placement-action.com has been flagged by AMF (France) for "Unauthorised". Category: Crypto-actifs This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: placement-action.com.
placement-action.com 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: Quick verification|Copy trading available
Cons: Charting tools need more indicators|Spreads widen during volatile periods
I am in a dispute with placement-action.com 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: Fast support response|Regular updates
Cons: Onboarding videos are outdated
KYC with placement-action.com is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Low minimum deposit|Fast support response|Economic calendar|Fast execution
Cons: Withdrawal takes 1-2 business days|None so far
I opened an account with placement-action.com for about eight months 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: Real-time alerts|Risk management tools|Clean UI|API access
Cons: Website design could be more modern
The spread at placement-action.com is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a podcast recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Instant funding|Easy to use platform|Great customer service
Cons: Currency conversion fee exists