FairForex.com Review
2.686 •
23 REVIEWS
Out of business Fair Forex Limited
Was FairForexFX.com
Updated: Mar 6, 2023
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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.
Broker Details
| Minimum Trade Size: | 0.01 |
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| Maximum Leverage: | 500:1 |
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| Minimum to Open Live: | $50 |
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| Established: | 2019 |
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| Address: | Suite 305, Griffith Corporate Centre, Beachmont, Box 1510, Kingstown, Saint Vincent And Grenadines |
| Contact: | support@fairforex.com |
| Regional offices: | |
| Regulators: | |
| Prohibited countries: |
| Trading platforms: | MT5 |
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| ECN: | ✅ Yes |
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| Currencies: | (45+) |
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| Cryptocurrencies: | (35+) Bitcoin, Litecoin, Ethereum |
| CFD: | (135+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Bond Indexes, Oil, Other Commodities |
Trading Conditions |
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| EAs/Robots: | ✅ Yes |
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| News Trading: | ✅ Yes |
| Scalping: | ✅ Yes |
| MAM: | ✅ Yes |
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| PAMM: | ✅ Yes |
| Deposit Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Instacoins, M-Pesa, PayPal, Zelle |
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| Withdrawal Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, PayPal |
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2.686 •
23 REVIEWS
Traders Reviews
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.
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.
T
Tia Goode
Hampton Virginia, USA,
Jan 25, 2022,
Guest
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
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.
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.
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.