DUAL TRADE has been flagged by Financial Supervisory Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
If you are reading this considering DUAL TRADE - 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 over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Professional team|Regular updates|Market news feed|Good analytical tools
Cons: Limited ETF selection
Do not use DUAL TRADE for anything serious. I used them since early this year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Regular platform improvements|Clean UI|Social trading features|Personal attention
Cons: Wait times can be long during peak hours|No integrated tax optimization
I looked into DUAL TRADE and found they appear in the regulatory warnings database. Financial Supervisory Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I lost a significant amount because DUAL TRADE did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Easy to use platform|Fast support response|Economic calendar
Cons: Alert system is basic
I experienced a security concern with my DUAL TRADE 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: Fast execution|Multi-device support|Dividend tracking
Cons: Help articles are sometimes vague
DUAL TRADE advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Transparent fees|Copy trading available
Cons: Slow to add new assets|Spreads widen during volatile periods
Tried to withdraw my funds from DUAL TRADE and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
I wanted to transfer my portfolio from another broker to DUAL TRADE. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: No hidden fees|Helpful community forum|Tax reports included|Quick verification
Cons: Spreads widen during volatile periods|Would like more payment methods
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that DUAL TRADE has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises