FxNet Reviews
FxNet Ltd
Listen! That’s the main rule: if you want to be successful with forex trading, choose the broker regulated by European relevant institutions. Otherwise the risk of scam is rather high. Even if FXNet is not a scam, anyway it creates awful trading conditions and does not allow withdrawing! What is revolting, they give no reasons for it. Yes! They answered. But their answer cannot be regarded as the explanation. I have used the unreliable payment system – they say. But the broker itself offers it to me in its list! Utter rubbish!
This broker can freeze withdrawals. And that is definitely not good. All its advantages are not worth a straw, when a trader cannot take his payouts. Even if there is the reasonable cause for such a month’s delay, they could be more polite explaining it. I’m changing the broker. Why should I have troubles and show understanding for their position?
Hi Vadim, I just came across this forum and I have seen your comment.I want to say that I have been trading with FXNET for almost a year and I never felt that they were trying to get rid off my money. Actually, once I had a complaint with them regarding a withdrawal, they replied within 24 hours and my request was processed accordingly. Also my money were back to my account if I am not mistaken within 5 working days. The only thing that I will say for FXnet is that they are reliable and helpful brokers that helped me with my complaint. My advice is that you continue to trade with them as they are one of the safest options for a trader.
I never trade with FXNET, I never heard about this broker. Perhaps its white label broker or something like that. I tend to trade in fxpro, Liteforex,Mayzus, and roboforex. They are good
Do not have any affairs with this scam company. They will help you to get rid off all your money. A personal trader from the broker has lost seven thousand dollars from my trading account. Do not believe their nice fables...
I am very happy with this broker. They provide me one of the best VPS for free because of my account balance which is 5000 USD. They cover the 10 dollars bank transfer fee. I got 100 dollars margin bonus which is a tradable bonus.
Their trade execution speed is awesome. No slippage or re quotes till today. The support staff is great and very helpful. I have provided my own dedicated personal manager. She is very very helpful. I got my daily trade report and also daily technical and trade suggestions. Their spread is a bit high but they are true STP NDD so that is not a problem for me. There are many brokers who claim that they are true STP but in fact they are not. A true STP broker must have high spreads than other brokers for obvious reasons.
They offered me an Islamic account (No swaps). I had to fill a form with attached proof of my religion. Their only condition is that there must be activity on my account. In other words they will revoke the 'no swap' facility if I abuse the account by just opening a couple of trades and letting them open forever without opening new trades. Which is fair as I understand. So far no swaps charged and a couple of my positions remained open for like 15 days but at the same time I was trading other positions and open and closing positions on daily basis.
So, in short I am very happy. I will keep updating you about my progress with them on monthly basis. Thanks.
Another broker who claims to be a true STP broker? Well they really are STP broker. Their execution and their service is amazing. Their spreads not the best but are fixed even when the news comes out.
For me this is one of best broker - they have very fast support response and excellent trading conditions - very smooth customer service support.
i have been 2 months with this broker and am happy with their service. Im being handled by a Mr. Paul and so far he has been great and very helpful. have not been succesful so far but i hope with their bonus i can make back some money.
Hello Everyone, I've just got my first withdrawal of $35 following their 50% promotion. Process was smooth enough and got a message also informing me of my withdrawal. Would give them 4 out of 5 - only thing I would like to see is variable spreads and cTrader. are there any representatives on here?
Yea their spreads are slightly high, although quite good compared to other brokers with fixed spread (etoro 3, fxcm 2.6, easy-forex 5, iForex 3). Generally I think fixed spread brokers are higher anyway they offer 2.3 on some of their accounts and if you are smart you go through rebate site ;).
They are real stp which is what is important for me. I prefer to see realistic spreads for stp broker than spreads at 0.5 pips and claim to be stp.
Has anyone got experience at news hours do they re-quote/reject orders? I know it says no requites etc but want to hear from actual clients experience; in specific if I run an EA during news if id get all ordrs filled.
Just opened an account with them today and got my bonus instantly as well as my deposit. Their support so far has been excellent.
their spreads are a bit high for me, especially in comparison to many of the larger brokers, but the fact there is no requotes and they are fixed always is a plus. Might try them out - anyone have any bad experience with them? Im trading on demo so far and getting a lot of asistance.
Great Execution! - They stick by their word wrt no requotes and news trading. Was able to make a nice profit over the news today :)
