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.
Do not believe the bonus offer from Greater Advisory. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited when my bank disappointed me and I searched for alternatives and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Automated trading options|Copy trading available|Economic calendar
Cons: Would like more payment methods|Inactivity fee applies after 12 months
I have been trying to close my account with Greater Advisory 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: Segregated accounts|No hidden fees|Easy to use platform
Cons: Slow to add new assets|Mobile app could be improved
What really bothers me about Greater Advisory is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a blog post comparing services and I fell for the polished exterior. Never again.
Pros: Good mobile app|Competitive fees
Cons: No dark mode on mobile|Mobile app could be improved
KYC with Greater Advisory 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: Easy to use platform|Dividend tracking|Regular platform improvements
Cons: No fractional shares|Minimum deposit could be lower
I gave Greater Advisory a fair chance. After for roughly four 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: Clean UI|Risk management tools|Customizable dashboard
Cons: Cannot customize dashboard fully|Limited demo account features