Misleading historical charts
This a fraud. The charts are meant to show what your money would turn into if you invested 10k in the past. But in reality the buy and sell orders never get filled at lower prices than the chart suggests and you will consistently under perform or even lose more and more money compared to what the line chart suggests.
Please save yourself.
Please save yourself.
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Response from developer
Hi there! We’re sorry to hear about your experience. The chart displays hypothetical historical performance and is intended for informational purposes only. It does not represent actual investment results or guarantee that trades would have been executed at the prices shown. If you have any further questions we encourage you to please contact our support team so we can review your specific account and trades. Best!
Interesting Concept the App is poorly developed.
I like the concept. This review is more about the app than the idea. The login takes forever and often times out. There doesn’t seem to be any documentation or knowledge base. They reference sharpe ratio or calmer ratio but don’t seem to show definitions or formulas. The Home Screen is lacking, you get a chart of your investment and that’s it. Look at other brokerage apps and get a little inspiration.
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Response from developer
Hey there! We're really sorry to hear you've had a bad experience with the app. Would you mind reaching out to our team and sharing more details about your experience? We'd be glad to assist further. You can email us at help@composer.trade
Avoid - skips trades routinely
Traded less than 10 times over the course of a month after transferring $30k into it. 2 times composer did not execute the change in the next change window (which is already a lag since it only happens at the end of the day). It cost me $100s. The lack of control you have over trade timing is genuinely concerning. Support is terrible and took days to reply after confirming they skipped trades. I immediately liquidated my funds and transferred out. I recommend you stay away. Too many other options out there to deal with this trash.
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Casual investor
I don’t gamble often but when I do it’s poker not day trading. (More fun). Composer offers a place for me where I (the casual long investor) can do copycat or easily utilize AI with my own parameters, instead of institutional research departments and the fees associated with managed accounts. I m trying it for a bit to see how it goes. Lots of etf going on by AI here.
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Overall very nice app
Easy to signup and onboard. Pretty simple to use and already up money 👍. Very trustworthy now that they are affiliated with SoFi
