Sentlo Trade has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Sentlo Trade has a website (sentlotrade.com) and is using the following contact information:
Sentlo Trade
Sweden
Telephone: -
E-mail: - This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: sentlotrade.com.
I wanted to transfer my portfolio from another broker to Sentlo Trade. 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: Segregated accounts|Two-factor authentication|Economic calendar|Competitive fees
Cons: Email notifications too frequent