MATERIA LIMITED has been flagged by National Securities and Stock Market Commission 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.
I have been trying to close my account with MATERIA LIMITED for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Customizable dashboard|Fast support response|Personal attention|Wide product range
Cons: Mobile app could be improved
After for close to eighteen months with MATERIA LIMITED 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: Fast support response|Portfolio tracking tools|Multiple order types
Cons: Live chat only during business hours
MATERIA LIMITED offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Educational resources|Detailed reporting
Cons: Alert system is basic
I signed up with MATERIA LIMITED after seeing their ad online and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Reliable uptime|Low minimum deposit|Stable platform|Dividend tracking
Cons: Help articles are sometimes vague
I looked into MATERIA LIMITED and found they appear in the regulatory warnings database. National Securities and Stock Market Commission 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: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
If you are reading this considering MATERIA LIMITED - run. I wish I had read more negative reviews from a review site like this one. I thought the positive ones were real. Maybe some are. My experience over for the past six months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: High security standards|Copy trading available|Tax reports included|Multi-device support
Cons: No integrated tax optimization|Nothing significant
My card was charged twice by MATERIA LIMITED on the same day. I had to dispute it with my bank. MATERIA LIMITED then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Excellent charting|Fast support response|Reliable uptime|Educational resources
Cons: Would like more payment methods
I had high hopes for MATERIA LIMITED after a trusted YouTuber reviewed them, 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: Clean UI|Educational resources|Good analytical tools|Multi-device support
Cons: No integrated tax optimization|Cannot customize dashboard fully
MATERIA LIMITED 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: Multi-device support|Personal attention
Cons: Mobile app could be improved|Charting tools need more indicators
MATERIA LIMITED 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: Regular updates|Low minimum deposit|Full transparency|Regular platform improvements
Cons: No fractional shares|Search feature is basic