SilverOak Chartered Bank / silverchrt.com has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
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: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that SilverOak Chartered Bank / silverchrt.com 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: Unauthorized firm|Found in IOSCO warnings database
Tried to withdraw my funds from SilverOak Chartered Bank / silverchrt.com 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: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
My withdrawal request from SilverOak Chartered Bank / silverchrt.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Educational resources|Social trading features
Cons: Inactivity fee applies after 12 months
My card was charged twice by SilverOak Chartered Bank / silverchrt.com on the same day. I had to dispute it with my bank. SilverOak Chartered Bank / silverchrt.com then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Customizable dashboard|Clear documentation
Cons: No dark mode on mobile|Email notifications too frequent
SilverOak Chartered Bank / silverchrt.com 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: Fast support response|Fast deposits|Regular platform improvements|Customizable dashboard
Cons: Limited social trading features|Nothing significant
The onboarding at SilverOak Chartered Bank / silverchrt.com 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: Demo account available|Reliable uptime|Dividend tracking|Comprehensive tools
Cons: Account statements could be more detailed|Nothing significant
I referred a friend to SilverOak Chartered Bank / silverchrt.com after doing extensive research. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Helpful community forum|Comprehensive tools|Market news feed|Easy withdrawals
Cons: Onboarding videos are outdated
After using SilverOak Chartered Bank / silverchrt.com since mid-2025, 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: Multiple order types|Detailed reporting|Good mobile app
Cons: Slow to add new assets
My withdrawal from SilverOak Chartered Bank / silverchrt.com was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for close to eighteen months of being strung along.
Pros: Quick verification|Regular updates
Cons: Inactivity fee applies after 12 months