bestfixedrates.co.uk has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services|Regist...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Do not be fooled by the professional-looking website. Behind the scenes, bestfixedrates.co.uk is disorganized and incompetent. I found them after my brother mentioned them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Stable platform|API access|Two-factor authentication
Cons: Research section could be deeper|No live chat on mobile
My withdrawal request from bestfixedrates.co.uk has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Economic calendar|Good analytical tools|Clean UI
Cons: Limited ETF selection|Limited social trading features
I want to warn everyone about bestfixedrates.co.uk. They have been flagged by Financial Conduct 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
After spending for a couple of months now trying to make bestfixedrates.co.uk 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|Educational resources
Cons: Website design could be more modern|Research section could be deeper
I signed up with bestfixedrates.co.uk through word of mouth in my investment club and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Reliable uptime|Copy trading available|Multi-device support
Cons: Charting tools need more indicators