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.
Abra (abra.com) has 243 customer reviews on Five Star Index, with an average rating of 1.8 out of 5.
Also known as
abra.com
Website
abra.com
Category
Banking & Money
Listed on Five Star Index
2026
About these reviews
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The company replied to 98% of reviews.
Latest
Most recent review: October 2026.
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It’s the worse, it’s a bloody scam, I lost all my funds in one go, and Abra said my account was hacked and they have no idea where my funds went and stopped responding to my emails when I asked more questions, they didn’t want to know. Absolutely disgraceful no security no customer service and a complete lack of security on funds. They can’t trace where my funds or give any explanation at all. Totally utterly shocked how I’ve been treated.
Response from AbraDec 10, 2021
We appreciate you taking the time to leave this review and are sorry to hear about this experience. A member of our team has recently reached out to your ticket #458621 via email. If you have any additional questions, please reach back out to your ticket #458621. Best, Abra Support
ST
Stephen T.
While I like the concept of the Abra…
While I like the concept of the Abra wallet and their introducing a token to the platform, its customer service is woefully lacking to the extreme. As an example, It appears that the crypto offer when signing up and attending the LA Blockchain Summit (well worth attending BTW) won't be honored. Inquires made, while replied to, always lead to the same follow up question which I answer but are never responded to afterwards. While my experience is admittedly limited, first impressions are lasting, as they say.
Following up, one month later I finally received a reply.before I get to that, I'll summarize; I register for the LA Blockchain summit and open an Abra account via the link provided on October 14th. I received follow up emails reminding me to make a deposit to my account to be eligible for the bonus and to attend the summit. Today I was told that I'm not a new user so I am ineligible for the bonus. I know that startups get overwhelmed with requests, but this reply is particularly annoying to me. I followed all the steps and then I'm told I'm not eligible. What else are they capable of?
I appreciate Abra's reply. The statement that I opened the account too soon is nonsensical. As I have repeatedly stated, I opened the account via the link Abra provided on the LA Blockchain Summit's site and stated the bonus provided if I did so. What a run around. At least those who do decide to sign up at Abra know what they're in for.
Response from AbraNov 18, 2021
We understand how this may be frustrating and are sorry to hear about your experience. Unfortunately, the date that you opened your Abra wallet makes you ineligible for the bonus. If you have any additional questions, please follow up with your ticket #436524. Best, Abra Support
DS
Dionne S.
This is a scam
This is a scam, please do not use with company unless you want to lose your money!
I have been waiting for a response from Abra to make a withdrawal, suprise suprise no response recieved and an apparant prime trust application pending, pending, pending forever! The app looks genuine, but please do not be fouled like i was.
Response from AbraNov 17, 2021
Thank you for taking the time to leave this review. We were able to locate your support ticket with the information provided in your review. A member of our team has recently responded to your ticket #436524 with additional information. If you have any additional questions, please follow up with your ticket #436524. Best, Abra Support
SL
Sym L.
Registered after visiting an ad on Brave
Registered on November 9, verification document sent within minutes, accept in 15s .
Followed by a deposit of 3€ in XRP in order to respect the conditions of the promotion (Download the app via a QR code, register, make the verification and then a minimum deposit of 1$)
I was supposed to receive 20 USDT in the 72h that followed the deposit.
After 48h without any mail about the promo (but 4/5 mails promoting their "great" services) I contact the support who explains me that I have to wait 72h and that I would receive the 15 USDT, 15 USDT ? I answer that the promo was offering 20 USDT and the answer was that my ticket must be "escalated for further investigation".
Still 48h later, still no answer.
On the promo it also says that they have a "live support", my only option is via email. On the application nothing and on the website you can't connect. (there is a small window that looks like a live chat, but again it's an email with an automatic response "an answer will be provided within 24 hours")
Conclusion, for the moment I made a 3€ donation, my ID and I will surely not use this app as my main or even secondary wallet
Update: Your answere is from less than 10h ago, all information you requested have been sent, lets see how much time you need again.
24h after i received the Abra Bonus of 20 USD
I updated my review from 1 star to 3 star .. I would like to to put a better rating but you didnt have any live chat like you said on Brave ads, or i wasnt able to find it and i still had no answer in my tickets :/
Charged of 2.29$ to send 0.09 LTC ..
i usualy pay 0.1/.2 per transaction LOL
Response from AbraNov 16, 2021
We can understand how this may be frustrating and appreciate you taking the time to leave the review. We'd like to look into this further but were unable to locate you based off of the information in your review. We requested additional information through Trustpilot, please reply and we'd be happy to look into this for you. Best, Abra Support
HH
Harry H.
A deposit was made through mercuryo on…
A deposit was made through mercuryo on Sunday to a wallet address and it has reflected over 2 days now, it sucks and its frustrating, please what is the issue or what went wrong.
Response from AbraOct 26, 2021
We can understand how this may be frustrating and appreciate you taking the time to leave the review. We'd like to look into this further but were unable to locate you based off of the information in your review. We requested additional information through Trustpilot, please reply and we'd be happy to look into this for you. Best, Abra Support
LG
Luis G.
Worst “Investment/Crypto” App
Abra is the worst “investment/crypto” app I’ve ever had. I have Etrade, Robinhood, Coinbase and other banking apps and never experienced the problems I’ve been experiencing with Abra. The Abra app crashes whenever I try depositing money from my bank (which I’m thankful since it’s impossible to withdraw your own money). In May 2021 I transferred USDC from Coinbase to Abra to receive weekly interest. Due to the app being terrible my account shows a zero balance even though it shows the original deposit transaction and the weekly interest deposit transactions. I’ve sent multiple emails since June and I get the same reply that they’re working on it and escalating it to the engineering team. Abra, if you can’t figure out what’s wrong with the app then transfer my USDC back to Coinbase.
Response from AbraOct 18, 2021
We can understand how this may be frustrating and appreciate you taking the time to leave the review. We'd like to look into this further but were unable to locate you based off of the information in your review. We requested requested your information through Trustpilot, please reply and we'd be happy to look into this for you. Best, Abra Support
JW
Jeff W.
Abra is trash and so is Prime Trust! SCAM
That is trash and so is Prime Trust. Just like everyone is saying on this website. It took forever for them to approve my application at Prime Trust. Once approved I was able to send money in no time. Now I want my money back and here are more problems. I have been emailing them for two weeks now. I keep receiving emails from Haesoo, Ava, Nicole, and Mia. They are all bots of course because they say the same thing. Sorry for the confusion.. We have escalated you problem. We have contacted prime trust.. Prime trust is still looking into the problem.. We will send this to our wire team. I have received this email numerous times, and sometimes no response at all. Just like people here say. They are quick to take your money, but when you want it back they are silent. This is definitely a scam. I have never had this problem with Robinhood or Fidelity. How did this app even get on the app store and able to download? I want my money back! #407405. And I know I will receive an automated response here saying if you have any further question please contact us. I have told you my question and I want my money back! I dont have any other questions!
UPDATE they replied to my email with this from of course one of the bots still not answering my question or fixing the problem. Now my money has not been deposited to my bank because of a bug they say they have. I have never heard of a bug in the app when it comes to giving me MY money back. Again Robinhood and Fidelity dont have these problems when I want MY money back.
Ava (Abra)
Oct 11, 2021, 11:04 AM PDT
Hello Jeff,
Thanks for your patience as our team continues to work on this issue.
I understand this is not ideal and an absolute inconvenience. However, a bug or failure in-app requires investigation and is not an instant fix. However, as Prime Trust processes all banking transactions, we do need to wait for their team to resolve this issue.
You can always withdraw these funds via cryptocurrency in the meantime.
My apologies for the amount of time this may take Prime Trust to resolve and we'll be sure to reach back out once we have an update.
Best regards,
-Ava
I want my money.
Another update. Prime Trust is trying to make me keep my money in their account and not let me take it out. I just received an email from Abra saying I’m trying to send an international wire with a domestic swift code. Chase bank only has one swift code it’s the same for domestic and international and my routing number is for California. They are making up lies to make me keep my money in their account and sent my money back into the Abra account. What they will do is keep making lies until you get tired of arguing with them and keep your money in the account.
Ava (Abra)
Oct 13, 2021, 1:37 PM PDT
Hello Jeff,
Thanks for your patience.
Prime Trust has provided an update regarding the reason your withdraw continues to fail.
Prime Trust reports you are trying to send an international wire with a domestic SWIFT code and we are unable to do that. As your wallet is a US wallet, and the wire is going to a US based bank account you will need to enter a domestic wire routing number and account number in order to withdraw to a US bank account.
Your recent withdrawal has been canceled for this reason.
Please enter the correct information in order to withdrawal to your bank account.
In the meantime, please let us know if you have any additional questions.
This is fraud! You should have my banking information in your system when I sent the wire transfer the first time. That is how legit companies do business.
Response from AbraOct 11, 2021
We appreciate you following up with your review, and can assure you that we are not bots. Abra does not list your banking information, so that users may have the ability to withdraw to any bank they wish to. Therefore, it must be manually entered for wire withdraws for this specific reason. If you have any additional questions, please reach back out to your ticket #407405. Best, Abra Support
PD
Patrick D.
No problems adding funds to my wallets…
No problems adding funds to my wallets within Abra. The real issue is withdrawing them. I've verified who I am with Abra themselves, which I guess is ok, no hitch there. Now I want to send my money to my bank, and thats where issue starts. Now you have to submit an application to Prime Trust, who will "hold" your funds. Keywords - "Hold" then send your funds to your bank. Needless to say its been 3 applications, 3 times sending my ID to them, and same message on app "Action needed: Additional documents required" I noticed on BBB website about Prime Trust, and just wow, all the people that were scammed out of money. There is no support on Prime Trust website, nor does Abra have any real help on the matter.
Response from AbraOct 6, 2021
We can understand how this may be frustrating and appreciate you taking the time to leave this review. We recently had a member of our team respond to ticket #411207 via email. If you have any additional questions, please don't hesitate to reach back out to your ticket #411207. Best, Abra Support