www.traderplace.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.traderplace.com.
I closed a profitable position at www.traderplace.com and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Social trading features|Multi-device support|Stable platform
Cons: Withdrawal takes 1-2 business days|Email notifications too frequent
I opened an account with www.traderplace.com for over a 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: Good analytical tools|Transparent fees|Fast execution|Professional team
Cons: Limited social trading features
Do not use www.traderplace.com for anything serious. I used them for over three years 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: Multi-device support|Two-factor authentication|Easy withdrawals
Cons: Some tools only available on higher tiers|Cannot customize dashboard fully
Do not be fooled by the professional-looking website. Behind the scenes, www.traderplace.com is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Wide product range|Segregated accounts|Easy withdrawals
Cons: Withdrawal takes 1-2 business days
I lost a significant amount because www.traderplace.com 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: Copy trading available|Two-factor authentication|Instant funding
Cons: No phone support on weekends|Could offer more webinars
After spending since the beginning of the year trying to make www.traderplace.com 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: Economic calendar|Instant funding
Cons: Limited social trading features|Search feature is basic
My withdrawal request from www.traderplace.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Copy trading available|Social trading features|Full transparency|Customizable dashboard
Cons: Limited demo account features
The so-called education at www.traderplace.com 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 over a year thinking they would help me learn.
Pros: Dividend tracking|Smooth onboarding|Stable platform
Cons: Account statements could be more detailed
I had a dispute with www.traderplace.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: Professional team|Multiple order types|Fast deposits
Cons: Minor UI glitches occasionally
I trusted www.traderplace.com 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: Multi-device support|Risk management tools
Cons: Email notifications too frequent