PLAN ANGEL 5.0 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.
I was about to invest with PLAN ANGEL 5.0 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.
Cons: Flagged by Comisión Nacional del Mercado de Valores|Cannot verify credentials
PLAN ANGEL 5.0 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: Customizable dashboard|Good analytical tools|Segregated accounts
Cons: Would like more payment methods|Search feature is basic
My card was charged twice by PLAN ANGEL 5.0 on the same day. I had to dispute it with my bank. PLAN ANGEL 5.0 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: Risk management tools|Good analytical tools|Responsive team
Cons: No crypto staking
After doing some research AFTER the fact (I know, I should have done this first), I discovered that PLAN ANGEL 5.0 is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
I referred a friend to PLAN ANGEL 5.0 while looking for alternatives to my previous provider. 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: Good mobile app|Multiple order types
Cons: Mobile app could be improved|Limited cryptocurrency options
PLAN ANGEL 5.0 advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Dividend tracking|Regular updates|Comprehensive tools
Cons: Alert system is basic|Could offer more webinars
Opened my account with PLAN ANGEL 5.0 after attending a webinar they hosted and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Segregated accounts|Automated trading options|Multi-device support|Great customer service
Cons: No phone support on weekends
I lost a significant amount because PLAN ANGEL 5.0 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: API access|Excellent charting|Portfolio tracking tools
Cons: No fractional shares|Minimum deposit could be lower
For anyone considering PLAN ANGEL 5.0, 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: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
Do not use PLAN ANGEL 5.0 for anything serious. I used them for close to eighteen months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Good mobile app|Instant funding
Cons: Search feature is basic|Website design could be more modern