Oracle Stone Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 20-22 Wenlock Road England N1 7GU This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: porterfinance.com.
What really bothers me about Oracle Stone Limited is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a blog post comparing services and I fell for the polished exterior. Never again.
Pros: Quick verification|Stable platform|Low minimum deposit|Wide product range
Cons: Account statements could be more detailed
If you are reading this considering Oracle Stone Limited - run. I wish I had read more negative reviews after a family member had a good experience. I thought the positive ones were real. Maybe some are. My experience over for about ten months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Easy to use platform|Easy withdrawals
Cons: Nothing significant
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Oracle Stone Limited said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Risk management tools|Tax reports included
Cons: Limited ETF selection|Search feature is basic