IBERESTADO has been flagged by Comisión Nacional del Mercado de Valores for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The only good thing about IBERESTADO is that they remind you why regulation matters. I found them through word of mouth in my investment club. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Dedicated account manager|Comprehensive tools|Market news feed|Two-factor authentication
Cons: Inactivity fee applies after 12 months
I looked into IBERESTADO and found they appear in the regulatory warnings database. Comisión Nacional del Mercado de Valores has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Flagged by international regulators|Due diligence required
If you are reading this considering IBERESTADO - run. I wish I had read more negative reviews through my accountant's suggestion. I thought the positive ones were real. Maybe some are. My experience over for nearly two years has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Risk management tools|Competitive fees
Cons: Charting tools need more indicators
Where do I even begin with IBERESTADO? for about three months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Economic calendar|Two-factor authentication|Demo account available|Great customer service
Cons: Spreads widen during volatile periods
The reporting at IBERESTADO 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: Easy to use platform|Educational resources
Cons: Mobile app could be improved|Wish they had more educational resources
After since last summer with IBERESTADO I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Multiple order types|Social trading features
Cons: Search feature is basic
Tried to withdraw my funds from IBERESTADO 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.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
IBERESTADO locked my account without warning and demanded documents I had already submitted. for about ten 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: Detailed reporting|Clear documentation|High security standards
Cons: Website design could be more modern
Several red flags with IBERESTADO: (1) They promise unrealistically high returns, (2) They're not registered with Comisión Nacional del Mercado de Valores, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Comisión Nacional del Mercado de Valores|Cannot verify credentials
I had high hopes for IBERESTADO after comparing multiple platforms, 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: Automated trading options|Clear documentation|Comprehensive tools|Quick verification
Cons: Withdrawal takes 1-2 business days|Minimum deposit could be lower