Soft Group Finance / www.softgroupfi.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.
After spending for about ten months trying to make Soft Group Finance / www.softgroupfi.com work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Fast execution|Quick verification|Market news feed
Cons: No live chat on mobile
I was contacted by Soft Group Finance / www.softgroupfi.com through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
Tried to withdraw my funds from Soft Group Finance / www.softgroupfi.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.
Cons: Blocked my account|No legitimate license|Fake returns
Soft Group Finance / www.softgroupfi.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Professional team|Good analytical tools
Cons: No live chat on mobile
I closed a profitable position at Soft Group Finance / www.softgroupfi.com and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Reliable uptime|No hidden fees
Cons: Cannot customize dashboard fully|Nothing significant
The mobile app from Soft Group Finance / www.softgroupfi.com 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: Full transparency|Educational resources
Cons: Help articles are sometimes vague|Mobile app could be improved
After seeing ads for Soft Group Finance / www.softgroupfi.com online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Swiss Financial Market Supervisory Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
I looked into Soft Group Finance / www.softgroupfi.com and found they appear in the regulatory warnings database. Swiss Financial Market Supervisory Authority 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.
Pros: Information is publicly available for verification
Cons: Flagged by international regulators|Due diligence required
The reporting at Soft Group Finance / www.softgroupfi.com 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: Wide product range|Customizable dashboard|Good analytical tools|Regular platform improvements
Cons: Email notifications too frequent|Help articles are sometimes vague
Soft Group Finance / www.softgroupfi.com has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Detailed reporting|Portfolio tracking tools|Excellent charting|Responsive team
Cons: Slow to add new assets|Currency conversion fee exists