Schwartz School of Business (Clone) has been flagged by Financial Services and Markets Authority for "Registered/Licensed entity impersonators". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I closed a profitable position at Schwartz School of Business (Clone) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Demo account available|Helpful community forum|Stable platform
Cons: Nothing significant
The spread at Schwartz School of Business (Clone) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after hearing about them at a conference and initially thought the platform was good - until I started trading seriously.
Pros: Good analytical tools|Social trading features
Cons: Website design could be more modern
Tried to withdraw my funds from Schwartz School of Business (Clone) and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Schwartz School of Business (Clone) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Professional team|Good mobile app
Cons: Spreads widen during volatile periods|No dark mode on mobile
I gave Schwartz School of Business (Clone) a fair chance. After since I retired last year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Automated trading options|Stable platform|Responsive team|Intuitive for beginners
Cons: Minor UI glitches occasionally
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Flagged by international regulators|Due diligence required
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Schwartz School of Business (Clone) 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: Not registered with regulators|Unrealistic promises
After spending since the beginning of the year trying to make Schwartz School of Business (Clone) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Real-time alerts|Clear documentation
Cons: Wish they had more educational resources