XM review: Bullish broker with the hottest instruments
Trading in foreign exchange tends to be quite risky and is not suitable for all investors. Past performance is not an indication of future results. Please, always be aware of all the risks associated with forex trading. Double check before making any type of decisions.
In this review, we’ll try our best to go through the tools and instruments this broker has to offer. However, take in minf that the final decision is always up to you.
Short Introduction to XM Review
Since entering the trading industry in 2009, XM Group has transformed itself into a major and widely-recognized broker, servicing more than two million clients worldwide.
XM values clients’ loyalty, that is why it takes pride in its ability to provide services designed to adapt to the needs of clients. The firm’s Negative Balance Protection guarantees that traders would not experience losses bigger than their account balance.
In addition to flexible services and client fund protection, XM is a multi-asset broker who offers currency pairs and 1,000 CFDs, five of which include cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple.
XM’s no requotes and no rejections policy also ensure that all investors received suitable and consistent trading experience. All traders are given the same fair trading conditions, regardless of net worth, investment size, or account type.
XM Account Types
XM Group mainly offers four account types – the Micro account, the Standard account, the Ultra Low account, and the Shares Account, all of which can work with either the MetaTrader 4 (MT4) or MetaTrader 5 (MT5).
Micro and Standard Account
The Micro and Standard account share several similarities:
- Both accounts are commission-free.
- Requires a minimum deposit of $5 and can be denominated in 11 currencies (USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, and ZAR).
What sets the two apart is their default lot size:
- For the Micro account, 1 lot is equivalent to 1,000 units or 1 mirco contract.
- The Standard account offers a lot size of 100,000 units or 1 standard lot.
Ultra Low Account
The Ultra Low account has two types of Ultra Low Spread account, i.e., the Micro Ultra and the Standard Ultra. The two Ultra accounts nearly have the same trading condition as the Micro and Standard account, although they have some distinguishing features:
- While the Micro and Standard spread starts from 1 pip, spread of the Ultra Low starts from 0.6 pips.
- Clients may trade with the raw spread without additional cost.
- The Ultra Low account can be opened for as little as $50, although Trading Bonuses are not available for this account type.
- Traders may choose from 6 different base currencies (EUR, USD, GBP, AUD, ZAR, and SGD).
Note that XM’s Ultra Low account is still relatively new, as it has only been introduced in March 2019. Whether traders are qualified to open an Ultra Low account will depend on the country they reside in.
Shares Account
- XM’s Shares account requires a minimum deposit of $10,000, and can only be denominated in USD.
- Trading Bonuses and No Deposit Bonuses are not available.
- Compared to the first three account types, hedging is not allowed for Shares account.
- Shares account offers a contract size of 1 with a minimum trade volume of 1 lot.
- Clients may open up to 50 positions, while the lot restriction per ticket will depend on each share.
XM Trading Products
Through XM, clients can trade the following instruments:
Forex Trading
- XM’s Forex Trading is a global and liquid market that provides access to more than 55 currency pairs including all majors, crosses, and exotics, as well as trading options via online or a broker.
- Traders may also leverage up to 888:1, and benefit from tight spreads on pairs as well as the no-requotes policy.
Stock CFDs
- Stock CFDs can be traded with either short and long-term trading strategies.
- Traders will receive no additional cost when they trade with stock CFDs.
Shares
- XM allows clients to trade CFDs of shares in over 300 companies on global stock exchanges.
Commodities
- The platform supports the trading of 8 popular commodities, including cocoa, coffee, corn, cotton, copper, soybeans, sugar, and wheat.
- XM clients will also experience low deposit and no extra fees when they trade in commodities.
Equity Indices
- The 18 cash indices CFDs available for trading on XM cover mainly major global stock indices.
- There are also 12 futures indices CFDs offered for trading on the platform.
Precious Metals
- Clients may trade spot metals including gold and silver on the XM platform.
- Other precious metals such as palladium and platinum are traded in futures CFDs.
Energies
- The platform supports the trading of 5 oil CFDs, i.e. Brent Crude, London Gas Oil, Natural Gas, WTI Oil, and WTI Oil Mini.
- Traders can trade on a margin for as low as $5 without the extra fee.
- Clients of XM are free from overnight financing on oil CFDs.
Cryptocurrencies
- XM allows crypto trading with tight spreads across 5 major cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple.
Clients may trade the instruments mentioned above using XM’s MT4 and MT5. The two platforms have been designed to function properly on PC, MAC, as well as Apple and Android mobile devices.
Alternatively, the XM WebTrader is ideal for traders looking to access their trades directly on the web.
XM: All you might wanna know about Trading Conditions
Trading conditions on the XM platform vary depending on the account type.
Leverage
For Micro, Standard, and Ultra Low account holders, the leverage is identical.
- Trades between $5 and $20,000 have a leverage of 1:1 to 1:888.
- Leverage for trades ranging from $20,001 and $100,001+ is 1:1 to 1:200.
XM’s Shares account, on the other hand, does not have leverage.
Essentially, clients can choose a leverage between 1:1 and 888:1. This will depend on their account type, asset, and trade size. Traders with XM are also allowed to raise or reduce their selected leverage.
Spreads and Commissions
Micro & Standard Account
- Spreads can be as low as 1 pip.
- No commission.
Ultra Low Account
- Spreads can be as low as 0.6 pips.
- No commission.
Shares Account
- As per the underlying exchange.
- Commission is included.
XM offers variable spreads, which help eliminate the need for an insurance premium. That would be important for fixed spreads since they are usually higher than variable spreads.
This is further hindered by the fact that a number of brokers restrict trading close to news releases. As such, the required insurance premium becomes insignificant.
With variable spreads, XM is able to avoid these kind of problems for clients. There are also no trading limits involved at the time news announcements.
XM Review: Conclusion
There are a number of reasons to trade with XM. Being a regulated broker across several regions, XM is able to establish broker trust and transparency with business, while still delivering enough flexibility for clients to access high leverage and excellent trading conditions.
From a novice trader’s point of view, XM provides most of the infrastructure necessary to sharpen one’s trading abilities. The platform’s account structure, which is accessible in terms of rate, is also designed to help with the client’s development through the stages.
For experienced traders, XM offers access to higher leverage and potential bonuses among other benefits. Furthermore, XM’s low minimum deposits and highly competitive spreads make it quite simple for any kind of trader to get started and seize profitable trading opportunities.
Seriously worst
Seriously worst. Do not transact with anyone of them. They are not regulated and they froze money for no reason.
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Not worth trading with
They are good in convincing people add more money. But not really worth trading with.
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Poor trading results
Good customer service but poor trading results. I chose to close my account instead. Anyway, I am after profit which they can’t give.
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Poor forex broker
Poor tools, poor services and poor signals.
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Bad customer service
Bad customer service. Really very frustrating and annoying.
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Inaccurate signals
Not an ideal trading broker. The signals are inaccurate.
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Difficult withdrawals
Slow and difficult withdrawals. As if they don’t want to pay a profit.
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Do not invest
Do not invest with this broker company. They are very unprofessional when it comes to withdrawals.
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Deny withdrawal request
They keep on denying my withdrawal request. I’m afraid I am not gonna be able to get my money with them.
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Does not pay profit
Warning: this broker does not pay profit and comes up with so many excuses to hold withdrawals.
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Poor services
Poor services. They do not process withdrawals.
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Poor services
Poor services. They do not process withdrawals.
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Poor services
Poor services. They do not process withdrawals.
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Not a good broker
Not a good trading broker. They have so many gray areas on their policies and procedures.
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Por services
Poor services. They do not process withdrawals.
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Delayed responses
Delayed responses from customer service. Sometimes they don’t even reply at all.
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Poor company
I have wasted my money on their useless trading scheme. Poor broker company.
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Too many technical problem
Too many technical problems to face. I won’t trade with them again.
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Poor services
Poor services. They do not process withdrawals.
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Poor services
Poor services. They do not process withdrawals.
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Poor services
Poor services. They do not process withdrawals.
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Poor trading partner
I thought I will be able to gain good profit but I lost huge money instead. Poor trading partner.
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Por services
Poor services. They do not process withdrawals.
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Slow withdrawals
Slow withdrawals. I am not happy with what they’ve done to me on withdrawals.
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Waste of money
I regret joining this broker service. I only lose money and wasted my time for nothing.
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Por services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Poor services
Poor services. They do not process withdrawals.
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Unhelpful customer service
Unhelpful customer service. I never felt valued and never feel that they are willing to help me.
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Stay away
Stay away from this broker. They do chart manipulation, I notice a bit of difference from my research.
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Poor services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Poor services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Poor services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Por services
Poor services. They do not process withdrawals.
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Scammers
Be very vigilant, and avoid this trading company. They are scammers and not legit trading brokers.
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Scammers
Be very vigilant, avoid this trading company. They are scammers and not legit trading brokers.
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Scammers
Be very vigilant, avoid this trading company. They are scammers and not legit trading brokers.
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Por services
Poor services. They do not process withdrawals.
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Slow withdrawals
Slow withdrawals and there are so many terms to meet. I do not recommend this broker.
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Poor broker performance
Poor broker performance. As if they are not real brokers, they are not well-versed in online trading.
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Extremely bad
Extremely bad forex broker. They have ran away with all my money.
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Poor trading results
Poor trading results. I don’t recall getting any profit from my trades.
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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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Unprofitable
Not a good broker for forex trading. Although the services are quite okay, I am not happy with my trading profit.
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Not recommended
I will never recommend this broker to anyone. I experinece consecutive losses here.
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Bad customer service
Bad customer service and poor trading signals. I can not recommend this boker, they are not good enough.
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Poor brokers
I have lost confidence in this broker service. Some of the brokers and most of their customer service are not familiar with their products and services.
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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 worsten.
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Did not pay my profit
I am waiting for them to approve my withdrawal request. I was ask to wait but up until now I still don’t have my money.
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Annoying
Annoying. It is very difficult to get thru their customer care.
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Poor trading partner
I thought I will be able to gain good profit but I have lose huge money instead. Poor trading partner.
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Poor trading brokers
Poor trading brokers. The basis I looked at is my trading profit. Not so profitable trading with.
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Irresponsible people
These people doesn’t have sense of responsibility as my account manager, they should be responsible in helping me manage my trades but they always ignore my concerns.
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Hard time on withdrawals
They give me hard time on my withdrawal request. I was not able to get my money from them.
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Hard time on withdrawals
They give me hard time on my withdrawal request. I was not able to get my money from them.
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Worst broker
Worst. I lost huge money overnight. Do not deal with them.
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Poor signals
Poor signals and bad customer service. Find a better broker, do not deal with this.
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Worst company
Worst trading company to deal with. There is no withdrawal process.
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Beware with them
Do not be fooled by these scammers. Beware with them.
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Poor broker service
This broker has taken my hard-earned money. I lost a huge amount on their poor signals. I felt like the signals against the market movements are intentional.
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Poor broker performance
Poor trading platform and broker performance. It has a lot of platform technical issues and signals are not profitable enough.
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Do not deal with them
Software are very confusing and signals are never accurate. Do not deal with them.
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Annoying services
Annoying trading services. I got pissed off with their difficult withdrawal process.
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Poor results
Not a good trading broker. Tools are not good too. Have only traded for less than a month, and I got poor results.
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Do not trade
Do not trade with this broker company. Save yourself from losing too much money.
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Do not trade
Do not trade with them, they are illegitimate brokers.
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Stay away
Stay away from them. They rub people’s bank accounts.
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Not a good broker
Not a good trading broker. They have so many gray areas in their policies and procedures.
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Do not trust
They can come up with so many violations to freeze money. Do not trust them.
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Poor trading services
This is a big company, been in the industry for quite a while. I wonder why they can not deliver good services.
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Big time scammers
Big time scammers. I warned everyone not to deal with them.
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Endless technical issues
I was having endless problems with thier trading platform. I am trading with this broker for almost a month and I am planning to switch brokers because of technical problems unresolve affecting my trades.
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Slow withdrawals
Slow withdrawal process. I have waited too long for a simple withdrawal.
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Poor tools
Poor trading tools. I always have to face technical issues.
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Inconvenient
Inconvenient to trade with, they are very difficult to contact and are very unresponsive on emails and chats.
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Bad customer service
Bad customer service. Always keep me waiting in line and come back with no resolution.
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Waste of money
Do not trade with them. It is just a waste of money.
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Bad customer service
Bad customer service and poor trading signals. I can not recommend this broker, they are not good enough.
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Not good
The software has so many technical issues. Not good.
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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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Annoying
Annoying. It is very difficult to get thru their customer care.
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Annoying
Annoying. It is very difficult to get thru their customer care.
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Poor broker company
Poor broker company. They do not pay profit and withdrawal is very slow.
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Poor brokers
I have lost confidence in this broker’s service. Some of the brokers and most of their customer service are not familiar with their products and services.
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Slow withdrawals
Slow withdrawals and there are so many terms to meet. I do not recommend this broker.
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Scammers
Be very vigilant, and avoid this trading company. They are scammers and not legit trading brokers.
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Por services
Poor services. They do not process withdrawals.
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Poor trading brokers
Poor trading brokers. The basis I looked at is my trading profit. Not so profitable trading with.
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Poor trading partner
I thought I will be able to gain good profit but I have lost huge money instead. Poor trading partner.
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Stay away
Stay away from this broker. They do chart manipulation, which I notice was a bit different from my research.
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Bad trading partner
Bad trading partner. They are dishonest and signals are unreliable.
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Extremely bad
Extremely bad forex broker. They have run away with all my money.
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Scam-broker
Stay away from this scam broker. They have caused me so much misery.
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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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Poor signals
Signals are not good. They are used to work on elsewhere, on freezing money I guess.
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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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Slow withdrawals
I am not dealing with this broker service again. Poor signals and slow withdrawals.
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Not a good broker
Avoid this broker, by all means, they are never worthy of your time. I have wasted so much money and time on this.
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Deceiver
They deceive me to gain my trust, be careful not to trust them.
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Delayed responses
Delayed responses from customer service. Sometimes they don’t even reply at all.
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Did not pay my profit
I am waiting for them to approve my withdrawal request. I was asked to wait but up until now I still don’t have my money.
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Irresponsible broker
Irresponsible brokers. They ignore me most of the time, I never get the support I needed.
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Beware
Not legitimate brokers. they are fake. Beware.
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Bad trading company
Bad trading company. Do not deal with these scammers.
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Do not deal
Do not deal with this broker company. Signals are unreliable and so are the services.
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Hard time on withdrawals
I regret joining this broker. I am having a hard time with my withdrawals.
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Avoid them
Avoid this trading company, they will never pay your profit.
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Do not trade with them
Do not trade with this broker, they aren’t good brokers and signals are not effective, too.
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Steal money
Stay away from these beasts. They are just trying to steal money from all of us.
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Waste of money
I regret joining this broker service. I only lose money and wasted my time for nothing.
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Not a good broker
Not a good trading broker. They have so many gray areas on their policies and procedures.
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Poor company
I have wasted my money on their useless trading scheme. Poor broker company.
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I am not getting enough profit, just a waste of time
The trading terms are okay but I am not happy with the profit I am getting. It’s almost nothing at all, just a waste of time, I guess.
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Ineffective brokers
I won’t recommend this broker to anyone. They are not effective brokers.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Poor trading services
Poor trading services. Signals are unreliable, and can not even rely on their customer service.
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Worst broker
Worst broker. They sounded unsure and unknowledgeable.
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Worst broker
Worst trading brokers. Avoid trading with them. I had nothing but losses.
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Poor customer service
Poor customer service. Their line is always busy and they are unresponsive to messages.
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Poor trading results
Poor trading results. I don’t recall getting any profit from my trades.
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Do not trade
Do not trade with them, they are illegitimate brokers.
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Poor trading services
Poor trading services. I am not happy with how they treat me and I am not getting good results.
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Stay away
Stay far from these people. They are not a legit broker and all they want is to make money from you.
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Freezing forex software
Freezing forex trading software. They’re so much more problems with their trading tools. These made me decide to change my broker instead.
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Stay away
Stay away from this broker company. You will only lose money here.
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Not recommended
I do not recommend this broker service. I have observed while trading with them that there is a constant price increase and that withdrawal is very slow.
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Poor services
Not worthy to become forex brokers. Ther services are poor and unreliable. Try something else and avoid trading with them.
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Slow withdrawals
Slow withdrawals and there are so many terms to meet. I do not recommend this broker.
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Bad brokers
I was asked for tons of documents, have complied, and yet still unable to get my profit. Bad brokers.
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Poor signals
Poor signals from the brokers. I can’t recall getting at least a decent profit.
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Stay away
Stay away from them. I have lost so much on this.
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Too many technical problem
Too many technical problems to face. I won’t trade with them again.
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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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Bad customer service
Bad customer service and poor trading signals. I can not recommend this broker, they are not good enough.
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Poor brokers
Poor trading brokers. The signals are really the worst.
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Worst broker
Worst. I have lost huge money overnight. Do not deal with them.
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Unreliable
Inaccurate market analysis and poor broker advice. The services are very unreliable.
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Do not trade with them
I was cheated here. Do not trade with them.
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Refuse to pay profit
Have refused to pay my profit. I have filed withdrawal requests several times and they have rejected all of my requests.
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Stupid customer service
Stupid customer service. They can not comprehend and has poor communication skills.
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Harassing phone calls
They keep on calling. I find it very annoying, these are unscheduled calls asking for more money. I regret activating an account with this broker.
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Poor investment returns
I have used the service sometime in the past but have closed my account because they keep on increasing their prices. Services are okay but returns are not.
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Bad broker company
They have cheated me by increasing their price and slippage. Bad broker company.
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Annoying
Annoying. It is very difficult to get thru their customer care.
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Poor customer service
Poor customer service. They seem clueless about their job.
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Avoid them
Illegitimate broker company. Avoid them.
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Annoying
Annoying. It is very difficult to get thru their customer care.
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Poor website
Poor website and tools. I get problems all the time.
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Slow withdrawals
Very slow withdrawal process. I will never charge with them again.
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Stay away
Stay away from this broker. They do chart manipulation, which I notice a bit different from my research.
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Poor broker service
Poor services for forex brokerage. They are not trained to understand market forecasts.
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Poor services
They are just after our hard-earned money. Poor services.
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Stay away
Stay away from this broker company. You will only lose money here.
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Annoying
Annoying. It is very difficult to get thru their customer care.
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Poor investment
Not a good investment option. Do not try any of the offers.
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Bad customer service
Bad customer service. They always sound so lazy over the phone.
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Long withdrawals
It worst withdrawal process I have ever experienced. I have waited too long.
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Bad broker company
Bad broker company. Do not deal with them.
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Confusing software
Very confusing trading software. I am so much overwhelmed with the user interface.
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Unhelpful
Unhelpful customer service. I’d rather trade on my own.
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Huge slippage
I felt like there is a cheat on their charts. Slippage is also getting bigger as I go on.
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Avoid this broker
Avoid this broker by all means. They will just scam your hard earned money.
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Bad broker
Avoid this broker by all means. This broker do not pay profit and will turn very unresponsive after depositing your hard-earned money.
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Rude and manipulative
Brokers and customer service are rude and manipulative. Do not trade with them.
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Rude brokers
They are very rude. That is my observation during the time that I am trading with them. Have even forced me to put more money.
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Poor trading performance
They’ve been operating a long time in the industry but the performance is not good. I get a few winning trades but got more losses.
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Do not trade
Worst customer service and slow withdrawals. Do not trade with them.
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Poor signals
Signals are not worth it. Withdrawal is slow.
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Slow withdrawals
Slow withdrawals. There are so many withdrawal issues.
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Do not deal
I have lost lots of money with their dodgy offers and services. Do not deal with them.
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Worst broker
After giving them my details, they took all my money. Worst broker.
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Poor trading performance
They’ve been operating a long time in the industry but the performance is not good. I get a few winning trades but got more losses.
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Frustrating brokers
Frustrating people to deal with. They are very rude and have so many demands.
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Hard time on withdrawals
They give me hard time on my withdrawal request. I was not able to get my money from them.
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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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Poor company
Poor company for online trading. I can’t recommend them.
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Unreliable signals
Do not trade with this broker company. Signals are unreliable.
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Lose money here
I have lost thousands of dollars here. Do not dare to try their offers.
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Rude customer service
Poor customer service. They are very rude to me.
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Unreliable trading services
I cannot rely on this broker service. They are always unavailable to assist me in my trading needs.
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Rude customer service
Poor customer service. They are very rude to me.
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Bad broker
Avoid this broker by all means. This broker does not pay profit and will turn very unresponsive after depositing your hard-earned money.
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Unhappy with the services
Annoying slippage and constant price change. I am unhappy with the services.
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Poor customer service
Poor customer service. They keep on transferring me from one desk to another when I called them about my trading concerns.
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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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Poor trading systems
Poor trading systems. I always encounter system issues.
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Poor broker
Poor tools and services. I have just wasted my time. Completely non-sense.
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Poor customer service
Poor customer service. They are not knowledgeable enough to assist traders.
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Bad services
Bad services. Not a skilled broker.
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Lose money
I have lost huge money. I followed their advice though.
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Expensive
I have noticed that instruments have become too expensive. I am not happy with the services.
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Unsatisfied with the services
Unsatisfied with the services. Signals are not always reliable. There are times that the signals are against the market movement.
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Hard time on withdrawals
I have just started using this broker service. Everything seems to find until I started requesting a withdrawal, I had a hard time on my first withdrawal.
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Do not deal
Do not deal with them, do not even give out any information because they are not a legit broker. They will only steal money from you.
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Must avoid them
One of the must avoid the trading company. They will come up with so many excuses and do not pay a profit.
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Poor trading results
Customer service is friendly however I am not satisfied with my trading results. I lost more than I gain. I trade to earn profit not to make friends and so I will have to give them 1 star for poor trading results.
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Delayed withdrawals
There is a great delay in withdrawals. I am not dealing with them again.
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Poor trading performance
Poor trading performance. I get more losses.
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Slow withdrawals
Stay away from this trading broker. Withdrawals are really slow.
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Disrespectful
Disrespectful broker and customer service. They always sound rude and unhelpful.
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Slow withdrawals
I am not happy with the services because of slow withdrawals. They ask for so many documents needed and there is a very long wait.
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Poor website
Poor website and tools. I get problems all the time.
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Slow withdrawals
Slow withdrawals. Not a good broker for forex. I had so much trouble requesting my money.
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Inaccurate signals
Inaccurate trading advice. I will never trade with them again. I have lost so much on this.
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Lose money here
It has been a month of the worst experience. I have traded with them and have lost so much.
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Slow withdrawals
I have traded with this broker in the past and what made me decide to close my account is their slow withdrawal process. I will not trade with them again.
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Platform issues
I experience so many system lags and glitches. I always call them whenever I place trades and it’s not comfortable to trade that way.
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Horrible broker
I had an extremely horrible experience with this broker service. They have given me so much trouble with my withdrawal request. I am not trading with them again and will never recommend them to anyone.
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Impossible to withdraw money
I am currently trading with this broker. I am having a really serious problem. I have requested a withdrawal but they are giving me hard time. It is my first time withdrawing but it seems impossible for me to get my money.
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Can't withdraw
This broker does not allow withdrawal, they won’t admit it of course but I notice it because they are making the withdrawal process very complicated that I cant almost withdraw.
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Unprofitable
Not a profitable broker service. Poor trading signals resulting in more losses than winning trades. Do not trade with them.
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Slow withdrawals
Slow withdrawal process. It happens to me for six months of trading with them. I always got issues withdrawing my profit from day 1 up to the last minute before closing my account.
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Slow customer service
Slow customer service replies. A simple concern would take them almost the entire day to resolve.
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Do not deal
I had so much trouble getting my money. Do not deal with this company.
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Poor broker services
I made a small deposit to test them out but I am so disappointed. The services are not good at all. They even force me to add more money.
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Bad customer service
Bad customer service. Always unwilling to help.
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Poor services
Poor services and worst withdrawal process. I had to provide so many documents and wait long enough for my withdrawals.
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Slow withdrawals
Slow withdrawal process. Not a good broker to deal with.
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Slow withdrawals
Slow withdrawals. There are so many hassles and I have waited too long.
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Worst withdrawals
The worst withdrawal process I have ever experience. So many requirements and there is a long wait.
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Inefficient
Services and signals are poor. This broker company is very inefficient.
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Bad broker
Not a good broker to deal with. Signals are unreliable and customer service is rude.
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Slow withdrawals
This broker does not work well. I notice so many issues with services. Withdrawal is also very slow.
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Not recommended
Not recommended. I incur more losses.
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Poor trading services
Poor trading services. Signals are unreliable, can not even rely on their customer service.
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Difficult withdrawals
I am having a hard time with withdrawals. They do not approve my request.
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Bad customer service
Non-existent customer service. It is really very difficult to call them and they don’t even respond to messages.
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Slow withdrawals
Fast execution and 24-hour customer service. All services seem fine except withdrawals which really take a longer time than usual to process.
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Bad customer service
Bad customer service. Very rude and unprofessional. And slow support response.
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Poor signals
Not an effective trading broker to deal with. Signals aren’t good enough.
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Slow withdrawals
Slow withdrawal process. There is a very long wait.
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Difficult withdrawals
They always had withdrawal issues. During the time I am trading with them, all withdrawals are difficult.
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Worst customer service
The worst customer service. They seem inexperienced and don’t know what to do. It does not happen to me once but all the time. Every time I call them, my concern is left unresolved.
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Bad customer interaction
Bad customer interaction. Whether I talk to brokers or customer service, both are arrogant and rude.
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Slow withdrawals
Very slow and tedious withdrawal process. Will never trade with them again.
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Not recommended
Affordable trading but poor customer services and poor trading results. Not recommended.
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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 the results say otherwise.
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Slow withdrawals
I am so frustrated with their withdrawal process. They are asking for so many documents and crediting to my bank account takes time.
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Stay away from this broker
Do not use their trading platform. Once you start downloading their platform you will start losing your money, stay away from them.
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Not a good one to deal with
Their trading platform is acting up so weird. There are latencies and glitches that cause to loss of money. They never process a refund for this matter. Not a good one to deal with.
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Difficult to withdraw money
This broker just ignores you when you want to withdraw your money. If you call them they just promise a payout in 24 hours. But nothing happens. This process is repeated over 4 months.. and they just ignored me.
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Poor broker service
In my search for better broker service, I came across so many brokers including this and I regret working with them. They are great manipulators. They manipulate everything, I lost a huge amount.
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Unreliable signals
They have so many analysis offered on their website. However Those are not reliable, they’re not accurate including their signals. Not a good broker for online trading.
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Bad customer service
Customer service seems always in a hurry. They are not so accommodating and friendly over the phone.
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Unhappy
Very unhappy. They keep on calling and are very aggressive asking for a deposit.
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Do not grant withdrawal
This is not a good broker to deal with. They do not grant withdrawal of profits.
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Can't withdraw my money
This broker service won’t let me withdraw what’s left on my account. I got so many losses and so I decided to quit and just withdraw my remaining money but they freeze it.
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Difficult to secure withdrawal approval
Very difficult to secure approval on withdrawal requests. Do not use their services.
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Unreliable
I am very frustrated with the signals and the services. Most of the time, unreliable.
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Rude customer service
Poor customer service. They are very rude to me.
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Ineffective broker
Ineffective trading signals and service. Not a good idea to trade with them.
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Poor broker
I am not satisfied with my profit. I will be switching to a different broker soon.
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Long wait on withdrawals
I had a very long wait for my withdrawal. It was such an unhappy experience.
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Poor trading tools
Poor trading tools. There are so many technical problems and signals are really worst.
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Poor trading broker
This is not a good broker to deal with. Signals are poor and so are the services. I did not get any profit trading with them for a month which is why I decided to quit.
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Slow withdrawals
Slow withdrawal process. It took them so much time to get the withdrawal request to approve and it took me over a month to wait for my money.
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Poor customer service
Poor customer service. Always rude and unhelpful.
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Poor services
Poor services though they are big companies. I had never enjoyed trading with them at all.
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Poor trading company
Poor trading company. They are unable to deliver the services I am expecting from them.
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Poor services
Poor services. I always had trouble with withdrawals. These have always been my problem since then.
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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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Bad trading company
Bad trading company. I am having issues with withdrawals. I m planning to quit trading because of this.
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Rude customer service
Their customer service representative is very rude. I will never trade with this company again.
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Bad services
Bad services. I will not trade with them again.
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Poor services
Poor services. Do not trade with them.
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Rude customer service
Worst customer service I have ever dealt with. They are rude and very unresponsive.
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Slow withdrawals
I am not happy with the services because of slow withdrawals. They ask for so many documents needed and there is a very long wait.
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Poor signals
A big broker company but they do not perform well in terms of signals. It shows on my trading results.
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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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Slow withdrawals
Slow withdrawals and very annoying customer service. Do not trade with them.
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Lose money here
I have lost thousands of dollars here. Do not dare to try their offers.
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Withdrawal issues
They have issues with withdrawals, never trade with this broker.
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Huge slippage
They steal money true slippage. I guess that is the reason why they made slippage greater every day. Not trading with them again.
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Hard time on withdrawals
I regret joining this broker. I am having a hard time with my withdrawals.
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Can't withdraw
Frustrating withdrawal process. They gave me run around and hassles. Can’t get my money.
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Delayed withdrawals
There is a great delay in customer service responses. Even withdrawals are delayed as well.
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Rude customer service
Rude customer service. I am very frustrated with how they treat me over the phone.
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Avoid dealing with this
Not a reliable trading broker. Avoid them, the signals only causes losses.
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Slow withdrawals
I am having a hard time with withdrawals. They do not approve of my request.
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Worst trading services
Slow withdrawal process and the worst customer service I have ever used.
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Worst withdrawal process
This broker has the worst withdrawal runarounds and the most irrelevant trading signals. It is not ideal to trade with them.
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Poor trading services
Poor trading services. They messed up big time on their signals.
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Slow services
Slow trading services. I lose money before they even attend to my trading needs.
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Poor trading services
Poor trading services. I do not recommend this broker service, they are not good enough.
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Not a good broker
The broker wasn’t that I thought it would be. I am expecting more from them because they are a well-known broker company but they failed me. Not a good broker.
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Fake charts
They create fake charts and manipulate them. I see losing trades but winning on my friend’s chart, exactly the same trade as mine.
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Not recommended
I have moved away from this broker due to some irregularities on their trading terms and conditions. Not recommended.
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Stay away from this broker
Stay away from this broker. I have traded with them and found out that they are unregulated. I have lost huge money on this.
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Huge fees
Huge fees and charges. I will never trade with them again. I gain profit but end up paying more.
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Slow withdrawals
Very slow withdrawal process. I am annoyed with the process, aside from it is very lenghty, there are tons of requirements that are almost imposible to secure.
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Missing withdrawal issue
I felt like their customer service is not existing at all. Been trying to reach them several times to ask for help about my missing withdrawal but I can not get any response from them.
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Frustrating withdrawal process
Worst in terms of signals and withdrawals but has good customer service. I find their withdrawal process very frustrating.
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Fake trading
What they have is not genuine trading, as if everything here is a lie. I have traded with them and can’t believe to have such consecutive losses. I googled market movement and I got a different result far from what my software is showing me.
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Frustrating trading software
The trading software is one of the worst tolls I have ever used in online trading. I get so many technical problems, very frustrating.
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Terrible broker
Terrible forex trading brokers. They are very persistent in making more money but do not deliver good trading results.
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Do not trust
Do not trust your hard-earned money with this broker, they will never let you withdraw anything. I have experienced it myself. It happens to many people, too, base on the comments I have read online.
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Annoying customer service
Annoying customer service. Every time I need help they keep on transferring me from one person to another. Trading concerns end up unresolved.
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Not recommended
I will not recommend this forex broker to anyone. The moment I have activated a live account, they turned to be very harassing and keep on calling forcing me to add more money.
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Annoying phone calls
The unsolicited calls from this company get so annoying and very disturbing. I get so many calls daily asking for money. I ask them to put me off their calling list but the next day they keep on ringing.
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Not worth my time
Not worth my time. I gain around 2 to 3 percent profit on a monthly basis minus the trading charges, I end up getting almost nothing.
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Do not pay profit
Do not trade with this broker, they do not pay off the profit. I did trade with them in the past and had trouble requesting a withdrawal.
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Missing withdrawals
I am so much worried about my withdrawal. It is my first time processing withdrawals and I never received my money yet, it has been a few weeks now and I already filed missing withdrawal. I am not sure if it is a known issue or it is the first time that this happens to their trader.
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Do not deal with them
Do not pick this broker to be your forex trading partner because they will never pay your profit. They will use all the possible excuses to hold and freeze your money.
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Do not pay profit
Do not deal with this forex broker. They never pay a profit. It happens to me and could also happen to everyone who will deal with them.
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Frustrating withdrawals
Frustrating withdrawal process. They always give out so many reasons to delay the process. I will close my account with them, do not deal with this broker.
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Poor trading platform
Poor trading platform. I notice some differences when I compare it with other broker platforms. As if what they have are just programmed, plain to see. Will never let them cheat me again.
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Unethical
Unethical forex brokers. They will freeze your money for no valid reason.
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Unable to withdraw
There are so many styles and schemes they do in order to collect and hold your money. I deposited money hoping for a better result but I end up not getting my money back.
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Cheaters
I have noticed a bit of cheating, they increase spread so as to close you out on trades. This happens several times. I decided to close my account as it is plain cheating on their part.
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Do not trust this broker
Do not fully trust them with your trading account. I have lost all my funds because I let them place trades. They’ve only let me lose as if they are earning from losses instead of winning trades.
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Not a good broker
This broker doesn’t work for me. I am not happy with my trading results, they’re not good at all.
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Expensive broker
The most expensive forex broker to trade with. There’s so much to pay and it is not even profitable dealing with.
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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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Lost money on them
I am a skeptic of my first encounter with this broker. I wish I could have followed my intuition, I regret dealing with them. I have lost huge money on their CFD trading.
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Unreliable service and signals
They seem to be a good forex broker at first however after several weeks of trading with them I notice consecutive losses. I quite trading with them right away, I can not rely on their signals and services.
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Beware of this broker
I am writing this review base on what I have experience from this broker. I have traded with them in the past and was not able to withdraw my money. They come up with so many terms asking for more money denying my withdrawal request. I know experience is different from one trader to another but I am just leaving this review to serve as a warning. Beware of this forex broker.
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Unable to withdraw
I started trading with this broker with their $30 free promo. I thought it was such a good opportunity for me and as they showed me possibilities. However after putting more money, the problem I am facing right now is that I am unable to withdraw my money. My withdrawal request always gets rejected because of the $30 free that I took advantage of.
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Lost all money here
Broker’s performance is good at first a few months, later on, I began to notice consistent losses, I thought it is just part of trading until I lost all my money.
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Expensive
Very expensive trading instruments and worst they always have a price increase. You will end up paying more than the profit you are to withdraw.
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Do not allow withdrawals
I am so worried about my funds. I am not able to withdraw my money. I’ve got profits but they just won’t let me.
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Worst
Worst customer service and trading platform. I always encounter system problems and customer service is not helping me at all.
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Star away from them
I have lost all my hard-earned money with this broker. I feel so sorry for myself. Stay away from them.
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Worst customer service
Worst customer service. They don’t even know how to emphasize. Verification of documents took weeks to finish and they can’t even explain why.
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Complicated platform
Troubled with their trading platform. It is very complicated and has a lot of technical issues.
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Misleading brokers
Misleading brokers. They have claims and statements that are not true at all. I can not trust them. I can’t even rely on their services.
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Bad customer service
Customer support is very rude and unhelpful.I never get the assistance I need during the entire time I am trading with them.
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Withdrawal issues
Withdrawal issues. This is always and will always be a problem with this broker. I have closed my account. Better think twice if you wish to trade with them.
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Poor broker service
They have so many charges even when there is no activity on the trading account. Do not deal with them, poor quality of both signals and services as well.
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Worst services
I am not trading with this broker again, never again. Worst service I ever had and the slowest withdrawal process.
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Poor broker signals
Poor broker signals. I think they are not that skilled enough to get winning trades. I got so many losses.
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Bad brokers
Don’t waste your money and time with this broker. I opened an account last month and when I already got a profit I decided to withdraw my profits but the withdrawal request was declined. And come the next day, my profit was gone and the account was closed. Bad brokers.
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Waste of money
I felt like dealing with them is completely a waste of time and money. Have traded for three long months and nothing happens but losses.
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Unable to withdraw
I had a couple of bad experiences. One is that I was not able to get my money and second people are rude and demanding.
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Unresponsive
No one has responded to my email and I can not get through to anyone. I need someone to help me in verification so I can file a withdrawal request.
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Not so profitable
My account progress is stagnant with this broker service. As if it is not moving at all. Not so profitable and looks like it’s a waste of time.
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Dissatisfied with the services
I am dissatisfied with this forex broker services, they seem very greedy. They would always call asking for more money I am willing to invest but I can’t see good returns.
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Frustrating withdrawal process
I am just a bit frustrated regarding the withdrawal process. They would ask for so many documents and will have you wait too long.
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Unprofessional
I am so frustrated with their customer service, they are unhelpful and unprofessional. I needed help with the platform but they have sent me an email tutorial instead that I can’t even understand. As if they are not willing to help me over the phone.
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So much fees and charges
There is a lot of surprise fees and charges. I have traded with them, have gained a little profit but lost a lot.
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Very disappointing
I have encountered large slippage. I am trying to ask customer service to explain why but they cant rectify the issue. Very disappointing.
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Worst trading platform
Worst broker. platform issues most of the time, customer service is so inattentive and worst of all requirements to withdraw are very difficult to produce.
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Terrible brokers
Terrible customer support and brokers. I have lost huge money overnight.
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Worst broker
They used to be a very good broker at the start but eventually change to the worst broker service. Do not choose this broker service.
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Bad trading platform
Bad trading platform. So many technical problems, I wish they can improve their trading systems.
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Do not deal with this broker
They do not pay out the profit. Do not deal with this broker.
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Keep losing money
As if I am not trading at all. I keep on losing my money. Will not trade with this ever again.
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Unsafe to trade with
Very unsafe to trade with. I felt like they are not bounded by any trading laws.
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Poor broker service
Slow withdrawals, poor customer service, and inaccurate signals. No reasons to keep on trading with them.
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Fair services
Fair services. The only thing I am not comfortable with is their slow withdrawal process.
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Poor performance
Poor trading performance. They are always giving inaccurate signals.
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Poor signals
Do not deal with this broker, they are not reliable. Poor signals.
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Stay away from this broker
Stay away from them. They will never let anyone withdraw profit.
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Poor broker signals
Stay away from this broker. They are not good enough in market analysis and signals are poor.
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Wrong broker to deal with
The wrong broker I dealt with. I got so many losses. I will not trade with them again. Do not deal with them either.
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I can not withdraw money
I can not withdraw my money from this broker. They are asking me to follow too many terms and submit too many documents, all of these were not discussed at the start.
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Difficult withdrawals
I have uploaded all the requirements mentioned to me but after all my withdrawal request has been disapproved. They said I still have to meet certain qualifications.
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Do not trust this forex broker
Do not trust this forex broker. They have strong marketing strategies but got really nothing good to offer.
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Disappointing withdrawal process
I am very disappointed with their withdrawal process. I’ve been waiting for a few weeks now only to find out that I need to replace one of the documents for the withdrawal to get approved. They did not tell me right away, they waited for so many follow-ups before telling me.
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Unhappy with trading result
I started trading with them by using their demo account, I am pleased with the results on my demo and so I activated a live account. Surprisingly, the live trading result is not as good as that of their demo account.
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Scrappy services
This broker company is terrible. I got huge losses. Poor signals and scrappy services.
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Technical issues
I have used this trading platform in the past and it is not really nice. There are so many technical issues.
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Rude and manipulative
Very rude and manipulative brokers, they will not take no for an answer and will insist on asking for more money.
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Bad customer service
Bad customer service. very rude and unhelpful.
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Not a good forex broker
Not a good forex broker. Choose a different broker, do not deal with this.
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Slow withdrawal
This isn’t a good broker, their withdrawal is very slow and difficult.
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Technical issues
Good broker service overall. There are just minor technical issues on thier platform.
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Arrogant and heartless
Arrogant and heartless brokers. They will keep on pushing to get more money and have no concern with thier clients.
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Difficult withdrawals
Difficult to withdraw money, they keep on asking for the same details over and over again.
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Bad customer service
Bad customer service. Always not available and once you get one, they seem so rude and empathetic.
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Expensive trading instruments
Good broker signals but trading instruments are very limited. Most instruments are expensive.
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Avoid by all means
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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Difficult to contact
They are very difficult to contact in times of trouble. I am not recommending this broker service at all.
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Keep on asking for more money
Customer service is helpful but their brokers are very arrogant. They keep on asking for more money.
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Be careful with them
Better be careful with this broker service. They will just lure you with their marketing schemes to get your money.
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Good signals
Good signals. I can see good profits but can’t withdraw. They have certain terms to meet before a withdrawal is granted.
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Not trustworthy
This broker service is not trustworthy. I have noticed a huge slippage and changes in pricing.
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Poor broker signals
I have traded with this only for a month because signals are very bad. I always get losing trades out of their signals.
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Withdrawal is almost impossible
Withdrawal is almost impossible here. I have waited long enough with so many follow-ups before I got my withdrawal request.
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No intentions of giving your money back
They will make it look like the investment is really very good but will only take your money away. They do not have the intentions of giving your money back.
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Trading terms suddenly pops up on withdrawal request
I’ve got a good and bad experience with this broker. Good for customer service who are friendly and helpful. Bad for the trading terms that suddenly pops every time I request for withdrawal.
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Bad customer service
No replies to emails and chats. Customer service hotline is always busy either there are many clients calling or there is no customer service at all.
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Expensive trading instrument
This broker has many options to trade with but trading with them is really very expensive. While it is true that you can open an account for $30, it is not enough to trade with just $30, you will be asked to add more.
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I had trouble getting my money from this broker
This broker refuses to pay withdrawals. I requested it but they look for some violations that I may not even aware of just to cancel the withdrawal and keep ongoing. I decided to just quit and get my money back but until today, I am having some trouble.
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They will give bonus as reason to deny withdrawals
They are p[roviding huge bonus of even up to $5000. This seems good but actually not. This bonus will only give them reasons to hold your money and deny your withdrawal request.
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Worst service
Don’t even deserve a single star as a rating. They are badass brokers and rude customer service.
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Bad customer service
This broker is good however had very bad customer service. Almost impossible to connect and are very unhelpful and laid back.
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Signals are not that good
As if I got signals from newbies who are training for forex. Not good signals at all.
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Difficult to contact customer service
Customer service is very difficult to call. I stand long hours waiting before I get connected to them. It is like that most of the time.
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Reliable signals but bad platform
This broker has the worst platform. Their signals are reliable though.
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Complicated trading platform
The trading platform is very complicated, I have so much trouble understanding how it works.
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Aggressive and threatening
I started trading with this broker and upon account activation, they are very good to me but I am very surprised when one day I got a call asking me to deposit more, they become very aggressive and sounded threatening.
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Slow and tough customer service
I am currently trading with this broker and I am planning to close my account because withdrawal is slow and tough.
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No unsolicited phone calls please
I am generally happy with their services. They just need to improve on their marketing strategies, no flooding of email and unsolicited phone calls, please.
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Not a good broker
Difficult and slow withdrawal process. Customer service is not prompt and are apathetic.
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