Financial Pulse has been flagged by ASIC (Australia) for "Imposter". Addresses: 2/710 Collins St, Docklands VIC 3008, Australia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: financialpulse.org.
Do not use Financial Pulse for anything serious. I used them for a couple of months now 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: Dividend tracking|Good analytical tools|Transparent fees|Segregated accounts
Cons: Mobile app could be improved|Could offer more webinars
I signed up with Financial Pulse after reading several online reviews and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Fast execution|Regular platform improvements
Cons: Minimum deposit could be lower
The mobile app from Financial Pulse 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: Real-time alerts|Good mobile app
Cons: Desktop app not available on Linux
The hidden fees at Financial Pulse are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Good mobile app|Risk management tools
Cons: Limited ETF selection
I have been trying to close my account with Financial Pulse 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: Segregated accounts|Detailed reporting|No hidden fees|High security standards
Cons: No crypto staking|Limited social trading features
I gave Financial Pulse a fair chance. After for a couple of months now of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Regular platform improvements|Multi-device support
Cons: Would like more payment methods
I had a dispute with Financial Pulse 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: Personal attention|Risk management tools
Cons: Cannot customize dashboard fully