Trade Masters (tmasterslimited.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: tmasterslimited.com.
I have been trying to close my account with Trade Masters (tmasterslimited.com) 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: Reliable uptime|Regular updates
Cons: Alert system is basic
I referred a friend to Trade Masters (tmasterslimited.com) after a trusted YouTuber reviewed them. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Economic calendar|No hidden fees|Segregated accounts
Cons: Slow to add new assets
My withdrawal request from Trade Masters (tmasterslimited.com) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Dedicated account manager|Competitive fees|Stable platform
Cons: Alert system is basic
After for the past six months with Trade Masters (tmasterslimited.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Transparent fees|Excellent charting|Dividend tracking|Portfolio tracking tools
Cons: No live chat on mobile
I gave Trade Masters (tmasterslimited.com) a fair chance. After for just over a year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Excellent charting|Clear documentation|Full transparency|API access
Cons: No fractional shares|No live chat on mobile
The so-called education at Trade Masters (tmasterslimited.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 for a couple of months now thinking they would help me learn.
Pros: Transparent fees|Economic calendar|Clear documentation|Fast support response
Cons: Would like more payment methods|Mobile app could be improved
Do not be fooled by the professional-looking website. Behind the scenes, Trade Masters (tmasterslimited.com) is disorganized and incompetent. I found them through a financial advisor and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Stable platform|Market news feed
Cons: Wish they had more educational resources|Could offer more webinars
My withdrawal from Trade Masters (tmasterslimited.com) 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 about five months of being strung along.
Pros: Stable platform|Customizable dashboard|Risk management tools
Cons: Nothing significant
The only good thing about Trade Masters (tmasterslimited.com) is that they remind you why regulation matters. I found them through a forum discussion. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Customizable dashboard|Excellent charting|Clear documentation
Cons: Would like more payment methods|Slow to add new assets
I lost a significant amount because Trade Masters (tmasterslimited.com) 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: Good mobile app|Regular updates
Cons: Wish they had more educational resources|Withdrawal takes 1-2 business days