Freidman Capital Group LLC / Fortune Entity Group 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. Website domain: www.freidmancapitalgrp.com.
The platform itself is okay, but the customer service at Freidman Capital Group LLC / Fortune Entity Group 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: Multiple order types|Regular updates
Cons: Email notifications too frequent
I had high hopes for Freidman Capital Group LLC / Fortune Entity Group through a financial advisor, 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: Customizable dashboard|Two-factor authentication|Copy trading available
Cons: Nothing significant
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Freidman Capital Group LLC / Fortune Entity Group said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Comprehensive tools|Professional team|Regular platform improvements|Market news feed
Cons: Slow to add new assets|Onboarding videos are outdated
For anyone considering Freidman Capital Group LLC / Fortune Entity Group, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Freidman Capital Group LLC / Fortune Entity Group has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
If you are reading this considering Freidman Capital Group LLC / Fortune Entity Group - run. I wish I had read more negative reviews when my bank disappointed me and I searched for alternatives. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Copy trading available|Intuitive for beginners|Stable platform|Low minimum deposit
Cons: Cannot customize dashboard fully|Limited ETF selection
Tried to withdraw my funds from Freidman Capital Group LLC / Fortune Entity Group and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I requested my data from Freidman Capital Group LLC / Fortune Entity Group under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Reliable uptime|Portfolio tracking tools|Dividend tracking
Cons: Search feature is basic
Freidman Capital Group LLC / Fortune Entity Group had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Fast support response|Copy trading available|Easy to use platform
Cons: Website design could be more modern|Currency conversion fee exists
Freidman Capital Group LLC / Fortune Entity Group 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: Clear documentation|Good analytical tools
Cons: Nothing significant