InvestTechFX reviews


InvestTechFX, CANADA February 12, 2010

InvestTechFX would like to take this opportunity to provide our loyal customers with an update. Upon investigation we have determined that the recent posting regarding InvestTechFX was placed by a former associate and done so with the sole intent of embarrassing and discrediting our firm. The allegations contained in the posting are completely false, misleading and were placed with the hopes of scaring current and deterring future customers. We are continuing with this issue with the relevant authorities, as it is a serious matter and will be handled with the sensitivity and professionalism we always employ under these circumstances. However, we wanted to take this opportunity to update and reassure our several thousand worldwide loyal customers and potential new clients that InvestTechFX continues with its commitment to the highest level of customer care, support and service. We highlight that we are a Non-Dealing-Desk (NDD) and Straight through Processor (STP) working with the full cooperation of the Clearing Department to ensure that all funds are routed to cover the customer’s trading and account transactions. InvestTechFX continue to be the only company providing 1 pip fixed on all majors. Sincerely, InvestTechFX


InvestTechFX, CANADA February 5, 2010

InvestTechFX has seen the recent posting and is currently investigating its allegations. We take all postings seriously, credible or otherwise. Upon completion of our investigation we will post an official response. Sincerely, InvestTechFX


Jack, USA February 4, 2010	10 months Total 3 months LIVE with this Broker

I would like to bring to the attention of the trading community of how InvesttechFX is a scam company that is out to cheat people’s money. I strongly advise traders who have money with them to withdraw it immediately or those who intend to open with them, not to do so.

For the benefit of the trading community, I strongly urge the moderator not to remove this post (even if InvesttechFX force you to do so).

1. InvesttechFx moves clients fund without seeking clients approval
Clients’ funds are deposited into TD Canada Trust as instructed by InvesttechFX but they moved these funds out, without clients’ knowledge or approval, to the clearing department of a third party trading outfit.

2. InvesttechFX is NOT a member of CDIC and clients funds are not insured
InvesttechFX claims on their web-site that they insure clients’ funds up to USD100k. Legal background check has shown that they are NOT a member of Canadian Deposit Insurance Corporation (CDIC), in which they claimed they are. Further check with CDIC web-site also reveals that CDIC only insures Canadian dollar deposits and not deposits in any other currencies!

InvesttechFX is NOT a regulated or registered FX broker (they are just a software solutions company) and thus they do not have the proper business practice of a regulated FX broker. Their claim on their web-site about insurance of fund is very deceiving to clients and their business practice is unprofessional and unethical.


Aras January 15, 2010	more than 1 year Total 1 month DEMO with this Broker

what you should know about this broker before you open account with them.

Read this from bottom to op.

Hi

"Investtechfx Server" as server name doesn't work. You need to give me the IP address which

looks like this 217.98.12.232:443 .

Just the name "Investtechfx Server" won't pull up your server. Can you please talk to someone in

your IT department and then give me the right answer? I don't wan't to keep asking you again and

again just to get one IP address. Why don't you just take a mobile phone and install MT4 mobile

version and try "Investtechfx Server" as server name? You will know that it doesn't work. Before

you give me reply to this email, make sure it works in a mobile phone.

This is really taking too long just to get a simple answer. I am really disappointed by your

answers.

Thanks

--- On Wed, 1/13/10, InvestTechFx.com wrote:

From: InvestTechFx.com
Subject: Re: Re: Investtechfx Update
To: "aras" <***aras***@yahoo.com>
Date: Wednesday, January 13, 2010, 12:05 PM

Dear Customer,
Please continue to the MT4 platform, and click on "Login".
Type in your account number, password, and under "Server" click on "Investtechfx Server'.

Sincerely,
Investtechfx

--------------------------------------------------------------------------------
From: aras <***aras***@yahoo.com>
To: InvestTechFx.com
Sent: Wed, January 13, 2010 1:42:37 PM
Subject: Re: Re: Investtechfx Update

Dear InvestechFX

I am talking about the Mobile version of MT4. Mobile version needs

1.. Login
2. Password
3. Server

I have my Login and Password already. I just need your server's IP address.

Please, read this email to the end, then you will understand.

Thanks

--- On Wed, 1/13/10, InvestTechFx.com wrote:

From: InvestTechFx.com
Subject: Re: Re: Investtechfx Update
To: "aras" <***aras***@yahoo.com>
Date: Wednesday, January 13, 2010, 6:53 AM

Dear Tam,
It will log you in right away.
You don't need the demo account server.
Simply continue to our website www.investtechfx.com and click on the blue icon "Download Demo

Account".
You will download the MT4 platform, and you may login with the account number and password you

are given. No IP address needed.

Sincerely,
Investtechfx

--------------------------------------------------------------------------------
From: aras <***aras***@yahoo.com>
To: InvestTechFx.com
Sent: Tue, January 12, 2010 9:35:25 PM
Subject: Re: Re: Investtechfx Update

I need to know the the IP address, so that I can login to your demo server. What is your demo

server's IP address?

--- On Tue, 1/12/10, InvestTechFx.com wrote:

From: InvestTechFx.com
Subject: Re: Re: Investtechfx Update
To: "aras" <***aras***@yahoo.com>
Date: Tuesday, January 12, 2010, 12:09 PM

Dear Customer,
We have a few demo servers around the world.
You may login to the demo accessing the most efficient server.

Sincerely,
Customer Service,
Investtechfx

--------------------------------------------------------------------------------
From: aras <***aras***@yahoo.com>
To: support@investtechfx.com; investtechfx2@yahoo.com
Sent: Mon, January 11, 2010 5:17:14 PM
Subject: Fw: Re: Investtechfx Update

Can you please provide me your demo server IP address?

--- On Fri, 1/8/10, aras <***aras***@yahoo.com> wrote:

From: aras <***aras***@yahoo.com>
Subject: Re: Investtechfx Update
To: support@investtechfx.com
Date: Friday, January 8, 2010, 10:19 AM

Hi

Please reply for the below issue

Thanks

--- On Thu, 1/7/10, aras <***aras***@yahoo.com> wrote:

From: aras <***aras***@yahoo..com>
Subject: Re: Investtechfx Update
To: "InvestTechFx.com"
Date: Thursday, January 7, 2010, 11:05 AM

Hi,

You didn't understand my requirement at all.

I have the metatrader software already in my mobile. I want your server IP address information

to try the demo version. Please, provide me your demo server ip address.

Thanks.

--- On Thu, 1/7/10, InvestTechFx.com wrote:

From: InvestTechFx.com
Subject: Re: Investtechfx Update
To: "aras" <***aras***@yahoo.com>
Date: Thursday, January 7, 2010, 10:24 AM

Dear Tam,
As requested,
Please find the link for the MT4 Mobile below:
How to upload the MT4 platform to phone or Smartphone (Blackberry, etc.)

http://www.metaquotes.net/metatrader/smartphone/

http://www.metaquotes.net/mobile_terminals/

Sincerely,
Customer Service,
Investtechfx

--------------------------------------------------------------------------------
From: aras <***aras***@yahoo.com>
To: InvestTechFx..com
Sent: Thu, January 7, 2010 1:21:55 PM
Subject: Re: Investtechfx Update

Hi

I have Metatrader Mobile version software already. I dont want to open a real account without you before

first trying it out in the mobile version. So, please send me the server details to try it

Thanks

--- On Thu, 1/7/10, InvestTechFx.com wrote:

From: InvestTechFx.com
Subject: Investtechfx Update
To: "aras" <***aras***@yahoo.com>
Date: Thursday, January 7, 2010, 6:37 AM

Dear Tam,
Please continue here for more information regarding the VIP account:

http://www.investtechfx.com/traders-faq.asp.
What is a VIP Account?
Investtechfx VIP Accounts are for customers that deposit over $25K on their real trading

account. A bonus of 10% is automatically credited, additional advanced interest of 5% per annum

bonus coupon on the initial deposit available for trading. Annual rebate of $1/lot traded upon

maturity, VIP personal assistance 24/5.
How much are you looking to deposit?

We will send you the link for the MT4 Mobile after you open an account and deposit funds.

Please continue to our website www.investtechfx..com and click on the green icon "Open a Real

Trading Account".

Please look here for more information about being a scalper:

http://www.investtechfx.com/scalping.asp

If you have any more questions, please do not hesitate to contact us via email or phone at

416-619-5914.

Sincerely,
Customer Service,
Investtechfx

Hi

1. I would like to know about the V.I.P account. Please let me know about this in detail.

2. I want to know the server name and instruction to try the mobile version of MT4.. I have the

software already.

3. I want to know in details, how do you categorize a trader as scalper.. I want to know in

detail before I open an account with you.

Thanks


Glen, USA January 12, 2010	5 Years Total 6 Months with this Broker

Been with ITFX about 6 months now. So far, so good. Fast deposits, easy withdrawals. Support and service seems to be very good and responsive. Even have made a few dollars.


Aras, USA January 11, 2010	more than 1 year Total 1 month Demo with this Broker

Dear InvestechFx

Can you please clearly state your scalping policy in this forum? I know, it is applied by your clearing department, but I would like you to tell us here in publicly, if it is not a secret formula.

Thanks


InvestTechFX, Canada January 10, 2010

InvestTechFX would like to take this opportunity to address the negative blogs/posts regarding our business. In a few instances we have an ongoing issue with the customer regarding their real trading account and/or activity.

These customers have now taken to using numerous review sites, such as this one, as their personal venue for expressing their dissatisfaction and frustration with all of our efforts to resolve these issues.

We have utilized a great number of efforts to reach an amicable resolution of these matters. The majority have been resolved. But unfortunately, the postings remain.

However, we would note that InvestTechFX has several thousand very satisfied customers worldwide and these postings represent a very small percentage of our customer base. InvestTechFX takes great pride in providing the highest level of customer support and service and strives to be an industry leader in world of ForEX Trading.


Ed, USA January 8, 2010	5 years Total 1 year with this Broker

I've been been doing business with these for over a year,
Excellent to work with.
Seems to always be available when I need assistance
Never had deposit or withdraw problems
Keeping up with the blogs it seems like one guy
producing the negative ones
I own a business so I know there's always at least
one or two like that.
So Kudo's to this company for doing a great job
five stars from me.
Ed


Mario December 16, 2009

Hi:

I've been doing research on investtechfx.com and is not licensed as a broker.
You only have a license to sell software in Canada.
I do not speak English and I could not talk on the phone with them.
I can not talk about their customer service by phone.
If you open an account, with little data is sufficient. What interests them
is take the money.

If you can make money from the account, leaving you're doing operations.
When you ask for money, comes the scam.
You can not withdraw the money and the account closed.
The compensation department, taking up any excuse, they close the account and
send half of the balance you have at that time.

Again they are not licensed in any country to trade in forex.


pj, canada December 2, 2009	3 plus years Total about 1 year live with this Broker

if you work with them things can get settled


pj, canada November 25, 2009	3 plus years Total about 1 year live with this Broker

if you ever want to see your money again you may not want to invest with them.
i made too much money trading with them and they will not allow me to withdraw some of the profits.
it is like going to the bank and being told you have too much
money in the account, so you can not take any out.
beware!


James, Los Angeles, CA November 4, 2009	1 year Total 6 months live with this Broker

Great Broker! I have been dealing with these guys for over 6 months now. All my deposits AND my withdrawals have been handled efficiently and professionally. Profit-wise, I haven't done so well (up maybe 2%), but I am assuming that is only because of some mistakes I made initially in setting my margin too high (500:10 and going long on cable. All in all, I am very happy with Investechfx and I plan on recommending friends and colleagues so I can get the broker fee.
James


Jam November 3, 2009	more than 20 yrs Total Demo with this Broker

Please stay away from this broker!! I was about to fund my account until I found out from a friend who has an account with them and is having a nightmare trying to get his money back! A lot of delay tactics and questionable procedures and lax processes. Be forewarned. Was trying to get my fren to post his case on various forum pages to warn others but they are currently involved in getting their lawyers to get their money back so can't post yet until they get their money back.


Buz, USA October 31, 2009	1 year Total 6 mon live with this Broker

great spreads but horrible to get money out of


Tim, USA September 14, 2009	8 months Total 4 months with this Broker

Hey ya'll,
I have been trading with the Investtech guys for 4 months now. Good spreads, honest and helpful customer service, and decent execution. I am mainly a day trader, focusing on EURUSD and GBPUSD, so their 1 pip spread is leaps and bounds better than the other 2 brokers I tried. I have hit my daily profit target 70% of the time cause of this. One complaint I have is that it took them 4 days to credit my account with the 5% bonus when I sent in $5k. But all in all, best broker I've had so far.

Forex broker choice: