Cooperate Finance (cooperatefinance.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +1 6839007319, +1 4037122833
Addresses: 68 Northbourne Ave, Canberra ACT 2601, Australia; North Central, 20 Hillside Ct, Sydney, NS B1P 6M3, Canada This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: cooperatefinance.com.
Cooperate Finance (cooperatefinance.com) locked my account without warning and demanded documents I had already submitted. for over three years later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Good analytical tools|Low minimum deposit|Two-factor authentication
Cons: Limited ETF selection|No phone support on weekends
After spending for roughly four months trying to make Cooperate Finance (cooperatefinance.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Great customer service|Full transparency|Automated trading options|Regular platform improvements
Cons: No integrated tax optimization
My withdrawal request from Cooperate Finance (cooperatefinance.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: Social trading features|Detailed reporting|Clean UI
Cons: Onboarding videos are outdated|Minor UI glitches occasionally
I experienced a security concern with my Cooperate Finance (cooperatefinance.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: Dedicated account manager|No hidden fees|Smooth onboarding
Cons: Desktop app not available on Linux|Help articles are sometimes vague
My withdrawal from Cooperate Finance (cooperatefinance.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over a year of being strung along.
Pros: Intuitive for beginners|Real-time alerts|Fast execution|Copy trading available
Cons: Could offer more webinars|Limited social trading features
Cooperate Finance (cooperatefinance.com) 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: Personal attention|Two-factor authentication
Cons: Inactivity fee applies after 12 months
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Cooperate Finance (cooperatefinance.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Full transparency|Personal attention|Responsive team
Cons: Mobile app could be improved
Cooperate Finance (cooperatefinance.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Low minimum deposit|Risk management tools
Cons: Currency conversion fee exists