REMENDY INVEST / remedyalgotradescript.sbs has been flagged by Financial Conduct Authority 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.
The only good thing about REMENDY INVEST / remedyalgotradescript.sbs is that they remind you why regulation matters. I found them after reading several online reviews. 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: Copy trading available|Excellent charting|Full transparency|Risk management tools
Cons: Alert system is basic
I wanted to transfer my portfolio from another broker to REMENDY INVEST / remedyalgotradescript.sbs. 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: Automated trading options|Stable platform|Low minimum deposit|Fast deposits
Cons: Desktop app not available on Linux
I was contacted by REMENDY INVEST / remedyalgotradescript.sbs through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
For anyone considering REMENDY INVEST / remedyalgotradescript.sbs, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Several red flags with REMENDY INVEST / remedyalgotradescript.sbs: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
REMENDY INVEST / remedyalgotradescript.sbs advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Market news feed|Tax reports included
Cons: Email notifications too frequent|Cannot customize dashboard fully
After doing some research AFTER the fact (I know, I should have done this first), I discovered that REMENDY INVEST / remedyalgotradescript.sbs 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.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials