ProClubTeam (proclubteam.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +441918210468
Addresses: Switzerland Chem Du Château-Bloch 11 1219 Aïre This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: proclubteam.com.
ProClubTeam (proclubteam.com) 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: Real-time alerts|Demo account available|Responsive team|Dividend tracking
Cons: Search feature is basic
Do not be fooled by the professional-looking website. Behind the scenes, ProClubTeam (proclubteam.com) is disorganized and incompetent. I found them from a blog post comparing services and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Fast deposits|Clear documentation
Cons: Some tools only available on higher tiers|Currency conversion fee exists
Do not believe the bonus offer from ProClubTeam (proclubteam.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after seeing their ad online and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Tax reports included|Helpful community forum
Cons: Limited cryptocurrency options
I experienced a security concern with my ProClubTeam (proclubteam.com) 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: Multiple order types|API access
Cons: No integrated tax optimization
I found ProClubTeam (proclubteam.com) through a forum discussion and the initial impression was positive. But for about ten months 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: Economic calendar|Great customer service|Excellent charting|Multi-currency support
Cons: Desktop app not available on Linux
The hidden fees at ProClubTeam (proclubteam.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Multiple order types|Demo account available|Educational resources
Cons: Could offer more webinars
After since early this year with ProClubTeam (proclubteam.com), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Customizable dashboard|Intuitive for beginners|High security standards
Cons: Spreads widen during volatile periods
The platform itself is okay, but the customer service at ProClubTeam (proclubteam.com) 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: Stable platform|No hidden fees|Clean UI
Cons: None so far
My withdrawal from ProClubTeam (proclubteam.com) 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. since I retired last year of being strung along.
Pros: Real-time alerts|Fast execution|Fast support response
Cons: Spreads widen during volatile periods|None so far
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 (proclubteam.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Demo account available|Dedicated account manager
Cons: Limited ETF selection