Consummatetraders Reviews 

398
TrustScore 2.5 out of 5

2.7

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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 Services

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

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2.7

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Rated 1 out of 5 stars

A Disheartening Turn of Events

My experience with Consummate Traders began with high expectations and enthusiasm, as I was seriously considering joining their platform. However, a recent development has left me feeling hesitant and disappointed. The two co-founders, whom I had admired and looked up to for their expertise and leadership, have unexpectedly resigned from the firm.

This sudden departure has significantly impacted my trust in Consummate Traders. The lack of transparency surrounding the resignations has only added to the uncertainty. As of now, no official statement or clarification has been provided by the prop firm regarding why the co-founders chose to step down.

The absence of information regarding the circumstances behind their resignation is disconcerting. As someone who was on the verge of becoming a part of the Consummate Traders community, I believe it's crucial for the company to address this issue openly. The community deserves to know what led to such a significant change in leadership and what implications, if any, it may have on the firm's operations and values.

The co-founders played a pivotal role in establishing trust and credibility for Consummate Traders, and their sudden departure has left a void that needs to be filled with transparency and open communication. In order to maintain the trust of potential and existing members, it is essential for the prop firm to provide a clear and honest account of the circumstances surrounding the resignations.

29 December 2023
Unprompted review
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Reply from Consummatetraders

Hi Chrisantus
Consummate Traders is here to serve all traders and we will ensure to do all in power to stay true to our vision and mission.
The departure of two of our brand ambassador should not in anyway make you lose confidence in the brand.
We are looking forward to having you trade with us.
Thank you

Rated 5 out of 5 stars

Best so far

I’m writing this review in the hopes that I can help other traders make the right decision when it comes to prop trading. I’ve used so many prop firms including mff and and others but as a trader that pay attention to details I am able to identify when a prop firm is out to make traders fail. Consummate is the first prop firm that I was able to pass my challenge seamlessly and I got paid fast last year August, they started having withdrawals issues but even with the delay I have been able to withdraw 6 times with them now, this shows that there’s zero manipulation of trades on their end, I took the same trades on some other props and lost challenges due to slippage and manipulation but I’ve never experienced that with consummate, I can’t say their service is a 100% now because of the withdrawals delays I’ve been experiencing, but I can vouch that they are a very good prop because so far consummate is the only prop firm that has paid me consistently for 6 months. Traders if you’re failing prop challenges, try to pay attention to the small details of your trade because the prop may be manipulating you into a losing streak. Thank you consummate, I hope you guys fix the withdrawals and there will be nothing to complain about

10 January 2024
Unprompted review
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Reply from Consummatetraders

Thank you so much for your honest feedback

Rated 3 out of 5 stars

@consummatetrade

@consummatetrade

Your customer care service is so bad, been sending mails and no response till day. was clearly stated on the website the payment will be process at the end of the first month of trading live and i email for update and up till now no response and my funds have not been on the account cant make withdrawer , mutilple message on instagram also no response.... please work on ur customer service because it is going to help you grown

3 January 2024
Unprompted review
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Reply from Consummatetraders

Hello Joshua
We have received your complaints and your account has been checked. Your next withdrawal date is displayed on your account dashboard.
And from what we checked, it is on the 12th of this month.
Once again, sincere apologies for your experience with our customer service

Rated 1 out of 5 stars

I am highly disappointed

I am highly disappointed. Habby known as @HabbyforexAcademy and Jeffery Benson Known as @JeffreyBenson on YouTube. I trusted and respected these guys a lot until I fell victim to their prop firm consummatetraders.com scam. I made a transfer through my company account to deposit funds on my consummate wallet on 20/12/2023. They canceled my deposit the next day and refused to refund my money back to my account. It is 9 days now. I have sent several messages to them, but I didn't get any answer. They claim to be rich and made wealth through forex trading, but stole from struggling people like us, who try to invest in forex trading. I will continue to escalate this issue to every authority, both local and international.

Update 1: To prove that this is a pure scam. I followed the instructions written here by the responder and I decided to register another consummate profile with my company information. Just to see if I can receive my money through the said P2P. When I tried to send P2P or withdraw from both consummate profiles, a message popped up that I must complete the KYC before I could use the P2P or withdraw from my consummate profile. Now tell me, how do you expect a single person to have a double identity card to complete both KYC processes? This ended up being a waste of my time because they have programmed their platform to steal your money, hold your money, and never be released to you. Consummatetrader.com is a trap to steal your money. I will continue to escalate this issue until my money is refunded.

UPDATE 2: I have sent several messages to you via email in the past without a response. Why don't you start by providing a valid email to reach you? Then I will send my email to you. At least let everyone see which of your email is truly active.

UPDATE 3: Still no response since yesterday.
Fingers crossed. Waiting for a valid email from you. At least a good prop firm should have valid contact information to communicate with their clients.

UPDATE 4: If you are truly ready to refund my money. You will tell me a valid way to contact you. You are asking for my email here when you know that Trustpilot does not allow pasting emails on review. How do you run a prop firm where customers do not have a medium to contact you? Who does that?

UPDATE 5:
Habbyfx and Jeffery Benson. The founder of consummatetrader.com. They are using the prop firm to steal money from customers. Most of the 5-star reviews you see here are people paid to write positive stories. They stole my money and are still unable to refund me. Beware, guys. I am also working with some Guys to escalate this issue in a bigger way. Until then, I will advise everyone to avoid their scam prop firm. The news will be everywhere soon.

UPDATE: Guys be careful. These guys are scammers. Do not trust all the fake positive reviews. They are paid to do it. Consummatetrader.com will scam you with your money. They are still holding my money and they have blocked my access to their platform. Scammers. Avoid them.

20 December 2023
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Reply from Consummatetraders

Hi Samuel
But it is boldly stated on the deposit section that we don't process third party payment and this is due to security measure.
The only thing that can be done now is for you to create an account with the name of the sender details and reupload payment receipt. You can then do a p2p transaction to your personal account

Kindly provide your email to help facilitate this transaction
Update - Kindly note that we receive several emails daily. It will make our work easier in resolving your complaints if you provide your email
Thank you

Rated 1 out of 5 stars

Inaccurate withdrawal amount

Requested for a withdrawal of $103 but only received $71

25 December 2023
Unprompted review
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Reply from Consummatetraders

Hello Irfan.
This is entirely not true. Kindly note that with the current congestion on bitcoin network, we don't determine the gas fee for each transaction.
This is entirely a false claim.
We encourage to use USDT or LTC in your next withdrawal

Rated 5 out of 5 stars

Payout received

Payout received

But the days for approved payout should be well outlined

Minimum - maximum days

Indeed your mantra We fund, you trade ,we pay is VALID

THANK YOU CONSUMMATE TRADERS!

21 December 2023
Unprompted review
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Reply from Consummatetraders

Thank you for your feedback

Rated 1 out of 5 stars

They disabled my funded account of 100k…

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... then offered me a 15% discount upon next account purchase 😂... like I'm supposed to trust that you won't just create another rule somewhere and flag me for violations again? Lol... please guys just trade your own funds propfirms are here to make trading harder 🤷🏽‍♂️🤷🏽‍♂️🤷🏽‍♂️

4 December 2023
Unprompted review
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Reply from Consummatetraders

Hello Fit signature
These rules are clearly stated on our website and we sincerely apologise for any inconvenience this may have caused. You can reach out to our support for an account reset

Rated 1 out of 5 stars

Thinking to buy the 5k account or not

Well, I just want to buy a 5k account to test run consummate trades, but with the review is just making me to have a pullback though i have funded my account.

17 December 2023
Unprompted review
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Reply from Consummatetraders

Hello Opeyemi.
We strongly appreciate your feedback but we will advise you do your research and make your perfect decision.

Rated 5 out of 5 stars

Drawdown system

One of the best prop firm from Africa. You guys are doing a great job. Good drawdown system

12 December 2023
Unprompted review
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Reply from Consummatetraders

Thank you for your feedback

Rated 5 out of 5 stars

Good customer support

Their customer agent Emmanuel was able to help resolve my complaints within the specified time. Thank you also for the Christmas discount.

7 December 2023
Unprompted review
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Reply from Consummatetraders

Thank you for your feedback

Rated 5 out of 5 stars

Great drawdown

I experienced a flawless operation with them. Good drawdown and great support from Tomi

12 December 2023
Unprompted review
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Reply from Consummatetraders

Thank you for your feedback

Rated 5 out of 5 stars

Great Christmas discount and Customer support.

Santa really came early for Traders at Consummate. I used the 40% discount to purchase a 10k Evaluation challenge. The Customer support is also encouraging as the agents responded to every question I asked before I bought the account. I highly recommend Consummate Traders.

13 December 2023
Unprompted review
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Reply from Consummatetraders

Thank you for your feedback

Rated 1 out of 5 stars

This company is a scam

This company is a scam! increasing swap and commission to make sure you hit the 6% daily loss. They disabled my account that was already in profit. stay Away! Jeffrey Bnson should do something before it affects his reputation

12 December 2023
Unprompted review
Rated 5 out of 5 stars

I got Discounted prices on 10k+…

I got Discounted prices on 10k+ accounts. Unreal! Also as an Affiliate they give you bonuses that you can withdraw! Overall satisfactory experience

15 September 2023
Unprompted review
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Reply from Consummatetraders

Thank you for the feedback!!!

Rated 2 out of 5 stars

No To Consistency Rule

Everything good except the consistency rule......I hope Jeff gets to see this and do something about it.

11 December 2023
Unprompted review
Consummatetraders logo

Reply from Consummatetraders

Hi Osi
The consistency rule was implemented to help both the traders and the company in a bid to mitigate risk.
Be rest assured that this is in the interest of the traders also

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