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Abra Reviews 254

TrustScore 3 out of 5

3.0

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Rated 1 out of 5 stars

My account was locked without any tangible explanation and the customer support has been deliberately unresponsive . Giving Quick... #VIP... a try has changed everything for me . The returns has been... See more

Company replied

Rated 5 out of 5 stars

I’ve used Abra for two years: SEC-registered advisor, compliant from top to bottom. Assets in separately managed accounts—full segregation, smart tax minimization, no nasty surprises. My private w... See more

Company replied

Rated 1 out of 5 stars

Once again my questions to the company never gets answered. I want to know what is happening to the confiscated crypto I have in the Abra App. Between my daughter and I we have over $100,000 and you... See more

Company replied

Rated 5 out of 5 stars

Abra team , I have been been an ABRA customer in the past, before an issue with Texas that forced abra to liquidate its customers. So happy to see ABRA prevailed a winner . Would love to hav... See more

Company replied

Company details

  1. #39 of 42 best companies in Cryptocurrency Service
  2. #180 of 182 best companies in Alternative Financial Service
  3. #8 of 11 best companies in Currency Exchange Service

Written by the company

Abra provides high-net-worth individuals and institutions with a competitive edge in trading, investing, and collateralized borrowing—while maintaining full control through segregated account infrastructure.


Contact info

You should know

3.0

Average

TrustScore 3 out of 5

254 reviews

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Rated 1 out of 5 stars

ABRA !!!!

.
ABRA global is trying to steal my funds
I deposited funds on the 12/04/2023.
My funds didn’t come in. I realized later my deposits had been disabled.I contacted ABRA and they said I had to recall the funds from my bank myself. Which I tried but unfortunately the money had already gone out and was deposited in ABRAs third party account, Prime Trust LLC.
I contacted prime trust LLC and they said they had deposited and settled the funds with ABRA.
Today I got an email back from Prime trust saying ABRA declined the recall because the funds had been withdrawn.
I don’t have access to my ABRA app because ABRA temporarily disabled it and stated on the disabled message it was requested by the owner. This is completely a lie.
I want my funds back now!
ABRA has since not responded to my emails anymore!
Here is my support ticket number
824796

I need answers!

Now I’m beginning to believe all the negative reviews I’m getting from ABRA on trust pilot.

April 12, 2023
Unprompted review
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Reply from Abra

Hello Christian, we appreciate you taking the time to leave a review. From our records, we see this wire was reversed and funds were sent back to your bank. If you have any other questions or feedback please reach out to support. We really appreciate input from users like you. Best, Abra Support

Rated 1 out of 5 stars

I am a real person ..

I am a real person ... I work extremely hard for my money... I have moved large amounts of money all over the world at times in my life... I mean large legal money.
This company is super fu_king bad news .. the reviews i wish i had read before i got involved with them.. I am suing starting tomorrow and thats no joke .. they stole my clients money..... crushed their family and now homeless.. how is that for a review of pure unfiltered truth ... I have the emails all of them ..

March 30, 2023
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We were unable to find your support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support

Rated 1 out of 5 stars

I bought 4000 cprx with my own…

I bought 4000 cprx with my own money.today it's worth 60 dollars but abra say I can't sell or transfer or cash out in any way.what? That's my money and I want it

March 26, 2022
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review, your feedback means a lot to us. We truly value input from users like you and will strongly consider your comments. We're always eager to learn how we can improve Abra for you.
Best,
Abra Support

Rated 1 out of 5 stars

Slow and looping answering on client relationship

The service offered seems good and is quick...except on client requests... they spend days to understand simple questions ..mainly because differente people treat the same case and you have to explain and re-explain same thing over days.

They also requests you info not warned previously for withdrawals....

By the moment it's not a bad platform but need improve to reach Nexo or Youhodler, but doesn't seem the classical scam.

— After two years — What you're seeing now proves me right; two years to reply with a simple "thank you for your feedback." I didn't even remember these people.

March 14, 2023
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We really appreciate input from users like you and will strongly consider this feedback. We always love to hear your feedback on making Abra better. Best, Abra Support

Rated 1 out of 5 stars

ABRA NEED A LAWSUIT

I HAVE 25 USD WORTH OF PERX ON MY ACCOUNT WHICH IS (2,246 CPRX) AND I WANT TO WITHDRAW, AND YOUR STUPID APP IS TELLING ME THAT THE MINIMUM I CAN DO IS 20,000 CPRX. EXCUSE ME WHAT???? SINCE WHEN IS THE MINIMUM TO WITHDRAW FUNDS THAT FUCING HIGH?? FIRST YOUR FEES ARE WAY TOO HIGH NOW YOUR WITHDRAWALS ARE ALSO HIGH??? YOU DISABLED TRADING OF THE CPRX FOR MONTHS NOW, WHO FUKIxNG DOES THAT?? FUKxING CLOWNS 🤡. I AM DONE USING YOUR SHITxTY APP. I WANT MY ACCOUNT CLOSED DOWN AND MY FUNDS OUT AS SOON AS POSSIBLE.

March 4, 2023
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. Unfortunately, we were unable to find a support ticket with the information provided in your review. We've reached out to you via Trustpilot to request additional details.
Please respond with the additional information at your earliest convenience to assist you further.
Best,
Abra Support

Rated 1 out of 5 stars

Totally scam project

Totally scam project, most of investors money run away and this platform never proceed any deposits, also they have worst costumer support!!!!

February 27, 2022
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. Unfortunately, we were unable to find a support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support

Rated 1 out of 5 stars

They will change your address using the…

They will change your address using the seed phrase they initially provided. So they can do that anytime . It is 100 percent scam

February 15, 2023
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. However, Abra never has access to your recovery phrase at any time.

Asset addresses are changed from time to time by the custodian. If they are changed we do reach out via email to inform you of this change. We always recommend checking your asset deposit address before depositing funds in order to make sure you are using the most up-to-date address.
If you have any other questions or concerns please reach out to our team.

Best, Abra Support

Rated 1 out of 5 stars

Questionable Technical Platform

I have been unable to move/exchange/stake my ETH for almost a year. This was first reported in August 2022, the response is "our engineering team is looking into it and will let you know when we have a response".

Their technical teams are unable to resolve issues, which is why customer service has taken a dive.

The platform is fine when working but dont expect any resolution if you encounter a problem.

August 14, 2022
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Reply from Abra

We appreciate you taking the time to leave this review, your feedback means a lot to us. We truly value input from users like you and will strongly consider your comments. We're always eager to learn how we can improve Abra for you.
Best,
Abra Support

Rated 1 out of 5 stars

Scamming robbing parasites

Scam. Invested £1000 GBP. I got an email saying they were not supporting the coins I purchased anymore immediately after I bought them. I have two weeks to trade. I have been trying to sell my XMY and Endor for the last 10 months. I have sent multiple support tickets and they have not replied. My coins value dropped now I can’t withdraw or exchange them it’s just says contact support. Disgusting scamming robbing platform. Stay away I’ve lost a thousand pounds with them. The CEO will be sent to prison one day I assure you.

February 6, 2023
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We were unable to find your support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support

Rated 2 out of 5 stars

Excessive fees and unable to withdraw to bank account

Excessive fees when changing Eth to USDP. Earning interest but decided to sell my USDP and withdraw to my bank account. No customer service availableWas unable to submit my bank details. So ended up buyin BTC and transfer over to another exchange to then withdraw. All costing more transactions fees. I don't think I will be using again.

January 30, 2023
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We really appreciate input from users like you and will strongly consider this feedback. Best, Abra Support

Rated 1 out of 5 stars

No Customer Support

I am a Texas resident, current customer. I received two weeks notice of closing my loan because Abra will no longer office loan service in the state. I have enough funds in my Abra to close the loan, however on my Abra app there is no PAY button. I've tried multiple phones with the same result. Since I don't have a way to pay though the app, I proceeded to try to reach customer service.
1. First I tried the customer service phone number 1-877-246-2272. For anyone who is thinking about joining Abra, try calling them first. You would not be able to reach anyone at anytime.
2. After failing to reach customer service by phone, I then tried opening a ticket via email. No one responded for over a week. Then, someone responded with one sentence saying there is no problem. And clearly the person didn't even read my entire ticket content and didn't bother to figure out what was wrong. Maybe there was a glitch in the system with my account. The person offered no help. I then replied to the email stating that I was still having the issue and needed a way to pay for my loan with the funds I already have in my account. Now another week has gone by and no one has responded since. If I don't pay the loan in time, Abra stating that my account will be liquidated (even though I have funds sitting in my account and someone at Abra just had to transfer it over). This is very frustrating and costly.

Edit, I just read reviews before me here on Trustpilot and Abra all responded with a copy and paste response so I guess I will get the same ....

"We appreciate you taking the time to leave this review. We were unable to find your support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support"

January 25, 2023
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. And have requested additional information in order to assist with the issue you have reported. Please respond with the additional information at your earliest convenience. Best, Abra Support

Rated 1 out of 5 stars

Everything went wrong from trading to…

Everything went wrong from trading to exchange to withdraw.
I haven't withdraw any amount yet. It's been more than a year since the maintenance took place. SCAM!!!

January 30, 2022
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We were unable to find your support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support

Rated 1 out of 5 stars

Scam,definitly scam.

Scam,definitly scam.I opened an account with them and paid crypto. I made a conversion into their token and put it in the staking program. On the day of my announcement, they did not allow me to make any transaction with it. No one does such things and that's why you don't enter that application. Look at the scam detector and similar sites, so you will see their rating.

January 9, 2023
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We were unable to find your support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support

Rated 1 out of 5 stars

I was locked out of my wallet 6 months…

I was locked out of my wallet 6 months as I just got automated responses that did not resolve the issue, I think 6 days was excessive. The response from support was we are having difficulties. There was no support.or a suitable response

December 22, 2021
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We were unable to find your support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support

Rated 4 out of 5 stars

Live customer service - edited

Customer service! Kind of nice to have a live agent respond immediately. When our chat dropped I received a prompt email summarizing our conversation. The Abra rep was not immediately able to answer my question. He volunteered to contact the other crypto exchange to solve my issue. After a couple email exchanges question answered. Not sure why there’s a 2 star rating for Abra. I seldom give 5 stars but having a knowledgeable support team is huge in an era where it’s easy to be botted to death.
Thought I’d add to this after reading the 1 star reviews. CPRX will be open for trading most likely in the next two weeks. Abra will resume with a crypto banking license. To my knowledge their only 1 of 2 banks in the US. Maturity in this space happens with time for both assets and companies.

October 23, 2022
Unprompted review
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Reply from Abra

We appreciate the kind words and you taking the time to leave this review! We're always happy to hear from members of the Abra family, and are here if you need any assistance! Best, Abra Support

Rated 1 out of 5 stars

They will scam you out of your money

They said they discontinued a coin that I had and said they sent email ( never received) and now my money is gone
5LP374-G446L
802101
Oct 25, 2022, 1:07 PM PDT

Hello Ron,

I truly apologize for the information I sent earlier.

You are correct, that was for EXP being delisted.

XHV was delisted from our platform in April. We sent out email communications regarding the removal date as well as in-app notifications.


Again, I am sorry you are dealing with this situation, but since this asset has been delisted from our platform, these funds are considered lost.

Best regards,
Rodd

October 13, 2022
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We were unable to find your support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support

Rated 1 out of 5 stars

Absolutely no customer service

Absolutely no customer service. Stay away. Plenty of better alternatives are available.

September 24, 2022
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We were unable to find your support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support

Rated 1 out of 5 stars

Rug pull

Rug pull. I purchased a large ammount of their token and the next week they dissolved the program. I was told to contact legal at abra.com which doesn't exist.

Note: Trustpilot is being paid to remove negative reviews. I've reposted this many times. And they're still a 2 star.

May 1, 2022
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We were unable to find your support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support

Rated 1 out of 5 stars

Abra thought it could create something from nothing and got caught with their pants down.

Abra was trying to get people to invest in it's own coin CPRX and then ran into liquidity problems with it. To prevent the coin from being run into the ground Abra stopped people from redeeming the coin. So if you hold the coin, you can't get your money out until late 2022 according to them but probably 2023. This is fraud. That coin should never have been issued. Abra lacked the money to support it. Abra thought it could create something out of nothing and they were wrong. A 10 year old could have told you this but apparently these were in short supply over at Abra.

August 16, 2022
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We understand that this pause may create frustration, but please know that we are working tirelessly to grow CPRX’s utility and community, along with the next generation of rewards for everyday activity. Our team is working on new ways of using CPRX and are planning for late 2022. For the latest information, you can check out this article here: support.abra.com/hc/en-us/articles/6161424722715-.
Best, Abra Support

Rated 1 out of 5 stars

Abra is a joke

Abra is a joke, I started using them from it being endorsed at the Tony Robbins wealth mastery. I've been trying to get my money out of their app for the last 90 days. It's been very difficult, their support takes a 2-3 days to respond and are not very helpful.

When I did finally figure out how to withdraw it (I had to use a legacy bitcoin address) their fees where significantly higher than what coinbase charges when withdrawing bitcoin. Abra was around $7 in network fees and coinbase was around $0.50 for the amount I was sending.

And I got some email saying it could take up to 7 days until it was transferred. It did not take 7 days it only took about 15 minutes.

I think this company is in some sort of trouble. I would get your money out as soon as you can. Get a cold wallet. Be safe.

August 7, 2022
Unprompted review
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Reply from Abra

We appreciate you taking the time to leave this review. We were unable to find your support ticket with the information provided in your review and have requested additional information from you via TrustPilot. Please respond with the additional information at your earliest convenience. Best, Abra Support

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