1 based on 14 reviews
Social trading club
Social trading club
Defunct
About Social trading club

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Trust Pilot

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More info Social trading club
Social trading club Challenges
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Challenge
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1 based on 14 reviews

Customer Reviews (14)

  • Estella Bartoletti
    9 months ago

    This firm feels like just another scam in the world of proprietary trading. I’ve encountered dishonesty firsthand, especially when it comes to withdrawing funds. They’ve got over $5,000 of mine tied up in profit, yet they’ve chosen to ignore my inquiries. I’ve adhered to all the rules, but still haven’t received any of my profit share. Be cautious, as many firms that claim to be HFT-friendly often fall into the scam category.

  • Jaylen Pfannerstill
    12 months ago

    This firm seems to take the crown as the biggest scammer in the proprietary trading realm. I had two clients who were genuinely trading, but they were unfairly accused of copy trading, which led to a ban on their accounts. They have no real evidence to back up their claims that my clients were involved in any kind of copying. If there had been an option for zero stars, I would have chosen that instead of giving one star. It’s a clear scam.

  • Macie Moen
    12 months ago

    We had acquired a $200,000 funding account, but when we asked for a payout, the firm committed fraud. They provided us with a bogus explanation about copy trading and subsequently blocked our account. The reasons they gave were completely false. I sincerely urge everyone to avoid this firm—do not purchase any challenges from them. #FRAUD #FAKE #CHEATERS

  • Citlalli Kuvalis
    12 months ago

    I had five accounts, each with over $4,000 in withdrawals that were never paid out. It feels like I’m dealing with scammers here. It’s really frustrating.

  • Braulio Cremin
    1 year ago

    I successfully passed my challenge and received my first payout, which was a nice experience. I submitted a withdrawal request on February 14, 2024, and to my surprise, the funds were in my account about three days later—pretty impressive! I continued trading and made a profit, reaching the second withdrawal date, where I requested another payout on March 1, 2024. However, nearly three weeks have now passed, and they still haven’t processed my request. I’ve reached out to them twice, and each time, I’m told they’re experiencing a high volume of requests. They apologize for the delay but provide no further details, just that my request is under review.

    Given this experience, I can’t recommend this proprietary trading firm. They appear to be less than trustworthy, and my sentiment remains until I finally receive my payout and they prove otherwise.

    Update: It’s been three weeks since my last withdrawal attempt, and I’ve now received a response stating my withdrawal was denied. They claim my account violated their policies because I was engaging in copy trading. They assert my trading activity resembles other accounts or strategies but refuse to elaborate any further.

    At this point, I firmly believe this firm is a scam, and I would advise others to steer clear of it.

  • Christophe Lang
    1 year ago

    This firm is nothing short of a thief. In just one word, that sums up my experience.

  • Dayna Okuneva
    1 year ago

    This company is completely unreliable. Everything seems perfect until you request a withdrawal; then the trouble starts. They make up some ridiculous excuses to deny you your money and will even interfere with your live trading account. It’s frustrating because they don’t even bother to provide an explanation for their actions, abruptly shutting down your account without warning. I strongly advise you to steer clear of this firm and consider reporting them.

  • Francisca Schimmel
    1 year ago

    This company is a total scam. I really wouldn’t trust their advertisements at all.

  • Adriana Fisher
    1 year ago

    My time with Social Trading Club Forex Prop Fund has left much to be desired. I spent several months trading and racking up profits, but then hit a wall when I tried to withdraw my money. The fund managers mentioned a vague rule violation as the reason for holding back my earnings, but they didn’t provide any concrete details or proof. This lack of transparency and their reluctance to engage with my concerns raise significant ethical questions. I highly recommend that anyone considering investing tread carefully and steer clear of this questionable platform. It might be wiser to look into more reputable options such as FTMO.

  • Olen Pollich
    1 year ago

    Honesty is essential in any industry, and it’s disheartening to see practices that seem deceitful. Cheating others reflects poorly on a firm. It’s a shame that this kind of working style persists.

  • Emmanuel Gulgowski
    1 year ago

    I never received any payments! I submitted two requests from two separate accounts, but all I got was an email confirming that my requests were made. It feels like the company is out of business, even though their site is still up and running and accepting payments.

  • Amparo Russel
    1 year ago

    This proprietary trading firm really leaves a lot to be desired. It’s quite clear that their practices are not only questionable but also manipulative. I found myself faced with a lot of false promises and misleading information. Overall, the experience has been pretty disheartening.

  • Delaney Haley
    1 year ago

    I recently gave this prop firm a shot as a full-time trader with seven years of experience. Initially, I did receive a withdrawal, which was somewhat irritating, but at least they processed it. Overall, my experience was decent.

    However, after requesting my second payout, things started to drag on longer than I expected. I’m dropping my rating from five to two stars for now, pending further developments.

    Now, I’m really frustrated and feel compelled to decrease my rating to one star. After waiting ten days, I escalated my complaint to Eightcap and the Financial Conduct Authorities. Just fourteen days later, they suspended my account citing IP violations, which don’t align with their own terms and certainly weren’t true, given that I’ve only been using their trading account on one mobile device.

    This company feels like a complete scam. Please be cautious and consider reporting them. You can file a complaint with the Financial Conduct Authorities in Saint Vincent and the UK FCA. It might also be worth reporting their liquidity and technology providers too.

    For reference, their website is: socialtradingclubfunding.com.

  • Jasper Ankunding
    2 years ago

    This trading firm really fell short for me. They claim that traders have 35 days to finish their challenge, but my account got suspended right when I hit the 30-day mark. What’s worse is that they don’t provide any free retakes or even extensions. Overall, just a disappointing experience.