Ethex Reviews 574

TrustScore 4.5 out of 5

4.6

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See what reviewers are saying

Rated 5 out of 5 stars

Great company, highly recommend what they are doing and how they help people who can't afford to borrow through usual means

Rated 5 out of 5 stars

Enjoyed reading the clear information and guidance about what i was investing in. Clear instructions about how to buy and the emphasis that I could lose all my money. Simple to take action.

Company replied

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

Company replied

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

4.6

Excellent

TrustScore 4.5 out of 5

574 reviews

5-star
4-star
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1-star

Asks customers to review

This company invites their customers to review, whether positive or negative

Replied to 75% of negative reviews

Typically replies within 2 weeks

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Rated 5 out of 5 stars

Platform is so easy to use

Platform is so easy to use. Investments are already researched so I don't have to.

27 September 2024
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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 5 out of 5 stars

Ethel is a route to investing wisely and safely

Quick. Straightforward. Plenty of information.
Clear links to documents
Generally an easy process

27 September 2024
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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 5 out of 5 stars

Speed and efficiency.

Informative introduction to a Solar Power investment with truthful risk factors. Speedy and accurate investment in a company, with prompt receipt of payment.

25 September 2024
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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 5 out of 5 stars

Doing better with your money, honestly & reliably

Good company to deal, my experience over many years and they do better things with your money, honestly and reliably.

12 September 2024
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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 5 out of 5 stars

Easy to use and clear information

Easy to use and clear information

2 September 2024
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 5 out of 5 stars

Always smooth experience with ethex

Always smooth experience with ethex, getting investments in and understand the opportunities

15 August 2024
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 5 out of 5 stars

Easy buying ethical investments

Downloading the Offer Document and buying the bonds was really easy. I trust Ethex to do due diligence so the offer is not a scam. Ethex gives access to investments that are not available anywhere else and are really ethical and sustainable. But investments are risky and not easily cashed in so don't invest money you can't afford to lose.

27 July 2024
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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 5 out of 5 stars

great opportunities to help other people

Ethex offers some great opportunities to help other people who are not as fortunate as some of us. All of the opportunities are genuine and your money is safe and put to good use. However, like all types of investment, do not invest if you cannot afford to lose the money.

7 August 2024
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 5 out of 5 stars

All the info you need

An easy to use website with all the necessary information. The help facility is also good.

6 August 2024
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 3 out of 5 stars

I was able to do what I set out to do


I was able to do what I set out to do

27 July 2024
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Reply from Ethex

Hello
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 5 out of 5 stars

An efficient organisation.

Everything is efficiently done.

30 July 2024
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 5 out of 5 stars

Very efficient

15 July 2024
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 5 out of 5 stars

Clear

Clear, straightforward.

12 July 2024
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 5 out of 5 stars

Easy to manage

Easy to manage! Thanks

28 June 2024
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 3 out of 5 stars

Undownloadble opition for…

Undownloadble opition for certifucates...Why should Microsoft 365 be mandated?

5 June 2024
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Reply from Ethex

Hello,

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. We are sorry to read that you have experienced an issue with downloading certificates and we have asked our Operations team to email you for some further details, so we can get our developers to look at the issue.
Yours
The Ethex Team

Rated 4 out of 5 stars

The two members of staff I spoke to…

The two members of staff I spoke to were very pleasant and helpful. Thanks

30 May 2024
Ethex logo

Reply from Ethex

Hello,

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 5 out of 5 stars

Safe clear way to invest money

Safe clear way to invest money in ethical projects (green projects and far more).
Website allows you to keep track of investments.

9 May 2024
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 2 out of 5 stars

Beware, your money really is at substantial risk

The platform works well but I wonder what level of vetting, if any, takes place before an offer is launched? Of the three investments I have made, two have resulted in a total loss in less than 3 years. I can't complain as it's made very clear that there is no protection but for me it's proved a very easy way of flushing money down the pan and without really helping any of the causes I believe in. In future, I'll just make a donation to those causes and invest my money in the regulated market.

16 May 2024
Unprompted review
Ethex logo

Reply from Ethex

Thank you for leaving your review of Ethex, we appreciate all feedback.

We’ve tried to ask you for some more information so we can identify your investment account with us and respond based on this, but we haven’t received a response from you, so we can’t confirm your investor identity.

We wanted to address the point you have made about our due diligence process. We can assure you that we take this process very seriously, and while it is inevitable that some of the businesses we list will not survive, we make every effort to review businesses listed on the platform for financial security to minimise the risk to our investors.

As you point out, we make the risks very clear along with the impact being created from investments in the offers.

We are pleased that most organisations listed on the Ethex platform are delivering financial returns and impact, combating climate change, building fairer societies, and strengthening communities.

To date, out of 159 individual offers on the Ethex platform, 155 are still trading, that’s 97.5% of our total offers since 2013. While this demonstrates a low failure rate, we do take every default extremely seriously, and we’re continually working to improve our due diligence process to reduce the risk for investors.

Thank you again for your review and if you have any further questions, please don’t hesitate to get in touch help@ethex.org.uk

Rated 5 out of 5 stars

I made a mistake while adding funds

I made a mistake while adding funds to my account and the Ethex team quickly picked up that something was wrong and contacted me so that things could be corrected, they were proactive and very helpful.

28 April 2024
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're happy that we were able to assist you with your account and are delighted you are happy with the service we provide!

Yours,
The Ethex team

Rated 2 out of 5 stars

Good concept, but flawed

I bought into this idea because it's a great concept and I wanted to invest money into things that would make a really positive difference.

Unfortunately, my experience has been that it is a very quick way to lose the money you invest.

The first investment was in Signalise, which to date hasn't made any interest payments (and for what it's worth, I understand and agree with the reasons why). However, it seems there was nothing tying Signalise into remaining on the Ethex platform for the duration of the investment. It is now no longer part of the Ethex platform, which makes tracking the investment more difficult.

My second investment was an IFISA investment into Vocaleyes Democracy CIC. On this one, I have to question the level of due diligence made in relation to the claims made in this investment offer, with the company ceasing trading in Sept last year. Though matters haven't been helped by the Directors of said company acting more like fly-by-night crooks than responsible Directors, providing a misleading update in March last year and then nothing until informing us of the company's demise as late as April 2024. I still have no idea of what happened to all the Ethex bond money invested.

My fingers have been burnt enough and if I want to give my money to good causes for no return, I'd rather do it via charity donations.

Edit: I have just received a response from one of the Directors (personal and not formally on behalf of the company), albeit one that confirms that answers to my questions will be given to bondholders via Ethex. On this basis, I will withdraw the above "fly-by-night crooks" comment, though I am still far from impressed by their lack of transparency and communication.

2 May 2024
Unprompted review
Ethex logo

Reply from Ethex

Thank you for your review. We appreciate all feedback from investors. We want to respond to your comments and concerns about the Signalise and Vocaleyes raises on our platform.

These two examples are different situations.

While it is inevitable that some of the small businesses that list will not survive, we understand the pain when a loss occurs. We also feel strongly that, regardless of financial performance, issuers have a duty to keep investors informed about how their money has been spent and the impact achieved. We are engaging with the Directors of VocalEyes Democracy CIC to ensure this happens.

While Signalise has faced challenges, the organisation is still trading, has grown rapidly and is delivering a much-needed and valued sign language interpreting service. Members voted at the recent AGM to make a first modest interest payment.

We accept that it is easier for investors to keep track of their investments if issuers take up our Registry service, whereby we manage the investor register, payments and ongoing communication with investors. Although we explain this alongside other advantages of the service, we have, so far, stopped short of making it a condition of listing on the platform (except in the case of IFISA bonds).

The large majority of organisations that have been listed on the Ethex platform are delivering financial returns and impact, tackling climate change, building fairer societies and creating stronger communities. To date, out of 159 individual offers on the Ethex platform, 155 are still trading, that’s 97.5% of our total offers since 2013. While this demonstrates a low failure rate, we do take every default extremely seriously, and we’re continually working to improve our due diligence process to reduce the risk for investors.

Thank you again for your review, if you have any further questions, please feel free to get in touch via email help@ethex.org.uk

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