ThePropTrading.com.au Review

1 • 3 REVIEWS
Out of business Prop Firm
Updated: Feb 22, 2023
Website is down. Company seems to be out of business.
ThePropTrading.com.au
Out of business

Details

Established: Unknown
Contact: support@theproptrading.com.au, +61 1300 984 019
1 • 3 REVIEWS

Recent User Reviews of ThePropTrading.com.au

S
SLHTD
KERALA, India,
Dec 3, 2022,
Registered user

The Proptrading.com.au failed me even though I followed the rules

Service use: Other Length of use: 0-3 Months
I regret having bought their evaluation programme for getting a funded account afterwards. I had only done two weeks trading and on 2 DEC 2022 FRIDAY night they closed all my open positions and declared me failed !!!.
my allowed floating loss upto 2500 dollars while my negative balance was only 396.07.
The reason for account closure is "HOLDING TRADES OVER WEEKEND ". Their websites clearly states that holding trades over weekend is perfectly allowed and also " trade your way ". these were the two possitive conditions that were absolutely required for my trading process which has been very much successful for the past 8 months. Since they found nothing else to blame, they came up with a lame excuse of holding trades over weekend which was clearly permited on their own website.
This experience clearly shows that these so called companies labelling themselves as PROPRITORY TRADING FUNDING companies are all great thieves exisiting with all the devilish greediness to steal the hard earned money of the traders. so any one planning to buy such decieving programmes from these so called companies to build a profession may please be ready to lose your money rather than getting funded.
these companies instead are funding their own pockets with your valuable hard earned money.
I am not against this company personally, but against all these false companies . I swear I will never dare to try any of such false entities never ever again in my whole life. the first single star does not denote any quality, but denotes teriible and scam.
SLHTD.
V
vortex268
uk, United Kingdom,
Sep 10, 2021,
Registered user

They are so bad I created a forexpeacearmy.com account to review them.

Service use: Other Length of use: 0-3 Months
This company is a total Scam. Their customer service is horrible. Their violation rules are very vague as I believe they just want to scam people out of there money. Their customer service is disgustingly slow and inefficient.

They dont have a dashboard to tell you about the DDs and will block your account and take your money. I wish I could rate them even lower.

They are so bad I created a forexpeacearmy.com account to review them.To make sure that other people dont fall for this Scam.
I 100% agree with the other reviewers about this horrible company. in fact I will go to all major fx platforms and inform people about this Scam as and when I get a chance.
Please stay clear and save your Hard Earned CAsh
1 trader has found this review helpful
W
Wgroenewald
New Zealand, New Zealand,
Aug 11, 2021,
Registered user

A total SCAM, terrible terrible customer service

Service use: Demo Length of use: 0-3 Months
I wish I can give these people a negative 5 for their service and transparency. I should have gone through all these reviews before I bought 500K worth of Evaluations. I bough 2 x 200K Evaluations and ask THEIR Customer support if I can copy the trades between these two accounts. They approved this. So I passed both Stage 1 and Stage 2 evaluations and completed the documents stage. This only happened after many follow ups to them to review the two accounts and let me know where I stand. Then I ask them to join these two accounts together as one. No all of a sudden, I violated the Copy Trade Rule. Both accounts have been disqualified for no proper reason.
After I passed the two evaluations, I bought another 100k Evaluation and just started with that. I wish I's rather went to another more expensive reputable Firm. I don't feel like completing this Evaluation even. Like the ones I'm already with.
I would stay well clear of these people. Their business model is probably just to make money off your purchases.
2 traders have found this review helpful
T
thfb1
seoul, Korea, Republic of,
Jul 7, 2021,
Registered user

It's terrible

Service use: Demo Length of use: 0-3 Months
This is worst ~

I passed 2 step and funded 200K~

After 7days~

I recieved e-mail
account is violated the rules regarding max lot exposure per instrument.

and my accout is closed

and I have nothing about

my profit($4800) and challenge fee($800) refund.

It's terrible~
2 traders have found this review helpful