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vPE Bank
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Zecco Forex
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REVIEWS & RATINGS




igeagle
January 12, 2010Looking at TradeView FX. Your database seems to have them originating in Canada. However, when I read their web site they seem to be USA as you can get.
Keep up the good work!
Cheers!
--bigeagle
BrokerGuru
January 12, 2010Thank you, bigeagle!
Their website says headquarters are in Canada, but they also have 2 offices in US.
But, after reviewing their Client Agreement we have a new information: it is, in fact, British Virgin Islands, where the business was registered:
"This Agreement and the rights and obligations of the parties hereto, and any
judicial or administrative action or proceeding or arbitration arising directly or
indirectly hereunder, or in connection with the transactions contemplated hereby,
whether brought by Client or BMFN, shall be governed by the laws of the British
Virgin Islands."
Harry Lieb
March 2, 2010Dear 100ForexBrokers.com,
I wanted to commend you and say thanks for the great website. I am an experienced stock trader who is just getting involved in currency trading and I was having trouble finding a good ECN broker to trade with. Needless to say that with all of the horror stories that I have read about Forex Market Makers, I am approaching my selection of a broker very cautiously. Your site has been a great resource and I look forward to the coming years when more traders offer ratings on their brokers. You're off to a great start and are offering a much needed service. Keep up the great work.
Sincerely,
Harry Lieb
DuBois, Pennsylvania
BrokerGuru
March 2, 2010Thank you Harry,
your feedback is greatly appreciated!
trader
May 9, 2010dear sir
please give me few brokers' name that you think can be trust, i really don't know how to choose, the rating from internet seems not so reliable, please reconmend some brokers
thank you
BrokerGuru
May 11, 2010Hi everyone,
Unfortunately, all I can do is gather and provide facts for you. I can't do a custom research for every visitor, or even if I did, it is still against our website rules to recommend/pick any particular broker over the others.
We can't be bias or work for any broker, and at the same time we can't provide any guarantees that a selected/recommended broker will live up to its standards and promises over the time.
that's why it's up to you to pick a broker and take the responsibility for your decision, while we help you to compare the facts and figures we've gathered about each of them.
trader
August 30, 2010Can i trust One Financial Markets what you say about this broker
BrokerGuru
August 31, 2010We don't provide reviews or recommendations for any broker. Or goal is to collect facts about brokers while staying unbiased all the time. Thank you for you understanding.
In the future we hope to have more traders reviews on this page, so that it'll be easier to learn about brokers. For now, you'd need to search for reviews on several broker related sites.
trader
September 8, 2010How does this site ensure that reviews are submitted by real traders? I can't seem to find in this site the methodology on how the authencity of "real traders" are established.
BrokerGuru
September 9, 2010This site can only guarantee 100% accuracy for detecting Affiliate reviews, while for other reviews it's only 80% chance to be Authentic.
It's not difficult for website administrators to track what everyone submits. We don't make bias decisions based on the words/content of the review, we use data and data only to filter Authentic and Affiliate reviews. It doesn't, however, make sense to expose the methodology to public, because we don't want it to be manipulated by those who might be interested in submitting fake reviews, or boosting broker's ranking, or even intentionally drawing someones' ranking down. Thank you for your understanding.
trader
October 9, 2010Hallo,
I was wondering if there is any one out there who has traded using Hedefonline broker? i would like to get an objective analysis of the broker from anyone with a live account there. I have been trading demo with them for 2 months now.?
BrokerGuru
October 9, 2010Sorry, but I have to ask: how is it possible.. when the website of this broker doesn't even open.. at least today.
http://www.hedefonline.com/
Update Oct 13: today I was able to access their site.
RahmanSL
October 14, 2010Trader Oct 9, 2010: For starters, why are you looking at a broker who not many people on planet Earth has heard of?? This usually means that these type of Brokers are very2 small and more than likely to be "Deposit Only" scammer Brokers.
Stay away from lesser known Brokers....Go read up on all Forex Brokers Reviews for a selection of more established and less likely to be scammer brokers.
P/S Hi BG, how is it going with you? Been a while since I came back here.
RahmanSL
Beata
November 2, 2010Hi do you have Lucror FX?
New Zealand Brokerage House Offering Forex Excellence, Asset Management and Segregated Customer Funded Accounts. http://www.lucrorfx.com/index.php
Don't see them on your list but heard that they are becoming popular. Please check them out.
Cheers Beata
trader
November 27, 2010Our liquidity provider has placed the login ID on hold whilst it reviews the activity on the account as they believe there is use of an aggressive EA. We have assured them that our end we are happy that you are not using an aggressive/sniping EA however they are reviewing the account regardless. Ordinarily this does not take more than 24 hours.
We assure you there is no risk for your funds but our liquidity providers need to examine the issue before resuming your trading.
Best Regards,
How You comment this. Why LP get upset. i do not use EA.
BrokerGuru
December 2, 2010If the broker believes that you're taking advantage of their system (be it an EA, or manual execution), they have the right to investigate the matter. Let them do it. Don't worry, if you haven't attempted to "cheat their system" (that's another way they can call it), then you'll be alright after the review.
Thanks, Beata. I'll have a look at this broker and add them to the reviews section.
trader
December 17, 2010how about AXO capital trader broker in Indonesia?
BrokerGuru
December 19, 2010Does AXO Capital have an English page?
Without it it's not possible to list a broker.
Carole El Maten
December 29, 2010Hi BrokerGuru,
I have been testing a forex startegy for 7 months on a demo a/c. Now that I am ready to go live (with a $10,000 a/c which is substantial for me but the most suitble form my trading strategy), I need to select a reliable and trusted broker. I followed the steps outlined in your article: "how to choose a forex broker" and came to the conclusion that FXCM (STP) could be the one to choose. My decision is based on the information that FXCM offer(advertise) about their services and their demo a/c on FXCM Trading Station II which I tested for 2 months and found it to be great. The only problem is that before going live with them, I read several reviews on different Fx reveiw forums that were mostly negative about their live a/c services concerning order execution and that it's nothing like the demo and that it might not be (STP). I am ready to open a live a/c with them, if it wasn't for these bad reviews. Now reading these reviews is holding me back.
Do you think I should wait and research them and other brokers or it's ok to go with them, if you have ever dealt with them?
Your input will be appreciated.
Carole El Maten
trader
January 8, 2011how the Authentic statute are confirm in here
http://www.100forexbrokers.com/reviews-ratings
BrokerGuru
January 18, 2011This site can only guarantee 100% accuracy for detecting Affiliate reviews, while for other reviews it's only 80% chance to be Authentic, which means that among those reviews there is a chance to see an affiliate review which hasn't been detected.
It's not difficult for website administrators to track what everyone submits. We don't make bias decisions based on the words/content of the review, instead we use data and data only to filter Authentic and Affiliate reviews - there is a special tracking methodology involved. It doesn't, however, make sense to expose the methodology to public, because we don't want it to be manipulated by those who might be interested in submitting fake reviews, or boosting broker's ranking, or even intentionally drawing someones' ranking down.
Thank you for your understanding.
To summarize, we analyze tracking data, and with it determine whether someone is trying to abuse the system by submitting affiliate reviews or whether it's a real trader rating a broker.
BrokerGuru
January 18, 2011Hi Carole,
You did everything right: researches, reviews etc. I should stress out that the largest brokers (such as FXCM) will always have positive as well as negative reviews... Especially negative, because when the things are going well, a few traders seeks places where they can submit a feedback. At FXCM you'll meet traders who have trading experience as well as those who just started trading. The reviews/claims/advice submitted by such novice traders should be filtered due to the lack of experience of such traders.
If you have concerns about opening $10 000 account, there is always an opportunity to run tests with smaller amounts before making a full commitment.
Concerning order execution, demo and real accounts aimed to provide identical conditions, but it's difficult to achieve on practice. For example, the volume you execute through the demo means nothing to the real market, while in live trading large volumes will have effect on the market, and you as a trader may feel the difference.
At 100Forexbrokers we don't recommend brokers, or suggest opening/closing accounts with brokers.
Our goal is to offer you facts & figures, so that you can make an educated choice.
trader
March 12, 2011What is your comment about "Trading Point"? Is it safe for new investment?
BrokerGuru
March 12, 2011I can't guarantee safety of deposits, nor I can recommend brokers, sorry.
Trading Point is properly regulated and registered company. So, in this regard you should be fine. I'd suggest reading more reviews on other websites and also make a phone call to the broker to just make contact and may be ask a few questions.
Paul Barsha
August 17, 2011Paul Barsha
Warning-warning -warning
UFXBANK rating = - 10 ( minus 10)
UFX Bank provide you with excellent trading conditions, execution and customer service in condition that you loose your money, but in case you win and tried to withdraw your profit they will block your account, prohibit you to access your trading platform and your account statement and chat service, and even if you want to call them to clarify what happened and to solve the problem they will treat you like a shit, no one respond to your calls or to your emails'
avoid get scammed by this scam company because the only way they allow you to fellow is to loose your money without pity, all profit you make will be for them because no one can have a profit under the reason you are abusing our system.
How delicate is their system to be abused by a customer, never ever trust them because they are liars, they promised me after taking all my profit I made me and my son that we will be able to trade again after passing 4 weeks from 24.12.2010 and till now they keeping fighting us with no justified reason
It seems to me that those people providing their customers a fake trading, and they take the opposite side of their customers, that is mean if you loose they win and if you win they will not loose because your winning is for them not for you.
I have a proof for every word here, I have a statements, closed positions, emails proof of every word I am telling and how they kicked us me and my son, and after a general and final resolution happened between us, that we will accept certain amount of 8000 usd instead of 132000 usd in condition that after 4 weeks they will let us access our account and allow us to resume trading, after this agreement made between us they refuse to allow us to trade with them, do you know why?
That is because we know how we can take profit from them, and because if we win they will loose.
Now and from now on, I swear that I am ready to teach every trader who can contact us how to make profit from UFXbank and I guaranty every word, and I will not stop until this scam company will go broke or shut down this fake business.
Those people never honored their word.
Never pay profit
never respect their customer except for depositing
never get real trading but false and fake trading
pay good bonus to loose your bonus + your initial deposit
those people can block your account any time and put you in the sake of god without pity.
from now on you are under my target because you harm us too much despite all our good intentions to solve the issue peacefully.
For contact details = adelb5@msn.com
PH= 61+ 393247247
MOB = 61433693420
BrokerGuru
August 18, 2011Thank you for leaving a review.
We'll transfer it to the UFXBank's review page:
http://www.100forexbrokers.com/reviews-ratings/ufxbank
trader
August 24, 2011pls add exness.com for review.
are they regulated?
they said their office in russia, regulated by New zealand.
but for wire transfer to Latvia Bank.
what's your suggestion?
trader
September 3, 2011please add Fxoptimax for review because it is regulated in FSPR (New Zealand)
is it can believed?
ok i waiting for your suggetstion or review for FxOptimax
thank you
trader
September 3, 2011Hi,
Could you add worldprofx. Their website is : www.worldprofx.com . They is new broker registered in PANAMA. Not yet regulate. It is nice to see other comments on this broker.
BrokerGuru
September 5, 2011Exness already has a review page at: http://www.100forexbrokers.com/reviews-ratings/exness
Exness has several offices including Russia and New Zealand. Regarding the bank account, I don't have any information (Latvia used to be an offshore, but not anymore).
FxOptimax added.
World Pro FX added.
We don't provide reviews/opinions or recommendations about Forex brokers. Our goal is to collect facts and data, so that traders can compare brokers and make an educated choice.
Thank you!
trader
September 9, 2011Thank you for such a great tool in selecting a forex broker. I would much appreciate it if you could add brokers that do or do not apply FIFO to your search robot criteria.
Thanks again!
BrokerGuru
September 10, 2011Thank you for the feedback!
Only US brokers apply FIFO rules, while all other brokers don't. Simply select a broker outside US.
Plus try also filtering by Hedging parameter, since FIFO means no hedging will be possible.
Simply set Hedging to "yes" when searching.
trader
September 21, 2011Do you offer a search criteria for finding brokers who accept U.S. clients?... To escape FIFO(non-hedging) and avoid the SORRY 50:1 leverage I think this is a must!
I'm having to go to each individual brokers' website to find this out
Thank You
BrokerGuru
September 22, 2011Yes, there is such search criteria in the BrokerSearch: http://www.100forexbrokers.com/fx/broker_search.php
The 5th line: "US clients accepted" - "Yes"
Also, add the following parameter: "Country" - add a checkbox "Show all"
It'll show the list of brokers who accept US clients from all countries. As a rule, with a non-US broker you can avoid the FIFO rule and get a higher leverage. But, as you know, according to US regulation, only US brokers are allowed to offer Forex trading to US citizens. Therefore, all non-US brokers who continue accepting US clients do it at own risk.
trader
December 1, 2011Looking for a trustworthy forex broker is like looking for a perfect wife.
trader
December 2, 2011wisdom :)
trader
December 12, 2011Hi BG is 1lotstp and loyal forex the same broker?
BrokerGuru
December 13, 20111lotstp & 1pipfix are related.
1pipfix was an IB for LoyalForex, that's the connections I know about. Haven't tried to research any further.
trader
December 20, 2011I have a Managed Account with Olympus Wealth Management (olympuswealth.com) for almost 14 months now. They aren't a broker as in provide liquidity as they use FXPrimus but thus far I have nothing by good things to say about them but can't see them on your list!
BrokerGuru
December 21, 2011Olympus Wealth Management is a fund management company. Do they offer regular retail non-managed accounts?
Tom
January 7, 2012Hi,
Did not find MMCIS? Is it from Russia or France?
Thanks
Tom
trader
January 12, 2012no fxprimus review here... why...... to good... or to bad to list here?
BrokerGuru
January 12, 2012FXPrimus is here:
http://www.100forexbrokers.com/reviews-ratings/fxprimus
MMCIS will be listed. Thank you!
Lidiya Sal
January 12, 2012Hi BG,
I want to ask you can i trust Thinkforex.com. I have opened Live Account with that broker on 06.2011 and am trading now. During this time the broker created some frauds showing false trading.
He sends me account statements not regularly. I have not got the account statements since 05.01.2012 while I asked support about.
Can you say what do these actions mean?
Is the Thinkforex.com broker trying to move my live account away?
Thank you in advance.
Lidiya Sal.
trader
January 12, 2012Is Gallant Capital Markets (GCMFX) and IAMFX related. They have the same login screen?
BrokerGuru
January 17, 2012@ Lidiya: I don't know what these actions mean, sorry, except that a broker is slowly ruining their reputation. I don't have trading experience with ThinkForex, thus unfortunately, can't comment on it. Possibly holidays, but it's a very primitive excuse..
I would suggest adding a review about them at: http://www.100forexbrokers.com/reviews-ratings/thinkforex or any other site. If the brokers continues to under-perform, there is no reason why you should stay loyal to your broker.
@trader: it would be great if you could send the screenshots for GCMFX and IAMFX to info@100forexbrokers.com
trader
January 23, 2012Dear sir,
i like ur site and really appreciate for that.
I like two brokers HOTFOREX and TRADING POINT..
but i have to know one thing that why their MT4 platforms are not worked for some time , they freeze sometime .. wht it means ?
its also happened in REAL account also.
I m so confused..
plz say seomthing abt tht..
trader
January 24, 2012Dear BG
would like to inform you that at present thinkforex is offering, 10% bonus for switching broker. just got the news today. Also the ECN account with speed traderplatform is not anymore 10,000 , and is now 20,000
thank you
BrokerGuru
January 26, 2012All I can say is that trading platforms should not freeze. Never. If you experience that and it's not your internet provider problem, then it's broker's problem, which is not good.
Just looked at MT4 Pro accounts from ThinkForex, it's $10,000.
trader
January 26, 2012Squared Financial is not in the list... Thanks.
trader
January 27, 2012Please add http://www.nexgenbrokers.com/
BrokerGuru
January 30, 2012Thank you. Listed.
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