Cryptocurrency Exchanges

Standard Chartered

1.6 (15 reviews)
🇳🇿 New Zealand
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1.6
15 reviews
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About Standard Chartered

Standard Chartered has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". 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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Wish I had read reviews first

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Luke X.
3 days ago

Do not believe the bonus offer from Standard Chartered. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a friend recommended them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: High security standards|Dedicated account manager|Educational resources|Good analytical tools

Cons: Mobile app could be improved|Account statements could be more detailed

Introducing broker lied to me

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Aiden P.
2 weeks ago

Customer support at Standard Chartered 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: Market news feed|Professional team|Educational resources|Smooth onboarding

Cons: Website design could be more modern

Commission higher than stated

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Susan N.
2 weeks ago

I lost a significant amount because Standard Chartered did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Clear documentation|Fast execution

Cons: Desktop app not available on Linux

They deleted my negative review

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Lisa Y.
2 months ago

My withdrawal from Standard Chartered was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I opened my account last year of being strung along.

Pros: Easy to use platform|Educational resources|Multi-currency support

Cons: Inactivity fee applies after 12 months|Slow to add new assets

Cannot withdraw funds - classic scam

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Edward N.
3 months ago

I want to warn everyone about Standard Chartered. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Walked away and never looking back

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Iris G.
6 months ago

Standard Chartered had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Copy trading available|Market news feed|Demo account available|Portfolio tracking tools

Cons: Help articles are sometimes vague|Would like more payment methods

Feeling robbed honestly

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Leo Y.
6 months ago

I had high hopes for Standard Chartered after a friend recommended them, 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: Multiple order types|Two-factor authentication

Cons: Wish they had more educational resources|Research section could be deeper

An insult to paying customers

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Nora S.
7 months ago

I had a dispute with Standard Chartered 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: Social trading features|Risk management tools

Cons: Currency conversion fee exists|No fractional shares

Checked with regulators - they're not licensed

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Susan M.
7 months ago

Several red flags with Standard Chartered: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (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.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Live chat is a bot that helps nobody

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Heather O.
8 months ago

After since mid-2025 with Standard Chartered, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Fast deposits|Copy trading available

Cons: Would like more payment methods|Nothing significant