PIPCOUNTS has been flagged by Financial Conduct Authority 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. Website domain: www.pipcounts.com.
After using PIPCOUNTS for just over a year, 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: Portfolio tracking tools|Regular platform improvements|Instant funding
Cons: Limited social trading features
My card was charged twice by PIPCOUNTS on the same day. I had to dispute it with my bank. PIPCOUNTS 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: Easy to use platform|Educational resources|Responsive team
Cons: Limited ETF selection|Onboarding videos are outdated
After seeing ads for PIPCOUNTS online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The platform at PIPCOUNTS is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a few weeks now of dealing with this, I have had enough.
Pros: Demo account available|Fast deposits|Responsive team|Good mobile app
Cons: No dark mode on mobile|Limited demo account features