TurboForex Review Content:
- TurboForex Notable Feature/s
- TruboForex Account Types
- TurboForex Platforms
- Promotions
- Methods of Payment
- TurboForex Education
- TurboForex Review: Customer Support
- TurboForex Review: What Do We Think?
TurboForex Broker Review:
TurboForex 2020 Review
If you’re looking for brokers that offer a winning trading experience, you can add TurboForex onto your list. TurboForex is an offshore broker. Its headquarters are in St Vincent and the Grenadines. Also, this industry-leading online trading brokerage was established in 2010 with the goal to offer excellent trading conditions and the most advanced trading technologies.
Also, TurboForex has been dynamically growing and has a current position. However, this broker does not focus on offering just one tradable asset; instead, it provides four including currencies, commodities, stocks, and indices.
Also, in terms of security, TurboForex ensures that client’s funds are safely kept in the most trusted international banks. Besides, TurboForex has its internal audit of the capacity of its funds to accomplish its duties to traders. Continue reading about the TurboForex review.
TurboForex Notable Feature/s
Also, the very first feature to take note of TurboForex is its low spreads. TurboForex is one of the online trading brokerages that offer the lowest spreads in the market, both fixed and variable. Moreover, this broker doesn’t set any rules that would limit your trading, meaning it doesn’t have a minimal open trade period or a minimal difference for opening and closing trades.
However, the third feature is what makes trading with TurboForex worth it. Bonus offerings. In addition, TurboForex regularly offers one of its deposit bonuses, but also quite often gives traders something more unique such as “Second Life” or “0-spread accounts”.
In addition to these benefits, TurboForex also offers the following:
- Full compensation of commissions for any funds processing
- Also, an opportunity to copy deals automatically
- Besides, you’ll get to 100% bonus per deposit
- Moreover, trading points for each closed trade
TruboForex Account Types
TurboForex provides clients with a wide variety of account types. Also, traders can choose from any account they see fitting their trading knowledge and their trading style. All account types are compatible via the MT4 platform and allow the use of leverage up to 1:500.
- Mini Account – The minimum deposit is 250.00 USD. It is suitable for those traders who trade smaller volumes.
- Standard Account – Minimum deposit is 1,000.00 USD. It is suitable for intermediate level traders.
- Premium Account – The minimum deposit is 10,000.00 USD. The account is targeted at experienced traders, with overall lower trading costs.
- Fixed Account – Offers the lowest fixed spread on the market for long term traders. The minimum deposit is 1,000.00 USD.
- Interbank Account – The min deposit is 5,000.00 USD. More suited for higher deposit clients, with direct access to interbank markets.
Also, the broker offers traders some impressive benefits like:
- Allows scalping
- Allows hedging
- Offers STP
- Low minimum deposit
TurboForex Platforms
In addition, TurboForex offers the trading platform every trader trusts the most, which is MetaTrader 4. Clients of TurboForex can trade via the MetaTrader 4 Desktop, Webtrader, and Mobile or Tablet. Thus, you can trade both ways: on the go or at home on a safe and trusted platform.
Promotions
TurboForex has several types of promotions. The first one is an up to 100% deposit bonus, which could be given for every deposit the client makes. There is also the points system, which seems to be a type of loyalty program where points can be used for purchases in the broker’s shop or converted into trading balance. The broker also offers a refer a friend 15% commission.
Methods of Payment
TurboForex provides several funding options: bank transfer, debit and credit cards, and the popular electronic payment systems Neteller, Skrill, and WebMoney, as well as the German payment system Sofort.
TurboForex Education
The broker offers a wide selection of educational resources. Understanding trading and effectively using strategies is an integral part of successful trading.
Besides, it’s imperative to have a decent comprehension of the TurboForex exchanging devices and the business sectors. Having an analytical approach may be an excellent way to approach trading with TurboForex.
TurboForex offers a decent choice of instructive assets. Invest some energy looking into how the business sectors and exchanging functions, make dynamic exchanges, trading times, and managing risk.
Moreover, having a systematic methodology might be a decent method to move toward exchanging with TurboForex.
Set aside other things and put some effort into checking out the TurboForex education materials and train yourself to think like a real trader. It’s a new skill-set for many, but it is what the market requires of you.
TurboForex Review: Customer Support
TurboForex offers multilingual customer support in English, Spanish, Portuguese, Czech, Chinese, German, French, Italian, Romanian, Slovenian, Hindi, Polish, Hebrew, Arabic, and Russian.
However, there is one disadvantage: TurboForex offers lower quality customer support features compared to other brokers like live chat, phone, and email support.
TurboForex review: Livechat Support at TurboForex
We tested the TurboForex live chat, and it works quite well. However, the answers were not consistent, as sometimes sites took more than an hour to get an answer we wanted. However, sometimes there was no response.
Email Support at TurboForex
We also sent a few messages to TurboForex, and answers were considerably quick. The quickest reaction from TurboForex was 4 hours, and the slowest response was five days. Sometimes there were no answers at all.
TurboForex Review: What Do We Think?
Besides, TurboForex has proved to be a competent and reliable broker. It has appropriate financial products offering an excellent trading platform. In addition, customer support is unique, and the broker also has favorable commissions and fees.
However, when it comes to its fees and commission, TurboForex doesn’t provide much information about the expenses involved. For example, when trading with them other than the spreads associated with each account type it is a bit unclear. Also, there are five trading account types, four of which have variable spreads and one with fixed spreads.
It offers more or less average trading conditions and, like most unregulated forex brokers that do not try too hard, it has a reasonably high initial deposit.
Its floating spreads with no commission may appear lucrative at first, but on second thought, they may not be that favorable.
Before making any type of a decision, make sure to do additional research. We wish you good luck trading!
Unregulated broker
They do not have regulations and are only trying to get money from people.
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Fraud
Fraudulent activity. Avoid them by all means.
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No withdrawals
No withdrawal of funds here. Do not deposit anything.
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Bad people
Bad people. They never pay profit and will charge you of violation.
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Arrogant brokers
Very arrogant brokers. They always ask for more money but did not bother to explain what happens to my trades.
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Fraud
Avoid this broker company. They are frauds and never pay a profit.
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Arrogant brokers
Very arrogant brokers. They always ask for more money but did not bother to explain what happens to my trades.
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Bad broker
I was deceived by this company. I have lost all my money in an instant.
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Fake trading
What they have is a trading scheme and not real trading. Everything here isn’t real.
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Not real brokers
Do not invest your hard earned money with this broker. They are not real brokers.
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Not a fair broker
This broker is not fair. There are so many surprising charges and policies that pops up.
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Arrogant brokers
Very arrogant brokers. They always ask for more money but did not bother to explain what happens to my trades.
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Arrogant brokers
Very arrogant brokers. They always ask for more money but do not bother to explain what happens to my trades.
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Delayed withdrawals
Delayed withdrawals. I had an annoying long wait.
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Not a good broker
I can not fully rely on the services. Not a good broker.
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Bad company
Bad trading company. Do not deal with them.
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Promise too much
They promise too much. On actual trading, they do not perform well.
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Bad company
Bad trading company. Do not deal with them.
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Poor customer support
Poor customer support. They are not able to help in any of my concerns.
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Bad company
Bad trading company. Do not deal with them.
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Terrible broker
A terrible trading platform and services. Do not trade with this broker company.
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Unproductive
Very unproductive to trade with. I am not earning even a single cent, all losses.
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Rude customer service
Rude customer service. Aside from ignoring my messages, they even don’t answer phone calls.
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Bad company
Bad trading company. Do not deal with them.
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Avoid this broker
Avoid joining this broker by all means. They will keep on collecting money but will never let you withdraw anything. Poor and unworthy services.
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Can't withdraw money
I requested for total closure of my account and so I have withdrawn my remaining money. They said it has been processed. it’s been 2 weeks now and I still don’t have my money. Worst I can’t log in to my account anymore and I can’t get through customer service.
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Bad company
Bad trading company. 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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Bad company
Bad trading company. Do not deal with them.
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Poor customer support
Poor customer support. They are not able to help in any of my concerns.
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Illegitimate company
Not a legitimate trading company. Do not trade with them.
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Bad company
Bad trading company. Do not deal with them.
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Bad company
Bad trading company. Do not deal with them.
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Bad company
Bad trading company. Do not deal with them.
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Rude customer service
Rude customer service. Aside from ignoring my messages, they even don’t answer phone calls.
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Bad company
Bad trading company. Do not deal with them.
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Poor customer support
Poor customer support. They are not able to help in any of my concerns.
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Bad company
Bad trading company. Do not deal with them.
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Bad company
Bad trading company. Do not deal with them.
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Bad company
Bad trading company. Do not deal with them.
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Bad company
Bad trading company. Do not deal with them.
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Bad company
Bad trading company. Do not deal with them.
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Not recommended
Worst customer service and poor signals. I am not going to recommend this trading company.
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Promise too much
They promise too much. On the actual trading, they do not perform well.
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Bad company
Bad trading company. Do not deal with them.
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Bad company
Bad trading company. Do not deal with them.
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Bad company
Bad trading company. Do not deal with them.
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Bad company
Bad trading company. Do not deal with them.
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Bad company
Bad trading company. Do not deal with them.
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Unregulated and dishonest
Stay away from this company. Unregulated and dishonest brokers.
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Poor services
Poor trading advise. I have lose so much money because of this.
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Poor services
Poor trading advise. I have lose so much money because of this.
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Poor services
Poor trading advise. I have lose so much money because of this.
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Poor services
Poor trading advise. I have lose so much money because of this.
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Stay away
Stay away from this broker company. You will only lose money here.
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Drastic price increase
They increase prices drastically. I started with a very affordable price but they keep on increasing the prices.
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Worst signals
The worst signals I have ever used. As if these are just mere speculations and not based on facts.
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Drastic price increase
They increase prices drastically. I started with a very affordable price but they keep on increasing the prices.
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Great customer service
This broker service has the greatest customer service, has a lot of available representatives to assist and speak several languages.
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Do not believe
Do not believe their lies. They are just trying to fool people.
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Arrogant brokers
Very arrogant brokers. They always ask for more money but did not bother to explain what happens to my trades.
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Very frustrating withdrawal process
I am very frustrated with their withdrawal process. Aside from the difficult requirements, you have to wait too long before the money is credited. Not good for me.
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Stay away
Stay far away from this trading company. They are not good at all.
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Terrible broker
A terrible trading platform and services. Do not trade with this broker company.
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Inaccurate signals
I do not recommend trading with this broker company. Signals are inaccurate and unprofitable.
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Worst company
Worst company. Do not invest money here, they are very unprofessional.
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Not recommended
Worst customer service and poor signals. I am not going to recommend this trading company.
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Worst signals
The worst signals I have ever used. As if these are just mere speculations and not based on facts.
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Promise too much
They promise too much. On the actual trading, they do not perform well.
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Poor broker service
Have dealt with them for the past six months and I was never satisfied. Most of the signals I get are against the market movements.
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Poor company
I have deposited money on this but they vanished after getting my money. Poor trading company.
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Not a good broker
I do not recommend trading with this broker. Aside from the slow withdrawals that you have to endure, they aren’t good brokers at all.
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Not good
I had so many withdrawal and software issues. Not okay to trade with.
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Scammers
Scammers hiding in some places. They can not even clearly say where are they located.
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Not recommended
The big trading company but poor broker performance. Not a recommended trading broker.
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Worst services
This ain’t a good broker company. Have tried their services and it is one of the worst.
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Slow withdrawals
Trading with them had caused me so much trouble. I had withdrawal issues all the time.
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Terrible
Terrible customer service and brokers are not skilled enough to execute good account handling.
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Untrustworthy
Untrustworthy broker service. They will tell you so many promises but nothing is real.
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Bad people
Bad people that are highly skilled in stealing money from people.Report them right away.
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Terrible broker
A terrible trading platform and service. Do not trade with this broker company.
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Waste of money
Do not trade with them. It is just a waste of money.
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Poor customer support
Poor customer support. They are not able to help in any of my concerns.
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Inaccurate signals
Not an ideal trading broker. The signals are inaccurate.
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Worst tools
Worst trading tools. There are so many glitches.
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Bad broker
They ask for so many documents only to reject withdrawal requests on a different ground after the documents had been completed. Bad broker.
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Difficult withdrawals
Very difficult process of withdrawals. Do not trade with them.
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Do not trade here
Do not trade with this company. They do not pay a profit.
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Poor offers
The offers aren’t that good. I felt like I have just wasted my time on this.
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Lose money here
Started losing minimal amounts which for me is normal however losses increase as the days pass by and so I closed my account instead.
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Scammers
Scammers. I was victimized by their trading schemes.
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Not a good broker
I am not going to trade again. I have lost money on this company’s trading scheme. Avoid their offers, not good.
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Incompetent broker
Incompetent forex broker. I did not gain profit trading with them. They provide poor broker signals.
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Inaccurate signals
I do not recommend trading with this broker company. Signals are inaccurate and unprofitable.
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Scammers
Do not provide any details to these people. They are scammers.
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Unproductive
Very unproductive to trade with. I am not earning even a single cent, all losses.
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Stay away
Not a legit trading company. Stay away from them.
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Slow withdrawals
Do not deal with this broker service, they will just steal your money. Slow withdrawal process and poor broker signals. I only used their services for a few weeks, not a good broker.
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Rude and unreliable
Extremely rude and unreliable. Do not deal with this broker service.
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Not good
I had so many withdrawal and software issues. Not okay to trade with.
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Terrible trading partner
Terrible trading partners. They are just after my hard-earned money.
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Worst broker service
The worst broker services I have experienced. Slow withdrawals, slow customer service, and poor trading platform.
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Stay away
Stay away from this broker company. You will only lose money here.
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Poor services
Poor trading advice. I have lost so much money because of this.
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Bad company
Bad trading company. Do not deal with them.
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Illegitimate company
Not a legitimate trading company. Do not trade with them.
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Worst company
Worst company. Do not invest money here, they are very unprofessional.
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Useless signals
Useless signals. It is better to trade on my own.
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Slow responses
Slow responses from support and unannounced changes on policies. Really very annoying.
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Missing withdrawals
I am so frustrated with my missing withdrawals. They never pay attention to my messages about it.
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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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Scammers
Scammers hiding in some places. They can not even clearly say where are they located.
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Harassing
This ain’t a decent broker for forex trading. They sounded so harassing and manipulating.
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Drastic price increase
They increase prices drastically. I started with a very affordable price but they keep on increasing the prices.
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Scammers
Be very vigilant, avoid this trading company. They are scammers and not legit trading brokers.
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Poor services
Poor trading advice. I have lost so much money because of this.
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Avoid this broker
Avoid joining this broker by all means. They will keep on collecting money but will never let you withdraw anything. Poor and unworthy services.
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Slow customer service
Slow customer service. They are not good at all.
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Not recommended
Worst customer service and poor signals. I am not going to recommend this trading company.
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Poor customer support
Poor customer support. They are not able to help with any of my concerns.
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Worst customer service
Worst customer service. Always unavailable to assist.
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Promise too much
They promise too much. On the actual trading, they do not perform well.
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Bad broker company
Trading with them has caused me so much trouble. Do not deal with this broker company, not good at all.
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Can't withdraw money
I requested for total closure of my account and so I have withdrawn my remaining money. They said it has been processed. it’s been 2 weeks now and I still don’t have my money. Worst I can’t log in to my account anymore and I can’t get through customer service.
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Slow customer service
Slow response from customer service. every time I needed help and call their hotline, it takes so long for someone to pick up the phone. Email at chat response comes with great delays as well.
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Do not trade
Do not trade with them. They will never process your withdrawals.
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Difficult withdrawals
This broker will take your money quickly upon deposit but will give you hard time upon withdrawal.
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Scammers
Do not do any transactions with them. Avoid giving them any information, they are scammers.
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Not recommended
I am not recommending this broker, of its slow withdrawals, and unreliable services. Do not deal with this broker.
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Disrespectful customer service
Disrespectful customer service. They sounded so rude all the time.
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Stay away from this
Make sure to stay away from this. All is just a trap, to make you give your bank details.
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Slow withdrawals
Very slow withdrawals. This is the only thing I do not like about them. That is why I quit trading with this broker.
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Do not deal
Signals are poor and so are the services. Do not deal with them.
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Unregulated and dishonest
Stay away from this company. Unregulated and dishonest brokers.
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Slow withdrawals
Very difficult and slow withdrawals. I am not using this broker service again.
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Worst broker
Worst trading brokers. Avoid trading with them. I had nothing but losses.
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Disappointed with services
Disappointed with this broker’s services. The withdrawal process is really very slow and their signals are not profitable.
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Bad customer service
Bad customer service. They are very unhelpful and rude. I encounter arguments every time I call and ask for help.
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Poor trading condition
Poor trading conditions and long processing time for withdrawals. I will never trade with them again.
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Rude customer service
Rude customer service. Aside from ignoring my messages, they even don’t answer phone calls.
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Bad services
The trading platform is always down and customer service are always unavailable.
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Not good
Not a good broker, stay away from them. They will only ripped your wallet off.
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Unproductive
Very unproductive to trade with. I am not earning even a single cent, all losses.
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Bad customer service
Bad customer service. They are unhelpful and rude.
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Not a good deal
Not a good deal. I lose more money.
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Stay away
Stay away from this broker company. Signals are not good enogh.
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So much losses
Not worth trading with. I had so many losses.
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Poor customer service
Poor customer service. They can not assist me in my trading needs and can not seem to understand English fully.
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No withdrawal process
No withdrawal process. They will just give out excuses but will never let you withdraw money.
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Worst tools
Worst trading tools. There are so many glitches.
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Fake broker company
Not a real broker company. They even fake their names.
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Poor customer service
Poor customer service. Unable to assist, can not even communicate well.
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Annoying phone calls
I was convinced to set up an account with this broker for free. Much to my surprise after the set up they on calling forcing me to add money. Calls are more than annoying, they keep on calling even if I said no, that I have changed my mind, they call many times a day.
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Bad customer service
Bad customer service. Always unwilling to help.
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Slow withdrawals
Very slow withdrawal process. From filing and waiting for approval, until the crediting stage took them so much time.
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Not good
I had so many withdrawal and software issues. Not okay to trade with.
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Unprofessional broker
Add this broker to your do not deal list. This broker do not pay profit and the people are very unprofessional.
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Unable to withdraw
I am unable to withdraw profit, they block all requests.
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Slow withdrawals
Slow withdrawals. This is the reason why I quit trading with this broker.
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Unable to withdraw
I am unable to withdraw profit, they block all requests.
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Ridiculous withdrawal process
Ridiculous withdrawal process. It took them a few weeks just to process and approve my withdrawal request.
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Do not trust
Do not trust these people. They are scammers and we’ve got no idea of their office address.
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Not good
I had so many withdrawal and software issues. Not okay to trade with.
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Unreliable signals
Do not trade with this broker company. Signals are unreliable.
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Slow customer service
Slow responses from customer service. I am not trading with this broker again.
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Bad customer service
Bad customer service. Always unwilling to help.
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Worst services
Worst services. I am not trading with them again.
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Bad customer service
Bad customer service. Always unwilling to help.
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Limited payment channels
Limited payment channel for withdrawals. The process is very lengthy and the requirements are anoying.
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Not a good broker
I do not recommend trading with this broker. Aside from the slow withdrawals that you have to endure, they aren’t good brokers at all.
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Bad customer service
Bad customer service. Always unwilling to help.
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Rude and unreliable
Extremely rude and unreliable. Do not deal with this broker service.
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Fake broker
If you look at the data on the trading platform, all seems fake. I see different data from google.
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Poor trading company
Poor trading company. Not a good one to deal with.
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Unreliable signals
Unreliable trading signals and services. I will never trade with them again.
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Slow customer service
Slow responses from customer service. I am not trading with this broker again.
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Bad customer service
Bad customer service. Always unwilling to help.
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Do not deal
Do not deal with these broker companies. They are really one of the worst.
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Huge losses
I have closed my trading account to stop losses. I noticed several losses and I quit before it’s gonna be too late for me.
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Low-standard services
Low-standard trading services.I do nnot recommend trading with this company.
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Do not approve withdrawals
Avoid dealing with them. They freeze money and do not approve withdrawal requests.
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Poor broker
Good trading broker at first but becoming worst as months pass by. Do not trade with this broker.
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Do not deal with them
They will just steal your money. Do not deal with them.
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Slow customer service
Slow responses from customer service. I am not trading with this broker again.
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Worst withdrawal process
They’ve got the worst withdrawal process. The wait is very long.
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Poor trading software
Poor trading software. Very confusing user interface.
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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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Ineffective brokers
This is not the worst broker. Somehow customer service is good but profit-wise, they are not effective brokers for forex trading.
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Slow customer service
Slow responses from customer service. I am not trading with this broker again.
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Do not pay profit
They do not pay a profit. I experience so much trouble getting my withdrawal request approved.
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Bad customer service
Bad customer service. Always unwilling to help.
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Poor broker
Good trading broker at first but becoming worst as months pass by. Do not trade with this broker.
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Worst signals