PEDRO ASSET MANAGEMENT has been flagged by Comisión Nacional del Mercado de Valores for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
If you are reading this considering PEDRO ASSET MANAGEMENT - run. I wish I had read more negative reviews after seeing their ad online. 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: Instant funding|Personal attention|Regular updates|Detailed reporting
Cons: Nothing significant|No integrated tax optimization
PEDRO ASSET MANAGEMENT seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Intuitive for beginners|Transparent fees
Cons: Desktop app not available on Linux
I referred a friend to PEDRO ASSET MANAGEMENT from a blog post comparing services. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Fast deposits|Copy trading available
Cons: Could offer more webinars|Limited social trading features
PEDRO ASSET MANAGEMENT changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Competitive fees|Helpful community forum|Full transparency
Cons: Live chat only during business hours|None so far
For anyone considering PEDRO ASSET MANAGEMENT, please be aware that this company has been flagged by Comisión Nacional del Mercado de Valores. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
I want to warn everyone about PEDRO ASSET MANAGEMENT. They have been flagged by Comisión Nacional del Mercado de Valores 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: Lost entire investment|Reported to authorities|Unresponsive
I was about to invest with PEDRO ASSET MANAGEMENT but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Comisión Nacional del Mercado de Valores has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
My withdrawal request from PEDRO ASSET MANAGEMENT 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: Demo account available|Helpful community forum|Copy trading available
Cons: Email notifications too frequent