Engineerclub365 (engineerclub365.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.engineerclub365.com.
I wanted to transfer my portfolio from another broker to Engineerclub365 (engineerclub365.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Helpful community forum|Stable platform|Quick verification
Cons: Spreads widen during volatile periods
The platform itself is okay, but the customer service at Engineerclub365 (engineerclub365.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Comprehensive tools|Professional team|Real-time alerts
Cons: Limited ETF selection|Wait times can be long during peak hours
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Engineerclub365 (engineerclub365.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Dividend tracking|Portfolio tracking tools|Copy trading available
Cons: Withdrawal takes 1-2 business days
I lost a significant amount because Engineerclub365 (engineerclub365.com) 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: Good mobile app|Clean UI|Regular updates
Cons: Limited cryptocurrency options
My card was charged twice by Engineerclub365 (engineerclub365.com) on the same day. I had to dispute it with my bank. Engineerclub365 (engineerclub365.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Transparent fees|Personal attention
Cons: Withdrawal takes 1-2 business days|Alert system is basic
Do not be fooled by the professional-looking website. Behind the scenes, Engineerclub365 (engineerclub365.com) is disorganized and incompetent. I found them after a trusted YouTuber reviewed them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Comprehensive tools|Wide product range|Risk management tools|Regular platform improvements
Cons: No dark mode on mobile
After for over three years with Engineerclub365 (engineerclub365.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Quick verification|Competitive fees|Professional team|Multi-currency support
Cons: Some tools only available on higher tiers
What really bothers me about Engineerclub365 (engineerclub365.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them based on a colleague's recommendation and I fell for the polished exterior. Never again.
Pros: Easy to use platform|No hidden fees|Personal attention
Cons: Live chat only during business hours|Cannot customize dashboard fully
My withdrawal request from Engineerclub365 (engineerclub365.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: Real-time alerts|Risk management tools|Fast support response
Cons: Withdrawal takes 1-2 business days|Wish they had more educational resources
If you are reading this considering Engineerclub365 (engineerclub365.com) - run. I wish I had read more negative reviews after hearing about them at a conference. I thought the positive ones were real. Maybe some are. My experience over for about three months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Portfolio tracking tools|Stable platform
Cons: Cannot customize dashboard fully