8 customer reviews of traderscentralfund.com
Traders Central Rating
Based on 8 reviews from Traders Central customers, company has accumulated an average rating of 1 stars, indicating that majority of customers are not satisfied with its service.
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I have proof for all those that are interested. I purchased their monthly plan after some time spent on their 1:3 $50,000 demo where I saw and tested I could take decent positions and make decent money. I was deceived as i saw some discrepancy regarding the live account leverage. On the demo with the same leverage and same size account, i could enter two positions of .65 (EuRNZD)within the margin but on the live only one position used up 98% of the margin and it was not even .65 x2, just .72. SO PLEASE STAY AWAY FROM THESE PEOPLE. They will be going OUT soon. Here is the chat:
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Funding Plans
Bagley profile
We offer the one-time fee challenge and instant and monthly plans. So which are you interested in?
Monthly Plan
Bagley profile
The monthly plan, it is a subscription based plan. Without having to go through evaluation you get access to live funding in 24 hours.
Account sizes : $12,500, $2500, and $50,000.
Pricing: CAD85, CAD170 and CAD345
Profit share: 60% for the $12500 and $25000 plans and 55% for the $50000 plan and
Leverage : 1:6
Trading hours : 24/7
Position Holding : Overnight and over the weekend allowed
Still need help
Okay no worries let me connect you to an available customer support agent.
Bagley profile
Email
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-how. come the 1:3 leverage on the $50,000. demo is different from the one on the live. I purchase the monthly because i tried it on demo for some time. the leverage on the live says 1 to 3 but its probably 1 to 1. i have 2 positions opened on demo and i can only have 1 position on live with the same leverage. please explain it
5:08 pm
Bagley profile
You’ll get replies here and in your email:
✉️ ...
Our usual reply time
🕒 A few minutes
Muhammad profile
Hi you will need to reduce your lot size if you want to put multiple positions
-ill send you screen shots
the first one is the live and the 2nd one is the demo
only a .72 position has burnt 96% of the margin on the live
and they both have the same leverage 1 to 3
Muhammad profile
please visit lot size guide for Monthly plan on this link
https//helptraderscentralcom/en/articles/4682577-position-lot-size-guide
-i have
Muhammad profile
You are limited to lotsize on monthly plan.. If your margin allow it, you can open as many as you want but you need to follow the lotsize guide.
The lotsize position table shows the maximum you can place at a time and once you have used up your margin. You will not be allowed to open any position until you close your running position.
Meaning that on $50k account. Once you open 0.81 lot on gbpusd for instance, you have used up your margin and If you tried placing any trade it will display "not enough money"
-max lot size for eurnzd is 1.58 on the 50k
1.5 - .7 = .8
i should be able to place an additional .8 based on the article
I have reviewed all this before signing up
Muhammad profile
EUR/NZD is not 1.5
-i saw it yesterday and it was
unless it was changed
???
Muhammad profile
EUR/NZD never has 1.5 Lot
maybe you seen different pair
-sure maybe different oair
i just tried with nzdjpy which shows 1.66 max lot size
i can only trade max 1.1
??
Muhammad profile
The lot sizes shown on guide are not static. Margin requirements will periodically change to account for changes in market
-can i request a refund
Muhammad profile
I afraid we can't do refund
its a scam
-the back office sets the leverage at 1 to 1 and promotes that its a 1 to 3
for live accounts
8m ago. Not seen yet
They do not fund you even if you pass I passed both stages with minimal Drawdown & they come out with some stupid reason to refuse me.
If you say anything about it in the public chat they remove you from there too.
They don't fund traders
They don't fund traders, I passed every phase and didn't violate any rules but they didn't fund me.
They say they don't have a consistency rule or risk review but they still do.
This is the absolute truth, all of their good reviews are fake.
They still have the consistency rule:
That's in their funding policy
"(c) Performing trading strategies in a way that establishes justified concerns that the backer might suffer financial or other harm as a result."
Lastly they remove bad reviews from this website.
Absolute worst prop firm out there. Don’t be fooled by the cheaper prices. Their support team is beyond useless, everything takes a week for delivery & their risk review team can disqualify good traders at their own discretion.
BY FAAAAAAAAAAAR THE WORST FUNDING COMPANY EVER............ WORST KIND OF SUPPORT
Service delivery is CRAZY SLOW and they do not respect time terminations.
I passed stage 1 and they told me that RISK REVIEW (which is a prior step before receiving stage 2 credential….) was going to arrive in 48 business hours.
Well still nothing after an entire week of talking with every support employee.
Yesterday I received an international call from an unknown number in England. I did not pick up. For the rest of the day I received international calls from 4 other completely different numbers, including one from Austria. Today I received an email from Trading Central saying they've been calling me. I never signed up for this, but I did sign up for a completely different thing, which I later found up to be a crypto scam.
Passed phase 1 messaged multiple times in regards to phase 2 and not one reply. Waited 3 days aswell risk review still under progress