Tateworld 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.
Tateworld 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: Market news feed|High security standards|Easy to use platform
Cons: Spreads widen during volatile periods|Limited demo account features
Several red flags with Tateworld: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Tateworld recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Fast support response|Customizable dashboard|Easy to use platform|Responsive team
Cons: No phone support on weekends|Withdrawal takes 1-2 business days
After spending since last summer trying to make Tateworld work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Competitive fees|Stable platform
Cons: Could offer more webinars
I lost a significant amount because Tateworld did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Excellent charting|Stable platform
Cons: Search feature is basic
Do not be fooled by the professional-looking website. Behind the scenes, Tateworld is disorganized and incompetent. I found them through my accountant's suggestion and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Copy trading available|Excellent charting|Fast deposits|Social trading features
Cons: Some tools only available on higher tiers
I invested $3,500 with Tateworld after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive