Gleam Pro Trade 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.
I had high hopes for Gleam Pro Trade after doing extensive research, 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: Easy withdrawals|Fast support response|Social trading features|Market news feed
Cons: Withdrawal takes 1-2 business days
For anyone considering Gleam Pro Trade, please be aware that this company has been flagged by Financial Markets 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.
Pros: Information is publicly available for verification
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
The reporting at Gleam Pro Trade is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Quick verification|Intuitive for beginners
Cons: Could offer more webinars
Do not believe the bonus offer from Gleam Pro Trade. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a friend recommended them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Comprehensive tools|Transparent fees|Educational resources|Good analytical tools
Cons: Limited demo account features|Search feature is basic
Gleam Pro Trade has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Fast execution|Personal attention|Intuitive for beginners|Risk management tools
Cons: Account statements could be more detailed|Charting tools need more indicators
I gave Gleam Pro Trade a fair chance. After since the beginning of the year 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: Smooth onboarding|Great customer service
Cons: Alert system is basic|Slow to add new assets
Gleam Pro Trade locked my account without warning and demanded documents I had already submitted. for about five months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Wide product range|High security standards|Dividend tracking|Fast support response
Cons: Limited cryptocurrency options|Would like more payment methods
The spread at Gleam Pro Trade is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through my accountant's suggestion and initially thought the platform was good - until I started trading seriously.
Pros: Fast execution|Demo account available|Detailed reporting|Regular platform improvements
Cons: Help articles are sometimes vague
I found Gleam Pro Trade after attending a webinar they hosted and the initial impression was positive. But for over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Quick verification|Educational resources|Economic calendar|Helpful community forum
Cons: Limited ETF selection
Tried to withdraw my funds from Gleam Pro Trade 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.
Pros: Professional looking website
Cons: Cannot withdraw funds|Not regulated|Pressure tactics