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

All reviews

(398)

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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. I have no issues when withdrawing my funds and their support team is great. I rate it 4 stars because I believe there's always room for improvement.

30 October 2023
Unprompted review
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Reply from Consummatetraders

Thank you for your feedback

Rated 1 out of 5 stars

I have been seeing a lot of fraudulent…

I have been seeing a lot of fraudulent activities that this prop firm have been engaging in, especially with their consistency rule, they put the consistency rule in their FAQ and tag it as (funded account) but the rule also applies to evaluation phases, no clear definition of what the consistency rule is and if you violate it, they terminate your account immediately without any evidence, this is the result you get when you deal with of a Nigerian start up, eating off the back of its own people, what annoys me the most is the fact that habby and Jeffery (so called founders) have just been quiet. This organisation is creating new rules every day on how not to pay traders, Zero regulation and no one is talking about it

26 October 2023
Unprompted review
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Reply from Consummatetraders

Hello A concerned trader, this consistency rule was not in any way created against the traders but to help the traders manage the capital given to them effectively thereby managing risk.
If at anytime we discover you are gambling or don't oblige the rule, your account will be revoked.
Once again, sincere apologies

Rated 3 out of 5 stars

Bad broker

I prefer their previous broker Kwakol to fxlive, in one of my challenges, I passed the first level with Kwakol, the moment I entered the second level, I got a a message at the middle of the challenge that my broker has been changed from Kwakol to fxlive, I logged in with my new credentials only to find out the wide difference in spreads most especially in Gold which I mostly trade. That was how I lost that challenge. When I contacted their customer service, I was told that my claims were unfounded. Though I still use them, I believe they should change broker

5 August 2023
Unprompted review
Rated 3 out of 5 stars

My problem with consummate is that the…

My problem with consummate is that the commission is way too high, its not fair. I had a $5000 account which I lost due to the drawdown which is 12%, and 12% is $600 in reality I lost about $400 in losses and $165 in commission, which is not fair at all. You guys should do something about that please.

13 October 2023
Unprompted review
Rated 3 out of 5 stars

Great service

After so many questions I'm glad that an attendee provided one of the best consumer service,Thanks and Big up Samuel from consumate trades.

17 October 2023
Unprompted review
Rated 1 out of 5 stars

I just purchased a demo challenge…

I just purchased a demo challenge account with Consummatetraders pro-firm. I have nothing to say until I have experience, but I hope all the negative comments here aren't true. And I am skeptical now because FXLiveCapital LLC isn't a fully registered company. But I know the right authority to get them if they play with my account. Have gotten all the necessary information about #Consummatetraders #FXLiveCapital and the reason why they are using only #Meta4 and #Meta5, a little weird and shady.

14 October 2023
Unprompted review
Rated 1 out of 5 stars

CONSUMATE TRADER IS A BIG SCAM

My account was disabled suddenly when it hasn't reached 6% drawdown. And there is no record to trace trade history.ahhhhh I'm disappointed in these young Nigerians. I am off all their social media right away

13 October 2023
Unprompted review
Rated 1 out of 5 stars

Consummate traders is the worst and…

Consummate traders is the worst and most wicked prop firm in the world... Two trades I took on two consecutive days were closed automatically by consummate.

And the painful part was that they closed the two trades in losses.... Price wasn't even anywhere close to my sl these people just closed my trades, there by making me to have losses on my account.....and these two trades they closed got to my Tp levels 1:3 RR, they knew I would pass my challenge with any of those trades so they to close it in losses.

Secondly their manipulation is too much.... Now I understand what Jeff and Habby always say in some of their videos....they normally in a joking manner say things like follow or share, else we will hunt your SL..... But that statement is as serious as life itself.

They manipulate their system to take out traders from trades by hunting their stop loss... I was on a certain trade on AUDCHF i wont forget...... The manipulation of price movement on their chart and that of other brokers or propfirm and trading view was entirely different...... Consummate don't want u to pass ur challenge because they only make money when u loose..... Never trust consummate, never use them.... They are green snakes under a green grass..

22 September 2023
Unprompted review
Rated 1 out of 5 stars

Don't waste your money on these guys

I bought a synthetic accounts with them and the trading conditions I received were shocking. If you enter a trade be it power or moon, it won't spike for hours. The moment you close then somehow it starts spiking.
I once did an experiment with a fellow trader using my account were we entered a trade at 11am by 22pm there was no single spike the moment we closed it started spiking.
I made an official complaint to them and the response was that they will look into the matter and I never heard from them again.
I ended up losing the challenge which I know they wanted. So if you are reading this please run as far away as possible from these guys.

12 October 2023
Unprompted review
Rated 2 out of 5 stars

Please satisfy synthetic indicies traders

I love deriv forex broker for there best synthetic indicies, so can you try to partner with them

Can you try to increase and reduce higher prices on synthetic indicies accounts cause it seems you don't like synthetic indicies traders

11 October 2023
Unprompted review
Rated 5 out of 5 stars

"I've been trading with Consummate…

"I've been trading with Consummate Traders for a significant period, and I can confidently say that this company has exceeded my expectations in every aspect. From the moment I joined, their commitment to excellence in the world of trading was evident.
Their customer support team is exceptional, always responsive and eager to assist with any inquiries or issues I've had. The guidance and insights I've received from their experts have been invaluable in improving my trading strategies.
What truly sets Consummate Traders apart is their dedication to education. They provide a wealth of resources, webinars, and market analysis that have helped me stay informed and make more informed trading decisions.
The platform itself is user-friendly, making it easy to execute trades efficiently. Plus, their commitment to security and transparency has given me peace of mind in an industry where trust is paramount.
In summary, Consummate Traders is a company that truly lives up to its name. Their dedication to excellence, commitment to customers, and the quality of their services have made my trading journey both successful and enjoyable. I highly recommend them to traders of all levels."
cream Malos

7 October 2023
Unprompted review
Rated 5 out of 5 stars

Consummate Traders is the best Prop…firm in the World

Consummate Traders is the best Prop firm in Africa, their services and prompt resolution to client's complaint is second to none.

At first I didn't believe but having my first withdrawals paid within 48hours confirmed that they stand by their words. Thank you Consummate for the refund of my purchasing fee and the 15% profit from the evaluation phases, both are well received as at when due.

Together we will achieve great things.

7 October 2023
Unprompted review
Consummatetraders logo

Reply from Consummatetraders

Thank you for your feedback!!!!

Rated 5 out of 5 stars

The prop firm in Africa

Consumate traders is the future well at first i was a bit skeptical beacuse their rewards were too good to be true but i just follwed my guts and guess what they gave out everything that they promised received my first payout exatly within 24hrs. if you want to take your trading level to the next you are on the right track.

29 September 2023
Unprompted review
Consummatetraders logo

Reply from Consummatetraders

Great feedback. Thank you so much!!!

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