DriveWealth Reviews 39

I have been trading through drivewealth for over a year. I did a SEPA payment into my account but due to my middle name only being on my account and not on the SEPA payment it didn't get processed. After months of back and fourth emails and sending proof of payments from my bank I still have not received my money into my account, almost going on 1 year now. I understand mistakes happen but their service is shocking and impossible to sort out problems - not good when you are dealing with people's money.

Theyre completely useless. I sent money to two broker platforms on the same day. DriveWealth one of them. The money was deposited and active in my other account in less than 2 days. Its been 15 days later and I'm still arguing with Drivewealth. They required extra documentation, when I sent it I received no reply. When I complained they replied they hadnt seen the email. Very amateur.

They block buying certain shares manopulating the market

Unfair trading company won't allow to buy in a dip to make money for ordinary people. Your not allowed to make money only allowed to carry the money to the hedge funders. Its a unfair playing field and Drivewealth is part of it

Involved in free market manipulation by blocking stocks for retail sales.

Restricting the buying of selected stocks in their favour...

Restrict buy orders when stocks are doing too well. Avoid.

Unbelievable, not selling shares because you got told not to, when it should be free for all.

‘We believe buying stock should be as easy as buying a latte’
Yet today you have restricted us from buying stocks, manipulating the market to help drive prices down to save the hedge funds. Pathetic.

scam - they do not like apes

DriveWealth have continued to scam users of mobile share trading apps.
As the share price of certain stocks have been driven down through ladder trades between brokers, DriveWealth have then removed the ability to purchase these stocks.
They have illegally manipulated the price and cut the demand for these stocks. Reported to FSA and SEC.

This company denied purchase of a range of stocks to retail investors to protect hedgefunds that had taken a careless gamble. It is a cynical puppet of a company aimed to collude with and benefit the corrupt.

Collusion and market manipulation is being performed by this company. Restricting purchase of stocks that will hurt hedge funds.

DriveWealth has blocked Australians from purchasing GME, AMC, NOK etc etc. absolutely disgusting practice backing the hedge funds from further damage

Very poor customer service and non transparent policies. It was not clear for me how I can buy monthly subscription to reduce my transaction fees. Customer service team responses were contradictive and confusing. They were not able to clarify how to obtain subscription and at the end they just stop answering. I'm confident that they have 0 knowledge about the product or it may indeed be a scam.

It’s a scam don’t trust this company it’s not worth it

Their support's response time is reeeeally slow. Transfering money to my account took more than 3 weeks and it did not arrive yet. You need to have enough money in your account if you don't want to miss good opportunities, you can't rely on funding it with transfer and then using that...It might take more than a month. I missed out on a lot of 70%+ investment opportunities. The support did not respond, I've asked them 2 weeks ago about the status of my transfer. They got 2 stars from me because they have a really good variety of stocks and they support fractional shares too.