tradier.com

Tradier stole my money

I joined Tradier back in January, after having issues with other brokerages, hoping to find more reliable and suitable broker. Unfortunately the complete opposite occurred. I live in Ireland, so my choice of option brokers is somewhat limited. I transferred a relatively small amount of $500 from another brokerage to Tradier. The first massive red flag was that they require $100k to trade index options. Which is crazy, as these are cash settled and entail less risk than stock and ETF options. Indexes are my primary option trades. So I began trading spread strategies on underlying stocks such as Google, Amazon, Spy etc. I experienced FREQUENT early assignment with these trades on the Tradier platform. Ok. Early assignment can happen with any American style options at any time. It can even be profitable if done correctly. The problem was, Tradier would not allow me to manage these assignments on my own. My account would enter a margin call when assigned, however, when I attempted to close the long call/put and stock position using a limit order, Tradier's risk team would cancel it immediately before market open(assignment happens overnight) and replace it with a covered stock position at THEIR chosen price, causing me to incur a loss. In fact, most times after assignment, the stock had gone in a favourable position, so my account was displaying a profit. I could not achieve it however as Tradier would simply neutralize the assigned position with the covered order. When I mentioned this to them, they stated it is their responsibility to protect the firms risk, not to analyze for client profit opportunities. This was calculated on their part. Not about risk at all. Also, when I did receive a fill on any position I opened, I could never get a fill to exit the trade. No matter what the mid price was at the time. Tradier then restricted my account, citing a large margin interest balance of $210, and worries of the account going negative from future trades incurring interest. They said they would only lift the restriction if I deposited another $500 to my account. As if that was going to happen. Tradier also charges a $9 per leg assignment fee. So my account was totally wiped out from assignment fees and margin interest, despite my trades being profitable both before and after assignment. But they ensured I took a loss because they took over my account and controlled what prices my trades filled at. Never in my favour. I have filed a complaint with FINRA. I also requested Tradier to wave the $75 international wire fee, in light of my dissatisfaction, however they have refused to do this. My account has the sum total of $91 remaining. I am furious and extremely frustrated at my entire experience with this so called brokerage. I do not and would NEVER recommend any person to sign up to Tradier. Do not risk your hard earned money with these crooks. They will ensure you lose it all!!!

Date of experience: Feb 04, 2026