Almashreq Stocks has been flagged by Financial Regulatory Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I want to warn everyone about Almashreq Stocks. They have been flagged by Financial Regulatory Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Blocked my account|No legitimate license|Fake returns
I was about to invest with Almashreq Stocks but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Regulatory Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Financial Regulatory Authority|Cannot verify credentials
For anyone considering Almashreq Stocks, please be aware that this company has been flagged by Financial Regulatory Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Customer support at Almashreq Stocks 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: Easy to use platform|Social trading features|Segregated accounts|No hidden fees
Cons: Research section could be deeper
I lost a significant amount because Almashreq Stocks did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Demo account available|Responsive team
Cons: Research section could be deeper
After spending for over a year trying to make Almashreq Stocks work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Multi-device support|Wide product range|Low minimum deposit|Dedicated account manager
Cons: No crypto staking|Slow to add new assets
I wanted to transfer my portfolio from another broker to Almashreq Stocks. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Fast execution|Regular platform improvements|Wide product range
Cons: Live chat only during business hours|Limited demo account features
I invested $5,000 with Almashreq Stocks after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Regulatory Authority.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Almashreq Stocks said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Real-time alerts|Two-factor authentication|Responsive team|Quick verification
Cons: No dark mode on mobile|Some tools only available on higher tiers