Arbiquant (esmundoslive.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: esmundoslive.com.
Do not be fooled by the professional-looking website. Behind the scenes, Arbiquant (esmundoslive.com) is disorganized and incompetent. I found them after comparing multiple platforms and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multi-device support|Easy to use platform|Real-time alerts
Cons: Would like more payment methods
I trusted Arbiquant (esmundoslive.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Dividend tracking|Regular platform improvements|Competitive fees
Cons: Wait times can be long during peak hours
If you are reading this considering Arbiquant (esmundoslive.com) - run. I wish I had read more negative reviews through a financial advisor. 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: Real-time alerts|Fast deposits
Cons: Alert system is basic
I closed a profitable position at Arbiquant (esmundoslive.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Detailed reporting|Excellent charting|Clear documentation|Smooth onboarding
Cons: Slow to add new assets
Arbiquant (esmundoslive.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Dividend tracking|Professional team|Tax reports included|Multiple order types
Cons: Mobile app could be improved
My card was charged twice by Arbiquant (esmundoslive.com) on the same day. I had to dispute it with my bank. Arbiquant (esmundoslive.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: API access|Social trading features
Cons: Limited demo account features|Search feature is basic