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Forex.com Reviews
2008/09 Forex.com Reviews
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Current Ratings
| Good solid broker. No real complaints. Spreads a bit higher. Average charts. |
| - Reviewed by ideadirect, July 15, 2008. Rating = 7/10 |
| Good customer service, answers all questions within reasonable time. Fast executions even in heavy news trading. Good tools including esignals charting, good market news and real time trading comments. |
| - Reviewed by Dave, July 4, 2008. Rating = 8/10 |
| Great customer service, platform does freeze, charts slow...but if a dumb ex jock lol (baseball) can take a demo acct up 400% twice in 4 months anyone can! But one thing about us ex-baseball playes we love, rhythm, technique and method - going 1-3 for 23 years has paid off mentally! |
| - Reviewed by e, May 11, 2008. Rating = 6/10 |
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2008/09 Forex.com Ratings
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2007/08 Forex.com Reviews
| Too much bad to mention. |
| - Reviewed by ME, February 19, 2008. Rating = 2/10 |
| Old platform, good customer service. |
| - Reviewed by scrappy, December 7, 2007. Rating = 7/10 |
| Careless customer service. |
| - Reviewed by ingul, October 31, 2007. Rating = 1/10 |
| Pushy salesmen, poor charting packages unless you like the spoon and know your directionals you'll have a hard time here without a few million and a week on your hands. |
| - Reviewed by rainbowconceptions, October 13, 2007. Rating = 5/10 |
| The worst of the worst broker, can't guarantee slippage and STL are excuted way too slow, almost 200 pips beyond STL, charts are worthless, customer service are useless, it is nothing but a JUNK broker. |
| - Reviewed by Bluelight, September 19, 2007. Rating = 1/10 |
| Have been unable to get my initial deposit back. Need MT4 but they don't offer it. Otherwise seems okay. |
| - Reviewed by cfw123, August 12, 2007. Rating = 2/10 |
| They have a good customer service but the platform has not much to offer in regard of tools. Bad graphical tools. |
| - Reviewed by Bob, July 15, 2007. Rating = 2/10 |
| Very bad, play against you and ruin you. |
| - Reviewed by Paul, May 27, 2007. Rating = 1/10 |
| They will rip your money with ticks that do not exist. |
| - Reviewed by minime, May 4, 2007. Rating = 1/10 |
| These guys are the worst Forex criminals I have ever encountered! They are a BIG Fraud! If you are a novice investing small amounts, then they will play havoc with your trades and will ruin you in a very short time. I have been using them live for over a year now, and no matter what I did, they ALWAYS traded against me! All the bad comments you've been reading about them are true and more! I have been demoing with an ECN broker during the same period with similiar trading strategy and managed to double my account there, but at Forex.com I lost everything! Beware, and stay far away from this so-called broker!! |
| - Reviewed by 4xian, May 3, 2007. Rating = 1/10 |
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2007/08 Forex.com Ratings
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2006/07 Forex.com Reviews
| Their commentary aimed at getting traders off good money making trades and into losing scenarios; bad to terrible customer service; recently left their services! |
| - Reviewed by lamdis, April 11, 2007. Rating = 1/10 |
| Been with them 18 months. Fast executions and dependable spreads. Spreads higher than some but at least you know what they are. Free eSignal charts a big plus. |
| - Reviewed by billflet, April 10, 2007. Rating = 9/10 |
| Shade market and run my stops. |
| - Reviewed by WTC, March 18, 2007. Rating = 2/10 |
| Charting poor. Spreads large. |
| - Reviewed by sstheo, March 1, 2007. Rating = 5/10 |
| Good broker, platform does not display enough info. I presently have a live account with this broker. |
| - Reviewed by PG, January 29, 2007. Rating = 8/10 |
| Their guarantee on Stop Loss order is fake. Once my SL order was executed after 25 points. But in case if your Take profit order is delayed, you will not get a penny extra. It will go to their account. |
| - Reviewed by Franc, January 14, 2007. Rating = 4/10 |
| They do not trade against you: the market trades against you. I checked the live quotes comparing them to other brokers: there is absolutely no difference between the Forex.com prices, the Saxo Bank prices, FXCM prices, etc... so they are not moving against you, you are trading against the market. I only had one problem with the spreads in 6 months, it was right after the weekend and Thanksgiving Day and lasted about 30 mins, time during which the NZD/USD spread increased to 7 pips for example. The only slippage problem I witnessed in the last 6 months: when NZD came off 150 pips on Fin. Min. Cullen's comments from 0.6650 to 0.6500 I think, the first minutes after the comments were highly volatile and indeed it took some seconds to square the long position, but I think the liquidation was made at the market price available in the second I pushed the button. They have some excellent piece of profit-producing research: when you say they go against you, have you ever tried trading their research? (they are entering positions with surgical precision) and - off the record - they're up about 700 pips from the start of December (today is Dec 30 2006) and remember that in December most traders are on holiday-mode. They may lose 2 weeks in a row, but what they lose in 2 weeks win back in only one trade. I am making money with them: I started with 500$ and traded only their research because I was completely new to Forex 6 months ago. But I have a friend who started in August 2006 with 250$ and by now he is up about 4000$ (we live in Romania, if Forex.com would go against someone, they will definetly choose foreigners first). I think this is the best broker for Mini accounts: don't know if you can start with 250$ and end up with a Ferrari in 2 years, but if you want some financial freedom, Forex.com is the best place to start. |
| - Reviewed by Parmalat, December 30, 2006. Rating = 8/10 |
| This one is by far the worst one! Stay far far away from them! They trade against you and move the price up and down to make you get out of your position or to get in on the trade. Charts do not sync to the bid/ask quotes. Meaning in addition to the 3 pips that they gain from you for eur/usd, they gain several more pips in addition. Horrible customer service, can be very rude and annoying. |
| - Reviewed by macgeo99, December 12, 2006. Rating = 1/10 |
| So/so |
| - Reviewed by Chris, November 24, 2006. Rating = 3/10 |
| Trades against thier own clients. Poor execution. Poor manual liquidity. Questionable rates. Quick to close on a loss. Slow to close on a PO. Platform and order choices are the only reason I stayed. |
| - Reviewed by surfermsc123, October 31, 2006. Rating = 2/10 |
| They have liquidated my positions twice without either warning before or notifying afterwards, have lousy customer service, an application that is old and shaky, and are beyond a joke - and a liability. Stay well clear. |
| - Reviewed by db, October 30, 2006. Rating = 1/10 |
| If you want to lose your money go here ... their rates and charts are out of synch, chart goes down, but rates can go up ... This is usual thinking with them!!! |
| - Reviewed by winters, September 11, 2006. Rating = 1/10 |
| Gain Capital counterpart with new name. Poor charting since they use prosticks and not their own data. Also, requotes and slippage. |
| - Reviewed by FXusa, August 1, 2006. Rating = 5/10 |
| Unfriendly and not helpful. Have had slippage probs. during volatile markets. |
| - Reviewed by cambist, July 8, 2006. Rating = 3/10 |
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2006/07 Forex.com Ratings
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2005/06 Forex.com Reviews
| We are new and green to FX. After reading the "Bill of Rights for FX", we now realize the importance when choosing a broker/dealer. Trading with "Pimps for Pips" can prove costly and frustrating! READ & RESEARCH. |
| Rating = 1/10 - February 28, 2006 |
Pros : Good research, good customer service on the phone.
Cons : Prehistoric application, the commentary that jerks up to the beginning every few seconds gives a headache on long updates. I would not even dare to try their Trade API. Basically very poor IT, but worth keeping an account for the research. |
| Rating = 5/10 - December 28, 2005 |
| This broker should be avoided if you want to make any money trading the Forex. Their customer service is terrible. Their web-based trading platform is boring, prehistoric and has mispelled words ie. "realised gains". Their spreads are consistently in the 6-8 pip range away from the live price. I would avoid these people at all cost. |
| Rating = 3/10 - December 16, 2005 |
Pros: credit card deposit, high leverage with swap payment
cons: no trade possible if the firewall blocks certain ports even though the software runs on JAVA or HTML |
| Rating = 2/10 - December 4, 2005 |
| Forex.com is lazy! The trading interface is from 19th century, real dull and boring and nothing extra in it, they take holidays and close their trading desk!!! (I Lost a good sum of money, since they were snoring the labor day). |
| Rating = 1/10 - September 6, 2005 |
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2005/06 Forex.com Ratings
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2004/05 Forex.com Reviews
| I've been using Forex.com (GAIN) for sometime and they have mostly everything needed. Guranteed stops and click to trade instantly. Clean interface and nothing unnecessary. Is there anyone who also use forex.com? |
| Rating = 9/10 - Apr 25, 2005 |
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2004/05 Forex.com Ratings
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