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Forex Reviews – Forex Brokers Comments – Page 354

I have also been the unlucky. They are just professional thieves. I can relate to all of you, because that is what happened to me. Where can I find help to get my money back.
ProfitiX Lyn 15 Jun 2020 Reply

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Don't get scammed twice by fund recovery agents as a lot of these are also scammers. I lost a lot of money to ProfitiX. Go through your bank first and proper legal channels.
Melinda Jill Boyse 22 Jun 2020

I know about forex trading next to nothing so I chose my broker solely on the ratings and reviews. I registered an account last week (LBLV broker). So far so good. I don't have much to say, but I already can see that their personnel is nice and it really seems like LBLV is a well established broker.
LBLV review 15 Jun 2020 Reply

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Thanks to team index I really their love your work sir.
FBS John 15 Jun 2020 Reply

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Dear John!
We are happy to hear you appreciate our efforts! Wish you lucky trading with FBS!
FBS (Official) 16 June 2020

Why does OT have little TA tools, they don't even have a simple volume indicator on their platform and haven't added it since. No ATR, no OBV indicators, just meager TA tools that can't even help. Secondly, how come there is no option to hide your account balance like IQ options, it is very unsafe if you're trading in public. Thirdly, the chart always looks messy if you have plenty lines or indicators because you can't hide the names of the indicators at the top right corner. I'm not sure that they are true ECN brokers either, how are the trades we make handled? Do you use a dealing desk or you send them to a service that provides liquidity, none of these are known. Can OT answer these?
Olymp Trade Jabo 14 Jun 2020 Reply

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Hi there, Jabo! Thanks for the valuable wishes, we'll consider implementing them on our platform to make your experience more pleasant. Speaking about your questions, our company uses quotes from the largest ECN sites, such as Currenex, Hotspot, Bloomberg Tradebook FX, Fastmatch, Gain GTX, FXAll, etc., and translates the weighted average value to the platform. Funds are distributed on the platform between traders according to their trading results. Feel free to reach us out with any upcoming questions! Best regards, Olymp Trade team.

Olymp Trade 16 Jun 2020

Future Trends and Developments in Forex Trading with Expert Advisors

The future of Forex EAs lies in the further integration of AI and machine learning technologies, enabling the creation of even more sophisticated and adaptive trading systems. These advancements could lead to EAs that better understand market sentiment, predict future movements with greater accuracy, and manage risks in more nuanced ways.

Can't believe how naive I was thinking that I can successfully trade without any experience. Only after a couple months of charts examination I started seeing the real opportunities there. And only after that I started earning something. Yet, I'm sure the best is ahead. What's good about trading here is that once you start earning, you can easily start scaling your profits.
Olymp Trade Connadi 14 Jun 2020 Reply

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Hi there! Trading really takes a lifetime learning. Professionals never stop their education and practice. We wish you a successful trading! Best regards, Olymp Trade team.

Olymp Trade 16 Jun 2020

Thanks for all the honest reviews, I was about to open an acct in XM, until I read all these bad reviews, I would suggest to report these to the Regulatory Authorities.
XM Guest 14 Jun 2020 Reply

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I'm glad that I'm able to realize my ambitions and express my trading intentions. The platform is worked out to apply skills. Roinvesting fits me perfectly.
ROinvesting Olivia 12 Jun 2020 Reply

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Be carful don't give any money as you never get it back big scam and professional. I'm feel so foolish not to discover this scam. I lost $250. Couldn't withdraw my deposit.
Askobid N&n 12 Jun 2020 Reply

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Just withdrew yesterday for the first time trading with this broker. A friend introduced me hotforex and I tried demo for weeks and decided to open a live premium account (no commission) and I stick with majors. Not ideal spread but fast execution, swift support and payment. Recommended!
HFM guest 12 Jun 2020 Reply

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How long does it take a withdrawal request to be paid using FBS?
FBS Saint 12 Jun 2020 Reply

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Hello, Saint!
Please, kindly take into consideration, that the Clientsâ€™ withdrawal requests are usually processed by the Financial Department of the Company on a first-come, first-served basis within a couple of hours or even faster.
As soon as your withdrawal request is approved by our Financial Department, the funds are sent from our side, but then it is up to the payment system to process it further.
Electronic payment systems withdrawals (like Skrill, Perfect Money, etc.) should be credited immediately, but sometimes may take up to 30 minutes.
In case you withdrew to your card, please, be reminded that on the average it takes 3-4 business days for the funds to be credited.
All the payments are being processed according to Financial Department business hours.
FBS Financial Department business hours are: from 19:00 (GMT+3) on Sunday to 23:00 (GMT +3) on Friday.
Please, kindly be reminded that you can monitor the status of your financial requests in the Transaction History.
In case you have any additional questions, donâ€™t hesitate to contact us in chat on our site or via support@fbs.com!
FBS (Official) 16 June 2020

I love PrimeXBT. The platform is great, there's no denying that, but what really stands out to me is the support team. It's super easy to contact them at any time of the day and they're very kind and supportive. They have helped me multiple times.
PrimeXBT Ann 11 Jun 2020 Reply

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For a long while I've been doing fixed time trading with Olymp. I really am greateful for the opportunity that the company give to all new traders, but I think its time to move further. I've heard many traders abandon fixed-time trading in order to trade forex market. People say there are lot more opportunities to earn some decent money there. I really have noticed that trend matter in the market. There are few chances to exploit the trends if you close the trade on the next bar like you do with the fixed time trading. I want to cut my lossess and let the profits grow, just like professionals advise. Did anyone have such experience here switching to Olymp forex? Do you think the idea is decent?
Olymp Trade Dan Vu 11 Jun 2020 Reply

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Why not? Forex is really one of the most profitable and effective directions in the market. It is true. And I would advise many people to try it. But of course you should get to know it well and practice it on a demo, it will be the most correct decision. And if you decide to try it, it's only here. Because this company won't give you any trouble as long as you adapt to the market.
Hulkin 12 Jul 2020

Can I withdraw my 100$ profit from fbs bonus?
FBS Taishier 11 Jun 2020 Reply

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Hello, Tashier!
Sure! As soon as you fulfill the Trade 100 bonus conditions, you are free to withdraw your 100$ profit or continue trading on this funds. In case you have any additional questions, donâ€™t hesitate to contact us in chat on our site or via support@fbs.com!
FBS (Official) 16 June 2020

Its a big scam, I invested 250 Euros and asked for withdrawal after reading the reviews. As soon as I asked for withdrawal, the company stopped responding and in the end I lodged a dispute with my bank (as I paid via credit card) and these scammers returned my funds. Hope you all get your funds back. I would also recommend to report the matter to CySEC (I reported the matter to them). They will take your money and won't reply to your emails or messages.
Askobid Raj Bahri 11 Jun 2020 Reply

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Hello N&n, I have been a victim of this scam, did you managed to claim your money back or is there a way to claim the money back? I'am desperate need of help.
Y&T 23 Jun 2020

XM Human Broker - Transparent, Fair and Focused on the Client

No hidden terms in pricing, execution, or promotions. Same quality of services, market order execution and level of support for all clients regardless of investment size, investment goals and financial situation. Easy and convenient systems for opening and managing account(s), for depositing or withdrawing funds. and for trading the international markets.

I like fxpro. There are flexible trading conditions, you can choose from different platforms with different types of execution. Also, FxPro offers a very good variety of trading instruments.
FxPro Shaman 10 Jun 2020 Reply

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As a beginner forex trader I was always looking to currency pairs and only now I realized that for learning I can trade other instruments, be in a demo account or a Cent account. So I can improve my skill and market understanding trading stocks, oil and even metals. At the end of day, everything is traded as CFD. Starting with metals at FBS. Let's see.
FBS Francisco Jorge 10 Jun 2020 Reply

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Hello, Francisco Jorge!
Thank you for your feedback! We are happy to know that you have chosen FBS for starting your path of a trader. Wish you lucky trading with metals!
FBS (Official) 16 June 2020

I know that scalpers are not welcomed in trader's community and that a lot of brokers set up rules against scalpers and this is why I relieved to know that lblv doesn't have lots of restrictions. I trade intraday, and my orders are mostly within 10-20 min interval and so far I've met no problems with it. Really a good broker!
LBLV Pops 10 Jun 2020 Reply

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Yeah, LBLV is pretty chill, but technically you aren't scalping. If your orders last longer than 5 minutes, you can't be a scalper :) Do you want to say that you had problems with 10-20 min orders while trading elsewhere? This is odd. Are you sure that your last broker wasn't a scammer?
Selud 25 Jun 2020

Actually, a decent chunk of brokers don't allow scalping, and each one of them set their own terms about it, and some brokers don't allow to close an order if it was open for less than 5 or 10 minutes. AFAIK, lblv don't have any of these restrictions.
guest 10 Aug 2020

I don't feel this broker is scam, people without knowledge of the terms and forex are just victim of loss and blaming it on the broker. what do you expect a broker with high leverage and low minimum deposit...of course it's amateurs that will fall for early loss without good experience and start blaming it on the broker. No need to blame get experience look at the spreads, lots and many more before going in.
FBS Tope 10 Jun 2020 Reply

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Dear Tope!
Thank you for finding a moment to leave a positive review on working with FBS! We highly appreciate it!
FBS (Official) 16 June 2020

Total live trading is a year and 3 months, mid sized premium account, manual trading. over all experience is good, mode of payments (withdrawal/deposit) is skrill linked to an ewallet and its almost instant. max withdrawal time is 48 hrs. deposits are instant. Im very pleased with results though the market lately is running havoc. stay safe every one and happy pip hunting. Conclusion: great broker.
HFM Donna Mae 10 Jun 2020 Reply

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Hi Donna, I am reading your review and I just wanted ask if they have the ability to wire money or is it BTC they operate from, I am in the US I was with a foreign broker *** and I recharged using BTC fortunately didn't lose much but it turned out after 7 months of trading when I had a good profit and tried to withdrawal my account disappeared a long with my money so I am very hesitant to try a broker having little trust issues.
Concerned Prospect 9 Dec 2020

I was recently scammed by XM. I am a first time Real Account Trader and XM was recommended if you want to start off risk free. Ive done my due dilligence but XM was 50/50. I tried withdrawing to my Skrill Account but i had complications with Skrill so i had to cancel. I tried to withdraw again and all my money was gone. I get an email saying things i literally dont understand. Dear Valued Client, We are contacting you with reference to your account(s) no. 57048994,4875388 (Your Account(s)) at XM Global Limited. The trading patterns in your Account(s) raise serious concerns regarding the credit bonuses we have granted to your Account(s), since these were used for cash-back arbitrage activities. Pursuant to the Terms and Conditions applicable to our credit bonuses, the following activities are qualified as follows: Any form of arbitrage trading. Bonuses claimed by multiple Accounts that were registered from the same IP address. Various practices of bonus manipulation. Breach of any points included in our bonus Terms and Conditions. Any fraudulent activities, disputes or situations that our Management considers as fraudulent. Accordingly, we regret to inform you that, in accordance with the terms and conditions, we have decided, with immediate effect to, (i) close your Account(s) with Trading Point, (ii) to nullify all trades carried out in your Account(s) with Trading Point, and (iii) to cancel any and all profits or losses garnered in your Account(s) with Trading Point. Please note that, in accordance with the terms and conditions, our decisions are final and binding on all participants and that, other than the notification set forth herein, there will be no further correspondence on this matter.

XM Collins Echefu 10 Jun 2020 Reply

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when you make profit they will send you emails you won't even understand telling you that your trading raise some concern and they are closing your account and you won't even get your profit only initial money. I will not recommend this broker to anyone.
Guest 24 Jun 2020

Thanks for the people giving comments based on their experience. I am looking for some honest broker, and its difficult to find one. Mostly I see all the brokers are cheating someway or another, eiher in spreads, or in charging, or in withdrawals and reluctant to give you back your hard earned money. Can any one suggest good honest broker here plz. Appreciate it.
Imran 29 Sep 2020

I started with this company with $250. Later I can there is some profit comint in. I wasn't allowed to withdraw from the "withdrawal available" I was force to deposit until $16K but the account balance is getting more due to profit. Again I did ask for withdrawal but they always gave unreasonable excuses which I knew. Every time tell me to top up the deposit. I knew that I've been scammed. Every withdrawal available was taken away. Lastly I saw my balance was $82k.
That is the time where by they said it dropped until $2k. I think they have their own way to take my hard earn money. Is there any other way where I can get back my money. I join them since 7 May 2020. Not a single cent I get my withdrawal. Please help me.
eXcentral Emillia 9 Jun 2020 Reply

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Dear Emilia,

We are not aware of any technical problems with the withdraw button. Please contact our support team at support@excentral-int.com, and provide them with your account reference number to investigate this further. We apologise for any inconvenience this may have caused.

eXcentral
eXcentral (Official) 10 June 2020

Tried to withdraw $250 initial deposit. After they (EverFX) confirmed withdrawal acceptance still no money returned.
EverFX Kevin Morgan 9 Jun 2020 Reply

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Did you get it back?
Christian Jones 20 Jan 2021

Made the deposit of $250.00 with EverFX, lost a further $750.00 with fraudulent transactions on my credit card and had card suspended, I am e-mailing EverFX manager to cancel my registration and request a refund.
Ian 7 May 2021

my withdrawal money already 5 days still not received yet. where is money?
LiteFinance atiqah 9 Jun 2020 Reply

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Hi atiqah, have you received your withdrawal money? I plan to join the liteforex and am not sure it's a right choice
Bawani 13 Jun 2020

Dear atiqah, Did you get you money? Best regards, representative of LiteForex.
LiteForex Official 24 Jun 2020

This broker is a scam. when u close a trade where you have won, they automatically close a loss trade. the trades that u have won disappears from your history. speaking from experience this is a scam.
FBS Patricia Siame 9 Jun 2020 Reply

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Dear Patricia Siame!
We would highly appreciate if you provided here an example of such case.
We have checked our system, but didn't find any attempt to contact our customer support in order to check your situation. Please, kindly be informed that you can check the log files from your terminal yourself or request them from our customer support via support@fbs.com.
FBS is fair and regulated broker and thereâ€™s no place for any unethical actions from our side. And if you consider some of your orders executed incorrectly, you can always send us a claim.
Looking forward to hearing from you!
FBS (Official) 9 June 2020

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An annual roundup reviewing the most successful Forex Expert Advisors (EAs) based on their performance, strategies employed, reliability, and user feedback. This piece would provide insights into which EAs have been market leaders and why.

indices counter pip value is ridiculus. trading on .01 lots is equivalent to trading on .001 lots. but here's the mindblowing and interesting part. it eats up the same margin as trading on .01 lots while actually the pip value is .001
FBS pipseater 9 Jun 2020 Reply

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Dear Sir/Madam!
Could you kindly specify your comment?
We would like to remind you that margin for all CFDs, Metals and Stocks is counted differently from currency pairs. The formula is following:
Margin = Opening price * Order volume * Contract size * Percentage / 100
Example:
1 lot on WTI Oil = 1000 barrels
Percentage is 3% (you can see it in the contract specifications - http://prntscr.com/swhdj0 )
Thus, if you open an order of 1 lot on WTI Oil at the price of 37.4000, then the margin will be: 37.4000 * 1 * 1000 * 3 / 100 = 1122
As for one point value, the formula is the same as for the currency pairs:
One Point Value = One Point * Contract Size
Please, kindly be informed that you can check the contract size in the contract specifications in your trading platform as well.
Also, we would like to add that you can always make all the calculations using our Traderâ€™s Calculator (https://fbs.com/trading/traders-calculator).
FBS (Official) 9 June 2020

Hey there, I don't wanna lie but exness is one of the best brokers for me but they should fix their withdrawal system because it's difficult to withdraw your profits because they always reject my withdrawals they want me to withdraw the initial deposit
Exness Lonwabo 8 Jun 2020 Reply

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Dear Lonwabo, please be informed that when you deposit using the bank card, the first withdrawal must be equal to the initial deposited amount. This is known as the bank card refund. Upon completing the refund of all deposits made by bank card within 90-days, you may proceed to withdraw your profits. If you have any questions, please contact us on our website
Exness 9 Jun 2020

I need to ask question, is there any rules to withdraw money from my account on the platform, or i can withdraw money at any time?
Olymp Trade Mohamed Tharwet 8 Jun 2020 Reply

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Hi there! The minimal amount of withdrawal is 10 dollars or euro. You can withdraw only to the source of payment that you used for depositing. Each withdrawal request is processed after the previous one is done. For more questions kindly visit the "Help" section of our website or contact the support team (available 24 hours) in the same section. Best regards, Olymp Trade team.

Olymp Trade 9 Jun 2020

I'm disappointed, stoploss hit but never reached simply because my phone went off. With plus500 it didn't reach. I'm out, the worst!
Exness Cas 8 Jun 2020 Reply

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Can i withdraw from fbs to paypal?
FBS Loyd 8 Jun 2020 Reply

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Hello, Loyd!
While thereâ€™s currently no way to withdraw using PayPal due to their regulation, we appreciate you taking the time to let us know what youâ€™re looking for! At the moment we are trying to add as many other convenient payment systems as possible. For example, you can deposit and withdraw using an Exchanger, this payment system allows you to perform direct transfers with your bank account.
OnlineNaira:
- Cash into bank,
- Bank Wire transfer or Online Banking,
- M-Pesa (African East, Kenya, Tanzania),
- Mobile Money (Ghana and Uganda, Zambia, Rwanda, and Tanzania),
- ATM,
- Debit and Credit Cards (issued in Nigeria, any International Card)
- Visa QR,
- Kwikmoney, USSD.
PipsEmpire:
- Local South African banks (FNB, Nedbank, ABSA)
You can also find plenty of other choices, using e-wallets like Neteller, Skrill, Perfect Money or SticPay.
But we would like to remind you that withdrawal should be performed via those payment systems which were used for deposit. In case you need any help regarding deposit or withdrawal, please, contact us in chat on our site or via support@fbs.com.
FBS (Official) 9 June 2020

I tried to open a trade on XTIUSD several times but is still not opened. Is there any problem with this currency pair?
Octa Thabi 8 Jun 2020 Reply

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Dear Thabi,

Thank you for taking the time to share your feedback with us. We regret that we couldn't respond to you when you posted your review, but we didn't work with forex-ratings reviews until now. Unfortunately, we couldn't look into your previous enquiry and identify you on our system since you didn't provide your trading account number. However, we sincerely hope that even though an extensive amount of time has passed, you received proper assistance from our team, and your issue was resolved.

Please note that trading instruments could be temporarily unavailable for various reasons, such as extreme volatility, illiquidity, underlying market suspensions, etc. In cases like this, we ask to wait for a while and allow extra time for the market to get back to its regular condition. You should also contact our team immediately whenever you come across an unavailable asset. They will be happy to navigate you through the recent market news and provide further guidance.

We hope that you continue using our services now. Remember that if you have any questions, you can always drop us a line, and our team will be more than eager to help you out.

Kind regards,
OctaFX Rep.
Octa (Official) 17 November 2020

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