FXCENTRAL reviews




Average: 2.5 based on 14 reviews
2.5
FXCENTRAL
FXCENTRAL Forex broker reviews

Follow discussion about FXCENTRAL


  • Website: www.fxcentral.net
  • Year since: 2007
  • Headquarters: New Zealand
  • Company registration: in NZ - FXCENTRAL LTD FSP #: FSP55781
    in UAE - FXCENTRAL COMMERCIAL BROKERAGE LLC, D&B D-U-N-S Reg#: 1068427, License#: 647429
    in India - FXCENTRIC BULLION FINANCIAL SERVICES PVT. LTD.
    under RBI as NBFC reg#:000043
    in US - FXCENTRAL INC.
  • Regulation: Financial Services Providers Register(FSPR),
    Financial Services Complaints LTD (FSCL), New Zealand.

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REVIEWS & RATINGS

Rating interpetation



India , Cesna

February 5, 2012



2 years Total
1 year with this Broker


No. No customer service . Forex requires 24 hours customer service. Are they selling vegetables ? No body picks up phone during night hours . Phone numbers mentioned in web site is out of service.


india ,chris

January 14, 2012



3years Total
demo 4 months with this Broker
1


see they charging for 1.oo lot nearly 42 $ its not at all earning system ,u will be always under pressure and easy way to lose money ,one thing they got rbi approval ,but spread gap is 20 pip ,comission is 24 $ for 1.0 lot its too high not easy at all ,so kind advice is to be aware of that and do trading with them


osarun: Japan

January 2, 2012



over4yeras Total
nothing with this Broker
1


Their name is not in the list of the Financial Service Provider Registry in New Zealand (FSP).


Mexico

October 12, 2011



12 years Total
never with this Broker


A fruadulent Broker that has no experience. Recently aquired by the previous owner who was deeply in debt. I would NOT recmend these individuals.


India, SJD

October 10, 2011



0 years Total
3 months with this Broker
1


They provide real time quotes for NSE and that's why I signed up. They are now down for over 2 weeks and no fix in sight. The calls to their phones are not picked up. The support tickets are not responded. However, they claim to have fixed all issues (on a forum) to avoid breach of contract from their side. When asked questions, the responses are derisive ... "you knew what you were getting into". Sad state of affairs.


india, aristo

August 2, 2011



4years Total
2years with this Broker
5


one of the finest brokers i hav ever seen, im doing good with them, no probs to trade with them ppl who are intrested can trust fxcentral.


india

June 29, 2011



3years Total
2years with this Broker


one of the finest broker i have ever seen,


India, raj

April 2, 2011



1 year Total
2 months demo with this Broker
1


No 1 fraud broker. They are not not authorized by any reguality authority. Don't through ur money..


Polin

February 28, 2011



4 Total
3 with this Broker
5


Pure ECN Broker ;)


USA, hillbilly

February 18, 2011



5+ years Total
They failed due-diligence with this Broker
1


The registration claims appear bogus. NFA app withdrawn last July. Not found in the other agencys' directories... Do your homework.

hillbilly


Bhaskar

February 9, 2011



5 Years Total
3 Years with this Broker
5


FXCENTRAL has got multiple regulation in the world

> UAE we are registered as FXCENTRAL COMMERCIAL BROKERAGE LLC, D&B D-U-N-S Registration #: 1068427, LICENSE #: 647429, Licensed as: Commercial Broker,.

> New Zealand we are registered as FXCENTRAL LTD FSP #: FSP55781 as investment house incorporated under the Companies Act 1993 and registered with both the Financial Services Providers Register(FSPR) and Financial Services Complaints LTD (FSCL).

Fsp

For more information about FXCENTRAL LTD, feel free to search our Financial Services Providers membership registration.

http://www.business.govt.nz/fsp/

> India we are registered as FXCENTRIC BULLION FINANCIAL SERVICES PVT. LTD. under RBI as NBFC (Non Deposit Based) Registration#:000043

> USA we are registered as FXCENTRAL INC and is in the process of obtaining a regulation from NFA which is pending.


india manikandan

January 31, 2011



3years Total
3 years with this Broker
1


no.1 fraud company in india


Naren

October 26, 2010



5 years Total
1 year with this Broker
4


One of the fine Broker i ever seen


SteveG

October 19, 2010


Here is what broker says about their regulation:
"FXCENTRAL has got multiple regulation in the world Fxcentral FZC has been regulated by the DIFC in Dubai, FXCENTRAL LTD New Zealand has been regulated by the NZX Options and FXCENTRAL INC is in the process of obtaining a regulation from NFA which is pending."

Here is what I can see:

1. The pending status at NFA has been also withdrawn.
Check: http://www.nfa.futures.org/basicnet/Details.aspx?entityid=MOyE%2bJSS1RE%...

2. NZX regulator has got no such company in the register.
Check: http://www.nzx.com/nzx-customers/market-participants/participant-roles#1
http://www.nzx.com/investing/find-a-broker/?region=&broker=&x=9&y=7

3. DIFC in Dubai has got no such company in the resiter.
Check: http://www.difc.ae/difc-registers/company-register/