Standard Exchange Market has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I requested my data from Standard Exchange Market 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: Segregated accounts|Personal attention|Easy withdrawals
Cons: Search feature is basic|No live chat on mobile
Tried to withdraw my funds from Standard Exchange Market 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: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
The hidden fees at Standard Exchange Market 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: Automated trading options|Full transparency|Clear documentation
Cons: Wait times can be long during peak hours
Tried to withdraw my funds from Standard Exchange Market 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: Cannot withdraw funds|Not regulated|Pressure tactics
After spending for roughly four months trying to make Standard Exchange Market 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: No hidden fees|Multiple order types|Instant funding|Helpful community forum
Cons: Research section could be deeper|Alert system is basic
Several red flags with Standard Exchange Market: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
The platform at Standard Exchange Market is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since I retired last year of dealing with this, I have had enough.
Pros: Risk management tools|Good analytical tools
Cons: None so far|Nothing significant
Do not be fooled by the professional-looking website. Behind the scenes, Standard Exchange Market is disorganized and incompetent. I found them after my brother mentioned them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Intuitive for beginners|Two-factor authentication|Low minimum deposit|Automated trading options
Cons: Email notifications too frequent
I signed up with Standard Exchange Market when my bank disappointed me and I searched for alternatives and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Segregated accounts|Clear documentation
Cons: No integrated tax optimization
Standard Exchange Market locked my account without warning and demanded documents I had already submitted. for about ten months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Easy withdrawals|Social trading features|Regular updates|Detailed reporting
Cons: Onboarding videos are outdated|Slow to add new assets