GuarantyBitExpert (guarantyfxbitexpert.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: guarantyfxbitexpert.com.
Do not be fooled by the professional-looking website. Behind the scenes, GuarantyBitExpert (guarantyfxbitexpert.com) is disorganized and incompetent. I found them after a family member had a good experience and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Good mobile app|Reliable uptime|Social trading features
Cons: Slow to add new assets|Some tools only available on higher tiers
My withdrawal from GuarantyBitExpert (guarantyfxbitexpert.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for nearly two years of being strung along.
Pros: Economic calendar|Demo account available
Cons: No integrated tax optimization|Inactivity fee applies after 12 months
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. GuarantyBitExpert (guarantyfxbitexpert.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: API access|Low minimum deposit|Educational resources|Stable platform
Cons: Wish they had more educational resources|Could offer more webinars
GuarantyBitExpert (guarantyfxbitexpert.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: Market news feed|Customizable dashboard
Cons: No live chat on mobile
Opened my account with GuarantyBitExpert (guarantyfxbitexpert.com) through a podcast recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Full transparency|Easy to use platform|Segregated accounts
Cons: Mobile app could be improved|Website design could be more modern
GuarantyBitExpert (guarantyfxbitexpert.com) 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: Two-factor authentication|Professional team
Cons: Wait times can be long during peak hours
If you are reading this considering GuarantyBitExpert (guarantyfxbitexpert.com) - run. I wish I had read more negative reviews after reading several online reviews. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Clean UI|Excellent charting|Customizable dashboard
Cons: No live chat on mobile|Slow to add new assets