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.
The spread at PrecisionTrade (precisiontrade.io) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them when my bank disappointed me and I searched for alternatives and initially thought the platform was good - until I started trading seriously.
Pros: Educational resources|Stable platform|High security standards
Cons: None so far|No phone support on weekends
After using PrecisionTrade (precisiontrade.io) for over three years, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Stable platform|Multiple order types|Fast deposits|Two-factor authentication
Cons: Wait times can be long during peak hours|Cannot customize dashboard fully
I have been trying to close my account with PrecisionTrade (precisiontrade.io) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Stable platform|Tax reports included|Multi-currency support
Cons: No crypto staking|None so far