Excel Pro Option has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform itself is okay, but the customer service at Excel Pro Option 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: Easy withdrawals|Market news feed
Cons: Limited cryptocurrency options
The mobile app from Excel Pro Option is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Two-factor authentication|Risk management tools|Regular updates
Cons: Research section could be deeper|Onboarding videos are outdated
Do not believe the bonus offer from Excel Pro Option. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after comparing multiple platforms and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Tax reports included|Excellent charting|Full transparency
Cons: Would like more payment methods
Tried to withdraw my funds from Excel Pro Option and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Excel Pro Option 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: Flagged by Financial Markets Authority|Cannot verify credentials
I looked into Excel Pro Option and found they appear in the regulatory warnings database. Financial Markets Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
After spending for about eight months trying to make Excel Pro Option 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: Economic calendar|Good mobile app|Great customer service|Helpful community forum
Cons: No integrated tax optimization|Email notifications too frequent