Midwood Financial Services (midwoodcapital.org) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +44 7543878977
Addresses: Arlington Avenue Região de Leirria Villa Nova de Gaia Portugal This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: midwoodcapital.org.
The platform at Midwood Financial Services (midwoodcapital.org) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for close to eighteen months of dealing with this, I have had enough.
Pros: Social trading features|Tax reports included|Fast deposits
Cons: Limited ETF selection
Midwood Financial Services (midwoodcapital.org) 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: Competitive fees|Regular updates
Cons: Mobile app could be improved|Limited social trading features
If you are reading this considering Midwood Financial Services (midwoodcapital.org) - run. I wish I had read more negative reviews from a blog post comparing services. I thought the positive ones were real. Maybe some are. My experience over since early this year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: API access|Economic calendar
Cons: Limited demo account features|Currency conversion fee exists
KYC with Midwood Financial Services (midwoodcapital.org) 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: Instant funding|Easy to use platform
Cons: Some tools only available on higher tiers|Help articles are sometimes vague
I referred a friend to Midwood Financial Services (midwoodcapital.org) after a trusted YouTuber reviewed them. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Educational resources|Instant funding
Cons: Limited ETF selection|Minor UI glitches occasionally