NitiVest has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". Firm states on website they are registered with The FCA when not - Breach of s24 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.nitivest.com.
The mobile app from NitiVest 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: Personal attention|Fast deposits
Cons: Currency conversion fee exists
My withdrawal request from NitiVest 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: Segregated accounts|Risk management tools
Cons: Live chat only during business hours|Spreads widen during volatile periods
I referred a friend to NitiVest through my accountant's suggestion. 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: Risk management tools|Regular updates|Wide product range|Good analytical tools
Cons: No crypto staking|None so far
Customer support at NitiVest seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Clean UI|Dedicated account manager|Easy to use platform|Competitive fees
Cons: Email notifications too frequent|Search feature is basic