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Forexite Review and Information 2024

Forexite Information and Review Forexite
Voting Rating Forexite does not participate in the Forex Rating
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Reviews Rating
Status Closed
Regulation IFSC
Trading software MetaTrader 4
Headquartered Forexite Ltd. Drake Chambers Road Town, Tortola British Virgin Islands

Forexite provides services for trading on the international currency markets since 1999. At the core of the company's philosophy there is the priority of the customer, professionalism and commitment to excellence. Forexite is significantly different from other forex companies in the industry. Unlike other forex brokers, Forexite  provide the opportunity to trade in the Forex market with low risks. To be a successful trader it is necessary to observe risk control rules and terms of trade. With Forexite a trader can choose the level of risk for themselves independently, changing the amount of the transaction, the broker does not have lots limitations, the value of the transaction is not limited to a minimum valuewith a small deposit  a trader can work with smaller amounts of transactions.

Forexite Ltd is incorporated in Belize as an International Business Company (IBC No. 136746) and is authorised and regulated by the International Financial Services Commission (Licence No. 142/168). The cryptocurrency operations are not licensed, and not regulated by the IFSC.

The Forexite Company is an international Forex and cryptocurrency broker. Forexite has been delivering services in the Forex market since 1998. By this time we have gone through a stormy path from a startup and ended up being a serious and stable player in the Forex market. We personally witnessed a lot of financial shocks and crises, such as the emergence of the euro currency back in 1999, the 9/11 terrorist attack in the US in 2001, the world economic crisis in 2008, the Swiss franc currency shock in 2015, the Brexit in 2016, and the Bitcoin's ups and downs. At such times, volatility shows a sharp rise while liquidity falls down, but we courageously overcame all the challenges and provided our clients with good opportunities to make money.

Tremendous expertise and competence of our team is proved by the stable and successful work for over 20 years. Having worked in the Forex market for many years, we have made business with tens of thousands of traders from more than 60 countries throughout the globe. A lot of our clients have been working with us for 10 and even 20 years.

There are companies with "zero" spreads and unreal bonuses, but I have been trading in Forexite for more than 15 years and I can tell you for sure: TradeRoom is a perfect trading platform; Forexite's responsibility for service and payments is the highest priority in the company.
That's what one of our clients said.

Our approach to business is based on the priority of the client's interests, expertise and the commitment to excellence. We are focused on long-standing cooperation and honest partnership relations with our customers, as well as on the long term success. It gave a boost to the company's stability in the market and a reputation of a reliable partner.

Outstanding reputation among traders

It takes twenty years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. – Warren Buffett. For twenty years, this has been and remains the motto of our company. We never forgot and do not forget about it even for five minutes. We strive to provide the best services, and if a problem arises, we solve it promptly. There are virtually no bad reviews about the company, and if there are, they are most likely untrue and are written because of misunderstanding or malicious intent. There are not many positive reviews as well, because when everything goes like it should, there is no reason for customers to write about it. Here is one of the feedbacks about us:

Forexite with its balanced approach truly deserves an outstanding reputation among traders and investors. It's distinguished by the remarkable honesty, responsibility and restraint.

Really nice customer support.

Many have heard tricky stories about bad customer support in any kind of business. Indeed, a really nice customer support is rather an exception than a rule. We do all our best to be such an exception and make every effort to understand customer's questions and provide high-quality answers to the point. We always listen to the client, help and explain everything until we are sure he/she fully understands. Sure enough, we are not perfect, but we strive for it and try to solve all problems within the shortest possible time, and resolve controversial issues in favor of clients.

Forexite Trading Information 2024

WWW https://www.forexite.com/
Address Forexite Ltd. Drake Chambers Road Town, Tortola British Virgin Islands
Headquarters Forexite Ltd. Drake Chambers Road Town, Tortola British Virgin Islands
Free phone +1 718 663 0013
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Trading by phone
Mobile trading
Automated trading
Demo account
24/5 trading
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Fixed
Pip spread on majors 2-3
Maximum Leverage 500
Standard account, $ 100
Mini account, $ 100
Popular payment methods Credit Cards, WebMoney, Wire Transfer
Account currencies USD, EUR, GBP, CHF, JPY
Available assets Forex CFDs
Languages Russian
Platforms MetaTrader4
Broker type Broker
Regulation IFSC
Foundation 1999

Forexite Traders' Reviews

The broker is not simple. Managers lie and embellish a lot. The advantage is that it is convenient to trade and reliability is higher than that of many one-day traders. The choice is large, the speed of execution too. But you need to understand that this is still a dangerous trade, and in general, trading in the market is a dangerous thing - there is a big risk of losing. I made a minimum deposit, but this is the money that I am willing to risk, no more.
  14 Jun 2023  

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I trade and will continue to trade. For me, the most important are high-quality quotes and a working withdrawal of money. Forexite fulfills my conditions. I hope that this will continue to be the case. Managers are annoying, slow transfer of money - all this does not bother me. Sometimes I trade on the broker's signals. As a result, the profit is small, but if there is no time to analyze the market, then such an income will do.
  3 Feb 2023  

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It's pretty old FX broker, however still have no solid reputation. I've tested their demo accounts few times but it seems suspicious. Too many promises and lots of complaints on this firm. My demo account was terminated after 2 weeks so I wasn't able to test it enough time… need to open new account each time your trial is over. You can find many services on website but it's not available for demo mode. You can only test it if you make deposit. But how do I know if it works well?
  13 Mar 2017  

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I want to reply to Melanie from last comment. I hope things changed and you were right. Unfortunately, this company cannot be considered as a reliable forex dealer. They don't have responsive support because front office consists of few employees and they can't provide support by definition. When I was navigating their website, I found no clear evidences of existing trading platform. Seems like you have only one option to trade by doing phone calls. People, this is 21th century!!! Forget about that. You'll register new account just to freeze you funds forever.
  7 Aug 2016  

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The Impact of EAs on Forex Trading: A Double-Edged Sword

By enabling continuous, algorithm-based trading, EAs contribute to the efficiency of the Forex market. They can instantly react to market movements and news events, providing liquidity and stabilizing currency prices through their high-volume trading activities.

Forexite is a reliable broker, profit withdrawal does not take long, customer support is responsive and helpful, registration process is somewhat strict, but maybe it's for the better.
  18 Jul 2013  

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