Forex.ch Review

Este corredor ha cerrado
This broker has closed

Reliable & supportive client support. Fast execution. Since they have a strong liquidity provider I do not trade against them anymore and I do not get requotes, allowing me to trade professionally. Trading during news with wider sreads.

Hi.....I wud rate gfx a 4 star...since it has updated its platform...it offers quick and reliable execution...The admin staff is very efficient....honest and reliable....

Lynda

I'm very please with their new trading platform, reding the news they have lately, it looks they have made good prosress. I was always pleased with the quick reply from customer service, I think they are now on the right traks and expect even more.

I have been with GFX SA for tweleve months. Lots of requotes,trading platform freezing up and the last two days 17/10 & 18/10 their platform is blank! I would have thought upgrades would be completed at week ends like any other company!
I just hope I can transfer my funds. Can any body recommend a broker? Consider 200:1 margin and with simple charting as I only require four indicators. wheatley@chariot.net.au
Great site!

Stay away from GFX. They are scam artists. I opened a demo account trading usd/zar for the reason they market it as major currency. I did well on demo but once i opened my live account i couldn't get in the market. They kept requoting me. Sometimes it took 30seconds and longer for a quoto to be accepted.
These guys are the worst ever. I still have money left in my account but i prefered to walk away.

hi felix.

i just want to say how thankful i am for what you have done so far in helping your fellow forex traders. i haven't met you, but from what i have read so far about you seems very honest and i feel i can trust your opinion to a certain degree. what a coincidence that i found your forexbastards site just before i wanted to open a new account with gfxsa. i don't believe in coincidences.

this comment also refers to the e-mail that you sent me today relating to the story of Michael, from Luzern, Switzerland about his experience with acm.

i have been demo trading with gfx for almost a year while i had a day job to test certain trading strategies. i was very impressed with their platform and everything else and was very excited to open a live account with them to start trading full time again, when i came across forexbastards.

i had a live account opened and was waiting for tax clearance from our revenue service before i could transfer my money to them. after reading some of the comments posted about gfx, i got cold feet. i e-mailed sahand at gfx, who i was dealing with and told her that i do not want to do business with them anymore and that she can close my account.

i received a phone call from her asking if i found this info on forexbastards? she then told me that it is all lies. sahand sounds like a very nice and pleasant person and i do not intend to make her look bad. she said that their competitors post negative reviews about them to damage their reputation and that i should ignore it. i was surprised that this site is so well known by gfxsa.

in the mean time, i revieved all the 5 and 3 star brokers and found one that seems good to use and will be opening an account with them this week. i will also keep you up to date with my experiences with them, good or bad.

to sum up. because i have had very bad experiences with some brokers before, like fxcm, gft-forex and gain-capital some years ago, i am familiar with red flag issues and know what i don't want. as traders we need to be able to trust somebody who will tell the truth. honesty and credibility is very important in this game and i will only give my business to reliable brokers. if the brokers, knowing that this forum exists, still perform dishonest dealings with their clients, they are really stupid. don't they see that all the dirty laundry is displayed here? if they are serious about business, they should clean up their act and then traders would run to them because of their good reputation.

so again, thank you for this forum and yes, i am a real person

It is true that GFX is under investigation from the Swiss Banking Commission, but this applies to all forexbrokers in Switzerland. It is the third broker I test, and I can say I'm pleased with their execution, stops and limits are respected, and when I have an issue its solved quickly, same when I withdraw my funds. This makes me feel secure and wish to stay with this broker.

I invested 28000 usd with gfx/forex.ch. made 58000usd profits within few days on usd/thb spot and about 1500usd loss on eur/usd i asked them to transfer some of the money to me. they just cancel all my deals in usd/thb ( and did not cancel of course my deals on eur/usd). I accept my loss on eur/usd, but they only reason their lawyer gives to mine for cancelling my usd/thb is that i was not on the market??? and they could not find any conterpart. my deals were all confirmed by them and on their statement, and all are in the range of bloomber chart. i just learned, thanks to your website that gfx is now under enquiry from the swiss federal bank commission... so even if i win my case in court... i will get nothing except feeding my lawyer...
http://rc.geneve.ch/rc/consultation/consultationcomplete.asp?no_dossier_fed=CH-660-1425005-9

The company is under investigation from the Swiss Banking Commission. Sounds bad. http://rc.geneve.ch/rc/consultation/consultationcomplete.asp?no_dossier_fed=CH-660-1425005-9