ProClubTeam has been flagged by Ontario Securities Commission 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.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. ProClubTeam said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Dividend tracking|Transparent fees|Portfolio tracking tools|Regular updates
Cons: Onboarding videos are outdated
What really bothers me about ProClubTeam is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after doing extensive research and I fell for the polished exterior. Never again.
Pros: Helpful community forum|Tax reports included|Stable platform|API access
Cons: Could offer more webinars|Desktop app not available on Linux
I joined ProClubTeam after a family member had a good experience and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Automated trading options|Professional team|Stable platform|Reliable uptime
Cons: Wait times can be long during peak hours|Limited cryptocurrency options
Do not be fooled by the professional-looking website. Behind the scenes, ProClubTeam is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Low minimum deposit|Personal attention|Segregated accounts
Cons: None so far
My withdrawal from ProClubTeam was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about three months of being strung along.
Pros: Smooth onboarding|Competitive fees
Cons: Onboarding videos are outdated|No integrated tax optimization
I experienced a security concern with my ProClubTeam account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Risk management tools|Easy withdrawals|Real-time alerts|Competitive fees
Cons: Website design could be more modern
Do not use ProClubTeam for anything serious. I used them for about eight 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: Transparent fees|Responsive team|Clear documentation
Cons: Account statements could be more detailed|Charting tools need more indicators
After seeing ads for ProClubTeam online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Ontario Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
I want to warn everyone about ProClubTeam. They have been flagged by Ontario Securities Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Lost entire investment|Reported to authorities|Unresponsive
The so-called education at ProClubTeam is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a couple of months now thinking they would help me learn.
Pros: Segregated accounts|Fast deposits
Cons: Withdrawal takes 1-2 business days|Wish they had more educational resources