Lacks basic functionality and feels opaque and insecure
They seem to invest more in their brand than actual functionality. After leaving my previous job, I have been unable to get a new login using my personal email. Instead, they send me a magic link that lasts for months. This is a security risk, because anyone who can access my email would be able to login to Forma and drain my account.
Meanwhile, the process for selling investments is labeled very poorly as “withdraw”. By the literal meaning, this would have unwanted tax consequences. Completing this process was needlessly stressful and time consuming because the interface doesn’t inspire trust.
Not what you want from a financial service provider.
Don’t be fooled by the flashy brand and design. The product and company are immature and not worth the hassle. Just use a real bank.
Meanwhile, the process for selling investments is labeled very poorly as “withdraw”. By the literal meaning, this would have unwanted tax consequences. Completing this process was needlessly stressful and time consuming because the interface doesn’t inspire trust.
Not what you want from a financial service provider.
Don’t be fooled by the flashy brand and design. The product and company are immature and not worth the hassle. Just use a real bank.
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