Windfall Trade 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.
The platform itself is okay, but the customer service at Windfall Trade is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Automated trading options|Multi-currency support|Two-factor authentication
Cons: Search feature is basic
I requested my data from Windfall Trade under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Helpful community forum|Smooth onboarding
Cons: Research section could be deeper
Several red flags with Windfall Trade: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (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
I want to warn everyone about Windfall Trade. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
Windfall Trade advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Easy withdrawals|Segregated accounts
Cons: Some tools only available on higher tiers
The mobile app from Windfall Trade 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: API access|Fast support response|Low minimum deposit|Reliable uptime
Cons: Limited cryptocurrency options|Cannot customize dashboard fully
I am in a dispute with Windfall Trade 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: Market news feed|Copy trading available|Professional team|Multi-device support
Cons: Wish they had more educational resources|No crypto staking
My card was charged twice by Windfall Trade on the same day. I had to dispute it with my bank. Windfall Trade 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: Multiple order types|Full transparency|Comprehensive tools|Fast support response
Cons: Minimum deposit could be lower|Cannot customize dashboard fully
I referred a friend to Windfall Trade through my accountant's suggestion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Multi-device support|Quick verification
Cons: No fractional shares|Wish they had more educational resources
I lost a significant amount because Windfall Trade did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Fast support response|Educational resources|Regular updates
Cons: Research section could be deeper