Investment Companies

Steam finance

1.5 (10 reviews)
🇬🇧 United Kingdom
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1.5
10 reviews
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About Steam finance

Steam finance has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services|Regist...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Documents rejected repeatedly

S
Steven R.
1 months ago

The only good thing about Steam finance is that they remind you why regulation matters. I found them after my brother mentioned them. 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: Demo account available|Great customer service

Cons: Limited cryptocurrency options|Slow to add new assets

Regret choosing Steam finance

H
Harry E.
2 months ago

The so-called education at Steam finance 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 for close to eighteen months thinking they would help me learn.

Pros: Dedicated account manager|Educational resources|Segregated accounts|Excellent charting

Cons: Spreads widen during volatile periods

Warning to all investors

R
Rachel W.
3 months ago

Tried to withdraw my funds from Steam finance 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

They blocked me after I invested

J
John V.
4 months ago

I invested $3,500 with Steam finance after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Checked with regulators - they're not licensed

T
Thomas P.
5 months ago

I was about to invest with Steam finance but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Unauthorized firm|Found in IOSCO warnings database

Unprofessional and unreliable

C
Christina F.
6 months ago

The platform at Steam finance is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since the beginning of the year of dealing with this, I have had enough.

Pros: Automated trading options|Excellent charting

Cons: Minimum deposit could be lower|Charting tools need more indicators

My trust has been shattered

O
Olivia A.
6 months ago

I am in a dispute with Steam finance over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Wide product range|Instant funding

Cons: Could offer more webinars

Check regulatory status before investing

O
Olivia D.
9 months ago

I looked into Steam finance and found they appear in the regulatory warnings database. Financial Conduct 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.

Cons: Flagged by international regulators|Due diligence required

They target inexperienced users

F
Frank K.
11 months ago

The mobile app from Steam finance 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|Fast execution|Tax reports included|Regular platform improvements

Cons: Withdrawal takes 1-2 business days

Phone line always busy

C
Caleb O.
11 months ago

My withdrawal request from Steam finance 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: Reliable uptime|Segregated accounts|Detailed reporting|Copy trading available

Cons: Would like more payment methods