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.
Opened my account with Dynamic Trades (dynetrade.com) based on a colleague's recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Tax reports included|Good analytical tools|Personal attention
Cons: Mobile app could be improved|Alert system is basic
I lost a significant amount because Dynamic Trades (dynetrade.com) 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: Excellent charting|Intuitive for beginners
Cons: Alert system is basic|Would like more payment methods
Dynamic Trades (dynetrade.com) 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: Regular updates|Automated trading options|Dedicated account manager
Cons: Search feature is basic
The hidden fees at Dynamic Trades (dynetrade.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Quick verification|Multiple order types|Helpful community forum|Fast support response
Cons: Desktop app not available on Linux|No dark mode on mobile
The mobile app from Dynamic Trades (dynetrade.com) 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: Smooth onboarding|Comprehensive tools|Competitive fees
Cons: Nothing significant|Some tools only available on higher tiers