Investment Companies

PWAN

1.6 (12 reviews)
🇳🇬 Nigeria
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1.6
12 reviews
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About PWAN

PWAN has been flagged by Securities and Exchange Commission 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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Cannot withdraw funds - classic scam

R
Rachel M.
2 weeks ago

I invested $10,000 with PWAN 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 Securities and Exchange Commission.

Pros: Professional looking website

Cons: Lost entire investment|Reported to authorities|Unresponsive

Leverage too high for retail

R
Ruby A.
1 months ago

I am in a dispute with PWAN over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Competitive fees|Economic calendar|Two-factor authentication|Clear documentation

Cons: Slow to add new assets

Withdrawal limits are a trap

H
Hugo X.
2 months ago

The mobile app from PWAN 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: Regular platform improvements|Fast support response|Low minimum deposit

Cons: Limited demo account features

Failed me when I needed them most

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Adrian O.
4 months ago

I referred a friend to PWAN after hearing about them at a conference. 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: Automated trading options|Reliable uptime|Comprehensive tools|Market news feed

Cons: Could offer more webinars|Minimum deposit could be lower

Did my research - this is suspicious

E
Edward M.
5 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that PWAN has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Not registered with regulators|Unrealistic promises

How are they still in business

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Rachel K.
5 months ago

I found PWAN through word of mouth in my investment club and the initial impression was positive. But for the past year and a half later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Clear documentation|Economic calendar|Helpful community forum|Easy to use platform

Cons: Wait times can be long during peak hours|No integrated tax optimization

Manipulative and dishonest

J
Jennifer G.
6 months ago

PWAN 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: Dividend tracking|Regular updates|Helpful community forum|Tax reports included

Cons: Spreads widen during volatile periods|Minimum deposit could be lower

They closed my account without explanation

S
Simon L.
9 months ago

I experienced a security concern with my PWAN account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Copy trading available|API access|Easy withdrawals

Cons: Inactivity fee applies after 12 months

Never again with PWAN

O
Oscar H.
10 months ago

Where do I even begin with PWAN? for about three months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Social trading features|Automated trading options|Detailed reporting

Cons: Inactivity fee applies after 12 months|Limited cryptocurrency options

The worst platform I have ever used

A
Amber X.
10 months ago

I opened an account with PWAN since the beginning of the year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Multiple order types|No hidden fees|Clean UI|Dedicated account manager

Cons: Alert system is basic