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Loyal Forex reviews & ratings
See below for Loyal Forex reviewsAverage Rating:
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Discuss Loyal Forex on our Forex Forum
Loyal Forex Reviews
Name: ellie DAvidson
I think improved much over the last few years, i would try them again now
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Name: Chris
Been ripped off a few times online trading but that is why i appreciate this broker and i don't plan using anyone else for a long time
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Name: Calvin
spreads are good and my trading robots seem to be doing very well especially fap
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Name: Jill
Been trading forex for 2 years. Very good broker with easy deposit and trading with metatrader
↑ Back to topPlease note that a review posted by "Jordan" is in regards to a bank named "Loyal Bank". Loyal Forex is and has never been associated or affiliated in anyway with "Loyal Bank".
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Name: ea TRADER
I have deposited over 10,000 and withdraw multiple times, trading offshore is the best. I wouldn't trade anywhere but loyal forex
↑ Back to topEveryone who thinks about opening an offshore account at the Loyal Bank should REALLY think twice as this bank is not reliable.
They have often frozen the accounts of their clients for no particular reason, it has happened so often that they are really known for that. Ask Capital Conservator.
They have constantly technical issues and to top it all, they are Qualified Agent for the IRS meaning that they report everything to the IRS. These are the big lines.
I know a few people who have been disgusted by this bank and could tell their own HORROR STORIES.
They do have a license in St Vincent in the Caribbean however they are not a real bank.
They have used a Turkish bank BIN (Bank Identification Number) to issue their card for years and if you wire more than $5,000 to your account, they automatically freeze the amount until you can prove that the funds are really yours.
Do not open an account with them, do your own research and find a REAL offshore bank that can assist your need, because the Loyal Bank is not the one.
Scam broker , Don't believe , 70 % reviews are fake or posted by the same person, Spreads are high, trade not instant execution its 20-30 sec delay. Beware of this folks, all reviews are 5 stars, its not by real person. Don't loose your money
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Name: Denis Staten
I opened my account in January 2011, started with a micro and eventually upgraded to the larger minimum lot size account with lower spreads.
I am a manual trader some of the time but also use an EA once in a while. I've had no issues trading either method.
In regards to other brokers I personally have dealt with I would rate them as one that I have personally had a better experience with. I trade profitably and have not had a problem obtaining my profits.
I do wish their execution was a tad faster, but it may be my connection. I am not totally sure, I tried a VPS and experienced the same slight lag.
I am not trying to speak for everyone or tell people what to do. I am simply saying I have had a good experience overall and would recommend.
Thanks!
I am looking for a broker, I can't trust a bunch of 5 star, one line responses. As another guy mentioned, they're not as descriptive as other posts on other site. I'll just keep looking.
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Name: Alice
Been around the block for a long time, this is one good broker that has everything you need.
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Name: Marcus Donovan
Saw an earlier post and want to clarify. I have been a client of Loyal Forex for the last almost year. I have successfully traded and never once had a withdrawal issue. Usually processed within 2 days or so.
I recommend as they are better than most others I have had the displeasure of dealing with.
Name: Henry E.
Been looking for a broker that I can ea and scalp. Signed up here and got rolling right away with good profits. Withdraws very fast, easy by email. Yea i will recommend
↑ Back to topThey will take yr profit if u start to get bigger in Equity. Sending emails saying that u violated their agreement. The agreement has been updated to point 25. talking about EAs ,arb,pick&snip techniques, which actually making money in the market. Simply said. They will rip u off yr profit in case u make some. Btw point 25 in agreement was recently added . Beware of these crooks !!! Dont get even close to them . We will work against this company to get them out of the business !!!
↑ Back to topOn the average me think they are O k. based on the peoples comment.
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Name: Harold
I signed up and am satisfied with their service. I just wish I was a better trader as the market moves quite fast
↑ Back to topAttention people! Looks like scam! All positive ratings have 5 stars. STRANGE!?? Looks like they vote for themself. The rest vote like scam
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Name: Sue
Service is good so far. nothing comes easily in trading but i see good execution and spreads are consistent, doesn't jump during news but stays low. No server down time, support repsonce is 2 hours max
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Name: Cher
Very good broker, Spreads are excellent, they have good reviews all over the web and i personally know people trading here.
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