www.netcoinplace.com has been flagged by AMF (France) for "Unauthorised". Category: Biens_divers/Crypto-actif 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.netcoinplace.com.
Do not be fooled by the professional-looking website. Behind the scenes, www.netcoinplace.com is disorganized and incompetent. I found them after reading several online reviews and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multi-device support|Two-factor authentication|Economic calendar|Detailed reporting
Cons: No phone support on weekends|Search feature is basic
Customer support at www.netcoinplace.com 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: Intuitive for beginners|Reliable uptime
Cons: Desktop app not available on Linux
Do not use www.netcoinplace.com 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: Quick verification|Risk management tools|High security standards
Cons: Currency conversion fee exists
Do not believe the bonus offer from www.netcoinplace.com. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after seeing their ad online and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Segregated accounts|Transparent fees
Cons: Would like more payment methods
My withdrawal request from www.netcoinplace.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Full transparency|Economic calendar
Cons: Would like more payment methods
I signed up with www.netcoinplace.com through a forum discussion 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: Market news feed|Responsive team|Great customer service|Copy trading available
Cons: Minimum deposit could be lower|None so far
I closed a profitable position at www.netcoinplace.com 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: Excellent charting|Customizable dashboard|Segregated accounts
Cons: Some tools only available on higher tiers
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. www.netcoinplace.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Detailed reporting|No hidden fees|Dividend tracking
Cons: No crypto staking
I experienced a security concern with my www.netcoinplace.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: Instant funding|Multiple order types|Risk management tools|Fast support response
Cons: Slow to add new assets
The platform itself is okay, but the customer service at www.netcoinplace.com 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: Helpful community forum|Tax reports included
Cons: Wish they had more educational resources