No fees to buy or sell stock.
$10 is minimum deposit to open LOYAL3 brokerage account.
LOYAL3 is about using social technologies to democratize the capital markets, making stock ownership
easy and affordable for everyone.
We offer a technology platform where people can buy stock in their favorite brands in 3 easy steps, invest
as little as $10 and pay no fees, really.
By using ownership to bring brands together with the people who love them, the LOYAL3 platform deepens brand
engagement and creates more valuable and loyal stakeholders.
by John S,
Cons: Unprofessional. No business contact.
We decided to sell out stocks over a week ago and we still haven't received our money back. WE CALLED, EMAILED, PRAYED!!!! NOTHING!!! We are planning on filing a lawsuit. If anybody has also suffered from this hack company, I encourage you to do the same.
by EVALDAS ZIZILIAUSKAS,
Pros: SOS RUN AWAY NO RESPOND TO ANY MESSAGES
SOLD STOCKS TRYING TO TRANSFER MONEY TO BANK ACCOUNT NO ONE ANSWERING PHONE NO ONE ACCEPT VOICE MAIL ACCOUNT ON HOLD FOR SEVERAL DAYS STAY AWAY
Cons: No Customer Service whatsoever, Phone number is FAKE, support email is FAKE
This company is an absolute joke. I'm trying to call them multiple times to transfer out my money. No one answered the phone, could not leave any voicemail. Emailed them multiple times, still no respond back. What a total SCAM. Planning to file a law suit if I still can't transfer my money out within 10 days. If anyone has filed a law suit, please share.
Pros: No fees, low minimum dollar amounts for investments, simple user interface.
Cons: Not suitable for time sensitive trades. Batch executions may be the same day or days away.
Not for the active trader. Slow steady growth through dollar cost averaging. Limited stock selection, but many solid dividend payers. Not a primary brokerage account, but a nice easy way to grow some savings on the side.
Terrible, cannot sell without risk. No fees, but they sell for less than market, must be making money themselves. Filed complaint with SEC against them already. At least they don't take phone calls and all their correspondence is timestamped and dated via email, that should help establish my complaint.
Pros: I can't think of any!
Cons: You will lose money with this company.
You will lose money with this company. No matter hard you try and do everything they tell you to, you will lose your money working with this company. My only question is, how are they still in business????? If any one flies a suit against them please post it everywhere you can.
Cons: Takes about a week to sell!
The day I finally decided to sell my shares for profit, I execute my sell when stock was at 88% profit. Took them 4 days to process that (share prices already fluctuating ofcourse), plus it took another 3-4 days to post on your "available funds" and another 3 days to transfer money your bank account. I later found out that they give you your money back when the price of share drops! They finally gave me my money when price dropped at 78% when I had sold it at 88%
Loyal3 is not the investing tool you're looking for. They don't have their act together. I transferred in a sum of money to invest in an IPO. I was waiting for weeks for the IPO day. The window to purchase opened very late - hours after it was supposed to. No notification. I missed the window because Loyal3 can't send out a text message appropriately. Do you really want to invest with a company that can't send a simple text message? Customer service was no help either. E-mails are never returned. If you call or chat them, they make up stories they are not willing to back up and argue with you, offering no solutions. Despite being incompetent, Loyal3 will lock your money for a couple weeks before releasing it. I'm still waiting to get access to my money. This is going to result in a FINRA claim. I just thought you all should know.
Cons: very expensive
It’s very expensive to both buy and sell shares with LOYAL3. You get the worst lowest price on sell for the day and highest price on buy, again for the day. If the stock fluctuates $1 during the day you can lose as much as $100 – or an average of $50 per trade.
by Xavier PETIT,
Pros: Great for US shares but
Great for US shares but...
and there is a but otherwise we wouldn't be here. I have an issue with the following:
- I am logged in yet the site prompts me for email regarding IPO alerts by email, they have my email!
- Better Voice of Customer input regarding companies, Wholefoods is not there for example, yet this place is in the top 3 where Loyal3 customers shop I bet you.
- Any place to suggest new companies, there is that new energy consumption darling across America that is blatantly missing, wanted to suggest as well as Wholefoods, bang!
"Loyal 3 offers very little in the way of investing. With such a limited selection to choose from and with restrictions on how much you can invest,
the pool of potential interested customers has to be small. And frankly, even if you are just beginning to try your hand in investing, there are many
other companies that have low-cost options but with many, many more investment choices, along with research tools, educational materials and a wider
pool of accounts. It’s hard to fathom why many people would choose Loyal 3, especially when you consider the company doesn’t offer mutual funds,
ETFs, bonds, retirement accounts or educational savings accounts."