myedbook has been flagged by Financial Markets Authority for "Fraud and Other Types of Misconduct|General enforcement alerts". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The spread at myedbook is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through word of mouth in my investment club and initially thought the platform was good - until I started trading seriously.
Pros: Instant funding|Full transparency|Reliable uptime|Copy trading available
Cons: Currency conversion fee exists|Website design could be more modern
The mobile app from myedbook is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Multi-device support|Customizable dashboard|Copy trading available
Cons: Limited ETF selection|Account statements could be more detailed
I want to warn everyone about myedbook. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
After for nearly two years with myedbook, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: API access|Two-factor authentication
Cons: Limited demo account features|Minimum deposit could be lower
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that myedbook has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
Customer support at myedbook seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Clear documentation|Full transparency
Cons: Wait times can be long during peak hours