Expert Markets (expert-markets.co) 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: expert-markets.co.
My withdrawal request from Expert Markets (expert-markets.co) 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: Two-factor authentication|Multi-currency support
Cons: Slow to add new assets|Mobile app could be improved
I have been trying to close my account with Expert Markets (expert-markets.co) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Competitive fees|Clear documentation
Cons: Alert system is basic|No dark mode on mobile
I had a dispute with Expert Markets (expert-markets.co) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Social trading features|Excellent charting|Two-factor authentication|Market news feed
Cons: Charting tools need more indicators
Expert Markets (expert-markets.co) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Quick verification|Risk management tools|Regular platform improvements|Intuitive for beginners
Cons: Limited demo account features|Spreads widen during volatile periods
My card was charged twice by Expert Markets (expert-markets.co) on the same day. I had to dispute it with my bank. Expert Markets (expert-markets.co) 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: Real-time alerts|Transparent fees|Automated trading options
Cons: Inactivity fee applies after 12 months|None so far
Expert Markets (expert-markets.co) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Transparent fees|Reliable uptime
Cons: Alert system is basic