Fleetwood Mergers and Acquisitions has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 (832) 201-6398, fax 1 (832) 565-1633, 32 (2) 403 4980, fax 32 (2) 416 6357
Addresses: 2500 CityWest Blvd. Houston TX 77042-3000 United States; Rond Point Robert Schuman 6 Brussels 1040 Belgium This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.fwmna.com.
I am in a dispute with Fleetwood Mergers and Acquisitions 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: Two-factor authentication|Clean UI|Clear documentation|Segregated accounts
Cons: No integrated tax optimization
KYC with Fleetwood Mergers and Acquisitions is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Professional team|Dedicated account manager|Dividend tracking
Cons: Limited demo account features
I signed up with Fleetwood Mergers and Acquisitions after hearing about them at a conference 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: Transparent fees|Tax reports included|Full transparency|Real-time alerts
Cons: Desktop app not available on Linux
Fleetwood Mergers and Acquisitions 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: Fast deposits|High security standards|Stable platform|Demo account available
Cons: Cannot customize dashboard fully
Fleetwood Mergers and Acquisitions changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Customizable dashboard|Real-time alerts
Cons: Spreads widen during volatile periods
The mobile app from Fleetwood Mergers and Acquisitions 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: Full transparency|Copy trading available|Easy to use platform
Cons: Inactivity fee applies after 12 months|No dark mode on mobile
If you are reading this considering Fleetwood Mergers and Acquisitions - run. I wish I had read more negative reviews based on a colleague's recommendation. I thought the positive ones were real. Maybe some are. My experience over for about ten months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Full transparency|Real-time alerts|Multi-device support|Helpful community forum
Cons: Live chat only during business hours|No integrated tax optimization
Do not be fooled by the professional-looking website. Behind the scenes, Fleetwood Mergers and Acquisitions is disorganized and incompetent. I found them after a friend recommended them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Fast execution|Regular updates|Multiple order types|Easy withdrawals
Cons: Could offer more webinars
Fleetwood Mergers and Acquisitions has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Automated trading options|Competitive fees|Good mobile app|Fast execution
Cons: Some tools only available on higher tiers
The onboarding at Fleetwood Mergers and Acquisitions 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: API access|No hidden fees
Cons: Charting tools need more indicators