INSTITUTO SANCHEZ 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.
INSTITUTO SANCHEZ advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Intuitive for beginners|Quick verification|Economic calendar
Cons: No phone support on weekends|Desktop app not available on Linux
My withdrawal request from INSTITUTO SANCHEZ has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Intuitive for beginners|Demo account available|Market news feed|Quick verification
Cons: Account statements could be more detailed|Wait times can be long during peak hours