Rely Trade Block (relytradeblock.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: relytradeblock.com.
I had a dispute with Rely Trade Block (relytradeblock.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Wide product range|Multi-currency support
Cons: Website design could be more modern
Customer support at Rely Trade Block (relytradeblock.com) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Customizable dashboard|Quick verification
Cons: None so far|Would like more payment methods
Rely Trade Block (relytradeblock.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Two-factor authentication|Professional team|Copy trading available|Multiple order types
Cons: Wait times can be long during peak hours|Currency conversion fee exists
After using Rely Trade Block (relytradeblock.com) for about eight 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: Stable platform|Economic calendar|Detailed reporting|Quick verification
Cons: Wish they had more educational resources
Rely Trade Block (relytradeblock.com) 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: Segregated accounts|Professional team|Low minimum deposit|Quick verification
Cons: Research section could be deeper
I am in a dispute with Rely Trade Block (relytradeblock.com) 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: Excellent charting|Copy trading available|Intuitive for beginners
Cons: Onboarding videos are outdated
I requested my data from Rely Trade Block (relytradeblock.com) 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: Multiple order types|Customizable dashboard|Copy trading available
Cons: Limited ETF selection
I trusted Rely Trade Block (relytradeblock.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Fast deposits|Easy to use platform
Cons: No integrated tax optimization
Rely Trade Block (relytradeblock.com) locked my account without warning and demanded documents I had already submitted. for roughly four months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Detailed reporting|Multiple order types
Cons: None so far|Limited ETF selection
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Rely Trade Block (relytradeblock.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Dedicated account manager|Dividend tracking|Good mobile app
Cons: No integrated tax optimization