www.falcon-wl.com has been flagged by AMF (France) for "Unauthorised". Category: Produits_dérivés_sur_crypto-actifs 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.falcon-wl.com.
If you are reading this considering www.falcon-wl.com - run. I wish I had read more negative reviews while looking for alternatives to my previous provider. I thought the positive ones were real. Maybe some are. My experience over for about ten months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Automated trading options|No hidden fees
Cons: Onboarding videos are outdated|Currency conversion fee exists
KYC with www.falcon-wl.com 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: Dividend tracking|Social trading features|Clear documentation|Transparent fees
Cons: Limited demo account features
Where do I even begin with www.falcon-wl.com? for just over a year 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: Automated trading options|Competitive fees|Personal attention
Cons: Limited ETF selection|Email notifications too frequent
I found www.falcon-wl.com after doing extensive research and the initial impression was positive. But for nearly two years 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: Responsive team|Copy trading available
Cons: Desktop app not available on Linux|No live chat on mobile
www.falcon-wl.com 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: Easy to use platform|Wide product range|Real-time alerts|Great customer service
Cons: No integrated tax optimization
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. www.falcon-wl.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Multi-currency support|Smooth onboarding|No hidden fees|Personal attention
Cons: Spreads widen during volatile periods|Website design could be more modern
I am in a dispute with www.falcon-wl.com 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: Quick verification|Fast execution|Low minimum deposit
Cons: Alert system is basic
Do not believe the bonus offer from www.falcon-wl.com. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through word of mouth in my investment club and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Tax reports included|Two-factor authentication
Cons: Limited ETF selection|No fractional shares