fr.samtradefx.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fr.samtradefx.com.
The only good thing about fr.samtradefx.com is that they remind you why regulation matters. I found them after attending a webinar they hosted. 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: Dedicated account manager|Educational resources|Personal attention
Cons: Inactivity fee applies after 12 months|Search feature is basic
What really bothers me about fr.samtradefx.com is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them while looking for alternatives to my previous provider and I fell for the polished exterior. Never again.
Pros: Stable platform|Economic calendar|Low minimum deposit
Cons: Limited cryptocurrency options|No fractional shares
Do not believe the bonus offer from fr.samtradefx.com. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after doing extensive research and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Economic calendar|Stable platform
Cons: Wait times can be long during peak hours
fr.samtradefx.com locked my account without warning and demanded documents I had already submitted. since early this year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Two-factor authentication|Excellent charting|API access|Detailed reporting
Cons: Wait times can be long during peak hours|Minimum deposit could be lower
fr.samtradefx.com has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Social trading features|Educational resources|Wide product range|Risk management tools
Cons: Slow to add new assets