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FXTG (ForexTG) reviews




Average: 3.3 based on 4 reviews
3.25
FXTG (ForexTG)
FXTG Forex broker reviews
    The broker is out of business
  • Website: www.fxtg.com
  • Year since: 2005
  • Headquarters: Melbourne, Australia
  • Company registration: ForexTG Pty Ltd., (ABN 16 113 616 032), Australia
  • Regulation: ASIC (license #290108), Australia

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REVIEWS & RATINGS

Rating interpetation



Malaysia, Jaya Kumar

May 12, 2016



1 year Total
1 month with this Broker
1


Opened an account with FxTG for USD1000 after an aggresive marketing telecon.
Was supposed to be assigned an account manager.
But once the deposit was made, I was not able to contact anyone from the company.
No trades was done.
Three weeks later made a withdrawal for the full amount.
Account balance now zero but till now no funds was returned
Website now not accessable

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Canada, Ary

January 5, 2013



3 years Total
5 months live with this Broker
5


Used FXTG and they were very prompt in helping me with me concerns. I would receive weekly calls just seeing how I was doing. Once when my pip spread went from 1 pip to a 5 pip spread, they rectified the problem and reimbursed my trades.

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Australia, Sam R

March 15, 2012



7 years Total
5 months with this Broker
5


Hello

I'm Re-writing my review because I did not select any stars initially which it was to be 5.

This broker do every thing to make it happen. I feel safe dealing with a regulated broker. I have been a customer for about 5 months now and have experienced excellent support they have an ECN platform and there web trading is super fast.

They have a professional trader there that has over 12 years experience that is full of knowledge and is very helpful an contactable his name is Stavro D'Amore.

As long as FXTG show this dedication to support me im happy to be a client for a long time.

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Australia

February 21, 2012



2 years Total
8 months live with this Broker
2


I was enticed to FXTG following an aggressive marketing campaign and the promise of a 1 pip spread on the pair of my choice. Once I commenced trading I found the 1 pip spread to be just smoke and mirrors. For example: The chart price is always 2 pips away from the Sell/Buy depending on mkt direction. So if the mkt is say in an upward trend and the 1min chart is Long the Chart Price is 1.0631, the Sell is 1.0633 and the Buy is 1.0634. So if I wanted to buy in Long I would be forced into a 2 pip spread from the chart price. When I compare with my old broker (GFT) the situation is as follows: Chart = 1.0631, Sell 1.03631, Buy = 1.0633. A true 2 pip spread, what you see is what you get whereas FXTG are conning the trader with a false 1 pip spread.
The other disappointment with FXTG is a very high incidence of re-quotes.

Tags: FXTG (ForexTG) reviews
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