fxmarketstrade.com has been flagged by Cyprus Securities and Exchange Commission 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. Website domain: fxmarketstrade.com.
After spending since I opened my account last year trying to make fxmarketstrade.com 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: Good analytical tools|Market news feed
Cons: Account statements could be more detailed|No crypto staking
The reporting at fxmarketstrade.com is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Responsive team|Personal attention|Full transparency|Segregated accounts
Cons: No dark mode on mobile
fxmarketstrade.com 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: Easy withdrawals|API access|Two-factor authentication|No hidden fees
Cons: Cannot customize dashboard fully|Would like more payment methods
The platform at fxmarketstrade.com is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.
Pros: Smooth onboarding|Demo account available|Multi-device support|Full transparency
Cons: Limited demo account features|Wait times can be long during peak hours
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. fxmarketstrade.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Stable platform|Reliable uptime|Demo account available|Educational resources
Cons: Currency conversion fee exists|Could offer more webinars
I closed a profitable position at fxmarketstrade.com and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Instant funding|Great customer service|Clean UI|Good analytical tools
Cons: Currency conversion fee exists|Minor UI glitches occasionally
After seeing ads for fxmarketstrade.com online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Cyprus Securities and Exchange Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Cyprus Securities and Exchange Commission|Cannot verify credentials
My withdrawal request from fxmarketstrade.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Good analytical tools|Good mobile app|Dedicated account manager|Social trading features
Cons: None so far
I was contacted by fxmarketstrade.com 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.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized