Masters and Bettman has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 646 435 7600, fax 1 646 435 2386, 852 6272 8464, fax 852 3015 4089, 852 3017 8924
Addresses: 545 8 Avenue New York NY USA Ph; Level 25 Bank of China Tower 1 Garden Road Hong Kong 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.mastersbettman.com.
Do not believe the bonus offer from Masters and Bettman. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a friend recommended them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Professional team|Easy to use platform
Cons: Help articles are sometimes vague|Charting tools need more indicators
After for the past year and a half with Masters and Bettman 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|Portfolio tracking tools|Economic calendar|Social trading features
Cons: Account statements could be more detailed|Limited ETF selection
Masters and Bettman has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Wide product range|Multiple order types|Regular platform improvements|Intuitive for beginners
Cons: Wait times can be long during peak hours|Withdrawal takes 1-2 business days
The onboarding at Masters and Bettman was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Personal attention|Customizable dashboard|Smooth onboarding|Clear documentation
Cons: No integrated tax optimization
The spread at Masters and Bettman is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a financial advisor and initially thought the platform was good - until I started trading seriously.
Pros: Fast support response|Smooth onboarding
Cons: Research section could be deeper