Euroflex Commodities has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 0 172 777 530, 0 172 335 513
Addresses: 21a Rue Francois Miron 75004 Paris France 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.euroflexcommodities.com.
After for a few weeks now with Euroflex Commodities 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: Clean UI|Easy to use platform|Fast execution
Cons: Spreads widen during volatile periods
Euroflex Commodities has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Detailed reporting|API access|Social trading features
Cons: Account statements could be more detailed|Limited social trading features
Euroflex Commodities changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Portfolio tracking tools|Copy trading available|Easy to use platform|Clean UI
Cons: Onboarding videos are outdated
I wanted to transfer my portfolio from another broker to Euroflex Commodities. 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: Multi-currency support|Professional team|Responsive team
Cons: Website design could be more modern
I had high hopes for Euroflex Commodities after my brother mentioned them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Excellent charting|Detailed reporting
Cons: No live chat on mobile|Spreads widen during volatile periods