Magnr Reviews 

64
TrustScore 1.5 out of 5

1.3

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 1 out of 5 stars

I did 3 withdrawals of 3 separate amounts, however I noticed that 10 hours later they grouped these withdrawals together into 1, leading to a big problem for me, I now lost 25 btc because of this. Als... See more

Company replied

Rated 3 out of 5 stars

Nice design, but interest rate must be indicated as profit from investment, when sign up - there must be E mail, Login and Password ( in case you lost your password ) and In FAQ - How MagnR works will... See more

Rated 1 out of 5 stars

I sent a deposit to trade but it has not arrived even after 5 confirmations. Will i get back my bitcoin . It seems they have halted trading ?

Rated 1 out of 5 stars

The savings account is nice, but all exchanges offering trades on margin should be viewed with suspicion. I've been trading on Magnr for almost a year and I've come to the realization that their comm... See more

Company replied

Company details

  1. Business Services

Information provided by various external sources

Magnr.com is the world's most trusted bitcoin bank. Magnr Savings allows clients to generate a passive interest return on deposited bitcoins. Magnr Trading offers leveraged trading on the current bitcoin price.


Contact info

1.3

Bad

TrustScore 1.5 out of 5

64 reviews

5-star
4-star
3-star
2-star
1-star

No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

1.3

All reviews

(64)

0 reviews in the last 12 months

Write a review
Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

Professional Company with Profession Employee

At first when I heard about this site, I must admit that I still have a lot of doubt because how could I trust someone or some sites that I had ever known or gone to? But after I had contacted support to ask for more information, I was totally convinced that Magnr is an honest business with such a good interest rate (better than my local bank!). With a professional design and working, you will be totally satisfied with Magnr!

January 6, 2016
Unprompted review
Advertisement
Rated 4 out of 5 stars

Solid Person Solid Work

I would recommend to use this site for their security and friendly design that easy to navigate through
Like the interest rate and also I like the trading that you can gain profit in price movement
But always remember, don't spend more than you can afford to lose

January 6, 2016
Unprompted review
Rated 4 out of 5 stars

Good design and Interface. Site segmentation could be optimised further.

I like the design and the flow of narrative on the pages. The language is for the most part crisp and precise. I like the transparency exhibited in putting out detailed profiles of both the team and the investors.

That said, I would not have the place trades box right after the Earn interest box. The place trades box has a reference to leveraged trading which seems a little frivolous given that the previous boxes were designed to gain the user's confidence and trust to place his btc on deposit with Magnr. I would create a separate page that describes the leveraged trading offerings.

January 6, 2016
Unprompted review
Rated 4 out of 5 stars

Btc.sx to Magnr

Being a long time user of both the platform I believe that the transition from their initial offering of trading with margin to a more secured interest on deposits like a savings account is much more customer focused approach towards wealth management.

January 6, 2016
Unprompted review
Rated 5 out of 5 stars

Site finally i trust on it

After investing many site i am disappointed but after finding magnr i can say my search finally stopped . You can invest your bitcoin securely with magnr very simply and easily. they also provide interest + trading option which is added factor to this site ..i must say start investing now .

January 6, 2016
Unprompted review
Advertisement
Rated 4 out of 5 stars

Sleek and easy to understand system

Magnr.com is a sleek trading and investing site.

Their interface is clean, much like Coinbase's. They have a high fixed interest rate for your first year, then you get your share of the fees from the traders. The only problem is you'll have to wait a year until the first vouch, as the payouts are made once a year. Their investment system is fairly transparent, and legitimate sounding, but as I said, there's no proof.

Pros:
Sleek interface
Trusted devs
High fixed interest rate
Easy to understand system

Cons:
No proof

January 6, 2016
Unprompted review
Rated 4 out of 5 stars

Smooth design and attractive

The design is really smooth and clear for new people. All things you wanna know you can find back in a good helpcenter. The registration is easy only the captcha failed twice and third time I had to copy a code and it worked. You can also deposit small amounts to start with and withdraw is possible at any time even low amounts. They have everything to be a big company in the future.

January 5, 2016
Unprompted review
Rated 4 out of 5 stars

MAgnr.com

Since im newly registered
The only want to know first is how much website is secured
And according to faq The site looks secured and safe.
Then i also like the interest rate and also i like the trading that you can gain profit in price movement.

January 5, 2016
Unprompted review
Rated 4 out of 5 stars

high security, excellent design

It was my first time that I used the website. I like their system of trading, the design of website is fascinating. I Ike it. The captcha system is interesting. I hope they do not become bankrupt and the system is interesting. But captcha maybe on nerve sometime! knowledge!

January 5, 2016
Unprompted review
Advertisement
Rated 5 out of 5 stars

Investment of Bitcoin

Website looks great. Something I have being looking for is a bank for my bitcoin, this is it, every thing a bank has plus interest that will be more than I get with a normal bank to help grow my investment

January 5, 2016
Unprompted review
Rated 3 out of 5 stars

Good, but can be better

Nice design, but interest rate must be indicated as profit from investment, when sign up - there must be E mail, Login and Password ( in case you lost your password ) and In FAQ - How MagnR works will be enough with 1 question and answer, plus min. deposit must be indicated in very clear and short form.

January 5, 2016
Unprompted review
Rated 4 out of 5 stars

Overall, it is a good site.

Regarding the operation itself I am concerned about the withdrawals being manually processed, I did not try to deposit but I find it curious that there is a lower limit for withdrawing funds but no to deposit them.

About the site, the design is nice, the colors do not hurt the eyes and are appropriate for the topic, the font and its size make reading easy, the pictures have good quality. The navigation is somewhat intuitive, but I think the "about" menu has too much under it (I think FAQ and contact do not completely fit there, for example). I feel that 'FAQ", "knowledge center" and "contact us" overlap in some way (there is a FAQ inside the KB, for example). The site is a bit slow sometimes, if you are a bit impatient you may think it is not loading (it takes about 1 second to move from the current page, sometimes, at least in a 10 Mb connection in South America).

Finally, I would suggest the site owners to fix two or three things:
- Having to fill a captcha to log in is a bit annoying, you should also whitelist the main e-mail providers, that would help you to avoid spam in your DB (I do not think anyone with a serious investment would register with a temporary mail).
- The map of your location is just showing a default google map (a map of the whole world), either remove it or appropriately display your location.
- There are some typos, as someone already pointed out, for example, in the FAQ under " Can I withdraw my funds at any time? " you wrote twice "during that".
- The articles where you have been featured in, at least some of them, talk about your old company not the current one. Either move it somewhere else or bring some real testimonials.
- Your copyright message at the very bottom seems to be hard-coded, it still displays 2013-2015 (at least I tend to think that such things suggest lack of attention or that the site is not updated too often -or both-).
- If I update the e-mail, no notifications are send to my old e-mail, I think that is a security hole (if someone manages to get my password he can easily take over my account -of course you can always use 2FA, but there are people with no access to a smartphone//tablet-).
- "Contact us" is not linked properly, it takes us to your advisers (at least in small screens the e-mails at the bottom cannot be seen from there).

January 5, 2016
Unprompted review
Rated 4 out of 5 stars

Useful trading platform

This website have very nice scrypt and design, easy to navigate with , and simple to understand how it works, i think it's really useful trading platform , not complicated and facilitate the trading deals and transactions between the cryptocurrencies users worldwide. I think it's deserviong a try anyway !

January 5, 2016
Unprompted review
Advertisement
Rated 4 out of 5 stars

Looks Good But?

The site looks good athough it might be a bit too busy for some people with big images in the background. Also causing slow loading on old computers / internet connections.

The faq and information seems well laid out and seems like something you can trust.

However! They dont seem to disclose anymore information than based in the UK. It would be nice to see an actual address and registered business. To make you feel more secure about depositing.

January 5, 2016
Unprompted review
Rated 5 out of 5 stars

magnr Great BITCOIN trading platfom

great place to invest and trade with bitcoin
very easy to join just fill the form by entering your email and password ( i recommended to add Two-factor authentication for security reason) than click sign up and start invest by deposit BITCOIN and place orders
they allow you to earn interest on your bitcoin deposit
safe and trusted platform

January 5, 2016
Unprompted review
Rated 4 out of 5 stars

great and smart way to invest

first time i see the website make me feel enjoying my self because of that comfortable and enjoyable website...most of the best website

magnr also a place to make your money grow in a smart way by investing and doing a trading in there..they have a friendly admin and polite

now is the time for us to let our money grow...

January 5, 2016
Unprompted review
Rated 5 out of 5 stars

Very good trading and savings platform

There are many sites who scams your coin away, from what i have encountered magnr is a trusted platform, which is being run by reputable members in the bitcointalk community. good trading platform, what interests me is the savings account which allows to earn interest on your deposited bitcoins.

January 5, 2016
Unprompted review
Advertisement
Rated 4 out of 5 stars

The Good and the Bad

HOMEPAGE
Slider: You need to fix it, bcoz its not showing properly, after 1 loop its goes bad and just keep moving.

2.35% AER INTEREST RATE = What is AER? use common words, not everyone is an expert with acronyms.

Over all the site feels like a HYIP rather than a BTC savings site.

My take is remove the flashy promises on the homepage and put that on a seperate page where people can read if they want a side story.

to make it more legit. Homepage should include, About Us, and Company profile. Mission Visions of the company.

The site is Mobile Friendly can easily navigate even on a tiny screen.

The site is not optimize for 800x600 resolutions.


"WE ARE A LONDON BASED STARTUP
Magnr is located in the heart of London, where financial trust meets technological innovation"

No Physical Address??
Using Capco address? a banking Consultancy Firm. Meaning?

If you have a Good team, you should atleast get your own physical office. Or rent a virtual address to make it more legit.

registered Company in the UK? doesnt give credibility anymore. Anyone can get it for $50

January 5, 2016
Unprompted review
Rated 4 out of 5 stars

magnr

a good service, I hope you are getting bigger in the future. happy to write this. really good

January 5, 2016
Unprompted review

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look