GENERAL INFORMATION | |
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Broker Name | LiteForex |
Broker Type | Forex |
Country | Marshall Island |
Operating Since | 2005 |
Regulation | Marshall Island's Business Corporation Act |
Address | Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. |
Broker Status | Regulated |
CS Phone | 8800 707 2963 |
CS Email | [email protected] |
Languages | English, Russian, Malaysian, French, Spanish, Portugese, Vietnamese, Indonesian, Thai, Chinese, Arabic |
Availability | 24/5 |
Trading Platforms | Metatrader4, Metatrader5 |
WEB TERMINAL | |
Trading Platform Timezone | N/A |
Demo Account | Yes |
Mobile Trading | Yes |
Web based trading | Yes |
Bonuses | N/A |
Other Trading Instrument | Cryptocurrency, Blue Chips, Precious Metals |
ACCOUNTS | |
Minimum Deposit | $50 |
Maximal Leverage | 1 is to 500 |
Spread Variable | 0.2 pips |
Scalping Allowed | No |
LITEFOREX REVIEW:
- LiteForex Investor Protection and Regulations
- LiteForex Notable Feature/s: MT5 and Social Trading
- Bonus system and Promotions
- LiteForex Account Opening
- Trading Experience
- LiteForex Review Conclusion: What Do We Think?
LiteForex 2020 Review
LiteForex is an experienced broker with over thirteen years in the brokerage business. Quite impressive! LiteForex offers stocks, currencies, indices, commodities, and cryptos. The brand offers low spreads and charges commissions only on certain trades. Trades undergo execution instantly.
LiteForex is proud of its customer activity and boasts of 300 new accounts every day and up to 500k clients from all over the world. The website is multilingual and is available in 15 languages.
Here are some of the features of trading with LiteForex, that might interest you:
- The brokerage is regulated in certain jurisdictions.
- Several country offices are available to allow for a more localized reach.
- Social trading is available.
- The broker offers multiple payment options exclusive inclusion of 6 cryptocurrencies.
Now you can imagine that, with over 13 years in the playing field, you could never go wrong with LiteForex. This broker packs various bragging rights from technological advancements to superb trading conditions.
Just take a look at the awards this broker received since it touched down on the brokering industry in 2005:
- Best Broker in Africa, Asia, Latin America
- Fastest-growing broker in Western Europe and Asia
- Included in the “100 World Finance” worldwide list for the top brokers
Now that’s a lot of decorations and achievements. But what makes this broker excellent is their apparent dedication to the advancement and customer care. It provides 2 MetaTrader platforms and social trading.
Let’s take a closer look at these two outstanding features.
LiteForex Investor Protection and Regulations
The most important thing is that all of the broker’s branches are regulated. LiteForex Investments Ltd is registered in the Marshall Islands. Meanwhile, Cyprus Securities and Exchange Commission – CySEC authorized LiteForex EU. LiteForex branch in Europe is a Cyprus Investment Firm registered in Cyprus itself.
Also, the broker protects its clientele and investors by providing a secure trading environment. LiteForex offers its traders and Investor Compensation Fun, also known as -ICF and segregation of clients’ funds from broker funds.
LiteForex Notable Feature/s: MT5 and Social Trading
The MetaTrader4 platform is the go-to platform of most forex traders. That’s simply because it was built for this purpose. However, LiteForex knows that sooner or later, traders will seek alternatives. Good thing, there’s the MetaTrader5 platform.
The trading platforms provided include:
- MT4 Trading Platform: This is the most popular trading platform among forex/CFD traders. It has a variety of tools for trading and analysis. Several plugins and apps can extend the features. LiteForex provides the downloadable desktop version and the mobile versions of this platform.
- MT5 Trading Platform: The MT5 is designed by the same company (MetaQuotes Software Corp.) to succeed the MT4. It comes with all the features of the MT4 but in improved and expanded forms. LiteForex provides the desktop and mobile versions of the MT5.
The MetaTrader5 platform sports tons of tools, charts, and features. In a nutshell, MT4 is for forex trading, while MT5 is for other markets. Not many brokers offer this, but it’s a massive plus for them if they do. So LiteForex has an undeniable advantage here.
This broker also never misses a trick. It’s among the first brokerages to offer social trading. With social trading, you can copy the best trades you find on the platform. Or you can opt to trade independently, share information, and communicate with other traders.
For beginners who are just testing the waters, social trading is a helpful tool to learn important trading lessons before taking the plunge. It’s where they can interact with professional traders and learn the ropes quickly.
Bonus system and Promotions
LiteForex is an interactive broker, and from time to time, likes organizing, promos, and contests for traders. Here are two types of competitions that LiteForex offers its clients.
- Best of the Best Demo Contest: The broker analyses five demo account contestants. Traders with the least risk management and the most profitable trades turn out to be the ultimate winners. The prize fund is USD 10,000. Usually, five winners share the prize. The contest comes up every month. A demo trader can win up to USD 4,000.
- Show your worth contest: Traders are to make a short article or video forecast, review, or a lesson using LiteForex’s website or platforms. The price is USD 100. The contests are drawn periodically.
There is no fee on the contests, and the broker returns traders’ commissions paid on deposits.
LiteForex Account Opening
LiteForex provides two main account types for its clients, the ECN and Classic accounts. The Classic account is commission-free and offers access to the MetaTrader5 platform, where spreads float from 1.8 pips. Meanwhile, the ECN account offers lower spreads from 0.1 pips, and commissions are charged.
For all account types: USD 50 is the minimum opening balance, 100,000 is the lot size, and the minimum lot is 0.01. Besides, social trading is also available for all account holders. Take into consideration that LiteForex has a maximum leverage of 1:500. It is obtainable for international clients while European clients get a maximum of only 1:30. The types of accounts are:
- ECN Account – The first of two main LiteForex reports it offers is the floating spread starts from 0.1 pips. The commission is USD 5 per lot. Only the MT4 trading platform is available to account holders. The interest rate of 2.5% is paid on traders’ surplus funds.
- Classic Account – This type of account offers a floating spread that starts from 1.8 pips. No commissions are charged. Also, the broker charges are embedded in the spread. Both the MetaTrader4 and updated MetaTrader5 trading platforms are available to account holders. No interest is paid on the traders’ surplus funds.
- Islamic Account – LiteForex offers Muslim traders who are prohibited from receiving interests by Sharia Law, this Islamic account. The account is swap-free.
- Demo Account – The Demo account is suitable for entry-level traders. This is a practice account designed for platform familiarization and, of course, strategy testing. Remember, demo accounts have no risk as trading occurs with unlimited virtual funds. The trader determines how much virtual money he or she needs and continues to trade on and top up the account without limits.
Trading Experience
Overall, LiteForex offers a pleasant trading experience and is entirely suitable for all levels of traders. It offers trading contests for fun and rewards.
The social trading community is also very active. The social trading platform is perfect for beginner traders as well as expert traders too. Entry-level traders can make trades and build strategies by copying trades. Meanwhile, experts can enjoy trading and make money from commissions they earn when their trades are copied. The MT4 and MT5 platforms are perfect for all types of traders and all trading styles.
LiteForex Review Conclusion: What Do We Think?
With the advent of more advanced technologies, platforms, and strategies, we also think it’s reasonable to stick to a broker that’s always in the loop and up for the latest advancements in the trading world. LiteForex has all those qualities.
Aside from the MT4 and MT5 platforms, it also offers automated trading and an expert advisor. These let you automate your trades without having to intervene very often. You can instead focus on planning your game plan and next moves.
Besides, you can use the MT5 to trade independently, or you can use social trading and automate your positions. Whichever you choose, you got tools at your disposal. Overall, we think you would never run out of choices with LiteForex.
It’s a broker that always has your back every step of the way.
The analysis provided is comprehensive, qualitative, and very beneficial to traders as it is quite profoundly researched. There are also regular contests and promotions to encourage traders and a load of resources for beginner traders. Besides, the broker caters to investors as well as traders with around the clock support and access for cryptocurrency trading.
Here is a brief list of all the advantages and disadvantages of the LiteForex broker.
Advantages:
- LiteForex is a regulated EU and UK brokerage.
- The broker offers offices worldwide, and local offices providing free offline training for entry-level traders.
- The website is user-friendly and easy to navigate.
- Customer service is responsive and quick.
Disadvantages:
- International locations function through an unregulated jurisdiction.
- The margin requirement for cryptocurrency trading on EU and UK brands is a little bit too high, approximately – 50%.
In the end, we hope this LiteForex review was helpful, and we wish you good luck trading!
LiteForex
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Support
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Platform
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Spreads
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Trading Instrument
Unable to withdraw
I am unable to withdraw anything from them. They accused me of so many violations.
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Poor services
Poor services. Stay away from this trading company.
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Do not invest here
This company stole our money, I and my friends decided to trade with them and we all lose. Do not invest money here.
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Poor services
Poor services. Stay away from this trading company.
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Poor signals
Against the market movement trading signals. I do not recommend trading with them.
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Poor services
Poor services. Stay away from this trading company.
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Bad broker
I really think this is a bad broker. They are not processing my withdrawal request.
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Not profitable
I am not making any profit here. I decided to close my account, it is just a waste of money and time.
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Scammers
Professional scammers. I was decieved by this people.
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Poor services
Poor services. Stay away from this trading company.
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Unresponsive support
Unresponsive chat support. I will have to call them if I needed help, the problem is I spend a few hours waiting on queue to get a live representative.
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Slow withdrawals
Slow withdrawals. Services are not ideal for gaining good profits.
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Poor services
Poor services. Stay away from this trading company.
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Worst customer service
Worst customer service. Always unavailable to assist.
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Poor services
Poor services. Stay away from this trading company.
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Poor signals
Against the market movement trading signals. I do not recommend trading with them.
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Beware
Beware, do not deal with these people. They have took my hard earned money.
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Poor services
Poor services. Stay away from this trading company.
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Poor services
Poor services. Stay away from this trading company.
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Poor services
Poor services. Stay away from this trading company.
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Scammers
Professional scammers. I was deceived by these people.
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Poor services
Poor services. Stay away from this trading company.
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Poor signals
Against the market movement trading signals. I do not recommend trading with them.
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Poor services
Poor services. Stay away from this trading company.
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Poor services
Poor services. Stay away from this trading company.
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Poor services
Poor services. Stay away from this trading company.
Did you find this review helpful? Yes No
Poor services
Poor services. Stay away from this trading company.
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Poor services
Poor services. Stay away from this trading company.
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Poor trading signals
Poor trading signals and services. I was not able to get the support I needed from this broker company.
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Do not invest here
This company stole our money, I and my friends decided to trade with them and we all lose. Do not invest money here.
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Poor services
Poor services. Stay away from this trading company.
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Poor services
Poor services. Stay away from this trading company.
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Poor services
Poor services. Stay away from this trading company.
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Poor services
Poor services. Stay away from this trading company.
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Poor services
Poor services. Stay away from this trading company.
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Bad people
Bad people. They keep my money and I can not even withdraw.
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Slow customer service
Slow customer service. They are not good at all.
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Slow customer service
Slow customer service. They are not good at all.
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Slow customer service
Slow customer service. They are not good at all.
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Slow customer service
Slow customer service. They are not good at all.
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Bad broker
Trusting this broker was my biggest mistake. They have stolen all my money.
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Worst broker
Not a bad broker, but worst. They approved all my withdrawal requests.
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Keep on cancelling withdrawals
They keep on canceling withdrawal requests using different grounds. I am very frustrated and can not even take my first withdrawal.
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Worst broker
Not bad brokers, but the worst. They approved all my withdrawal requests.
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Decieving forex trading policies
Very deceiving trading policies. They won’t explain everything at first and will just surprise you with restrictions later on.
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Worst trading signals
Huge slippage and the worst trading signals I have ever used.
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Bad people
Bad people. I am seeking help from the authorities to get my money back.
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Rude customer service
They have the worst customer service among brokers, very rude and unwelcoming.
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Inaccurate signals
They are not good trading brokers. They have a few signals that are not accurate.
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Bad broker
I really think this is a bad broker. They are not processing my withdrawal request.
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Troubled with withdrawals
I had face so much trouble on withdrawals. I can not get approval on my withdrawal request.
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Poor platform
There are so many issues with the platform. Not an ideal software to use.
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Poor trading signals
Poor trading signals and services. I was not able to get the support I needed from this broker company.
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Keep on cancelling withdrawals
They keep on cancelling withdrawal request using different grounds. I am very frustrated can not even take my first withdrawal.
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Do not invest here
This company stole our money, I and my friends decided to trade with them and we all lose. Do not invest money here.
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Not a good broker
This is not a good broker. I can prove it, have traded with them for few months.
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Troubled withdrawals
It is a big mistake I made, investing with this broker brings so much trouble to me.
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Do not let withdrawals
They do not act in the best interests of their traders. They seem so good but they only show off to gain your full trust. They will soon get all your money and will never let you withdraw.
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Denies my withdrawals
They deny my withdrawal request. Not a good broker to deal with.
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Do not trust this broker
Nobody should trust this broker. I gave them my money because they told me it is a good investment and gives out good return.But I lost all.
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Bad broker
Bad broker. They are unprofessional and very arrogant.
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They rejects withdrawals
I had trouble with withdrawals. They reject my request and was told to trade for more in order to get it approved.
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Worst trading services
Worst trading services. I regret trading with them. I have lose so much money on this.
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Poor signals
I am not trading with them again. Poor broker signals and rude customer service.
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Not impressive
Not a competitive broker for forex trading. Strategies are the usual, nothing new, nothing impressive.
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Worst company
Worst company to deal with. They do not process withdrawals.
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Worst transactions
Worst transaction I have ever seen. I was asked to submit so many documents but ended up waiting for approval.
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Bad broker
I really think this is a bad broker. They are not processing my withdrawal request.
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Poor signals
Against the market movement trading signals. I do not recommend trading with them.
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Poor signals
Against the market movement trading signals. I do not recommend trading with them.
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Slow withdrawals
Slow withdrawal process. I have waited too long for a simple withdrawal.
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Poor customer service
Poor customer service. They are not skilled in forex trading.
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Poor services
Slow customer service and delayed withdrawals. Do not deal with them, find a different broker to trade with.
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Poor services
The big company but poor services. I am not trading with them again.
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Can not withdraw
My account was frozen, I can not withdraw profit from this company.
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Worst platform
Worst trading platform. The user interface is really very confusing.
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Inaccurate signals
Will never trade with them again. Signals aren’t accurate and not profitable as well.
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Bad trading company
Bad trading company. Do not deal with these scammers.
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Rude customer service
Rude customer service. They are very disrespectful.
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Troubled with withdrawals
This broker has so many issues with the withdrawal process. I had 4 withdrawal requests for the past 2 months but all of the withdrawals I had with them troubled me.
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Troubled with withdrawals
I had faced so much trouble with withdrawals. I can not get approval on my withdrawal request.
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Unable to withdraw
I was not able to get my profit from this broker. They gave so many excuses.
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Not profitable
I am not making any profit here. I decided to close my account, it is just a waste of money and time.
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Unresponsive
Unresponsive all the time. I am not getting the support I paid for.
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Slow withdrawals
Not an ideal broker for forex trading. Slow withdrawals, do not trade with this. Thumbs down.
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Fake brokers
Stay away from this broker company. They are fake brokers.
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Denies my withdrawals
They deny my withdrawal request. Not a good broker to deal with.
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Lose huge money
Not a good idea to trade with them. Have lost huge money here.
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Limited payment channels
They only offer a few trading assets. Limited payment channels and poor customer service as well.
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Bad broker
Trusting this broker was my biggest mistake. They have stolen all my money.
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Slow customer service
Slow customer service. They are not good at all.
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Poor services
Poor services. Stay away from this trading company.
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Beware
Beware, do not deal with these people. They have taken my hard-earned money.
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Poor platform
There are so many issues with the platform. Not an ideal software to use.
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Unregulated
They are not regulated. I could have done some research before joining them.
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Consecutive losses
I found the ever worst day with this forex broker. I have consecutive losses and am now facing a huge problem.
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Rude
They are very rude to me when I started asking to withdraw my profit. I do not suggest dealing with this broker.
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Bad forex broker
This is a bad forex broker using so many delaying tactics for withdrawals. Signals aren’t that good and believe me, it is almost impossible to withdraw.
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Do not trust this broker
Nobody should trust this broker. I gave them my money because they told me it is a good investment and gives out a good return. But I lost all.
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Slow withdrawal process
Very slow withdrawal process and frustrating documents to send to obtain approval.
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Worst broker
Not a bad broker, but worst. They approved all my withdrawal requests.
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Fraud
Fraud broker company. They are fake so do not deal with them.
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Slow customer service
Slow customer service. They are not good at all.
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Unresponsive support
Unresponsive chat support. I will have to call them if I needed help, the problem is I spend a few hours waiting in queue to get a live representative.
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Worst customer service
Worst customer service. Always unavailable to assist.
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Poor trading signals
Poor trading signals and services. I was not able to get the support I needed from this broker company.
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Poor signals
Against the market movement trading signals. I do not recommend trading with them.
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Poor tools
Poor trading tools. I always have to face technical issues.
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Do not invest here
This company stole our money, I and my friends decided to trade with them and we all lose. Do not invest money here.
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Poor services
Poor services. It is quite evident in my trading results.
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Slow withdrawals
Slow withdrawals. Services are not ideal for gaining good profits.
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Got so many losses
I wonder why this broker does not work hard to give good signals. I got so many losses during the 3 months that I have traded with them. I guess they are just new to this and are not really skilled and experienced as they claim they are.
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Drained my bank account
They have access and drained my bank account. I regret dealing with this broker.
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Slow withdrawals
Very slow withdrawal and unfriendly customer service. Never trade with this.
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Poor forex broker
Poor tools, poor services, and poor signals.
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Do not deal with them
If you are looking for a forex broker you can depend on, do not deal with this broker. They are not an ideal broker for forex trading.
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Slow withdrawals
Withdrawal is very slow. I am not sure if this happens to all but it happens to me.
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Do not deal
They never process my withdrawals. Do not deal with them.
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Stay away
Stay far away from this trading company. They are not good at all.
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Thieves
Stay away from these thieves. They are not good at all.
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Bad people
Bad people. They keep my money and I can not even withdraw.
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Do not trade here
Do not trade here. They do not approve withdrawal requests.
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Blocks withdrawals
Do not approve withdrawal requests. I have filed several requests but all have been rejected too.
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Slow withdrawals
Slow withdrawals and poor customer service. They are one of the worst broker services I have ever used.
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Bad brokers
They seem to be a good forex broker because they offer really good trading terms but have the worst services really. I was not able to get even a single cent.
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Avoid this broker
Avoid them totally. They seem to manipulate trade and collect all your deposits. I get consecutive losses which are very suspicious.
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Scammers
Professional scammers. I was deceived by these people.
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Poor trading services
Poor trading services. Signals are not profitable and customer service are very unresponsive.
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Minimal profit
They only have a few recommended trading instruments for the actual trading and not all are profitable. Signals are okay but not quite good enough. Very minimal profit gained.
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Worst trading company
The worst trading company I have ever tried. Do not trade with them.
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Not profitable
I am not making any profit here. I decided to close my account, it is just a waste of money and time.
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Do not trade
Do not trade with this broker. They are not legit forex brokers.
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Lose my money in an instant
I had the worst nightmare with this broker company. Have lost all my money in an instant.
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Pricey trading instruments
Trading with them is too pricey. I am not going to deal with them again.
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Bad customer service
Bad customer service. They are not accommodating and prefer to ignore trading concerns.
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Slow withdrawals
Very slow withdrawal process. They gave me hard time and ask for so many documents.
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Bad people
Bad people, avoid them by all means.
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Poor customer service
Poor customer service. They are not skilled in forex trading.
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Poor broker service
Poor brokers and customer service. They do not attend to trading needs and don’t even respond to messages.
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Scammers
I was scammed by this broker. I am unable to withdraw.
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Poor broker
Bad broker and poor customer support. I regret joining.
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Worst broker service
Customer service and broker services are both poor. They seem very good on their website and sales pitch but on the actual trading, they are one of the worst.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested in deposits.
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Inaccurate signals
Do not trade with this broker company. The signals are not accurate.
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Denies my withdrawals
They deny my withdrawal request. Not a good broker to deal with.
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Slow withdrawals
The slow process of withdrawals, poor customer service, and platform technical issues are among the reason I have changed my broker.
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Poor broker service
Poor services for forex brokerage. They are not trained to understand market forecasts.
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Worst signals
The worst decision I have ever made is to trade with this broker. Signals are really the worst.
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Fake broker
Not a true forex broker. They are unregulated and just pretending to be real brokers.
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Poor customer support
Support doesn’t even understand my queries and they never attend to my concerns. Poor customer support.
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Worst trading company
Worst trading company. They do not treat customers well.
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Denies my withdrawals
They deny my withdrawal request. Not a good broker to deal with.
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Poor services
Poor services. Not a good broker to deal with.
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Huge slippage
Huge slippage and poor customer service. I am not satisfied with my trading profit.
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Slow withdrawals
Slow withdrawals and poor customer service. Not worth my money and time.
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Avoid this broker
Avoid dealing with this broker. They are inefficient and services are unreliable.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested on deposits.
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Not recommended
Poor trading tools and the worst signals I have ever used in trading. Not recommended.
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Do not let withdrawals
They do not act in the best interests of their traders. They seem so good but they only show off to gain your full trust. They will soon get all your money and will never let you withdraw.
Did you find this review helpful? Yes No
Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested in deposits.
Did you find this review helpful? Yes No
Fake brokers
Stay away from this broker company. They are fake brokers.
Did you find this review helpful? Yes No
Slow withdrawals
This broker does not work well. I notice so many issues with services. Withdrawal is also very slow.
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Worst trading signals
Worst trading software and poor signals. Do not trade with them.
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Huge slippage
Huge slippage and poor customer service. I am not satisfied with my trading profit.
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Bad trading company
They have shot off my account when it was my turn to withdraw. Bad trading company.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested in deposits.
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Scam
Scam broker. Stay away from them.
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Terrible business
This is a terrible business. They earn by collecting money and making people believe they lost in a trade.
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Do not process withdrawals
They do not process withdrawal. I had hard time requesting for withdrawal.
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Poor trading services
Poor trading tools and software. It keeps on freezing and there are so many software issues.
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Avoid this broker
Avoid dealing with this broker. They are very good at collecting money and not really a good forex broker.
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Bad brokers
This broker is one of the most tricky and BAD brokers ever. Avoid dealing with them.
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Not a good broker
It is not a good idea to trade with them, I incur so many losses.
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Frustrating withdrawals
Frustrating withdrawal process. I was asked to replace my documents over and over again causing it to have a great delay.
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Slow withdrawals
Very slow withdrawal process. I am not trading with them again.
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Technical issues
Worst trading tools I have ever used. There are so many technical issues.
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Poor services
Poor services. It is quite evident in my trading results.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested in deposits.
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Poor trading company
Poor trading company. Tools and services are not good.Same goes fro trading results.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested in deposits.
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Poor services
Poor services, rude customer service, and slow withdrawals. No reasons to keep the services and no reasons to recommend them.
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Not a recommended broker
I do not recommend this trading broker to anyone. Signals are not good at all.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested in deposits.
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Annoying
Annoying. It is very difficult to get thru their customer care.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested on deposits.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested in deposits.
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Bad customer service
Bad customer service. They are not accommodating and prefer to ignore trading concerns.
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Worst signals
The worst decision I have ever made is to trade with this broker. Signals are really the worst.
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Poor customer service
Poor customer service. They are not skilled in forex trading.
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Poor trading tools
I encounter so many technical problems all the time. I reported but they did not attend to my concerns.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested in deposits.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested in deposits.
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Slow withdrawals
Do not use the services. Signals are inaccurate and withdrawal is slow.
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Slow withdrawals
The slow process of withdrawals, poor customer service, and platform technical issues are among the reason I have changed my broker.
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Rude customer service
Extremely unhelpful and rude customer service.
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Unprofessional broker
They are very unprofessional especially when we start talking about withdrawals. Not dealing with them again.
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Inaccurate signals
Do not trade with this broker company. The signals are not accurate.
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Customer service
Poor customer service. They are unresponsive and services are poor.
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Do not deal
Add this broker to your do not deal bucket. They do not pay a profit.
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Poor trading company
Poor trading company. Withdrawals are very impossible to get approved.
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Dishonest broker
Dishonest broker. They lie to me about charges and terms. I am always surprised by the price increase and policies that suddenly pop up.
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Misleading brokers
Misleading brokers. They have claims and statements that are not true at all. I cannot trust them. I can’t even rely on their services.
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Frustrating withdrawal process
I am very much frustrated with their withdrawal process. As if they intend to make it difficult for me.
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Slow customer service
They are very slow in providing resolutions to trading concerns. There are urgent matters that they can’t resolve right away which affects trades.
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Worst withdrawals
Worst withdrawal process. It took them a long time to process and hard to produce requirements to submit.
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Worst trading platform
Worst trading platform I have ever used. It is a bit confusing and has so many technical issues.
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Stay away from them
Stay away from these people. They are bad people and will only take your money away.
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Worst customer service
Worst customer service. They know nothing.
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Delayed responses
Delayed responses always lead to losses. I could have minimized the losses if only they’re prompt in responding.
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Unhelpful
Useless broker services. I can’t rely on them for help, can’t even rely on their broker signals. I feel like it is much better to trade on my own, they are not helping at all.
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Bad broker
They are good manipulators and deceivers. They enticed me to add more money but later on let me lose everything. I guess their trading ain’t real, they are just money collectors.
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Poor forex brokers
I am truly satisfied with their customer support who are always ready to help me. However, broker’s signals aren’t that good enough to gain profit.
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Technical Issues
I am so fed up with their never-ending technical issues. I stop trading with them, have used the platform for just a few weeks.
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Poor trading services
Poor trading services. Slow withdrawals. Will never trade with them again, not a good broker.
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Worst services
I did not get any profit trading with them. Services are really worst.
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Expensive to trade with
There is a huge slippage and drastic price increase. I find it very expensive to trade with this broker.
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Rude brokers
Not a good trading broker to deal with. Aside from they are very rude, they are very inefficient.
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Poor broker
Do not honor words. They change policies every time.
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Bad offers
It is not a good idea to try their trading offers. it is more of a gamble.
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Not good
I am not going to recommend this trading broker. They are not good at all.
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Slow customer service
Slow customer service. Annoying phone queue and no email replies.
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Unresponsive
Unresponsive customer service. I have to deal with a long queue over the phone too.
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Rude customer support
Customer support is rude and unhelpful. But they are unable to help me with any of my concerns after all. A bad joke!
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Do not deal
Poor trading signals and services. Try other brokers, do not deal with them.
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Do not deal
Add this broker to your do not deal bucket. They do not pay a profit.
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Harassing
Harassing brokers. They keep on calling asking for personal and financial information.
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Poor broker
Poor broker and customer service. They do not have a heart for traders and are very rude.
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Not a good trading company
Not a good trading company. Signals and services are not worth it.
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Stay away from the brokers
Stay away from this broker company. They are not legit brokers for online trading.
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Do not invest
Do not invest money in this kind of stuff. Not a good idea.
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Do not deal with them
Do not deal with this broker, they do not pay profit not process refund. They will surely give you hard time just freeze your trading account.
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Difficult withdrawal process
I am frustrated with their withdrawal process, it is very slow and it is also very difficult to request approval.
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Worst trading company
Worst company for online trading. I never get any profit instead I get so many losses.
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Avoid this broker
Avoid these people, they are cheaters and will only collect hard earned money from you. I have lost a fortune so I am warning everyone to avoid them.
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Bad forex broker
Bad forex broker. Customer service staff are very rude and arrogant. They do not process withdrawals as well, they will give you hard time once you start requesting a withdrawal.
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Poor broker company
I have some bad experiences with this company. I was enticed by them to add and add more money. And when they had enough, I lost all suddenly. I have regrets about joining this company.
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Worst broker service
Customer service and broker services are both poor. They seem very good on their website and sales pitch but on the actual trading, they are one of the worst.
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Poor trading services
Poor trading services. Signals, tools, and services aren’t good at all.
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Bad customer service
Bad mannered customer service. They have hung up on me several times when I try to call about my withdrawals.
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Unpleasant customer service
Very unpleasant customer service. They are bad mannered and are very unhelpful.
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Do not deal
This broker does not pay off the profit. Do not deal with them.
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Terrible support
Terrible online support service. They are very unresponsive, it takes so much time to wait for replies.
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Unsuccessful trading
Unsuccessful trading with this broker, I got so many losses. I will close my trading account before it’s too late.
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Worst brokers
This is the worst choice of the broker I have ever made. They have the longest wait time for withdrawals.
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Extremely unhappy with long withdrawals
I am extremely unhappy with their withdrawal process. It is never normal to wait for over a week for withdrawals, I have work with other brokers in the past and it is not this long.
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Worst broker
The very frustrated client here. Stay away from this broker service. I have used these services in the past and it’s really worst, I lost a lot of money.
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Worst broker
The worst trading broker I have ever dealt with. They are very rude and more interested in deposits.
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Not a good broker
It is not a good idea to trade with them, I incur so many losses.
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Huge slippage
Huge slippage and poor customer service. I am not satisfied with my trading profit.
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Poor services
Poor trading services. It is not a good idea to trade with them.
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Bad customer service
Bad customer service. Instead of helping me, they always ignore my trading concerns.
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Bad signals
Very bad signals and trading platform. It had caused me so many losses. I am not using these broker signals again.
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Poor services
Poor services. Withdrawal is very slow and customer service is very rude.
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Delayed execution
Delayed execution. It had greatly affected trading results.
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Bad customer service
Bad customer service. Always keep me waiting in the line and come back with no resolution.
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Slow withdrawals
Very slow withdrawals. I am not trading with them again.
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Poor trading services
Poor trading services. I am not sure about other’s experience with this broker but mine is the worst one.
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Poor trading results
Poor trading results. I always incur so many losses for the duration of a month. I will not trade with this broker anymore.
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Poor trading advise
Poor trading advice from the brokers. I have been losing money too much.
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Slow withdrawals
Slow withdrawals. I keep on waiting and as if they do not pay attention to my trading concerns.
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Frustrating withdrawals
Frustrating withdrawal process. I was asked to replace my documents over and over again causing it to have a great delay.
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Poor trading profit
Poor trading profit. I did not gain much from the offers.
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Slow withdrawals
Do not use the services. Signals are inaccurate and withdrawal is slow.
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Poor customer service
Poor customer service and slow withdrawal process. They are unreliable trading brokers and they sounded very arrogant.
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Slow withdrawals
Very slow withdrawal process. I am not trading with them again.
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Lost money here
I had a very bad experience with this company. I have lost all my money although I followed all their instructions.
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Poor signals
I have a few observations for month-long trading with this broker. Signals are poor and withdrawal is slow.
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Unreliable trading signals
Not a good company to deal with. Signals are very unreliable and unprofitable.
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Annoying
Annoying. It is very difficult to get thru their customer care.
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Poor services
Poor services. It is quite evident in my trading results.
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Poor trading signals
I go crazy with the signals. I get consecutive losses and I wonder why. I had to stop trading with them before losses worsen.
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Poor signals
I thought I made the right move of trading with this broker but I was wrong. Signals are poor and unreliable.
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Poor trading tools
Poor trading tools. I noticed some irregularities in the software.
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Poor trading services
I notice some latencies in their execution and system issues on their platform. I do not recommend this broker company.
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Poor trading tools
I encounter so many technical problems all the time. I reported but they did not attend to my concerns.
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Rude
They ignore my messages and phone calls. For me, that is very rude.
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Unresponsive
They are very unresponsive. Always unavailable on times I need them the most.
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Difficult to withdraw
They’ve given me hard time on all of my withdrawals. It was such a stressful experience.
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Frustrating withdrawal process
Frustrating withdrawal process. I was asked to replace my documents over and over again. But they still reject my withdrawal request even if I was able to fulfill all the requirements.
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Not worth my time
Not worth my time. I gain profit but it is very minimal. I just feel like my time has been wasted.
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Drastic price increase
There is a drastic price increase. They always increase their price.
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Unhelpful customer service
Unhelpful customer service. They can not give the support I need.
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Do not pay profit
They do not pay for profit. I experience so much trouble getting my withdrawal request approved.
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Slow withdrawals
Slow withdrawals and unresponsive customer service. Who would want to keep such services?
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Poor terms
Poor trading terms. They keep on changing it as I go along.
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Do not trust this broker
Nobody should trust this broker. I gave them my money because they told me it is a good investment and gives out a good return. But I lost all.
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Do not pay profit
Something must be done. This broker did not pay my profit asking for so many terms and documents. I think it is a scheme to take my money away.
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Spike in spreads and price
An abnormal spike in spreads and pricing. It is getting very expensive and I am getting lesser proceeds as I go on.
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Unhelpful support
The support team is unhelpful. I always get the run around every time I call. I end up hanging the phone with no resolution.
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Not recommended
Won’t recommend this broker in any way. None of the services is good. I regret trading with them, have just lost so much money on their trading scheme.
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Poor broker
Poor customer service and rude brokers. Do not deal with them? They are asswholes and will never let you withdraw money.
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Poor signals
I gain some profit but end up losing more. Most of the signals go against market movements.
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Worst customer service
Worst customer service I have ever talked to. They are very very rude and unhelpful. I will never recommend this broker service.
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You are so cool! I don't think I've truly read through a single thing like that before. So good to find somebody with some original thoughts on this subject matter. Seriously.. many thanks for starting this up. This web site is one thing that is required on the internet, someone with some originality!
You are so cool! I don’t think I’ve truly read
through a single thing like that before. So good to find somebody with some original thoughts on this subject
matter. Seriously.. many thanks for starting this up.
This web site is one thing that is required on the
internet, someone with some originality!
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Worst trading platform
The worst forex trading software. I encounter so many technical problems and glitches as I trade along.
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Difficult to withdraw
Difficult to secure approval from this broker, they always give me run around. I am good with other services but not with their withdrawal process.
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Waste of time
This broker is not worth my time. I spend so much time getting only a few dollars. Just a waste of time.
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Poor services
Poor services and bad behavior of people. I will not trade with this broker again, and will never recommend them to anyone.
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Expensive
Very expensive per lot price. I also notice a huge slippage. I Will not trade with them again.
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Slow withdrawals
Slow customer service and slow withdrawal process. I will not recommend this broker to anyone.
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Poor trading services
Poor trading services. I will never recommend this broker and will not trade with them again.
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Excellent services
Excellent trading services. I never had any problem with withdrawals or execution. They’ve always been very good to me.
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Not an ideal broker
Not an ideal forex trading broker. They do not have much experience and knowledge about the forex market. They can’t even come up with sound market analysis.
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Bad brokers
My initial deposit was gone overnight. I made a deposit in the afternoon and followed all their instructions but the morning after all my money was gone. I lose in an instant.
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Poor services
Poor services. I am very frustrated with this broker services right after deposit. I began to see the worst side right away after they had collected my money.
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Poor services
Way below average. Poor trading tools and services. I will never use this broker’s services again.
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Frustrated with this broker
I am frustrated with customer service and more so with their slow withdrawals. I will never recommend it.
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Not good broker
This is not a good broker to deal with. Customer service is very rude and insulting. Brokers here are very controlling, too.
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Do not process withdrawals
Choose any other broker not this, they never process withdrawals. All they do is to block all withdrawal request.
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Annoying withdrawal process
Annoying withdrawal process. I asked for so many documents and ask to place some of them. But even right after completing what’s needed I still waited for so long.
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Not recommended
I do not recommend this broker to anyone, especially to newbies. Customer service is difficult to understand, they do not communicate well.
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Incompetent broker
Incompetent trading services. I always encounter technical problems with their tools. I can’t even rely on their signals.
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Awful trading services
Awful trading services. I can’t even rely on trading advice. Customer service is also unresponsive.
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Huge slippage
I have traded for a few months. As I trade along I notice a constant price increase ad slippage becoming greater.
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Rude customer service
Rude and slow customer service. They can’t even help resolve trading concerns.
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Worst
Worst customer service, they can not communicate well. They have the worst signals as well.
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Avoid this broker
Avoid dealing with this broker service, they will entice you to deposit more money in the promise of good profit but will lose all in the end.
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Bad broker service
If I could rate this a zero I would. Really the worst I have ever dealt with. There are so many runarounds on withdrawals.
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Poor website and platform
On their website, they claimed to be no.1 but upon browsing I came across website errors. It happens not just once but most of the time whenever I get to check their website.
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Slow withdrawals
Slow withdrawals. I had so much trouble providing so many requirements and making some follow-ups on my withdrawal request.
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Difficult withdrawals
I have used the service in the past. They have the most difficult withdrawal process.
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Avoid this broker
Avoid this broker service by all means. They do not let clients withdraw money and will do everything they can to have you add more.
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Poor broker overall
Friendly customer service however they are not so knowledgeable about their job. I am not happy with the overall performance.
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Cheaters
This broker is a cheater they have concealed several policies at the start and just surprise me with those upon withdrawal attempts.
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Poor customer service
Very difficult to contact for help. They don’t even respond to emails and chats.
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Disgusting brokers
Disgusting phone calls. They have very aggressive marketing staff who are very persistent in asking for redeposit.
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Worst brokers
This is the worst broker I have tried. I never expect such failure from them. They have set high bars but unfortunately, their signals are poor and unprofitable.
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Unreliable services
Unreliable services and trading signals. Rude customer service. They are not good at all. Do not deal with them.
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Not recommended
Poor customer service and slow withdrawal process. I won’t be recommending this broker service at all.
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Problems with withdrawals
Slow withdrawals. Have traded for a few months and the problem with withdrawals keeps on and on.
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Expensive trading instruments
The initial deposit is just a trap. This won’t get you anything you will need to add more money if you want to trade after account activation. Expensive trading instruments.
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Long withdrawals
A very long wait for withdrawals, I have been waiting for so long, it took them weeks to process my withdrawal.
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Technical issues
I have traded for 2 weeks with this broker but I suddenly closed my account because I had so much trouble with their trading platform. So many technical issues all the time.
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Arrogant brokers
I am a beginner I forex and these broker has no consideration and patience for beginners like me. They sounded so arrogant and mocking instead of being helpful to newbies.
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Terrible services
Terrible broker service. Withdrawal is very slow and signals are not accurate.
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Bad customer service
I just want to share my experience with their customer service. I called to make a follow up on missing withdrawals but instead of helping me they transfer me over and over again. And I end up talking to no one.
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Inaccurate signals
Delayed execution and inaccurate signals. Withdrawals also take time and take so many documents.
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Slow withdrawals
Slow withdrawals and bad customer service. Not recommended.
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Unresponsive
Unresponsive and irresponsible brokers and customer service. scheduled appointments are not met. The worst part is that it is very hard to contact them over the phone.
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Poor trading signals
I am an experienced trader and I can say that these broker signals are awful. As if they do not have enough experience and skills when it comes to market analysis. I stop using their service, don’t dare to use them.
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Disappointing customer service
I am very disappointed with their customer service. Aside from the long wait time, they sounded unamused and a bit rude.
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Unreliable signals
75% losing trades. Minimal chances of getting winning trades. Signals are very unreliable.
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Block withdrawals
I felt like there is something wrong with this broker. They always block the withdrawal request.
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Poor trading signals
Poor trading signals and poor customer service. I have traded for a month and I am not happy with the services.
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Poor broker performance
Poor broker performance. Signals are not profitable and customer service is not helpful.
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Worst broker
The worst forex broker I have ever traded with. Super slow withdrawals and bad customer service.
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Inaccurate signals
Inaccurate broker signals. Most of the time, they go against the trend.
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Slow withdrawals
So slow withdrawals. I’ll be switching soon. Annoying withdrawal process.
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Worst
Worst services I have ever used. do not trade with them.
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Bad services
Bad services. Do not dare to trade with this broker.
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Poor broker performance
Poor broker performance. I got not much profit but so many losses.
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Delayed chat response
The delayed response of online chats and slow withdrawal process. I do not consider trading with them again.
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Constant price increase
I have noticed a bit of price manipulation and constant price increase. I’ve got no problem with other services however I felt cheated so I completely close my trading account.
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Rude
The company’s staff are very rude. Good at the start when they are trying to ask for your money but soon as you raise a trading concern they will turn out to be rude and negligent.
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Be careful
Be careful. Their platform seems not legit. I got a roller coaster experience with this broker.
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Do not deal with this
Do not deal with this broker service. Bad customer support and withdrawals are really very slow.
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Unreliable signals
Goog leverage and trading terms. Signals aren’t so reliable at all.
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Do not deal with this broker
Do not trade with this broker service. It is just a waste of money and time.
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Has so many hassles on withdrawals
They have a lot of options for deposit in can be via NETeller, skrill, etc. But has very limited withdrawal getaways. Even the frustrating process of withdrawals has so many hassles.
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Worst broker
This is the worst broker service I have ever dealt with. Bad customer support and poor services.
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Customer support is not knowledgeable
Customer support is not knowledgeable. They can not help me with my concerns.
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Confusing trading platform
Confusing trading platform. I also encounter errors during trading.
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Worst broker company
Worst broker company. Terms discuss on start will change during actual trading.
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Do not deal with them
Poor broker signals and worst broker services. Do not deal with them.
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Almost impossible to withdraw
It is almost impossible to withdraw money. I would never recommend this broker service.
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Worst trading platform
Worst trading platform. I always encounter a technical problem in every transaction.
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Not satisfied with the trading results
This is a regulated forex broker but I am not fully satisfied with the trading results.
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Rude customer service
Rude customer service. They act as if they are the best brokers but the trading result will tell you otherwise.
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Slow withdrawals
This broker service has a slow withdrawal process. I stopped trading with them a long time ago due to this.
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Do not give out bonuses
They do not give out bonuses and are not considerate to traders. They are just after collecting everyone’s money.
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Signals are not consistently good
Signals aren’t consistently good. Sometimes I get winning trades and sometimes I lost.
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Frustrating customer service
Customer service is so frustrating. As if there was no customer service at all. It is very difficult to contact them and once you get one on the line they are very unhelpful and rude.
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No professional skills
They are a bunch of useless people with absolutely no professional skills. They are very unhelpful and are always giving poor trading instructions.
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Very expensive instrument
A $50 initial deposit is just a trap. On the actual trading, trading instruments are very expensive.
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Only good on the beginning
It is said that as days pass by the good service turns to become worst. Their customer service is really very poor and signals are only great at the beginning and keep on getting worst.
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Worst experience with customer service
I had the worst ever experience with this broker service. Their customer service is very rude and unhelpful. I am asking for help regarding the platform but they are not interested in helping clients.
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More than 1 week withdrawal process
Everything about this broker is good except their withdrawals which take more than a week. This isn’t normal, I guess.
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Chaotic withdrawals
I have waited for more than 2 weeks to get my money from this broker. Withdrawals are so chaotic.
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Bad broker
I wish I never used this broker service, I lost a huge amount of money and my friend that I referred lost a lot as well.
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Poor customer service
Very poor customer service. During phone conversations, they sounded robotic and scripted.
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They put money on hold
They put money on hold, you can hardly withdraw and it is very difficult to contact them on withdrawal concerns.
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I am not happy with profit
The minimum deposit is very affordable but I am not happy with the profit I am getting from their signals.
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Withdrawal is very difficult
I wonder why it is so difficult to request for withdrawal, I was asked a lot of documents plus I was forced to invest the profits to add up to my trading funds instead. I am a bit frustrated about it as if they don’t want me to withdraw money at all.
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Slow withdrawal at unhelpful customer service
Frustrated with their slow withdrawal process and unhelpful customer service, I shouldn’t have used this broker service.
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Worst customer service among forex brokers
This broker got the worst customer service among forex brokers. As if they all knew in the company.
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Almost impossible to get through customer service
The broker signals are good but they have slow customer service. I always needed help with their platform lags but it’s almost impossible to get through customer service.
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I am not happy with thier customer service
I am not happy with the late responses on email and chats. I cant even get through thier customer service.
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Junky broker signals
Poor broker signals, market analysis is very far from reality. I had great losses that is why I switch to other forex brokers.
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Satisfied broker
The trading platform of this broker is undeniably good. They have fixed spreads that are low. Big bonuses. Satisfied trader for this broker.
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Happy until now!
• I trade with broker for a few years now. The tools are very helpful and they have responsive customer support 24/7. I haven’t tried any of the withdrawal options but I hope they will not fail me at some time.
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