Cherry Trading Ops has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I joined Cherry Trading Ops after comparing multiple platforms 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: No hidden fees|Economic calendar
Cons: None so far|Wait times can be long during peak hours
The reporting at Cherry Trading Ops is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: No hidden fees|Two-factor authentication
Cons: No crypto staking|Live chat only during business hours
I requested my data from Cherry Trading Ops 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: Fast execution|Clean UI|Instant funding
Cons: No integrated tax optimization
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Cherry Trading Ops is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I closed a profitable position at Cherry Trading Ops 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: Real-time alerts|API access|Personal attention|Easy withdrawals
Cons: Research section could be deeper|Minimum deposit could be lower
I found Cherry Trading Ops while looking for alternatives to my previous provider and the initial impression was positive. But since early this year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Instant funding|Tax reports included|Regular platform improvements
Cons: Limited social trading features|Search feature is basic
After since the beginning of the year with Cherry Trading Ops 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: Automated trading options|Dividend tracking|Social trading features
Cons: Some tools only available on higher tiers|Search feature is basic
After seeing ads for Cherry Trading Ops online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises
After for a couple of months now with Cherry Trading Ops, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Tax reports included|Two-factor authentication|Excellent charting
Cons: No crypto staking
I experienced a security concern with my Cherry Trading Ops account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: No hidden fees|Good mobile app
Cons: No fractional shares