Tradersking has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 9 Paternoster Square London EC4M 7LS; The Hansa Bank Building 1st Floor Landsome Road British West Indies The Valley AI-2640 Anguilla 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.tradersking.com.
If you are reading this considering Tradersking - run. I wish I had read more negative reviews when my bank disappointed me and I searched for alternatives. I thought the positive ones were real. Maybe some are. My experience over for a few weeks now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Risk management tools|Smooth onboarding|Fast execution
Cons: Alert system is basic|Limited social trading features
I have been trying to close my account with Tradersking 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: Two-factor authentication|Fast deposits|Helpful community forum
Cons: Spreads widen during volatile periods
After spending since the beginning of the year trying to make Tradersking work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Stable platform|Economic calendar|Copy trading available|Regular updates
Cons: Some tools only available on higher tiers
Tradersking had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Helpful community forum|Real-time alerts|Educational resources
Cons: Minor UI glitches occasionally
Do not use Tradersking for anything serious. I used them for about three months 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: Professional team|Reliable uptime|Smooth onboarding
Cons: Slow to add new assets
Opened my account with Tradersking after seeing their ad online and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Segregated accounts|Market news feed
Cons: No dark mode on mobile
I had high hopes for Tradersking after my brother mentioned them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Good analytical tools|Customizable dashboard|Great customer service
Cons: Inactivity fee applies after 12 months|None so far
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Tradersking recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Multiple order types|Fast support response|Stable platform
Cons: Charting tools need more indicators|Could offer more webinars