Fargo Investor has been flagged by British Columbia 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.
I had a dispute with Fargo Investor 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: Comprehensive tools|Risk management tools|API access
Cons: Alert system is basic|Website design could be more modern
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
What really bothers me about Fargo Investor is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a financial advisor and I fell for the polished exterior. Never again.
Pros: Comprehensive tools|Fast execution
Cons: Some tools only available on higher tiers|Would like more payment methods
I lost a significant amount because Fargo Investor did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Good mobile app|Instant funding
Cons: No fractional shares|Inactivity fee applies after 12 months
I wanted to transfer my portfolio from another broker to Fargo Investor. 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|Dedicated account manager|Smooth onboarding
Cons: Account statements could be more detailed|Slow to add new assets
I experienced a security concern with my Fargo Investor account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Wide product range|Great customer service|Fast execution
Cons: No fractional shares
I referred a friend to Fargo Investor after seeing their ad online. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Tax reports included|Multi-device support
Cons: None so far|Nothing significant
The onboarding at Fargo Investor was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Intuitive for beginners|Two-factor authentication|Tax reports included
Cons: Search feature is basic
I invested $15,000 with Fargo Investor 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 British Columbia Securities Commission.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
Fargo Investor offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Real-time alerts|Risk management tools
Cons: Could offer more webinars|Website design could be more modern