Forex Brokers

Balance Trade (balance-trade.com)

1.3 (11 reviews)
🇦🇺 Australia
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1.3
11 reviews
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About Balance Trade (balance-trade.com)

Balance Trade (balance-trade.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: balance-trade.com.

Customer Reviews

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Feeling robbed honestly

O
Owen A.
3 weeks ago

The spread at Balance Trade (balance-trade.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a trusted YouTuber reviewed them and initially thought the platform was good - until I started trading seriously.

Pros: Multi-device support|Economic calendar|Excellent charting

Cons: Limited cryptocurrency options

Horrible from beginning to end

L
Leah M.
3 weeks ago

Balance Trade (balance-trade.com) locked my account without warning and demanded documents I had already submitted. for over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Multi-currency support|Customizable dashboard|Regular platform improvements

Cons: No dark mode on mobile

Documents rejected repeatedly

S
Seth V.
3 months ago

I joined Balance Trade (balance-trade.com) after seeing their ad online and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Segregated accounts|Multi-device support

Cons: Minimum deposit could be lower

Does not even meet basic standards

D
Derek V.
4 months ago

If you are reading this considering Balance Trade (balance-trade.com) - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over since I retired last year has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Helpful community forum|Excellent charting

Cons: Could offer more webinars

Unacceptable level of service

C
Catherine I.
5 months ago

I opened an account with Balance Trade (balance-trade.com) for the past six months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Regular platform improvements|Automated trading options

Cons: Limited social trading features

Slippage always against the client

M
Monica S.
6 months ago

What really bothers me about Balance Trade (balance-trade.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after comparing multiple platforms and I fell for the polished exterior. Never again.

Pros: Educational resources|Professional team|Multi-currency support

Cons: Limited social trading features

Stay far far away

D
Daniel G.
7 months ago

I signed up with Balance Trade (balance-trade.com) after a trusted YouTuber reviewed them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: No hidden fees|Real-time alerts|Quick verification|Social trading features

Cons: Research section could be deeper|Wait times can be long during peak hours

Death of account holder process unknown

G
Graham J.
9 months ago

The hidden fees at Balance Trade (balance-trade.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: Fast execution|Low minimum deposit|Instant funding|Customizable dashboard

Cons: Account statements could be more detailed

Slippage ate my profits

M
Maya N.
9 months ago

The onboarding at Balance Trade (balance-trade.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: No hidden fees|Smooth onboarding|Transparent fees|Clear documentation

Cons: Would like more payment methods|Research section could be deeper

They ignore every complaint

T
Thomas J.
10 months ago

I had a dispute with Balance Trade (balance-trade.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Copy trading available|Great customer service

Cons: Mobile app could be improved|Help articles are sometimes vague