Trade Winners has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: TW Management Ltd 14 Robinson Road 12- 00 Singapore 048545 Singapore This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.tradewinnersadv.com.
I signed up with Trade Winners after my brother mentioned them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: API access|Demo account available
Cons: Could offer more webinars|Website design could be more modern
What really bothers me about Trade Winners is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a trusted YouTuber reviewed them and I fell for the polished exterior. Never again.
Pros: Regular platform improvements|Fast execution|Quick verification|Multi-currency support
Cons: Currency conversion fee exists|Onboarding videos are outdated
The only good thing about Trade Winners is that they remind you why regulation matters. I found them after seeing their ad online. 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: Detailed reporting|Great customer service
Cons: Desktop app not available on Linux|No fractional shares
After using Trade Winners for roughly four months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Reliable uptime|Full transparency|Multi-device support|Competitive fees
Cons: Limited social trading features
Trade Winners advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Portfolio tracking tools|Demo account available|Transparent fees
Cons: Minor UI glitches occasionally
KYC with Trade Winners 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: Easy withdrawals|Stable platform|Fast execution|Full transparency
Cons: Could offer more webinars
After for about three months with Trade Winners 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: Risk management tools|Economic calendar|Responsive team
Cons: Spreads widen during volatile periods
The platform itself is okay, but the customer service at Trade Winners is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Real-time alerts|Full transparency|Great customer service|Easy withdrawals
Cons: Email notifications too frequent|Inactivity fee applies after 12 months
I wanted to transfer my portfolio from another broker to Trade Winners. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Wide product range|Easy withdrawals
Cons: Limited ETF selection
Where do I even begin with Trade Winners? for just over a year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: API access|Clean UI|Detailed reporting|Demo account available
Cons: Research section could be deeper