Forex Brokers

Arrowteks (arrowteks.com)

1.5 (12 reviews)
🇦🇺 Australia
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1.5
12 reviews
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About Arrowteks (arrowteks.com)

Arrowteks (arrowteks.com) has been flagged by ASIC (Australia) for "Unlicensed". Search IC001 for other entities related to this alert.

Phones: +61291362319 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: arrowteks.com.

Customer Reviews

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An absolutely appalling service

K
Kimberly E.
2 months ago

I am in a dispute with Arrowteks (arrowteks.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Tax reports included|Fast execution

Cons: No fractional shares|Limited ETF selection

Arbitration clause traps you

M
Melody J.
2 months ago

After for about eight months with Arrowteks (arrowteks.com), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Regular updates|API access

Cons: Withdrawal takes 1-2 business days|Live chat only during business hours

Impossible to get real help

W
William N.
3 months ago

I have been trying to close my account with Arrowteks (arrowteks.com) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Helpful community forum|Multi-device support

Cons: Currency conversion fee exists|Wish they had more educational resources

Requote on winning trades only

R
Ruby K.
6 months ago

The onboarding at Arrowteks (arrowteks.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Helpful community forum|Stable platform

Cons: Limited social trading features

A total embarrassment of a platform

Z
Zoe I.
7 months ago

I referred a friend to Arrowteks (arrowteks.com) after comparing multiple platforms. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Responsive team|Stable platform

Cons: None so far|No live chat on mobile

Disappointing experience overall

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Nathan J.
8 months ago

I had a dispute with Arrowteks (arrowteks.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Educational resources|Comprehensive tools|Segregated accounts|Easy to use platform

Cons: Inactivity fee applies after 12 months

Platform down more than it is up

N
Nicole C.
8 months ago

The only good thing about Arrowteks (arrowteks.com) is that they remind you why regulation matters. I found them through a forum discussion. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: Social trading features|Full transparency

Cons: None so far

No sub-accounts

H
Helen S.
9 months ago

I wanted to transfer my portfolio from another broker to Arrowteks (arrowteks.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Quick verification|Automated trading options|Real-time alerts

Cons: Charting tools need more indicators|Could offer more webinars

A disaster from day one

L
Lindsey V.
10 months ago

The platform at Arrowteks (arrowteks.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since I retired last year of dealing with this, I have had enough.

Pros: Multi-currency support|Demo account available|Fast support response|Transparent fees

Cons: No fractional shares

No risk warnings whatsoever

W
Wesley Z.
11 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Arrowteks (arrowteks.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Fast execution|Stable platform

Cons: Website design could be more modern|Research section could be deeper