Efinanceproltd has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Efinanceproltd found at https://efinanceproltd.com/ is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I lost a significant amount because Efinanceproltd 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: Full transparency|Regular updates|Excellent charting|Market news feed
Cons: Would like more payment methods|Research section could be deeper
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Efinanceproltd has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database