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FXCM Reviews:
| Rating: SCAM Submitted by: nick (05.01.2007 23:10) |
| Don’t use the FXCM as a forex trading platform!!! You will lose all of your money. |
Rating: Submitted by: Mark Antony (08.01.2007 14:10) |
| They really act in their own interests but not in the interests of their clients. I suggest newbies to forget about FXCM and go find a better broker. |
| Rating: SCAM Submitted by: Steve Green (10.01.2007 11:11) |
| Stay away from them when trading real (not demo) accounts. When trading goes, you will be locked out of trades. |
| Rating: SCAM Submitted by: profy (11.01.2007 03:02) |
| If you are newbie stay away from FXCM!!! |
| Rating: Submitted by: new (15.01.2007 23:12) |
| They have very bad email service. |
| Rating: SCAM Submitted by: maxtrader (22.01.2007 18:13) |
| This broker does not allow me to close the trade at market price if price is moving against them. I get 'Data not found', 'Waiting for dealer', 'Your order didn't execute 'cause price moved' kind of messages, though the FXCM platform keeps on showing the same price. |
| Rating: SCAM Submitted by: anyone (25.01.2007 20:10) |
| It is scandalous when the platform freeze for 1hour in the news. |
| Rating: SCAM Submitted by: (03.02.2007 04:53) |
| Should be subject to a class action suit. Thieves and bandits! |
| Rating: SCAM Submitted by: ahmed (07.02.2007 14:42) |
| they s*cked my money very well |
| Rating: SCAM Submitted by: albert (27.02.2007 21:06) |
| trading currency is hard enough and when you have fxcm as your broker you can kiss your money goodby. over the last 1 1/2 years they have proggresivly gone down , like a cheap two cent you know what. there is not enough memory in this web site to list all of their short comings , but i'll list a few. slipage, manipulation, locking your trade, not letting you trade when it is at the highest probability that you are right, live desk? more like dead desk,arregant,uncaring etc. etc. etc. etc. |
| Rating: SCAM Submitted by: Dude (20.03.2007 19:47) |
What would u excpect from a broker who will never answer your emails.??
Besides , FXCm is all about marketing and that's it. Also high pip spread to rip you off.
try ifx markets or crown |
| Rating: Not Rated Submitted by: The man who sued FXCM (12.04.2007 02:42) |
FXCM has been sued based on the complaints here described and many others.
Those interested in joining please contact me:
yorktown@lycos.es |
| Rating: Not Rated Submitted by: AndyS (26.04.2007 03:11) |
Please read this copy of the chat I just had with FXCM:
What else can you add...
FXCM!29: Welcome to FXCM's Live Chat Feature. So that we may better serve you, feel free to provide me with your name and email address. How may I help you?
User: Hi, How are you?
User: WHY My CHF Order was not executed?
User: ticket #: 17629241
FXCM!29: What are the specifics of the order?
User: The Entry (Sell) level was reached but it was not executed
FXCM!29: what was the sell level?
FXCM!29: what is your account number?
FXCM!29: what was the currency pair?
User: 1.2043
User: USD/CHF
FXCM!29: Is this a live account?
FXCM!29: what is the live account number?
User: Demo
FXCM!29: was this an order to buy or sell?
User: Sell
FXCM!29: when did you place the order?
User: 20 minutes ago
User: RIGHT NOW it hit this level again
User: and the order is still there...
FXCM!29: Have you refreshed the trading station?
User: Yes I did Many times
User: Now it is even higher 1.2044
User: and the order is still there
User: not executed
FXCM!29: If what you are saying is true your order should have been executed.
FXCM!29: If this were a live account we would turn this over to our audit committee to review and make an adjustment if necessary.
User: Why I can not see it on Open Positions panel?
User: Actually it happens VERY often
FXCM!29: You will only see your open trades when the order has been executed.
User: That is what I am telling you IT WAS NOT EXECUTED
User: What should I do?
User: I can not continue trading like that...
FXCM!29: What kind of internet connection are you using?
User: ADSL
User: 1500/256
FXCM!29: Is it wireless?
User: no. cable
FXCM!29: Okay.
FXCM!29: You may need to unistall and reinstall the trading station.
User: Why?
FXCM!29: If your orders are not executing properly there could be an issue with the way the software was downloaded.
User: The actuall execution runs on the Server... right?
User: what TS has to do with this?
FXCM!29: Yes, but if your orders are not showing up correctly it could be an issue with the trading station.
FXCM!29: You are the only one to report such issues.
User: http://www.forexrealm.com/brokers-reviews/#FXCM
User: Not really
User: Your comments ?
FXCM!29: Those forums are breeding grounds for market makers that can't compare to our size.
User: Well... WHY I have the same problems?
FXCM!29: We have serviced over 90,000 accounts. Obviously, not all 90,000 will be successful.
User: WHY I have
FXCM!29: I don't see anyone with the same issue as you.
User: But I had it on my REAL Account many times
User: and review commitee several times admitted that you system was wrong
User: Real TS installed on different computer
User: WHY?
FXCM!29: Obviously technical issues do arise in a technical market.
FXCM!29: We are one of the only firms that has an audit committee to look into trade inquiries.
User: ok. NOw the CHF is at 1..2050 level and the order is still there... CAN YOU SEE IT?
FXCM!29: i cannot see your account, no
User: why?
FXCM!29: because i can't log into your demo account.
FXCM!29: I do not have the login information.
User: last time the support told me that they can see EVERY button press I do
User: I gave you me email
FXCM!29: you didnt give me your email
FXCM!29: sorry
FXCM!29: it was lost.
User: account # is FXRxxxxxxxx
FXCM!29: i see it now
FXCM!29: but in order to login to your demo i need the login and the password
User: Pwd XXX
FXCM!29: Logging in now
User: PLEASE read my Email above
User: so?
FXCM!29: Please be patient
FXCM!29: i have to look at the account.
User: I mean can you see the CHF order?
FXCM!29: Yes
FXCM!29: It appears that it should have been executed at 18:12
FXCM!29: three minutes after you placed the order
User: Can you see it on the Open Positions list?
FXCM!29: No.
FXCM!29: It is still in the orders window
User: ???
FXCM!29: like i said, it should hav been executed.
FXCM!29: We execute live accounts before demos
User: Now can you see the problem?
FXCM!29: and it looked like this order slipped through the cracks
FXCM!29: I have always seen the problem
FXCM!29: I understand what you are saying
User: Ah... OK.
FXCM!29: I'm saying it should have been executed, we apologize that it wasnt, and if this were a live account you could log an audit and we would fix the situation.
User: and now tell me how should I trade to avoid these problems?
User: or wait till you fix it?
FXCM!29: Execution will never be perfect. |
Rating: Submitted by: Janine (12.06.2007 22:25) |
Overall good experience. Some slippage and ok spreads. Excellent
customer service. |
Rating: Submitted by: Mike (27.07.2007 07:46) |
| I am surprised to see these reviews about FXCM and think it might be a little biased. I have had a solid trading experience with them including their great customer service etc. I recommend that everyone at least call them to find this info out themselves. I even went to their office, very legitimate operations in a NYC highrise...not exactly what one would expect from a bucketshop. |
| Rating: Not Rated Submitted by: 911'isj' (02.08.2007 08:52) |
| I compared these guys with EFX and they have a stall on the pip movement , which occours just before you are about to make money, whic makes it really difficult for scalping, I am only a beginner but I have made money consistantley on EFX, there apppears to be no problem with the pip movement no stalling, FXCM on the other hand have larger spreads and the pip movement stalls just as you are about to make money, if I make ten pips on EFX then I am breaking even on FXCM, sounds outrageous, but with FXCM's large spread taken into consideration, you will soon see this is exactly whats happening, and the staff appear to have no idea, they say there is no dealing desk if this is the case then it must be built into the system, therefore maybe only the people at the top are aware of this, I told the chat dude to not take my word for it make the comparison for himself and that he was probadly a nice person, and if he had money in FXCM to check it out, he cut off the chat, which is like hanging on me, sorry dude if ya read this I didn't mean to insult you ! BUt I lost 35 000 us dollars |
| Rating: SCAM Submitted by: Larry (24.08.2007 16:10) |
FXCM sued for fraud in California federal court.
Case SA CV07-00349-CJC |
Rating: Submitted by: Joel (01.09.2007 03:07) |
| I've been with FXCM for just over a month now. I trade actively throughout the day. So far, all of my trades have been executed as expected. I like FXCM's trading platform. Customer service has been very responsive in addressing my administrative questions. The other comments on here are very different from my experience, maybe they were from before they implemented the "no dealing desk" ? |
| Rating: SCAM Submitted by: jonn (07.11.2007 05:21) |
| They take very much Interest and You willloss your money. |
| Rating: SCAM Submitted by: awilson1 (07.12.2007 12:08) |
| The BIGGEST SCAM IN THE WORLD !!! I recieved a margin call based on an entry price that never existed. Even though all supporting evidence proofs my case, FXCM still refuses to refund my money. STAY AWAY !!!! |
| Rating: SCAM Submitted by: Juergen (26.12.2007 04:32) |
Ever seen this movie???
http://www.imdb.com/title/tt0181984/usercomments?start=10
Same thing applies. Same thing also applies to the piece of crap called MLM (Multi-Level-Marketing) |
| Rating: Not Rated Submitted by: JC Mtl. (16.01.2008 18:28) |
This broker really s*cks, in volatile markets is impossible to close
a position I got a fill 14 and 18 pips away from my original closing price
four minutes later, you call this slippage? That is ripping off pure and simple.
|
| Rating: SCAM Submitted by: jason (01.02.2008 10:19) |
| Wake up traders, this platform is a complete scam, you'll lose all your money,if you're currently trading with FXCM I strongly suggest to withdraw your money. Numerous time my stopped loss order was hit 10,15 pips away from the printed,charted quotes and all I ever get in response is "we're a no dealing desk service,during high peak trading there will be slippage" Close YOUR accounts with FXCM and give it to charities, you'll be much better served. |
| Rating: Submitted by: Joseph (02.02.2008 11:58) |
| It is good broker with good customer service Mt4 will launch soon |
| Rating: SCAM Submitted by: Paul Patrick (19.02.2008 05:17) |
| please what is that SCAM.I seriously want to know. |
| Rating: Submitted by: Abiodun Badmos (21.02.2008 08:41) |
I believe anyone regarding fxcm as scam is a newbie.
FXCM is a very good broker.
The fact is simple, if you believe that fxcm is ripping you off ur money, why dont you try comparing their chart with another other reputable brokers (interbank, fxsol, etc), if its different, then you can make your conclusion.
Besides have never heard anyone saying something about withdrawal problem. They always pay, no matter the amount and this I believe is a characteristic of a good broker.
FXCM is simply one of the best.
How many brokers will you see their contact address?
Lets be fair in our judgement and pls dont misguide people.
Scam is not good. |
| Rating: SCAM Submitted by: Jack (26.02.2008 10:09) |
Compare the hourly charts to the daily charts in the marketscope 2.0 provided by FXCM. In many cases you will find discrepancies. These discrepancies invalidate all indicators and all support and resistance.
This intentional bogus information is designed to misinform you into making poor trade decisions and eliminates any possibilty of trading most systems. If you aren't trading for the long term, I highy suggest that you do not use this platform. Read this risk warning very carefully!!!! Especially the second paragraph!!!
RISK WARNING: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent advisor if you have any doubts. Past returns are not indicative of future results.
FXCM and its affiliates assume no responsibility for errors, inaccuracies or omissions in these materials. They do not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. FXCM and its affiliates shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. This email is not a solicitation to buy or sell currency. All information contained in this email is strictly confidential and is only intended for use by the recipient. FXCM is compensated for its services through the spread between the bid/ask prices. This communication was sent from a non-monitored alias email account. All replies should be sent to info@fxcm.com. Replies sent to info@fxcm.com will be received by the FXCM corporate email system and are subject to storage and review by someone other than the recipient.
For recipients of this communication who are resident in the UK or have an account with FXCM LTD (“ UK recipients”), this communication should be treated as having been issued by FXCM LTD.
|
| Rating: SCAM Submitted by: Joe (26.02.2008 10:19) |
| Slippage on Entry orders will occur about 75% of the time when trading on a real account. Most of the time it is between .5 - 1.5 pips. It does not matter what time of the day your entry order is executed or whether or not news is involved. The slippage is simply an additional cost to trade with FXCM. |
| Rating: SCAM Submitted by: Graz (27.02.2008 05:31) |
| Once again they closed trades that were negative with a incorrect margin call. They also don't pay interest on your balance (when questioned I was told be their helpdesk "we are not bank you know, if you want interest go there") My advice is 'Stay well clear'. |
| Rating: SCAM Submitted by: fxcmIsNoGood (27.02.2008 18:19) |
| Visit the National Futures Association http://www.nfa.futures.org Type in "fxcm" in the search entire NFA web site. See how many disputes and complaints come up. No need to say anymore. Stay well clear of FXCM dont fall into there marketing trap. |
| Rating: SCAM Submitted by: zulassi (03.03.2008 22:53) |
yeah, I have trade with them for few months. it happened in 2006 when I monitoring my trade. the usd spike up and eat my stop and I was left with $50.00 I won't recommed them to anyone.
I think most forex brokers re scam. Can one tell me which is good or fair in their trainig.
tq |
| Rating: Not Rated Submitted by: Chris (28.03.2008 13:29) |
| I traded FXCM for 2 weeks . I started winning as much as 21 out of 25 trades the first wekk. Going from $100 to $622. Then the following week. All my skills seem to disappear. I found that if I put in a stop...It was met with a spike that took me out. If I started to exit a bad trade and hit cancel instead, the market seemed to change direction. I averaged 60 pip a day and then they started playing me.One guy even called and asked for my strategy, like he had been monitoring my trade? |
| Rating: SCAM Submitted by: Trader (13.04.2008 04:36) |
| FXCM is a big SCAM-do not invest a single dime! |
| Rating: Not Rated Submitted by: jtrader Detroit (19.04.2008 20:13) |
Some of these comments are so lame they border on humorous. If you find that you cannot deal with the market on news days, why do you trade on news days? Just Google "forex news days, April" (or whatever appropriate month). Those are superb days for new, thinly-funded traders to go picnic or play with their kids.
Stick with good pairs. USD/GBP and/or USD/EURO. You can make as much money as you like with just those currencies. Trade into the 4 hour trend during the OVERLAP between the London and New York markets, which will be roughly 0700 to 1200 hours Eastern. If you are trading into the trend during this overlap window, you are in the game with the biggest banks and corporations on the planet. Just do what they're doing. Do not turn something simple into an unmanageable, complicated process. When you have these huge institutions shoveling 40 and 50 million dollars (or much more) at a time into the market, just follow along. Hitch a ride on the trend.
Stay the hell away from news trading. Then you won't be posting hateful sob stories about your broker in a forum like this. YOU DON'T NEED TO TRADE CURRENCY ON NEWS TO MAKE SERIOUS MONEY.
|
| Rating: Not Rated Submitted by: jtrader Detroit (21.04.2008 19:05) |
Back again with another morsel of hopefully helpful insight. There will be some who'll vehemently disagree, but IMO, an IB can be most helpful to newbies. Plain English, an "introducing broker". Do your due diligence and find one you like by Googling. IMO, the real bucket shops tend not to be listed by prominent IBs.
Apparently, the TV infomercials love to preach that forex is a 'round the clock rockin' money machine. Poppycock. First, don't trade on news days unless you have a really high tolerance for loss, no matter which broker you use. Next, come to the sandbox to play on Tuesdays, Wednesdays and Thursdays. Exceptions, NEWSDAYS. Use your preferred software that alerts you to TRENDS. Trade ONLY into a trend. It's the least risky, most profitable strategy you can employ. Set your trailing stop and ride that trend 'till it ain't no more!
Wanna get rich in forex? Go lightly on your leverage, heavy on your account compounding ...and get good at spotting trends.
|
| Rating: SCAM Submitted by: Jim Johnson (21.04.2008 21:34) |
| I wish to make known the dishonest practices of “FXCM”, the currency trading brokerage. I had a small “mini account” of about $500. On April 16,2008, @ about 8:50 AM EST, I shorted 1 lot GBP/USD. This trade was placed shortly after a news release, which after the usual initial volatility would have been a great short to ride down. After some upside retracement, followed by positive downside movement, which took more than 10 minutes, I placed a “stop/limit” order @ 1.97858, just above the last lower high on the minute chart. The GBP/USD was moving to the downside when I went back to bed (I live on the West coast). When I came back about 25 minutes later, my position was closed out. However, looking at the same minute chart, the GBP/USD AT NO TIME CAME CLOSE TO MY STOP/LIMIT ORDER. I called “FXCM” and the broker LIED and claimed I was stopped out 4 minutes after I entered the trade. I have asked “FXCM” for records for that day and they do not comply. Later that day, when I had cooled down, another person @ “FXCM” whose name is “Mike”, listened to me and said he would get back to me with more information. He never did. To which, I must conclude that “FXCM” is a crooked boiler room bunch of slimeballs, who have no compunction about ripping off the “little guy” trying to reach a part of the American dream. GODDAMN FXCM!!! |
| Rating: Submitted by: www.GlobalfxMgmt (30.04.2008 08:21) |
| Highly Reccommended |
| Rating: SCAM Submitted by: Leo (13.05.2008 02:36) |
If you loose with them they are sweet to you , as soon as you start gaining it back they will freeze your account, platform doesn't work on news, and slippage is out of control
|
|
Forex.com Reviews:
Rating: Submitted by: MAN (11.01.2007 18:18) |
| Not the best -but good. Platform is un-friendly. |
| Rating: SCAM Submitted by: Jane McTree (22.01.2007 19:22) |
| Worst broker. They make money when you lose. |
| Rating: SCAM Submitted by: Eric (29.01.2007 16:12) |
Worst broker. they hunt your stops, and never allow you to win! they liquidate your position when they see you win! If you want to kiss your hard earned money goodbye, then by all means trade with them!
Avoid at all costs. They are a bunch of thieves. |
| Rating: SCAM Submitted by: Kevin Coxen (31.01.2007 06:58) |
| they have liquidated my account when i was ahead on a trade |
| Rating: SCAM Submitted by: David (17.03.2007 12:20) |
They liquidated me when I took most profitable position.
One month ago I sent request for withdrawal for crediting my credit card and more than half month later it was done. |
| Rating: SCAM Submitted by: Doug (03.04.2007 09:42) |
| Rip off! This firm put me in an unauthorized trade, closed out a winning trade when I was trying to close out a losing trade. |
| Rating: SCAM Submitted by: anomymous (21.04.2007 19:57) |
| Hello folks... Welcome to the world of FRAUDEX, which is at least how you'll feel once you've been with Gain Capital ... same as Tradestation Forex Broker- BEWARE!! you have a position on, news happens, you get out and they claim you exited too fast.. cause they'll go after a stop that isn't even there anymore - aka stop hunting/fishing - and will screw you BIG TIME every time you get out with a profit, they'll get you in again with similar excuses... ABSOLUTELY INCOMPETENT!! I'm so dissapointed and Disgusted I feel like giving up on Trading Forex... my question now is .. since abuse of customers is so wide spread amongst these forex brokers, WHEN THE HELL WILL THE GOVERNMENT STEP IN AND REGULATE THESE CRIMINALS?!?!?! CAUSE THAT'S WHAT THEY ARE!! THEY'LL TRADE AGAINST THEIR CUSTOMERS AND NOONE IS DOING A THING ABOUT IT .. SO THE ABUSES WILL CONTINUE AS LONG AS THE GOVERNMENT(S) DON'T DO A THING ABOUT IT!!! STAY AWAY, CAVEAT EMPTOR!!! YOU WILL LOSE MOST IF NOT ALL YOUR MONEY LIKE MANY HAVE - IF YOU DON'T BELIEVE ME CHECK OUT OTHER FOREX RATING WEBSITES AS WELL- PEACE! |
| Rating: SCAM Submitted by: Forex.com (15.05.2007 22:00) |
| On a weekend using the excuse of a technical hick up, my position was liquidated. Scam. |
| Rating: SCAM Submitted by: ADAM (09.07.2007 20:57) |
| they take swap away from you but never give it to you, they also take the cents from your profit and never give it to you. |
| Rating: SCAM Submitted by: rob (03.12.2007 15:03) |
| Avoid Forex.com. Never open an account with them, never send any money...if you have done it close the account and move somewhere else.....I've had a hellish beginning with them...I had bad feelings but Ithought , what's the heck ...people entrust them with millions of $ , they would not scam me of measly $1000 which I intended to open my account with. When I filled the application and sent to them I was asked to provide them with two pieces of Id, one of Id verification and one for place of living. I am Canadian ...I sent them Canadian Citizenship card and driver Id with address. I was also pushed into sending money before even the account is open (to speed up the process) ...So I did..... Then I am getting response that the driver's liocense is O.K. but my Canadian Citizenship card is NOT GOOD as an ID document BECAUSE IT DOES NOT HAVE !!!!!!!! EXPIRATION DATE!!!!!! (Like citizenship is something expiration date should be put on)). So I sent my government issued health card, containing my address and expiration date ..... NO good ....It has been already almost a month since I started the application process ...They requested some utility bills or other correspondence ...citing some HOME INSECURITY LAWS or some other NAZI GESTAPO RULES ...I felt interrogated like some criminal or Terror Suspect...I went to another company, which is reputable ... they opened the acxcount with only driver's license ...no questions asked within 1 day. I decided to not bother anymore with Forex.com. I called the company and requested my money back ...the lady from customer service started first to do pitch sale to discourage me from withdrawing the money...I said no ...I told I want my money back She promissed to wire them immediately ...she told me also she does not need any wiring instructions since she knows where the money came from ...... After few days I called her to enquire about the status of the wire transfer...She told that she did not wired the money because I should sent them "Wire request form with signature"...This is what I've done it..... waited another 10 days ...money did not come to my account....I called the lady again ...She tell me that they cannot comply with the request because I don't have account with them ..... pitching me again to open the account ....I refused ...so she told me that then I have to go to my bank and make "RECALL" of the money ... it is what I have done last week ...over 5 days ago .....Today I checked in my bank ...THE MONEY IS STILL NOT THERE....The bank is going to trace what has happened to the money ......I am waiting!!!!! More and more impatient... DON't DEAL WITH FOREX.COM ...they are crooks and scammers .......They will scam you from the beginning and you will fill like a crap after you get s*cked into their game ....... R |
| Rating: Submitted by: Lins (25.12.2007 19:54) |
| great service and tools fast tranfers very happy |
| Rating: SCAM Submitted by: Anonymous (15.01.2008 17:17) |
They keep calling you asking for information and persuading you in a russian accent.
After you have not made a real account they keep on spamming your email with forex course offers... |
| Rating: SCAM Submitted by: LC (24.01.2008 14:29) |
| I opened the dummy free account just beacuse I have seen them advertised on MSNBC. A lady with a very heavy asian accent kept calling me everyweek. I told her that was a free account to get some practice. And of course several emails later and calls I figured as much this was a scamm. I do trade stocks on Ameritrade and unless I needed some assistance, they never ever bothered me. If this was a legit business, they wouldn't have needed to bother people that just opened a practice account. |
| Rating: Not Rated Submitted by: D (02.02.2008 19:24) |
| Never received one solicitation from them regarding training course and as a telecommuting graphic desiger im very sensitive about my business email. I'v made money but the only time I ever lost was due to my greed and urge to take bad positions...when in college i was told to be drafted by the White Sox would be something terrible and never to sign for their organization s*cked at the time. If I would have listen to that idiot I would have never received and experienced the opportunity. |
| Rating: SCAM Submitted by: Angel (18.02.2008 08:48) |
| If you have money to burn, Forex.com is the place for you. There are just too many ills to mention about this company. It would be nice if the nfa really did it's job and investigated these companies before unleashing them on the unsuspecting public. |
| Rating: Submitted by: Maxwell (28.02.2008 02:18) |
| Been trading with them for 3 years, never had a problem. Good platform, spreads, news & comments. Helpdesk are fine. They also pay interest on your balance. There is also many tools available to assist you. Touch-wood they won't shaft me like FXCM did! |
| Rating: Submitted by: buffy (29.02.2008 09:30) |
| I have had a practice account with them and I don't trade a lot but when I do step up my trading the trouble starts. They put me in two positions that I never inichiated. They told me I placed a limit order and I didn't I am glad I never gave them real money, I was about to. |
| Rating: SCAM Submitted by: Greg Smith (12.03.2008 23:53) |
| They hunt your stops and the upward (or downward) movement will be determined by the amount of money you have to lose. I have recorded, using three separate accounts, that each time I earn a profit, that profit is taken on the 'next' trade based on how much money I have in my account. For example, in 100% of the closed positions, the market price reversed 1 pip above or below my available position. 1 pip. Last night, Forex.com closed my EUR/USD position at 1.5573 when I could afford 1.5572; this happened at 5:42pm and then the price dropped 60 pips immediately after closing my position. This has now happened more than 100 times, using 3 separate accounts that I set up using three names; my wife's name, my name and a friend's name who agreed to put $1,000 into our test. Forex.com are simple fraudsters, nothing more or less. They manipulate the market based on their client's data (i.e. balance of account, stop or limit orders, current position). With this data anyone with a trading account could manipulate the market and that's what they do. Think about it. Answer one question: In 100 tests, why does the price reverse 1 pip after closing my position regardless of whether I am buying or selling? If you can answer that question email me at greg@w3rez.com. |
| Rating: Not Rated Submitted by: Andrew (09.04.2008 05:48) |
Great company. Good service, great opportuneties, nice bonus program.
|
| Rating: Not Rated Submitted by: jtrader Detroit (19.04.2008 10:06) |
Why do 95% of retail currency traders lose all their money? Is it all because FXCM is a big ripoff? Is it because FXCM is one of the classic "bucket shops"? Is it possible there's any more of an issue than this?
If I sit in front of my computer and "day trade" currency with a slot machine mentality, I'm gonna lose money. And if I must do this on so called "news days", using 100 to 1 leverage, I'm gonna lose lots of money much faster. My choice of a broker is not the core issue.
Forget your news trading. Do what the banks do. Model the world's biggest corporations. Trade at low leverage and enter a TREND. Ride that trend like a surfer rides a wave with a 20 pip stop loss until your preferred software tells you the trend is finished. That could be 24 hours, or as long as 2 to 3 DAYS.
At least until you've proven to yourself that you consistently make small amounts of money trading at very low leverage, DO NOT TRADE at high leverage. Start with very LOW leverage and come up slowly. Really slowly. If you are trading at low leverage with proper account management AND you enter a trend, there's no reason to sit in front of your computer. Let the trading platform do it's work and go about your daily routine . Go grocery shopping. Or go play.
And to head-off my many critics at the pass, NO, I do NOT work for FXCM. But I know that forex will take all your money and smile about it ...if you come to the table with that "slot machine mentality".
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| Rating: SCAM Submitted by: Pip Deception (02.05.2008 21:49) |
This is a copy of my post in other page. Don´t waste your time in FRAUDEX there is no SERIOUS broker in any part of the world isn´t???
Plase come on we were oparating FRAUDEX for almost a year and Half, I know all your advices, ok ok 1 year and a half Don´t said you are a Trader. The fisrt 6 months we lost money the next, again lost money, and finally we start making good trades, the money start coming with patient and all your divine advices my Master.
And finally the withdrawals!!! The fisrt one great!!!, The second one Great!!! The third one… Ok Ok PHONE CALL… FOREX.COM may I help you. You know the process. I could tell you all the kind of stories, urban legends, myths everything they could invent, at this we are very dissapointed, no more withdrawls. This is a waste of time. FRAUDEX S*CKS
Good bye my master!!!!
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| Rating: SCAM Submitted by: junior (09.05.2008 11:05) |
| change up the technical indicators to get you out of winning trades, their highs and lows for the period 'mysteriuosly'coincide with your stop loss orders, they will use the volatility of pairs like gbp/jpy to constantly stop you out, yet when you check the rate on a live feed...your stop shouldnt even be touched, Pressure you to open an account and the list goes on.....it took me a loss over $25,000 to realize what this company was about...i am from jamaica west indies and i feel i've been robbed. their must be some legal recourse, is there? |
| Rating: SCAM Submitted by: L (12.05.2008 12:53) |
| Please do not trade with Forex. I left a deposit of $250 and within two weeks I lost about $200.. I am very frustated with this. They keep liquidating my account any how. Most of the time when I click on a currency that seems to be rising, it immediately starts to fall and I get to loose. |
| Rating: SCAM Submitted by: Jocke (15.05.2008 17:05) |
| I cant get back mony after i register! I wanted to change platform becouse the one they use is not good enouth for me. Then they complain about same adress is not right thats why they cant transfer back the mony i transvere to them. I wondering what my adress have to do whith that. If i transver mony to them 1 hour earlyer whith my credit card and they accept it. But when i want to take out it then its wrong whith my adress. As long as the mony go to them then its ok but when mony go from them then its problems. |
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Oanda Reviews:
| Rating: Submitted by: mojo (06.01.2007 23:07) |
| No problems with this broker. It is agreeably that spread is low and that there is no minimum amount of money that is needed to begin a real live account. |
| Rating: SCAM Submitted by: Anny_s (06.01.2007 20:00) |
| There are a lot of good reviews about Oanda on the forex forums. I think it is SCAM. I know people who were fooled by these reviews. I suspect of the Oanda stuff writing fake reviews in forums. |
| Rating: SCAM Submitted by: Dandy (15.01.2007 13:08) |
| I don’t trust to this market-maker. Be carefull with them. |
| Rating: Submitted by: FX-trader (15.01.2007 21:09) |
| I have to say I don't like OANDA. They don't have most of important tools such as trailing stops, OCO's etc. Not to mention the famous slippage. |
| Rating: Not Rated Submitted by: Goody (25.01.2007 01:06) |
| The software is very nice and easy to install. I can’t say anymore course I am newbie. |
| Rating: Submitted by: samer (12.02.2007 23:42) |
| They don't have most of important tools such as trailing stops, OCO's etc. Not to mention the famous slippage. but they are honest and very good spread, |
| Rating: SCAM Submitted by: Dave (01.03.2007 08:25) |
My friend and I trade the forex together. He had an Oanda account. At first, all was ok. But as soon as he started trading consistently successfully, the BS started. They would widen the spreads to 25 Pips(!!!) on the littlest of news announcements. He wasn't a news trader but he couldn't trade with them for fear of not being able to get a trade filled when he needed to because of ridicuolous spreads.
Bottom line, Oanda caters to losing traders. If you're successful, they will force you to go away.
Conclusion: They trade against you and if your good you lose them money.
Don't trade with them. |
| Rating: Submitted by: Pavilion (11.04.2007 05:48) |
I’ve been with Oanda for over two years and haven't had major problems. Currently have around $100,000 with them. They certainly aren't perfect, but they do plenty of things that are great.
Open a game/demo account and test for yourself. Note though that their game accounts are on different servers than the live ones, and that they use the game accounts for testing new features, so you may experience some technical problems every now and then. Also they are open on the weekends, but the spreads are much wider during that time - other brokers close access to their platform at this time.
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| Rating: SCAM Submitted by: K.M. (18.05.2007 20:06) |
| Their software always shuts down during NFPs, not only for a couple of minutes but for hours sometimes...and they have no phone service where you can call in trades....wonder why that is??? Probably so they can trade against you and you can do nothing about it. Total Scam.... close my account with them a whil ago and only trade with FXCM now |
| Rating: Not Rated Submitted by: trader (18.06.2007 03:29) |
true email from Oanda:
Thank you for your interest in OANDA Corporation and for trading on our proprietary FXTrade™ platform.
The Customer Agreement which you accepted when you established your FXTrade account allows either you or OANDA to terminate the Agreement without cause at any time (ref: FXTrade Customer Agreement, section 26(a)).
In accordance with that section, we have elected to close your FXTrade account and to terminate your Agreement with OANDA, in full, effective at 5:00 pm Eastern time on April 19, 2007.
At that time, OANDA shall, without liability or further notice to you, and in full accordance with the terms of the Agreement:
(a) cancel all of your outstanding orders;
(b) initiate close out orders for all of your open positions; and terminate all of your BoxOption™ contracts prior to the period of time bounded by their boxes;
(c) deduct from your FXTrade account all unpaid amounts you owe to OANDA, if any;
(d) refund to you all amounts remaining in your FXTrade account, if any; and
(e) close your account.
You may issue closing trade orders on FXTrade at your convenience up until 5:00 pm Eastern time on April 19th, 2007. However, we ask that you refrain from issuing any orders on FXTrade that open new positions or increase existing positions that you may already have. Any such executed orders will be reversed by OANDA.
If you have any questions concerning the process described in the preceding paragraphs (but not the decision to close your account which is final), please do not hesitate to contact our customer service department by replying to frontd...@oanda.com <
mailto:frontd...@oanda.com>, phoning us at +1-212-858-7690, or chatting through our Live Help chat service by clicking on the link in http://fxtrade.oanda.com/feedback.
Yours truly,
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| Rating: Submitted by: Patrick (18.10.2007 12:30) |
| I've been with Oanda for 2 years now. So far, no major problems. The spreads are widen sometimes during the news and the low liquidity periods. I wasn't surprised because this was pretty much standard for all brokers. I like the variable lot size they offer. It really fit my strategy well. The only reason I didn't give them 5 star was because they don't insure customer's deposit in the event if they go bankrupt or insolvent. Therefore I only trade small account (10K+) to practice my trading skills. |
| Rating: Not Rated Submitted by: scalpter1 (10.11.2007 10:34) |
| Oanda is has a very platform but as soon as you make some consistent money they'll delayed the executions; I lost 50 almost 50 pips on just one trade because of the delay. |
| Rating: SCAM Submitted by: NotoOanda (05.12.2007 04:16) |
I trade Oanda till 2007, and I think they are scams.
Spreads would increase to 20 or 30 pips upon news.
They would hunt your stop and make you lose, because they are taking the other side of the trade.
Stay away.
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| Rating: Not Rated Submitted by: Richie (07.02.2008 14:17) |
| Oanda is fine, but they would be much better if they would add trailing stops, OCO orders, be able to straddle the account (long/short) and increase the leverage to 100 to 1. |
| Rating: Submitted by: technamental (28.02.2008 19:49) |
| Fair treatment of spike errors, fractional lots, no minimum balance, open forum, interest paid by the second, weekend platform access, low competitive spreads, instant fills, and low slippage are some of the reasons I trade with oanda... oh yeah, and high frequency trading is allowed... |
| Rating: Submitted by: shock (12.04.2008 12:06) |
oanda will tell you they have no problem with intraday trading or scalping for that matter. but they will have a spread of .9 pips and execute your trade for 2.9 pips off of quote and then on the back end get ya for another 2. they seem to have no problem executing a trade at the quoted price when in the red. now in their traders bill of rights they claim ev1 should be like them and be fully "100% automated (instant execution and settlement)" and you the trader should not have to put up with anything less.
they say they have transparent trading and they "work to eliminate the hidden processes in pricing and execution that exists elsewhere in the forex market" lol RIIIIGHT... .9 = 6
they say "access to the forex market is overwhelmingly controlled by a handful of market makers whose intervention does not act in the best inerest of traders"- they should know, they are one of the biggest ones. .9 = 6
they say " execution and price are a function of the MM's greed" - yes it is and they do it well (.9pips = 6pips)
they also say that "retail traders accepting these "bad practices" only perpetuates the problem". and i do believe that one. why do we have to accept this poo? if their were no retail traders they would have to feed on each other.
I could go on and on about stuff they say the OTHERS do, and yet they do it the best. but i still have an account with them. why, because i can still make a profit and i don't have enough evidence to cause them pain yet. give me another week.
hey, btw did you all know that $148 really is $99 LOL when it's profit anyway.
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| Rating: SCAM Submitted by: Seeking Honesty (18.04.2008 16:17) |
SCAM
Oanda says "1 pip spread", but they turn tis into 7-9 pips by price leaning.
When I compare Oanda prices to outside charts from e-signal, if the price is rising Oanda will be 3-4 pips higher. If the price is starting to fall on e-signal, Oanda will be 3-4 pips lower. Thus they pick up an extra 6-8 pips on a trade. They should just tell us they have a 7-9 pip spread.
And if the market is busy, their platform fails--no access to trading. |
| Rating: SCAM Submitted by: spanky (23.04.2008 02:59) |
claims "no dealing desk" "100% automated"
what they mean is no human dealing desk. just like the rest of the MM have a computer do it for them. which means the computer takes out the risk for them and adds it to your risk i.e. 95% losers. they will give you what's called an acceptable requote (1-2 pips) on both sides of the trade. price shading to keep you from taking a profit if they can.just as bad as the "others" THEY CLAIM TO BE BETTER THAN. |
| Rating: SCAM Submitted by: gigi (08.05.2008 04:13) |
| stop loss no executed.The price was 30 pips below my stop loss and the position was still open.They executed the way back when touch again that price.I closed my account with them. |
| Rating: SCAM Submitted by: oanda sucks! (08.05.2008 04:28) |
We are in 2008.We send robots to Mars soon the men will go there too....
And Oanda still have server problems ,conections problems...Can you realy believe this??I don't have any proof but I think THEY cut the connections for their dirty games.If you are a scalper stay away from Oanda.Thaey don't know to make money from trading but they are so good in taking your money in a dirty way and playing with your mind. |
| Rating: SCAM Submitted by: anoni (08.05.2008 04:41) |
connection = s**t +
slipage = s**t +
slipage on stop loss = s**t +
platform = s**t +
trailig stop = s**t +
affidability = s**t +
scalping = s**t
________________________
= OANDA IS A BIG SH*T |
| Rating: SCAM Submitted by: merio (08.05.2008 04:52) |
| When you open a position with Oanda BE READY for this :you cannot access your account for trading. |
| Rating: Submitted by: Smokey (08.05.2008 22:17) |
Great Company. Excellent customer service!
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Marketiva Reviews:
| Rating: Submitted by: Linda Roo (08.01.2007 11:07) |
| Now it is the best broker. This trading platform has clear view for the charts , essential indicators found, lowest spread even during the news, no commission, no interests. |
| Rating: Submitted by: qwerty (08.01.2007 19:38) |
| This platform is very reliable. It is easy to work with them. Currency charts are very comfortable. Support is extremely helpful and efficient. Deposits are automatic and withdrawals fast. |
| Rating: Submitted by: sun (16.01.2007 01:30) |
| I understand people who say that their chat support is absolutely crazy!!! :) |
| Rating: SCAM Submitted by: Scam Police (18.02.2007 15:13) |
| British Virgin Island is the best place for scam company |
| Rating: Submitted by: Cezario (20.02.2007 17:47) |
| Seriously, worst help line EVER!!!!!! |
| Rating: SCAM Submitted by: Budhi (25.02.2007 13:44) |
| Don't trade with them, cause you don't know where their office, they just have email, no phone number or fax, no fix address. And when in news their spread will change so higher. Their support is nonsense. They deceiver |
| Rating: Submitted by: razergold (03.06.2007 10:08) |
Marketiva is improving nowadays and I would recommend to trade. I have been with Marketiva for more than 1 year and I will continue my trading there.
Good job. |
| Rating: Submitted by: Gabriel (06.06.2007 14:43) |
Great broker!, i have been trading with marketiva for over a year. There is no swap charged, support the 24 hours and the positions are closed without slippage.
They introduced funds trading (like shares) and lowered the spread a month ago, i dont think there is any other broker better than marketiva now. |
| Rating: Submitted by: ilikeit (25.06.2007 00:54) |
| i like marketiva as i can get free $5 on register, no swap, no interest, no commission. its support channel is so helpful especially for newbies. chat channel is good to meet forex trader around the world. try this for free! |
| Rating: Not Rated Submitted by: Nomaden (29.06.2007 00:52) |
If they used Moneybookers and credit cards for depositing .. maybe I'll trade with them .
Why they don't want to use Credit Cards or MoneyBookers? because these two need address verification? hehehheheh ... yes address .. something that they didn't have ...
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| Rating: Submitted by: raul (03.10.2007 17:09) |
| Is it possible for marketiva to have a bank account where to deposit through wire transfer, and will not have an address? |
| Rating: SCAM Submitted by: poor (25.10.2007 10:56) |
| the price rating totally different if u use 2 pc |
| Rating: SCAM Submitted by: Paul (12.11.2007 13:15) |
| You gain on demo and lose on live. they close the trade even when you have not asked them to. They also Freeze the trade when they discover that you are making gain. They are a big cheat. |
| Rating: Not Rated Submitted by: Jingrabos2008 (19.02.2008 05:31) |
| Marketiva is not registered with any authority bodies in any country. They also like to hide their office address. If they sincerely in their business, why they do not want to be transparent. They like as scammer. I think if they make loss in their business and cannot servive any more, they will run away with all your funds. |
| Rating: SCAM Submitted by: gigi (08.05.2008 04:56) |
| When you read "No commissions or exchange fees on your trades - you can trade as much as you like" just RUN my friend.Save your money... |
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FXOPEN Reviews:
| Rating: Submitted by: Cyrus Greenback (21.09.2007 11:42) |
I've been with them for 6 months. No problems to report. Support is responsive, spread is low and fixed, and I've only had one instance where the platform disconnected for any length of time.
The best thing though is that I can trade rare currency pairs like gbp/nzd and gbp/cad which you cant find on at many brokers.
They also have a bunch of bonuses from a $25 forum bonus, to $100 rebate after trading 10 lots volume. All in all a good broker. I've definitely traded at much worse places. |
| Rating: SCAM Submitted by: Jonn (16.11.2007 01:48) |
| FXOPEN is not a true company. Its Registration name is different from fxopen and the bank beneficary name is totally different from FXOPEN and Registration Name. |
| Rating: SCAM Submitted by: Indonesia traders (20.11.2007 23:30) |
| Be carefull with this broker, I hve been deposits at fx open but I can not withdrawal, so I think fxopen is the specialist of deposit broker only, and fxopen can make their web with a few explanations "DEPOSITS BROKER ONLY, CAN NOT WITHDRAWAL" |
| Rating: SCAM Submitted by: Steve (13.03.2008 07:50) |
| Be careful guys. Fxopen cancelled all my winning trades. I lost my money over $ 600 in that case. Fxopen is not a fair broker. Fxopen will do anything to make you lose. |
| Rating: SCAM Submitted by: Tunde (13.03.2008 15:37) |
| These are scamming specialists!! I saw the price of my entry orders manipulated before my very eyes just after a news event - TWICE! - to stay just ahead of the price until the trade was turned into a loss! They also cancelled a buy entry order that would have fetched me fifty pips!! Thank God I was just trading a little amount of live money with them. IF YOU WANT TO MAKE PROFITS PLEASE STAY AWAY FROM THIS BROKER. |
| Rating: Submitted by: Gori (08.04.2008 03:11) |
| Pretty interesting to read reviews on the bottom but from my experience I can say that there is nothing to be afraid with FXOPEN. The best and easy to use trader's cabinet, easy to depo and withdrawal, and withdrawals are paid during the working day. I satisfied with their metatrader which works fine. I like their support which is even in russian language which is easy for me. Trade at fxopen. |
| Rating: Submitted by: Gito, Indonesia (09.04.2008 05:35) |
| I am client of FXOPEN IB FXind and like allservices and support I get. I can say that withdraw is made fast comparing to other brokers I used. |
| Rating: Submitted by: Vitaliy (09.04.2008 07:42) |
| I got my withdrawal from the bonus it really work fine and fast!!! I scalped much and made some money and get some money from my referals with the referal programe. I love forex and thank you Fxopen. |
| Rating: SCAM Submitted by: Jan Yang (17.04.2008 05:13) |
| I asked for the payment and not sent me and disappeared from my account! |
| Rating: Submitted by: Rick (17.04.2008 08:46) |
Opero em conta real faz 1 ano pela www.forexbrazilian.com (FXOpen)e até aqui nunca me decepcionaram.
Desejo muitos anos para essa corretora. Recomendo.
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| Rating: SCAM Submitted by: jack (28.04.2008 16:12) |
have reqoute that always lose trader.
Stop hunting.
Dont answer to email of clients.
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| Rating: SCAM Submitted by: ali (30.04.2008 15:11) |
I think fxopen is offline broker.
Fxopen was good broker in the start for many months.
BUT after a few month start to do anything to lose trader.
Change order --stop lose hunting ---disconnect server when trend hapen.
often diconecct when strong diverjenc hapened.
Requote for lose your mony and profit broker.
I THINK FXOPEN use PLUGIN by MT4 server that LOSE TTTRRRAAADDERR.
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| Rating: Submitted by: Gintaras (02.05.2008 10:05) |
| Woo-hoo, so many bad posts about company, and I think that most of posters do not even have accounts with the company. If you want me to show my withdrawals history no problems just ask, but this broker withdrawal fine. By the way it is one of the few which withdrawal without any problems like most of meta brokers have. If you like I can post so many stories how brokers cheat, use slippage, wrong prices but not about this broker. P.S. received my 18000 withdrawal without any problems. |
| Rating: SCAM Submitted by: alex (06.05.2008 14:05) |
Fxopen is one of the scam forex company.
If wish to lose all money then go to fxopen trap.
Requte for losing trader.
Modify order and not guranty sl and tp.
Stop hunting and shadowing for lose traders.
Dont answer email of client.
If you have position that be profitable then often diconnect server for you to give you less profit or losse.
This broker already was ok but now is BIG SSCCAAMM.
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FXDD Reviews:
| Rating: Submitted by: Jan (20.01.2007 01:09) |
| I have been waiting a month to get the email with my problems corrected. |
| Rating: SCAM Submitted by: Mark (10.05.2007 17:56) |
| Had an account with them, which was somewhat ok. Their service s*cked and then I looked into them further and it turns out they are no regulated ANYWHERE!!! I really think that shows haw little they care about clients, I mean, you can't get your act together to meet minimum regulation requirements???? I would saty away before they close their doors and run off with your funds... |
| Rating: Submitted by: Chris (26.05.2007 14:37) |
| I am more than happy with my trading account. They are part of the company TRADITIONAL. Very reputable. |
| Rating: Not Rated Submitted by: FX Jedi (13.06.2007 17:18) |
| The cry of "regulated" argument is the most pathetic one I see over and over again from total amateurs. People will note and remember that a lot of "regulated" and "licensed" and "bonded" firms go out of business or just outright scam people. FXDD's parent company is not only huge, but very reputable. Being "regulated" means crap. What really matters is their track record and reputation. Never look for "regulated" company as your sole decision. Lot of our governmental agencies are regulated as well. A load of bullshit. |
| Rating: Submitted by: maxim markets (24.08.2007 22:49) |
| I have not had a problem with FXDD. Spreads do not widen during news but sometimes i still think they stop hunt. but compared to ibfx, they are great. not sure if they have a dealing desk though. |
| Rating: SCAM Submitted by: howard (10.09.2007 18:42) |
| i inquired about there N.F.A and F.C.M. registration numbers before i opened a live account and it turns out they are not even registered at all. i think this is highly indicative of a scam as this means they are not regulated at all. |
| Rating: SCAM Submitted by: Peter (12.09.2007 22:23) |
had a demo and live account for 4 months, face three technical problems lost $4000 without any refund, demo account is contradict with live account with same strategy and same dates, MTA3 doesn't let you hedge some times specially when you needed, MTA3 and FXDD Auto doesn't sync specially when the market up and down, Trading systems can open many trades more than the max they have in the schedule and you spend hours chasing support to make them aware of you problem. be careful they are are out of USA, they use phone transfer from (212) they can hid very easily.
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| Rating: Submitted by: Steve (22.01.2008 15:53) |
| I have had good results with them. From what I have heard from other traders, if there is an issue, they are quick to solve it. I called customer support a few times and was treated well and my questions answered correctly and in a timely manner. |
| Rating: Submitted by: Chris (23.01.2008 14:03) |
| Im happy so far. I like the free market commentary. |
| Rating: Submitted by: newbiefx (05.02.2008 09:01) |
| Opened a demo account with them. Couldn't figure out buy stops as I was new to trading. Called customer support and they were excellent. Wish I knew who I spoke with. First rate service. Will leave feedback again after I switch to live later this month |
| Rating: Submitted by: Bill S (18.02.2008 10:12) |
| Real account, very happy with free services like the new daily video commentary right off of the website. |
| Rating: Submitted by: Valuted72 (12.03.2008 16:00) |
| Overall a great broker. No complaints. Try them. |
| Rating: Submitted by: Bill Parsons (27.03.2008 10:51) |
| Saw the tip about the free videos here. ForexRealm is a great resource. Here is the link to the blog with videos http://forex.fxdd.com 4/5 Good broker too. |
| Rating: SCAM Submitted by: lance (06.05.2008 08:41) |
| They scam me out of $500. When I try to scalp, the meta trader platform kept giving me requote and other problems. I called fxdd up and they told me that it was my internet connection, i don't think so. I have a cable connection and my internet never have issues. The only issue happens when I trade forex. I was making money at first until fxdd started to mess with my account. Everything went downhill from there. The only reason I trade live with fxdd is because they have a good review. I guess you can't really rely on reviews until you have it for yourself. I would not recommend scalping with this broker. |
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North Finance Reviews:
| Rating: SCAM Submitted by: Smth (25.05.2007 08:06) |
forget these guys they are a set of online robbers, the worst scammers. MY WARNING IF YOU WANT TO LOOSE YOUR MONEY, I BET YOU THE BEST BROKER IS THIS NORTHFINANCE they are from cypros and are not regulated. they ateup all my money by frezzing and refusing trade exit when you are loosing.
THEY ARE A BUNCH OF DECEITFUL FOREX BROKERS. |
| Rating: Submitted by: jackie (17.06.2007 18:04) |
| I have been trading with them since 1 year ago. So far so good. The best thing about them is that their trade station (meta trader 4) allows hedging. Compared to FXCM (the BIGGEST money scam company), Northfinance is definately much better. |
| Rating: SCAM Submitted by: dado (20.06.2007 08:24) |
| This is a biggest scam in forex world, RUN AWAY WITH YOUR MONEY, DO NOT TRADE LIVE WITH THESE SECRET CRIMINALS.THEY ARE NOT TRADING FOREX THEY JUST TRADE YOUR MONEY AND PLACE YOU ON SIMULATED TRADE. |
| Rating: SCAM Submitted by: Mike (27.07.2007 07:48) |
| I checked these guys out because a friend recommended them. I was not impressed by their lack of support and on top of that their financials are definitely scary. I would not let these guys have a penny of your money! Afterall, they are based out of Cyprus and Belize - precisely what I would expect from a scam. I told my friend the info I had found online and he too closed his account...not worth it. |
| Rating: Submitted by: market wizard never retrace (01.10.2007 07:20) |
| 1 year i trading using this broker. 2 thumb up for ibfx.. very nice suport and services. |
| Rating: SCAM Submitted by: wale (17.12.2007 08:22) |
| north finance are criminals. when i noticed this fraud i wrote the but, they refused to reply.DONT TROW AWAY YOUR MONEY.dont trade with north finace |
| Rating: SCAM Submitted by: desta | |
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