Wealth Hive Option has been flagged by Financial Conduct Authority 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.
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Wealth Hive Option 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.
Cons: Not registered with regulators|Unrealistic promises
My withdrawal request from Wealth Hive Option 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: Multi-currency support|Reliable uptime
Cons: Would like more payment methods|Some tools only available on higher tiers
Wealth Hive Option seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Fast deposits|Social trading features|Intuitive for beginners
Cons: Withdrawal takes 1-2 business days
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Wealth Hive Option said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Competitive fees|Great customer service|Multi-device support|Social trading features
Cons: No dark mode on mobile|Wish they had more educational resources
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Wealth Hive Option recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Portfolio tracking tools|Clean UI|No hidden fees|Full transparency
Cons: Could offer more webinars
Opened my account with Wealth Hive Option after attending a webinar they hosted and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Segregated accounts|Responsive team
Cons: No crypto staking|Spreads widen during volatile periods
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Wealth Hive Option is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
KYC with Wealth Hive Option 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: Tax reports included|Excellent charting
Cons: No dark mode on mobile|Minimum deposit could be lower