BOND RATE COMPARE/Compare Bonds Ltd has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I was about to invest with BOND RATE COMPARE/Compare Bonds Ltd but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database
I had a dispute with BOND RATE COMPARE/Compare Bonds Ltd and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Great customer service|Fast support response
Cons: No live chat on mobile|Wait times can be long during peak hours
Tried to withdraw my funds from BOND RATE COMPARE/Compare Bonds Ltd and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I have been trying to close my account with BOND RATE COMPARE/Compare Bonds Ltd for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Dividend tracking|Easy withdrawals
Cons: Would like more payment methods
The spread at BOND RATE COMPARE/Compare Bonds Ltd is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them based on a colleague's recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Two-factor authentication|Fast execution|Regular updates|Good analytical tools
Cons: Currency conversion fee exists|Some tools only available on higher tiers
BOND RATE COMPARE/Compare Bonds Ltd has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Customizable dashboard|Stable platform
Cons: None so far
What really bothers me about BOND RATE COMPARE/Compare Bonds Ltd is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them based on a colleague's recommendation and I fell for the polished exterior. Never again.
Pros: Demo account available|API access|Good mobile app
Cons: Email notifications too frequent|No phone support on weekends
BOND RATE COMPARE/Compare Bonds Ltd locked my account without warning and demanded documents I had already submitted. since last summer later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Multi-currency support|Detailed reporting
Cons: No fractional shares