Private Trading Acquisitions has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 302 3804038, fax 1 302 261 7805
Addresses: c/- Citizens Bank Centre Level 15 919 Market Street Wilmington Delaware 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: www.private-trading.com.
I lost a significant amount because Private Trading Acquisitions did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Intuitive for beginners|Fast deposits
Cons: Limited demo account features
What really bothers me about Private Trading Acquisitions is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after hearing about them at a conference and I fell for the polished exterior. Never again.
Pros: Market news feed|Two-factor authentication
Cons: Could offer more webinars
I have been trying to close my account with Private Trading Acquisitions 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: Portfolio tracking tools|Two-factor authentication|Easy to use platform
Cons: Wait times can be long during peak hours
After using Private Trading Acquisitions for nearly two 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: Multiple order types|Demo account available|Customizable dashboard|Good analytical tools
Cons: Limited social trading features
I joined Private Trading Acquisitions through my accountant's suggestion 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: Multi-device support|Two-factor authentication
Cons: Research section could be deeper|No dark mode on mobile
The onboarding at Private Trading Acquisitions was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Excellent charting|Social trading features
Cons: Limited cryptocurrency options|Limited ETF selection
Opened my account with Private Trading Acquisitions after my brother mentioned them 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: Good analytical tools|Dedicated account manager|Full transparency
Cons: Minor UI glitches occasionally
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. Private Trading Acquisitions said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Helpful community forum|Intuitive for beginners
Cons: Limited social trading features|Some tools only available on higher tiers
After for about ten months with Private Trading Acquisitions 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: Easy to use platform|Good mobile app|Professional team|Competitive fees
Cons: None so far
Private Trading Acquisitions locked my account without warning and demanded documents I had already submitted. since I opened my account last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Stable platform|Segregated accounts
Cons: Website design could be more modern|Charting tools need more indicators