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Lowcost Forex User Reviews
Lowcost Forex User Reviews
Member Since Aug 22, 2009   390 posts
Feb 12, 2016 at 09:09
OK, My withdrawal fund hit my account on 02/09/2016
It's not bad. I am in US.
Member Since Aug 22, 2009   390 posts
Feb 06, 2016 at 09:11
I have opened up a new account in lowcostforex and trading with scalping EA.
This broker seems produce more profits compare to other's in the world.
I did request withdrawal some fund on 02/03/2016 and they processed within 24 hours, Now waiting to hit my bank soon.

I maybe update here when the fund arrive in my bank.

Happy Trading Fellows.
Member Since Dec 19, 2015   19 posts
Jan 30, 2016 at 19:26
The broker has an office in offshore place. Is it reliable? Has any one tried their service for more than 6 months?
Member Since Dec 19, 2015   19 posts
Jan 30, 2016 at 19:25
how old is this broker?
rob559
Member Since Feb 11, 2011   1916 posts
Jan 19, 2016 at 17:19 (edited Jan 19, 2016 at 17:34)
lowcost broker ,would you tell us what language you are confortable with? you seem to be using a translator? isn't it?

where are your main office located?
Member Since Feb 08, 2015   7 posts
Dec 30, 2015 at 07:40
juliaLOWCOSTFX posted:
moneyfarm01 posted:
LOWCOSTFOREX posted:
moneyfarm01 posted:
LOWCOSTFOREX posted:
moneyfarm01 posted:
If you asked for notorized copy of my bank statement and drivers license and you were given. Why still holding on to a fund that's not yours?

You are nothing but a scam broker.

Presently I have over 10 brokers am working with without this issue.

You are a scam broker that's why you did not include withdrawal link but deposit in your clients profile.

Pls stay away from this broker if you don't want to lose your hard earn money.

II have been patients with them for over 4 months.

Would LP ever asked a broker not to pay back deposit?

This is not the place to discuss this.
We have sent more than 20 emails, account for 500 usd.
We do not want to retain their money longer, but complaice tells us again and again that you do not send the required documents.
why not send the required documents?
Just we stick to the money laundering laws.
Do it and within 24 hours your retirement will be effective.
African country that you live and Pakistan, have special conditions such as we caution.
Leave this this forum, and contact support.
And the next time that defames our brand study legal action.

Pls tell the world what you asked me to provide which I have not given.
I paid a notary public to get my documents notorized and yet you said you can accept it.
I am a full time trader and know when a broker is trying to scam me.
Even from the bank statement I gave you there are a lot of withdrawals from other brokers but you cannot release just $500 and you talk about Africa being a scam country. Pls who is scamming who?


you have to do is present the documentation required by the 'legal of complaice' department.

We have no fault that you live in a troubled country, in fact we are leaving to accept customers where you are.

Do not use this site as a support. You know our email and chat, we have sent detailed information on how to complete it.

Exactamante, we have sent more than 25 emails and you know everything.

Submit documentation in a timely manner and withdrawal will be processed within 24 h following.

You keep saying I should submit the required documents, which documents if not ID Card and proof of address, which I have submittedeposited.

And tell me if the name on card is different from the name on bank statement and drivers license. An account you have previously approved which I have email on? If you are not a scam broker you will not keep a funds that's not yours for over 4 months after a withdrawal request. Never trust this broker until they proof otherwise.

I will have to also inform neteller to go after you for scamming me through the use of their master card.
This can be infinite as this client, after 30 emails, 10 hours of chat, etc, seems not to understand that to make withdrawals, you must have your own fully verified, as in the rest of the brokers.

The strange thing is that in the preferred post reviews, accusing him of scam everyone, but there is yoked the scam.
this will be our last post, because we do not pay more to this game. The customer knows our email and chat, but there does not say anything.

1 All customers have to verify your account, especially to make withdrawals, by the law of money laundering. If anyone could not reitrar money from the account of another.

2nd only to some countries of Africa and Pakistan, there verificaicion more extensive rules as they are conflicting countries, other brokers is the same.

3rd A customer can not deposit on behalf of one and remove the name of another, which is what this clietne apparently intended, this is common sense.

Besides this client still does not present all the required documentation, it is more the credit card processors can hold up to 6 months or more some payments

especially in places with suspected fraud, again not us, but the card processors.

And that is something that this gentleman does not entide, our inveritr after more than a week of work to explain it agents.

There is no way. What we lacked is that after all the effort, to lose money by a score of 500 usd we have worked more than 1 week time support obviously lowcostfx loses money, we are above acknowledgment of scam, when we follow the rules one together, and give plenty of information on how to proceed legally.


This is a screenshot of my verified account with lowcostforex:
https://prntscr.com/9jyzwo
They don't have money to pay because they are scam broker.
I never use any third party card as they assumed.
Let me tell you what you don't know, am a VIP member of neteller maybe you don't have idea of what it takes to be VIP member with neteller, you may need to check with them.
You better pay my money otherwise all forex forum will know how you scammed me.
What else after a notarized documents, maybe you will ask me to visit you physical for you to believe you are dealing with a real person.
Member Since Dec 29, 2015   10 posts
Dec 29, 2015 at 15:46
moneyfarm01 posted:
LOWCOSTFOREX posted:
moneyfarm01 posted:
LOWCOSTFOREX posted:
moneyfarm01 posted:
If you asked for notorized copy of my bank statement and drivers license and you were given. Why still holding on to a fund that's not yours?

You are nothing but a scam broker.

Presently I have over 10 brokers am working with without this issue.

You are a scam broker that's why you did not include withdrawal link but deposit in your clients profile.

Pls stay away from this broker if you don't want to lose your hard earn money.

II have been patients with them for over 4 months.

Would LP ever asked a broker not to pay back deposit?

This is not the place to discuss this.
We have sent more than 20 emails, account for 500 usd.
We do not want to retain their money longer, but complaice tells us again and again that you do not send the required documents.
why not send the required documents?
Just we stick to the money laundering laws.
Do it and within 24 hours your retirement will be effective.
African country that you live and Pakistan, have special conditions such as we caution.
Leave this this forum, and contact support.
And the next time that defames our brand study legal action.

Pls tell the world what you asked me to provide which I have not given.
I paid a notary public to get my documents notorized and yet you said you can accept it.
I am a full time trader and know when a broker is trying to scam me.
Even from the bank statement I gave you there are a lot of withdrawals from other brokers but you cannot release just $500 and you talk about Africa being a scam country. Pls who is scamming who?


you have to do is present the documentation required by the 'legal of complaice' department.

We have no fault that you live in a troubled country, in fact we are leaving to accept customers where you are.

Do not use this site as a support. You know our email and chat, we have sent detailed information on how to complete it.

Exactamante, we have sent more than 25 emails and you know everything.

Submit documentation in a timely manner and withdrawal will be processed within 24 h following.

You keep saying I should submit the required documents, which documents if not ID Card and proof of address, which I have submittedeposited.

And tell me if the name on card is different from the name on bank statement and drivers license. An account you have previously approved which I have email on? If you are not a scam broker you will not keep a funds that's not yours for over 4 months after a withdrawal request. Never trust this broker until they proof otherwise.

I will have to also inform neteller to go after you for scamming me through the use of their master card.
This can be infinite as this client, after 30 emails, 10 hours of chat, etc, seems not to understand that to make withdrawals, you must have your own fully verified, as in the rest of the brokers.

The strange thing is that in the preferred post reviews, accusing him of scam everyone, but there is yoked the scam.
this will be our last post, because we do not pay more to this game. The customer knows our email and chat, but there does not say anything.

1 All customers have to verify your account, especially to make withdrawals, by the law of money laundering. If anyone could not reitrar money from the account of another.

2nd only to some countries of Africa and Pakistan, there verificaicion more extensive rules as they are conflicting countries, other brokers is the same.

3rd A customer can not deposit on behalf of one and remove the name of another, which is what this clietne apparently intended, this is common sense.

Besides this client still does not present all the required documentation, it is more the credit card processors can hold up to 6 months or more some payments

especially in places with suspected fraud, again not us, but the card processors.

And that is something that this gentleman does not entide, our inveritr after more than a week of work to explain it agents.

There is no way. What we lacked is that after all the effort, to lose money by a score of 500 usd we have worked more than 1 week time support obviously lowcostfx loses money, we are above acknowledgment of scam, when we follow the rules one together, and give plenty of information on how to proceed legally.
Member Since Feb 08, 2015   7 posts
Dec 28, 2015 at 08:41
LOWCOSTFOREX posted:
moneyfarm01 posted:
LOWCOSTFOREX posted:
moneyfarm01 posted:
If you asked for notorized copy of my bank statement and drivers license and you were given. Why still holding on to a fund that's not yours?

You are nothing but a scam broker.

Presently I have over 10 brokers am working with without this issue.

You are a scam broker that's why you did not include withdrawal link but deposit in your clients profile.

Pls stay away from this broker if you don't want to lose your hard earn money.

II have been patients with them for over 4 months.

Would LP ever asked a broker not to pay back deposit?

This is not the place to discuss this.
We have sent more than 20 emails, account for 500 usd.
We do not want to retain their money longer, but complaice tells us again and again that you do not send the required documents.
why not send the required documents?
Just we stick to the money laundering laws.
Do it and within 24 hours your retirement will be effective.
African country that you live and Pakistan, have special conditions such as we caution.
Leave this this forum, and contact support.
And the next time that defames our brand study legal action.

Pls tell the world what you asked me to provide which I have not given.
I paid a notary public to get my documents notorized and yet you said you can accept it.
I am a full time trader and know when a broker is trying to scam me.
Even from the bank statement I gave you there are a lot of withdrawals from other brokers but you cannot release just $500 and you talk about Africa being a scam country. Pls who is scamming who?


you have to do is present the documentation required by the 'legal of complaice' department.

We have no fault that you live in a troubled country, in fact we are leaving to accept customers where you are.

Do not use this site as a support. You know our email and chat, we have sent detailed information on how to complete it.

Exactamante, we have sent more than 25 emails and you know everything.

Submit documentation in a timely manner and withdrawal will be processed within 24 h following.

You keep saying I should submit the required documents, which documents if not ID Card and proof of address, which I have submittedeposited. And tell me if the name on card is different from the name on bank statement and drivers license. An account you have previously approved which I have email on? If you are not a scam broker you will not keep a funds that's not yours for over 4 months after a withdrawal request. Never trust this broker until they proof otherwise. I will have to also inform neteller to go after you for scamming me through the use of their master card.
Member Since Feb 08, 2015   7 posts
Dec 27, 2015 at 08:07
LOWCOSTFOREX posted:
moneyfarm01 posted:
If you asked for notorized copy of my bank statement and drivers license and you were given. Why still holding on to a fund that's not yours?

You are nothing but a scam broker.

Presently I have over 10 brokers am working with without this issue.

You are a scam broker that's why you did not include withdrawal link but deposit in your clients profile.

Pls stay away from this broker if you don't want to lose your hard earn money.

II have been patients with them for over 4 months.

Would LP ever asked a broker not to pay back deposit?

This is not the place to discuss this.
We have sent more than 20 emails, account for 500 usd.
We do not want to retain their money longer, but complaice tells us again and again that you do not send the required documents.
why not send the required documents?
Just we stick to the money laundering laws.
Do it and within 24 hours your retirement will be effective.
African country that you live and Pakistan, have special conditions such as we caution.
Leave this this forum, and contact support.
And the next time that defames our brand study legal action.

Pls tell the world what you asked me to provide which I have not given.
I paid a notary public to get my documents notorized and yet you said you can accept it.
I am a full time trader and know when a broker is trying to scam me.
Even from the bank statement I gave you there are a lot of withdrawals from other brokers but you cannot release just $500 and you talk about Africa being a scam country. Pls who is scamming who?
Member Since Dec 22, 2015   6 posts
Dec 27, 2015 at 07:06
DiWi posted:
Dear LowCostForex,

if you have really the lowest spreads for cent accounts and the vera is 100% lower than let if compare on myfxbook 'Forex Broker Spreads'.
This is the simplest way for all to see what you have mentioned.

😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😎
we have a gauge on our website www.lowcostforex.com
we are not really focused on cent accounts if not in the PRO
There you can see in real time and in our youtube videos

As you know also, to be in the comparator myfxbook have to hire an advertising package of about 2,000 monthly

Our spirit is LOWCOST, we can not be silly if we spent in marketing. because in the end we will have to raise our fees.
If you do not understand this concept, it is best to follow where this

a greeting
Member Since Oct 04, 2013   27 posts
Dec 25, 2015 at 15:29
Dear LowCostForex,

if you have really the lowest spreads for cent accounts and the vera is 100% lower than let if compare on myfxbook 'Forex Broker Spreads'.
This is the simplest way for all to see what you have mentioned.

😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😄😎
Member Since Oct 04, 2013   27 posts
Dec 24, 2015 at 14:53
LOWCOSTFOREX posted:
DiWi posted:
for cent accounts the spread are not good as roboforex, b.e.:

pair LowCostForex Cent account spreads : [pips]
audcad 2,8
audchf 2,8
audjpy 2,3
audnzd 3
audcad
audusd 3,2
cadchf 2,2


The low cost forex spreads are the lowest CENT especially in accounts specifically Roboforex also adds an extra commission. ACCOUNTS LOWCOSTFOREX no extra commissions.
If you compare well in all parts vera is 100% lower, but also in the broker added soon to our online comparator.

no extra commissions at roboforex!!!
Member Since Dec 22, 2015   6 posts
Dec 24, 2015 at 14:52
moneyfarm01 posted:
If you asked for notorized copy of my bank statement and drivers license and you were given. Why still holding on to a fund that's not yours?

You are nothing but a scam broker.

Presently I have over 10 brokers am working with without this issue.

You are a scam broker that's why you did not include withdrawal link but deposit in your clients profile.

Pls stay away from this broker if you don't want to lose your hard earn money.

II have been patients with them for over 4 months.

Would LP ever asked a broker not to pay back deposit?



My name is Jualia Lusky, account manager of this customer

problem this customer have is the next:

-the customer asks for the withdrawal of its capital (300 USD approximately),

-but no documentation requested by complaice.

-Depending on the country you live in, it is one or the other, depending on the laws of anti money laundering.

-In this case the customer resides in a complex African country, as most scams are carried out from there. thus it prompted duly verified proof double residence.

-They do 95% of the brokers.

-But the customer refuses to submit the verified documentation.

-So we can not complete the process of withdrawal.

-We have explained it more than 18 times, and exchanged emails with 23 and 12 chats communication.

-if the customer has an account verified by the legal department, every withdrawal made within the same day of request.
The problem with these forums, it's free and defame post without properly explain the situation.
Member Since Dec 22, 2015   6 posts
Dec 24, 2015 at 07:32
moneyfarm01 posted:
If you asked for notorized copy of my bank statement and drivers license and you were given. Why still holding on to a fund that's not yours?

You are nothing but a scam broker.

Presently I have over 10 brokers am working with without this issue.

You are a scam broker that's why you did not include withdrawal link but deposit in your clients profile.

Pls stay away from this broker if you don't want to lose your hard earn money.

II have been patients with them for over 4 months.

Would LP ever asked a broker not to pay back deposit?

This is not the place to discuss this.
We have sent more than 20 emails, account for 500 usd.
We do not want to retain their money longer, but complaice tells us again and again that you do not send the required documents.
why not send the required documents?
Just we stick to the money laundering laws.
Do it and within 24 hours your retirement will be effective.
African country that you live and Pakistan, have special conditions such as we caution.
Leave this this forum, and contact support.
And the next time that defames our brand study legal action.
Member Since Feb 08, 2015   7 posts
Dec 23, 2015 at 13:10
If you asked for notorized copy of my bank statement and drivers license and you were given. Why still holding on to a fund that's not yours?

You are nothing but a scam broker.

Presently I have over 10 brokers am working with without this issue.

You are a scam broker that's why you did not include withdrawal link but deposit in your clients profile.

Pls stay away from this broker if you don't want to lose your hard earn money.

II have been patients with them for over 4 months.

Would LP ever asked a broker not to pay back deposit?

Member Since Oct 04, 2013   27 posts
Dec 22, 2015 at 13:36
average of one week, mesured 24 h/d
Member Since Oct 04, 2013   27 posts
Dec 22, 2015 at 13:36
for cent accounts the spread are not good as roboforex, b.e.:

pair LowCostForex Cent account spreads : [pips]
audcad 2,8
audchf 2,8
audjpy 2,3
audnzd 3
audcad
audusd 3,2
cadchf 2,2


Member Since Feb 08, 2015   7 posts
Dec 21, 2015 at 07:50
Pls don't believe these reviews. This broker is a scam broker, the only want to receive deposit and will not honor withdrawals. It is over 4 months now can't get my part of my deposit back. They asked for motorization of my bank statement and drivers license which I submitted and still did not honor my withdrawal request. They block me from chatting with them after I threaten to go public if my funds is not released. They only have a link for deposit and not for withdrawals. Pls don't lose your hard earn money with this scammers.
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