The Forex Scam Brokers Blacklist

Posted on Posted in Forex Reviews

This website uses cookies so that we can provide you with the best user experience possible. This website uses cookies to provide you with the best browsing experience. We have deliberately chosen not to mention the worst three brokers by name – because of the limitations of the analysis mentioned above. The middle three brokers were significantly more often mentioned together with the terms “scam”, “rip-off” or “fraud” than the best brokers. This offshore brokerage has a mediocre reputation as well as higher than average deposit minimums. Finding a reputable list about PRtrend Fees and Spreads local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

scammed by PRtrend

In addition, there is no mention of any other fees charged such as inactivity fees or currency conversion fees. These may be charged when traders deposit in a different currency than that of their live trading account. Forex.ee does not offer Muslim traders the option of an Islamic Account on any of the account types offered. This means that traders must ensure that they close their positions before the end of the trading day to avoid being charged/credited with swaps, depending on their position.

PRtrend Trading Benefits

The broker PRtrend I am thanking because for achieving the success in my Forex business they help me a lot. Many others broker I do work before them but they got scammed.

scammed by PRtrend

The company also deducted amounts from accounts and forfeited all profits for false ‘early fund withdrawal’ requests which were never made by users. Starting with the Demo account, PRtrend gives those who want to have a feel about dealing with the company an opportunity for that. The Demo account allows going on a test drive and using the virtual money in a demo environment. It earns money by spread & a small commissions from every trade made by the traders. PROSCONSHaving Good Regulation & Client’s Fund Safety Feature.Low variety of deposit & withdrawal method.Lower Spread.

Does PRtrend Offer Guaranteed Stop Loss?

If you have traded with PRtrend and believe you have been scammed by them you have a chance to get your money eur back. At Broker Complaint Registry it’s our job to make sure you can fight back and get your money refunded.

scammed by PRtrend

They have plenty of reason and will try to delay when you seek for explanation. Definitely, FBS stands at a quality support level which is always good and necessary thought out all your trading process. FBS gives relevant and fast answers for concerns and questions and was market as a client-oriented one. Of course all platforms feature mobile trading app, so you can stay trading under any circumstances and on the go. You may see below more examples of some spreads and conditions, contract specifications and rollover below as well may compare FBS fees to another broker Exness. While opening an account you may choose between Standard Account and Cent Account, which is a perfect option for the beginners due to its much lower requirements and risks involved.

Does PRtrend Accept Clients From Malaysia?

PRtrend is regulated by British Virgin Islands Financial Services Commission . One of the most important criteria for traders when choosing a broker like PRtrend is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

scammed by PRtrend

By filling the form you have taken the first step to recover your money. My reliable broker is PRtrend and I am glad to them because by the last three years they handle all the problems of Forex business and helping me in making good profit comfortably.

Demo Account

PRtrend MetaTrader 4 is compatible with the latest macOS Mojave. PRtrend allows traders to trade on mobile devices through Android and IOS devices like the iPhone. Once you have logged into your PRtrend account you will see the below trading platform options available to you. Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

scammed by PRtrend

So, if you want such type of account, you can directly contact with PRtrend support. You can deposit and withdrawal your funds through Neteller, Skrill, WebMoney, Visa/Master Card & Bank power trend login Wire Transfer. Among them Neteller & Skrill doesn’t charge any fee for deposit or withdrawal. For WebMoney it need 1% + 0.8% from both ends and for Visa card 1.3% + 0.5 USD from both end.

Results Reputable Fx Broker

In this article, you will learn important information regarding PRtrend that will help you get off to a good start in the world of online trading. If you are interested in trading with PRtrendin any capacity please take the time to read and research the whole PRtrend review. We don’t recommend to trade with them and if you are trading with PRtrend contact them immediately and try to get your fund out. If the PRtrend has done the following, you have probably a victim of PRtrend scam broker.

  • Along with your FX trading, you can also participate in the partnership program of PRtrend.
  • The National Securities Market Commission in Spain issued a warning against the company because it was not licensed.
  • Brokers say they are charging you a 3 pip spread to trade the popular currency pairs.
  • Big Four accounting firm KPMG is the external auditor, and PRtrend provides annual updates about its performance and statistics.
  • Over the past 13 years, per its own account, clients have opened more than 2,200,000 trading accounts.
  • The bonuses come with terms and conditions which ultimately freeze or counterfeit the whole account balance, as a user complained.

Complementing the school are 17 video tutorials and 21 additional articles. The overall educational value provided by PRtrend represents one of the most significant asset this broker offers to clients and sets it above the competition. The core MT4 trading platform presents the best choice with the Autochartist plugin. The PRtrend proprietary trading platform is an attractive choice for manual traders. PRtrend deploys its proprietary trading platform, PRtrend Desktop, PRtrend WebTrader, and PRtrend Mobile, alongside the out-of-the-box MT4 trading platform. Manual traders will find the PRtrend platform an attractive alternative amid its added functionality and clean user-interface.

Traders may be subjected to additional transaction fees by their financial institution. Foreign exchange autotrading PRtrend does not offer spread betting and thus spread betting fees do not apply.

According to a statistic, this broker got 1,18,303 active accounts, 7,017,445 partner payouts, 2,77,573 client rebates, 2,78,932 most profitable trade in 2016. So, in a nutshell the trading profile of PRtrend is strong & trustworthy. power trend login Additionally, this broker also has separate active program for client’s fund protection. on January 27th I started attempting to withdraw my balances to that same credit card account and have been rejected almost every time.

scammed by PRtrend

After all, nobody wants to trade with a FX broker that is a well-known scamming company. We will first show you the most common Forex scams and then present you a list with some of the most reputable Forex brokers. Like most other aspects of PRtrend, the customer support Currencies forex provided is of excellent quality. Customers can reach support representatives 24 hours a day, 7 days a week via email, live chat, support tickets, and telephone. Support is available in 7 different languages with localized telephone support in 5 different countries.

Your customer service experience with PRtrend has to be a positive one for you to effectively trade the financial markets on the PRtrend platform. PRtrend should make sure all of your questions are answered and your PRtrend platform issues solved. When a PRtrend customer has any queries regarding PRtrend the PRtrend customer support team should take these issues seriously and offer a quick and effective solution. PRtrend have a great client support team, which is why we have rated their customer service highly. You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account.