North Direct Investment has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". North Direct Investment is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: northdirect.com.
My withdrawal from North Direct Investment was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I opened my account last year of being strung along.
Pros: Professional team|Demo account available|Full transparency|Great customer service
Cons: Desktop app not available on Linux
North Direct Investment 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: Multi-currency support|Wide product range|Multiple order types|Instant funding
Cons: Alert system is basic|Inactivity fee applies after 12 months
Several red flags with North Direct Investment: (1) They promise unrealistically high returns, (2) They're not registered with Autorité des marchés financiers, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Not registered with regulators|Unrealistic promises