FaceBooklForexTrade ltd has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After for about five months with FaceBooklForexTrade ltd, 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: Detailed reporting|Educational resources|Two-factor authentication
Cons: No crypto staking|Account statements could be more detailed
I had a dispute with FaceBooklForexTrade ltd 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: Transparent fees|Fast execution
Cons: Minimum deposit could be lower|Limited ETF selection
I lost a significant amount because FaceBooklForexTrade ltd did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Responsive team|Easy to use platform
Cons: Limited cryptocurrency options