Wealth Stream Ltd (clone has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Wealth Stream Ltd (clone) has a website (www.wealthstream.live) and is using the following contact information:
58 James's Street, London, England, SW1A 1NE
Telephone: 447 868 744 153
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.wealthstream.live.
I wanted to transfer my portfolio from another broker to Wealth Stream Ltd (clone. 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: High security standards|Educational resources|Good mobile app
Cons: Mobile app could be improved
I found Wealth Stream Ltd (clone after doing extensive research and the initial impression was positive. But since the beginning of the year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Fast support response|Comprehensive tools|High security standards|Dividend tracking
Cons: Could offer more webinars|Wish they had more educational resources
I had a dispute with Wealth Stream Ltd (clone and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Clean UI|Dividend tracking|Excellent charting
Cons: Currency conversion fee exists
Do not be fooled by the professional-looking website. Behind the scenes, Wealth Stream Ltd (clone is disorganized and incompetent. I found them after a family member had a good experience and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multi-device support|Detailed reporting|Dedicated account manager
Cons: Limited ETF selection
My card was charged twice by Wealth Stream Ltd (clone on the same day. I had to dispute it with my bank. Wealth Stream Ltd (clone then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: High security standards|Professional team|Market news feed|Copy trading available
Cons: No live chat on mobile
Where do I even begin with Wealth Stream Ltd (clone? for about eight months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Two-factor authentication|Good mobile app
Cons: Cannot customize dashboard fully
The reporting at Wealth Stream Ltd (clone is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Stable platform|Fast deposits
Cons: Wish they had more educational resources
I am in a dispute with Wealth Stream Ltd (clone over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Instant funding|Transparent fees|Customizable dashboard
Cons: Desktop app not available on Linux|Slow to add new assets
Several red flags with Wealth Stream Ltd (clone: (1) They promise unrealistically high returns, (2) They're not registered with Finansinspektionen, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The hidden fees at Wealth Stream Ltd (clone are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Responsive team|Educational resources
Cons: Mobile app could be improved|No dark mode on mobile