Trader Master (trader-master.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: trader-master.com.
I referred a friend to Trader Master (trader-master.com) through my accountant's suggestion. 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: Low minimum deposit|Instant funding|Segregated accounts
Cons: Website design could be more modern|Would like more payment methods
I have been trying to close my account with Trader Master (trader-master.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: Customizable dashboard|Automated trading options|Wide product range|Comprehensive tools
Cons: Could offer more webinars
I lost a significant amount because Trader Master (trader-master.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: Easy withdrawals|Competitive fees
Cons: No dark mode on mobile|Wait times can be long during peak hours
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Trader Master (trader-master.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Regular updates|Dividend tracking|Reliable uptime|Fast execution
Cons: Alert system is basic|Spreads widen during volatile periods
What really bothers me about Trader Master (trader-master.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a blog post comparing services and I fell for the polished exterior. Never again.
Pros: Segregated accounts|High security standards
Cons: Cannot customize dashboard fully
The reporting at Trader Master (trader-master.com) 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: Automated trading options|Social trading features|Customizable dashboard
Cons: Nothing significant|No live chat on mobile
Do not use Trader Master (trader-master.com) for anything serious. I used them since last summer for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Fast support response|Real-time alerts|Fast execution
Cons: Help articles are sometimes vague
The so-called education at Trader Master (trader-master.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 few weeks now thinking they would help me learn.
Pros: Regular updates|Transparent fees|Educational resources|Smooth onboarding
Cons: Currency conversion fee exists