Platinum Shares Solutions has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Platinum Shares Solutions is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Last known city: Toronto, Canada. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: platinum-shares-solutions.com, platinumsharessol.com.
Do not be fooled by the professional-looking website. Behind the scenes, Platinum Shares Solutions is disorganized and incompetent. I found them after a trusted YouTuber reviewed them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Easy to use platform|Copy trading available|Instant funding|Dividend tracking
Cons: Mobile app could be improved|No phone support on weekends
After using Platinum Shares Solutions for close to eighteen months, 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: Intuitive for beginners|Two-factor authentication|Dividend tracking
Cons: Desktop app not available on Linux|Inactivity fee applies after 12 months
Customer support at Platinum Shares Solutions 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: Customizable dashboard|Helpful community forum
Cons: Could offer more webinars
The platform itself is okay, but the customer service at Platinum Shares Solutions is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Fast support response|Risk management tools
Cons: Account statements could be more detailed
After for roughly four months with Platinum Shares Solutions I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Detailed reporting|Stable platform|Full transparency|Good analytical tools
Cons: Help articles are sometimes vague|Charting tools need more indicators
Tried to withdraw my funds from Platinum Shares Solutions and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
The reporting at Platinum Shares Solutions is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: High security standards|Real-time alerts|Clear documentation
Cons: Nothing significant|Alert system is basic
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
KYC with Platinum Shares Solutions 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: Multi-device support|Clear documentation
Cons: Wish they had more educational resources
I found Platinum Shares Solutions after attending a webinar they hosted and the initial impression was positive. But for nearly two years later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Multi-currency support|Automated trading options
Cons: Email notifications too frequent|Onboarding videos are outdated