BlueCoastWealthManagement (bluecoastwealthmanagement.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: Ground Floor Southway House 29 Southway Colchester Essex England CO2 7BA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.bluecoastwealthmanagement.com.
The only good thing about BlueCoastWealthManagement (bluecoastwealthmanagement.com) is that they remind you why regulation matters. I found them through my accountant's suggestion. 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: Multi-currency support|Excellent charting
Cons: Limited ETF selection|Withdrawal takes 1-2 business days
If you are reading this considering BlueCoastWealthManagement (bluecoastwealthmanagement.com) - run. I wish I had read more negative reviews after seeing their ad online. I thought the positive ones were real. Maybe some are. My experience over for about three months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Full transparency|Segregated accounts|Regular platform improvements|Competitive fees
Cons: Minor UI glitches occasionally
Customer support at BlueCoastWealthManagement (bluecoastwealthmanagement.com) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Multi-device support|Economic calendar|Helpful community forum|Multi-currency support
Cons: Limited ETF selection