Highmont Group has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Highmont Group is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Last known city: London, United Kingdom This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: highmont-group.com.
I wanted to transfer my portfolio from another broker to Highmont Group. 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|Helpful community forum|Quick verification
Cons: Wait times can be long during peak hours|No fractional shares
The platform at Highmont Group is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since I opened my account last year of dealing with this, I have had enough.
Pros: Stable platform|Social trading features
Cons: No fractional shares|Spreads widen during volatile periods