First Mining Trade (firstminingtrade.com) has been flagged by ASIC (Australia) for "Unlicensed". 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.firstminingtrade.com.
The mobile app from First Mining Trade (firstminingtrade.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: Two-factor authentication|No hidden fees|Customizable dashboard|Dedicated account manager
Cons: Limited ETF selection
The platform itself is okay, but the customer service at First Mining Trade (firstminingtrade.com) 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: Dedicated account manager|Helpful community forum
Cons: Website design could be more modern
After since early this year with First Mining Trade (firstminingtrade.com) 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: Easy to use platform|Real-time alerts
Cons: Withdrawal takes 1-2 business days
What really bothers me about First Mining Trade (firstminingtrade.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after hearing about them at a conference and I fell for the polished exterior. Never again.
Pros: Tax reports included|Fast execution|Portfolio tracking tools|Responsive team
Cons: No fractional shares|Limited demo account features
First Mining Trade (firstminingtrade.com) locked my account without warning and demanded documents I had already submitted. for about five months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Portfolio tracking tools|Wide product range|Economic calendar|Customizable dashboard
Cons: Live chat only during business hours
Opened my account with First Mining Trade (firstminingtrade.com) after hearing about them at a conference 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: Intuitive for beginners|Helpful community forum|Risk management tools|Fast deposits
Cons: Website design could be more modern|No live chat on mobile
Do not believe the bonus offer from First Mining Trade (firstminingtrade.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after seeing their ad online and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Copy trading available|Full transparency|Smooth onboarding
Cons: Limited demo account features|No phone support on weekends
I requested my data from First Mining Trade (firstminingtrade.com) 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: Economic calendar|Great customer service
Cons: Account statements could be more detailed
First Mining Trade (firstminingtrade.com) 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: Automated trading options|Dividend tracking|Copy trading available
Cons: Search feature is basic|Slow to add new assets
I joined First Mining Trade (firstminingtrade.com) through a podcast recommendation 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: Demo account available|Competitive fees
Cons: Website design could be more modern