Beat Group Market (beatgroupmarket.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 61290686679, 442080731848
Addresses: 85 Great Portland St Marylebone Rd London W1W 7LT UK This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: beatgroupmarket.com.
The reporting at Beat Group Market (beatgroupmarket.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Helpful community forum|Regular updates|Quick verification
Cons: Spreads widen during volatile periods|Onboarding videos are outdated
I am in a dispute with Beat Group Market (beatgroupmarket.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Social trading features|Transparent fees|Regular platform improvements
Cons: No dark mode on mobile
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. Beat Group Market (beatgroupmarket.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Multi-currency support|Good mobile app
Cons: Limited ETF selection
The mobile app from Beat Group Market (beatgroupmarket.com) 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: Good analytical tools|Clean UI|Risk management tools
Cons: Limited cryptocurrency options
The platform at Beat Group Market (beatgroupmarket.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over three years of dealing with this, I have had enough.
Pros: Regular updates|Comprehensive tools|Good analytical tools|Good mobile app
Cons: Slow to add new assets
Beat Group Market (beatgroupmarket.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Market news feed|Low minimum deposit|Easy withdrawals
Cons: Wish they had more educational resources
I lost a significant amount because Beat Group Market (beatgroupmarket.com) 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: Instant funding|Dedicated account manager
Cons: No live chat on mobile
Beat Group Market (beatgroupmarket.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Automated trading options|Dividend tracking|Easy withdrawals
Cons: Would like more payment methods|Live chat only during business hours
The onboarding at Beat Group Market (beatgroupmarket.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Real-time alerts|Easy withdrawals|Market news feed|Customizable dashboard
Cons: Charting tools need more indicators|No dark mode on mobile
After since last summer with Beat Group Market (beatgroupmarket.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Customizable dashboard|Demo account available|Real-time alerts|Fast execution
Cons: Could offer more webinars|Limited demo account features