FXON

More than once I’ve seen people on forums – and even heard from acquaintances – saying this broker either doesn’t pay out or delays withdrawals. And if a company has that kind of reputation, I’m not going to take the risk 😀 I’m not stupid!

Lately this platform has been really disappointing me: server failures happen way too often, several of my orders simply didn’t close. They just moved into “canceled” status. I started messaging support, but the reply took a long time to arrive, unfortunately. Twice they refunded my money, and now for the third case I’m still waiting for an answer – and this whole situation on fxon.com is getting seriously on my nerves.

I put in a lot of money, but they don’t withdraw anything at all, and they even blocked my personal account and stopped communicating with me.

In Japan, this new broker started operating in May 2025. The maximum leverage is 1:1000, the spreads aren’t too wide, and right now they’re actively pushing promos, offering gifts for a certain number of lots. So far there are no rumors about withdrawal issues, and it really feels like the team behind fxon.com is trying. However, their name recognition is extremely low… The site itself is well structured, so it’s interesting to see how they’re going to develop. Honestly, all foreign brokers look almost identical nowadays and don’t really stand out, so I’d like fxon.com to gain some kind of strong, game‑changing advantage.

So many downsides, but the biggest and most important one you need to know about is that you just can’t withdraw your money… don’t count on it… this forex scam is incredibly good at milking people for cash… I’m completely drained at this point… I email them every single day and get zero reaction… FXON staff don’t even bother to write me a proper reply… $1.6k is stuck… I really believed this was a profitable platform with tons of perks and advantages… basically, I got hooked like a complete fool… in reality, I should never have touched this offshore dump at all… but oh well… this terrible trading experience on fxon.com will be a harsh lesson for me… and for other traders too…

I’d describe Fxon as a bad broker. I noticed that after a streak of decent signals, when you finally relax, fake ones suddenly start popping up. That really hurts the trading results and the account overall 🙁 If you actually count the number of profitable trades, it turns out to be way lower than with other companies.

I dealt with this company, and I wouldn’t wish this brokerage dump even on my worst enemy. The managers at FXON are total amateurs: they promise to call back and never do, and getting through to them is a whole saga on its own. Frankly, the service here is extremely low‑grade and pathetic. Maybe it was because I’m Singaporean and not Japanese? Maybe that really was the case… Online, by the way, there are tons of negative reviews about FXON as well: lots of complaints about withdrawal issues and about the same kind of poor service I experienced. I only deposited $100 and decided not to top up my balance, because all those things I mentioned above really set off my alarm bells. I chose not to take the risk and didn’t put a larger amount into fxon.com. And now I see I made the right call: I just closed my account and moved to another broker.

They don’t have licenses from any reputable regulators. I don’t know how other traders feel about that, but personally this really bothers me. I don’t want to deal with brokers that don’t have a solid license and I don’t want to rely on the Financial Commission, which hasn’t really helped a single trader yet. To me, if Fxon is offering its services on the market, its main goal should be to provide high‑quality, properly licensed services. So people can actually trust them and genuinely rely on them! Otherwise there’s no real benefit from this relationship, only risk, which in most cases is hardly justified. I think it’s absolutely necessary to check a broker for every possible red flag. And Fxon, meanwhile, is giving up its position right from the start.