Exons Group has been flagged by Ontario Securities Commission 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.
Tried to withdraw my funds from Exons Group 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
After using Exons Group for over a year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Detailed reporting|Easy to use platform|Copy trading available|Great customer service
Cons: No phone support on weekends
The platform itself is okay, but the customer service at Exons Group 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: Multi-device support|Dividend tracking|Market news feed
Cons: Email notifications too frequent
I requested my data from Exons 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: Risk management tools|Responsive team
Cons: Website design could be more modern
Do not believe the bonus offer from Exons Group. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through word of mouth in my investment club and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Multi-currency support|Easy withdrawals
Cons: Search feature is basic
After seeing ads for Exons Group online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Ontario Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Ontario Securities Commission|Cannot verify credentials
Do not use Exons Group for anything serious. I used them since I retired last year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Regular updates|Clean UI|Helpful community forum
Cons: No fractional shares
I found Exons Group after seeing their ad online and the initial impression was positive. But for about five months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Personal attention|Excellent charting|Automated trading options
Cons: Could offer more webinars|Wait times can be long during peak hours
I wanted to transfer my portfolio from another broker to Exons Group. 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: Transparent fees|Economic calendar|No hidden fees
Cons: Charting tools need more indicators
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Exons Group said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Quick verification|Responsive team|Multi-device support|Educational resources
Cons: No dark mode on mobile