SparenFx.com Review

Not yet rated
1 • 2 REVIEWS
Out of business
Updated: Apr 13, 2022

Website is down.  Company seems to be out of business.

SparenFx.com
Out of business
1 • 2 REVIEWS

Recent User Reviews of SparenFx.com

S
Sparen must pay
France,
Apr 21, 2011,
Guest

This broker doesn't want to return my funds.
In fact, it has shut down its phone lines and its support desk.

Sparen had really a good reputation among experienced traders but in fact it swindled its clients.
It was said Sparen was a STP giving access to 55% of the forex liquidity. That's bullshit! In fact the trades were hold in the house.

I think Sparen is going bankrupt so my money is lost.
Of course, you can see the complaints in the Traders Court of FPA.
K
Karlo
Belgrade,
Mar 24, 2011,
Guest

SparenFX - The Best Site to Make Money in FX - is addressed their home page. But that's a history. They just throw away several years of good work: They were good and reputable ECN broker. But this totally changed last few months.
We are group of traders and we started with Sparen a year and a half ago. We were all very satisfied: Instant execution, good customer service and fast withdrawals.
Suddenly everything changed: Slippages, no answers on emails and incredible slow withdrawals. I am waiting already 3 weeks on several hundred dollars only. Withdrawals were made in few days before, never more than a week. Several my friends reported same. One waited 6 weeks on few thousands of dollars. They don't answer on our emails because of withdrawals at all.
Pitty: Sparen need just few months from the best to the worst broker.