Bennet Investment has been flagged by Financial Markets Authority for "Fraud and Other Types of Misconduct". The FMA is concerned about a number of IPO (Initial Public Offering) websites which claim to alert investors of upcoming share buying opportunities before they go public (Pre-IPO). Many of these websites refer to an upcoming IPO for the satellite internet company Starlink.
We may continue to add... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I gave Bennet Investment a fair chance. After for roughly four months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Social trading features|Automated trading options|Multiple order types
Cons: Some tools only available on higher tiers|Help articles are sometimes vague
I found Bennet Investment after a trusted YouTuber reviewed them and the initial impression was positive. But for about five months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Good mobile app|Helpful community forum
Cons: Alert system is basic|Onboarding videos are outdated
The only good thing about Bennet Investment is that they remind you why regulation matters. I found them when my bank disappointed me and I searched for alternatives. 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: Professional team|Multiple order types|Real-time alerts|Multi-currency support
Cons: Account statements could be more detailed|Wish they had more educational resources
I was about to invest with Bennet Investment but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
I referred a friend to Bennet Investment from a review site like this one. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Quick verification|Good analytical tools|Comprehensive tools|Clear documentation
Cons: No live chat on mobile
I lost a significant amount because Bennet Investment 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: Dividend tracking|Market news feed|Multi-device support|Multiple order types
Cons: No crypto staking|Help articles are sometimes vague
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Flagged by international regulators|Due diligence required
If you are reading this considering Bennet Investment - run. I wish I had read more negative reviews from a review site like this one. I thought the positive ones were real. Maybe some are. My experience over for close to eighteen months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Comprehensive tools|Responsive team|Two-factor authentication
Cons: Charting tools need more indicators|Some tools only available on higher tiers
I want to warn everyone about Bennet Investment. They have been flagged by Financial Markets 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: No regulatory oversight|Money disappeared|Fake testimonials
After using Bennet Investment for a couple of months now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Multi-device support|Helpful community forum|Clean UI
Cons: Could offer more webinars|Mobile app could be improved