Trading Tools has been flagged by Palestine Capital Market Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The so-called education at Trading Tools 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: Great customer service|Multiple order types
Cons: Onboarding videos are outdated|Research section could be deeper
Trading Tools locked my account without warning and demanded documents I had already submitted. for the past year and a half later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Fast deposits|Educational resources|Clear documentation|Clean UI
Cons: Wait times can be long during peak hours|Alert system is basic
I lost a significant amount because Trading Tools 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: High security standards|Market news feed
Cons: Limited cryptocurrency options