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Consulco review

Consulco


On-line since: 1993
Country of origin: Cyprus
Regulation: -
Payment options: -
Minimum account size: -
Minimum lot size: -
Leverage: -
Spreads: -

About the company:

Consulco is an independent group of companies specializing in fiduciary services and investment management.

Company. Security of funds

The name Consulco stands for the Cypriot company Consulco Limited registered under number 58332. The website has no information about Consulco's possession of a licence from CySEC or any other regulatory authority. The firm is absent in the list of CySEC registered companies. Apparently, Consulco does not have a license.

Consulco Limited was founded in 1993. During its existence, the company became one of the largest suppliers of corporate services in Europe and, in 2009, began its development as a Multi-Family Office. The company is engaged in both family and business capital.

Besides the fact that Consulco Limited is headquartered in Cyprus, it has representative offices in London and Dubai.

According to the MSCI index, Consulco's investments in real estate of London brought investors the average annual income of 14.1%, net of all fees (data calculated for the period from 2010 to 2017).

Trading conditions

Consulco provides customers with fiduciary services, trust management, and daily maintenance of the preparation of accounting records aimed at easing the tax burden. The company also deals with tax planning and administration, real estate consulting, treasury services, and risk management.

The areas of Consulco's work include a wide range of services. Besides, all transactions are documented. And every family or business has its own personal consultant.

There is no information available in the public domain on the minimum deposit which is necessary to work with the company, as well as the amount of fees charged. In order to find out this information, you should contact the support service.

Analytics and training

Consulco is a partner of many educational projects — seminars and business lunches. Most of these events took place in Moscow.

Support

The support service is available by phone, fax, email, and through the feedback form.

The website is translated into Russian.

Advantages:

  • the company has been operating in this sphere for more than 25 years;
  • provides fiduciary services in more than ten European jurisdictions.

Disadvantages:

  • primarily works as a Multi-Family Office;
  • no license from the regulatory body;
  • no free information on deposit and commission;
  • no information about the methods of depositing and withdrawing funds.

Consulco 1/10 (votes 2242)
Author of Consulco: Mira | Date 2022-04-25
I just got my money with $350, after I made request of withdrawal in 2 weeks. Besides, there have poor platform, poor customer service, and poor execution speed. Everything is poor with this company. In fact, this broker will drain their clients money on their clients account even if clients are not in a state facing a deficit. However, they will drain clients’ money whenever they want and no one can do to prevent it. I advise traders that don’t joined Consulco.
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Author of Consulco: Boksep | Date 2022-04-25
Last year I started trading in Consulco and I am very satisfied with them. Easy to use, copy/follow functionality and mobile app is user friendly. I Also like Their Web-Trader, which they provide recently. Polite support. call-backs request available. Very professionally trained people. Superb!
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Author of Consulco: Saudrei | Date 2021-04-06
Since 4 weeks ago, I feel that they have sly intentions to their clients. It took so long when I tried to enter at market price. I have been hoping for the last 2 mos. They said that they will improve, but now its getting worse. This broker is full of drama, and wasted time, even wasted my money. Create big slippages and they hunt stops. And they will took all your money without giving any reason. Because I lost too much from this broker, I decided to quit from this kind of broker. Doesn't match the criteria I want.
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Author of Consulco: Wandii | Date 2021-03-25
I can trade at an actual position with a live price quote on Consulco's platform, This platform is advance and user-friendly too. So I can analyze the market trend and make profitable orders. while their spread is competitive with me. So I am happy with Consulco's professional service.
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Author of Consulco: Vika | Date 2021-01-18
From a point of view of an experienced trader, I suggest that you stay away from this broker. I only knew about it because their representative contacted me. But after seeing their website, I knew right away that they would not be able to deliver great services. For one, the details on the website are lacking. Secondly, their representatives are pretty imposing and that is not a good sign.
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