PrecisionTrade (precisiontrade.io) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 442070978282 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: precisiontrade.io.
I found PrecisionTrade (precisiontrade.io) through a podcast recommendation and the initial impression was positive. But for about three months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Transparent fees|API access|Customizable dashboard|Regular updates
Cons: Limited ETF selection
Do not believe the bonus offer from PrecisionTrade (precisiontrade.io). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a financial advisor and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: High security standards|Excellent charting|Clear documentation
Cons: Wait times can be long during peak hours
Where do I even begin with PrecisionTrade (precisiontrade.io)? since I opened my account last year 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: Segregated accounts|API access
Cons: Minor UI glitches occasionally
What really bothers me about PrecisionTrade (precisiontrade.io) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after comparing multiple platforms and I fell for the polished exterior. Never again.
Pros: Intuitive for beginners|Regular platform improvements
Cons: Would like more payment methods
My card was charged twice by PrecisionTrade (precisiontrade.io) on the same day. I had to dispute it with my bank. PrecisionTrade (precisiontrade.io) 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: Customizable dashboard|Reliable uptime
Cons: Alert system is basic
I joined PrecisionTrade (precisiontrade.io) through word of mouth in my investment club and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Regular platform improvements|Stable platform|Market news feed|Demo account available
Cons: Mobile app could be improved
I am in a dispute with PrecisionTrade (precisiontrade.io) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Comprehensive tools|Personal attention
Cons: Website design could be more modern|Mobile app could be improved
After spending for the past six months trying to make PrecisionTrade (precisiontrade.io) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Economic calendar|Reliable uptime|Personal attention|Two-factor authentication
Cons: Wish they had more educational resources|Wait times can be long during peak hours
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. PrecisionTrade (precisiontrade.io) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Automated trading options|Regular platform improvements|Competitive fees
Cons: Desktop app not available on Linux
PrecisionTrade (precisiontrade.io) 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: Personal attention|Portfolio tracking tools|Copy trading available|Wide product range
Cons: Wish they had more educational resources|No integrated tax optimization