Market Lead Trading (marketleadtrading.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +1(469)769-4333
Addresses: Alexandria Louisiana USA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: marketleadtrading.com.
I opened an account with Market Lead Trading (marketleadtrading.com) since I opened my account last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Easy to use platform|Regular updates|Multi-device support|Instant funding
Cons: No live chat on mobile
Market Lead Trading (marketleadtrading.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Clear documentation|Two-factor authentication|Good mobile app|Multi-device support
Cons: Desktop app not available on Linux|Inactivity fee applies after 12 months
The spread at Market Lead Trading (marketleadtrading.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a blog post comparing services and initially thought the platform was good - until I started trading seriously.
Pros: Automated trading options|No hidden fees
Cons: No integrated tax optimization
After for over a year with Market Lead Trading (marketleadtrading.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: Regular updates|Multiple order types|Dividend tracking|Good analytical tools
Cons: Limited demo account features|No crypto staking
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Market Lead Trading (marketleadtrading.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Helpful community forum|Smooth onboarding
Cons: Limited cryptocurrency options
My card was charged twice by Market Lead Trading (marketleadtrading.com) on the same day. I had to dispute it with my bank. Market Lead Trading (marketleadtrading.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: Intuitive for beginners|Good analytical tools
Cons: Some tools only available on higher tiers
Do not be fooled by the professional-looking website. Behind the scenes, Market Lead Trading (marketleadtrading.com) is disorganized and incompetent. I found them after my brother mentioned them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Portfolio tracking tools|Competitive fees|Risk management tools|Clear documentation
Cons: Slow to add new assets
The reporting at Market Lead Trading (marketleadtrading.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: Professional team|Comprehensive tools|Fast support response|Market news feed
Cons: No phone support on weekends|No crypto staking
Market Lead Trading (marketleadtrading.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: Multi-device support|Regular platform improvements|Responsive team
Cons: Would like more payment methods|Alert system is basic