FXBrew has been flagged by Commodity Futures Trading Commission for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I requested my data from FXBrew 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|Regular updates|Stable platform|Fast execution
Cons: No dark mode on mobile
After using FXBrew for a few weeks now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Demo account available|Dividend tracking|Smooth onboarding
Cons: Inactivity fee applies after 12 months
I wanted to transfer my portfolio from another broker to FXBrew. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Real-time alerts|Quick verification|Demo account available|Fast deposits
Cons: Website design could be more modern
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. FXBrew recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: High security standards|Quick verification
Cons: Could offer more webinars
The platform at FXBrew is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for nearly two years of dealing with this, I have had enough.
Pros: Two-factor authentication|Clean UI|High security standards|Full transparency
Cons: Search feature is basic|Onboarding videos are outdated
Do not believe the bonus offer from FXBrew. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through word of mouth in my investment club and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Good mobile app|Portfolio tracking tools|Instant funding|High security standards
Cons: Help articles are sometimes vague
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that FXBrew 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: Not registered with regulators|Unrealistic promises
I was contacted by FXBrew through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Blocked my account|No legitimate license|Fake returns