Ethex Reviews 568

TrustScore 4.5 out of 5

4.7

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Rated 5 out of 5 stars

Easy to use with a clear layout. Supporting selected ethical groups and investments. ` And one of only a few genuine platforms for green investments I've been using the Ethex for a number of years a... See more

Rated 5 out of 5 stars

I highly value this company. Ethical and community investments are encouraged. I have just used it a 2nd time. Very easy to use website.

Rated 5 out of 5 stars

Overall the experience was great. Would just say one thing that might be helpful to others. The form to help me invest direct from my bank did not clearly state that certain numbers would only be re... See more

Rated 3 out of 5 stars

Really difficult to transfer an existing ISA to you which isn't a set amount - ie you can specify 'full amount' on a normal ISA transfer, but you want a definite figure,which you don't get until the... See more

Company replied

Company details

  1. Investment Service

Information provided by various external sources

Ethex makes it easy for everyday people to invest positively in organisations that are working hard to protect people and the planet. Join our community of 15,000 people and find out how you can use your money as a force for good, whilst targeting returns of 5%. Capital at risk.


Contact info

4.7

Excellent

TrustScore 4.5 out of 5

568 reviews

5-star
4-star
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1-star

Asks customers to review

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Replied to 100% of negative reviews

Typically replies within 2 weeks

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Rated 1 out of 5 stars

Difficulties with the test:

I had difficulty getting through the quiz for investors & found some questions rather ambiguous. I’m not a first time investor & do t feel ‘at risk’ but found this approach off-putting. Had I not been very keen to invest I’d have given up. I expect many potential investors will have dropped off - not returning after 14 days.

October 9, 2023
Ethex logo

Reply from Ethex

Hi Jean

Thanks for your review, we appreciate your feedback.

We appreciate that the Investor Appropriateness Test can cause frustration for people wanting to invest via Ethex. We have published this article that gives more information on the test and its purpose, as well as links to sections of the website that should be read before attempting the test https://www.ethex.org.uk/news/a-guide-to-registering-on-ethex

As a responsible ethical investment platform, we are committed to ensuring that potential investors fully appreciate the risks involved with the investments we offer, and we have adopted the FCA test as an important part of the registration process.

We thank you again for sharing your feedback, and if you would like to discuss any aspect of the registration process in more detail, please email help@ethex.org.uk.

Yours,

The Ethex Team

Rated 3 out of 5 stars

Fix the questionnaire process please.

The questionnaire to be allowed to invest was near impossible to pass. When did pass only then did you ask the questions about not investing big percentage of my assets.
Why on earth establish at start if you are a small investor as I am.

October 7, 2023
Ethex logo

Reply from Ethex

Hi David,

Thanks for your review, we appreciate your feedback.

We appreciate that the Investor Appropriateness Test can cause frustration for people wanting to invest via Ethex. We have published this article that gives more information on the test and its purpose, as well as links to sections of the website that should be read before attempting the test https://www.ethex.org.uk/news/a-guide-to-registering-on-ethex

As a responsible ethical investment platform, we are committed to ensuring that potential investors fully appreciate the risks involved with the investments we offer, and we have adopted the FCA test as an important part of the registration process.

We thank you again for sharing your feedback, and if you would like to discuss any aspect of the registration process in more detail, please email help@ethex.org.uk.

Yours,

The Ethex Team

Rated 5 out of 5 stars

More power for the people!

Very pleased with current investment, decided to round the figure up with more shares. A slight problem that occurred was swiftly dealt with by the Gower Power staff!

September 27, 2023
Rated 1 out of 5 stars

The "quiz "

The "quiz " to be able to start , at best seems ambiguous even though I fully understand any investment made is just a gamble and everything could be lost , and if you want to make that investment in a local community scheme that has just come to your attention tuff luck it could be too late . So I don't think Ethex is good for community funding, more like a scheme to make some fail ?

October 2, 2023
Ethex logo

Reply from Ethex


Hello,
Thanks for your review, we appreciate your feedback.

We appreciate that the Investor Appropriateness Test can cause frustration for people wanting to invest via Ethex. We have published this article that gives more information on the test and its purpose, as well as links to sections of the website that should be read before attempting the test https://www.ethex.org.uk/news/a-guide-to-registering-on-ethex

As a responsible ethical investment platform, we are committed to ensuring that potential investors fully appreciate the risks involved with the investments we offer, and we have adopted the FCA test as an important part of the registration process. We absolutely do not wish for people or community groups to fail, just to ensure they fully understand the products.

We thank you again for sharing your feedback, and if you would like to discuss any aspect of the registration process in more detail, please email help@ethex.org.uk.

Yours,

The Ethex Team

Rated 1 out of 5 stars

Awful investor appropriateness test

The investor appropriateness test is very poor. After 3 attempts I gave up and invested elsewhere.

October 4, 2023
Unprompted review
Ethex logo

Reply from Ethex

Dear Rob

Thanks for your review.

We appreciate that the 14-day lockout period following two failed attempts at the Investor Appropriateness Test can cause frustration for people wanting to invest via Ethex.

As a responsible ethical investment platform, we are committed to ensuring that potential investors fully appreciate the risks involved with the investments we offer, and we have adopted the FCA test as an important part of the registration process.

We have published this article that gives more information on the test and its purpose. https://www.ethex.org.uk/news/a-guide-to-registering-on-ethex

We thank you again for sharing your feedback, and if you would like to discuss any aspect of the registration process in more detail, please email help@ethex.org.uk.

Yours,

The Ethex Team

Rated 5 out of 5 stars

Quick and efficient

September 27, 2023
Ethex logo

Reply from Ethex

Hello,

We just wanted to say a quick thank you for leaving a 5-star review of Ethex on TrustPilot. We appreciate you taking the time to do this and are delighted you are happy with the service we provide!

Yours,
The Ethex team

Rated 4 out of 5 stars
Ethex logo

Reply from Ethex

Hi John,
We just wanted to say a quick thank you for leaving a 4-star review of Ethex on TrustPilot. We appreciate you taking the time to do this and are delighted you are happy with the service we provide! If you have any comments or suggestions to improve our service, please get in touch at  help@ethex.org.uk

Yours
The Ethex Team

Rated 1 out of 5 stars

Would avoid in future

Most investors have complained about the complexity of investing and some have actually given up . All in all a horrible experience

September 15, 2023
Ethex logo

Reply from Ethex

Dear Stephen

Thanks for your review.

As a responsible ethical investment platform, we are committed to ensuring that potential investors fully appreciate the risks involved with the investments we offer, and we have adopted the FCA test as an important part of the registration process.

We have published this article that gives more information on the test and its purpose. https://www.ethex.org.uk/news/a-guide-to-registering-on-ethex

We thank you again for sharing your feedback, and if you would like to discuss any aspect of the registration process in more detail, please email help@ethex.org.uk.

Yours,

The Ethex Team

Rated 5 out of 5 stars

Ethical investing Simple to use

Simple to use, investment platform

August 30, 2023
Ethex logo

Reply from Ethex

Hi David,
We just wanted to say a quick thank you for leaving a 5-star review of Ethex on TrustPilot. We appreciate you taking the time to do this and are delighted you are happy with the service we provide!
Yours,

The Ethex team

Rated 1 out of 5 stars

Making ethical investment harder

Ethex list ways to invest in different projects which are all in some way making the world a better place. Thanks to them I have invested in grassroots social housing and community solar power projects. Unfortunately they then requested a source of wealth check and lost all my documents, their backteam seem incompetent. Very sad and considering withdrawing my investments.

September 13, 2023
Ethex logo

Reply from Ethex

Hello,

Thank you for updating your review. We are sorry that you have found the investment process negative on this occasion. I know our team is in contact with you regarding your concerns, but I wanted to address the points raised here.

The source of wealth check is an essential anti-money laundering requirement that we adhere to.

Unfortunately, the envelope containing your document did not have our company name on it. We share a building with several other businesses, and the receptionist did not know where to place the envelope, but it was held securely, unopened until they passed the envelope to us when we instigated a search. We have since received it, acted on it, and contacted you.

We value all of our investors and aim to provide high-quality support when needed, so we're sorry that your experience on this occasion was not as smooth as possible.

Yours,
The Ethex Team

Rated 2 out of 5 stars

Despite being an experienced investor I…

Despite being an experienced investor I failed your questionnaire 3 times and nearly gave up. Fortunately I passed at the fourth attempt. Following that it took me several attempts before my investment was accepted.

September 3, 2023
Ethex logo

Reply from Ethex

Dear Roger,

Based on user feedback, we have recently made a number of changes to the content of the Investor Appropriateness Test and the information on risk that we provide in order to make it clearer.

The aim of the test is to ensure that potential investors fully understand the risks involved with the investments offered on our platform, which is an important part of the registration process.

We have published this article that gives more information on the test and its purpose.

https://www.ethex.org.uk/news/a-guide-to-registering-on-ethex

We thank you again for sharing your feedback, and if you would like to discuss any aspect of the registration process in more detail, please email help@ethex.org.uk.

Yours,
The Ethex Team

Rated 5 out of 5 stars
Ethex logo

Reply from Ethex

Hi Mike,
We just wanted to say a quick thank you for leaving a 5-star review of Ethex on TrustPilot. We appreciate you taking the time to do this and are delighted you are happy with the service we provide!
Yours,

The Ethex team

Rated 5 out of 5 stars

Simple process to invest and review

Ethex has clear links to portfolios and investments. The enhancements to keep money in the account made it easy to complete a transaction.

August 23, 2023
Ethex logo

Reply from Ethex

Hi Robin,
We just wanted to say a quick thank you for leaving a 5-star review of Ethex on TrustPilot. We appreciate you taking the time to do this and are delighted you are happy with the service we provide!
Yours,

The Ethex team

Rated 1 out of 5 stars

Very Clunky Process

I'm an experienced public company chair and CEO. Your qualifying investor process was awful. I failed twice, couldn't login for a far too long delay, and had to ask advisers how to answer. They couldn't answer correctly - implying the questions are misleading or the answer are wrong. I read all the notes on your website and concluded I would not answer differently, so had to accept gaming the answers by selecting an incorrect answer that apparently you think is correct. I then tried after three weeks and was told I couldn't login at all. After waiting an hour I was let in and finally qualified. I shall be recommending not using you again for future funding rounds, and telling all my contacts not to use you.

August 23, 2023
Ethex logo

Reply from Ethex

Dear Geoff
Based on user feedback, we have recently made a number of changes to the content of the Investor Appropriateness Test and the information on risk that we provide in order to make it clearer.

The aim of the test is to ensure that potential investors fully understand the risks involved with the investments offered on our platform, which is an important part of the registration process.

We have published this article that gives more information on the test and its purpose.

https://www.ethex.org.uk/news/a-guide-to-registering-on-ethex

We thank you again for sharing your feedback, and if you would like to discuss any aspect of the registration process in more detail, please email help@ethex.org.uk.

Yours,
The Ethex Team

Rated 2 out of 5 stars

Questionnaire for signing up is unclear

The questionnaire for signing up to Ethex is unnecessarily confusing and unclear and many of my fellow potential investors have had problems signing up. This really has to be changed, as it is putting new investors off.

July 30, 2023
Ethex logo

Reply from Ethex

Dear Ray,

Based on user feedback, we have recently made a number of changes to the content of the Investor Appropriateness Test and the information on risk that we provide in order to make it clearer.
The aim of the test is to ensure that potential investors fully understand the risks involved with the investments offered on our platform, which is an important part of the registration process. We have published this article that gives more information on the test and its purpose.

https://www.ethex.org.uk/news/a-guide-to-registering-on-ethex

We thank you again for sharing your feedback, and if you would like to discuss any aspect of the registration process in more detail, please email help@ethex.org.uk.

Yours,
The Ethex Team

Rated 1 out of 5 stars

Multiple choice knowledge test…

Multiple choice knowledge test unnecessary, I failed it three times and most of the directors failed it also!! This will put many people off applying for shares. Two boxes to tick - Terms and conditions and I understand the risks etc is surely sufficient.

August 21, 2023
Rated 4 out of 5 stars

I am glad there is a way to invest in…

I am glad there is a way to invest in non-profits that are aiming to better society. I do believe that ethex would be wise to encourage investment start-ups to offer all returns to investors rather than investments contributing to 'other'areas not necessarily explained fully in details with the overall aim of returning an average of 7% return to investors. This would align it better with traditional investments I believe.

August 14, 2023
Rated 2 out of 5 stars

I'd love to rate Ethex more highly but…

I'd love to rate Ethex more highly but I can't get accurate information for my tax return. Tax statements are incomplete - dealing only with investments where tax is deducted at source. I want to know what has or has not been paid on ALL investments made through the platform, regardless of whether Ethex are the registrar. This would be a whole lot easier if all investees had to make all payments via Ethex. Because they don't, it's impossible to keep track.

August 22, 2023
Unprompted review
Ethex logo

Reply from Ethex

Hi Kevin
Thanks for leaving your review and we appreciate your feedback on tax issues. If you need some further help, we will be happy to try to assist you, please email help@ethex.org.uk.
Many thanks

The Ethex Team

Rated 5 out of 5 stars

Lots of information and details about…

Lots of information and details about the process, giving absolutely clear risks associated with the investment.

August 11, 2023
Ethex logo

Reply from Ethex

Hello Christina,

We just wanted to say a quick thank you for leaving a 5-star review of Ethex on TrustPilot. We appreciate you taking the time to do this and are delighted you are happy with the service we provide!

Yours,
The Ethex team

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