Scam

WELTRADE

The Weltrade company had increased the spread for Gold, almost 1600 % from what it usually was and my account could not withstand. Moreover, Systemgates Ltd aka Weltrade is changing its registration every single year, from one offshore country to another. In 2016 it was Vanuatu, in 2017 it was Belize and in 2018 it is Saint Vincent and the Grenadines. I found out that Systemgates Ltd has no licence whatsoever to engage in forex trading since the Financial Services Authority does not issue a licence to a company engaging in forex. I have lost 56 000 USD and trying to get them back . The company refused to return the money after I lodged my complaint with it more than 10 times.

Unable to Withdraw

RoboForex

RoboForex ile işlem yaparak elde ettiğim kârın çekilmesini talep ettim, işleme alındığını iddia ettiler, ancak 48 saatlik işlem süresi dolmasına rağmen henüz hesabıma para geçmedi. Çok hayal kırıklığına uğradım ve onlardan böyle bir şey beklemiyordum. Sorumlu olduğunu iddia eden ve yıllardır faaliyet gösteren bir forex brokeri bunu yapmamalı. Eminim benim gibi başka mağdurlar da vardır.

Others

Headway

Headway's slippage always goes in the direction of losses, with an average slippage of 12 pips on profitable trades and never more than 2 pips on losing trades. If this isn't intentional, what is? Malaysian traders have exposed Headway's spread fraud. The platform uses unusual spreads on Southeast Asian currency pairs: the average spread on USD/MYR is 12 pips, and on EUR/MYR it's as high as 15 pips, which is 3-5 times the normal market spread. Even more outrageous is that during Malaysian public holidays, spreads can widen to 20-25 pips, clearly exploiting insufficient liquidity for malicious pricing. Headway should not be in Malaysia. Never trust this broker. If you have any funds, withdraw them immediately and stay away from them.

Unable to Withdraw

UNforex

They claimed it was for external hedging, but then all normal hedging was blocked, withdrawals were prohibited, and the platform didn’t intervene—just pushed credit cards instead. The account manager had us buy others’ information to execute hedging, but in the end, they washed their hands of everything.

Severe Slippage

Headway

I set my stop-loss for USD/TH at 36.20, which is the breakeven point I calculated. If the price goes higher than this, I would lose a whole day's worth of overnight market income! Then the system froze for two seconds, and suddenly the price jumped to 36.55—a slippage of 35 pips, meaning I lost 7,000 THB! I was using a True Move 5G dedicated line and logged into 'SCB Forex,' where slippage was only 3 pips. So why is Headway being blamed as a 'network issue'? I know a bit about Forex trading, but I've never seen slippage this bad before. Over the past 20 days, I traded USD/TH 18 times, and 14 of those had slippage exceeding 20 pips, totaling 23,000 THB in losses. Stay away from Headway—this deceptive platform has hit me hard.

Others

WELTRADE

As a Malaysian trader, I'm extremely angry about WELTRADE's exploitative spread practices against Southeast Asian clients. The average spread on the platform's USD/MYR currency pair is a staggering 18 pips, compared to just 6-8 pips on other international platforms like Pepperstone. Worst of all, during the Malaysian stock market's opening hours (9:00-10:30 AM), spreads often suddenly widen to 25-30 pips, completely rendering my short-term trading strategies impossible to execute. My trading records show that I lost an additional 5,800 ringgit in March alone due to abnormal spreads. WELTRADE also charges Malaysian clients an additional "emerging market currency surcharge" of US$3 per lot traded, while spreads on platforms in Singapore and Australia during the same period are completely normal. This is systematic spread manipulation targeting Malaysian traders.

Others

WELTRADE

ความล่าช้าของข้อมูลตลาดของ WELTRADE สร้างความเดือดร้อนให้กับผมอย่างมาก ผมกำลังเทรด USD/MYR และเห็นราคาแพลตฟอร์มแสดงอยู่ที่ 4.73 แต่ตลาดกลับขึ้นไปถึง 4.76 แล้ว ความล่าช้าเพียง 30 วินาทีทำให้ผมขาดทุน 3,600 บาทตอนที่ผมวางคำสั่งซื้อ ผมตั้งจุดตัดขาดทุนไว้ที่ 4.68 สำหรับ EUR/MYR แต่ความล่าช้าของข้อมูลของแพลตฟอร์มทำให้ไม่สามารถดำเนินการได้ ผมรอจนกว่าราคาจะลดลงเหลือ 4.75 ก่อนที่จะปิดสถานะ ส่งผลให้ Slippage 70 จุดและขาดทุน 84,000 บาท แอปเทรดบนมือถือของ WELTRADE มีช่องโหว่ด้านความปลอดภัยที่ร้ายแรง แอปนี้ขอสิทธิ์การเข้าถึงข้อมูลผู้ติดต่อ กล้อง และข้อมูลตำแหน่ง ซึ่งไม่เกี่ยวข้องกับการซื้อขายเลย โบรกเกอร์รายนี้ไม่น่าเชื่อถืออย่างยิ่ง ควรหลีกเลี่ยง

Unable to Withdraw

xnzt188

Due to a system issue, the account balance was incorrectly deducted. Although the amount has been recovered, withdrawals are currently unavailable.

Others

eToro

I used etoro for a while, tried to withdraw money but it didn't come through. Contacted support and they just gave vague answers, then later went completely silent. It's clearly a scam. The platform is also laggy. Did some more research and found out it's not approved by the SEC. I don't recommend it, I'll pass.

Unable to Withdraw

Fizmo Fx Markets

CS BABI!!! NO CLEAR REASON... WHERE'S MY MONEYYYY I can't withdraw funds from my account

Scam

Greede

It's already more than 10 lots but they didn't even acknowledge it. I already deposited, and suddenly they asked for KYC again. Damn, this scam got my deposit stuck. Be careful, guys.

Unable to Withdraw

Newton Global

I can't withdraw for almost 2 days now and what does this mean and I have been trading with the broker for long

Scam

oipax

They tricked me into registering and sent an email notifying that a $30 bonus had been successfully credited to my account. But when I checked, there was nothing in my portfolio. I'm very confused... even though they sent an email confirming they had credited the $30 bonus to my account???

Unable to Withdraw

JustMarkets

Facing withdrawal problems with JustMarkets left me feeling extremely angry and helpless. These are my own invested and hard-earned funds, yet when I tried to withdraw, I ran into endless obstacles—delays, vague responses, and no clear solution. The whole experience made me feel trapped and even question whether the platform is truly reliable. For a broker, withdrawals should be the most basic and error-free process, but JustMarkets has completely failed in this regard, destroying my trust in them.

Unable to Withdraw

Skyriss

I did a wire withdrawal on August 12th and today is the 17th and it still says pending and on the clearing stage. My understanding is that the wire withdrawal was suppose to be faster. I’m very confused and worried because that was 2.1k of my own money. Does anyone have any idea what’s going on???

Others

Headwayrebate

"low spread" lie! They claim a "fixed spread of 4 pips on USD/JPY," but during actual trading hours (from 9:00 AM to 3:00 PM local time), the spread reached up to 32 pips—nine times higher than Mumbai's platform! Last month, I traded in XAU/ USD (gold). When I placed the order, the spread showed 6 pips, but after the trade was completed, it became 21 pips.

Unable to Withdraw

TradeEU Global

threat to take actions against me because they have my ID photo and on top of that they claim to have all permits up to date. license everything The scam causes loss of funds

Severe Slippage

Headway

I'm incredibly angry about your actions! During my time trading on this platform, l've been plagued by both slippage and margin calls, sinking into despair. Slippage haunts every trade like a ghost. In one GBP/JPY trade, the market was stable, but my order slipped by over 30 pips, resulting in significant losses from the outset. And when the market moved against me, the platform's malicious manipulation made me even more miserable.

Unable to Withdraw

Axiory

My withdrawals with Axiory have been stuck as ‘In progress’ for days, even though deposits go through instantly. This clearly shows how easy they make it to put money in, but when it comes to taking money out, they delay or block it. Very unprofessional and frustrating experience.

Unable to Withdraw

XTB

I submitted a withdrawal request and I did not receive the withdrawal for more than a month, in addition to the agent for my account does not respond, and the support service available 24 hours does not respond either. I waited for more than a month and I did not receive the withdrawal. I did not receive the withdrawal, they say that the bank rejected the transfer, and the bank recovered the transfer. I told them that if the bank recovers the transfer, they will return the amount to you in less than a week, and therefore you must add the amount to my private trading account. Then the agent for my account told me half a month ago that the bank recovered the transfer and the XTB company will refund the amount to my private trading account in less than 10 days. Now it has been almost thirty days and they have not added my amount. In addition, the agent for my account does not respond and their support service is available 24 hours and they also do not respond