TRCryptoMasters has been flagged by Financial Conduct 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 spread at TRCryptoMasters is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a trusted YouTuber reviewed them and initially thought the platform was good - until I started trading seriously.
Pros: Portfolio tracking tools|Social trading features
Cons: No integrated tax optimization|Limited demo account features
My withdrawal from TRCryptoMasters was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about three months of being strung along.
Pros: Dividend tracking|Wide product range|Regular updates
Cons: Mobile app could be improved
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. TRCryptoMasters said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Good mobile app|Detailed reporting|High security standards
Cons: Wish they had more educational resources
TRCryptoMasters locked my account without warning and demanded documents I had already submitted. for roughly four 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: Helpful community forum|No hidden fees|Educational resources
Cons: Limited social trading features|Account statements could be more detailed