FXRoad

First, the broker operates under a license, FXROAD is regulated by the FSA, which is the regulatory authority of the Seychelles, where the company is registered. Second, it offers a full range of necessary services: a demo version, pending orders, various types of accounts with more favorable conditions if you open them with a larger deposit amount. The only thing missing is, perhaps, an affiliate program. Thirdly, ideal protection: 100% KYC, bank card verification, segregated accounts 🙂 the company does not keep all the money in one account, there is protection against negative balance, as well as an SSL certificate and reliable encryption. In short, unless the trader messes up themselves, their money cannot be stolen on fxroad.com.

As soon as the market turned in my favor, FXRoad immediately closed all my positions 🙁 I tried to find out why??? However, no one explained anything properly. The customer service is rude and unhelpful.

I would like to note that the Seychelles FSA is only suitable for residents of the Seychelles. There are no standard and reliable trading licenses here from commissions such as CySEC, FCA, or ASIC. Meanwhile, offshore licenses are not legally binding, so you can safely equate Fxroad to an unlicensed broker. And where is the affiliate program? I couldn’t find it either. Therefore, you will not be able to earn extra money with this broker, although earning money from referrals is a very good way for those who have their own blog about trading. In fact, I don’t see any serious advantages here. At least, unless you are interested in a demo account at fxroad.com.

Over the course of a year, the broker has proven itself to be a reliable partner, but last night all the money in my account was wiped out, $324… I am contacting Fxroad employees because this is not a market situation at all, but my numerous letters about resolving this issue have been met with unreasonable refusals. At the same time, the broker contradicts itself from one letter to another… In this regard, I have doubts about the reliability of this broker and I am already convinced of fraud on its part. I strongly recommend that everyone avoid working with fxroad.com.

I have submitted a withdrawal request many times, but to no avail. The manager says that I have to trade several lots, but I don’t think that’s true. In my opinion, they are misleading me and deliberately slowing down the withdrawal of my funds… Since I am new to trading, I think FX Road can easily deceive me.

The company really has no advantages that would make anyone want to trade here and risk their money. I do not recommend opening an account here; you will regret it more than once.

It constantly glitches, especially during periods of volatility. I open a deal, but the platform freezes and I can’t do anything. I lost over $2,300 on this! Customer support is no help at all, just signing off. How can you trade with such poor software? Terrible!