TradeWealth has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". TradeWealth found at https://webtrader.trade-wealth.co/ and https://trade-wealth.co/ is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Do not believe the bonus offer from TradeWealth. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a family member had a good experience and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Intuitive for beginners|Real-time alerts|Full transparency
Cons: Spreads widen during volatile periods|Limited demo account features
After for about three months with TradeWealth I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Fast deposits|Fast execution|Personal attention|Full transparency
Cons: Live chat only during business hours|Would like more payment methods
TradeWealth changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Easy to use platform|Fast execution|Fast support response
Cons: Spreads widen during volatile periods|Research section could be deeper
The onboarding at TradeWealth was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Multi-currency support|Market news feed|Fast execution
Cons: Could offer more webinars|No dark mode on mobile
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
After seeing ads for TradeWealth online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Ontario Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises
I experienced a security concern with my TradeWealth 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: Fast support response|Economic calendar|Full transparency
Cons: No crypto staking|Help articles are sometimes vague
The reporting at TradeWealth is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Multiple order types|Multi-device support|Comprehensive tools|Low minimum deposit
Cons: Wish they had more educational resources
I signed up with TradeWealth through a podcast recommendation 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: Stable platform|Regular updates
Cons: Spreads widen during volatile periods
The only good thing about TradeWealth is that they remind you why regulation matters. I found them after a trusted YouTuber reviewed them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Dedicated account manager|Tax reports included
Cons: Onboarding videos are outdated