FxSalt.com Review

They are out of business now ! Not much on the site about it, looks as if they were tied in with thos who have gone bust !

i made money with them and withdrew it they are good i give them five star i hope they will keep it up and i think they will

With this Broker since 2010
Till now no problem at all. My last withdrawal last week .
Also I have some disputes for spike and spread and after verification they refunded me .
I do not understand negative comments

Being a customer of FXSalt I received an email on 2012-06-26 in which they ask me to subscribe a fund release request. They assert to apply for a regulation in an European State. Since 2009 they wrote on their website "FXSALT are in the process of seeking regulation in the BVI." They did never obtain the BVI regulation, I wonder how they will achieve it in an EU State.
What makes me also feel insecure: FXSalt does not mention in which EU State they apply for the regulation, they do not say at which Custodian Company the funds are being held and I never got to know a full name of a staff member, except one or two first names.
I really do not know how to react upon this email. I am afraid to lose my money subscribing this release request.

Note: If FXSalt should turn out to be another scam company this would really upset me. Their trading conditions and execution are excellent and I never experienced any attempt of fraud or manipulation. Withdrawals used to arrive within 22 – 48 hours in my bank account.

Has anyone got this email, too? Here it is:
***************************************************************************
Dear Valued Customer

As you may have noticed, there have been lots of changes made to FXSalt as we have grown over the past few years. We are no longer a white label brokerage but are now a fully established broker.

During January, earlier this year, we migrated all of our customers trading accounts, including yours, from our old server to our brand new servers in NY4 (NYC) with redundancy backups in Zurich. We set up deeper liquidity with better execution and newer more reliable servers. We now use PrimeXM as our bridge provider who are the market leaders in bridge technology recommended to us by CITI group.

Now that all the migration has taken place, we have applied for regulation in a European Union State and hold all deposits in European Banks backed with 3rd party client fund insurance policies.

The last phase of the upgrade is to move the remaining funds that are being held at our Custodian Company over to FXSALT LTD. In order to satisfy our future regulators as well as our Custodian Company we require your knowledge stated on the following letter attached.

Please can you sign, scan and email a copy of the attached form. If you return the signed form within 48 hours, we will credit your account with a $50 USD bonus

Thank you for your continued support

Regards

Team FXSALT

Attachment:

FXSALT BROKERAGE HOUSE
Trident Chambers, P.O. Box 146,
Wickhams Cay,
Road Town,
Tortola,
British Virgin Islands
Email: helpme@fxsalt.com

Web: fxsalt

Broker to broker fund release request

Dear Sir or Madam,

I, .............., request that the balance of funds in my trading
account be released to FXSalt LTD with whom I hold my MT4 trading
account number xxxxxxxxx (old MT4 account number xxxxxxx)


Name

Signed ______________________ Date ____________

***************************************************************************
This is what the FSC of the BVI wrote:

Dear Sir,

Reference is made to your email inquiry of June 29, 2012 regarding the regulation of FXSalt Ltd. Please note that FXSalt Ltd., is registered in the British Virgin Islands under Company No. 1619606.

FXSalt Ltd. is not licensed by the BVI FSC to conduct investment business and should not be carrying out any investment business activity without first obtaining a license to do so.

Regards,

Miss. Sharlita K Millington
Regulator of Securities & Investment Business
Investment Business Division

Financial Services Commission
PO Box 418
Pasea Estate,Tortola, VG1110
British Virgin Islands

Website: www.bvifsc.vg

Two months since is my ECN Account FxSalt.
Deleted the Ticket 1825940 ($ 581.86) after 3 days.
Slowly manages complaints.
Past 15 days.
The website: fxsalt.com, fxsalt-ru.com

You can read this on the homepage:

"NO dealing Desk- STP (Straight-thru Processing): Traders know that their trades are direct to the market and are not being manipulated by the forex broker

NO Re-Quotes: Our system sends your trades direct to our pool of liquidity providers. The price you see is the price you get."

THIS IS NOT TRUE!!!

Finalize the order at the time of rolloveron courses that never were. Blame the system. Money was not recovered

Nico,, Germany. Your post indicates you have been waiting since July. Please send your details to accounts@fxsalt.com This cannot be the case. I need to investigate. We have an incredibly fast turnaround. Thank you

i am waiting for my money since july !!!!!.
a lo of emails .nothing happens.

Unprofessional Broker takes 2 days to fund account to MT4. They change leverage from 1:500 as I requsted to 1:100 without confirmation. Slow response of CS. No livechat 24 hrs!

Been with FX Salt with a live account for six months trading EA's. No complaints very professional, last month made a profit of £2700 on a £5000 account. Drew against this and had my money in my bank account within 48 hours. However I suspect that last months profit may be exceptional. Time will tell ! But no grumbles.I believe they are based in UK territory and British Financial regulations apply. But please do your due diligence !