The Wealth Core (thewealthcore.com) has been flagged by ASIC (Australia) for "Unlicensed". Search IC001 for other entities related to this alert. Link to warnings from overseas regulators: FCA https://www.fca.org.uk/news/warnings/wealth-core This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: thewealthcore.com.
Customer support at The Wealth Core (thewealthcore.com) 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: Competitive fees|Multi-currency support|Easy to use platform
Cons: Spreads widen during volatile periods|Account statements could be more detailed
I experienced a security concern with my The Wealth Core (thewealthcore.com) 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: Full transparency|Market news feed|Competitive fees|Multiple order types
Cons: Onboarding videos are outdated|Limited ETF selection
After using The Wealth Core (thewealthcore.com) for the past year and a half, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Tax reports included|Risk management tools
Cons: No live chat on mobile|Account statements could be more detailed
Do not be fooled by the professional-looking website. Behind the scenes, The Wealth Core (thewealthcore.com) is disorganized and incompetent. I found them through a podcast recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Helpful community forum|Easy to use platform|No hidden fees
Cons: Could offer more webinars
My withdrawal request from The Wealth Core (thewealthcore.com) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Wide product range|Competitive fees
Cons: Help articles are sometimes vague
The platform at The Wealth Core (thewealthcore.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for the past year and a half of dealing with this, I have had enough.
Pros: Regular updates|Easy to use platform
Cons: Desktop app not available on Linux|Spreads widen during volatile periods
I signed up with The Wealth Core (thewealthcore.com) through word of mouth in my investment club and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Great customer service|No hidden fees
Cons: Limited cryptocurrency options
Do not use The Wealth Core (thewealthcore.com) for anything serious. I used them since I opened my account last year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Customizable dashboard|Two-factor authentication|Quick verification|Segregated accounts
Cons: Currency conversion fee exists
I found The Wealth Core (thewealthcore.com) while looking for alternatives to my previous provider and the initial impression was positive. But since last summer 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: Dividend tracking|Professional team|Risk management tools
Cons: Inactivity fee applies after 12 months|Minimum deposit could be lower
I gave The Wealth Core (thewealthcore.com) a fair chance. After for about five months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Segregated accounts|API access|Multi-currency support
Cons: Charting tools need more indicators|Search feature is basic