Pret Collaboratif has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After using Pret Collaboratif for roughly four months, 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: Fast deposits|Full transparency|Stable platform|Clean UI
Cons: Wish they had more educational resources
My card was charged twice by Pret Collaboratif on the same day. I had to dispute it with my bank. Pret Collaboratif 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: Low minimum deposit|Stable platform|Good analytical tools|Automated trading options
Cons: None so far
I requested my data from Pret Collaboratif under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: No hidden fees|Stable platform|Fast support response
Cons: Limited social trading features|Wish they had more educational resources