Exo-traders (exo-traders.net) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +61242770160, +41717793223
Addresses: 43 Münzhof Zürich Switzerland This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: exo-traders.net.
I had high hopes for Exo-traders (exo-traders.net) from a blog post comparing services, 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: Good analytical tools|Comprehensive tools
Cons: Help articles are sometimes vague|No fractional shares
After for nearly two years with Exo-traders (exo-traders.net) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Multiple order types|Easy withdrawals|High security standards|Fast deposits
Cons: Inactivity fee applies after 12 months
The hidden fees at Exo-traders (exo-traders.net) 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: Intuitive for beginners|Dividend tracking|Regular platform improvements
Cons: Wait times can be long during peak hours
I referred a friend to Exo-traders (exo-traders.net) through word of mouth in my investment club. 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: No hidden fees|Excellent charting|Dividend tracking|Transparent fees
Cons: Wait times can be long during peak hours
Do not believe the bonus offer from Exo-traders (exo-traders.net). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after my brother mentioned them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Great customer service|Segregated accounts
Cons: Live chat only during business hours|No phone support on weekends
I have been trying to close my account with Exo-traders (exo-traders.net) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Detailed reporting|Real-time alerts
Cons: Charting tools need more indicators|Minimum deposit could be lower
After using Exo-traders (exo-traders.net) for roughly four months, 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: Real-time alerts|Regular platform improvements
Cons: No dark mode on mobile|Onboarding videos are outdated
Do not be fooled by the professional-looking website. Behind the scenes, Exo-traders (exo-traders.net) is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Good mobile app|Dividend tracking|Educational resources
Cons: Would like more payment methods
The mobile app from Exo-traders (exo-traders.net) 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: Intuitive for beginners|High security standards
Cons: Nothing significant
What really bothers me about Exo-traders (exo-traders.net) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through word of mouth in my investment club and I fell for the polished exterior. Never again.
Pros: Clear documentation|Customizable dashboard|Professional team
Cons: Limited ETF selection|Charting tools need more indicators