Obelisk Wealth has been flagged by Central Bank of Ireland 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.
Do not believe the bonus offer from Obelisk Wealth. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after attending a webinar they hosted and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Portfolio tracking tools|Social trading features
Cons: Help articles are sometimes vague|Website design could be more modern
Obelisk Wealth 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: Comprehensive tools|Regular platform improvements
Cons: Withdrawal takes 1-2 business days|Wait times can be long during peak hours
The spread at Obelisk Wealth is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after my brother mentioned them and initially thought the platform was good - until I started trading seriously.
Pros: Educational resources|Easy withdrawals|Great customer service|Instant funding
Cons: Search feature is basic|Wait times can be long during peak hours
After since early this year with Obelisk Wealth I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Wide product range|Market news feed
Cons: No fractional shares
I joined Obelisk Wealth based on a colleague's recommendation and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Clear documentation|Educational resources|Detailed reporting|Wide product range
Cons: Search feature is basic
I had high hopes for Obelisk Wealth after seeing their ad online, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Detailed reporting|Excellent charting|Multiple order types|Dividend tracking
Cons: Limited social trading features
I was about to invest with Obelisk Wealth but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Central Bank of Ireland has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database
What really bothers me about Obelisk Wealth is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a friend recommended them and I fell for the polished exterior. Never again.
Pros: Multi-currency support|Good analytical tools|Multi-device support
Cons: Limited cryptocurrency options
I invested $2,000 with Obelisk Wealth after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Central Bank of Ireland.
Cons: Lost entire investment|Reported to authorities|Unresponsive