Summit Trade Co (summitrade.co) has been flagged by ASIC (Australia) for "Unlicensed". Search IC001 for other entities related to this alert.
Phones: 41225000892 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: summitrade.co.
What really bothers me about Summit Trade Co (summitrade.co) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a forum discussion and I fell for the polished exterior. Never again.
Pros: Instant funding|Wide product range|Smooth onboarding
Cons: Slow to add new assets
I have been trying to close my account with Summit Trade Co (summitrade.co) 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: Quick verification|Responsive team|Fast execution|Low minimum deposit
Cons: Cannot customize dashboard fully|Research section could be deeper
The platform at Summit Trade Co (summitrade.co) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since early this year of dealing with this, I have had enough.
Pros: High security standards|Responsive team|Regular platform improvements
Cons: Limited demo account features
Summit Trade Co (summitrade.co) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Competitive fees|Market news feed|Real-time alerts
Cons: Alert system is basic