Facebook Twitter
Now With Over 23,000 Reviews!
Sign up now

Mastertrader.com

www.mastertrader.com..
Category: Brokers
Mastertrader.com is a premier, direct access, low commission, online trading firm that caters to individuals and institutions both here in the U.S. and around the world. We provide exceptional customer service and superior trading platforms for all levels of self-directed traders and investors. Through our advanced, cutting-edge trading platforms - RealTick Pro®, MTDirect Pro® and MTDirect® - our diverse international clientele can execute trades in stocks, options, and futures in all markets - in one account, all on one platform.
Filter reviews by
Page:   1
Displaying 1-4 of 4 Total Reviews
The best broker and the best value!!
I have nothing but great things to say about this relatively small and unknown broker. Their sister company, Pristine.com, is also unbelieable. I have gotten all of my education through Pristine and am currently getting discounted commisions until the "Trading the Pristine Method" seminar is paid for. Like most people I researched around and researched Pristine and Mastertrader for months prior to finally purchasing Pristines flagship seminar "Trading the Pristine Method". This seminar is amazing!! If you are serious about getting an education and serious about becoming a professional trader this seminar is a must!!!! Do yourself a favor and get your education from Pristine and use Mastertrader as your broker.

I literally and honestly can't find one bad thing to say about Mastertrader and Pristine! I tried TDAmeritrade, TradeKing, and Fidelity and they don't even compare if you want direct access trading.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
0 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



Mastertrader = Pristine = TeamTrading = Velez = SHAM
Have you heard of TeamTrading? How they just shut down and took all their client's money and screwed them out of EVERYTHING? Search for TeamTrading or Velez Capital Management on this site. AVOID. Why are you using Mastertrader? Did you realize Pristine is a giant sham?

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



The software fees killed it for me
The customer service was great. The phone is answered by a real person, not a machine. The people who work there are very knowledgeable, not like Zecco where they are brain-dead.

The executions are great, but the platform itself isn't. Compared to IB or TOS it would be a downgrade, but compared to Sogo or Zecco it would be an improvement. The biggest issue I had with their software is that you can only have two lower studies at one time on the charts. That isn't enough for me, though their choice of studies and options to customize them is very good. However, what good does it do to have a ton of studies when you can't use them because you hit the 2 study limit?

The software is Realtick, and it looked like it was from the 90s or something, very bare bones and an eyesore compared to TOS or IB. That alone wouldn't be a huge problem, but the 250 dollar software fees killed me. I didn't make enough trades to get it for free and I couldn't justify paying 250 a month for sub-par software. It might have been cutting edge 10 years ago, but there is better stuff out there for free.

After deciding that the software fees were too much, before switching brokers, I downgraded to one of their lesser platforms and it was impossible for active traders because it didn't update in real time and was extremely limited. It was even harder to use than Zecco.

The commissions are on a sliding scale, so I can't really recommend or discourage this broker from anyone based on that alone, because it depends on how much you trade.

Overall, I can't recommend them because the customer service alone is not enough to compensate for how expensive and outdated their software is.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
3 of 4 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



good support
They have a quick trading platform and great support for a discount broker. Overall for how low their commissions are I am impressed with the platform and support.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Customer Service
Value



Page:   1
Displaying 1-4 of 4 Total Reviews
Recommended For
 
Investimonials Sponsors
 
Similar Products to Review
 
Featured Investing Products
  
  
  
  
  
  
  
  
 
Users of Mastertrader.com