savings-hsbc.com (Clone of FCA authorised firm) 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.
savings-hsbc.com (Clone of FCA authorised firm) 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: Demo account available|Customizable dashboard|Easy withdrawals
Cons: Inactivity fee applies after 12 months
After since early this year with savings-hsbc.com (Clone of FCA authorised firm) 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: Real-time alerts|Quick verification|Good analytical tools|Intuitive for beginners
Cons: Limited cryptocurrency options
I had a dispute with savings-hsbc.com (Clone of FCA authorised firm) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Instant funding|Two-factor authentication
Cons: No dark mode on mobile
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. savings-hsbc.com (Clone of FCA authorised firm) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Automated trading options|Transparent fees
Cons: Minor UI glitches occasionally|Inactivity fee applies after 12 months
Do not be fooled by the professional-looking website. Behind the scenes, savings-hsbc.com (Clone of FCA authorised firm) is disorganized and incompetent. I found them after doing extensive research and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multiple order types|Market news feed|Dedicated account manager
Cons: Limited demo account features|Wish they had more educational resources
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that savings-hsbc.com (Clone of FCA authorised firm) has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
Do not use savings-hsbc.com (Clone of FCA authorised firm) for anything serious. I used them for a few weeks now 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: Tax reports included|Economic calendar
Cons: Slow to add new assets
savings-hsbc.com (Clone of FCA authorised firm) 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: API access|Transparent fees|Two-factor authentication|Customizable dashboard
Cons: No phone support on weekends|Spreads widen during volatile periods
I want to warn everyone about savings-hsbc.com (Clone of FCA authorised firm). They have been flagged by Financial Conduct Authority 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.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized