Prestige Crest Heights has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After spending for a couple of months now trying to make Prestige Crest Heights work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Quick verification|Smooth onboarding|Wide product range|Multi-currency support
Cons: Live chat only during business hours|No crypto staking
I trusted Prestige Crest Heights with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Wide product range|Portfolio tracking tools|Responsive team
Cons: No integrated tax optimization
Tried to withdraw my funds from Prestige Crest Heights 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.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
I was about to invest with Prestige Crest Heights but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
I am in a dispute with Prestige Crest Heights 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: Market news feed|Easy withdrawals|Competitive fees|Regular platform improvements
Cons: Live chat only during business hours
KYC with Prestige Crest Heights 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: Risk management tools|Great customer service|Excellent charting|Segregated accounts
Cons: Currency conversion fee exists
I wanted to transfer my portfolio from another broker to Prestige Crest Heights. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Easy to use platform|Clear documentation
Cons: Charting tools need more indicators