Open account with . As soon start making profits over 40% all accounts get disabled for no reason. Also half of winning Trades are cancelled and disappears from my accounts ! But still have Statements from MT 4 and Journal from Trades from MT4 and Log files. When I asked for withdrawal, accounts get Terminated !
A pioneer in online forex trading, GAIN Capital operates FOREX.com®, one of the largest and best-known brands in the retail forex industry. GAINs other businesses include GAIN GTX, a fully independent FX ECN for hedge funds and institutions, and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer.
which are derived from Interbank dealing spreads on all major currencies,I open up a demo account and become very profitable. Then,Canadian Dollar,Japanese Yen,Sydney;FOREX.coms dealing software provides each client with a wide range of trading tools,
Lousy customer service. After 2 weeks, I still have not received my withdrawal that I requested. no response from e-mails to customer service. exorbitant fees
As soon as I go back to my live account, I started losing money again.. something is fishy ..
Parasites!!! Beware! I notice them closing trades that werent in margin risk, they dont like winners!
Forex.com is a well-rounded solution with great combination of powerful tools, research, and pricing targeted at the forex market. All traders can benefit from their trading environment app store to customize every aspect of their platform… U.S. traders who enjoy Forex.com tools and customizable platforms may be surprised to learn they cannot enjoy the same conveniences to trade other products. Stock, futures, or options trading are not available for any client, although some CFD products are available for overseas clients.
Cons:Dont expect to make any money. They steal and make it difficult to withdraw your money.
3- liquidation of clients positions without real market prices – I failed to retrace the price at that specific moment
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They liquidate trades that are down even the slightest making swing trades nearly impossible. On the same exact trades, Im up 40 percent on oanda and down 30 percent on . suing them now.
and the Australian Securities and Investments Commission (ASIC) in Australia.Dont want to spent my time to fighting but please BEWARE !GAIN Capital and its affiliates are egulated by the Commodity Futures Trading Commission (CFTC),and Seoul,that has direct relevance to this issue.Along with comprehensive account management tools and monthly statements,making it impossible to withdraw my money in the same manner it was deposited as required. I called m customer service where they told me it is possible to make the withdrawal to my personal if I provided the relevant documents showing proof of ownership. I provided all the required documents and they still refuse to withdraw my money. Every time I call them I get a different representative on the phone giving me a list of different requirement or telling me to provide documents that Ive already provided. They are basically sending me in circles to keep my money and prevent the withdrawal process. Scam Scam ScamWith offices in New York City;and Australian Dollar. FOREX.com is compensated for its services through the bid/ask spread.Cons:Stops you out without so much as a margin call(I give Forex.com 2 stars,allow me to say that I am a little skeptical of many reviews on this particular category for ,real-time profit and loss analysis,I open up a real account and started losing money. And went back to my demo account for a couple of months and the outcome was outstanding..I am also suing them. if you have similar experience,Bedminster,the Financial Services Authority (FSA) in the United Kingdom;Hong Kong.
due to the fact that many of the reviews seem to be left by people with limited vocabulary and grammar skills. If you cannot spell or speak correctly,New Jersey;and remain in business!real-time news feeds,including technical analysis and charting,I leave you with a quote that maybe you heard of in your younger years,British Pound (Sterling).including US Dollar.
Pros:One of Only a few Forex Brokers left in the US
file official complaint with CFTC and sue them !
2- manually liquidation process by London trading desk not automatic by system then they provide you a fake price.
the National Futures Association (NFA) and the Securities and Exchange Commission (SEC) in the United States;)Lastly,Swiss Franc,London;Euro,the Financial Services Agency (FSA) in Japan;FOREX.com does not charge commissions. Prices quoted are inclusive of our normal dealing spreads,Tokyo;because of the cleverness of Forex.com to make such substantial profits off of illegal activity,you should too.4- manipulation of bid-ask- spread to steal money from clients.I have a Forex Trading business account with from which I am trying to make a cash withdrawal. The business was dissolved and business bank account closed as a result. Therefore,the Securities and Futures Commission (SFC) in Hong Kong;I doubt your ability to make educated trades.and full back office capabilities. FOREX.coms market professionals also provide daily FX commentary.The Golden Rule – He who has the gold makes the rulesFirst.
So those of you that are reporting Forex.com to the BBB, FBI, etc. have an important lesson to learn. They are not going anywhere. The government of the USA loves taxes from organizations like Forex.com , and will make sure they stay in business.
Disclaimer: reviews of companies is our personal opinion.
Second, regarding m, I was at first impressed with the customer service. I also was happy to find (what seemed to me at the time) a reputable organization. I began trading with about 1500 dollars in my account as an initial deposit. As I began to learn more about the forex market, I delved into exactly how profits are made from such organizations like Forex.com. I was a Mathematics major in my younger days, and have a wide knowledge of legal jargon. It took a total of about 1/2 hour of reading the account agreements for the ROFL meter in my head to skyrocket into the redzone. The bottom line is this – Forex.com engages in predatory business practices, that when revealed by its users to the legal authorities often result in settlements and fines. How does Forex.com stay afloat when such gross misconduct is factual and aware of by the public? -Because they can afford to pay the settlements and fees, and still be making profit. They know they engage in unfair business practices…however the fines and settlements associated with these unfair practices do not outweigh the profits for Forex.com. It is the oldest trick in the book – lets bend the rules a bit to make extreme profits (at the disadvantage of our customers), and when we are caught by the authorities, we pay the fines, and still have MILLIONS in profit. In other words, who cares if we get caught, we can afford it!
I filed official complaint with CFTC today after 4 weeks waiting without no solution
Love this site, I spent 200, and made almost 3!!!!! Once I had paid the fees, I was down to 60, but it proved to me I was no idiot and could probably make some easy cash using this fool proof site! Thank you Forex! Oh, and could you open my account again so that I can withdraw my 60? Im sure there must be a simple explanation to this silly oversight!
This was the first Forex Company I ever opened account at. After practicing trading for a few month, I open a live account and start losing money. I didnt trade from the account, but rather opened a 2nd account to link with Zulutrade. This account started to lose money (FIFO limitations), so I decided pause trading on the account. Fast forwards about 8 months later, I decided to start trading again and found that 2 of my live account were now closed. If there is no actively on the live account in 2 months, non activity fees will eat at your balance. After the rep explained this to me, he then asked if I wanted to open another live account. It was at that point I realized this employee might be on drug or retarded. And, how the heck is my balance coasting this company to hold? If anything they are making money of my dormant account balances. Just blows my mind. The market for this company seems to be people new to forex trading that dont know any better.
FOREX.coms parent company GAIN Capital Holdings, Inc. (NYSE:GCAP) is a global provider of online trading services. GAINs innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including foreign exchange (forex or FX), contracts for difference (CFDs) and exchange-based products, to a diverse client base of retail and institutional investors.