Traderapp (moneymapnow.org) 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: www.moneymapnow.org.
My card was charged twice by Traderapp (moneymapnow.org) on the same day. I had to dispute it with my bank. Traderapp (moneymapnow.org) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Demo account available|Regular updates|Intuitive for beginners
Cons: Email notifications too frequent|Website design could be more modern
I wanted to transfer my portfolio from another broker to Traderapp (moneymapnow.org). 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: Dividend tracking|Real-time alerts|Two-factor authentication
Cons: Limited ETF selection|Onboarding videos are outdated
What really bothers me about Traderapp (moneymapnow.org) 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 review site like this one and I fell for the polished exterior. Never again.
Pros: API access|Intuitive for beginners
Cons: Withdrawal takes 1-2 business days|No integrated tax optimization
Traderapp (moneymapnow.org) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Social trading features|Segregated accounts
Cons: Website design could be more modern
I gave Traderapp (moneymapnow.org) a fair chance. After for about three months 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: Comprehensive tools|Professional team|Wide product range
Cons: Mobile app could be improved|Alert system is basic
Traderapp (moneymapnow.org) locked my account without warning and demanded documents I had already submitted. for about three months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Portfolio tracking tools|Intuitive for beginners|Two-factor authentication
Cons: Some tools only available on higher tiers|Wait times can be long during peak hours
Traderapp (moneymapnow.org) 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: Copy trading available|API access|Fast support response
Cons: Spreads widen during volatile periods|Alert system is basic
I had a dispute with Traderapp (moneymapnow.org) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Segregated accounts|Dedicated account manager|Multi-currency support
Cons: Onboarding videos are outdated
I trusted Traderapp (moneymapnow.org) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Reliable uptime|Wide product range|Full transparency
Cons: Limited ETF selection
I signed up with Traderapp (moneymapnow.org) from a review site like this one 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: Regular updates|Social trading features
Cons: Research section could be deeper|Help articles are sometimes vague