Forex Brokers

Exotraders (exotraders.net)

1.4 (10 reviews)
🇦🇺 Australia
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1.4
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About Exotraders (exotraders.net)

Exotraders (exotraders.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: www.exotraders.net.

Customer Reviews

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Accounting export broken

L
Luke H.
2 months ago

Exotraders (exotraders.net) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Professional team|Intuitive for beginners|Portfolio tracking tools|Quick verification

Cons: Search feature is basic|Charting tools need more indicators

No real market analysis

T
Tyler C.
2 months ago

Where do I even begin with Exotraders (exotraders.net)? for about eight 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: Smooth onboarding|Easy to use platform|Low minimum deposit

Cons: Search feature is basic

Social trading is fake

C
Christina L.
3 months ago

Exotraders (exotraders.net) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Fast support response|Market news feed|Smooth onboarding|Instant funding

Cons: No fractional shares

Impossible to reach anyone

M
Mark N.
3 months ago

Do not be fooled by the professional-looking website. Behind the scenes, Exotraders (exotraders.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found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.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: Stable platform|Easy to use platform|Smooth onboarding|Risk management tools

Cons: Nothing significant

Do not waste your money here

T
Teresa N.
6 months ago

I trusted Exotraders (exotraders.net) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Wide product range|Dividend tracking|Low minimum deposit|Comprehensive tools

Cons: Wish they had more educational resources|No dark mode on mobile

Can not recommend in any way

O
Oscar J.
8 months ago

I joined Exotraders (exotraders.net) after a friend recommended them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Clear documentation|API access|Great customer service|No hidden fees

Cons: Limited cryptocurrency options

Education is just sales pitch

A
Adrian L.
8 months ago

My card was charged twice by Exotraders (exotraders.net) on the same day. I had to dispute it with my bank. Exotraders (exotraders.net) 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: Professional team|Dividend tracking|Multi-device support|Stable platform

Cons: Account statements could be more detailed|Limited social trading features

A cautionary tale

H
Hugo E.
9 months ago

I requested my data from Exotraders (exotraders.net) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Multi-currency support|Regular updates

Cons: Cannot customize dashboard fully|Limited demo account features

Joint account not supported

W
Wesley L.
9 months ago

I lost a significant amount because Exotraders (exotraders.net) 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: Low minimum deposit|Comprehensive tools|High security standards|Copy trading available

Cons: Would like more payment methods

Password reset broken for weeks

R
Ryan T.
9 months ago

Opened my account with Exotraders (exotraders.net) through my accountant's suggestion 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: Educational resources|Professional team|Easy to use platform|Real-time alerts

Cons: Wait times can be long during peak hours