protrade.investments has been flagged by Financial Services 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.
protrade.investments offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Easy to use platform|Wide product range|Reliable uptime|Competitive fees
Cons: Email notifications too frequent
After doing some research AFTER the fact (I know, I should have done this first), I discovered that protrade.investments is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
protrade.investments has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: No hidden fees|Fast support response|High security standards|Multi-currency support
Cons: Spreads widen during volatile periods
The mobile app from protrade.investments is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Clean UI|Personal attention|Dedicated account manager|Transparent fees
Cons: Withdrawal takes 1-2 business days|None so far
Several red flags with protrade.investments: (1) They promise unrealistically high returns, (2) They're not registered with Financial Services Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
I opened an account with protrade.investments for over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Excellent charting|Quick verification|Wide product range|Professional team
Cons: Spreads widen during volatile periods|No dark mode on mobile
The so-called education at protrade.investments 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 for about eight months thinking they would help me learn.
Pros: Reliable uptime|Competitive fees
Cons: Desktop app not available on Linux|Onboarding videos are outdated
I joined protrade.investments while looking for alternatives to my previous provider 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-currency support|Good analytical tools
Cons: Limited demo account features
I had high hopes for protrade.investments after attending a webinar they hosted, 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: Excellent charting|Smooth onboarding|Multi-currency support
Cons: Help articles are sometimes vague
If you are reading this considering protrade.investments - run. I wish I had read more negative reviews while looking for alternatives to my previous provider. I thought the positive ones were real. Maybe some are. My experience over for roughly four months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Regular platform improvements|Fast support response|Two-factor authentication|Demo account available
Cons: Charting tools need more indicators