Vaibhav Parnalia
GBTerrible support and overpriced. They have issues with TOS, market data. In a recent incident, they randomly closed a position, did not revert for 2 days and later said "we apologize for the issue". Sir, the position was closed on a rally day at the bottom after waiting for many days. Their technical issues have affected my strategy. 1. My position was closed prematurely on C2 (and at loss on IBKR). 2. I could not get assistance on time 3. I was not able to reopen the closed position (due to no random leverage logic) 4. I had to purchase more shares on my IBKR violating the Trade your own strategy terms. My strategy has 55% YTD return at $40/month but there are no organic subs. C2 doesn't have enough subs and their high cost combined with technical issues and lack of support is not worth the price to pay.
Customer
GBJust data extractors, barely any real customers Margins that make no sense just like other reviewer put. For high speed speculation, we use day trading margins not swing (initial margins). No way to adjust it. I think on their website, margin page they say SP is 6000, but when you begin adding it becomes 12000 margin. Barely any users. Feels like mostly just HFT firms using it to collect the data using free simulations or "broke customers" who thinks that with 500 they could get Tim Sykes super novas and get a lamborghini. Lots of fees and barely any benefit. No recommended. Funny they talk about super stars traders in response to comments. No kidding but with 14000 initial margins only fools would trade unless accounts loaded with 3mln equity lol the idea from c2 is to collect fees on resets while billing monthly fees. Interface is so bad. That it takes forever to place trades quickly. No real time data. Makes me wonder who developed all this dinosaur... and yet they expect to get paid "investors" where so called managers operate w 10min delay data and their Interface.. 1-1.5sec to place trades with stops vs 8 Seconds and let's say we are trading nasdaq shorting on breakout fail. By the time you type stop order and if it does actually break out... it's a complete mess.
Ram P.
GBCollective2 is a gamer changer for retail traders… Collective2 has changed the way I trade. I am wondering why I didn’t know about them earlier. They are a game changer…. I would like to see the following improvements: 1. Flexibility in switching subscription plans instead of charging immediately when we upgrade. 2. Stop loss based on percentage vs only $. 3. Provide user’s portfolio level metrics like they do for each strategy especially returns, sharpe ratio, max draw down, profit factor, etc.
Fares Hajjar
GBThey Don't Want You to Have Much Information I seriously considered the product and wanted to check it out. Spent hours--many hours-- researching the different trading systems and what they offered. All this time and effort culminated in making a simulated portfolio which I, at first, thought was a helpful feature. Without warning the entire thing was deleted after 60 days. When, in panic, I asked what happened I got the dry response that "simulated portfolios are automatically deleted after 60 days."Now I realize... yes, of course they are. This borders on fraud because it keeps anyone from being able to make a careful assessment of the long term performance of any of the trading programs. I now realize that this is actually the point of the auto delete. They prefer a customer to put tens of thousands of dollars at risk with only minimal information. I am no longer interested in Collective2. I immediately deleted my account.
Brady
GBSolid Idea/Platform, Greedy Fees Solid Idea, but greedy on fee's. They charge the strategy manger and auto trader monthly sub fees which makes sense.. But than will take 40-50% of the subscription fees... Crazy Not hard to figure out why trading talent in strat managers is slim on the site. Not worth it when they take half the bacon. I would think they would want to pay trading talent so they have more people sign up for autotrading... But what do I know.