Leap-Trade (leap-trade.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: leap-trade.com.
Leap-Trade (leap-trade.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Multi-device support|Two-factor authentication
Cons: Minor UI glitches occasionally|Live chat only during business hours
The platform itself is okay, but the customer service at Leap-Trade (leap-trade.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: Multiple order types|Good analytical tools
Cons: No live chat on mobile
The hidden fees at Leap-Trade (leap-trade.com) 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: Good analytical tools|Competitive fees
Cons: No phone support on weekends
I signed up with Leap-Trade (leap-trade.com) through my accountant's suggestion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Quick verification|Risk management tools
Cons: Mobile app could be improved
Leap-Trade (leap-trade.com) locked my account without warning and demanded documents I had already submitted. for the past six 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: Easy withdrawals|Multi-device support
Cons: Account statements could be more detailed
The so-called education at Leap-Trade (leap-trade.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a few weeks now thinking they would help me learn.
Pros: Economic calendar|High security standards|Tax reports included|Clean UI
Cons: Research section could be deeper
Do not use Leap-Trade (leap-trade.com) for anything serious. I used them for the past year and a half for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Good mobile app|Comprehensive tools|Market news feed
Cons: No integrated tax optimization
The only good thing about Leap-Trade (leap-trade.com) is that they remind you why regulation matters. I found them based on a colleague's recommendation. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Easy withdrawals|Fast execution
Cons: Limited social trading features
Leap-Trade (leap-trade.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Multi-currency support|Clean UI|Segregated accounts|Full transparency
Cons: Inactivity fee applies after 12 months
The reporting at Leap-Trade (leap-trade.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Real-time alerts|Transparent fees|Low minimum deposit|Dividend tracking
Cons: Would like more payment methods|Inactivity fee applies after 12 months