ProClubTeam (proclubteam.net) has been flagged by ASIC (Australia) for "Unlicensed". Related Investor Alert https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!proclubteam-proclubteam-com--2323, Financial Markets Authority warning https://www.fma.govt.nz/library/warnings-and-alerts/deepfake-video-scam-warning/
Phones: 441918210468
Addresses: Switzerland Chem D... 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.net.
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.net) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Easy withdrawals|Personal attention
Cons: Limited cryptocurrency options|Withdrawal takes 1-2 business days
ProClubTeam (proclubteam.net) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Dividend tracking|Fast support response|Smooth onboarding
Cons: Email notifications too frequent|Nothing significant
ProClubTeam (proclubteam.net) locked my account without warning and demanded documents I had already submitted. since early this year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Social trading features|Educational resources|Regular updates
Cons: Currency conversion fee exists
My withdrawal from ProClubTeam (proclubteam.net) 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 ten months of being strung along.
Pros: Risk management tools|API access
Cons: No live chat on mobile
The only good thing about ProClubTeam (proclubteam.net) is that they remind you why regulation matters. I found them through my accountant's suggestion. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Economic calendar|Comprehensive tools|Good analytical tools
Cons: Alert system is basic|Limited cryptocurrency options
ProClubTeam (proclubteam.net) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Easy withdrawals|Dividend tracking|Portfolio tracking tools
Cons: Live chat only during business hours
Do not believe the bonus offer from ProClubTeam (proclubteam.net). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited based on a colleague's recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Educational resources|Economic calendar|Automated trading options|Intuitive for beginners
Cons: Research section could be deeper|Nothing significant
I experienced a security concern with my ProClubTeam (proclubteam.net) 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: Multi-currency support|Great customer service|Dedicated account manager|Portfolio tracking tools
Cons: No phone support on weekends
After for the past year and a half with ProClubTeam (proclubteam.net), 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: Personal attention|Clean UI
Cons: Desktop app not available on Linux
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. ProClubTeam (proclubteam.net) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Regular updates|Market news feed
Cons: Desktop app not available on Linux