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Forex Metal reviews & ratings
See below for Forex Metal reviewsAverage Rating:
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Discuss Forex Metal on our Forex Forum
Forex Metal Reviews
they are a scam. no answer for more than a week after withdrawal request.no answer on the phones. no reply of the emails. cust. support keeps copying the same answer-we'll relay your question to payments dept.
their bonus points requirement is almost impossible to fulfill and if one does, they change the rules.
i have been trying to open an account with them for days now still have not reiceived any help from them there support staff is useless if this is the service they give before u depoist funds imagine after when u want ur money im disgusted
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Name: niel
Forex metal is indeed one of the best trading systems I've dealt with. They provide helpful support and bonuses.
↑ Back to topI opened an account with Forex Metal almost a year ago. Yes, sometimes I was irritated with re-quotes that occued, but it happened not so often. They offer tight spreads for my favorite pairs, customer support is helpful,so I am really satisfied with their services.
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Name: Jeronomo
Forex metal is indeed one of the best trading systems I've dealt with. They provide helpful support and bonuses and I was able to withdraw my profit within 2 days only. However, I did get bothered when the platform starting using Market execution and not Instant execution instead and so I had to lose some profit and refix the EA script. As a result, I'm happy to stay with them for a very long.
↑ Back to topForex Metal tempts people to open accounts with them by providing bonus with no swaps account at the following link,
https://forex-metal.com/discount/discount05. I opened account with them on 13th of May 2010, I traded more than 1,500 lots with them up to 25th of May, but only 300 lots calculated to get the bonus (It was not fair to me). Afterwards they rose up 2 pips for my account without any notice, few days later; they gave me the following email:
Dear Mrs. Mei Ling Chen,
We believe that forex trading is a two-way street: it should be profitable to both parties. We make our money from hedging customers trades through other forex companies or banks. Your trading pattern over the past few days shows that you prefer to hold positions for a short period of time, ripping 5-10 pips profit in most cases. At the same time your friend gets 1 per lot in commission payments. Of course it is your choice how you want to trade, but in such circumstances we cannot keep extra low spreads and make profits from hedging. Besides, our counterpart where we hedge our risks has changed our trading conditions, this prompted us to act.
We are re-assessing the situation and if we can offer you something better, we will. Rest assured that we want to keep our customers happy, but at the same time we cannot put our business at greater risk.
Regards,
Forex-Metal Customer Support 31th/May/2010
I was forced to withdraw my money back; the money not belongs to me alone (two of my friends involve as well). I sent them 100K withdraw request on 25th of May; I shall get the money back at the end of May if Froex- Metal processed it properly. Unfortunately, they made the excuse like: One of our banks has a very strict anti-money laundering procedures for over 25,000 international payments. I asked them to separate into 4 wires, each one 25,000. With the help from PFA, they sent the first wire 25,000 to me on11th of May. But up to now, I have not heard from them regarding the next payments. I still have 75,000 with them. I am suffering a lot from withdrawal and trading experience with forex-metal. There is no way to contact their payments through the telephone.
I contact with their live chat twice per day. The answers are the same --- Please email your enquiry to the payments. I am under depression with this withdraw issue. What shall I do if they continually keep me waiting? Shall I report the government department which regulated the forex coms in Panama?
me never had problems with forex-metal and with the withdrawaing of my funds. also want to mention there very helpful support and bonuses.
↑ Back to topIs Forex-Metal a scam company?
I open an account with them on 13th of May this year. They rose up 2 pips for my account one week ago without any notice. I sent the 100,000usd withdraw request on 25th of May, but the money still in their bank up to now. Do you know this company?
Name: R. Higgins
from my 1+ year trading experience with this broker- forex-metal is trustworthy and reliable. They have much better execution than some other brokers I've traded with and their customer service is beyond praise-very good.
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Name: Kroll
I have a live account since 15 days. Very good MT4 broker with many funding options. 2 pips spread on EURUSD. Very good customer service.
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Name: Tom Trader
Forex-Metal closed (hit stop) one of my trades at 12 PIPs away from my stop. That was the last trade I made with them and closed my account directly thereafter.
Also found their support to be very poor. Would not answer phone calls - recording says they will return your call but it never happens. Email response also very poor.
Only thing good I can say is they returned my money without a hassle.
Name: C Stigall
Absolutely top-notch support, great servers, quick answer to inquiries. Easy account opening, quick order processing. Been with 4 others, definitely the best of them, plan to stay with them many, many years. Check them out here: http://www.forex-metal.com/affiliate/468/2
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Name: dixiessol
I\'m perfectly happy with them. They have my favorite platform MT4,it\'s easy and fast to open an account,many deposit options including PayPal and e-currencies. 2 pips spread on EURUSD. They also offer gold and CFDs.
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