Pearl Asia Holdings Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +1-8888-071806
Addresses: 32 Des Voeux Road Central Hong Kong This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.pearlasiaholdingslimited.com.
I had a dispute with Pearl Asia Holdings Limited and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Real-time alerts|Full transparency
Cons: Withdrawal takes 1-2 business days|Desktop app not available on Linux
Pearl Asia Holdings 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 platform improvements|Two-factor authentication|No hidden fees
Cons: Nothing significant|Search feature is basic
KYC with Pearl Asia Holdings Limited 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: Real-time alerts|Transparent fees
Cons: Minor UI glitches occasionally|No live chat on mobile
My withdrawal request from Pearl Asia Holdings Limited has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Copy trading available|Segregated accounts|Economic calendar|Helpful community forum
Cons: Help articles are sometimes vague
I am in a dispute with Pearl Asia Holdings Limited over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Market news feed|Regular platform improvements|Easy withdrawals|Excellent charting
Cons: Wish they had more educational resources|Limited cryptocurrency options
If you are reading this considering Pearl Asia Holdings 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 nearly two years has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Two-factor authentication|Fast support response
Cons: Limited cryptocurrency options
After spending for nearly two years trying to make Pearl Asia Holdings Limited work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Segregated accounts|Instant funding|Market news feed|Full transparency
Cons: Account statements could be more detailed|Currency conversion fee exists