Digital Trade Channel (digitaltradechannel.live) has been flagged by ASIC (Australia) for "Unlicensed". Related Investor Alert: https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!digital-trade-channel-digitaltradechannel-pro--3350
Phones: +1(614) 547-2179
Addresses: 76 Commercial St Edinburgh Midlothian EH6 6LX, United Kingdom; 846 Melrose Street, Spokane 99201 WA Washington Un... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: digitaltradechannel.live.
If you are reading this considering Digital Trade Channel (digitaltradechannel.live) - run. I wish I had read more negative reviews after a trusted YouTuber reviewed them. I thought the positive ones were real. Maybe some are. My experience over for about eight months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Economic calendar|Excellent charting|Demo account available
Cons: Limited social trading features|Mobile app could be improved
Do not be fooled by the professional-looking website. Behind the scenes, Digital Trade Channel (digitaltradechannel.live) is disorganized and incompetent. I found them after comparing multiple platforms and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Smooth onboarding|API access|Tax reports included
Cons: None so far|No phone support on weekends
I requested my data from Digital Trade Channel (digitaltradechannel.live) 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: Transparent fees|Regular updates|Good analytical tools|Portfolio tracking tools
Cons: Help articles are sometimes vague
I had high hopes for Digital Trade Channel (digitaltradechannel.live) after a family member had a good experience, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Copy trading available|Excellent charting|Good mobile app|Fast deposits
Cons: No fractional shares|Cannot customize dashboard fully
I am in a dispute with Digital Trade Channel (digitaltradechannel.live) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Demo account available|Comprehensive tools|Quick verification
Cons: Currency conversion fee exists|Nothing significant