Flex Trade 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.
What really bothers me about Flex Trade is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after attending a webinar they hosted and I fell for the polished exterior. Never again.
Pros: Low minimum deposit|Professional team|No hidden fees
Cons: Slow to add new assets
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. Flex Trade said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Clean UI|Good analytical tools|No hidden fees|Risk management tools
Cons: No dark mode on mobile|Spreads widen during volatile periods
I had high hopes for Flex Trade through a forum discussion, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Quick verification|Economic calendar
Cons: Wait times can be long during peak hours|Email notifications too frequent
Flex Trade had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Risk management tools|Market news feed|Transparent fees|Detailed reporting
Cons: Inactivity fee applies after 12 months|Email notifications too frequent