Genius.365newslive.com has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
If you are reading this considering Genius.365newslive.com - run. I wish I had read more negative reviews while looking for alternatives to my previous provider. I thought the positive ones were real. Maybe some are. My experience over for about three months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Multi-currency support|Great customer service
Cons: Limited ETF selection|Could offer more webinars
Do not use Genius.365newslive.com for anything serious. I used them for about ten months 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: Economic calendar|Excellent charting|Multi-currency support|Fast deposits
Cons: Live chat only during business hours|Limited ETF selection
My card was charged twice by Genius.365newslive.com on the same day. I had to dispute it with my bank. Genius.365newslive.com then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Fast support response|Clear documentation|Portfolio tracking tools
Cons: Cannot customize dashboard fully|Onboarding videos are outdated
Genius.365newslive.com 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: Responsive team|Easy withdrawals|Good mobile app|Instant funding
Cons: Search feature is basic|Some tools only available on higher tiers
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Genius.365newslive.com is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Blocked my account|No legitimate license|Fake returns
Genius.365newslive.com 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 support response|Demo account available
Cons: No crypto staking|No fractional shares
I looked into Genius.365newslive.com and found they appear in the regulatory warnings database. Financial Markets Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Flagged by international regulators|Due diligence required
I wanted to transfer my portfolio from another broker to Genius.365newslive.com. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Customizable dashboard|Regular platform improvements|Real-time alerts
Cons: Minor UI glitches occasionally|Slow to add new assets
I closed a profitable position at Genius.365newslive.com and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Good mobile app|Social trading features
Cons: Charting tools need more indicators
I gave Genius.365newslive.com a fair chance. After for about five months 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: Reliable uptime|Real-time alerts
Cons: Alert system is basic