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.
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.
Matroid Evolved Quant
HKCollective2 should allow managers to increase the size of model account by rescaling. Collective2 should allow managers to increase the size of model account by rescaling. Otherwise, if the manager deposits money to his IB account, this will change the leverage ratio of the Collective 2 TOS strategy. Yet, Collective2 is an innovative financial platform. I really like it. Collective2 is not popular in my living place (Hong Kong). Hopefully, Collective2 can put more resources into promoting its own services.
Everett
GBBEGGING! for positive reviews. Matthew Kline sent out an email, since I have been a member a long time, asking for a positive review, since there have been so many negative ones lately. BIG MISTAKE!, as any hope for Collective 2 is long gone. Investors are left to "figure out" which strategy managers are legitimate. In truth, you will be HARD PRESSED to find a strategy manager that will not leave you asking, WHY???!!!! I know a few. Very few. In finding them, I've tripped over absolute amateurs, some bordering on Snake Oil Salesmen, some who've bought bots to re-sell, who've blown up multiple accounts only to resurface later under a different name, to burn someone else's money. There seems to be no oversite, no vetting process. Matthew Kline knows exactly why people are unhappy, and I believe he has the power to fix it. There are secondary chatrooms that have been created by members to help each other, because negative comments on C2 are deleted! You are on your own. Unless you REALLY know how to evaluate risk, stay away from this company. Just find an edge, work it out in SIM mode and manage your own money. C2 will allow you to waste money on 10,000 turds in your hopes of finding one decent strategy.
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.