Nordicwealth has been flagged by Finansinspektionen for "Fraud and Other Types of Misconduct". Nordicwealth/ Nordicwealth Trading has a website (nordicwealth.se) and is using the following contact information:
Nordicwealth/ Nordicwealth Trading
Fleur de Lis Court 112
Houndsditch
London EC3A 7BD
United Kingdom
Telephone: +447441429012
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: nordicwealth.se.
Several red flags with Nordicwealth: (1) They promise unrealistically high returns, (2) They're not registered with Finansinspektionen, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
After using Nordicwealth for about ten months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: No hidden fees|Comprehensive tools|Regular updates|Automated trading options
Cons: Desktop app not available on Linux
Nordicwealth seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Economic calendar|Portfolio tracking tools|Responsive team
Cons: None so far|Currency conversion fee exists