Wallari has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Loan Fee Fraud
Wallari / Wallari Bank
16, rue Grande Fusterie 69500 BRON
France
Telephone: +33758353489
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.wallari.com.
I opened an account with Wallari for over three years ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Helpful community forum|Full transparency|Regular platform improvements|Fast deposits
Cons: Account statements could be more detailed
Wallari has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Transparent fees|Risk management tools|Multiple order types|Smooth onboarding
Cons: Limited social trading features
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Wallari has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises