FormulaFX Reviews

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Broker information

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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10 Reviews

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.


Dont trust http://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!!!!


FORMULA MARKETING LIMITED company is Scam!

formulafx.com company is a SCAM, them website URL is http://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 http://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!


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.