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FormulaFX reviews

Average: 3.2 based on 10 reviews

FormulaFX Forex broker reviews

The broker is out of business

  • Website: www.formulafx.com
  • Year since: 2012
  • Headquarters: British Anguilla
  • Company registration: Formula FX Ltd., British Anguilla
  • Regulation: Not regulated. Not found in Russian FMRRC register.

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Rating interpetation

jordan , roselover

October 8, 2015

6 Total
1 with this Broker

big scam company..stolen my money ..

Warning of redress its name Formula FX formulafx company
My dear brothers strongly warn you from falling into this trap and trap company ..alven steal money ..
They do send emails to random .. Offers imaginary .. such account is protected, trading to a safe .., 100% bonus and other ....
Then contact the company's staff to people who Astadonhm and record their statements many ..mrat trying to convince them and Agrunhm great offers and privileges to speak sweet and polite ...
Once the person begins the process of filing and trading .. discovers that he has been the victim signed into the trap can not get out of it ...
Unfortunately, I have had experience with them .. but then it's too late .. I went to my money but vain .. Thank God it was not a large amount ..

First trading program have very slow and backward .. repriced and takes a very long time to complete the deal ..
If the deal closed on profit .. shall not be more than 4 points profit and are not counted, but the deal ...
Second, support system and chat with them very backward .. just preaching the customer time deposit .. and if I need any help or inquiry .. do not answer at all ... not when or email when chat ..
Third, they have no complaints department ..
Fourth it does not have laws and regulations a person can read a shadowy company .. .. until they manipulation and misinformation by their mood ..
Fifth person can not withdraw his money .. request respond with arguments clouds company laws ..
Sixth unlicensed .. and warned them of oversight agencies to deal with it, including the regulatory body French ..

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September 22, 2015

1 year Total
3 months DEMO and 9 months LIVE with this Broker

Мне FormulaFX по всем параметрам устраивает! Начиная от простой процедуры открытия счета и перехода со счета на счет, до системы рассмотрения претензий. Был на моем опыте один спорный момент, попал на нерыночные котировки, сделки отменили так, что я остался в убытке. Писал в поддержку, пытались убедить, что они не виноваты и всегда так делают. Ну как это всегда, если закрытый ордер открыли без моего ведома. Написал претензию, рассмотрели на высшем уровне и признали ошибку. Убытки мне возместили, поэтому все у них нормально!

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Russian Federation, Oleg Kovkov

September 15, 2015

3 years Total
1 year live with this Broker

На форексе уже около трёх лет, а с брокером FormulaFX работаю чуть больше года. Мне позвонили и предложили свои услуги, чему я сейчас благодарен, так как ни одной серьёзной проблемы за всё время не было, а те, что были легко решались с саппортом. Я выводил средства с депозита 6 раз, и ни разу не было задержки более, чем на 3 дня.

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FormulaFX Português em Israel

September 1, 2015

4 years Total
3 years Portuguese desk with this Broker

Our Desk has been notified about this thread by one of our IBs. Here is our official position:
The Forex market is international. Of course a Forex broker cannot be registered everywhere. Our registration is British. Of course this is an offshore registration for people who are trading outside of the UK. But we are certainly subject to very strict British legislation, as well as FMRRC regulation.

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Portugal Cesar Maia

August 18, 2015

3 years Total
1 year with this Broker

I am working as a Partner of FormulaFX for over a year now. My clients directed me to this page, so I feel compelled to respond to the review below.
I started as IB of FormulaFX, and I am now working as Master IB, with three Gold IBs under me. We would never endanger our portfolio of clients, because that is the capital that we have to work with.
Our clients have been very satisfied with our Partnership with FormulaFX. Proof of that, is that most of or new clients come to us through word-of-mouth.
Please, before you feel tempted to believe any anonymous review, come to me personally, and I will show you the performance of my portfolio with FormulaFX. That is what really matters. Thank you.

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Russia, Igor

August 14, 2015

live 2 years Total
1 year live with this Broker

Продолжительно время работаю с брокером. Не знаю, что за негатив, но брокер отличный (деньги выводятся в срок), задержек нет.

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July 13, 2015

5 years Total
4 months with this Broker

Dont trust www.formulafx.com broker, formulafx company is scam broker that stills your money.
If you a partner or marketing company- formylafx will promise you everest and by the end they will rub you and wont pay your commisions
FormylaFx.com stealers, review of formylafx is a one big SCAM!!!!

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June 21, 2015

9 months Total
9 months with this Broker


formulafx.com company is a SCAM, them website URL is www.formulafx.com. this company is registered in offshore registration ad do whatever they want with clients funds. reviews about formulafx are deleted so dont trust formulafx!!!!! they will advice you to take them managed account, will sign you for half a year and when it passed (this period you can make a charge back to your funds) they will zero your account and tell you that the market went against them or formulafx company will tell you boolshit like" you signed a managed contract with a third party company" and we are only providing a platform.
Formulafx.com company known on the net as www.formulafx.com are trading on them platform and do face trading and them chif trader do that by opening trades for clients with a time delay and ask a platform provider to make corrections so a client can not see that its fake trades.
DON'T TRUST formulafx.com, formulafx is a one big scam company with no regulation on the market, formulafx is a market maker, if you are an Introducing broker or an Affiliate be aware as they wont pay you your commissions! formulafx.com doesent pay to affiliates, they will make you a big mess and when they have your clients will simply ignore you!
formulafx.com scamers, STAY AWAY FROM FORMULAFX.COM COMPANY!!!!!!!!!!

I have all proofs that they still money from clients and doesn't pay to partners!

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January 4, 2015

2 years Total
6 months with this Broker

It's a fake!!!
They make trade for you because it's a managed account.
For five months they made good profit, but when i asked a withdrawal they made a lot of bad operations and the account whas reduced to a few hundred of euros.
Whe you want your money back, they LOOSE your money and don't gie anything to you.
They are thieves!!!!

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Alex from Israel

July 6, 2014

I have been trading forex over 5 years Total
over a year now with this Broker

FormulaFx broker is one of the brokers that allows me to scalp and hedge my trading and according to my trading strategy is exactly what I need. I have tried allot of brokers on the market and most of them doesn't allow this kind of strategies or after some time trading conditions are changed and/or the stop out levels are increased.
With FormulaFx non of the conditions not changed, the account managed always replies bu mail or i call him direct to skype. I suggest to try them ECN accounts.

Tags: FormulaFX reviews
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