Ernie
I am with Gareth and Bob
I am with Gareth and Bob. I like the app, the ease in using the AI to create my own portfolios (existing ones never gave me returns like advertised), and honestly don’t trust what they are preaching. The whole money transfer thing is absolutely insane. Times I invested I called after 2 days and 3rd day my money was available…. I think these ridiculous hold periods are so they can use our money - beyond the subscription! Honestly, money in eTrade is in and out in a day. No fees. And $100 to take your money out? I smell scam. I wish I could trust them, but I can’t. Going to move my money out next. UPDATE: I withdrew my money out of my portfolio Sunday evening, Monday EOD money was in cash waiting to settle. Thursday the money was moved to transfer, and Friday the money was deposited into my bank account. No $100 fee was charged. Not the best but not what their documentation says. I was pleasantly surprised. Still out.
Response from Old Streetbeat Beta AppNov 6, 2024
Thank you for the review. The $100 fee is for ACAT out, not for bank withdrawals. Bank withdrawals for US user do not have any fees. Both bank deposits and withdrawals usually take 3 business days to process and become available. We do not promise or advertise returns.