Collective2

228 Park Ave S #93926, 10003-1502, New York, United States
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3.30
Based on 20 Reviews

5

40.00%

4

15.00%

3

10.00%

2

5.00%

1

30.00%
About Collective2

The world's first Distributed Hedge Fund Our modest goal: replace the entire hedge-fund industry with one beautiful software platform. How it works • We scour the world for undiscovered traders, quants, and algo developers. • We track their results and post public track records. • We calculate statistics and performance results on a go-forward basis. (We don't simply let traders post their own "backtest results.") • When you find a strategy you like, you can AutoTrade it — that is, you can replicate trades in your own personal brokerage account. Why C2 is better than a hedge fund • Your money stays in your account at all times. • You can start and stop trading at any time. • You pick the strategies to replicate in your account. • You can mix strategies together. What you should know about Collective2 • Collective2 has been in business for over 20 years. • We are a New-York based company, regulated in the United States. • No one can guarantee trading profits. You may lose money. But we can guarantee transparency, reporting accuracy, and doing right for you. Find Out More

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javesoft
GB

Waste of time 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.

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Jan Tynovsky
CZ

I enjoy C2 very much I enjoy C2 very much. The communication with the customer service was always fast, they are kind and efficient. I first heard of C2 and visited its web about 10 years ago when starting to trade on my own.... Having bad experience with eTorro at that time, I was very suspicious. When seing one had to pay for the trading strategies I lost my interest :-). Pity, now I consider it a big mistake. I gave it proper look about a year ago and I've never looked back since. It took me a few months to identify good strategies. There are also some nice looking strategies where the good results are more likely due to "beginners luck". Shortly after subscribing I suffered some serious losses... :-) Not a joke - one can easily lose a lot of money but one can also gain some. :-) So I cannot stress enough to start slowly and small, be carefull and have some basic knowledge about the markets before starting as the potential lossed can sometimes also exceed the available account balance. Now I feel gratefull for the opportunity and use C2 strategies as diversification to my own trading.

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Vaibhav Parnalia
GB

Terrible 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.

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JENS Weisßflog
DE

I trade C2 with auto trading I trade C2 with auto trading. Its working good since 4 months now. The Equity curves are true and a good mirror of my own IB account. I have found some very good stock strategies to follow with auto trading. I think there is no other company which offeres to trade unleveraged stocks in your own account with very low commissions. 100 stocks cost 1$ per order. For all new EU People: -you need an C2 Gateway (IB) Account for automated trading -day trading strategies of US stocks is only possible above 25k $ -US ETFs like TQQQ, SPY, GLD, QQQ can not be bought by EU people :0 ( -Options of ETFs can be bought but not executed just in cash? -So please find stocks only strategies excluding US ETFs or with a low amount inside this strategy

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Customer
GB

Just 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.

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