The Crypto Invest has been flagged by Financial Conduct Authority 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.
I wanted to transfer my portfolio from another broker to The Crypto Invest. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Real-time alerts|Segregated accounts|Personal attention|Easy to use platform
Cons: Wait times can be long during peak hours
My withdrawal from The Crypto Invest 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. for the past six months of being strung along.
Pros: Full transparency|Fast execution|Real-time alerts|Market news feed
Cons: No fractional shares
The hidden fees at The Crypto Invest are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Automated trading options|Regular updates|Responsive team
Cons: Email notifications too frequent|Minimum deposit could be lower