CC Trader

Money & Insurance
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62 reviews
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Customer Reviews about

CC Trader

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Charles

4.00/5.00

"Foreign Exchange spreads"

Overall very satisfied with the equity trading system. Foreign Exchange spreads can be further improved. Spreads not always consistent.

27/02/2020

Simon

3.00/5.00

"Overall I like theplatform but at times…"

Overall I like theplatform but at times I find that the live market prices are updated late.There seem to be a few minutes lag
I also would like to see the % gain/loss between cost and market price in the Portfolio section

I am really satisfied with the Customer care chat

27/02/2020

Eric

5.00/5.00

"Good and easy to manage platform"

Good and easy to manage platform.
Prompt action from backup service when required.

27/02/2020

Pierre

3.00/5.00

"Failed trade due to a bug in the system"

I had put in a sell order for 400 shares of ERII on the Nasdaq that did not go through because of a bug in the system.

The responses this time were to slow as I could have most possibly sold the shares I was trying to sell at a higher price on the first day that I was trying to sell them.

I did actually sell my shares at USD 10.40 the next day but as I had submitted a low offer price and not too many shares trade on ERII each day my offer would have almost definitely been accepted at around USD 10.52 or so....

I was told that I had suffered no loss as I did in fact sell the shares at USD 10.40 instead of USD 10.30.

As I was proven correct in that it was a bug in the system I don't really agree with the logic of not making a loss.

It is more than likely that I indeed suffered a loss of USD 0.10 to USD 0.15 per share in fact as they would have likely sold for that price the previous day.

Mathematically this would amount to an approximate minimum loss of USD 40.00

As I was considering another purchase of different shares with the proceeds of my sale of ERII I theoretically could have suffered a much greater loss if the new purchase had increased in value.

Though I appreciate that CC is now refunding me EURO 8.00 I am a bit confused as to how this was calculated.

I will still be using the platform though it is quite unnerving to know that such a bug could cost large sums of money for more established traders than myself who try to buy or sell on days like today where the market is plunging so heavily for days in a row.

27/02/2020

Casual trader

3.00/5.00

"The good, the ok and the bad"

The good: support is generally fast and reliable.
The ok: I have experienced a few hiccups with the platform, which caused me to lose a good trade, but these were rare occurances. Otherwise it is simple to use. Maybe a bit too simple.
The less ok: The service badly needs to provide proper charting and analysis services similar to Tradingview, especially considering the trade fees being charged. Moving averages and a few other metrics would go a long way.
The even less ok: Reports from the platform need a re-think. There are about 5 reports and none of them meet my needs. I would need to export to excel, and process heavily to get the relatively straightforward information I require.
The bad: the trade fees need to come down further to be competitive with other platforms. I would definitely be trading much more with lower fees.

27/02/2020

Marvel

4.00/5.00

"Would be 5 stars if it weren’t for some…"

Would be 5 stars if it weren’t for some crashes.

27/02/2020

Carmen

5.00/5.00

"The site CCTrader is user friendly and…"

The site CCTrader is user friendly and offers a large selection of investing opportunities. Frequent periodic newsletters are sent with valuable information and the support it offers through its helpful team of members gives reassurance.

27/02/2020

Mario

3.00/5.00

"The team behind CCTrader is great"

The team behind CCTrader is great, but the software trader per se lacks quite some functionalities when compared to other traders software for example trailing stop loss, the ability to short etc.

27/02/2020

Thomas

5.00/5.00

"As a cc client for over 30 years if it…"

As a cc client for over 30 years if it wasn't for their commitment,
know-how and help along the road I definitely wouldn't have lasted this long.

09/02/2020

RONNIE

4.00/5.00

"the best equity and bond trader on the…"

the best equity and bond trader on the local market as well as on foreign markets. the cost is reasonable and certainly cheaper than the competition. one slight grumble, the service used to be a little bit better just a few months back. that said, cctrader is still the best.

04/02/2020
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