FX Global Markets (FXGM) Review: General info & Notes
| General Information |
|
|---|---|
| Broker Name: | FX Global Markets |
| Broker Type: | Forex Broker |
| Country: | Cyprus |
| Operating since year: | 2011 |
| Regulation: | CySEC, FSCA |
| Address: | 14 Charalambou Mouskou, 2014 Strovolos, Nicosia, Cyprus |
| Broker status: | Unregulated |
| Customer Service | |
| Phone: | +357 22 300 500; |
| Fax: | +357 22 766 333; |
| Email: | info@fxgm.eu customer.service@fxgm.eu customer.service@fxgm.eu |
| Languages: | English, Finnish, French, German, Italian, Polish, Spanish, Swedish. |
| Availability: | : Monday to Friday. 07:00-19:00 GMT |
| Trading | |
| Trading Platforms: | Proprietary |
| Trading platform(s) timezone: | GMT +2 |
| Demo Account: | Yes |
| Mobile trading: | N/A |
| Web based trading: | N/A |
| Bonuses: | NO |
| Other trading instruments: | NO |
| Account | |
| Minimum deposit ($) | $200 |
| Maximal leverage (1:?) | 1:200 |
| Spread | YES |
| Scalping allowed | No |
FXGM is a registered brand name owned by a company based in Cyprus Depaho Ltd. It is an online broker company, which offers trading services for forex, stocks, commodities, options, indices, and cryptocurrencies. The Head office is located in Nicosia, Cyprus. It should be noted, Cyprus has attracted an impressive number of forex brokers. The company is a Cypriot investment firm incorporated in 2011 that operates following the Markets in Financial Instruments Directive (MiFID) of the European Union.
Moreover, MiFID II provides a harmonized regulatory environment for investment services. In other words, it covers the European Economic Area (EEA). Furthermore, the South Africa Financial Sector Conduct Authority also authorizes the Company.
We must mention that Depaho Ltd owns another trading brand – GTCM. The Cyprus Securities and Exchange Commission (CySEC) regulates the company. In a way, this gives them credibility, especially when compared to other offshore brokerages.
Here are the main features of trading with FXGM:
- Relevant authorities fully regulate the brand
- Quality customer support in up to eight different languages
- FXGM offers a proprietary trading platform, as well as a mobile trading platform
- The company provides over 150 trading instruments on the platforms
Is Good to Invest in FX Global Markets?
Many investors spend a lot of time examining the commissions provided by brokers, also reading reviews. They search the information broker companies they would like to choose. Although it is a great start, the first thing one should do is to discover whether the broker we are interested in is reliable or not.
The question is, how can a trader distinguish whether the company is a scam? The main tool is regulation. Although it is equally important to note, that this is not a 100% secure and reliable way, nevertheless it does tell a lot about the level of seriousness of the broker.
FXGM’s official website provides its clients with information about FXGM regulations. So does this mean that it is reliable? No. Many negative reviews are circulating the internet accusing the company of fraud.
Those are very serious claims. To point out one fact, FXGM uses quite aggressive commercial techniques by calling their clients, charging commissions to trade, offering to register and trying to convince them to perform operations unhesitatingly. Surely, there are more attractive and user-friendly techniques to intrigue a client.
While we are on the topic of regulation, we must mention CySEC has fined the company in late 2015. The charges were not severe, except the one regarding misleading clients. We have no information about the specifics of the case, but it still does leave a stain on the firm’s reputation. To summarize this section on safety, in our opinion, FXGM is an officially regulated company, which meets all the requirements needed.
However, there are negative reviews about this company in some forums. Overall, we have mixed feelings about this broker.
FXGM broker offers multiple account types to its clients. That being the case, trading conditions do not vary significantly for the different account types. Most benefits come in terms of a personal account manager, educational content, and other benefits. Experienced traders do not need it.
The levels above silver get a limited subscription to an independent technical analysis, Trading Central. FXGM offers “10 First Protected Positions” to their traders to allow them to familiarize themselves with the trading platform. The trader can open positions with Commodities, Indices, FOREX, and shares, and learn about their market behavior without taking any risk.
FX Global Markets Trading Platforms
FXGM offers two trading platforms to its clients: MetaTrader4 (MT4) and PROfit. Both of these FX Global market online platforms achieve the same goal. On the other hand, MT4 is far more popular and more functional between these two. It comes with currency trading, can load many useful instruments.
On the other hand, PROfit feels a bit clunkier. The platform allows you to view all the quotes on multiple currency pairs, with one-click buy and sell buttons.
Unless you are an experienced a quick trader, we would recommend to keep the one-click trading feature off, to prevent miss clicks. The platform allows the freedom to move some of its elements around, which is quite necessary given their number of news feeds and a video section.
PROfit also has the mobile version of the proprietary trading web platform developed by FXGM. It fits iOS and android mobile devices. Besides, FXGM apps are available in app stores.
Here are some of the features of the mobile PROfit platform:
- Account Management option, which offers Deposit, Withdraw, and other account features
- Complete order placements, order history, management, TP, SL, etc.
- Real-time quotes and graphs
- Technical analysis using charts, indicators, etc.
The platform known as “WebPROfit” is FXGM’s proprietary trading platform. It is web-based and has access via links from the FX Global Markets’s website. To emphasize the major advantage of being Web-based is that no downloads are required. It runs across all operating systems. The platform is available in 19 languages.
Here are some features of the platform:
- Real-time charts & analysis
- Trade Forex, CFD’s and commodities
- Financial news streamed directly to the platform
- No download required
FX Global Markets Trading Conditions
Minimum Initial Deposit
FX Global marker broker has set the initial minimum deposit level at $200. This is a bit high for today’s standards, with lots of companies demanding around $100, but there are also ones that demand deposit minimum of $500. Though some brokers have even removed this barrier — the investor can deposit as low as he/she wants to.
In case you are a beginner and inexperienced trader, taking a minimum initial deposit is a great initial step after demo account training. We want to add that the minimum deposit should not be a factor one has to consider highly when comparing forex brokers.
Average Spreads & Commissions
FX Global Market spread offering is not relevant to the current state of the industry. For example,
An average spread of three pips on EUR/USD is more than what you would be paying at other brokers.
Although if you enter trades less frequently, the spread may not be that big of a factor. Still, it adds-up over time.
Leverage
FXGM offers a leverage of 1:100, in case you are an experienced trader the maximum leverage reaches 1:200. You must be an experienced trader. Surely, both of these offerings will satisfy the needs of a serious trader. That being said, impression if you follow the industry you should know that many brokers offer leverage of 1:500 or even more.
Withdrawals options & Deposit & Payment methods
Here are the payment options accepted on FXGM:
- Credit/Debit Card: The acceptable cards are Visa and Master Card.
- Deposits are processed instantly. (via Visa and Master Card)
- Bank Transfer: The transaction amount is unlimited. The processing takes 2-7 working days
- SOFORT Banking/Neteller/Skrill: The transaction amount is €177-1,763. The transactions are processed instantly.
- EasyEFT: Mainly for South Africans. The payment is in ZAR. The minimum payment is 2,801 while the maximum is 27,981 ZAR.
FXGM accepts a number of payment methods. Before a deposit, the investor should complete an FXGM online registration. FXGM does not accept payments from third parties. Payments received from a bank account, card or e-wallet source must match the FXGM account name. For card withdrawals, only the amount deposited from the card can be withdrawn to the same card. The client’s bank account receives any excess withdrawn beforehand. FXGM processes withdrawal requests within 24 hours.
FXGM makes sure to credit all the payments it receives into the client’s account.
FX Global Markets Review Conclusion
We value the reviews and feedback that investors make about broker companies that they have used. Investment Forums are full of investors’ comments, and unfortunately, negative FXGM reviews are more frequent than the positive ones. Even though it is impossible not to find at least one bad comment online about any broker. We still think that the imbalance in review opinions indicates the fact that the majority of the feedback is true.
The truth is, there are positive reviews on FXGM, but it is hard to find many. There are some good reviews on MetaTrader4 and PROfit, both in web and mobile version. We want to mention that there is no perfect broker since each investor has its own needs and different opinions on trade tendencies.
We understand that of course, it is quite hard to trust in a company that has quite a few investors calling it an FXGM scam. FXGM does offer interesting trading instruments and tools. Also, everything seems to indicate that FXGM is a serious organization, but it still gives the impression of not being reliable and that their agents pressure their clients to invest.
We want to summarize an assessment of the strengths and weaknesses of this company.
Strengths
- Regulated in a country within the European Union
- Own platform: MetaTrader and 4PROfit
- Adjusted commissions for Forex
Weaknesses
- Too aggressive in marketing their products
- Fraud accusation reviews
- They do not have a free demo account like some competitors, but they have large educational material
FX Global Markets Review
Name: FX Global Markets
Description: FXGM is an online broker company, which offers trading services for forex, stocks, commodities, options, indices, and cryptocurrencies.
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Support
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Platform
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Trading Instrument
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Do not brelieve
Do not believe their lies. They are just trying to fool people.
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Scam broker
Scam broker. Do not invest money here.
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Useless signals
Useless trading signals. They aren’t effective after all.
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Awful services
Withdrawal takes a longer time to process compared with other brokers. Customer service is hard to contact, late replies on emails and chat. Awful service.
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Poor trading conditions
Poor trading conditions. I am very unhappy and unsatisfied with the services.
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Worst trading platform
Worst trading platform. Outdated and has a lot of technical problems.
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Very unprofessional
They are very unprofessional. Customer service place me on a long hold as I am waiting for their resolution regarding the missing withdrawal but never get back to me. The moment I hang up and dialed again no one picks up the phone.
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Rude customer service
Rude and unhelpful. They always find excuses not to assist me. They sounded very sarcastic.
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Bad people
Do not trade with them. Bad people!
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Beware
Not legitimate brokers. they are fake. Beware.
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Trouble with their system
I had trouble using their system. I find it very confusing and has too many technical problems.
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Lose money
I don’t know what went wrong. I followed all trading instructions but still lose money.
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Not a good broker
Tired of the runarounds on my missing withdrawals. Not a good broker.
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Fake broker
Fake brokers, just scam people.
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Bad broker company
Bad broker company. Do not deal with them.
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Do not trade
Do not trade with them, they are illegitimate brokers.
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Fraud
Fraud trading brokers. Do not invest money here.
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Can't withdraw my money
I am currently trading with this broker and am facing huge problem, I can’t withdraw money.
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Not a good broker
Not a good broker. They are not experienced enough to give winning trades.
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Worst forex broker
Do not fall for this company. They do not allow withdrawals. One of the worst and most difficult to deal with.
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Beware
Not a legitimate broker. they are fake.Beware.
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Not a legit broker
Do not trade with this people. They are not legit.
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Stay away
Stay away from this broker company. Signals are not good enogh.
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Poor trading advice
Trading advice is totally misleading and unacceptable. I lose more often.
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Fraud
Fraud trading brokers. Do not invest money here.
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Poor trading tools
Poor trading tools. Design to make you lose money.
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Too good to be true
Too good to be true offers. Do not take their offers.
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Worst customer service
The worst customer service. They seem inexperienced and don’t know what to do. It does not happen to me once but all the time. Every time I call them, my concern is left unresolved.
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Problems with withdrawals
Problems with withdrawals. They are very attentive on all things though except for withdrawals. They keep on delaying my money.
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Beware
Not a legitimate broker. they are fake.Beware.
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Beware
Not a legitimate brokers. they are fake. Beware.
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Trouble with their system
I had trouble using their system. I find it very confusing and has too many technical problems.
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Unregulated broker
They do not have regulations and are only trying to get money from people.
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Very bad broker
Very bad broker has bad execution and poor customer service.
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Unable to withdraw
I will not trade with this broker anymore. I was not able to withdraw anything.
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Poor customer service
Poor customer service. They never attend to trading concerns.
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Poor services
Poor trading services. Do not trade with them.
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Beware
Not legitimate brokers. they are fake. Beware.
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Poor trading tools
Poor trading tools. Design to make you lose money.
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Slow withdrawals
Slow withdrawal process. I have waited too long for a simple withdrawal.
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Poor forex broker
Do not trade with this broker. They are not good at all.
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Poor services
Poor services. Do not use their signals.
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Not recommended
Not recommended. There are so many bad reasons to change them, got so many losses.
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Bad company
Bad trading company. Avoid trading with them.
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Worst services
Worst trading services I have ever used. I am not trading with them again.
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Worst trading platform
Worst trading platform. Outdated and has a lot of technical problems.
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Worst services
Worst trading services I have ever used. I am not trading with them again.
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Lost my money
I created an account and traded with them in the past but they never let me withdraw my money. I lost more than $1000. They said I need to do this and that, and all those things they say are impossible.
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Thieves
Thieves. They have stolen all my money after they got my credit card details.
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Far from reality.
False profit projection. It is too good to be true, very far from reality.
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Do not pay profit
Do not pay a profit. Do not deal with these bad people.
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Rude customer service
Rude and unhelpful. They always find excuses not to assist me. They sounded very sarcastic.
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Not legit broker
They are not legit trading brokers. Do not trade with them.
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Slow withdrawals
Slow withdrawals. Took them almost a month even with simple withdrawals.
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Worst services
Worst trading services I have ever used. I am not trading with them again.
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Can't withdraw my money
I am currently trading with this broker and am facing a huge problem, I can’t withdraw money.
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Fraud
Fraud trading brokers. Do not invest money here.
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Poor support
Support gives canned answers and seems unaware of what they need to do. Poor support.
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Bad services
The trading platform is always down and customer service are always unavailable.
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Poor broker performance
Poor broker performance. The signals are not profitable, services are also one of the worst especially customer service who are always unavailable all the time.
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Lose money
I don’t know what went wrong. I followed all trading instructions but still lose money.
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Illegitimate company
Illegitimate trading company. Do not invest money here.
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Harassing brokers
I felt harassed by this broker. I have activated an account to see how it goes, after a few weeks I felt like this ain’t for e and so I discontinued. But they keep on calling me, I get several calls daily forcing me to add more money. It is really very annoying.
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Bad brokers
Bad brokers. Will push you to give more money but will not let you withdraw.
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Poor customer service
Poor customer service. I am having a hard time communicating with them, they do not speak English very well.
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Slow withdrawals
Very slow withdrawal process, I got so much hassle, I was asked to provide too many documents.
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Bad people
Do not trade with them. Bad people!
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Scammers
Don’t be a victim of their scam, stay away from them.
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Worst forex broker
Do not fall for this company. They do not allow withdrawals. One of the worst and most difficult to deal with.
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Poor trading advice
Trading advice is totally misleading and unacceptable. I lose more often.
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Bad people
Do not give out any information. They rub people’s bank accounts.
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Worst trading platform
Worst trading platform. Outdated and has a lot of technical problems.
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Bad company
Bad broker company. Make sure not to deal with them.
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Slow withdrawals
Very slow withdrawal process, I got so much hassle, I was asked to provide too many documents.
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Can't withdraw
They are good at tricks. They have convinced me to deposit but eventually Freeze everything. I can not withdraw.
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Unreliable services
Extremely unreliable broker service. Signals are one of the worst and withdrawal is really very slow.
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Trouble with their system
I had trouble using their system. I find it very confusing and too many technical problems.
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Not a good broker
Not a good broker. They are not experienced enough to give winning trades.
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Scam-broker
Scam-broker. Do not invest money here.
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Unreliable signals
Not a good trading broker. Signals are very unreliable.
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Worst services
Worst trading services I have ever used. I am not trading with them again.
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Bad people
Bad people to deal with. They are arrogant and sounded very rude over the phone.
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Waste of time
I have traded with them in the past and did not get anything in return. Just a waste of time.
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Bad people
Do not give out any information. They rub people’s bank accounts.
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Awful services
Withdrawal takes a longer time to process compared with other brokers. Customer service is hard to contact, late replies to emails and chat. Awful service.
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Poor trading conditions
Poor trading conditions. I am very unhappy and unsatisfied with the services.
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Poor broker performance
I was able to observe some good points but there are more bad points that made me decide to close my trading account.
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Very unprofessional
They are very unprofessional. Customer service place me on a long hold as I am waiting for their resolution regarding missing withdrawal but never get back to me. The moment I hang up and dialed again no one picks up the phone.
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Difficult withdrawal process
Very shady processes. I am a bit in doubt about this broker service because of their withdrawal policies. I always have a hard time requesting a withdrawal
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Poor signals
One of the worst trading brokers I have traded with. Do not trust their signals.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Bad broker
Not a good broker for online trading. They do not pay a profit.
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Do not trade
Do not trade with them, they are illegitimate brokers.
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Do not let me withdraw
They never let me withdraw anything. I started good but when I began to ask for a withdrawal, they charge me with violations I am not even aware of.
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Bad broker
Not a good broker for online trading. They do not pay a profit.
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Not recommended
Not recommended. There are so many bad reasons to change them, got so many losses.
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Not an ideal broker
There are so many surprising terms and huge trading fees. It is not an ideal forex broker.
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Poor forex broker
I thought they are good brokers but apparently, they are not. I had no choice but to quit trading with them.
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Fraud
Fraud trading brokers. Do not invest money here.
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Do not process withdrawals
It’s hard to trade with unprofessional brokers. They always give lame excuses not to pay a profit.
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Poor services
Poor services. I will never use this broker service again.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Poor customer service
Poor customer service. I never recall any single moment that they were able to help me.
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Poor trading tools
Poor trading tools. Design to make you lose money.
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Do not deal
Do not deal with them. They are not going to approve withdrawal requests in any way.
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Fraud
Fraud company. Do not invest here.
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Drastic price increase
They have a drastic price increase. I paid too much on transaction charges.
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Lose huge money
I have lost huge money. I regret using their signals and services.
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Poor customer service
I always experience delayed responses from their customer service. Problem is, I can not simply call them if I needed help, they are very difficult to contact them.
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Do not deal
Do not deal with them. They are not going to approve withdrawal requests in any way.
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Poor trading tools
Poor trading tools. I always encounter technical errors and glitches.
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Inaccurate signals
They are not good trading brokers. They have a few signals that are not accurate.
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Unreliable
Extremely unreliable broker services. Do not trade with them.
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Bad broker
Bad trading broker. They did not let me withdraw my profit.
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Do not deal
Let us not be fooled by the too good to be true offers. Be very careful, do not deal with them.
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Rude brokers
Bad brokers. Very arrogant and rude.
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Do not trust them
They are liars and only ask for money. Do not trust them.
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Too good to be true
The offer is too good to be true. Be very kind with all details.
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Scam company
Scam company. They took all my money.
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Ran away with my money
Please don’t invest in this company. They only lure people of possible income so they can secure personal and bank details then will run away with your money.
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Do not deal
Poor customer service and very unprofessional brokers. Do not deal with them.
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Expensive
Limited trading options and prices are really very expensive.
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Far from reality.
False profit projection. It is too good to be true, very far from reality.
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Poor services
Poor services especially withdrawals. They have the longest and most difficult process of withdrawals.
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Worthless broker
Do not trust this broker company. The services are worthless.
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Worst broker service
DO not trade with this broker company. Signals and services are both worst.
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Unreliable broker
Extremely unreliable trading broker. Signals are not even accurate at all.
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Worst broker company
The worst broker company I have ever dealt with. I had consecutive losses.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Poor broker performance
I was able to observe some good points but there are more bad points that made me decide to close my trading account.
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Poor broker performance
I was able to observe some good points but there are more bad points that made me decide to close my trading account.
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Worst experience
Worst experience of my life. I’ve lost a fortune on this.
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Do not deal
Once you deposit, you will never get your money back. Do not deal with them.
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Poor forex broker
Not a good broker to trade forex with. They seem inexperienced in trading CFD’s. I can see it in my trading results.
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Worst broker
I’ve got the worst losses here. Had consecutive losses and I really lose huge money. Poor broker performance.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Not an ideal broker
There are so many surprising terms and huge trading fees. It is not an ideal forex broker.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Poor trading tools
Poor trading tools. I always encounter technical errors and glitches.
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Slow withdrawals
Stay away from this trading broker. Withdrawals are really slow.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Do not trade with them
Lousy broker signals. Do not trade with them, save yourself from huge losses.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Unprofessional
Very unprofessional brokers. They do not meet schedules callbacks and did not meet commitments.
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Do not trust them
Do not trust this trading company. They are only good at the start but services will become worst eventually.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Worst trading company
The worst trading company I have ever tried. Do not trade with them.
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Do not invest
It is not a good idea to invest money in this kind of industry. More losses to expect.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Unresponsive
Very unresponsive. They ignore me most of the time, causing me greater losses.
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Unreliable signals
Do not deal with this broker company. The signals are very unreliable.
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Technical issues
The platform has so many technical issues. I am not happy with the software.
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Drastic price increase
They have a drastic price increase. I paid too much on transaction charges.
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Rude
They are very rude to me when I started asking to withdraw my profit. I do not suggest dealing with this broker.
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Unreliable
Unreliable services. Do not deal with them.
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Unreliable
Inaccurate market analysis and poor broker advice. The services are very unreliable.
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Do not deal
Do not deal with them. They are not going to approve withdrawal requests in any way.
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Poor services
Poor services, slow withdrawals, and inaccurate market analysis.
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Poor signals
Poor trading signals. Will never trade with them again.
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Poor forex broker
Do not trade with this broker. They are not good at all.
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Manipulated charts
I notice manipulation on charts. As if what they have isn’t real at all and that they have full control of their trading software’s backend.
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Do not trust
I notice price and chart manipulation here. Do not trust them.
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Loser broker
Loser broker. They only collect money and their trading scheme is not real.
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Bad services
Bad services, rude people, and no withdrawals. Stay away from them.
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Poor customer service
Poor customer service. I am having a hard time communicating with them, they do not speak English very well.
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Worst trading company
Worst trading company. They do not treat customers well.
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Not good at all
Do not trade with this broker. I end up wasting my money and time with this broker. Not good at all.
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Rude brokers
This is not a good broker service. Poor signals and rude brokers.
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Problems with withdrawals
Problems with withdrawals. They are very attentive on all things though except for withdrawals. They keep on delaying my money.
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Do not deal
Rude and unhelpful people. Do not deal with them.
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Got so many losses
I wonder why this broker does not work hard to give good signals. I got so many losses during the 3 months that I have traded with them. I guess they are just new to this and are not really skilled and experience as they claim they are.
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Poor trading conditions
Poor trading conditions. I am very unhappy and unsatisfied with the services.
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Problems with withdrawals
I had a problem with withdrawals, the process is very lengthy and there are so many documents needed.
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Worst customer service
The worst customer service. They seem inexperienced and don’t know what to do. It does not happen to me once but all the time. Every time I call them, my concern is left unresolved.
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Not recommended
I won’t recommend this broker to all. They will just ask for deposits but will not work out your funds and will just let you lose everything.
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Warning! This broker will steal your money
I want to share with you a very bad experience I had with this broker. They had me undergo runaround on trades, spread changes, etc. but apparently, it is their scheme to put me on losing trades and steal all my money. Warning to all, do not deal with them.
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Rubbish broker services
Rubbish broker services. I never see any good reason in keeping them. I advise not to chose this broker service.
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Manipulate trades
Manipulates trades. I have lost so much money on this.
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Poor trading systems
Disorganize trading systems. I find the trading tools very difficult to use.
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Scam
Sad truth. I am a victim of their scam so I advise everyone to stay away from them.
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Useless trading signals
Useless trading signals. I would rather trade alone than trade with them, signals are really worst.
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Do not deal
Do not deal with them. They are not going to approve withdrawal requests in any way.
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Do not trade
Do not trade with them. I have tried trading with them sometime in the past and really it causes me so much problem.
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Worst services
This ain’t a good broker company. Have tried their services and it is one of the worst.
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Bad customer service
Bad customer service. They can not help and yet sound very rude.
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Bad company
Company with bad reputation. It is not a wise choice to trade with them.
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Worst broker services
Services are really worst that I have no single reason for keeping them to be my broker.
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Took all my money
Cruel people. They’ve left me nothing but financial problems. They took all my money away.
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Annoying phone calls
Very annoying marketing and sales call. They do not obey do not call list. This company should be reported to authorities to stop disturbing people.
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Worst trading
Worst trading services. Do not deal it to them.
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Unreliable trading services
Unreliable trading services. They even keep on increasing pricing.
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Poor customer service
Poor customer service. I cannot depend on them for help.
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Poor trading profit
I am talking base on my own point of view. This ain’t a good broker for me because profit is not good. Although services are, we came here for the money.
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Worst software
Worst trading software I have ever used. I encounter so many technical problems and worst it affects my trades.
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Have lost money here
I am sorry for myself trading with this broker. I have lost so much money and never did recover anything. Do not trade with them.
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Bad broker
Bad broker services. Worst signals, slow withdrawals, and very bad customer service. I will never deal with them again.
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Technical problem
I am currently trading with this broker and the common problem I am facing is the technical problems on their trading platform. I have reported it so many times but the problem continues up to this day. I have decided to close my trading account with them instead.
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Bad brokers
Manipulating trades including margin and spreads and auto closed trades with prior notice.
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Nonsense services
Do not waste your money and time on this. Nonsense services.
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Poor services
Poor services. I cannot even get proper assistance in processing withdrawal.
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Expensive assets
Fewer assets to choose from and are very expensive. Overall performance is not that good.
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Slow withdrawals
Do not deal with this broker service, they will just steal your money. Slow withdrawal process and poor broker signals. I only used their services for a few weeks, not a good broker.
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Slow withdrawals
Super slow withdrawal process, very annoying. I gain profit however I am unable to withdraw them.
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Bad brokers
Bad brokers. Will push you to give more money but will not let you withdraw.
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Not profitable
Not a good idea to trade with them. Not profitable at all.
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Not happy with withdrawals
The services are good including customer service, I am just not happy with their process of withdrawals including requirements.
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Weak signals
Technical and economic indicators aren’t accurate. They are also providing very weak signals, I lost a huge amount of money.
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Do not deal with them
Not a good broker. Withdrawal is so difficult and slow. The customer service hotline is always busy, very difficult to get through.
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Slow withdrawals
I find their withdrawal process really very annoying. I was asked to wait for too long.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Drastic price increase
They have a drastic price increase. I paid too much on transaction charges.
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Worst experience
Worst experience I ever had. I have lost too much money on this.
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Do not trade
Do not trade with this company. They do not approve withdrawal requests.
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Poor signals
Poor trading signals. Will never trade with them again.
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Waste of time
This broker has just wasted my precious time. I had spends hours and days for nothing.
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Inaccurate signals
Do not trade with them. Signals are inaccurate.
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Bad company
Bad trading company. They will never approve withdrawals.
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Poor trading offers
Poor trading offers. I end up paying more and not gaining anything at all.
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Poor company
Poor broker company. Do not deal with them.
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Do not deal
Do not deal with them. They are not going to approve withdrawal requests in any way.
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Difficult withdrawals
The very difficult process of withdrawals. Do not trade with them.
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Unreliable
Unreliable trading company. Do not trade with them.
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Not recommended
Not a good broker. Not recommended.
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Inefficient services
Poor broker company. Services are inefficient.
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Unreliable
Unreliable services. Do not deal with them.
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Poor broker performance
I was able to observe some good points but there are more bad points that made me decide to close my trading account.
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Poor broker services
Poor broker services. I am not happy with the services I get from this broker.
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Incompetent
They are very incompetent and unreliable. It is not a good idea to trade with them.
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Stay away
Stay away from these people. They are rude, intimidating and inefficient.
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Poor trading signals
Do not trust their trading signals. As if all are just mere speculations of what will be and not really based on facts.
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Worst signals
They’ve got the worst signals among the brokers I have tried. They also have the most difficult withdrawal process.
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Do not deal
I was not able to get my money from this broker. Do not deal with them.
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Unreliable signals
Not ideal forex broker. Signals are most of the time unreliable.
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Charge too much
They charge too much on trading transactions. Crazy, it was not mentioned at the start.
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Far from reality.
False profit projection. It is too good to be true, very far from reality.
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Worst brokers
Extremely unreliable trading broker. They are one of the worst.
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Poor trading performance
They’ve been operating a long time in the industry but the performance is not good. I get a few winning trades but got more losses.
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Unreliable
I can not fully rely on trading tools and services. Not a good trading partner to deal with.
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Annoying phone calls
I am so annoyed with the tons of calls I am getting daily from this broker company. Can they not understand the DO NOT CALL list? Or are they even aware of that policy?
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Poor trading advise
I am not confident with their trading advise. I have lost a few times and at this point, I am on the process of looking for a new broker to trade with.
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Rude
They are very rude to me when I started asking to withdraw my profit. I do not suggest dealing with this broker
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Poor support
Support gives canned answers and seems unaware of what they need to do. Poor support.
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Poor signals
Unreliable trading signals. I can not even get a good trading outcome.
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Slow withdrawals
The slow process of withdrawals with so many annoying documents to submit.
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Do not deal
Very unresponsive on concerns. Do not deal with these guys.
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Stealing money
I honestly think that they are just stealing money from me. I will be closing my account real soon.
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Do not trade with them
Lousy broker signals. Do not trade with them, save yourself from huge losses.
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Just a waste of time
Services are okay but I am only getting very minimal profit as if I am just wasting my time on this.
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Worst broker
Although trading terms and conditions are okay, leverage is good, the broker performance is really one of the worst. I did not gain a good profit from this broker.
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Bad broker
Avoid this broker by all means. This broker does not pay profit and will turn very unresponsive after depositing your hard-earned money.
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Slow services
They are very slow in all services. There is a delay in execution, great delays on withdrawals, and even on customer service responses.
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Slow customer service
Slow customer service. I find the services very annoying. I will never trade with them again.
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Poor signals
Poor signals from the brokers. I can’t recall getting at least a decent profit.
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Long withdrawal process
Very lengthy withdrawal process. There are so many terms to the company and requirements to provide. Also, the wait time is very long.
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Poor platform
Poor trading platform. It is very difficult to use and has so many errors left unfix.
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Slow withdrawals
Will never trade with this broker again, I had so much trouble requesting for withdrawals.
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Expensive to trade with
Initial deposit seems affordable on their website but once the account is activated and you wish to start trading, the initial deposit ain’t enough to trade. Per lot, processes are ay too expensive. I end up losing my initial deposit because I can not add more money to trade and I can not refund the initial deposit either.
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Unreliable
Inaccurate market analysis and poor broker advice. The services are very unreliable.
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Unprofessional
Very unprofessional brokers. They do not meet schedules callbacks and did not meet commitments.
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Worst forex broker
I have the worst encounter with this forex broker. They are very manipulative and harassing. I felt like they are just after my hard-earned money.
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Aggressive brokers
I was forced to add more money. They always sound so aggressive. Do not listen to me but instead force me to collect more money.
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Bad broker
Bad broker services. Worst signals, slow withdrawals, and very bad customer service. I will never deal with them again.
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Do not deal with them
Do not deal with them, they do not give payouts. I was given the runaround when I requested to withdraw money.
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Slow withdrawals
Very slow withdrawals. Services are fair, not bad but not that good, just average. But when it comes to withdrawals, it’s the worst.
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Poor support
Poor customer support. They are unable to resolve trader concerns.
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Technical problem
There are so many technical errors and glitches on their trading platform. I have used their platform for quite some time and the problem is never resolved.
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Technical problem
I am currently trading with this broker and the common problem I am facing is the technical problems on their trading platform. I have reported it so many times but the problem continues up to this day. I have decided to close my trading account with them instead.
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Not an ideal broker
There are so many surprising terms and huge trading fees. It is not an ideal forex broker.
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Avoid this broker
Avoid them totally. They seem to manipulate trade and collect all your deposits. I get consecutive losses which are very suspicious.
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Slow withdrawals
This broker is unable to speed up the withdrawal process. I have traded with them for a couple of months and slow withdrawal is a known problem.
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Not my ideal broker
Not my ideal broker, they are not available almost all of the time. I always had a hard time them for help.
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Worst customer service
Worst customer service. Out of all the brokers I have traded with, they have the worst customer service. I can’t even help me with any of my trading concerns.
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Worst broker
The worst broker services I have ever used. Signals are very unreliable and services suck, big time.
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Expensive assets
Fewer assets to choose from and are very expensive. Overall performance is not that good.
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Avoid this broker
Avoid this broker by all means. They are just after your cold cash deposits. They will never really help you get good trades.
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Worst brokers
False claims. They are claiming to have been the best broker to trade with but really the worst on actual trading.
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Worst broker
Do not be deceived by their sweet words. This is one of the worst brokers I have ever dealt with.
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Worst broker
Worst than I could ever imagine. I have lost huge money on this. Beware, do not trade with them.
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Very bad broker
Very bad broker service. Aside from unprofitable signals and poor customer service, withdrawals are very difficult.
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Huge charges
This is a good broker, they are providing good signals but will charge you in every move. Almost nothing was left on my profit due to charges.
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Unreliable
Do not use this trading platform. Price keeps on changing and signals are very unreliable.
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Slow withdrawals
Slow withdrawals, this is the only problem I encounter when I use the service.
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Poor signals
I do not recommend this broker to anyone. Withdrawal is very slow and signals are very poor.
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Poor forex brokers
They are advertising on a website that they have fast execution and that they are award-winning brokers and so I tried their services. Upon actual trading, I am very disappointed with the great delays I experience with execution and poor broker signals that always get me losing trades.
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Bad broker
They do not pay out profits. I have trade and got some profits however I can not withdraw I was even ask to invest for more.
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Slow withdrawals
Slow and almost impossible to withdraw. There are so many documents needed to request for withdrawal. They hardly approve it and waiting for the money to hit my bank account is very long.
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Bad forex broker
Do not settle for this broker service. They are not a good broker for forex trading, customer service is not even skilled to assist.
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Worst forex broker
Everything here is worst. They have the worst platform, worst customer service and worst withdrawal process.
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Pathetic forex brokers
Pathetic forex brokers, poor signals. Inaccurate market forecast.
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I am open to share my experience and to enlighten everyone on how i was able to recover my money from a scam broker .
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Expensive trading services
The trading instruments, as well as services, are very expensive. Worst they are not delivering the services that I have paid, as if it is useless to pay for their services.
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Unresponsive
They do not respond to emails and chats. I am a bit frustrated about not getting the response that I need.
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Poor trading platform
Poor trading platform. I always encounter system errors. Customer service isn’t even helping at all.
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Got so many losses
I wonder why this broker does not work hard to give good signals. I got so many losses during the 3 months that I have traded with them. I guess they are just new to this and are not really skilled and experience as they claim they are.
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Troubled with withdrawals
This broker has so many issues with the withdrawal process. I had 4 withdrawal requests for the past 2 months but all of the withdrawals I had with them troubled me.
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Poor services
Poor services especially withdrawals. They keep sending my documents back and they decline my withdrawal request several times.
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Delayed email replies
Email replies come with great delays and also withdrawal is very slow.
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Difficult to call customer service
It is so difficult to contact their customer service, the line is always busy.
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Not profitable
I traded with this broker for over six months and decided to close my account because I notice that I am not getting a good profit.
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Worst trading platform
This is the worst trading platform I have ever used. I always get system glitches and mt trades were affected.
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Slow withdrawals
Very slow withdrawal process. I not happy about this broker service at all.
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Unpleasant customer service
Customer service sounds uninterested and unhelpful. I felt bad choosing this broker service.
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Poor trading platform
There are so many technical issues most of the time. I never had a good experience with their trading platform.
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Poor customer service
Do not deal with this broker. Poor customer service. Lack of patience and full of rudeness.
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Unreliable signals
Worst forex broker. Their signals are not at all reliable.
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Poor support
Poor broker support, they are most of the time not responding even if it is all about an urgent matter.
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Bad customer service
Bad customer service, they are not good at customer relations. They do not even show empathy and concern.
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Horrible services
Horrible broker service. Signals are not accurate and not even profitable.
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Difficult withdrawals
This broker will take your money quickly upon deposit but will give you a hard time upon withdrawal.
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Not a good broker
Not a good broker for forex trading. Poor quality of trading signals. Will only lead you to many losses.
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Not knowledgeable
Chat service is not that knowledgeable. I am not getting any resolution, not helping at all.
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Worst customer service
Worst customer service in the world.Will never trade with them again.
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Stay away
Stay away from this broker’s services. They are not a good broker to deal with for forex trading.
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Got nothing but losses
They did not give me anything aside from losses. No good services, no winning trades, nothing but losses.
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No compassion to consumers
This company has shown no compassion for the circumstances of the vulnerable consumer. They are just after deposits and have shown no concerns to traders.
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Irresponsible
This is irresponsible and they respond by placing all the responsibility on the consumer. It’s always a blaming game and they are not helping at all.
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Fake trading
I guess this is a fake trading company because they do not grant withdrawals. It’s a good thing I just deposited the initial amount to activate the account and did not add some more.
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Hassle to request withdrawal
I am having issues with account verification. I filed for a withdrawal request, had followed their instructions and submitted what’s needed but still, my withdrawal request was rejected. They are asking too many things to replace.
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Difficult to contact customer service
Customer service seems non-existent. It is very difficult to contact them.
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Unreliable
Unreliable services including signals. It is better to trade alone than to trade with them.
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Aggressive
Good broker signals however very aggressive in asking for more money.
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So many trading terms on withdrawals
Good signals but I am frustrated with the trading terms that pop up especially upon withdrawal attempts.
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Poor trading platform
The platform is working poorly, always has a technical problem and is so frustrating.
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Never take time to explain
They never take time to explain whys and hows. Even if I asked they are not giving complete explanations that leave many question marks.
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Not impressive
Not a competitive broker for forex trading. Strategies are the usual, nothing new, nothing impressive.
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Poor broker
I do not like the services and so I move out. I have traded with them for a couple of weeks and all services suck.
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Slow withdrawals
Slow withdrawals. It is my first time to withdraw, hope the next transaction is smooth and fast.
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Unreliable signals
Deposit and withdrawals are fine. But signals are not good. I lost even more than I won.
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Do not deal
Do not deal with this broker, not worth your money and time.
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Not recommended
Not recommended to deal with. Signals are poor and withdrawal is slow.
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Unresponsive
Good signals but are very unresponsive, it is very difficult to get through their customer service whenever I need help.
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Difficult withdrawal process
The withdrawal process is very long and difficult. Customer service is helpful but can’t solve my problem regarding withdrawals.
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Absolutely worst
Absolutely worst. I am unable to withdraw profit and customer service is rude.
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Not accurate signals
The trading signals and market analysis are not accurate at all.
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Do not deal with this broker
Do not deal with this broker service. they will never allow anyone to withdraw profit.
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Not satisfied
I am not satisfied with this broker service. They are not good brokers.
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Poor signals
Poor trading signals and forex strategies are not timely.
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Poor performance
They are just good at convincing people but not on actual trading. Poor broker signals.
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Not satisfied with the profit
I am satisfied with the broker service but not with the profits I am getting.
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Good broker signals
Good broker signals. Customer service though is hard to contact.
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Worst broker signals
Worst broker signals, it is most of the time not accurate and it causes me so much loses.
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They do not allow withdrawals
This broker service is a thief. They take money away and do not allow withdrawals.
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Rude customer service
Rude customer service. They are always unavailable and if you get one they are unhelpful.
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Bad forex company
Bad company for a forex broker. You will not earn but will only lose your money.
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Slow withdrawals
Fair trading conditions except for withdrawal which takes a longer time than usual.
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Not worth it
Not worth it. I traded with this broker a long time ago and I never gain any profit, in fact, I lost my money instead.
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Almost impossible to withdraw
Generally a good broker, they have friendly customer service at brokers. The problem is that it is nearly impossible to withdraw profit, they have a very strict trading term.
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Fair broker
Once I thought this is the best but now I have other brokers with similar terms and better services.
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Slow withdrawals
Great endorsement for thier products and services but poor trading results. The signals are very poor and withdrawals are very slow.
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Pending withdrawal request
I am quite happy with my profits but I am so much frustrated I am not even sure how and when are they gonna approve my withdrawal request.
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So much hassle on withdrawals
They accept PayPal upon deposit but can’t process PayPal on withdrawals. So much hassle on their withdrawal process.
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Increasing trading charges
Ever-changing trading policies and surprising trading charges keep on increasing all the time.
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Cheaters
I would advise everyone to stay away from this broker service. They have canceled my profit they said according to policies. They have an ever-changing policy just to get your money.
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Very low rating for customer service
Very low rating for customer service. Brokers signals are fine but not the customer service, they are very unhelpful and rude.
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All seems fine but they are unregulated
It is very risky to trade with this broker because they are not regulated. I only knew it upon reading the reviews. Anyhow, I am trading with them and all seems okay. I hope withdrawals will also be okay.
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Friendly and accommodating
I wonder why I am seeing negative reviews. I have started trading with this broker 3 days ago and so far they are okay. Friendly and accommodating customer service and brokers. I will be leaving another review once I’ll be placing trades and requesting withdrawals.
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Cheaters
They are all-time cheaters in the forex world. I have dealt with them and lost all that I’ve invested. Do not use their service, beware.
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Skeptic about this unregulated brokers
I wish I was able to read this review before opening an account with this broker. They are not regulated and it shows on all their transactions. I am a skeptic of consistent losses and missing withdrawals. I think something fishy is really goin’ on.
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Very low leverage
Trading terms are not so good, very low leverage. And worst they have the longest withdrawal process
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Rubbish customer service
customer service is rubbish. They have different answers for the scenario every time I call. As if they don’t know what they are doing.
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Slow chat support
The overall experience is okay except for the chat support’s slow replies.
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Just fine
Experiencing slight system issues and delay but generally a good broker.
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Not recommneded
I will be switching to a different broker. Trading conditions aren’t all fair and good for me.
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Platform issues
Commendable customer service and brokers, just need to improve on trading platform, I notice a slight delay.
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Amazing broker!
I have traded with several brokers in the past and among them this one is the best. The support is fast, execution and signals are perfect,very good spread and profit. They are highly rated brokers with good feedback so I feel safe trading with them.
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They have very good signals.
I have been using their services for over a year and I feel like I found the best broker for me. Profit is real and consistent. They have very good signals. Customer support has always been prompt and helpful to me.No issues with the platform and withdrawal is fast.
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They always satisfy me with their services
I have been trading with this broker for almost a year now. They always satisfy me with their services. It’s really surprising that my minimum deposit on the first month not only doubled but tripped. Very good market analysis and Forex signals.Amazing!
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