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500.trade
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500.tradeReviews 33

3.3
500.trade

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500.trade Reviews Summary

500.trade has a rating of 3.3 stars from 33 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with 500.trade most frequently mention account manager and customer service. 500.trade ranks 867th among Investing sites.

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Australia
1 review
1 helpful vote
Follow christian o.
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I got scammed by this broker over $8400 and They keep asking for more money that i will get all back once am due to withdraw which I was unable to get back my funds but I was able to retrieve back my funds through the assist of INTER*L*I*N*K*SEC they did a fantastic job if you're in the same condition as me check them out.

Date of experience: January 8, 2024
Australia
1 review
0 helpful votes
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Don't go near them
February 15, 2023

If I won a billion dollars I wouldn't invest any money with this company. Michael Melon does not listen to what you want and talks in billions... Huge amounts of pressure constantly for more money. If they spot you any money you cannot take it out of what you have made trading, no they want you to transfer more money. I lost a lot of money. Stay away from them.

Date of experience: February 15, 2023
GB
1 review
0 helpful votes
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I first invested with 500. Trade in Dec 2020, it was with a small part of my redundancy money, I worked with Andy Klein, Daniel Rothschild & James Pearson.

In the four months I invested three and half thousands and it was going ok, then Andy Klein wanted me to invest my last Four thousand in a 'Golden Opportunity' I said 'No' several times, it said it could not go wrong as it was the quarterly results and the money would be back in my account the following week!

Against my better judgement I transferred the money over and they lied and invested it all in Bitcoin which was the week Bitcoin went crashing down due to Ellon Musk saying it was over priced!

A man from 500. Trade phone me to say you are going to lose all your investment as your investment is crashing, I explained I had not agreed to them investing all my money in such a volatile share and they had all my money, he screamed put it on your credit card! I went cold and felt sick and just said 'No'

They have taken all my redundancy money Seven thousand five hundred pounds. I have tried to get my money back, send e mails phone calls and to no avail.

Please please do not trust this company they are scammers.

They even asked about my pension!

Date of experience: October 3, 2022
GB
1 review
1 helpful vote
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Appalling Service
October 6, 2021

At first this organisation offered a service where they were in contact regularly. Once I decided to get my investment out, albeit small as I was testing the service, I have found it impossible for my funds to be released. One of the managers told me the investment had been returned to my bank however, my bank never received the funds. 11 months on and 500. Trade stopped responding to my emails asking for them to help. I am appalled that this organisation is not willing to sort this out and return my investment.

Date of experience: October 6, 2021
Australia
1 review
1 helpful vote
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Scam
September 18, 2021

I got forced to write a good review earlier and been told that you will receive a bonus. There bonus is a catch so be careful. When you deposit cash they give you bonus and that bonus effect on your withdrawal. Please read there fine print before you deal with this company.

Date of experience: September 18, 2021
GB
1 review
5 helpful votes
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Most disappointing
March 2, 2021

Response from support and billing at 500 Trade is shocking, as in most cases no response at all. The account managers themselves get back to you, but support behind them seems non existent.

Date of experience: March 2, 2021
GB
1 review
0 helpful votes
Follow John W.
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My previous review was critical of 500. Trade and 2 of their traders Daniel Rothschild and Andy Klein, with views of my own that came from mis-information I had sourced from a 3rd Party and misunderstanding of information I had read.

Since publishing that review, I have engaged with Daniel numerous times and he has exhibited a very pro-active approach to understanding my concerns. Being a newbie trader, there are a lot of things I don't know and this fostered the uncertainty with where my account was heading. Daniel has showed that he is passionate about what he does and wants all traders to succeed and I believe that our discussions over the last few days have gone a very long way to changing my perceptions about 500. Trade. His determination to change my viewpoint ha been time well spent this week and I am both extremely grateful for this and on reflection I am apologetic to him, Andy and 500. Trade.

On the basis alone of the time taken to discuss my earlier review in a professional manner has led me to want to develop my relationship with 500. Trade. The moral of this story most certainly is that if you don't understand something, ask them directly to explain it rather than take someone else's comments and come to the wrong conclusions.

Please take the comments about 500. Trade from this review rather than my previous one.

Date of experience: January 20, 2021
GB
1 review
0 helpful votes
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Excellent Experience
December 14, 2020

Was recommended 500 Trade about four months ago, the training and the advice over this period has been excellent. I have been dealing with two of the companies traders who are both informative and very knowledgeable, giving me daily information, training and trade options. From someone who has been involved in the markets on and off my knowledge has grown and I feel very comfortable with the service. 500 Trade has been efficient and extremely professional.

Date of experience: December 14, 2020
Australia
1 review
3 helpful votes
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Things initially went okay until I needed some funds then it was difficult as there were many reasons why this could not be done. So their expertise ended up with a 95% loss. Avoid at all costs literally.

Date of experience: December 10, 2020
GB
1 review
0 helpful votes
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Signing up with trade 500 just only a month ago with absolute no knowledge of trading whatsever but with the intention of perhaps investing any spare money i have in the future to put in to hopefully make a little back. Even only being on 500 trade a month im finding everyday im learning more and more and becoming more confident about the future prospects with trading. This is all down too the expert advice and training daily from the team over at 500 trade the guidance and knowledge from their employees like daniel rothschild is absolute priceless he not only knows his stuff about the trading etc. but also has the professionalism and patience with even new comers like me also. With employess like daniel rothschild being there with expert advice and always there to ask any question if you are unsure about anything definately gives you a good feeling about the future on here and i feel in time that i can invest more into trading soon as i can. Without the likes of daniel rothschild over at 500 trade io would have never have thought that it could be achievable. I have no dobu without his vast experience and knowhow that it would be not possible. Daniel rothschild all round approach and knowhow gives most definately a brighter outlook for the future. As soon as it is possible for me i will be investing as much as i can in the near future definately.

Date of experience: December 8, 2020
GB
1 review
1 helpful vote
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Daniel Rothschild
December 9, 2020

I was very new to this hands on trading and a little apprehensive at first. I have been lucky to find a responsible trading company in 500T. Especial thanks goes to my account support manager Daniel Rothschild, who has been very patient and kind. He along with his team have guided me through the process, which was daunting at first to where I am 3 months later, still having tons to learn, but very happy with the results from my trades so far. I've had very many more investment gains than losses and am very happy with this company, long may it bring it's investors success.

Date of experience: December 8, 2020
Australia
1 review
1 helpful vote
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Daniel Rothschild
December 8, 2020

I am very impressed with the service I have received from Daniel Rothschild at every step he has taken the time to explain everything to me how it works and what he is able to do for me and he is very much making me involved in the whole process II have certainly been learning a lot and feel that he has the most amazing knowledge and experience in what he does.

Date of experience: December 8, 2020
GB
2 reviews
1 helpful vote
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FIRST EXPERIENCE.
December 8, 2020

I have never thought about having someone look after my money other than the Banks, to my good fortune i have trusted 500 Trade for a month now. This is with the expert help of 2 gentleman easy to talk to, first there was Daniel Rothschild who did the ground work, i was then introduced to Daniel Klein (cant praise him enough) who has been my mentor on educating me on my finances, the big Plus is what i have gained financially and people who are pleasant to talk too.

Date of experience: December 7, 2020
GB
1 review
0 helpful votes
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Daniel Rothschild
December 8, 2020

89% trades in profit. I have learnt so much with my broker Daniel Rothschild and his team. New opportunities with stocks commodities and crypto currencies are shared via a phone call. With their guidance and expertise both my account and my personal expertise has greatly improved. Highly recommend 500 Trades.

Date of experience: December 7, 2020
Australia
1 review
0 helpful votes
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Outstanding Service
December 4, 2020

I began trading with 500 about 3 months ago. We slowly built my account up to a decent amount to start trading more seriously, then I got greedy and opened a large trade by myself. Obviously on my own the trade failed and almost wiped out my account. I couldn't believe it when my account manager rang me and spoke to me about wanting to help me build my account back up, and start making money again. I thought that because of my mistake I would've lost his support.
But Michael really wanted to help me even though my account was only a small one.
I can't praise the customer support enough.
Thanks so much Michael, here's looking forward to a much better and profitable future.

Date of experience: December 3, 2020
Australia
1 review
1 helpful vote
Follow Darleen O.
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I am very new to stock trading and my knowledge is zilch. The support I have received from 500. Trade and my account manager Daniel Rothschild has been outstanding. He is polite, trustworthy, patient and funny and continues to guide and encourage me to have a go. I have had some positive outcomes, earning some good returns and have had some losses. Daniel puts my mind at ease with every doubt or insecurity and answers any questions with simplicity. This is a super awesome learning platform and I highly recommend this company to everyone new to stock trading.

Date of experience: December 3, 2020
Australia
1 review
3 helpful votes
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I am having a positive outcome from 500. Trade as i was very new to stock trading and i have none to little knowledge but account manager from this company specially Mr. John Hofmann who is looking after me and guide me every step of the way. I fault at all. Everyone should invest with this company they will help you till you get success.

Date of experience: October 7, 2020
District of Columbia
1 review
0 helpful votes
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Excellent attention
September 10, 2020

Excellent attention, I love so much the support staff, they always gives you a great attention, so politely and so patient with every doubt or problem u have, really a great experience in every case.

Date of experience: September 9, 2020
Massachusetts
1 review
0 helpful votes
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Thank you!
September 7, 2020

Thank you 500 Trade for being the best broker a person could ask for. You're the best and being celebrated. Thank you thank you and thank you

Date of experience: September 6, 2020
Australia
1 review
1 helpful vote
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Quick cash out
August 12, 2020

I asked 500. Trade for money out and they made immediate transfer to me, very good great response, I recommend this company

Date of experience: August 10, 2020