Cosmusk has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The so-called education at Cosmusk is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about five months thinking they would help me learn.
Pros: Comprehensive tools|Instant funding
Cons: Nothing significant|Spreads widen during volatile periods
I referred a friend to Cosmusk after my brother mentioned them. 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: No hidden fees|Full transparency|Easy withdrawals
Cons: Search feature is basic|Account statements could be more detailed
If you are reading this considering Cosmusk - run. I wish I had read more negative reviews after seeing their ad online. I thought the positive ones were real. Maybe some are. My experience over for over three years has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Full transparency|Comprehensive tools
Cons: Withdrawal takes 1-2 business days|Onboarding videos are outdated