Port Investment 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: theportinv.com.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Port Investment recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Easy to use platform|Competitive fees|Dedicated account manager
Cons: Limited social trading features|Minor UI glitches occasionally
Tried to withdraw my funds from Port Investment 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: Blocked my account|No legitimate license|Fake returns