Thompson Brennan Stanley has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 212 401 6219
Addresses: One North End Avenue NEW YORK 10282 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.thompsonbrennanstanley.com.
I had high hopes for Thompson Brennan Stanley after a family member had a good experience, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: API access|Low minimum deposit|Easy withdrawals
Cons: Limited demo account features|Help articles are sometimes vague
After for about eight months with Thompson Brennan Stanley, 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: Regular updates|Clear documentation|Wide product range|No hidden fees
Cons: No crypto staking|Slow to add new assets
The only good thing about Thompson Brennan Stanley is that they remind you why regulation matters. I found them when my bank disappointed me and I searched for alternatives. 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: Educational resources|Stable platform|Competitive fees|Excellent charting
Cons: Alert system is basic|Onboarding videos are outdated
I wanted to transfer my portfolio from another broker to Thompson Brennan Stanley. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Regular platform improvements|Competitive fees|Great customer service|Reliable uptime
Cons: Slow to add new assets