Dynamic Trades (dynetrade.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 0123456789000
Addresses: 3015 Suit Pagla road Singapore This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: dynetrade.com.
I experienced a security concern with my Dynamic Trades (dynetrade.com) 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: Multi-device support|Personal attention|No hidden fees
Cons: Minimum deposit could be lower|Website design could be more modern
The only good thing about Dynamic Trades (dynetrade.com) is that they remind you why regulation matters. I found them after seeing their ad online. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Multi-device support|Quick verification
Cons: No phone support on weekends|Nothing significant
Dynamic Trades (dynetrade.com) 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: Dedicated account manager|Full transparency|Risk management tools|Copy trading available
Cons: Alert system is basic
I am in a dispute with Dynamic Trades (dynetrade.com) 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: Dedicated account manager|Risk management tools
Cons: Alert system is basic
The onboarding at Dynamic Trades (dynetrade.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: Transparent fees|Economic calendar|Great customer service|Dividend tracking
Cons: Limited demo account features
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Dynamic Trades (dynetrade.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Portfolio tracking tools|Dedicated account manager
Cons: Search feature is basic|Slow to add new assets
I referred a friend to Dynamic Trades (dynetrade.com) based on a colleague's recommendation. 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: Professional team|Dedicated account manager|Responsive team
Cons: No integrated tax optimization
Where do I even begin with Dynamic Trades (dynetrade.com)? for close to eighteen months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Reliable uptime|Multi-currency support|Multiple order types|Portfolio tracking tools
Cons: No dark mode on mobile|No live chat on mobile
After spending for about ten months trying to make Dynamic Trades (dynetrade.com) 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: Multiple order types|Demo account available|Copy trading available
Cons: Cannot customize dashboard fully|Withdrawal takes 1-2 business days
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Dynamic Trades (dynetrade.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Competitive fees|Intuitive for beginners
Cons: Limited ETF selection