Introduction to Libertex review
Libertex is an online CFD and forex broker who is a part of multinational brand Forex Club Group. Founded in 1997, this European broker has since extended its reach in 27 countries, offering its 2.2 million clients worldwide services in currencies, commodities, stocks, indices, and cryptocurrencies.
The firm has also earned 30 international awards, with the latest including the Best Crypto-Currencies Broker and the Best Trading App in 2017 and 2018. Its platform features 213 assets available for trading.
When it comes to trading platforms, this broker offers its own proprietary platform, which is accessible through the web or mobile phones (iOS and Android).
Once traders have funded their live Libertex accounts, they can simply select an asset type, the amount of money to commit, and then speculate on a market’s movement.
Libertex Account Types
The Libertex keeps its account types to a minimum. The platform offers a Demo and two live accounts, i.e., the Libertex and Libertex Pro account. The process of switching from a Demo account to a live account and vice versa is easily done as well.
Clients may start trading with Libertex for as low as €10, and the process would only take 5-10 minutes.
Here’s a rundown of each account:
Demo Account
- Web-based and mobile trading available
- Terminal used is the same as where live trading takes place
- Virtual money worth €50,000 will be automatically credited
Libertex Account
- Leverage up to 1:600
- No spread charges
- Commission starts from 0.03%
- $100 minimum transaction amount for all tools
- Marker order execution available
- Mobile (iOS and Android) trading available
Libertex Pro Account
Clients of Libertex with Pro accounts can benefit from not being subjected to the new European leverage restrictions and a maximum leverage of 1:600, although traders must first meet at least two of the following requirements to be able to register for a Pro account.
- Traders must have done at least 10 transactions per quarter, of considerable size, over the last four quarters on the relevant market.
- They need to have a background in the financial industry. At least one year of experience in a job involving financial-related transactions or services.
- The size of the portfolio should be more than €500,000 (including cash savings and financial instruments.
Trading Products at Libertex
The Libertex platform caters to a wide range of trading assets, including currencies, metals, indices, stocks, ETFs, oil and gas, agriculture, as well as cryptocurrencies. All assets use a market execution method. Details of each asset are as follows:
Currencies
- Libertex has a total of 49 currency pairs available for trading, which includes 7 majors, 21 crosses, and 21 exotics.
- Commissions are included and vary, depending on the currency pair.
- Lowest commissions charged is -0.011% (EUR/USD), while the highest is -0.41% (USD/RUB).
- Maximum leverage is 600
Metals
- The platform allows trading in five metals, i.e., Gold, Silver, Platinum, Palladium, and Copper.
- Maximum leverage is 200
- Lowest commissions charged is -0.252% (Copper), while the highest is -0.004% (Spot Gold).
Indices
- Clients may perform trades on 18 stock indices across the US, Europe, and Asia with Libertex.
- Some of the well-known indices this broker cover include Dow Jones, DAX, and Nikkei 225.
- Maximum leverage is 500
- Lowest commissions charged is 0.0% (MEX BOLSA Index), while the highest is -0.015% (US Dollar Index Future).
Stocks
- Libertex has 50 stock CFDs available for trading, which include blue chips of the US market as well as popular stocks from Europe and Latin America.
- Leverage for all stocks is 5
- Lowest commissions charged on some stocks is 0.0%, while the highest is -0.02%.
ETFs
- There are 10 ETFs accessible for clients
- Maximum multiplier is 20
- Lowest commissions charged is -0.175%, while the highest is -0.075%.
Oil and Gas
- Traders are given access to 5 Oil/Gas instruments on the platform, i.e., Brent crude oil, WTI crude oil, Light Sweet crude oil, Natural Gas, and Heating Oil.
- Maximum leverage is 120
- Lowest commissions charged is -0.516% (Natural Gas), while the highest is -0.0042% (Heating Oil).
Agriculture
- There are 6 agricultural commodities that Libertex caters to, namely, Cocoa, Coffee, Corn, Soybean, Sugar, and Wheat.
- Leverage for agricultural commodities is 50
- Lowest commissions charged is -0.191% (Coffee), while the highest is -0.072% (Soybean).
Cryptocurrencies
- Libertex offers 40 crypto assets, including but not limited to Bitcoin, Ethereum, Dash, Litecoin, and Ripple.
- Brokerage fee for CFD trading in cryptocurrencies is cut by 50%.
- Leverage for all cryptocurrencies is 20
- Lowest commissions charged is -1.02% (Litecoin), while the highest is -0.1% (Bitcoin Gold).
Trading Conditions at Libertex
Below discusses some of the important conditions that traders need to consider if they intend to open an account with Libertex.
Commissions
- There are no spreads charges for trades with Libertex, only commissions.
- A commission is charged for each trade performed on the platform.
- Percentage charges included in Libertex’s assets are different as well.
Leverage
- All trades performed on the Libertex platform can be leveraged. Rather than having a fixed leverage number, this broker employs a multiplier which could vary depending on the asset being traded.
Leverage on Libertex functions based on the trader’s categorization status, i.e., Retail or Professional client.
- Once Retail clients open a position, the margin requirements will be based upon the leverage, meaning the leverage establishes clients’ trade amount.
- Professional clients, on the other hand, can trade without leverage. They will be investing their own money, which will be kept on their account, while no margin will be taken.
Conclusion – Is Libertex good?
Based on the Libertex Review above can be said that: trading with Libertex offers a number of advantages. One of them is its regulation by the Cyprus Securities and Exchange Commission (CySEC), as this helps ensure client fund safety and segregation.
This broker also keeps a tight rein on its clients’ risk exposure. The risk exposure is limited to the amount of opened transactions, and not to the account balance. When it comes to its set commission schedule and multiplier, these two can either be beneficial or unfavorable, depending on the trader’s experience. The execution of trades on the platform could be more efficient, due to the multiplier and the absence of dealer spreads.
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Support
(3.5)
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Platform
(3.5)
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Spread
(3.5)
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Trading Instrument
(3.5)
Arrogant brokers
Arrogant account managers. Sounded like you just need to follow as they say. Very manipulative, I was forced to deposit more money.
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Irresponsible customer service.
This broker service got the worst customer service I have ever dealt with. Very unresponsive and irresponsible, I am so much frustrated with the missed appointment calls.
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Trading terms are not good
I thought this is a perfect broker for me but then when I am doing the actual trading, I began to realize that their trading terms aren’t as good as other brokers offer.
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Not good forex signals
I have used their services in the past and I can say that it is not so profitable. Signals are good but not so accurate.
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Unreliable broker signals
Signals are very unreliable,this broker doesn’t even have a good market analysis.
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Complicated platform
Good broker signals but the platform really sucks. Very complicated and confusing.
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Disrespectful and sarcastic
These people especially the ones in customer service are really very bad. They are very sarcastic and disrespectful.
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Difficult withdrawal process
It is very difficult to secure withdrawal approval. They would ask for documents over and over again.
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Useless broker service
I have used this broker service sometime last year and I can say that the services are very useless. You can not rely on the broker signals and worst can’t even rely on thier customer service who are very difficult to contact.
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Delayed responses from customer service
Customer service replies come in great delays. They are very slow in emails and chats. Every time I tried calling them, I always wait in a queue.
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I keep on getting losing trades
They have great customer service, people are nice and helpful. The only problem I have though is that I keep on getting losing trades, signals from the broker are very poor that is why I change broker.
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No words of honor
This broker service has no words of honor. I would tell you things from the start but will change it afterward.
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I lost all my money in an instant
All who traded with this broker has a story to say and I guess mine is the worst. They ask to deposit more and I am convinced because they showed good result onset. However, all the money I have invested is gone in an instant.
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A bit rude and unhelpful
Signals are fine, trading terms are also good for me. However, I can not tolerate the behaviors of brokers and customer service. They are a bit rude and unhelpful.
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Seems fake and take money away
This broker used a variety of lies to promote their services but on the actual trading, nothing is true. They are just one of the forex brokers who seems to be fake and will just take money away.
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Not good at all
I was very disappointed with this broker service. They are not good at all.
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Slow withdrawal and not profitable
I have so many regrets for choosing this broker service, withdrawal is very slow and signals are not profitable.
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Poor trading conditions
Poor trading conditions. They only publish good ones but on the actual trading, they will change terms from time to time.
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Withdrawal is very difficult
This is a good broker except for that withdrawal is really very difficult, services are all okay.
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Misleading
This broker service always misleads people. I will tell you a different initial deposit but later on, I will ask more if you wish to start trading after account activation.
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Professional and skilled
I have dealt with so many brokers but this one is the worst. They ate very unprofessionally and signals are really poor.
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Bad customer service
Bad customer service. They are not available most of the time and their behavior is very bad.
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Two thumbs up
Superfast withdrawal process,hassle-free and smooth transactions. Two thumbs up for this broker service.
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Slow withdrawal
Good trading terms specially leverage. The only thing I am concern about is the slow withdrawal process.
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Unreliable signals
Unreliable broker signals. I have traded with them for a couple of months but I got more loses than winning trades.
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Poor broker performance
Slow customer service and poor broker signals. I have traded only for a month due to poor broker performance.
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Difficult withdrawal process
I have used the service in the past. They have the most difficult withdrawal process.
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So much technical problems
I had so many technical problems with thier platform. And it greatly affects my trades.
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Aggressive marketing styles
Services are good. The only thing I hate really is their aggressive marketing styles.
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Bad brokers
Bad broker service, poor signals, and slow withdrawals.
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Annoying
The brokers are so aggressive in asking for more money and it really sounded so annoying.
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Slow withdrawals
Very slow withdrawals. I won’t recommend this and will never trade with them again.
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Avoid this broker
Avoid dealing with this forex broker, they will give you a hard time during withdrawal requests.
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Worst
Do not deal with them. Worst forex brokers.
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Terrible company
Terrible company for forex trading. Find some other broker and do not deal with this, not good services at all.
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Complicated trading platform
Vey complicated trading platform. I have been learning it but I find it so difficult to understand.
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Huge transaction fees
Huge transaction charges as if profit will only be used to pay them off.
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Bad brokers
They helped me open accounts with initial deposit however after account opening I was asked to add more to start trading which I can’t for I do not have anything to add on. They charge me for non-activity and now not letting me withdraw my money.
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Slow withdrawals
They have set the expectation that withdrawal is 3-5 business days. It is the 11th day now but the money isn’t still credited on my bank account and worst they can not give me a concrete answer as to when it will be credit and why is it delayed.
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Slow withdrawals
I am not happy with their withdrawal process. It brings so much stress and is very slow.
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Constant price change
I am an experienced trader and they can’t fool me with pricing. Prices here change constantly as if something is really wrong.
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Do not deal
Do not deal with this broker service. Signals are very poor.
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Long withdrawals
There are so many things to fulfill prior withdrawal. It is also a long process.
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Disappointing performance
Disappointing broker performance. I never get good profit out of trading with them.
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Unhappy with the services
Unhappy with the services I am getting. Withdrawal is slow and difficult. I am closing my account.
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Slow withdrawals
Great customer service, they are very helpful. I am just annoyed with their withdrawal process. It is very slow.
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Trouble with withdrawal
I am in trouble requesting for withdrawal. I’m gonna be closing my account and will never trade with this again.
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Terrible
Terrible brokers. Poor signals, I have lost huge money in just a few weeks.
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Impatient customer service
This is not a good broker service, withdrawals are very slow and customer service is very impatient.
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Poor broker services
I am not trading with them again. Services suck.
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Poor trading services
Poor trading services. Withdrawals are very slow and customer service is not attentive to customer needs.
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Worst broker
Do not trade with this broker, they do not pay out the profit. Worst I have ever dealt with.
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Unprofitable
I am not satisfied with the overall performance of this broker service. Not profitable.
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Incompetent customer service
Incompetent customer service. Every time I call to ask for help they do not know what to do.
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Poor trading platform
I am using this broker service for only a month now and I want to stop and switch. Platforms lag almost on every transaction and I cant easily call their customer service. It is very frustrating.
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Poor services
Services are of poor quality. Rude customer service and slow withdrawal process.
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Poor broker performance
I am dissatisfied with the overall performance. I am not getting good profit and worst they do not allow withdrawals.
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Poor services
The trading platform is always down and customer service is always unavailable. Poor services.
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Limited payment channels
There are so many easy ways to deposit, I wonder why it is difficult to withdraw and payment channels are very limited.
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Slow withdrawals
I am a bit disappointed with their withdrawal process, aside from lots of documents needed, I am waiting so long for the money. It’s been a week I still don’t have it.
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Crappy customer service
Crappy customer service. Seldom answers chat and email. It sounded very dull. I am not trading with them again.
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Unprofitable
Customer service is always happy to assist but I am not satisfied with the trading result. I did not get any profit at all.
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Poor broker performance
Poor broker performance. From signals to services and even withdrawals, all are worst.
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Frustrating broker service
Frustrating broker services. Nothing is good. Withdrawal is very slow and customer service isn’t helpful.
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Poor services
Unresponsive customer service. The response on chats and emails are also delayed. Poor services.
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Difficult to withdraw
Do not deal with this broker. Depositing is as easy as 123 but withdrawals are almost impossible. They will become unresponsive once you start requesting withdrawals.
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Do not deal with them
This forex broker is more of trained thieves stealing money from people. I have lost so much money on thier schemes. Beware, do not deal with them.
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Waste of time
This broker will just be wasting your money and time. At first, I gain little profit and they’ve made my deposit for more in order to gain huge profit which I did. But surprisingly after I redeposit huge enough, I got all losing trades and my money was gone.
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Frustrating brokers
I am so frustrated with this broker service. Withdrawals are really very slow and customer service response as well.
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Poor signals
Do not deal with this broker service. Signals are very poor.
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Worst broker
Extreme volatility and worst signals I have ever had in forex trading. Worst brokers.
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Technical issues
There’s so much technical problem and they are not known to assist.poor forex brokers, I may say. I always have to call them every time and worst they are so difficult to contact.
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Rude and manipulating
All are just fair. The only thing I hate really is their aggressive marketing styles. They sounded so rude and very manipulating.
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Slow withdrawals
Slow withdrawals. It is a bit annoying experience I had from this broker. I end up closing my account, withdrawals are always slow.
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Difficult to withdraw
There’s a lot of trading instruments to choose from and I am also very pleased with the services. The problem I faced is that very tedious withdrawal verification.
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Poor customer service
Poor customer service I have ever encountered. Aside from they are very unresponsive, they have the worst behavior I have ever encountered.
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Poor trading performance
Poor trading performance overall. I have lost so much money on their trading signals.
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Beware of this broker
Beware of this broker service, they do not pay off the profit. Find a different broker and avoid dealing with this instead.
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Poor trading instruments
This broker offers so many trading instruments on their trading platform however most of them aren’t really working well. I am not happy trading with them, I feel like it is just a waste of time.
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Difficult withdrawals
Better think twice before opening an account with this broker. I had a hard time requesting the withdrawal.
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Bad broker
Bad broker and poor customer service. They are very assertive and alert on deposits but don’t give a damn to help in any withdrawal and trading concerns.
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Poor broker services
I have stopped trading with them last month because of slow withdrawals and poor signals. I never gain anything ut got so many losses instead.
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Bad broker
Do not be deceived by their strong marketing and sales promoting their forex trading. I was once a victim of this broker. I have lost all of my money on my trading account.
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Do not trade with this
Be careful in choosing your broker for forex trading. If you ever came across this broker, do not trade with them. They’ve given me a hard time requesting withdrawals.
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Slow withdrawals
Slow withdrawals. I keep on waiting on all withdrawals I have requested. This made me close my account instead.
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Poor forex broker
I have traded with this broker and have lost huge money in an instant. I am a bit surprised to have lost that much. I suppose they are a good broker but results say otherwise.
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Unreliable forex broker
I can not rely on their service for forex trading. Signals are not really accurate and there is a bit delay in the execution. This broker can not match the fast pace environment of forex trading.
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Poor withdrawal process
I have used the service for a few weeks. What I do not like about this broker is that they keep on reversing withdrawals requests with no clear explanation. Withdrawal has always been an issue here.
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Not a good broker
It’s a no for this forex broker. The services are very unreliable. I have traded for a month but I can not trust them enough and so I close my account immediately.
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Frustrated with this broker
I am deeply frustrated with this broker service. Upon deposit, they projected so many things offering help for me to earn extra income. They told me to do this and do that which I did. But nothing happens, no wins, no profit, all losses, and worst, they do not let me withdraw what’s left on my trading account.
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Troubled withdrawals
I have used this broker in the past and have immediately closed my trading account because I had trouble requesting for withdrawal.
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Hassled withdrawals
I get the worst trading experience with this broker service. I filed for withdrawal requests for the first time and they gave me a hard time. I started well until the withdrawal request, services suddenly become bad.
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Poor forex broker
Not the type of the broker to keep. Signals are most of the time inaccurate. They do not have strong market analysis.
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Poor signals
Inefficient customer service. There is a great delay in all transactions. Poor signals.
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Poor broker services
I got so many problems dealing with this broker. I faced so many technical issues and slow withdrawals.
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Poor broker services
For month-long trading with this broker, I have several observations. First, withdrawals are really very difficult and slow. Second, customer service is slow, unresponsive, and rude. Lastly, signals are not profitable.
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Bad broker
I am a victim of their trading schemes. They ask me for money claiming to give me good returns but unfortunately, I have lost all those money instead.
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Unresponsive customer service
I am frustrated with their customer service. I am new to all of these and I needed help but they are very unresponsive. I can not rely on their services.
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Bad broker
Do not believe in their $100 initial deposit it is just a trap to have you activate an account. After account activation, they will show you how to trade and how the $100 is not enough to place a trade. Then they will start forcing for more money.
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Poor terms and services
Poor trading terms and services. They will keep on changing the terms as if it is a way to freeze accounts and block withdrawals.
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Bad broker
I do not really have to explain everything why you shouldn’t be dealing with this broker. You can read so many bad comments online about them. I wish I get to read those prior to joining this broker, it could have saved me from huge losses.
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Poor trading signals
I can not fully rely on this broker’s signals. The signals are sometimes against the market movements.
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Delayed withdrawals
One of the worst forex broker company. Employee’s behavior are really frustrating. Withdrawal is very difficult and has great delays.
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Poor forex broker
Delayed order execution and slow withdrawals. Good platform but the overall trading result is poor.
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Annoying technical problem
Good customer service but really terrible trading software. I never had any problem with other services except their annoying technical problems on all of their trading tools.
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Waste of time
Services are just okay but I am not happy with what I get here. I feel like it is just a waste of time.
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Slow withdrawals
Slow withdrawals. I had trouble getting my profit. I will never trade with them again.
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Slow withdrawals
Slow customer service and slow withdrawals. I will never trade with them again.
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Bad broker
Bad broker services. Do not trust them in any way.
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Slow withdrawal process
Very slow in processing withdrawals. I asked for so many documents and I was asked to wait for a few weeks.
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Bad broker
They will turn to be very difficult to contact when you start to request withdrawals. I regret dealing with them, I am unable to get my money back.
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Do not deal
I deposited money here but never get anything in return. Do not deal with them.
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Poor trading tools
Tools for online trading from this broker are really the worst. I always encounter technical problems and up until I closed my account, all the issues are left unresolved.
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Not a good broker
This is not a good broker, my story will tell you why. I traded with this broker and have succeeding losses. Also, their market analysis is not 100% accurate not even 50%.
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Annoying customer service
Annoying customer service. I have opened an account with this broker and as a new trader, all I see on the tolls are new to me. But instead of helping me, customer service even made things more complicated than they use to be.
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Difficult to withdraw
Do not deal with this broker. It is very difficult to ask for a withdrawal. They always give me hard time.
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Bad customer service
Bad customer service. They can not help and yet sound very rude.
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Poor services
Poor services. I lose huge money here.
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Hard time on withdrawals
I suggest not to deal with this broker. It is their practice to give you hard time on withdrawals.
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Frustrating experience
I am so frustrated with this broker. I keep on requesting withdrawals and they always reject my request. I am hopeless as if I will never get my money back.
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Poor trading signals
I will never recommend this forex broker. Withdrawal is really very difficult and signals are not worth it.
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Poor services
Poor trading services with so many technical issues. I do not recommend this trading broker, not good enough.
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Slow withdrawals
Slow withdrawal process and poor customer service. Avoid dealing with this broker, not good at all.
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Limited options
Very limited trading options and so for withdrawal. Services are somewhat okay but not good.
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Did not pay me profit
Thy haven’t paid my profit yet. They are not responding on my messages either.
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Bad broker company
The worst part of trading with them aside from the losses is that I am unable to get any money left on my account. I do not recommend trading with this broker.
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Lost money
I regret trading with this broker. The offer seems so good but I was wrong. I have lost huge money on this.
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Unreliable signals
The signals are unreliable. I am not earning from this broker service.
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Slow customer service
Very slow customer service. They tend to ignore messages too.
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Do not trade with them
They did not pay my profit. Do not trade with them.
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Poor trading signals
I am very frustrated with this trading broker. The signals are poor and the analysis is not even accurate.
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Slow withdrawals
Very difficult and slow withdrawal process. Poor services and really the worst customer service I have a deal with.
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Worst signals
I incur so many losses when I traded with this broker back then. Well, they’ve got good customer service but signals are really worst.
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Bad trading experience
I am so much upset with my trading experience. I have to gain minimal profit at first and they told me that adding more money will help me make more profit. But after doing so, I started losing money.
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Unprofitable
Good customer service however I am not gaining any profit from their signals. That is why I have to change my broker.
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Worst signals
They’ve got the worst trading signals and services. I will never recommend this trading company to anyone.
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Upsetting experience
I am very much upset with the experience I had with this broker service. They have promised me so many things that didn’t really happen.
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Inaccurate signals
Inaccurate trading signals. Always against market movements.
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Slow withdrawals
Very slow withdrawal process. I have to wait for almost a month.
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Bad services
Bad trading services. They do not attend to trading concerns promptly.
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Frustrating withdrawals
Frustrating withdrawal process. I was asked to provide them with so many documents. I did, but they keep on rejecting my withdrawal request.
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Poor trading services
Poor trading tools and services. I will never trade with this broker company ever again.
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Inefficient customer service
Inefficient customer service. They are always not available to assist and when they are, they can’t even resolve trading concerns.
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Worst customer service
Worst customer service. They are not even skilled to assist customers.
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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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Poor customer service
Very poor customer service. They don’t even care at all.
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Very expensive
With this broker, trading is very expensive. I have tried their services in the past they told me a low initial deposit which I thought is enough to trade but no. When I started trading they ask me to add up because the minimum deposit ain’t enough to trade.
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Disappointing customer service
I am extremely disappointed with their customer service, really rude and lazy. Will always promise to call you back but will never just hang up the phone without resolving the concern.
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Not a good broker
It is not a good idea to trade with this broker. Poor broker signals and withdrawal is almost not possible.
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So many charges to pay
There are so many trading instruments you can choose to trade but trading with them is a bit expensive. There are so many charges to pay.
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Hassle withdrawal process
Almost impossible to request withdrawals. They will ask you to provide so many documents for account verification and will decline the papers and ask for replacements. There is so much hassle in their withdrawal process.
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Fair but not good
The services are fair but not good. They are friendly but the trading result is not that impressive.
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Poor broker service
Bad mannered customer support. They are very sarcastic and demanding over the phone.
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Worst broker
Do not trade with this broker, they do not pay out a profit. Worst I have ever dealt with.
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Slow customer service
Customer service and withdrawals are both slow. The of the services are okay but overall performance is below average.
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Unreliable brokers
I am not confident in trading with this broker. Poor signals and unreliable service.
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Unreliable
I traded with this and lost everything. Unreliable and dishonest broker.
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Rude and unhelpful
Rude and unhelpful staff from customer service, technical team to the brokers. They sounded very arrogant and are not providing the help I needed.
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Worst broker
Worst trading partner I have ever dealt with. Unprofessional and unresponsive.
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Fair but not good
They are one of the reputable forex brokers but the actual trading results are not that satisfactory. Just fair but not so good.
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Worst software
The worst trading software I have ever used. It has so many technical problems and system errors.
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Poor services
Poor services. They never attend to trading needs and are very arrogant. They always sound like all they need is for me to give them my money.
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Expensive trading assets
Initial deposit seems affordable but the actual trading pricing is very expensive. It is way higher than those previous brokers I have tried.
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Slow withdrawals
Very slow withdrawal process. Been tired of waiting.
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Frustrated with withdrawals
Could have been a good broker if withdrawal is easy. I am frustrated with their withdrawal process.
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Worst broker ever
Worst trading signals. They not even accurate.
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Difficult to withdraw
Difficult to secure approval from this broker, they always give me a runaround. I am good with other services but not with their withdrawal process.
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Worst trading broker
In the worst trading atmosphere, withdrawal is very slow and signals are unreliable.
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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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Unresponsive
They are very unresponsive. Always unavailable at times I need them the most.
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Poor trading tools
Tools are always under maintenance. Even their website is not working properly.
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Lose money
I was not able to get my money back. I have lost but they did not process the withdrawal of my remaining funds.
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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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Stay away
Stay away from them while you can. They have caused me so many miseries.
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Difficult withdrawal process
The withdrawal request has always been rejected. They told me so many things that I need to do as if it is impossible to withdraw.
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Trouble withdrawals
I am having trouble with my withdrawals. They are giving me hard time, I can not get approval.
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Poor customer service
Unhappy with their customer service. I always have to wait in the queue and end up getting no resolution.
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Slow customer service
Slow customer service. Their late response had caused me so many trading losses.
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Poor trading software
Poor trading software. I will have to face too many technical problems.
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Do not trust
Never trust this broker service. They start to be so difficult to contact when I started requesting a withdrawal.
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Bad experience
Not really good experience with this broker. I had good days but most are bad days and all in I lost huge money.
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Poor trading signals
Poor trading signals. I have lost so much money on this broker service. They are also very unresponsive after the deposit stage.
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Unhappy with the services
Unhappy with my trading results. I am losing more money on their broker signals.
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Very annoying
“They have a way to catch a person open an account. Once you sign up, they will start bothering you with so many phone calls asking for deposits. Very annoying.”
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Worst broker service
They’re probably the worst forex broker. Will ask you to add more money but will also let you lose all of them.
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Confusing trading software
Very confusing trading software. I am having a hard time understanding its features and uses. Maybe trading is not really meant for me.
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Inefficient brokers
Inefficient broker for online trading. Find other brokers, avoid them.
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Worst platform
Worst trading software I have ever used. I always encounter platform glitches and lags.
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Slow withdrawals
Slow withdrawals. Services are not ideal for gaining good profits.
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Bad customer service
Bad customer service, they are very difficult to contact. I am also having a hard time understanding them, they can not speak English properly.
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Beware with this broker
Beware with this broker, they will start to be very difficult upon withdrawal request. Do not believe their sweet words, it’s all a trap.
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Not a good broker
They are not a good broker for forex trading. Signals are not accurate most of the time. And customer service is not helpful.
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Inaccurate signals
Do not fully trust their signals. Some are not accurate.
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Poor trading services
Poor trading services. Not an ideal broker for online trading.
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Not a good broker
Tired of the runarounds on my missing withdrawals. Not a good broker.
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Worst services
Worst trading services. I did not even get any profit, just a waste of time.
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Poor signals
I will never trade with this broker again. Signals are not accurate, not even profitable.
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Do not trade
Not a good company to deal with. Do not trade with them.
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Slow customer service
Very slow customer service and delayed withdrawal process.
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Inaccurate movements
I am trading currencies with this broker and notice some shady movements. I understand I am working in a very volatile niche however the ups and downs of the currencies on their platform seem inaccurate.
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