Social Trade Pro (socialtradepro.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +001-801-765-9400
Addresses: 10 CORPORATE DR, STE 300, BURLINGTON, MASSACHUSETTS, 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: socialtradepro.com.
The spread at Social Trade Pro (socialtradepro.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after hearing about them at a conference and initially thought the platform was good - until I started trading seriously.
Pros: Smooth onboarding|Detailed reporting|Good analytical tools
Cons: None so far|Nothing significant
Social Trade Pro (socialtradepro.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Portfolio tracking tools|Fast deposits|Automated trading options
Cons: Minor UI glitches occasionally|No fractional shares
The so-called education at Social Trade Pro (socialtradepro.com) 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 since I retired last year thinking they would help me learn.
Pros: Educational resources|Multiple order types
Cons: Wait times can be long during peak hours
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Social Trade Pro (socialtradepro.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: No hidden fees|Quick verification
Cons: Limited ETF selection