FairForex.com Review

2.686 • 23 REVIEWS
Out of business Fair Forex Limited Was FairForexFX.com
Updated: Mar 6, 2023
FairForex is a forex broker. Fair Forex offers the MT5 forex trading top platform. FairForex.com offers over 45 forex currency pairs, commodities, stocks, indices, metals, bitcoin and other cryptocurrencies for your personal investment and trading options.
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February 2021:  Large numbers of fake and suspicious positive reviews submitted for FairForexFX.
Website is down. Company seems to be out of business.
Out of business

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $50
Established: 2019
Address: Suite 305, Griffith Corporate Centre, Beachmont, Box 1510, Kingstown, Saint Vincent And Grenadines
Contact: support@fairforex.com
Regional offices:
Prohibited countries:
Trading platforms: MT5
ECN: ✅ Yes

Trading Instruments

Currencies: (45+)
Cryptocurrencies: (35+) Bitcoin, Litecoin, Ethereum
CFD: (135+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Bond Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
PAMM: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Instacoins, M-Pesa, PayPal, Zelle
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, PayPal
2.686 • 23 REVIEWS

Traders Reviews

Melbourne, Australia,
Jun 22, 2022,
Registered user

Withdrawals HELD, trades closed! What is happening???

Service use: Live Length of use: 0-3 Months
At 17h on the 14 of July 2022, the system closed all my opened trades on my FairForex account.

Later that day, FairForex sent an email stating, “The broker is in the process of switching platforms; unfortunately this means that you will need to close out all your trades in Metatrader 4 and 5, or they will be closed for you. All funds will be credited in your new account in the new platform as soon as possible, along with any genuine losses incurred.”

Switching platforms? Suddenly, without previous notice?

Withdrawals HELD!

The next day (today), they sent an email with a FAQ stating, “We cannot process withdrawals until the issue is fixed due to the technical difficulties we are facing. However, once it’s fixed withdrawals will resume as normal. Once the issue is fixed, we will have an improved experience with several different platforms on offer.”

Trusting that the situation is due to a software migration or upgrade is suspicious and difficult. Furthermore, it affected the money, not the Metatrader terminal, as I can still have access to it.
Tia Goode
Hampton Virginia, USA,
Jan 25, 2022,

Customer Service

Service use: Live Length of use: 6-12 Months
Whenever I make a deposit it's always available as soon as I deposit. Customer service is good, I have not yet had a problem. I have been a customer since May 2021
jamaica, Jamaica,
Dec 17, 2021,
Registered user

Everything about them

Service use: Live Length of use: 3-6 Months
They have the best customer service and i love the withdrawal time. They also don't do market manipulation and real traders know how important that is.
Dec 13, 2021,
Registered user

Second to NONE!

Service use: Live Length of use: over 1 Year
I am absolutely loving Fair Forex, from their spreads to their customer service it is honestly unmatched. I appreciate all the help and patience they provide to ensure I have everything I need. They are truly for the traders and I appreciate them. They are a super quick response time and i never have a problem withdrawing or depositing my funds.
Dec 7, 2021,
Registered user

Great Company

Service use: Live Length of use: 3-6 Months
Fair Forex is a great company. Always willing to help. I love their many deposit options. Customer service is top notch.
Virginia, USA,
Dec 4, 2021,

Good experience

Service use: Live Length of use: 6-12 Months
Very responsive to messages and funds are deposited quickly. The customer service representatives are very knowledgeable and patient.
Angeleena Mulligan
Ohio, USA,
Nov 3, 2021,

My Go-To for a Trading Broker

Service use: Live Length of use: 6-12 Months
Using Fair Forex is very user friendly. The customer service is wonderful due to their efficiency and response time with issues. Deposits and withdrawals are quick and easy along with free signals and indicators to win the market.
North Carolina, USA,
Nov 2, 2021,
Registered user

Debit Card Deposits, Fast Withdrawals, Low Spreads

Service use: Live Length of use: over 1 Year
I have been using FairForex since I started day trading in the Foreign Exchange market and I have had nothing but good experiences. You can contact the CEO on telegram directly and get in touch with customer support with ease.
Tennessee, USA,
Jun 16, 2021,

Best Broker So Far!!

Service use: Live Length of use: 0-3 Months
I just switched over to fair forex and had a very easy experience with my deposit. I also tested the withdrawal process to make sure that it was efficient and once it was processed it came through quickly (BTC withdrawal). No issues so far!
Brian M
Jun 11, 2021,

Bitcoin withdrawal

Service use: Live Length of use: 0-3 Months
My experience with Fair Forex FX was amazing. Customer support responds very quickly to my inquires about my withdrawal. I received my funds timely as expected and without issue. I will soon try the CashApp withdrawal. Highly recommended broker!!!!

Brian M
South Carolina, USA,
Apr 8, 2021,
Registered user

Great broker

Service use: Live Length of use: 6-12 Months
I haven’t even been trading for a whole year and this is the only broker I’ve used. Great experience with them. There were some recent changes but it is for the better! Would recommend to others.
Michigan, USA,
Mar 16, 2021,
Registered user

Great Broker With Great Service

Service use: Live Length of use: 0-3 Months
What does one need in a good broker. No wait! A great broker. Trust, honesty, and unexcelled service! Fair Forex has all three! I have been trading for six years, and have never had such great customer service. I am looking forward to doing business with Fair Forex for years to come.
Stl, USA,
Mar 2, 2021,
Registered user

Fair forex... Fairest of them all

Service use: Live Length of use: 3-6 Months
This is best broker I’ve came across on my journey. Loads of information and reliable support. Recommend for beginners and pros
Feb 26, 2021,

Deposit to Fair Forex missing!

When transferring money to Fair Forex using Bitcoin, Fair Forex gives you there address and QR code to scan. I scanned the code with my BTC wallet. My wallet stated and showed the transaction approved and completed. However, my Fair Forex account did not show the deposit. I waited days to give it some time, still nothing. I contacted them about the issue. They stated I should have taken a picture of the transaction and sent it to them. I sent the pics of the transaction, the date, the time, the address the money was sent from and the amount. After I sent them the info they requested; They said they could not find the money and the money amount I sent them could have changed due to ‘fees’... I have never heard of this. Also, no other broker has ever asked for pics of sending money, especially when the broker is giving you the actual address to send the money (scan code). It makes no sense. Any how they can’t find the money sent for some odd reason. So it supposedly lost in cyber space. Seems a bit shaky to me.
Las Vegas, USA,
Feb 18, 2021,
Registered user

These 5 star reviews must be fake or paid

Service use: Live Length of use: 0-3 Months
There is no way this broker has the many positive reviews. They are a complete scam. First, they require you to make a copy of your hash when transferring BTC into your account. No other broker I have used requires this. If you do not follow up with them, you will never get your deposit. Then, when trying to withdrawal money, they tell you there is a 20% fee for BTC. Again, no other broker I have seen charges this much. And since I was already suspicious of them on the deposit, I did not trade and just wanted my money back. They tell me about the BTC charge, their paypal is down and there is another 20% fee due to no trading. When following up again, they will not respond. Thank goodness I only tested them with $100. If you think you are going to get any of your money back from these guys - you are crazy. Complete scam.
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