Advantage Securities Inc has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 20/F IFC Two 8 Finance Street Central Hong Kong This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.advantagesecurities.com.
Do not believe the bonus offer from Advantage Securities Inc. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after comparing multiple platforms and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Portfolio tracking tools|Market news feed|Instant funding|Multi-currency support
Cons: Mobile app could be improved|Some tools only available on higher tiers
I experienced a security concern with my Advantage Securities Inc account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Market news feed|Customizable dashboard
Cons: Website design could be more modern|No live chat on mobile
I have been trying to close my account with Advantage Securities Inc for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Transparent fees|Great customer service
Cons: Search feature is basic
I requested my data from Advantage Securities Inc under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Social trading features|Competitive fees
Cons: None so far|Could offer more webinars
Opened my account with Advantage Securities Inc from a blog post comparing services and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Easy to use platform|Regular platform improvements|Segregated accounts|Transparent fees
Cons: Live chat only during business hours|Limited cryptocurrency options
Customer support at Advantage Securities Inc seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Dividend tracking|Detailed reporting|Clear documentation
Cons: Some tools only available on higher tiers
The hidden fees at Advantage Securities Inc are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Clean UI|Competitive fees|Low minimum deposit
Cons: Wait times can be long during peak hours|Help articles are sometimes vague
If you are reading this considering Advantage Securities Inc - run. I wish I had read more negative reviews through word of mouth in my investment club. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Clean UI|Great customer service
Cons: Desktop app not available on Linux
The platform at Advantage Securities Inc is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over a year of dealing with this, I have had enough.
Pros: Easy withdrawals|No hidden fees|Good mobile app|Dedicated account manager
Cons: No integrated tax optimization|Would like more payment methods
The mobile app from Advantage Securities Inc is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Real-time alerts|Excellent charting
Cons: Inactivity fee applies after 12 months