PipPotential has been flagged by Financial Conduct Authority for "Registered/Licensed entity impersonators". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Customer support at PipPotential 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: Smooth onboarding|Regular updates
Cons: Alert system is basic|Research section could be deeper
I was about to invest with PipPotential but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Not registered with regulators|Unrealistic promises
I lost a significant amount because PipPotential did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Easy to use platform|Smooth onboarding
Cons: Would like more payment methods|Research section could be deeper
I opened an account with PipPotential for over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Competitive fees|Customizable dashboard|Full transparency
Cons: Email notifications too frequent|Inactivity fee applies after 12 months
The so-called education at PipPotential is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about three months thinking they would help me learn.
Pros: Regular platform improvements|Portfolio tracking tools|Regular updates|Tax reports included
Cons: None so far
I was contacted by PipPotential through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
The spread at PipPotential is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after comparing multiple platforms and initially thought the platform was good - until I started trading seriously.
Pros: Low minimum deposit|Copy trading available|Multi-device support|API access
Cons: No fractional shares|Live chat only during business hours