COMETA has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform at COMETA is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for close to eighteen months of dealing with this, I have had enough.
Pros: Personal attention|Fast execution|Market news feed
Cons: No live chat on mobile|Spreads widen during volatile periods
I had high hopes for COMETA when my bank disappointed me and I searched for alternatives, 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: Excellent charting|Risk management tools|Detailed reporting|Responsive team
Cons: Email notifications too frequent
My card was charged twice by COMETA on the same day. I had to dispute it with my bank. COMETA 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: Copy trading available|Fast execution
Cons: None so far|Minimum deposit could be lower
The only good thing about COMETA is that they remind you why regulation matters. I found them after my brother mentioned them. 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: Instant funding|Customizable dashboard|Smooth onboarding
Cons: Would like more payment methods