Pearson Investments / Pearson Investments LLC has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +852 5808 4334
Addresses: Billion Plaza II Floor 23 10 Cheung Yue Street Kowloon Hong Kong Sar China 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.pearson-investments.com.
I am in a dispute with Pearson Investments / Pearson Investments LLC 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: Professional team|Great customer service|Dividend tracking|Market news feed
Cons: Limited ETF selection
If you are reading this considering Pearson Investments / Pearson Investments LLC - run. I wish I had read more negative reviews through a podcast recommendation. I thought the positive ones were real. Maybe some are. My experience over for roughly four months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Clear documentation|Multi-device support|Automated trading options
Cons: No integrated tax optimization
My withdrawal from Pearson Investments / Pearson Investments LLC 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: Automated trading options|Portfolio tracking tools|Real-time alerts|Quick verification
Cons: No crypto staking
Do not use Pearson Investments / Pearson Investments LLC for anything serious. I used them for nearly two years for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Automated trading options|No hidden fees
Cons: Withdrawal takes 1-2 business days
I experienced a security concern with my Pearson Investments / Pearson Investments LLC account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Demo account available|Fast deposits|Personal attention
Cons: Could offer more webinars
Customer support at Pearson Investments / Pearson Investments LLC 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: Low minimum deposit|Smooth onboarding|Multiple order types
Cons: Some tools only available on higher tiers|Slow to add new assets
My card was charged twice by Pearson Investments / Pearson Investments LLC on the same day. I had to dispute it with my bank. Pearson Investments / Pearson Investments LLC then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Educational resources|Automated trading options
Cons: No dark mode on mobile
I closed a profitable position at Pearson Investments / Pearson Investments LLC and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Clear documentation|Risk management tools
Cons: Minimum deposit could be lower
After using Pearson Investments / Pearson Investments LLC for about ten months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Multiple order types|Easy withdrawals|Instant funding|Full transparency
Cons: Search feature is basic
Pearson Investments / Pearson Investments LLC advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Copy trading available|Economic calendar|Clear documentation|Tax reports included
Cons: No fractional shares|Desktop app not available on Linux