Stuart Lyall Futures Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 61 Princes St Edinburgh Scotland EH2 2DF This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.stuartlyall.com.
The hidden fees at Stuart Lyall Futures Limited 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: Personal attention|Educational resources|Quick verification
Cons: Search feature is basic|Account statements could be more detailed
I referred a friend to Stuart Lyall Futures Limited after reading several online reviews. 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: Educational resources|Segregated accounts|Demo account available|Dedicated account manager
Cons: Desktop app not available on Linux
I joined Stuart Lyall Futures Limited from a review site like this one and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Good mobile app|Quick verification
Cons: Research section could be deeper|Nothing significant
The spread at Stuart Lyall Futures Limited is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them based on a colleague's recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Easy to use platform|Multi-device support
Cons: Email notifications too frequent|Wish they had more educational resources
The onboarding at Stuart Lyall Futures Limited 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: Intuitive for beginners|Professional team
Cons: Desktop app not available on Linux
If you are reading this considering Stuart Lyall Futures Limited - run. I wish I had read more negative reviews through my accountant's suggestion. I thought the positive ones were real. Maybe some are. My experience over since I opened my account last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Multiple order types|Stable platform|Wide product range|Great customer service
Cons: Desktop app not available on Linux
The reporting at Stuart Lyall Futures Limited 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: Copy trading available|Regular updates|Dedicated account manager|Smooth onboarding
Cons: Wish they had more educational resources|Mobile app could be improved
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. Stuart Lyall Futures Limited said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Smooth onboarding|Fast support response|Clear documentation
Cons: Help articles are sometimes vague|Inactivity fee applies after 12 months
I am in a dispute with Stuart Lyall Futures Limited 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: Comprehensive tools|Automated trading options
Cons: No integrated tax optimization
Do not use Stuart Lyall Futures Limited for anything serious. I used them since I opened my account last year 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: Risk management tools|Fast deposits
Cons: Inactivity fee applies after 12 months