isptraders.com has been flagged by Swiss Financial Market Supervisory Authority for "Other". www.isptraders.com steht nicht im Zusammenhang mit der ISP Securities AG, Zürich, welche im Schweizerischen Handelsregister eingetragen ist (CHE-107.536.101).
www.isptraders.com n'a pas de lien avec ISP Securities AG, Zurich, laquelle est inscrite au registre du commerce suisse (CHE-107.536.101... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My card was charged twice by isptraders.com on the same day. I had to dispute it with my bank. isptraders.com 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: Demo account available|Multiple order types|Wide product range|Quick verification
Cons: Nothing significant|Currency conversion fee exists
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. isptraders.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Good mobile app|Stable platform|Detailed reporting
Cons: Could offer more webinars
If you are reading this considering isptraders.com - run. I wish I had read more negative reviews after comparing multiple platforms. I thought the positive ones were real. Maybe some are. My experience over since I retired last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Copy trading available|Easy withdrawals|Transparent fees
Cons: Charting tools need more indicators|Cannot customize dashboard fully
I wanted to transfer my portfolio from another broker to isptraders.com. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Clear documentation|Detailed reporting|Quick verification
Cons: Minor UI glitches occasionally|No dark mode on mobile
I requested my data from isptraders.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: Instant funding|Multi-currency support
Cons: Alert system is basic|Minor UI glitches occasionally
After seeing ads for isptraders.com online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Swiss Financial Market Supervisory Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises
I closed a profitable position at isptraders.com and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Economic calendar|Competitive fees|Clean UI|Multi-device support
Cons: Wait times can be long during peak hours
For anyone considering isptraders.com, please be aware that this company has been flagged by Swiss Financial Market Supervisory Authority. 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.
Pros: Information is publicly available for verification
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I was contacted by isptraders.com 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: Blocked my account|No legitimate license|Fake returns