Cryptocurrency Exchanges

FerixiumTrade

1.5 (8 reviews)
🇬🇧 United Kingdom
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1.5
8 reviews
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About FerixiumTrade

FerixiumTrade has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Money trap disguised as a service

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Amber X.
1 months ago

FerixiumTrade seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Fast execution|Stable platform|Comprehensive tools

Cons: Help articles are sometimes vague|Slow to add new assets

No risk warnings whatsoever

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Luke H.
3 months ago

I trusted FerixiumTrade with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Market news feed|Two-factor authentication|Real-time alerts

Cons: No crypto staking|Spreads widen during volatile periods

No beneficiary designation

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Patrick A.
3 months ago

My card was charged twice by FerixiumTrade on the same day. I had to dispute it with my bank. FerixiumTrade then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Tax reports included|High security standards|Detailed reporting

Cons: Onboarding videos are outdated|Alert system is basic

Warning to all potential customers

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Victoria Z.
6 months ago

Where do I even begin with FerixiumTrade? for close to eighteen months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Dedicated account manager|Real-time alerts|Demo account available|Competitive fees

Cons: Could offer more webinars

Scam vibes from the start

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Mia A.
7 months ago

After spending since the beginning of the year trying to make FerixiumTrade work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: Full transparency|Intuitive for beginners

Cons: Search feature is basic|Email notifications too frequent

Something doesn't add up here

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Amy S.
7 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that FerixiumTrade has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Beware - This company is not legitimate

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Richard B.
9 months ago

I want to warn everyone about FerixiumTrade. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Pros: Professional looking website

Cons: Blocked my account|No legitimate license|Fake returns

The opposite of what they advertise

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Wyatt X.
11 months ago

I requested my data from FerixiumTrade under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Social trading features|Smooth onboarding|API access|Segregated accounts

Cons: Limited ETF selection