TrueCanTrust Canada has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". TrueCanTrust Canada found at http://truecantrust.com/ is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that TrueCanTrust Canada has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
I signed up with TrueCanTrust Canada after a trusted YouTuber reviewed them 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: Regular updates|Stable platform|Dividend tracking|Real-time alerts
Cons: No live chat on mobile
For anyone considering TrueCanTrust Canada, please be aware that this company has been flagged by Ontario Securities Commission. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
The platform itself is okay, but the customer service at TrueCanTrust Canada is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Copy trading available|Fast execution|Multi-currency support|Personal attention
Cons: None so far|Some tools only available on higher tiers
The onboarding at TrueCanTrust Canada 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: Transparent fees|Tax reports included
Cons: Spreads widen during volatile periods|Withdrawal takes 1-2 business days
I want to warn everyone about TrueCanTrust Canada. They have been flagged by Ontario Securities Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I closed a profitable position at TrueCanTrust Canada and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Personal attention|No hidden fees|Stable platform|Competitive fees
Cons: Spreads widen during volatile periods
TrueCanTrust Canada has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Customizable dashboard|Comprehensive tools
Cons: Would like more payment methods
I invested $25,000 with TrueCanTrust Canada 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 Ontario Securities Commission.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
The so-called education at TrueCanTrust Canada 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 about three months thinking they would help me learn.
Pros: Regular updates|Great customer service|Stable platform|Easy to use platform
Cons: No live chat on mobile