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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(398)

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Rated 2 out of 5 stars

watching...

i want to buy account but im still watching.
more people are crying here

10 December 2023
Unprompted review
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Reply from Consummatetraders

Hello Jimoh
Thank you for your interest in trading with us. In as much as we would want you on our platform, we strongly advise you carry out your due diligence before trading with us.
Once again, thank you for showing interest

Rated 5 out of 5 stars

Reliable firm

Consummate Traders is a great prop firm, their rules are flexible and gives you an edge compared to other prop firms I have used. I got a funded account recently, the process was seamless and I am looking forward to my withdrawal 🥳🥳

29 November 2023
Unprompted review
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Reply from Consummatetraders

Thank you for your review and feedback

Rated 5 out of 5 stars

Consummate traders is the best prop…

Consummate traders is the best prop firm in Nigeria. I will always recommend them everywhere because I had a beautiful experience with them. Seamless customer experience and fast and best rate for withdrawal.

22 November 2023
Unprompted review
Rated 1 out of 5 stars

warning

you might be reading this review and thinking to yourself, maybe this guys experience was unique, or maybe it wont happen to you, it will.
it takes over 7 days for them to process a withdrawal, and you are required to trade all through that period imagine what that will do to a traders psychology, also there are hidden rules, almost 7,000 dollars of mine was denied payout due to something riduculous, lastly check their discord and see how terribly traders are treated there, with constant complains, if after all i have written has not changed your mind you probably deserve to be scammed by them, after all experience is the best teacher.

7 December 2023
Unprompted review
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Reply from Consummatetraders

Hi Victor
It was communicated that we had a slight challenge with our withdrawals and your withdrawal was eventually processed.
This is noted and we will make adjustment.
Thanks

Rated 3 out of 5 stars

Undesirable final Withdrawal sum

Consummate Traders is a very reliable Prop Firm.

This is my 3rd time of initiating a withdrawal. The thing is, since withdrawal in stated in BTC, the Dollar amount is usually way lower than what finally hits your account.

Classical Example: On the Website, I initiated a $424.09 withdrawal, I was told that I will receive $411.3673. Typing the BTC coin value on coingecko, it is around $380. This is the 3rd time, today's experience.

The first two withdrawals were the same experience.

This is NOT desirable.

I wish I can attach screenshots but it is fine. The Value to enter your wallet as stated on the website should be EXACTLY the same. This will help to instill confidence and trust on the brand.

Generally, the entire experience is satisfactory to an extent. This is a New Company and I am all out to support our Nigerian Brand.

Consummate Traders singlehandedly changed the face of Proprietary firms in the World and I am proud to be a part of this brand.

6 December 2023
Unprompted review
Rated 1 out of 5 stars

Consistency rule

After passing my phase 1 and 2 of a 50k challenge I received and email that I have violated the consistency rule I tried getting back to them but no response. How can you disable my account saying I violated a rule of which you didn't make it clear from the beginning that's like playing mind games not to even talk of the manipulations I faced especially in phase 2

5 December 2023
Unprompted review
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Reply from Consummatetraders

Hello
The consistency rule is well explained on our website and we expect every trader to comply with all our rules.
Sincere apologies if the disqualification of your account was not pleasing to you.

Rated 1 out of 5 stars

And for the third time

And for the third time. In response to you about contacting your support which I did about two weeks now. I still got nothing. No fee as you promised. Nor my payout is seen yet. Waited hours for support chat and once you see my account number you guys just bolted, block me faster than the speed of light. I'm not giving up my hard earned money I used to buy the $400k account nor the stress and time spent making the 5%. I have called out Jeffery, Habby and anyone I know is promoting you guys. I'm thinking of making a YouTube channel dedicated to this(and promoting the channel.as last resort tho). This is taking more than it's needed. I think you'll turn out fine since it's a local prop firm and won't fold up like MFF, but I couldn't be more wrong, it's worse

10 October 2023
Unprompted review
Rated 4 out of 5 stars

I am yet to join but i have questions…

I am yet to join but i have questions and i couldnt get the answers from your website. it seems the chat feature uses AI instead of a human.the instant lite account says 10% in the first two months then no target afterwards. is it 10% in each of the two months or 10% total for the two months?
and what happens if one doesnt make up to the 10%?

4 December 2023
Unprompted review
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Reply from Consummatetraders

Hello. Thank you for your question.
The express lite package is a one time evaluation account which means you are only expected to hit a 10% before getting funded. And the 2 months window is the window in which you must hit the target.
So this means if you don't hit the target within 2 months, the account will be disabled.
Also note that we have zero minimum trading days which means if you hit target within a day, you get funded instantly.
I hope I was able to answer your question

Rated 1 out of 5 stars

Terrible management & hoarding customers money

1 December 2023
Unprompted review
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Reply from Consummatetraders

Sincere apologies for any inconvenience you may have experienced. We kindly urge you to reach out to our customer support with the title "FROM TRUST PILOT" to get your issue resolved

Rated 5 out of 5 stars

Consummate Traders is a reputable…

Consummate Traders is a reputable company and my experience with them so far is good but not great.
As a Trader if you must choose consummate bear in mind that approving withdrawals always took them 7days or more.

Pls consummate management should try as much as possible to always approve withdrawals on time, delaying withdrawals is very very annoying and frustrating 😑.

Thank you.

27 November 2023
Unprompted review
Consummatetraders logo

Reply from Consummatetraders

Thank you for the great feedback

Rated 1 out of 5 stars

Consummate is too poor

Sadly from 2star to one star you guys don’t want to pay up my winnings it’s 2weeks now and this account is a biweekly account pending review for two weeks 😭😭😭😭😭

14 November 2023
Unprompted review
Consummatetraders logo

Reply from Consummatetraders

Sincere apologies for the experience. Kindly reach out to our customer support with the title FROM TRUST PILOT to better help us in handling your issue.

Rated 4 out of 5 stars

Consummate traders is a reputable prop…

Consummate traders is a reputable prop firm, my experience with them is good though my withdrawal was delayed but not too long I was a little bit worried because that is my first time using consummate and also I was given extra 147 dollar bonus.. Thank you

28 November 2023
Unprompted review
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Reply from Consummatetraders

Thank you for the feedback

Rated 1 out of 5 stars

My $25,000 account was wrongly disabled

My $25,000 account that I just started trading this past Monday was disabled like that. I got a mail stating that I had exceeded the maximum drawdown whereas I was only down
by 4% on this account. This is clearly dubious until proven otherwise.

I just woke up to find out that the commission was reading $2006 on the said account, and that's why it added up to the 4% drawdown I initially had on the account, leading to the maximum drawdown.

Please look at this critically because I have all the proof to buttress my point.

I started trading on this account on Monday the 20th, and since then till now I've only lost 4% on the account.

My account login is 10183384.

Kindly review this and restore my account, as I know that the fault is from your end and not mine.

Thanks

25 November 2023
Unprompted review
Rated 4 out of 5 stars

24/7 customer support

I almost labeled them as a scam platform because my complaint was not been resolved. But then, that was because I wasn't really onto a customer service agent willing to help. All thanks to customer service agent Wealth who eventually restored my confidence in consummate traders by ensuring prompt resolution of my complaint. Long live consummate traders

22 November 2023
Unprompted review
Consummatetraders logo

Reply from Consummatetraders

Thank you for the great feedback

Rated 1 out of 5 stars

Unfaithful/Irresponsiblity to payment agreement; bridge of payment agreement

Consummate traders company is recently having issues with payment which I really don't understand, it takes them less than 1mins to receive order of money deposited into their account but a whole 2days to respond to clients withdrawal, well I may not say I have issues with that because it was well spelt out in their payment rules, but where I am having problem with this firm/company that claims to be awarded the best global prop firm is that it's passed 2 solid days (48hrs) since I placed a withdrawal (15th of Nov, 2023) and I am yet to receive my payment. Why should consummate not keep up to their own part of agreement of payment, why should it take a global prop firm more than two days as agreed to pay out small funds. Why why why is all I am asking but the response I keep getting is "We are highly sorry for the inconvenience, we have a high influx of withdrawal order" What is that supposed to mean to me. I have been faithful to abiding by and to my own part of the companies business agreement but Consummate traders seems not to be responsible enough to keep to her own share of the agreement and promise, as it's passed 3days now and I haven't received my payment, thereby making me look very irresponsible to those I am also owing and have to settle their bills. I am well aware that when traders default in any of the rules and regulation, you don't pardon them but flag their account just to take in our money but it's time to pay the ones you claim to fund and are eligible to getting paid by you but this company is so unfaithful to paying as at when due. I am so sorry for this company as better days are coming and better prop firm that will possibly take you out of business are warming up and will work on you weakness of delayed payment.

17 November 2023
Unprompted review
Rated 1 out of 5 stars

I bought a 5k challenge and I was in…

I bought a 5k challenge and I was in more than 500 usd profit of running trades and they emailed me that I reached 6% daily drawdown while I'm in profit and few hours after my account was disabled I conducted their support and I was told to buy another account . I have 3yrs of trading but I never see such
I bought this synthetic account hoping to trade boom and crash and they later on told me that they don't offer these synthetic indesers uhhh scam

9 November 2023
Unprompted review
Consummatetraders logo

Reply from Consummatetraders

Hello Tafara
Sincere apologies but it is not a hidden information that we provide only synthetic pairs as offered by our partnering broker.
We have not at any point stated that we offer your mentioned synthetic pairs

Rated 1 out of 5 stars

SCAM PROP FIRM __STAY AWAY They are…

SCAM PROP FIRM __STAY AWAY They are always looking for excuses not to pay you.. I made profit and they will not pay.. Frequent changing of rules. High commission and slippage

3 November 2023
Unprompted review
Consummatetraders logo

Reply from Consummatetraders

Hi Samuel
We sincerely apologize for any inconvenience this may have caused but we also encourage you to read and understand our rules to avoid further disqualification

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