ForexVox Review

4.63 • 6 REVIEWS
Valutrades Limited
Updated: Jul 22, 2023
ForexVox.com
ForexVox is a forex broker. Forex Vox offers the MT4, MT4 WebTrader and Mobile forex trading top platform. ForexVox.com offers over 65 forex currency pairs, commodities, oil, indices, gold and silver for your personal investment and trading options. Please read ForexVox Reviews below and share your live trading experiences with this broker.
Related sites include ValuTrades.com, ForexVox.io.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $1
Established: 2019
Address: 51 Eastcheap, London , EC3M 1JP, United Kingdom
Contact: support@forexvox.com
Regional offices:
Regulators: FCA #586541
Prohibited countries:
Trading platforms: MT4, FIX API
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (70+)
Cryptocurrencies:
CFD: (25+) Gold, Silver, Stock Indexes, Oil, Other Commodities

Trading Conditions

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

Managed Accounts & Social Trading

MAM: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alipay, American Express, AstroPay, Diners Club, Giropay, iDEAL, JCB, Klarna, Local Bank Transfers, Maestro, Neteller, PayPal, PaySafe Card, Poli, Przelewy24, Rapid Transfer, Skrill, SticPay, Trustly
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), Alipay, Local Bank Transfers, Neteller, PayPal, Skrill, SticPay, Trustly
* Please check broker website for more information
4.63 • 6 REVIEWS

Recent User Reviews of ForexVox

K
Kien
Hanoi, Viet Nam,
Aug 31, 2022,
Guest

Beware of this broker

Service use: Demo Length of use: 0-3 Months
I open a live standard and a demo ecn account with this broker. They never mention cryptos in their advertise but they do allow you to trade it. The asset require a staggering 50% magin rate to trade and the spread was so huge to the point of untradeable, not to mention the xrp/usd pair got short order disabled.
The indexs spread was huge as well, 3 digit spread and the funny thing is the spread on ecn account was even wider than on standard account.
So your leftover choices are currencies and commodities as their spread was quite nomal. Even then thing happened. As I was trading on their demo account, I'm profiting with a few winning trade and suddenly a lost trade caught my attention. The short order on gbp/usd was supposed to be a win trade closed at stop lost, further inpsecting reveal that they have widen the spread significantly to revert my trade.
1 trader has found this review helpful
K
Reply by ForexVox submitted Sep 26, 2022:
Dear Kien,
Thank you for sharing your experience with us. 
Could you please provide us with more details so that we could investigate the situation? Please let us know your trading account number and the trade number. 
Regarding crypto - everything is on full access, except for litecoin - it is on long only. As for your comment on our indices. We quote our indices to 2 decimal places, as opposed to 1, hence why the spreads look wider, however, they are not. 
If you provide us with more details, we will be able to investigate the case further. 

Alice,
Customer Satisfaction Manager 
I
itstradingtime
London, United Kingdom,
May 12, 2022,
Registered user

A broker you can trust!

Service use: Live Length of use: over 1 Year
I'm a full time trader and I have had an account with many brokers out there. ForexVox is one of the few brokers (if not the only one), that really gives a **** about their clients :)
Customer service is great and you don't have to wait days or weeks to get an answer. Issues are dealt with the same day!
Spread are standard, while commissions are lower than what other brokers usually offers. One of their goals is to see the percentage of traders losing money below 50%. For this reason, they are also investing a lot in education and you can find useful material on their website, to guide you through all the steps of trading.
From a technical point of view, MT4 is the platform they use and execution of the trades is very fast. Slippages happen rarely, but not large ones, as ForexVox has a pool of solid liquidity providers on their side.
I've been tradin with ForexVox for over a year and, overall, I'm very satisfied so far.
H
hftislive
Italy, Italy,
Sep 15, 2021,
Registered user

best broker ever

Service use: Live Length of use: 3-6 Months
execution good, slippage good, service good, fast withdrawals. nothing else needed from the only one broker that give to retail traders what is asked by professional traders. very thanks
H
Higgins.
West Counrty, United Kingdom,
Sep 8, 2021,
Guest

I can only speak highly of ForexVox.

Service use: Live Length of use: over 1 Year
I recommend other traders to spend time looking into this operation. I have recieved much assistance in setting up my account, which is frankly not always the easiest of tasks to complete. From the start from my introduction to ForexVox, which came from another established trader, I have been very happy and comfortable with the honest and down to earth advice and guidance I have received. It is very comforting in this volatile area of business, to have a good broker who is prepared to guide clients and ensure that they are set up correctly, and are able to operate in a cost effective environment.
G
GIOCO980
VERONA, Italy,
Aug 25, 2021,
Registered user

Amazing people and amazing service

Service use: Live Length of use: 6-12 Months
I got known with FOREXVOX almost a year ago through a common friend and since then I only had positive experiences since the team at FOREXVOX is very very professional, genuine, solutions oriented and, best of all, very friendly and kind. I trade a MAM account and I never got a problem with anything.The dialogue is very good, open and honest (which I think it's quite rare for a brokerage service) and the team is always there to support me with all I need to get the best out of my job. I really enjoy to share my trading journey with them.
TOP.
J
jamlewis
Midlands, United Kingdom,
Aug 6, 2021,
Registered user

Refreshing change

Service use: Live Length of use: over 1 Year
I moved over to ForexVox over a year ago now as a full time trader. I can say that I find the spreads great with back up and help second to none. The fact you can interact with other professional traders on their platform is a massive benefit that I’m sure any type of trader would find helpful. I have been with a few companies before and I must admit I find these guys a refreshing change would definitely recommend them.

James Lewis