Select-invests.ltd has been flagged by Financial Conduct 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.
Select-invests.ltd changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Good analytical tools|Multi-currency support
Cons: Withdrawal takes 1-2 business days|No integrated tax optimization
Select-invests.ltd locked my account without warning and demanded documents I had already submitted. for about three months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Risk management tools|No hidden fees|Clear documentation
Cons: No fractional shares
Select-invests.ltd 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: Risk management tools|Customizable dashboard
Cons: Slow to add new assets|Limited ETF selection
After since I opened my account last year with Select-invests.ltd, 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: Comprehensive tools|Clean UI|Dedicated account manager
Cons: Website design could be more modern|Withdrawal takes 1-2 business days
I wanted to transfer my portfolio from another broker to Select-invests.ltd. 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: Good mobile app|Intuitive for beginners|Risk management tools
Cons: No fractional shares
Tried to withdraw my funds from Select-invests.ltd 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.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
The platform itself is okay, but the customer service at Select-invests.ltd is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Automated trading options|Regular updates|Great customer service
Cons: Nothing significant
After seeing ads for Select-invests.ltd online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
The mobile app from Select-invests.ltd is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Fast execution|Segregated accounts|Demo account available
Cons: Research section could be deeper|Onboarding videos are outdated
Opened my account with Select-invests.ltd through my accountant's suggestion and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Good analytical tools|Market news feed
Cons: No live chat on mobile|Desktop app not available on Linux