foundingassetmgt has been flagged by Financial Conduct Authority 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 want to warn everyone about foundingassetmgt. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Several red flags with foundingassetmgt: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
I had high hopes for foundingassetmgt from a blog post comparing services, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: No hidden fees|Demo account available|Professional team
Cons: Charting tools need more indicators|Would like more payment methods
I experienced a security concern with my foundingassetmgt 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: Good mobile app|Automated trading options|Personal attention
Cons: Mobile app could be improved
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. foundingassetmgt recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Instant funding|Professional team|Fast execution
Cons: Spreads widen during volatile periods
The hidden fees at foundingassetmgt 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: Personal attention|Detailed reporting|Dedicated account manager|Clear documentation
Cons: Currency conversion fee exists|No phone support on weekends
The platform itself is okay, but the customer service at foundingassetmgt is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: API access|Intuitive for beginners
Cons: Minor UI glitches occasionally
After using foundingassetmgt for about three months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Multi-device support|Clear documentation|Low minimum deposit
Cons: No live chat on mobile|Minor UI glitches occasionally
I am in a dispute with foundingassetmgt 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: Helpful community forum|Stable platform|Risk management tools|Comprehensive tools
Cons: Would like more payment methods
Opened my account with foundingassetmgt through my accountant's suggestion and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Smooth onboarding|Fast deposits|Multiple order types
Cons: Live chat only during business hours