Servelius has been flagged by Commissione Nazionale per le Società e la Borsa for "Fraud and Other Types of Misconduct|General enforcement alerts". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After for just over a year with Servelius, 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: High security standards|Excellent charting|Transparent fees
Cons: Research section could be deeper|Currency conversion fee exists
After for just over a year with Servelius 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: Tax reports included|Economic calendar|Comprehensive tools
Cons: Minor UI glitches occasionally
I wanted to transfer my portfolio from another broker to Servelius. 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: Quick verification|No hidden fees|Intuitive for beginners
Cons: None so far
Do not use Servelius for anything serious. I used them for about five months 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: Transparent fees|Great customer service|Social trading features|API access
Cons: None so far|Account statements could be more detailed
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. Servelius said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Multiple order types|Instant funding
Cons: No dark mode on mobile|Limited ETF selection
The reporting at Servelius is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Automated trading options|Easy to use platform
Cons: No dark mode on mobile
I trusted Servelius with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Personal attention|Wide product range|Fast execution|Dedicated account manager
Cons: Desktop app not available on Linux
Servelius 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: Educational resources|Two-factor authentication|Fast support response
Cons: Slow to add new assets|Charting tools need more indicators
I requested my data from Servelius under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Personal attention|Market news feed|Demo account available
Cons: Website design could be more modern
The platform itself is okay, but the customer service at Servelius 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: Intuitive for beginners|Multi-device support|Low minimum deposit
Cons: Search feature is basic|Help articles are sometimes vague