www.pexotera.com has been flagged by AMF (France) for "Unauthorised". Category: Produits_dérivés_sur_crypto-actifs 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.pexotera.com.
My withdrawal from www.pexotera.com was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for a couple of months now of being strung along.
Pros: Detailed reporting|Regular platform improvements|Educational resources
Cons: Limited social trading features
The mobile app from www.pexotera.com is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Professional team|Helpful community forum|Wide product range|Demo account available
Cons: Currency conversion fee exists
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. www.pexotera.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: No hidden fees|Multiple order types|Great customer service|Two-factor authentication
Cons: Would like more payment methods|Limited cryptocurrency options
I found www.pexotera.com from a review site like this one and the initial impression was positive. But since last summer later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Market news feed|Easy to use platform
Cons: Minor UI glitches occasionally
I opened an account with www.pexotera.com since I retired last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Market news feed|Transparent fees|Quick verification
Cons: Would like more payment methods
I wanted to transfer my portfolio from another broker to www.pexotera.com. 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: Instant funding|Clean UI|Risk management tools
Cons: Minor UI glitches occasionally|Limited social trading features
Do not use www.pexotera.com for anything serious. I used them for about three months 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: Dedicated account manager|Automated trading options
Cons: Help articles are sometimes vague
Where do I even begin with www.pexotera.com? for a couple of months now of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Clean UI|Fast execution|Portfolio tracking tools
Cons: Spreads widen during volatile periods|No fractional shares
I gave www.pexotera.com a fair chance. After for the past year and a half of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Easy withdrawals|High security standards|Two-factor authentication|Fast deposits
Cons: Limited ETF selection
I am in a dispute with www.pexotera.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: Regular platform improvements|Great customer service|Full transparency|Detailed reporting
Cons: Email notifications too frequent