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FXCH (forex-swiss) reviews




Average: 1 based on 8 reviews
1
FXCH (forex-swiss)
FXCH - Foreign Exchange Clearing House Forex broker reviews

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  • Website: www.forex-swiss.com
  • Year since: 2004
  • Headquarters: Dominican Republic
  • Company registration: Foreign Exchange Clearing House (reg. #9126), Dominican Republic
  • Regulation: Not regulated.
  • Notes: Partner, member of EUEDEX - the software solution company.

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REVIEWS & RATINGS

Rating interpetation

INDIA

February 16, 2012



TWO YEARS Total
FXCH with this Broker


THIS GOOD FOREX BROKER. I AM TRADING WITH THIS COMPANY. ALL PAIR SPREAD IS ONE. IT IS VERY GOOD. YOU WILL START TRADING WITH THIS COMPANY. BEST OF LUCK FOR GOOD TRADING.


USA

January 16, 2012



10 years Total
2 weeks with this Broker


Pure scam. stay away.

It is good only demo account, Not real account. they installed virtual trading desk (software) and cheat you more than 10 pips whenever you trade.

Believe me.

Caly, Italy

December 3, 2009



3 years Total
1 months LIVE - no operation live with this Broker
1


Sorry for my english, i translate by Google.
I opened an account with FXCH October 7, 2009 and I sent $ 2,000 with credit card from the website (Whom I have sent?).
I noticed that:
- There are differences between demo account and live account;
- Live account within your volumes are very low;
- The minimum is not 0.10 but 1.00 lot;
- to 4 cross the minimum is even> 1.00 lot (AUDNZD = min 4.5 lot (instead of 0.10 ???); EURNZD = min 2.00 lot)
- Historical data full of holes, not to be used.
So unreliable broker, in addition to the negative reviews that I read in various forums.
Therefore, I have made any trade.
On November 3, 2009 I sent the form to close your account and receive 2000 USD - 20 USD for the closure (as signed form

whitdrawal) = 1980 USD.
The day after entering your account, I noticed that was not 2000 but 1820 usd.
I sent an email and they said that the closure of the account with a credit card was $ 100 and no $ 20, up 4%
payment fee by credit card = 80.
So according to them 2000-100-80 = 1820.
They told me that they have shipped, but I still have not received anything to date.
They replied that they sent to their bank to my e-mail to investigate.
It 'been nearly 1 month.
I no longer respond to e-mail;
not respond to anyone in the chat to their site.

FXCH STEALS MONEY TO TRADERS

ARE THEREFORE OF THE ROBBERS

---=== FXCH = S C A M ===---

Raimundas, Lithuania

November 30, 2009



11 years Total
1 month DEMO and 1 month LIVE with this Broker
1

Recently I tested this broker. I've been scammed and I can prove it!
Live account and demo have two different quote-feeds and live quotes are manipulated (see the file: http://rapidshare.com/files/286650693/ManipulatedQuotes.xls ).
Executions on live account takes 10 secs on average.
Additionally, 7 of 11 my orders executed with huge (about 15 pips) slippages. By opening and by closing all my orders I used an "Enable maximum deviation from quoted price" feature combined with "Maximum deviation=0 pips". Therefore, all executions mentioned above are illegal (You can see attached files here: www.forexpeacearmy.com/forex-forum/scam-alerts-folder/4415-forex-swiss-com.html#post21433 ).
Finally, they do not returned my funds.
Do yourself a favour and stay well away from this brokerage.

waqar haider

November 20, 2009



1 year Total
1 month with this Broker


This broker s worst i have came accross so far out of atleast 20 brokers. They are simply bullshit and close trades forcefully at much higher than market rates and fuck with our money.
I have tried to contact them through every possible mean but they are simply not answering any of my queries and even are reluctant to issue my PW because I lost my PW. They have fucked up with my accounr twice.
They have not been crediting my deposited money into my account. They are impossible to reach and fruad. Their live chat don t answer, telephone calls are unattended and emails are not answered as well as fax messages are not answered. I had biggest blunder of my life to try them and they are fucking with me so badly I lost all me money $2000 in one night and when i deposited further funds they closed my open positions forcefully by margin call. They closed my favourable positions at much higher rates more than 100 pips above market rates.
Can some one tell me about their details and how can i fuck their asses through regulatory bodies do let me know at mwhaider777(a)yahoo.com

trader

September 26, 2009



2 months Total
1MONTH DEMO, 2MONTHS LIVE with this Broker


Futher prove.

after I realized the trades close automactically and make big lose by "margin call".. I tot is my technical problem. So I retry by 0.1 lot (min size) on 22sept. ALL LOSES... FXCH's 1pip for all pairs is a SCAM. LIVE ACCOUNT WONT WON a single trade.

2009.09.04 03:38 buy 1.00 eurcad 1.5698 1.5652 1.5712 2009.09.04 05:03 1.5652 0.00 0.00 0.00 -46 -419.25
2009.09.04 06:09 buy 1.00 gbpjpy 151.81 0.00 0.00 2009.09.04 06:10 151.59 0.00 0.00 0.00 -22 -237.05

[live account continue last time]..
2009.09.22 19:00 sell 0.10 eurchf 1.5146 1.5301 1.5093 2009.09.22 19:22 1.5150 0.00 0.00 0.00 -4 -3.92
2009.09.22 19:22 buy 0.10 eurchf 1.5141 1.4987 1.5189 2009.09.22 23:02 1.5140 0.00 0.00 0.00 -1 -0.98
2009.09.23 06:59 sell 0.10 usdjpy 91.32 0.00 90.52 2009.09.23 16:59 91.38 0.00 0.00 -2.08 -6 -6.57
2009.09.23 17:11 buy 0.10 usdjpy 91.28 0.00 92.08 2009.09.24 03:11 90.35 0.00 0.00 0.00 -93 -102.93
2009.09.23 18:00 buy 0.10 eurchf 1.5128 1.4973 1.5173 2009.09.23 22:40 1.5124 0.00 0.00 0.00 -4 -3.89
2009.09.24 19:14 buy 0.10 eurchf 1.5089 1.4932 1.5146 2009.09.25 00:38 1.5084 0.00 0.00 0.00 -5 -4.86


Singapore

September 6, 2009



2 months Total
1 months DEMO, 1 month live with this Broker


Sorry, I should rate FXCH as SCAM.
Please review my Demo and Live account with FXCH. No free lunch. 1 pip spread for all major currency pair is a SCAM. Live account will delay and requote to make you lose money.
I knew my result is idiotic. But please don't ever try to deposit (min. USD2000) to them or you will burn you money.
SAD :(
FXCH account statement

Singapore

September 4, 2009



2 months Total
1 months DEMO, 1 month live with this Broker
1


I am running several selected broker by reviewing this site: http://www.100forexbrokers.com/
Low Spread, Allow Scalping, etc.
I selected FXCH, ITFX, Tadawul, FOREX.com, FXCM, FXDD, FXPro, IBFX, Alpari UK.

With deposite USD10,000 after 1 month (07/07/09-02/09/09).
Stredegy with RUNNING FAPT:
(EURCHF> LRR=55, EURGBP> LRR=11,MaxSpread=4,USDCAD> LRR=10, GBPCHF>LRR=10, MaxSpread=10),
MD (EURUSD), IvyBot (USDJPY,EURJPY,EURUSD,USDCHF).

Result Ranking:
Winning:
1-FXCH =USD 30,874 (200%+) WOW!!!
2-ITFX =USD 13,760 (30%+) Comission 1pip=USD10
3-Tadawul =USD 13,362 (30%+)
4-FOREX.com =USD 11,511 (10%+)
5-FXPro =USD 10,293 (2%+)
6-Alpari UK =USD 10,108 (1%+)

Lossing:
7-IBFX =USD 9,538 (-4%+)
8-FXCM =USD 9,387 (-6%+)

So, I ignored about the FXCH bad comment on FPA as:
http://www.forexpeacearmy.com/public/review/www.forex-swiss.com#site_sub...

And Deposite USD 2,000 (min.) to try FXCH live account on 02/09/09. (Thaz Idiotic).
I trade with FAPT (EURCHF> LRR=55, EURGBP> LRR=11,MaxSpread=3,USDCAD> LRR=10, GBPCHF>LRR=10, MaxSpread=10),and MD (EURUSD).
I lose USD 800 in the 1st day. All lose.
But the demo account of FXCH with USD 2,000 deposit That I run parellely All Win . Got USD 300.

Conclusion: FXCH is a SCAM. My acc number is 3xxx. meant only 3000+ people is using FXCH? I dont know. I am going to Deposit nicer name broker of Tadawul or Forex.com. Believe the advice from forum. Or lose money like a idiot just like me.