- ThatFXTrader Review () - Forex Robot Nation
- FxTrader Review - is scam or good forex broker?
- Scam Broker Investigator • XTraderFX Review
- Review - is scam or good forex
The FCA has warned investors that this broker is not authorised, read more. You should read reviews of the most popular licensed Crypto and Forex brokers listed here.
ThatFXTrader Review () - Forex Robot Nation
FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT9 an MT5 platforms. Traders can start trading with as little as $65 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
FxTrader Review - is scam or good forex broker?
FxTrader is an offshore broker. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
Scam Broker Investigator • XTraderFX Review
Our review finds that they are offering the new Tradologic CFD Crypto trading software. This trading platform has only Crypto Currency pairs, against each other and the US dollar. Their website is available in English, German and Russian.
Review - is scam or good forex
In our reviews, we keep reiterating that regulation is the most clear-cut indicator of legitimacy and the best trust-creator in the business. We encourage our readers to invest funds only in properly licensed brokers in order to exclude any risk of foul play.
FxTrader is an offshore broker, your funds are not safe. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
Money managers, however are subject to even more strict regulatory regime than forex brokers, and what is more, a single company can not offer both services – money management and brokerage.
Most brokers are unregulated or regulated by an offshore regulation authority which won 8767 t help you in case of problem. Keep in mind that if a broker steal your funds, you won 8767 t be able to complaint about it unless they are licensed by a serious regulator such as the CySEC (Cyprus Securities and Exchange Commission).
Scam Broker Investigator reviews hundreds of Forex & Crypto Currency CFD brokers to see if they are a scam or legitimate brokers. The way to properly assess a Forex broker is by checking to see if FCA United Kingdom has authorised them, or if they are licensed by CySEC.
FXTrader scam broker is unfortunately nothing new on the market, there are many similar brokers, like 797GlobalTrade , Luxstar Group , SuperFXTrade , Pais Capital Group. They all work the same way. They do not have appropriate licensing.
FxTrader is an offshore broker. Problem with offshore brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
And at that stage quite too many people do invest that kind of money without realizing they have been scammed until the day they try to withdraw some of their balance. Than out of the blue it will turn out this is not possible because of some minimum trade volume requirement, linked to some trading bonus. The excuses might certainly be different, but the end result will always be the same – scammers will not give a single penny back.
For their managed account however you will have to invest no less than 65 555 USD, and here is where we have a problem. FxTrader is presented as a forex and CFD broker, and because virtually all brokers act as market makers, this means they make money whenever traders lose. So you can imagine that if you let market makers like FxTrader to manage your money, they will surely have the incentive to mismanage them and lose them in their own pockets.
FxTrader claims to be a regulated Financial Service Provider in New Zealand, but that simply turned out not to be true. As we already noted, the website is virtually anonymous – no company name or corporate details, not even a phone number – just some post box address, which simply does not count.
After doing some research, we found out that a lot of traders are reporting FXTRADER and writting bad reviews about it.
It seems like they are not happy about it and they warn others not to trade with them.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
Most people investing at XTraderFX were solicited via a 8775 get rich quick 8776 automated trading app. The problem is, these trading signal apps are useless, and you lose your money quickly. You can read more about the problems with trading robots.
XTraderFX does not have a license! They claim to be owned by GPAY Ltd, with an address of: 68 Stoke Road, Slough, SL7 5AG United Kingdom, but that isn 8767 t true.