The brand is registered in St. Vincent and the Grenadines. Meanwhile, the platform is managed and owned by Trust Company Complex, which claims to be registered in the UK. It’s worth noting that the website lists 7 financial regulators for the firm, which has supposedly been operating for over 40 years and offers traders more than 71 thousand instruments.
Have you ever had access to so many assets? We were curious to do a review of Forexeze as well and find out if the broker has all the advantages it lists or not.
How to Trade
The company offers customers the WebTrader platform. Meanwhile, Forexeze owners talk about using MT4 and MT5 by other forex brokers in the “Common Questions” section of the website, which may mislead potential clients.
The brokerage firm has developed 6 types of tariffs, which are characterized by the following:
- Minimum deposit of 250/5,000/ 25,000/50,000 USD.
- Leverage size 1:100/1:200/1:300.
- Stop out levels of 50% and 30%.
Traders can use trading services with zero spreads. However, the intermediary does not disclose the size of the commissions.
Additional services are presented in the form of a table with asset quotes from TradingView and several articles in the Education section.
Forexeze Vital Info
The company claims to have been in business since 1977, which makes a good impression on those new to trading. However, the domain was not created until 2024. We would like to ask the platform owners – where have they been for 47 years. Why don’t they have social media profiles? However, we have no one to ask these questions, since there is no data about the project team.
We couldn’t find this firm on the St. Vincent and the Grenadines registry. In terms of regulation, a long list of licenses also gives clients confidence in the reliability of the intermediary. However, we also did not find any documentary evidence of their existence. In addition, we checked the registration of a legal entity in the UK and found Forexeze Limited, which has a license from the British regulator. According to the register of legal entities, this company has been operating since 2018, has a different domain, and could not have a license in 1998, as stated on the official website of the hero of our review.
This company made a good impression on me at first, but it's a pity that it turned out to be false, because only its creators make money on this site. I lost more than three thousand dollars because of the slow work of the terminal and other problems. Do not even think about trusting these brazen thieves from Forexeze, which even official documents do not save from the status of a typical B-book resource. Managers are interested in making clients leave in the red and drain more money from their accounts, and the favorable trading conditions described by the company have nothing to do with the real aspects of its work at all. I have never seen such a disgusting service like this broker before, so I advise you to stay away from Forexeze and don't even think about registering an account and making a deposit, because you will quickly drain all your money thanks to the successful manipulations of employees on this terminal.
I was first able to really earn and gain experience in practice and in theory only on this platform. Although I initially lost up to 70 dollars a day, but now everything has improved, after unprofitable trading for 2-3 weeks, I was able to then come to a profit of up to 30% per month and remain with a good deposit.
The personal manager, who very convincingly told me about all the advantages and opportunities of the brokerage company, persuaded me to deposit $25,000 into the account. In the end, I did not get any special benefits and profits, but only lost more than 10% of my balance in the first month. Commissions are high on forexeze.com, and I don't understand what I pay for, the service is shabby, there's no special protection of your funds or convenience. Despite the huge commission, the administration of forexeze does not invest in business development and updating the program: there are candles all the time, orders are executed not instantly, but within a couple of seconds, when even for 1 second the price can jump so high that on large volumes a huge damage will be done to your wallet.
I did not like categorically the conditions of execution of trades, as well as the attitude of technical support to traders. Everything is set up very complicated and incomprehensible on this site, and there is no stability on the technical side, so even professionals will lose money here, not just gullible beginners.
As one famous person said: "For people to willingly believe in a lie, it must be primitive". Forexeze does exactly that - it can be called a scammer with the cover of an official company and a cunning thief, but not very smart. The scammers invented a legend with a lot of licenses, made a link to the FCA, and they didn't even guess to indicate the same terms of work with the real forexeze brand :) So don't even think about transferring money to this fraudulent site, because all your funds will definitely be stolen from you.
I believed in the generous promises of this broker a couple of months ago, but as a result I only got a loss of three hundred dollars on my balance and ruined my nerves. Working conditions on FOREXEZE are the most disgusting, and technical support has proved itself from the worst side, so I do not recommend you to get in touch with this site. Yes, the company has licenses and has been working for a very long time, but this has not become an indicator of honesty and transparency of the activities of this intermediary, so it is very dangerous to get in touch with it.
I have been trading not so long on this platform, but so far I like everything, in general it is a positive experience. A huge selection of futures, convenient and functional interface of the platform attracted my attention in the first place, technical support promptly and competently responds to requests, I had to ask for help several times. Fast withdrawal and deposit of funds is available on Forexeze, there were a few cases of delays, but the administrators solved everything in 2 working days. Minuses are also there - I would like to mention too long verification, the security service should fix this situation.
I never thought that I would write a negative review about a brokerage company that has such a huge period of work, but I have to do it. The broker’s appetite is insatiable, the spread size is some kind of cosmic, and the delay in execution of trades on forexeze.com is a habitual thing. The obvious fact is that the brokerage company is not interested in the profitability of transactions of its clients, because it won't allow managers to fill their pockets with maximum amounts, so I quickly lost 720 euros with their help and I don't advise you to do business with this trading intermediary. Forexeze, which has an experience of more than 40 years, hasn't been able to offer its clients really favorable and promising working conditions for such a long period, so I don't recommend you to get in touch with this bad company.