FINANCIAL OPEN ADVISORS has been flagged by Comisión Nacional del Mercado de Valores 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 have been trying to close my account with FINANCIAL OPEN ADVISORS 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: Transparent fees|No hidden fees|Instant funding
Cons: Limited cryptocurrency options
Do not believe the bonus offer from FINANCIAL OPEN ADVISORS. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited when my bank disappointed me and I searched for alternatives and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Professional team|Dedicated account manager|Copy trading available
Cons: Would like more payment methods
I am in a dispute with FINANCIAL OPEN ADVISORS over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Clear documentation|Competitive fees|Copy trading available|Regular updates
Cons: Wait times can be long during peak hours|Limited social trading features