Wealth Edge Investments has been flagged by British Columbia Securities Commission 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.
Customer support at Wealth Edge Investments 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: Fast deposits|Automated trading options
Cons: Inactivity fee applies after 12 months|Wish they had more educational resources
The spread at Wealth Edge Investments is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them while looking for alternatives to my previous provider and initially thought the platform was good - until I started trading seriously.
Pros: Multiple order types|Professional team
Cons: No phone support on weekends|Could offer more webinars
Wealth Edge Investments had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Transparent fees|Fast deposits
Cons: Search feature is basic
I wanted to transfer my portfolio from another broker to Wealth Edge Investments. 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: Two-factor authentication|Demo account available|Tax reports included|Fast support response
Cons: Charting tools need more indicators