FXTRADING.com Review

2.266 · 4 REVIEWS

Gleneagle Securities Pty Ltd

Updated: Jul 31, 2020 · Visit site  · Is this your company?

FXTRADING.com is a forex broker. FX TRADING offers the MT4, MT4 moblile, and MT4 web top forex trading platforms. FXTRADING.com offers over 35 currency pairs, CFDs, oil. silver, gold, and stock indices for your personal investment and trading options.

FXTRADING.com
November 2018.  A different company once owned the FXTRADING.com domain name. However, since then, a new company has purchased the FXTRADING.com domain name and is operating an Australian ASIC regulated FOREX and CFD brokerage under the name FXTRADING.com (All references to fxtrading.com prior to 2018 are for the old company and not related to the new company on this page).

This review page is for the new company which owns and operates FXTRADING.COM
 
Please be careful to make sure you are leaving reviews on the correct review page.  The forex broker FXTRADING.com is not related to the company operating at FxTradingCorp.trade.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 200:1
Minimum to Open Live: $1,000
Established: 2009
Address: Level 27, 25 Bligh Street Sydney, NSW 2000 , Australia
Contact: service@fxtrading.com, +61 (02) 8039 7366
Regional offices:
Regulators: ASIC # 337985, VFSC #40256
Prohibited countries:
Trading platforms: MT4
Mobile Trading: Yes
ECN: Yes
Currencies: (35+)
Cryptocurrencies:
CFD: (10+) Gold, Silver, Stock Indexes, Oil, Other Commodities
EAs/Robots: Yes
News Spike Trading: Yes
Scalping: Yes
MAM: Yes
PAMM: Yes
Deposit Methods: Bank Wire, VISA, MasterCard, Local Bank Transfers, Neteller, Poli, Skrill
Withdrawal Methods: Bank Wire, VISA, MasterCard, Local Bank Transfers, Neteller, Poli, Skrill

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2.266 · 4 REVIEWS
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Traders Reviews

Victoria, Australia,
Apr 16, 2020,
Registered user

RIP OFF KEEP AWAY as recently taken over by Chinese

Service use: Live

Length of use: over 1 Year

Lies and Clear Rip Off

This is a strong warning to future potential clients thinking of using Fxtrading.com or Glen Eagle that many promises were given and then broken when they felt its the best time so they can rip off my account.

Account was profitable while under Rubixfx that I joined originally but when it was Merged or changed name to FXTrading.com then we noticed Spreads and Swaps were increasing dramatically.

With adequate proof I know all money was taken by the new Chinese owners of Fxtrading and want to warn everyone not to let them rip you off as well.

Keep well away from Fxtrading.com and Glen Eagle or YOU WILL LOOSE YOUR MONEY $$$$$
  1 trader has found this review helpful
Mathias,
Singapore, Singapore,
Jul 30, 2020,
Guest

Red flagged. inadequate system checks

Service use: Live

Length of use: 0-3 Months

Long story short, I registered to be a client.

red flag #1
Before submitting any documents, account application was approved. Calls into question the legitimacy of their KYC policy.

red flag #2
Account Manager kept calling and emailing me asking me to deposit money. When i brought up my concerns over the lack of KYC procedures, his answer was simply to appease me "you can upload it in client portal if you like, but your application is already approved"

my conclusion,
1) this broker doesn't bother with proper onboarding procedures
2) this broker is only interested with your deposits
3) chinese owned. *not meant to be read in a racist context, but of how they are known for not following regulatory requirements when they see money..
 
Nancy,
Sydney, Australia,
Apr 23, 2020,
Guest

Good trading environment

Service use: Live

Length of use: 3-6 Months

I have traded with Fxtrading over a few months time, and everything so far has been good. Spreads from Pro account are competitively low comparing to my previous broker, that’s good.

Very patient customer support people.
  1 trader has found this review helpful
Michael,
Taiwan, Taiwan, Province of China,
Apr 29, 2020,
Guest

Long term loyal client

Service use: Live

Length of use: over 1 Year

I have been with this broker for a pretty long time, even when they used to be called rubix fx back in time. They have pretty good workers in taiwan, making me feel very realiable.