Wealth Base 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.
The platform itself is okay, but the customer service at Wealth Base is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Dividend tracking|Segregated accounts|Excellent charting
Cons: Could offer more webinars|No fractional shares
I invested $5,000 with Wealth Base after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.
Cons: Blocked my account|No legitimate license|Fake returns
KYC with Wealth Base is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Portfolio tracking tools|Easy withdrawals|High security standards|Helpful community forum
Cons: Currency conversion fee exists|Withdrawal takes 1-2 business days
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Wealth Base recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Clear documentation|Fast support response|Good analytical tools
Cons: Wish they had more educational resources|Onboarding videos are outdated
Do not believe the bonus offer from Wealth Base. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through word of mouth in my investment club and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Copy trading available|Transparent fees|Tax reports included|Educational resources
Cons: Alert system is basic
I requested my data from Wealth Base under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Easy withdrawals|Competitive fees|Dedicated account manager
Cons: Research section could be deeper
After seeing ads for Wealth Base online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
The so-called education at Wealth Base is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for over a year thinking they would help me learn.
Pros: High security standards|Fast execution|Real-time alerts|Intuitive for beginners
Cons: No live chat on mobile|Inactivity fee applies after 12 months