Forex Brokers

The Trading Pit

1.4 (5 reviews)
🇲🇾 Malaysia
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About The Trading Pit

The Trading Pit has been flagged by Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Holding out as carrying on unlicensed capital market activities of dealing in securities 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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Warning to all investors

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Emma V.
2 weeks ago

I invested $15,000 with The Trading Pit 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 Securities Commission.

Pros: Initially responsive customer service

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Lost my investment - DO NOT TRUST

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Alex D.
1 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that The Trading Pit 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: Professional looking website

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Check regulatory status before investing

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Richard P.
4 months ago

For anyone considering The Trading Pit, please be aware that this company has been flagged by Securities Commission. 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

Checked with regulators - they're not licensed

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Mark N.
6 months ago

After seeing ads for The Trading Pit online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Cons: Not registered with regulators|Unrealistic promises

Server in wrong region high latency

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Heather X.
6 months ago

My withdrawal from The Trading Pit was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for a few weeks now of being strung along.

Pros: Competitive fees|Multiple order types|Tax reports included|Educational resources

Cons: No dark mode on mobile