Lifex Pharmaceuticals Inc has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +14402017014
Addresses: 30775 Bainbridge Road Suite 100 Cleveland OH 44139 USA 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.lifexpharma.org.
I opened an account with Lifex Pharmaceuticals Inc for the past year and a half ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Smooth onboarding|Wide product range|High security standards|Transparent fees
Cons: Mobile app could be improved|Nothing significant
I lost a significant amount because Lifex Pharmaceuticals Inc did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Copy trading available|Clear documentation|Regular updates
Cons: Wish they had more educational resources
The platform itself is okay, but the customer service at Lifex Pharmaceuticals Inc is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Reliable uptime|Easy withdrawals|Fast deposits
Cons: Email notifications too frequent|Alert system is basic
Do not believe the bonus offer from Lifex Pharmaceuticals Inc. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after reading several online reviews and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Tax reports included|Regular updates|Quick verification|Fast execution
Cons: Research section could be deeper|Some tools only available on higher tiers
Lifex Pharmaceuticals Inc 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: Easy withdrawals|Responsive team
Cons: Minor UI glitches occasionally|No fractional shares
I experienced a security concern with my Lifex Pharmaceuticals Inc 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: Automated trading options|Detailed reporting|Regular platform improvements
Cons: Minimum deposit could be lower