Fulcrum / fulcrumlend.com has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Fulcrum / fulcrumlend.com offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Low minimum deposit|Intuitive for beginners
Cons: Charting tools need more indicators|No fractional shares
I was contacted by Fulcrum / fulcrumlend.com through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
KYC with Fulcrum / fulcrumlend.com 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: Automated trading options|Easy withdrawals
Cons: Website design could be more modern|Alert system is basic
I have been trying to close my account with Fulcrum / fulcrumlend.com 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: Great customer service|Automated trading options|Tax reports included|Full transparency
Cons: Limited social trading features