Sequoia Capital Markets has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Sequoia Capital Markets found at www.sequoiacm.net and/or www.sequoiacm.com is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The so-called education at Sequoia Capital Markets is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since mid-2025 thinking they would help me learn.
Pros: Two-factor authentication|High security standards|Copy trading available
Cons: Minimum deposit could be lower|No phone support on weekends
The hidden fees at Sequoia Capital Markets are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Comprehensive tools|Good mobile app|Stable platform|Wide product range
Cons: Help articles are sometimes vague|Wait times can be long during peak hours
I had a dispute with Sequoia Capital Markets 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: Detailed reporting|Stable platform|Reliable uptime
Cons: Limited social trading features|Limited demo account features
KYC with Sequoia Capital Markets is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Great customer service|Easy withdrawals
Cons: Wish they had more educational resources
The onboarding at Sequoia Capital Markets was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Smooth onboarding|Demo account available
Cons: No dark mode on mobile
I looked into Sequoia Capital Markets and found they appear in the regulatory warnings database. Ontario Securities Commission has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Flagged by international regulators|Due diligence required
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Sequoia Capital Markets recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Clear documentation|Instant funding
Cons: Cannot customize dashboard fully|Mobile app could be improved
The only good thing about Sequoia Capital Markets is that they remind you why regulation matters. I found them after seeing their ad online. 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: Fast support response|Market news feed
Cons: Limited demo account features
I lost a significant amount because Sequoia Capital Markets did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Risk management tools|Demo account available
Cons: Would like more payment methods|No integrated tax optimization
After using Sequoia Capital Markets for the past year and a half, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Social trading features|Segregated accounts|Market news feed
Cons: Onboarding videos are outdated|No phone support on weekends