Cryptocurrency Exchanges

sympathy-trade

1.5 (11 reviews)
🇬🇧 United Kingdom
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11 reviews
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About sympathy-trade

sympathy-trade has been flagged by Financial Conduct 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.

Customer Reviews

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Withdrawal blocked indefinitely

G
Gabrielle B.
2 weeks ago

KYC with sympathy-trade is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Social trading features|Fast deposits|Instant funding

Cons: Limited cryptocurrency options

Checked with regulators - they're not licensed

E
Edward M.
1 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that sympathy-trade has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Unauthorized firm|Found in IOSCO warnings database

No demo account that works

N
Noah E.
1 months ago

Do not be fooled by the professional-looking website. Behind the scenes, sympathy-trade 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 I found them after a friend recommended them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.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: Fast deposits|Competitive fees|Customizable dashboard

Cons: Minor UI glitches occasionally|Onboarding videos are outdated

Research is copy-paste from elsewhere

A
Amy A.
1 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. sympathy-trade recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Social trading features|Responsive team

Cons: Onboarding videos are outdated|No integrated tax optimization

Important information for potential investors

E
Emily G.
3 months ago

For anyone considering sympathy-trade, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Flagged by international regulators|Due diligence required

They have gotten worse over time

D
Danielle L.
4 months ago

Opened my account with sympathy-trade after a trusted YouTuber reviewed them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Clean UI|Low minimum deposit|Tax reports included|Dedicated account manager

Cons: Email notifications too frequent

Leverage too high for retail

D
Derek G.
5 months ago

sympathy-trade seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Excellent charting|Fast support response|Fast execution

Cons: Limited ETF selection|Research section could be deeper

Scam alert - They took my money

M
Mark A.
9 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that sympathy-trade 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: Initially responsive customer service

Cons: No regulatory oversight|Money disappeared|Fake testimonials

The fine print will get you

G
Grace R.
10 months ago

I closed a profitable position at sympathy-trade and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Competitive fees|Stable platform

Cons: No crypto staking|Cannot customize dashboard fully

Conversion fees hidden

J
Jake V.
11 months ago

The reporting at sympathy-trade is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Real-time alerts|Market news feed

Cons: Limited ETF selection|Withdrawal takes 1-2 business days