LoyalEFX.com Review

1 • 5 REVIEWS
Out of business
Updated: Aug 13, 2023
LoyalEFX is a forex broker. Loyal EFX offers the Web and Mobile forex trading platform. LoyalEFX.com offers over 5 forex currency pairs, commodities, shares and indies for your personal investment and trading options.
June 2020:  Multiple fake and highly suspicious positive reviews submitted for LoyalEFX.com.
Website is down. Company seems to be out of business.
LoyalEFX.com
Out of business
1 • 5 REVIEWS

Recent User Reviews of LoyalEFX.com

M
Muralimithul
Coimbatore, India,
Nov 23, 2020,
Registered user

Payment problem

Service use: Live Length of use: 0-3 Months
Loyal efx payment is very big problem starting i deposit 100dollar now my balance is 900 dollar many i asking my paymeny but they are not given my payment no responce still i fighting please dont investment loyal efx because your money is not safe thanku
P
Padmaja
Chennai, India,
Nov 18, 2020,
Registered user

Fraud company LOYAL EFX

Service use: Other Length of use: Have not used
FRAUD, FRAUD, FRAUD, Very very cheating company loyal efx, previously
I gave bad comment about them, but again they called me & pleased me to trade, but they lost my money wantedly, later only I came to know about these type of companies, however if my review is useful for others, pls don't get cheated by loyal efx.

Oct 27, 2020 - No Rating Hi
I have posted a previous review, this happened due to some misunderstanding, but now the problem got solved, there is no issues with them,
Hence I'm withdrawing my previous bad review post.
Thanks
balaji

Oct 22, 2020 - 1 Star Dear sir,

I'm m.p.balaji, I newly opened the trading account at your company loyalefx, in the name of my wife Mrs.Padmaja banu.b through your office, one mr.karthik on 20.10.2020, he called & explained me and the same day I opened the account to operate & deposited 150 usd and in 1 hour another person from accounts called me & gave me training how to trade & operate the account. Then they said from next day onwards a coordinator will call me and advice me to trade.

But from next day no one has responded my wazzup, & today I called in wazzup no, they are not picking my call. The wazzup no they called me to get my address details, I called them in +44-7520665254.

Hence I request you to kindly help me the procedure to withdraw the money of 150usd which I have made payment through online.
This is my mobile number +91-8825633035,
+91-8925756932.

The payment details sent through bhartipay reciept also attached.

Kindly advice what is the withdraw formality, I can send my wife padmaja account holder bank details if you want to send back my money.

Kindly response ASAP, I'm in afraid whether I'm dealt with right person from company or I'm cheated?

Thanking you, Yours faithfully,
Mpbalaji /padmaja banu.
1 trader has found this review helpful
K
Kingprenuer
india, India,
Jun 7, 2020,
Registered user

They are scam ...

Service use: Live Length of use: Have not used
They asked me to deposit money and never called me or having any email .. They called me and asked me to deposit money to get stated with the fi=orex trading they are scam ..I sent a withdrawl request they never ever respondef
P
Parasuraman
Chennai, India (Really the offices of LoyalEFX in Sri Lanka),
Jun 7, 2020,
Guest

It's the best company I make huge profit I got the withdrawal also (I'm really a LoyalEFX employee)

Service use: Live Length of use: 3-6 Months
I am trading in this company like 3months my trading are perfectly going I faced some losses they recovered that amount also
Forex Peace Army
Review moderation team note
5 Star Rating removed.

This is the third of 3 reviews for LoyalEFX that came from the same IP used by a Loyal EFX employee to contact the FPA.  Per FPA policy, the rating on this review has been set to Zero stars.
D
Durgesh rana
India, India ((Really the offices of LoyalEFX in Sri Lanka),
Jun 5, 2020,
Guest

Trade in this company make reasonable profit (Enough to pay me to work for this company)

Service use: Live Length of use: 3-6 Months
I am trading in this platform like 3months nice platform good signals trading anlyser are very friendly if it's market is negative they giving a such a nice ideas I started with 1000$ now I maked profit like 4000$
Forex Peace Army
Review moderation team note
5 Star Rating removed.

This is the second of 3 reviews for LoyalEFX that came from the same IP used by a Loyal EFX employee to contact the FPA.  Per FPA policy, the rating on this review has been set to Zero stars.
R
ravinder raw
Delhi, India (Really the offices of LoyalEFX in Sri Lanka),
Jun 4, 2020,
Registered user

Best trading platform (and they pay my salary)

Service use: Live Length of use: 0-3 Months
I am trading in this company for 2months the withdrawal and the trading signals are perfect I invest 100$ in 2months I earned lot
Forex Peace Army
Review moderation team note
5 Star Rating removed.

This is the first of 3 reviews for LoyalEFX that came from the same IP used by a Loyal EFX employee to contact the FPA.  Per FPA policy, the rating on this review has been set to Zero stars.