www.bclaysmarkets.com has been flagged by AMF (France) for "Unauthorised". Category: Forex 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.bclaysmarkets.com.
www.bclaysmarkets.com had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: No hidden fees|Clean UI
Cons: No fractional shares|Minor UI glitches occasionally
I experienced a security concern with my www.bclaysmarkets.com account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Helpful community forum|Low minimum deposit|Copy trading available|Fast deposits
Cons: Inactivity fee applies after 12 months|No live chat on mobile
If you are reading this considering www.bclaysmarkets.com - run. I wish I had read more negative reviews through word of mouth in my investment club. I thought the positive ones were real. Maybe some are. My experience over since I retired last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Economic calendar|Fast deposits|Segregated accounts|Multi-currency support
Cons: Limited ETF selection
After spending since I opened my account last year trying to make www.bclaysmarkets.com work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Responsive team|Multi-device support|Automated trading options
Cons: No crypto staking|Limited demo account features
www.bclaysmarkets.com has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Social trading features|Clear documentation|Intuitive for beginners|Detailed reporting
Cons: Charting tools need more indicators
KYC with www.bclaysmarkets.com is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Detailed reporting|Reliable uptime|Full transparency|Social trading features
Cons: Limited ETF selection|No dark mode on mobile
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. www.bclaysmarkets.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Personal attention|Low minimum deposit|Comprehensive tools|Quick verification
Cons: Account statements could be more detailed
www.bclaysmarkets.com offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Clean UI|Segregated accounts|Good mobile app|Easy to use platform
Cons: Limited demo account features|No live chat on mobile
I am in a dispute with www.bclaysmarkets.com 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: Professional team|Easy withdrawals|Good analytical tools
Cons: Would like more payment methods|Mobile app could be improved