SuaveRobot Trade 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 have been trying to close my account with SuaveRobot Trade for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: High security standards|Economic calendar|Reliable uptime|Regular updates
Cons: No integrated tax optimization
Tried to withdraw my funds from SuaveRobot Trade 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
Opened my account with SuaveRobot Trade after seeing their ad online and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Competitive fees|Clean UI
Cons: No dark mode on mobile|Limited ETF selection
Customer support at SuaveRobot Trade seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Economic calendar|Excellent charting
Cons: Website design could be more modern
I referred a friend to SuaveRobot Trade from a blog post comparing services. 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: Risk management tools|Instant funding
Cons: Could offer more webinars
After seeing ads for SuaveRobot Trade online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
After since I opened my account last year with SuaveRobot Trade, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Market news feed|Easy withdrawals
Cons: Slow to add new assets|No integrated tax optimization
The onboarding at SuaveRobot Trade 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: Segregated accounts|Market news feed|Social trading features|Smooth onboarding
Cons: No fractional shares
My card was charged twice by SuaveRobot Trade on the same day. I had to dispute it with my bank. SuaveRobot Trade 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|Good analytical tools|Dividend tracking
Cons: None so far
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. SuaveRobot Trade said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Responsive team|Comprehensive tools|Stable platform|Customizable dashboard
Cons: Research section could be deeper|Limited cryptocurrency options