1 reviews | Active since Jul 2016

24 Apr 2024, 14:30

Easy Equities new Service Fee is in poor taste

Please think twice before considering using this platform. These are ************ ******* who hide behind terms and conditions rife with ambiguity! Which they state allows them to take money from you disguised as a "service Fee" if you do not deposit any money into the "savings account" every month. This contradicts any saving methodology. How can you take money from a person's account, simply because they did not deposit money into the account in a particular month? I had an engagement with Easy equities support asking to be exempt, and their legal team just threw screenshots of the terms and conditions you "agreed" to with a whole lot of legal jargon.

Please don not waste your time and money by using this platform if you value your hard-earned money that you wish to save, as they will just ***** it from you if you don't deposit money watch videos, or make a donation!!!

I will refer this case to the financial services commissioner as this is ********* thievery, disguised as a "service fee" being ambiguous terms and conditions, and claiming this is to motivate a saving culture. People save what they have to save, and might not be able to deposit money onto a savings account every month, just to see your account moving deeper into the negative.

You now can't take your money out because your account is in "arrears" thus when you sell off your shares, that money gets deducted and is lost.

Meaning you are stuck, because you will lose money which ever way you look at it, irrespective whether your equities are performing well or poorly, which is where the only place should be that you could loose or gain,.

Sham on you Easy Equities

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