WeOnAsset (weonasset.io) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 61283175861, 4420374790225
Addresses: Old Street EC1V 9BP London This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: weonasset.io.
WeOnAsset (weonasset.io) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Instant funding|Clean UI
Cons: Inactivity fee applies after 12 months
WeOnAsset (weonasset.io) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Good analytical tools|Great customer service
Cons: No crypto staking|Would like more payment methods
The mobile app from WeOnAsset (weonasset.io) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Detailed reporting|Great customer service|Professional team|Economic calendar
Cons: Nothing significant
I signed up with WeOnAsset (weonasset.io) after attending a webinar they hosted and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Regular platform improvements|Easy to use platform
Cons: Alert system is basic|No phone support on weekends
Opened my account with WeOnAsset (weonasset.io) when my bank disappointed me and I searched for alternatives 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: Automated trading options|Economic calendar|No hidden fees|Tax reports included
Cons: None so far|Charting tools need more indicators
The reporting at WeOnAsset (weonasset.io) 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: Portfolio tracking tools|Customizable dashboard
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. WeOnAsset (weonasset.io) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Personal attention|Full transparency|Segregated accounts|Transparent fees
Cons: No dark mode on mobile|Onboarding videos are outdated
My withdrawal request from WeOnAsset (weonasset.io) 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: Economic calendar|High security standards|Good mobile app|Stable platform
Cons: Minor UI glitches occasionally