Solo Wallet has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Solo Wallet is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: solo-wallet.com.
I had a dispute with Solo Wallet and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Easy to use platform|Wide product range|Helpful community forum
Cons: Minimum deposit could be lower
I invested $3,500 with Solo Wallet 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 Autorité des marchés financiers.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns