Forex.com

- Forex Broker

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          16 Reviews

          1. Walter Chan:

            I WANT TO WARN YOU ABOUT THIS BROKER. THEY SOPED MY DEAL 20 PIPS AFTER MY STOP LOSS TIME LIMIT. THE SUPPORT GUY TOLD ME THAT IS NOT ALLOESD TO GO DOWN MORE THAN 20 PIPS. THEY DID NOT AGREED TO GIVE ME A COMPENSATION FOR THE ERRORS CAUSED BY THEIR TRADING PLATFORM. THERE IS A BIG CHANCE YOU THAT WILL LOSE YOUR SEPOSIT.

          2. Zbigniew:

            I traded with them for a while. I do not advise you to do the same.
            After a long period of time with no trades the broker charged my account with $40 per month. When I asked what is the reason for this, they just said that their regulations allow them to apply such measures.
            I will never go to that site again!

          3. Mo:

            This broker will cheat on you! In just one day I lost $11,000. Everything was OK with my account and my trades but when I logged in the morning I was shocked. I am trying to intend them a law suit because I don’t want to let this bastards get away so easy. I want to be my own lawyer so that they will lose big money on lawyers trying to defend themselves. If they will not return my money I will make them regret this very much. All those traders who are in the same situation as I am are welcome to join the case.

          4. Eric:

            I registered at Forex.com in 2009 and being a newbie trader lost almost $52,000. It took me a while to realize that the broker was trading all this time against me. They succeeded to eat up my entire deposit. I may have done some mistakes but not so many to lose all my money. Just do a research before registering an account on a forex site.

          5. Tom Richards:

            I have a big experience trading with Forex.com and I’m satisfied with the results.
            The trading platform is great and the withdrawals are fast. The spreads are very low and if you will have a problem the customer support is always there for you.
            Btw. You can make deposits with your credit card even if is not listed among the payment methods available.

          6. Michael:

            I’m with Forex.com for quite a long time now and never had big problems. This broker offers the best spreads you can get. I don’t understand why each time a trader loses his money he starts to blame the broker: “thieves, cheaters, scam etc”. It’s ridiculous.
            Learn how to trade better and forget about losing all your money.

          7. L. Davis:

            I registered a mini account on this site and funded with $500.00 and in one week I had a profit of $61,00. This is my review about this broker after my short experience with them.
            First of all I have to say the server is very slow. A I mean VERY,VERY,VERY SLOW! I noticed that there is 5 points gab from the end of a candlestick to beginning of other candlestick. I’m trading on three platforms that are placed side by side on my screen. One of my platforms is on H5 and the other 2 are on H15. There is constant movement going on there in time that my account doesn’t register any changes. This is not at all indicated for currency trading.
            Forex.com does not use a 5 digit decimal number as other forex sites do. Their number has only 4 digits. I have experience with manual trading as well as with automatic trading and I can say that the 4 digit automatic trading is very slow. The server speed causes most of the problems during your trading activity.
            The broker claims to offer a two point spread but yesterday I observed more than 3 spreads when the market was ready to close. When I tried to close my position they have given me a requote. A total disappointment with their attitude.
            The best part of this broker is the fact that you can open an account very fast and easy. In 24 hours you can start trading.
            I will soon leave this broker and try to find another one with a better attitude towards its customers. I will request a withdrawal and then I will return with some more comments.

          8. Osama Noufal:

            Whatever you will do you will eventually lose money. The broker will always chat on you!

          9. Francois:

            I registered one account with MetaTrader and another one with Ninja Trader. Till this day I’m satisfied with their services. Their Strategy of the day (SOTD) brings me nice profits every day.

          10. Mosiori:

            I traded with Forex.com and I lost a lot of money there. I think I became addictive to this forex trading because I keep returning on their site even if I lost all my money. I am hiding from my family and my friends so they won’t find out about my problem. I’m confident that I have improved my trading skills and I will probably search for other forex broker to make trades.

          11. Sanjay:

            I had big problems with matching their DOB and the Social Security number and I couldn’t get into my account. I tried to prove that their database is not correct but they just would not listen to me.

          12. zap:

            I agree with most of the comments accusing this broker for playing against its clients. Forex.com will let you set up an account but will nave allow you to make profits. The platform and the execution of the orders are very slow and will produce you big damages in your deposit. Every time the market is profitable to you they will give requote after requote to stop you take that profit. I have very many doubts that the platform is clean and is not programmed to trade against you. I hope the true nature of this broker will be exposed some day for the large audience.

          13. Mark:

            From my personal experience with this broker I can state the following about them: DO NOT REGISTER, IT IS A SCAM! Do yourself a favor and stay away from this cheating broker. Make a research before registering an account on this site an you will see a large number of bad reviews. If you will go there they will wipe all your deposit and then will pretend that it was only your fault.

          14. TraderMartin:

            I think that is not Forex.com’s fault about the slow execution as they don’t know much about them. The broker always tries to offer you the best service or maybe they just want to create a good impression and take your money.

          15. Bruno:

            The platform is just for chating you and taking your money
            They use all kind of dirty tricks to change the rates and stop you from taking the profit you made.
            I lost a big sum of money because of this.
            I noticed that their trailing Stop orders are not well related to the open position so when you close a deal the trailing stop is still there!
            This broker is a huge SCAM!

          16. Mike:

            Forex.com will always trade against you and will make you lose all your funs!
            Watch out for your money!

            Let me give you a passage from their Terms:
            FOREX IS AN OVER THE COUNTER (OTC) MARKET, MEANING THE FOREIGN CURRENCY TRADING YOU ARE ENTERING INTO IS NOT CONDUCTED ON AN EXCHANGE. AS A MARKET MAKER, GAIN CAPITAL IS THE COUNTERPARTY IN THESE TRANSACTIONS AND, THEREFORE, ACTS AS THE BUYER WHEN YOU SELL AND THE SELLER WHEN YOU BUY. AS A RESULT, GAIN CAPITAL’S INTERESTS MAY BE IN CONFLICT WITH YOURS. UNLESS OTHERWISE SPECIFIED IN YOUR WRITTEN AGREEMENT OR OTHER WRITTEN DOCUMENTS GAIN CAPITAL ESTABLISHES THE PRICES AND WHICH IT OFFERS TO TRADE WITH YOU. THE PRICES OFFERED MIGHT NOT BE THE BEST PRICES AVAILABLE AND DIFFERENT PRICES MAY BE OFFERED TO DIFFERENT CUSTOMERS.

            IF GAIN CAPITAL ELECTS NOT TO COVER ITS OWN TRADING EXPOSURE, THEN YOU SHOULD BE AWARE THAT GAIN CAPITAL MAY MAKE MORE MONEY IF THE MARKET GOES AGAINST YOU. ADDITIONALLY, SINCE GAIN CAPITAL ACTS AS THE BUYER OR SELLER IN THE TRANSACTION, YOU SHOULD CAREFULLY EVALUATE ANY TRADE RECOMMENDATIONS YOU RECEIVE FROM GAIN CAPITAL OR ANY OF ITS SOLICITORS.

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