From company website "Founded in 2006 by a team of experienced traders, ForexCT delivers everything you need to trade with confidence. Our 100% secure and reliable platform guarantees tight spreads, zero slippage, and 24/7 market access from everywhere in the world."
The reliable platform claim is false - The platform is slow and intermittently does not allow trades and no reason given for this during market trading. 24/7 Market access is false - trading over weekend is not available and not made clear for cryptocurrency. Phone support after 9-5pm is non existent and investors left with no information on what to do with platform errors and trade issues which are not explained properly by the platfform.
"Our mission is to provide Forex and CFD traders around the world with their top online trading platform of choice. We are dedicated to delivering the highest level of customer service that surpasses our competition.
ForexCT is fully compliant with all financial regulations and is committed to leading the industry in transparency, accountability, and business ethics."
This is just false. The customer support after 9-5pm involves an answering machine. Online support requests are useless and will not provide any assistance to a trader needing advice or other support to protect funds. Margin calls are made shortly after an online warning giving no time to deposit funds and no phone contact is offered. The accounts reporting system to verify transactions is almost unable to be viewed completely online and will not print out. Request for reports of trades i sent to this company were never provided in full. There were trades still active that were closed which were set to cover adverse market moves and were prevented from activating. My requests for disclosure and specific demands as to why my account was locked without reason were never provided.
The inintial interview with a manager of this company involved ascertaining suitability as an investor to trade CFD's . This i later discover was profiling exercise to assess the individuals worth for the company to involve and defraud. The frst contact also involved a suggestion to allow a remote connect install between parties to set the trading account up and get things running. I later found this to be of no reason and a method used to install malware which interfered with the trading platform. Continual dropouts during market moves caused havoc and losses with my trading. Verbal promises were made regarding margin call prevention without phone contact first were denied by the introduction manager i spoke with.
Expectation that the platform for trading Cryptocurrency BTC would be 7days a week was later found incorrect. No mention made of this during over two hours discussion. The product sheet also does not show days for trading just this "
Much of the statements made by this organisation are found later in fine print on the website to be untrue or have clauses which take every ight away from the investor and no liability accepted by this organisation. The accoubt manager does not help with demands for reporting and does not return requests as agreed to an investor in financial ruin. Basically the system has many burdles which disadvantage the trader to the extent they will lose money for various unforseen reasons and unplanned issues. The fault of this falls upon the company and ots products. The reponse after financial disaster is to place balme on the trader and accuse them of wreckless investment ability or no undertanding of how to trade correctly/
I also believe there is a sinister aspect involving online hacking or intereference involved that is difficult to prove as it originates offshore and does not involve directly these operators but is engaged by them to disadvantage financial traders causing loss of funds. I have some evidence to demonstrate such.
There are many many people leaving very disatisfied comments and reporing poor behaviour and misconduct by this group in webchats and independent review websites. Most probably are unaware the extent to which they are disadvantaged and interfered with during trading with this company. They will not support an investor, do not disclose infomation regarding trading problems and ignore demands made. Once the money is taken without notice, attempts to get more are made by offering rebates or 5 to 1 match with money deals that all have long contracts attached and are full of traps to snare the rest from the already suffering trader.
If i had the funds left i would take civil action against this Israli owned operation posing as an Australian company but no longer am able/
I have proof that meets admissability standards in Australian Courts to proceed with action anf will be doing so via the Financial Ombudsman based in my country,
This is a sophisticated team using a well oiled plan anf prcatice. They hide behind promises and claims which are untrue and offer zero investor protection. They should be shut down and investigated proper;y before more victims are made of trusting people believing this company FOREXCT is ethical and trustworthy which I can very much assure you they ARE NOT.
ForexCT Reviews
From company website "Founded in 2006 by a team of experienced traders, ForexCT delivers everything you need to trade with confidence. Our 100% secure and reliable platform guarantees tight spreads, zero slippage, and 24/7 market access from everywhere in the world."
The reliable platform claim is false - The platform is slow and intermittently does not allow trades and no reason given for this during market trading. 24/7 Market access is false - trading over weekend is not available and not made clear for cryptocurrency. Phone support after 9-5pm is non existent and investors left with no information on what to do with platform errors and trade issues which are not explained properly by the platfform.
"Our mission is to provide Forex and CFD traders around the world with their top online trading platform of choice. We are dedicated to delivering the highest level of customer service that surpasses our competition.
ForexCT is fully compliant with all financial regulations and is committed to leading the industry in transparency, accountability, and business ethics."
This is just false. The customer support after 9-5pm involves an answering machine. Online support requests are useless and will not provide any assistance to a trader needing advice or other support to protect funds. Margin calls are made shortly after an online warning giving no time to deposit funds and no phone contact is offered. The accounts reporting system to verify transactions is almost unable to be viewed completely online and will not print out. Request for reports of trades i sent to this company were never provided in full. There were trades still active that were closed which were set to cover adverse market moves and were prevented from activating. My requests for disclosure and specific demands as to why my account was locked without reason were never provided.
The inintial interview with a manager of this company involved ascertaining suitability as an investor to trade CFD's . This i later discover was profiling exercise to assess the individuals worth for the company to involve and defraud. The frst contact also involved a suggestion to allow a remote connect install between parties to set the trading account up and get things running. I later found this to be of no reason and a method used to install malware which interfered with the trading platform. Continual dropouts during market moves caused havoc and losses with my trading. Verbal promises were made regarding margin call prevention without phone contact first were denied by the introduction manager i spoke with.
Expectation that the platform for trading Cryptocurrency BTC would be 7days a week was later found incorrect. No mention made of this during over two hours discussion. The product sheet also does not show days for trading just this "
BTCUSDr CRYPO CURRENCY 5.00 1:01 -2 -2 23:00 22:00
Much of the statements made by this organisation are found later in fine print on the website to be untrue or have clauses which take every ight away from the investor and no liability accepted by this organisation. The accoubt manager does not help with demands for reporting and does not return requests as agreed to an investor in financial ruin. Basically the system has many burdles which disadvantage the trader to the extent they will lose money for various unforseen reasons and unplanned issues. The fault of this falls upon the company and ots products. The reponse after financial disaster is to place balme on the trader and accuse them of wreckless investment ability or no undertanding of how to trade correctly/
I also believe there is a sinister aspect involving online hacking or intereference involved that is difficult to prove as it originates offshore and does not involve directly these operators but is engaged by them to disadvantage financial traders causing loss of funds. I have some evidence to demonstrate such.
There are many many people leaving very disatisfied comments and reporing poor behaviour and misconduct by this group in webchats and independent review websites. Most probably are unaware the extent to which they are disadvantaged and interfered with during trading with this company. They will not support an investor, do not disclose infomation regarding trading problems and ignore demands made. Once the money is taken without notice, attempts to get more are made by offering rebates or 5 to 1 match with money deals that all have long contracts attached and are full of traps to snare the rest from the already suffering trader.
If i had the funds left i would take civil action against this Israli owned operation posing as an Australian company but no longer am able/
I have proof that meets admissability standards in Australian Courts to proceed with action anf will be doing so via the Financial Ombudsman based in my country,
This is a sophisticated team using a well oiled plan anf prcatice. They hide behind promises and claims which are untrue and offer zero investor protection. They should be shut down and investigated proper;y before more victims are made of trusting people believing this company FOREXCT is ethical and trustworthy which I can very much assure you they ARE NOT.