ForexTradeToday (forextradetoday.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.forextradetoday.com.
I trusted ForexTradeToday (forextradetoday.com) 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: Good analytical tools|Responsive team
Cons: Onboarding videos are outdated
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. ForexTradeToday (forextradetoday.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Regular updates|Wide product range
Cons: No integrated tax optimization
After for over a year with ForexTradeToday (forextradetoday.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Intuitive for beginners|High security standards|Regular platform improvements|Full transparency
Cons: Inactivity fee applies after 12 months
If you are reading this considering ForexTradeToday (forextradetoday.com) - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over for just over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Fast execution|Good analytical tools|Transparent fees|Two-factor authentication
Cons: Alert system is basic|Withdrawal takes 1-2 business days