Collective2Reviews of collective2.com

I have been working with collective2 service for over 5 years as a trade leader. I have observed (and am observing) many interesting trading strategies. Many of them have crashed. However, many of them continue to successfully generate profits. I am (and have been) in contact with many private investors who are (or have been) my subscribers (have followed my strategies). Based on this, I would like to say that the collective2 service is a very accurate reflection of everything that is happening in the private trading and investing industry. Most trading strategy crashes are due to trading leaders wanting to show impressive results to gain followers to their strategies. This leads to excessive risk taking. A big risk is followed by a crash. Most private investor capital crashes are due to their desire to make big profits in a short period of time. They subscribe to strategies that show big profits with big risk. What follows is a crash. But I also see a lot of private investors who put together a portfolio of many conservative strategies. So they have little risk in each strategy and overall a very stable profitable portfolio. The collective2 service is constantly developing strategy analysis tools for investors. With a little time it is possible to create a very profitable and flexible portfolio. Investors lose money due to their incompetence in the area of selecting risk-appropriate strategies. Choose strategies that have been around for a long time (at least 6 months and have enough trades to analyse - at least 200). And preferably the trading leader follows his own capital to his strategy.

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.

No responses to emails, bad user interface.

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.

Waste of time. There is no way you can make $ with 6500 margins unless your account size is 100000-150000 (which comes with an extra fee). Some brokers charge as low as 250-500 margins for Russell 2000 and SP. I trade myself with Tradovate super easy to average and normal platform with real time data. C2 on top of charging all these fees upon the fees not even providing fast platform and real time data. Not recommended, for investors with 10-20k equity its pennying or blowing up. For traders with 6,5k margins, its a waste of time, on top of the monthly fees, they take 50% cut.

I've been a customer on collective2 as a subscriber for about half a year before I decided to try being a trade leader also. I'm decently successful as a trader, so the thought of making extra money on top of trading sounded good! It worked out great. Everything is legit, I am paid for subscribers, and the collective2 system makes everything work.

Quick response to my questions - excited to contiue to use the platform

"Collective2 is on the cutting edge of facilitating and connecting both managers and investors here in USA. Since it is a highly regulated space and there are few brokers that facilitate this connection with full compliance, Collective2 is super picky and rightfully so with vetting and bringing on any brokers. I am pleased to inform all that C2 always looks out for both their managers and investors during unforeseen changes. In early May 2022 one popular US broker terminated their affiliation with C2 and it affected me greatly as manager of a strategy and with clients attached to my strategy. The customer care at C2 was expeditious, friendly and all my questions were answered to my concerns and C2 refunded me my costs for the new month that had just started and for the services I was now not going to be able to benefit from. C2 looks out for their clients! You are in good hands with them. Peace