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I was with them for a while. Spreads were pretty good. Customer service responsive and helpful.
But then it happened several times that I was stopped out over night (no news, flat market, sudden explosion of spreads by ~20 pips). They explained it as normal rollover. But this way you simply cannot have reasonable stop losses. This just makes big losses. Not acceptable. Looking at the detailed time series from https://www.myfxbook.com/forex-broker-spreads you see, that other brokers are much better.
When I wanted to withdraw my money I received a message saying that I would have open trades and my free margin would not be sufficient. I sent a screenshot from MT4 showing no trades. They said I would be wrongly logged in (no idea how that could be done) and which server I would be using. I sent the screenshot again, it did show the server in the first place (!). Now they confirmed everything would be fine and they would proceed. Sorry, this is just annoying. Let's see how long the transfer needs.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.
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