Phoenix Private Equity LLC has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +1 602 732 4459, fax +1 602 325 0118
Addresses: 2375 E Camelback Road Phoenix AZ 85016 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.phoenixpe.com.
I referred a friend to Phoenix Private Equity LLC from a review site like this one. 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: Dividend tracking|Real-time alerts|Risk management tools|Fast deposits
Cons: Minimum deposit could be lower
After for about ten months with Phoenix Private Equity LLC, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Helpful community forum|Two-factor authentication
Cons: Desktop app not available on Linux|Cannot customize dashboard fully
The spread at Phoenix Private Equity LLC is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a review site like this one and initially thought the platform was good - until I started trading seriously.
Pros: No hidden fees|API access|Portfolio tracking tools
Cons: No crypto staking
Phoenix Private Equity LLC 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: Personal attention|Risk management tools|Multiple order types|Dedicated account manager
Cons: Cannot customize dashboard fully|Withdrawal takes 1-2 business days
Do not be fooled by the professional-looking website. Behind the scenes, Phoenix Private Equity LLC is disorganized and incompetent. I found them after reading several online reviews and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multi-currency support|Competitive fees|Market news feed
Cons: Currency conversion fee exists
I experienced a security concern with my Phoenix Private Equity 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: High security standards|Excellent charting
Cons: None so far|Would like more payment methods
The platform at Phoenix Private Equity LLC is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.
Pros: API access|Multi-device support|Risk management tools|Regular platform improvements
Cons: None so far|Live chat only during business hours