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fxclearing.ca Review

Overall Rating: (2.824)
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Total Reviews: 18
Last Updated: 2010-03-19
Special Notes: IBs for this company include kautsar-forex.com
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Felix Homogratus, USA

Rating:No Rating
Date of Post:2007-02-28
Review:I do not have any experience with this broker. If you used them, please submit your review below.

Juan Lin, China

Rating:
Date of Post:2010-02-22
Review:I have been a client with them for more than one year, I must say that they have excellent customer support ,they are fast and very personal. The most important reason why I give fxclearing this high rating is that deposits and withdrawals are very fast. And also I like 1 pip on EURUSD, USDJPY, GBPUSD, and USDCHF .

Nugroho, Indonesia

Rating:
Date of Post:2009-12-09
Review:I have try to trade in fxclearing, and this broker is really not a good broker, because they often manipulate their price (I'm compare it with other brokers). and also fxclearing is really slow, and the withdrawal process of my $10k need around 2 weeks. It is really danger to trade in fxclearing. I'm NOT recommend this fxclearing, because they are no regulation and potentially to become a scam. beware !

I'm say goodbye to fxclearing and never go back again to them.

sim-ibr, Brunei Darussalam

Rating:
Date of Post:2009-08-04
Review:This is the WORST forex broker that I had ever dealt with. The demo is fantastic. But when it came to the "Real"/Live Account, lots and lots of re-quotes like the WORLD is going for re-quotes FOREVER. When I had further analysed on all bunches of re-quotes, they are all winners (if they were to get filled !!!). My EA tests (in small micro lots) in "Real"/Live Account was earlier good, all filled up and won in micro lots only. But when they knew I was using EA, they had DISABLED or COUNTER-ATTACKED my EA from running as usual (earlier). Even though, technically from their website, they allow EA. I had complaint of the above, but all they said is that my internet is slow. WHAT??? I had used at least 5 other forex brokers, all worked fine. From now on, I will NEVER ever trust any Canadian forex broker which did not accept Canadian and American customers. Besides they are NOT registered with strict "forex"-based agencies/laws. YOU ARE TOTALLY AN IDIOT to be successful with this "shark" forex broker. Just go somewhere else, especially to other REGISTERED forex brokers (e.g. NFA in US, FSA in UK, etc...). Certainly, I am doing it starting today. ADIOS (forever), FX Clearing.

Ahmed Khaled, Egypt

Rating:
Date of Post:2009-07-22
Review:They offer full hedging capabilities. And I like the fast response of their Multilingual support

Indotrade, Indonesia

Rating:
Date of Post:2009-07-14
Review:This broker is a Requoteholic... Under some circumstances where market is easy to predict, it is very hard to put order following market direction... I think this is not fair...
However, I've withdrawn my profit, and still trading with them.
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Daniel, Surabaya

Rating:
Date of Post:2009-07-01
Review:No swap, no commision, 1 pip spread on majors (mini acc)
Good withdrawals, good services.
Already trades with FXClearing for almost 2 years.
GREAT!

Martin, Australia

Rating:
Date of Post:2009-06-26
Review:I like their Fast Withdrawal, Low Spread and Micro Account

SomeOne, China

Rating:
Date of Post:2009-06-04
Review:The platform is terrible. This week, I have suffered two orders because of their unhonest: my one order was stopped at StopLoss while their actual price didn't, and another order was not stopped at TakeProfit while their actual price did. I have kept the evidence! Though their 1 pips spread seems to be attractive, they may make you to lose by many other ways. This is the worst broker I have encountered.

JJ, Vancouver

Rating:
Date of Post:2009-04-01
Review:I was running the demo feed beside 2 other dealers and WOW, I couldn't believe it. So I'm trading EURGBP because they only have a 3 pip spread and I'm range trading through the slow times. Then I see EUR dropping 5 pips then 15 pips then another 10 pips, meanwhile on my other dealers feed the Euro only dropped 5 pips. The FX Clearing feed started to come back into line with the other feed but only by 5 pips, there was a 10 pip difference for the rest of the day. Its alot different when you see it happening right before your eyes. They are the worst of the bucket shops, if that happens on their demo feed I can't image what would happen on their live feed.
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