Greater Advisory has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 212 401 0892, fax 1 212 401 0693
Addresses: 1325 Sixth Avenue New York NY 10019 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.greateradvisory.com.
Greater Advisory locked my account without warning and demanded documents I had already submitted. for over three years later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Intuitive for beginners|Detailed reporting|Regular platform improvements
Cons: Cannot customize dashboard fully|Charting tools need more indicators
My card was charged twice by Greater Advisory on the same day. I had to dispute it with my bank. Greater Advisory 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: API access|Instant funding|Excellent charting|Transparent fees
Cons: No phone support on weekends
The platform at Greater Advisory is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.
Pros: Tax reports included|Segregated accounts
Cons: Alert system is basic
The onboarding at Greater Advisory was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Segregated accounts|Social trading features
Cons: No dark mode on mobile|Cannot customize dashboard fully
I am in a dispute with Greater Advisory 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: Multi-currency support|Smooth onboarding|Reliable uptime
Cons: No integrated tax optimization
I signed up with Greater Advisory while looking for alternatives to my previous provider and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: No hidden fees|Excellent charting|Helpful community forum|API access
Cons: Help articles are sometimes vague
I found Greater Advisory through a financial advisor and the initial impression was positive. But since early this 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: Helpful community forum|Competitive fees
Cons: Limited ETF selection
The mobile app from Greater Advisory is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Fast deposits|Reliable uptime|Educational resources
Cons: Limited demo account features|Some tools only available on higher tiers
Greater Advisory 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: Dedicated account manager|High security standards
Cons: Search feature is basic|Limited social trading features
Greater Advisory changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Instant funding|Clear documentation|Excellent charting|Fast support response
Cons: Limited ETF selection