Consummatetraders Reviews 

398
TrustScore 2.5 out of 5

2.7

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 1 out of 5 stars

Consummate Traders is a BIG SCAM!! Listen and learn from my experience. Don’t be a fool. I Lost many accounts and got disqualified instantly, eventually I got funded and made good profit. I’v... See more

Rated 1 out of 5 stars

I wonder where all these paid reviews are coming from... Consumate you trade and swap fee will chop all your profit you still end up with little or nothing... now time to withdraw, it becomes mathemat... See more

Company replied

Rated 1 out of 5 stars

They disabled my funded account of 100k plus 2.5k usd in profit because of the inconsistency rule that the didn't notice me of... just tool my account down for rhe exact reason I wasn't even informed.... See more

Company replied

Rated 5 out of 5 stars

Consummate traders is a one stop solution for traders. They have made funding available and accessible for traders. With their very pocket friendly offers with very moderate trading rul... See more

Company replied

Company details

  1. Alternative Financial Service

Written by the company

Consummate Traders is a proprietary trading company that provides retail traders with enough capital for them to achieve the popular phrase; financial freedom. Consummate Traders lets you trade over 1000 instruments including stocks, crypto, forex, and lots more. ...We fund, you trade, we pay you...


Contact info

2.7

Poor

TrustScore 2.5 out of 5

398 reviews

5-star
4-star
3-star
2-star
1-star

No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

2.7

All reviews

(398)

0 reviews in the last 12 months

Write a review
Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Scalping is impossible

Scalping is very hard here. I closed my positions with a profit of $25. Consisting of 5 trades each running about $4.3.
I closed all the trades but I got only $4.99 profit with each trade profit of $0.7
I immediately checked the chart if price went down. But the starting price of the candle stick when I close the trades didn’t match the price the orders closed with. Such a great difference in price.

I even opened another trade to test. The trade was running $3 in profit and increasing I closed the trade and I got $0.49 in profit. I checked the chart and price is still going up. I don’t know what to do. Can I get a refund? I bought the evaluation account today.

August 15, 2024
Unprompted review
Rated 1 out of 5 stars

Big scam

Big scam, VDM is currently working on them very soon they will be held accountable, dey don't pay 2 months now

August 8, 2024
Unprompted review
Rated 1 out of 5 stars

There prop firm is the worst ever

There prop firm is the worst ever. Since close to three months now I haven’t received my first payout and the facts is if you request for withdrawal they will mark it as paid and they won’t pay you. If you talk to there customer support very slow in response they will keep behaving like they will make amendment and they will never. It is now almost three month now. I regret buying there prop firm. People are complaining about them. Don’t fall for there trick they are scammer to me.

June 13, 2024
Unprompted review
Rated 1 out of 5 stars

SCAM!!!!

I honestly wish i could give them zero ratings because they are the worst prop firm to come out…
I requested payout for over a month now and i haven’t received a dime… they just keep playing me for a fool, giving me the same stories whenever i reach out to them.

August 5, 2024
Unprompted review
Rated 1 out of 5 stars

NON PAYMENT OF PROFIT AFTER SEVERAL EMAILS

I honestly don't recommend this prop firm to anyone. Since July 5th that I have requested for a withdrawal I haven't been paid. My family member is severely ill and millions has been spent leaving me to resort to connsummate to at least pay me to pay up for the hospital bills and treatment but they are still requesting for more time. Up till now I still haven't been paid.I honestly would not recommend this prop firm to anyone. If you intend to buy a challenge account from connsummate please do not bother to buy or else you wouldn't find it funny as you would be frustrated.
God would definitely judge all of them for making me pass through this pain.
Thanks.

July 30, 2024
Unprompted review
Rated 1 out of 5 stars

Fraudulent Disabling of Funded Account

I didn't violate any rule
I didn't violate any rule, but they disabled my account for violating the 6% Max daily drawdown rule. I have sent and written proof that I didn't violate it but they plain ignored me. I have proof to show that I didn't violate any rule. They do not want to restore my account neither would they provide me with another account. They are cheaters and are fraudulent. It is ironic that they are no longer active on X, and everything about them is so shady.

July 11, 2024
Unprompted review
Rated 1 out of 5 stars

Mt4 profit withdrawal is under revision for 2 weeks

I’ve been messaging helpdesk on the site everyday but nothing was done, keep making different excuses everyday. I requested for mt4 profit withdrawal 2 weeks ago but still says under revision up till now. How long you people want to review it?
At first, you said it only take 24 hours to 1 week. After 1 week, you people said you’ve problem with your liquidity providers. When exactly this will end. Meanwhile you don’t have problems with your liquidity providers when I was depositing money and buying challenge account back to back. I’ve bought more than 25 challenge account and failed, now that I managed to make profit. You’re having problem to pay. This is really frustrating and unfair and shouldn’t continue this scam behavior. Need to be reported to EFCC or any agency that will shut your company down. You can’t just keep scamming people’s hard earned money.

July 20, 2024
Unprompted review
Rated 1 out of 5 stars

Consummate Traders is a BIG SCAM!!

Consummate Traders is a BIG SCAM!!
Listen and learn from my experience. Don’t be a fool.

I Lost many accounts and got disqualified instantly, eventually I got funded and made good profit. I’ve waited 42days and still haven’t received my profit, just endless excuses(like the other scam prop firms that folded. Same red flags).

WARNING!!! This is a very very fraudulent Prop Firm, there are way better companies out there that pay instantly without Stories. If disqualification is Instant then Payments should also be instant. Be Wise.

July 19, 2024
Unprompted review
Rated 1 out of 5 stars

I didn't violate any rule

I didn't violate any rule, but they disabled my account for violating the 6% Max daily drawdown rule. They requested to view my trades history, they went through it and didn't find a fault but won't admit that their system was at fault. I have proof to show that I didn't violate any rule. They do not want to refund me neither would they provide me with another account. They are cheaters and are fraudulent. It is ironic and disappointing to see that they only reply to reviews that commend them and not the ones that needs problem solving

July 12, 2024
Unprompted review
Rated 1 out of 5 stars

Hidden violation rules by Consummate Traders

This consummate trader is something else. I have tried several evaluation accounts with them with very bad experience. They said u loose the account if you reach daily 6% and overall 12% but in reality that is not true. If you are in drawdown and you are very careful with your daily drawdown and overall % i.e you do not want it to exceed this threshold. Even though you are still in drawdown but not reaching the agreed % they will just disabled your account and send mail to you that you have reached 6% daily drawdown. You might even be in profit for that trading day. If you calculate both running positions in drawdown and closed positions (trades) it won't be up to both 6% daily drawdown and overall 12% drawdown.

When you escalate to their support service. They will just ignore you.

If you check metrics from the dashboard, their automated system will show you the total allowed drawdown for the day, disable your account but the stated allowable drawdown on the metrics will be far about the real drawdown on the account history for the day.

Just becareful with them.

July 10, 2024
Unprompted review
Rated 3 out of 5 stars

My experience with consummate Traders…

My experience with consummate Traders has been a rollercoaster of emotions. I'm grateful I got my payout after a month and constantly mailing of the support team. Shout-out to the support team by the way, you guys were really helpful whilst I was awaiting my withdrawal. They kept on assuring me that I'll get my money. Thank y'all.

One more request, I hope y'all could just reset my account. I'd really appreciate it.

July 11, 2024
Unprompted review
Rated 1 out of 5 stars

2weeks of delayed payment

I placed a withdrawal since on the 20/6/24 via my crypto wallet.I have not been credited till date.whenever i chat the customer care there is always an excuse such as long queue for payment or i should have used bank transfers.This is quite unfair because the Joy and fulfillment of every trader is to get his funds.This have literally killed my spirit to continue trading.
Okoh Emmanuel

June 20, 2024
Unprompted review
Rated 5 out of 5 stars

Trustpilot was a great and good Also…

Trustpilot was a great and good Also helpful to business.
To let people know you
To. Let people know what you are selling
And make your business run profitable
I know u not going to regret make a partnership with trustpilot

May 2, 2024
Unprompted review
Rated 1 out of 5 stars

fraudulent activity

How can you deactivate account for no reason.BEWARE of this company
My account has been deactivated but i didn't violate any rule this people are Scamming Beware guys

June 26, 2024
Unprompted review
Rated 4 out of 5 stars

I'm giving a 4 star review because I…

I'm giving a 4 star review because I had quite a bad experience on my first withdrawal from Consummate Traders. The withdrawal process took almost 2 weeks to be completed. It was really frustrating.
My second withdrawal, I saw a major improvement. Faster withdrawal, prompt response from the customer support.
I think consummate Traders is on a good path.
Hopefully the improvement is sustained.
Kind regards.

June 20, 2024
Unprompted review

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look