Jefferson Clark Associates has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 206 701 7477, fax 1 206 984 4342
Addresses: PO Box 58389 Seattle Washington USA 98138-1386 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.jeffersonclark.com.
After spending for the past year and a half trying to make Jefferson Clark Associates work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Fast execution|Low minimum deposit
Cons: Limited demo account features|Wait times can be long during peak hours
I experienced a security concern with my Jefferson Clark Associates account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: API access|Excellent charting|Segregated accounts
Cons: Search feature is basic
Jefferson Clark Associates seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Great customer service|Comprehensive tools|Multi-device support
Cons: Wish they had more educational resources
The so-called education at Jefferson Clark Associates is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about five months thinking they would help me learn.
Pros: Competitive fees|Educational resources
Cons: No integrated tax optimization
KYC with Jefferson Clark Associates 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: Regular updates|Stable platform|High security standards|Portfolio tracking tools
Cons: Wait times can be long during peak hours
Jefferson Clark Associates had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Helpful community forum|Easy withdrawals
Cons: Search feature is basic