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.
I lost a significant amount because Leap-Trade (leap-trade.com) 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: Market news feed|Educational resources|Economic calendar
Cons: Minimum deposit could be lower|Onboarding videos are outdated
My withdrawal from Leap-Trade (leap-trade.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for a couple of months now of being strung along.
Pros: Full transparency|Educational resources|Multi-currency support|Regular updates
Cons: Some tools only available on higher tiers
I had a dispute with Leap-Trade (leap-trade.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Easy withdrawals|Segregated accounts|Real-time alerts|Stable platform
Cons: Website design could be more modern
My withdrawal request from Leap-Trade (leap-trade.com) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Social trading features|Fast execution|Detailed reporting|No hidden fees
Cons: Would like more payment methods