Forex Brokers

EXCESSIVE TRADE

1.6 (14 reviews)
🇪🇸 Spain
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1.6
14 reviews
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About EXCESSIVE TRADE

EXCESSIVE TRADE has been flagged by Comisión Nacional del Mercado de Valores 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.

Customer Reviews

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Feeling robbed honestly

F
Felix H.
3 weeks ago

After using EXCESSIVE TRADE for nearly two years, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Easy to use platform|Demo account available|Instant funding

Cons: Some tools only available on higher tiers

They need a complete overhaul

S
Sarah Y.
2 months ago

The platform itself is okay, but the customer service at EXCESSIVE TRADE is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: Social trading features|High security standards|Wide product range

Cons: Limited cryptocurrency options

Total fraud - reported to authorities

K
Karen V.
2 months ago

I was contacted by EXCESSIVE TRADE through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Cons: Lost entire investment|Reported to authorities|Unresponsive

Lost my investment - DO NOT TRUST

A
Anna M.
3 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that EXCESSIVE TRADE 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.

Pros: Initially responsive customer service

Cons: Blocked my account|No legitimate license|Fake returns

I have filed a complaint

D
Dean A.
3 months ago

EXCESSIVE TRADE has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Demo account available|Economic calendar|Transparent fees

Cons: Desktop app not available on Linux

Guaranteed profits - total lie

D
Dean C.
5 months ago

I found EXCESSIVE TRADE based on a colleague's recommendation and the initial impression was positive. But since last summer 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: Easy to use platform|Professional team

Cons: Limited ETF selection

Spam emails after unsubscribing

T
Teresa N.
6 months ago

My card was charged twice by EXCESSIVE TRADE on the same day. I had to dispute it with my bank. EXCESSIVE TRADE then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Portfolio tracking tools|Segregated accounts|Multi-device support|Regular platform improvements

Cons: Limited ETF selection|Nothing significant

Do your due diligence first

P
Paul S.
6 months ago

For anyone considering EXCESSIVE TRADE, please be aware that this company has been flagged by Comisión Nacional del Mercado de Valores. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Extremely poor support experience

J
Joel P.
7 months ago

Do not believe the bonus offer from EXCESSIVE TRADE. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited based on a colleague's recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Wide product range|Fast deposits

Cons: No phone support on weekends|Wish they had more educational resources

Horrible from beginning to end

N
Nicole D.
8 months ago

Opened my account with EXCESSIVE TRADE 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: Good mobile app|Detailed reporting|Wide product range

Cons: Could offer more webinars|Limited demo account features