Educatee (educateecom.com/payments) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: New Jersey 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: educateecom.com.
I joined Educatee (educateecom.com/payments) from a blog post comparing services and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Instant funding|Fast support response|Competitive fees|Risk management tools
Cons: Research section could be deeper
After spending for nearly two years trying to make Educatee (educateecom.com/payments) 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: Portfolio tracking tools|Reliable uptime
Cons: Email notifications too frequent|Onboarding videos are outdated
I requested my data from Educatee (educateecom.com/payments) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Two-factor authentication|Clean UI|Full transparency
Cons: Withdrawal takes 1-2 business days|No phone support on weekends
I experienced a security concern with my Educatee (educateecom.com/payments) 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: Responsive team|Two-factor authentication
Cons: Spreads widen during volatile periods
I have been trying to close my account with Educatee (educateecom.com/payments) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Multiple order types|Easy withdrawals|Fast deposits|Wide product range
Cons: Search feature is basic|No live chat on mobile
The reporting at Educatee (educateecom.com/payments) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Detailed reporting|Economic calendar
Cons: Website design could be more modern
I found Educatee (educateecom.com/payments) from a blog post comparing services and the initial impression was positive. But for a couple of months now later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Competitive fees|Economic calendar|Great customer service|Detailed reporting
Cons: Search feature is basic|Spreads widen during volatile periods
Do not believe the bonus offer from Educatee (educateecom.com/payments). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after doing extensive research and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Fast deposits|Fast execution|Easy withdrawals
Cons: No fractional shares
Do not use Educatee (educateecom.com/payments) for anything serious. I used them for nearly two years for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Stable platform|Multiple order types
Cons: Could offer more webinars|Email notifications too frequent
Customer support at Educatee (educateecom.com/payments) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Wide product range|Multi-currency support
Cons: Would like more payment methods