Product.geniusocean.com/tradegenius 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 doing some research AFTER the fact (I know, I should have done this first), I discovered that Product.geniusocean.com/tradegenius is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I referred a friend to Product.geniusocean.com/tradegenius after a friend recommended them. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Multi-device support|Real-time alerts|Reliable uptime|API access
Cons: No live chat on mobile|Limited social trading features
After for just over a year with Product.geniusocean.com/tradegenius I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Easy to use platform|Smooth onboarding|Copy trading available|Fast deposits
Cons: Nothing significant
Product.geniusocean.com/tradegenius has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Clear documentation|Comprehensive tools
Cons: Slow to add new assets|Limited cryptocurrency options