Commission on Financial and Securities Compliance has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1.337.210.8168, F: 1.337.205.8679
Addresses: 911 Lee Avenue Lafayette LA 70501 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: commfsc.com.
I closed a profitable position at Commission on Financial and Securities Compliance and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Tax reports included|Regular updates
Cons: Wait times can be long during peak hours
I experienced a security concern with my Commission on Financial and Securities Compliance 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: Low minimum deposit|Competitive fees|Segregated accounts
Cons: Limited cryptocurrency options
I had a dispute with Commission on Financial and Securities Compliance 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: Two-factor authentication|Low minimum deposit
Cons: Limited demo account features|Limited social trading features
I lost a significant amount because Commission on Financial and Securities Compliance 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: Multiple order types|Portfolio tracking tools|Two-factor authentication
Cons: Slow to add new assets