www.tradect.com has been flagged by AMF (France) for "Unauthorised". Category: Forex 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.tradect.com.
www.tradect.com offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Quick verification|Fast support response
Cons: Spreads widen during volatile periods|Currency conversion fee exists
www.tradect.com 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: Responsive team|Detailed reporting|Dividend tracking
Cons: Account statements could be more detailed
My withdrawal from www.tradect.com 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 the past year and a half of being strung along.
Pros: Segregated accounts|Quick verification
Cons: Cannot customize dashboard fully|Limited social trading features
I found www.tradect.com after a friend recommended them and the initial impression was positive. But for about eight months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Good analytical tools|Tax reports included|Professional team|Intuitive for beginners
Cons: Email notifications too frequent
I am in a dispute with www.tradect.com over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Real-time alerts|Clean UI|High security standards|Copy trading available
Cons: Cannot customize dashboard fully|Would like more payment methods
www.tradect.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Demo account available|Multiple order types
Cons: No integrated tax optimization|Mobile app could be improved
Do not be fooled by the professional-looking website. Behind the scenes, www.tradect.com is disorganized and incompetent. I found them through a podcast recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Transparent fees|Risk management tools|Comprehensive tools
Cons: Would like more payment methods
I had a dispute with www.tradect.com 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: Educational resources|Great customer service
Cons: Search feature is basic
I requested my data from www.tradect.com under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Quick verification|Intuitive for beginners|Low minimum deposit
Cons: Wait times can be long during peak hours|Limited ETF selection
I opened an account with www.tradect.com since the beginning of the year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Quick verification|Economic calendar
Cons: Alert system is basic