Board of Securities Trading Commission has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 1 Post Sq St Boston Massachusetts 02109 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.bstcomm.org.
The spread at Board of Securities Trading Commission is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a friend recommended them and initially thought the platform was good - until I started trading seriously.
Pros: Full transparency|Detailed reporting|Clear documentation
Cons: Help articles are sometimes vague
I had high hopes for Board of Securities Trading Commission after reading several online reviews, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Helpful community forum|Automated trading options|Easy withdrawals
Cons: Currency conversion fee exists|Alert system is basic
I wanted to transfer my portfolio from another broker to Board of Securities Trading Commission. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Good mobile app|Fast deposits
Cons: Charting tools need more indicators
My withdrawal request from Board of Securities Trading Commission 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: Automated trading options|Tax reports included|Regular platform improvements|Professional team
Cons: Some tools only available on higher tiers|Wait times can be long during peak hours
After spending for over three years trying to make Board of Securities Trading Commission 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: Good analytical tools|Fast deposits
Cons: Onboarding videos are outdated
My withdrawal from Board of Securities Trading Commission was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for a couple of months now of being strung along.
Pros: Regular updates|Dedicated account manager|Multiple order types|Multi-currency support
Cons: Minimum deposit could be lower
I trusted Board of Securities Trading Commission with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Dividend tracking|API access|Low minimum deposit|Personal attention
Cons: Could offer more webinars
Board of Securities Trading Commission locked my account without warning and demanded documents I had already submitted. for over three years later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: High security standards|Fast execution|Copy trading available|Clear documentation
Cons: Slow to add new assets|Spreads widen during volatile periods
My card was charged twice by Board of Securities Trading Commission on the same day. I had to dispute it with my bank. Board of Securities Trading Commission then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Responsive team|Easy withdrawals|Clear documentation|Full transparency
Cons: No live chat on mobile|Live chat only during business hours
The mobile app from Board of Securities Trading Commission 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: Reliable uptime|Segregated accounts|Smooth onboarding
Cons: None so far