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FX Open Broker Review


mmohy

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Re: All About FX Open

 

Yep, i can confirm that they are rubbish on the live account, and really good on demo accounts. On live accounts your trades to close profitable transactions will hang for ever!

 

please tell me more technical info rather than a rubbish word.

i would say live account in one of largest broker in US is rubbish too... even big broker who use currenex platform is rubbish too, because they will not fill you during news like the demo did..

 

Why would you register an account in this forum just to protect the broker you are using... hmm, maybe you get paid to promote your employer :) regardless i don't have anything against it, its just funny...

 

i just want to correct some incorrect information about FXOpen (which usually posted by our competitor).

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  • 9 months later...
i have to tell my experience about my trading with FXopen.

 

Last month I opened 2 live accounts to trade EURGBP with two ea's

1)YourLucky

2)Thunder

In the first days, It was good but suddendly i began to lose.. to keep a track i did start to compare the quotations with others brokers like Tadawulfx, GTLonline and GoMarkets. All these three stay on a margin of +2 or -2 pips, which is good, but when i compared with Fxopen, the difference became until 20 pips!!!! :berbusa: always on the assian session! and always against you!! can you believe it???!!! so i start to realize that they werent honest brokers...

BUT THIS IS NOT THE WORST!!! :x

I joined a IB which rebate me 80usd per 10 lots. I informed FXopen about my suscription to their IB with the referall link and I did just like they ask me to join, but at the end of the month i didnt receive nothing ..??!! then i contacted FXopen and this is what they told me:

 


From: FXOpen [mailto:[email protected]]
Sent: Miércoles, 08 de Abril de 2009 01:25 a.m.
To: 
Subject: Re: Acc. 168355 and 168353 not under IB ID.97465

Dear finance department,

In the last month I opened two accounts (168355 and 168353) under [url]http://xxxx.com/[/url] IB. ID 97465. I got surprise when asking for the rebate, the IB in mention told me that those accounts are not registered under them? I have made almost 20 lots on those accounts and I need you to clarify this situation and make the proper payment to them so they can refund me.

Many thanks,

---------------------------------------------------------------------------- 
Hello,

according to our database accounts 168355 and 168353 have been opened directly from our website without using any referral's link.

------------------------------------------------------------------------
From: 
Sent: Miércoles, 08 de Abril de 2009 08:50 a.m.
To: 'FXOpen'
Cc: 
Subject: RE: Acc. 168355 and 168353 not under IB ID.97465


Dear Sirs,

I am done with your lack of professionalism. I will make sure that this story be in all the possible forex forums available.
You have lost one customer and you will gain bad feedback in all the forex forums.
Thiefs !

THEY STEAL MY REBATE!!!

 

I DONT WANT THIS SAME THING HAPPEN TO YOU!!! IF YOU WANT A TRUE AND HONEST BROKER DONT GO WITH THEM, THEY WILL DO THE SAME THING TO YOU!!

 

My experience is the same. traders robbers

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hi,

 

if FXOpen scam, then Mauritius regulator will close down the company, but the fact is FXOpen is growing, and don't u think Dukascopy will use FXOpen technology if FXOpen is scam?

what you see on internet is people having problem during withdrawal from their broker, but trader who successfully withdraw large amount of money from their broker will not say anything on internet. but you may interested to read this testimonial : http://forum.fxopen.com/showthread.php?t=64056

 

regards,

 

Advertising, nothing more. There is no such bandits on forex market like FxOpen. If somebody not believe me then open live account with them and trade with TP and SL. Compare trades with any other broker and you'll see how FxOpen sacked you. Their prices rise or fall in one milisecond directly to your SL exactly in one pip and you're lost. On any other broker this move didn't happened.

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My experience is the same. traders robbers

 

Personally, hindsight is a wonderful thing...

 

This to me would say that it was your Introducing Brokers Problem.

 

The IB should have clarified that your accounts were in their down-line before you started trading those accounts.

 

Just a few cents and peace to the flamers...:x:x:x

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  • 6 months later...

Is FxOpen a Scam Broker?? I think so!!!

 

Be very careful with FxOpen!!!!

Many people get not back their money, because they add the funds via AlertPay!

Many people complain so in the FxOpen forum. Now it was with me so! I add my funds one year ago via AlertPay. FxOpen no longer offers AlertPay. They say, that AlertPay is a scam!! You are forced to make an account with Moneybookers, or you do not get your money back! Years ago I made bad experiences with Moneybookers. Therefore I will not have an account there more! FxOpen thus forcing me to! If I do not do it, they keep my money! CAUTION with FxOpen!

 

This was the cheeky email from FxOpen that I received today:

"Default Re: Your withdrawal problem

 

Which forums? I don't see any posts from you on any of the major ones.

 

Thanks for the free publicity btw :)"

They worry about the customers even funny!!!!

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