Plutus Trading Ltd has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Plutus Trading Ltd seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Clean UI|Good analytical tools|Transparent fees|Risk management tools
Cons: Research section could be deeper|Search feature is basic
I was contacted by Plutus Trading Ltd 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
Plutus Trading Ltd 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: Fast support response|API access|Wide product range
Cons: No phone support on weekends|Desktop app not available on Linux
The so-called education at Plutus Trading Ltd 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 since I opened my account last year thinking they would help me learn.
Pros: Portfolio tracking tools|Professional team
Cons: Email notifications too frequent
Opened my account with Plutus Trading Ltd through my accountant's suggestion 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: Professional team|Easy to use platform|Transparent fees
Cons: Limited social trading features|Wait times can be long during peak hours
Where do I even begin with Plutus Trading Ltd? for about ten months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Helpful community forum|Tax reports included|Regular updates|Low minimum deposit
Cons: No dark mode on mobile|Minimum deposit could be lower
I experienced a security concern with my Plutus Trading Ltd account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Stable platform|Easy to use platform
Cons: Mobile app could be improved
I had a dispute with Plutus Trading Ltd 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: Customizable dashboard|Segregated accounts|No hidden fees
Cons: Could offer more webinars|Nothing significant
My withdrawal request from Plutus Trading Ltd 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: Dedicated account manager|Full transparency
Cons: No crypto staking|Wait times can be long during peak hours
I had high hopes for Plutus Trading Ltd while looking for alternatives to my previous provider, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Responsive team|Fast deposits
Cons: Some tools only available on higher tiers|Minimum deposit could be lower