Abstract:FX-Cycle Trader is a very new online broker, allegedly registered in China, offering a series of trading products including currencies, stocks, indices, commodities to its clients. The information on the FX-Cycle Trader website is minimal, even its real office address not disclosed.
General Information
FX-Cycle Trader is a very new online broker, allegedly registered in China, offering a series of trading products including currencies, stocks, indices, commodities to its clients. The information on the FX-Cycle Trader website is minimal, even its real office address not disclosed.
Official Website Unavailable
Since FX-Cycle Traders official website cannot be accessible for the moment, we could only collect some related information from some broker-review websites to get a rough idea of this broker.
Market Instruments
Trading products offered FX-Cycle Trader are common and popular ones, including forex pairs, commodities, stocks and indices.
Leverage
No trading leverage information can be found anywhere. Since leverage can amplify gains as well as losses, it is essential than traders should learn risk management and choose the proper lever amount.
Spreads & Commissions
Today, many brokers calculate all trading costs into spreads. Here FX-Cycle Trader advertise that it offers super low spreads, but it does not specify spreads on particular instruments.
Trading Platforms
When it comes to trading platforms available, what FX-Cycle Trader offers is not the famous MetaTrader Platforms ( MT4 or MT5), maybe some proprietary or third-party platforms.
Customer Support
FX-Cycle Trader offers a poor customer support, with telephone number, online chat unavailable, and they can be only reached through email: support@fx-cycletrader.com and admin@fx-cycletrader.com.
Equiti, a regulated forex broker, faces complaints of suspended accounts, missing funds, and poor customer service. Despite its licenses, traders warn of platform instability and lack of support. Caution is advised.
As the number of complaints for INGOT Brokers rises, traders are advised to approach it with caution and refrain from making any huge investments. Traders from around the World have been accusing the broker of several malpractices and scammy tactics, leading to a decline in its trust score and risk alerts for the traders.
There has been a rising number of complaints about WELTRADE and the traders’ concerns about its transformation from a reliable to a not-so-reliable and scammy broker. Since 2025, its operations and security have been in question, with over 14 traders accusing it of fraud.
Saxo Bank has announced a wide range of updates to its trading platforms, aimed at making it easier for partners and clients to manage portfolios, understand performance, and handle options trading.