Wealth Innovations Group has been flagged by Alberta Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Related website: wealthinnovationsgroup.co This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I gave Wealth Innovations Group a fair chance. After for over a year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Quick verification|Low minimum deposit|Intuitive for beginners|Competitive fees
Cons: Would like more payment methods
The so-called education at Wealth Innovations Group 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 close to eighteen months thinking they would help me learn.
Pros: Quick verification|Excellent charting
Cons: Live chat only during business hours
I experienced a security concern with my Wealth Innovations Group 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: Personal attention|Automated trading options|Two-factor authentication|Social trading features
Cons: No fractional shares
The spread at Wealth Innovations Group is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a friend recommended them and initially thought the platform was good - until I started trading seriously.
Pros: Intuitive for beginners|Demo account available|Easy withdrawals|Good mobile app
Cons: Alert system is basic|Limited ETF selection
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Wealth Innovations Group 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
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Wealth Innovations Group 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: Cannot withdraw funds|Not regulated|Pressure tactics
After using Wealth Innovations Group since I retired last year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Automated trading options|Regular platform improvements|Personal attention|Good mobile app
Cons: Some tools only available on higher tiers|Limited cryptocurrency options
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Wealth Innovations Group 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: Lost entire investment|Reported to authorities|Unresponsive
I looked into Wealth Innovations Group and found they appear in the regulatory warnings database. Ontario Securities Commission has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
Do not believe the bonus offer from Wealth Innovations Group. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a friend recommended them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Personal attention|Smooth onboarding|Tax reports included
Cons: Email notifications too frequent|Minimum deposit could be lower