email notifications too frequent
I referred a friend to LOTUS WEALTH TRADE after attending a webinar they hosted. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Dedicated account manager|Two-factor authentication
Cons: Wish they had more educational resources
I wanted to transfer my portfolio from another broker to LOTUS WEALTH TRADE. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Social trading features|Segregated accounts
Cons: Cannot customize dashboard fully|Limited social trading features
The only good thing about LOTUS WEALTH TRADE is that they remind you why regulation matters. I found them after seeing their ad online. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Educational resources|Market news feed|Excellent charting
Cons: Could offer more webinars|Wish they had more educational resources
LOTUS WEALTH TRADE has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Fast deposits|Helpful community forum
Cons: Slow to add new assets
I was about to invest with LOTUS WEALTH TRADE but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Comisión Nacional del Mercado de Valores has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database
I was contacted by LOTUS WEALTH TRADE 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: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials