Bridgesinsuranceservices.com has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". The FMA urges travellers to New Zealand to be cautious when dealing with the website Bridgesinsuranceservices.com.
We are concerned this website is operating a scam by offering non-existent insurance products to people overseas traveling to New Zealand. We have had a report of a fake medical in... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My withdrawal request from Bridgesinsuranceservices.com 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: Full transparency|Intuitive for beginners|Dividend tracking|Good mobile app
Cons: Currency conversion fee exists
I referred a friend to Bridgesinsuranceservices.com after hearing about them at a conference. 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: Educational resources|Easy to use platform|Full transparency
Cons: Desktop app not available on Linux|Would like more payment methods
Tried to withdraw my funds from Bridgesinsuranceservices.com 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.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I was about to invest with Bridgesinsuranceservices.com 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: Unauthorized firm|Found in IOSCO warnings database
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.
Pros: Information is publicly available for verification
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I lost a significant amount because Bridgesinsuranceservices.com 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: Automated trading options|Clear documentation
Cons: Mobile app could be improved
I gave Bridgesinsuranceservices.com a fair chance. After for nearly two years 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: Excellent charting|Comprehensive tools|Portfolio tracking tools
Cons: Research section could be deeper|Could offer more webinars
I experienced a security concern with my Bridgesinsuranceservices.com account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Clean UI|Fast deposits|Multi-currency support
Cons: Withdrawal takes 1-2 business days|No fractional shares