Baked Beans Reloaded (bakedbeans.app) 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: bakedbeans.app.
The spread at Baked Beans Reloaded (bakedbeans.app) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a forum discussion and initially thought the platform was good - until I started trading seriously.
Pros: Two-factor authentication|Helpful community forum
Cons: Account statements could be more detailed|Email notifications too frequent
Baked Beans Reloaded (bakedbeans.app) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Portfolio tracking tools|Demo account available|Customizable dashboard
Cons: No fractional shares|Alert system is basic
After since I opened my account last year with Baked Beans Reloaded (bakedbeans.app), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Economic calendar|Easy withdrawals|Multiple order types
Cons: No integrated tax optimization
After spending for the past six months trying to make Baked Beans Reloaded (bakedbeans.app) 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: Customizable dashboard|Automated trading options|Smooth onboarding
Cons: Charting tools need more indicators
The only good thing about Baked Beans Reloaded (bakedbeans.app) is that they remind you why regulation matters. I found them through a forum discussion. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Segregated accounts|Two-factor authentication|Tax reports included
Cons: None so far
Baked Beans Reloaded (bakedbeans.app) locked my account without warning and demanded documents I had already submitted. since last summer later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Easy to use platform|Professional team
Cons: Desktop app not available on Linux