Spot Trader - Forex Broker information, rating, reviews

Spot Trader Forex Broker   Spot Trader

Spot Trader Voters Rating: 50 %, 0%

Traders Rating: Spot Trader Traders Rating on Forex-Ratings.com 3


   
Spot Trader licenses and regulations: NFA (ID: 0393266)
Trading software: Meta Trader 4
Headquartered: Hickville, NY, United Sates; PH: 866-472-6101

  • Standard and Mini Accounts Available
  • Tight Reliable Spreads
  • Real Time P/L
  • Built in Customizable Charts
  • Built in Expert Advisor
  • Multi Lingual Interface
  • Free Demo Accounts
  • Daily Trading Statement via Email
  • Mobile Trading Available

Spot Trader Trading information

WWW http://www.spottraderfx.com/
Address
Headquarters Hickville, NY, United Sates
Free phone 866-472-6101
24 hour support
Free education
Mobile trading
24 hour trading
Digits after the dot in quotes
Minimum position size
Pip spread on majors 2-3
Spread Type
Leverage 50:1
ECN, $
Standard account, $ 250
Mini account, $ 250
Other payment methods
Popular payment methods Credit Card, PayPal, Wire Transfer
Account currencies
Other instruments CDFs, currency pairs
Other languages
Languages English
Platforms Meta Trader 4
Regulation NFA
Foundation 2008

Review Rating - 4
Just spoke to customer service representative and it looks like very responsive. Online chart is the fastest way to reach someone from back office. Right now, I'm setting up my trading account and it goes very smoothly. An initial paper work was done a couple of days ago. I've sent all docs for confirmation my identity and it was already confirmed. Actually, it was enough to provide screen short of my banking statement. If you need to make phone call, as I said, it doesn't take you a long time. No line and you won't wait hours. I'll tell you more, my friend is experienced trader who work with spot trader for more than 5 years told me about them. He said it is a complete mismatch of what you get and what people say about broker. Things much better than you can read on forums. So I have no doubt to make deposit and start trading with them.

Review Rating - 2
Guys, I'm sorry but I cannot agree with previous comment at all. This broker gives you opportunities and all tools to trade currencies. If you blame spot trader, you don't really know how to make money on forex, or you're probably never seen what means bad prices, wide spreads and etc. That's right if you have big spread on eurusd during important market news, but I have spread below one point in all other cases. There is no reasons to complain. Many other companies will give you twice wider spreads on the same pair.

Review Rating - 4
My terrible experience without having to deal with real broker left only zero balance on account. Furthermore, I would not able to benefit from getting profit because it was too fast. I'm not that type of people who take risks but sometimes it does not depend on you. They switch all positions among customers inside the company. The problem is when market goes against the broker, they start to play against you and use all available tools to close your position by stop loss. That's how scammers work. Otherwise, they take all customers losses and become bankruptcy. That will never happen if you trade with spot trade. Be careful, withdraw your funds and stay away.

Login to add review   All Spot Trader Reviews

Spot Trader Forex News

All Spot Trader news
 FXTM Information
HotForex Information
XM Information
Fort Financial Services Information
Grand Capital Information
OANDA Information