Equitos Group has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After for a few weeks now with Equitos Group, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Full transparency|Responsive team
Cons: No dark mode on mobile|Email notifications too frequent
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Equitos Group recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Personal attention|Regular updates
Cons: Some tools only available on higher tiers
After seeing ads for Equitos Group online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises
Do not believe the bonus offer from Equitos Group. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a trusted YouTuber reviewed them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Good mobile app|Professional team|Instant funding
Cons: Email notifications too frequent
Do not be fooled by the professional-looking website. Behind the scenes, Equitos Group is disorganized and incompetent. I found them based on a colleague's recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Detailed reporting|Reliable uptime|Multi-currency support|Automated trading options
Cons: No fractional shares|None so far
The only good thing about Equitos Group is that they remind you why regulation matters. I found them after comparing multiple platforms. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Smooth onboarding|Educational resources
Cons: No live chat on mobile|Account statements could be more detailed
I requested my data from Equitos Group 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: Wide product range|Great customer service|Good mobile app
Cons: Wish they had more educational resources|No dark mode on mobile
I invested $10,000 with Equitos Group after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
If you are reading this considering Equitos Group - 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 about ten months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Portfolio tracking tools|Easy withdrawals|Personal attention|Multi-currency support
Cons: Nothing significant|Inactivity fee applies after 12 months
I gave Equitos Group a fair chance. After since I opened my account last year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Easy to use platform|Dividend tracking|Multi-device support|Excellent charting
Cons: No dark mode on mobile