Brighter Trade has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 0144 638 2070
Addresses: Harju maakond Tallinn Kesklinna linnaosa Roosikrantsi tn 2-K367 10119 ESTONIA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.brightertrade.com.
Do not believe the bonus offer from Brighter Trade. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited based on a colleague's recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Transparent fees|Demo account available|Tax reports included
Cons: Website design could be more modern
After spending since I retired last year trying to make Brighter Trade work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Stable platform|Transparent fees|Risk management tools|Excellent charting
Cons: Search feature is basic|Live chat only during business hours
After for a few weeks now with Brighter Trade I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Smooth onboarding|Dividend tracking|Responsive team|Market news feed
Cons: Cannot customize dashboard fully
I closed a profitable position at Brighter Trade and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Two-factor authentication|Market news feed|High security standards|Regular updates
Cons: Email notifications too frequent
Brighter Trade changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Competitive fees|Low minimum deposit
Cons: No fractional shares
The platform itself is okay, but the customer service at Brighter Trade is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Excellent charting|Multi-currency support
Cons: Alert system is basic
I requested my data from Brighter Trade under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Personal attention|Multi-device support|Competitive fees|Excellent charting
Cons: Would like more payment methods|Could offer more webinars
I referred a friend to Brighter Trade after a friend recommended them. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Multi-currency support|Portfolio tracking tools|High security standards|Economic calendar
Cons: Limited cryptocurrency options|No integrated tax optimization
My card was charged twice by Brighter Trade on the same day. I had to dispute it with my bank. Brighter Trade then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Fast deposits|Regular platform improvements
Cons: Mobile app could be improved|Minor UI glitches occasionally
The mobile app from Brighter Trade is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Stable platform|High security standards
Cons: Help articles are sometimes vague|Could offer more webinars