Safe Trades 24 Options Fx (safetrades24optionsfx.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 10 Chiswell Street London United Kingdom EC1Y 4XY This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: safetrades24optionsfx.com.
Do not be fooled by the professional-looking website. Behind the scenes, Safe Trades 24 Options Fx (safetrades24optionsfx.com) is disorganized and incompetent. I found them after a friend recommended them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Personal attention|Multiple order types|Transparent fees|Tax reports included
Cons: Could offer more webinars
If you are reading this considering Safe Trades 24 Options Fx (safetrades24optionsfx.com) - run. I wish I had read more negative reviews after seeing their ad online. I thought the positive ones were real. Maybe some are. My experience over for the past six months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Real-time alerts|Portfolio tracking tools
Cons: Limited demo account features
The platform at Safe Trades 24 Options Fx (safetrades24optionsfx.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a couple of months now of dealing with this, I have had enough.
Pros: Good mobile app|Intuitive for beginners|Excellent charting|Wide product range
Cons: Currency conversion fee exists|Help articles are sometimes vague
I had a dispute with Safe Trades 24 Options Fx (safetrades24optionsfx.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: Easy withdrawals|Two-factor authentication|Copy trading available
Cons: Could offer more webinars
After using Safe Trades 24 Options Fx (safetrades24optionsfx.com) since I opened my account last year, 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: Quick verification|Competitive fees|Fast deposits|Clean UI
Cons: Slow to add new assets|Live chat only during business hours