Advertisements Review MT4 - MetaTrader Platform CFD - Contract for Difference

Overall Rating: (3.704)
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Total Reviews: 32
Last Updated: 2015-09-03

Forex Broker Inc are forex brokers. Forex Broker Inc offers the MetaTrader 4, MT Mobile, and WebTrader fx online trading top platform. offers over 40 of the most traded currency pairs, cfds, energies, and metals for your personal investment and trading options.

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Andres, , Estonia

Date of Post:2014-09-09
Everyone who is news trading with forexbrokerinc using snw, fng or other autoclick software, withdraw immediately!

Dear Mr.
We are writing in connection with your Account no. registered with our company Forexbrokerinc.

In that regard, our Anti-fraud Department has brought to our attention that the trading patterns in your Account raise serious concerns that your Account was being used for ‘arbitrage’ activities. Pursuant to the terms and conditions such activities are being qualified as fraudulent. An excessive number of trades in your account were found as arbitrage orders, which is in direct breach to our Terms and Conditions (point 9.3) to which you agreed when signing up (

Accordingly, we regret to inform you that, in accordance with the terms and conditions above, we have decided, with immediate effect, that your Account will no longer be eligible to receive our services and therefore will be permanently suspended.

Please note that, in accordance with these terms and conditions, our decision to cease doing business with you is final, and we will proceed with the withdrawal of your funds to the source of your initial deposit.

Best Regards

Dealing Team

Sent them replay:

I am trading news with secret news weapon and forex news gun. Those programs get news feed from reuters or other news source and then depening on news data press buy or sell on your mt4. This is not somekind of arbitrage trading!

Dear Andres,

We are contacting you with the feedback from our Risk and Fraud Management Department. Their conclusion after checking your trading pattern is that you have used a risk-free automated trading software, which is in contradiction with our Terms and Conditions.

Their decision is final and your account will remain closed.

Thank you for your understanding.

Dealing Team

Sent replay:
There are no risk free programs, every program has its risk especially on forex market (slippage, whipsaws, bad execution, price goes wrong way etc.). So that 9.3 paragraph wont hold water on my case. After my last letter i see that you have taken my money also. I want that money returned to my account and sent to the source of my Initial deposit like your first letter stated. "We will proceed with the withdrawal of your funds to the source of your initial deposit."

Dear Andres,

We have checked again with our Risk and Fraud Department and they confirmed that the trading pattern in your account is a risk-free pattern. Our Terms and Conditions refer in the mentioned paragraph exactly as this trading style: 9.3. The Company may cancel and / or close arbitrage transactions (risk-free profit), particularly those where the quotes were not at market prices and / or were in contrasting identity.

According to the investigation that was carried on, the profits you made from arbitrage trading were confiscated and the amount of funds remaining from your deposit (30$) were sent back to your card. This is in agreement with the procedure stated also in our T&C, at point 84: 84. We reserve the right to void and withhold any or all funds made by any person or group of persons where we have reasonable grounds to believe that said person or group of persons is acting or has acted in liaison in an attempt to defraud or damage Company and/or the services in any way.

Please note that this decision is final and that no further communication will be available regarding this matter.

Thank you for your understanding.

Dealing Department

And they claim to be ecn broker...

Brian, Pennsylvania, USA

Date of Post:2014-08-17
Review: DO NOT SEND THESE PEOPLE YOUR MONEY. this entire outfit is a bunch of crooks using a semi legal business as a front for money laundering. they use the initials FBI as a joke. if you have any decent malware blocking software on your computer it won't even let you log onto their site. BEWARE

vgasper, Ljubljana, Slovenia

Date of Post:2014-06-13
Review: Trading during news with FNG was negative because of bad entries. I had no problems at withdrawal request.

Stonecold, , USA

Date of Post:2014-05-08
Review: I have traded Forex for 6 years, and have traded a live account with for the past year. I have found the pricing on their live accounts to be better than that on their demo accounts. I have requested many withdrawals from them, both via credit card and wire transfer, and have had excellent results each time. Every time I have interacted with them on any question or concern, either large or small, their customer service has exceeded my expectations. This is the best broker overall that I have had the opportunity to deal with.

Evgeny, CA, USA

Date of Post:2014-03-22
Review: I am very satisfied with the service of this company. Especially responsive Kristina! She Very helped me sort out some issues.
Thank You very much, Kristina.

I.P Knightly, Home, USA

Date of Post:2013-10-14
Review: Great company so far, quick transaction with credit card deposit and withdrawal. I like the 200:1 leverage and hedging allowed. One thing though, if you open an account with them, they have a web base platform, go in there and leave the community immediately before you start trading. If you don't, there are a bunch of freeloaders on there that will copy your trades without your authorization and steal your hard work. It's nothing to do with Forex Broker, but just the way the software works. If you are a freeloader and you don't want to do any work and piggy back on someone's else effort then it would be a great place to steal trades, but to me that's unethical. Other than that, Forex Broker Inc, is a great company.

Augie, California, USA

Date of Post:2013-09-24
Review: Found the best Forex Broker here, ForexBrokerInc. you don't have to look around for a very reliable and honest broker. I am a US citizen and have been trying a lot of offshore forex broker, some of them are cheaters like which manipulated their price chart to wipe out your account. pls. stay away from this scammers. I have been with this broker for almost a year and been very happy and satisfied with their service. I just tested their withdrawal and everything went smoothly. special thanks to Kristy, customer service , for going above and beyond to help me with any issues regarding my trading, deposits and withdrawal. they even gave me an extra credit bonus when I had a problem with my deposits by credit card to compensate for my inconvenience. how cool is that.! it is also worth mentioning that I started with a very small amount which is a credit I won on their free roll tournament contest. now after some serious and carefull trading, this account now has grown such that I am starting to withdraw my hard earned profit. hope I finally found my forex broker for life. I would highly recommend this broker specially to all US citizens who are looking for an honest offshore forex broker. hope they will stay and keep up the good works.

angry trader, texas, USA

Date of Post:2013-08-14
Review: Their platform performance may seem great when you're using their demos (that's how they lure you in), plus the deposit bonuses. Ask yourself why would they give you such a giant deposit bonus (30%-50%)? It's because they have their own dealing desk and they are GREEDY! Their spreads widen considerably during trends. I did a side by side comparison to my real money FinFX account for several weeks, and FBI is throttling the data because it lags at least a minute from my REAL MONEY FinFX account. I've lost a lot of money with this broker. Stay away if you want an STP ECN provider, because their dealing desk will take you to the cleaners.

Jay, Iowa, USA

Date of Post:2013-06-14
Review: Horrible service, Bad Broker. I have opened an account after playing there demo which I was pleased to see was going great. I decided to Put 400 dollars in a Live account With Forex broker inc. five days later On Sunday June 9th 2013 I decided to start Trading. I was up 267 dollars for a total Of 667 dollars at this time. I had two Trades that were going south for a while which I knew would come back (they Did) Forex broker inc. decided to take out my Trade with Negative 300 Dollars For no reason, NO margin call at this time I called immediately for an answer of why I also Emailed there back office immediately after another occurrence happened about thirty minutes later now this time on a 220 dollar Negative P/L. (which also came back) Which they decided to take out. I Have experience trading I left my P/L's in with no S/L or T/P for the fact I knew my trades would turn out to be winners by thursday June 13th (which they were) HUGE WINNERS. I am not as concerned about the money as I am with there company. Once investigation took place (5:00 A.M. Monday June 10) I emailed them multiple times wondering whats going on and still nothing till today Friday June 14 when they stated to me I did this It was my own fault. Now I know For a fact I would NEVER NEVER NEVER do this to my account I am A great chart reader i know a lot about what I am doing with Trading. I Have as well had many issues with them Such as No call from account manager even though I have requested More than three times. A few times I did put in my S/L and T/P it did not take them I called immediately on this point as well and took them over an hour to fix this problem. Half of the time when I am ready to Trade they will Log me out Over and Over again. This did not happen on the demo, only on my Live account. I have proof of times data anything any one needs I will gladly Supply.

venkat, USA, USA

Date of Post:2013-05-31
Review: I have a decent size account with them excellent customer service great bonus overall very good startup broker.. Good luck all
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