Chicago Accounting has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 312 324 6657, Fax: 1 312 276 4088
Addresses: 235 West Cermak Road Chicago IL 60616 USA 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.chicagoacct.com.
Chicago Accounting advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Segregated accounts|Regular updates|Multi-device support
Cons: Some tools only available on higher tiers|No live chat on mobile
The hidden fees at Chicago Accounting are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Multi-device support|Competitive fees|Customizable dashboard
Cons: Search feature is basic|No phone support on weekends
Chicago Accounting changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Intuitive for beginners|Instant funding
Cons: None so far
The mobile app from Chicago Accounting 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: Transparent fees|Customizable dashboard|Fast deposits
Cons: Nothing significant
I opened an account with Chicago Accounting for over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Wide product range|Segregated accounts
Cons: No crypto staking|Alert system is basic
What really bothers me about Chicago Accounting is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a friend recommended them and I fell for the polished exterior. Never again.
Pros: Multi-device support|Educational resources|Fast deposits
Cons: Charting tools need more indicators|Website design could be more modern