Oil Folex 8.2 (trader-talks.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: trader-talks.com.
I am in a dispute with Oil Folex 8.2 (trader-talks.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Social trading features|Dividend tracking|Customizable dashboard
Cons: Email notifications too frequent|Account statements could be more detailed
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. Oil Folex 8.2 (trader-talks.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Wide product range|Easy withdrawals
Cons: Mobile app could be improved|Charting tools need more indicators
The platform at Oil Folex 8.2 (trader-talks.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 three months of dealing with this, I have had enough.
Pros: Wide product range|Clear documentation|Multiple order types|Professional team
Cons: Would like more payment methods
If you are reading this considering Oil Folex 8.2 (trader-talks.com) - run. I wish I had read more negative reviews after hearing about them at a conference. I thought the positive ones were real. Maybe some are. My experience over for a couple of months now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Dividend tracking|Market news feed|Fast execution|Personal attention
Cons: No crypto staking
My withdrawal request from Oil Folex 8.2 (trader-talks.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: Clear documentation|Full transparency|Comprehensive tools|Fast deposits
Cons: Charting tools need more indicators
The hidden fees at Oil Folex 8.2 (trader-talks.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Easy to use platform|API access|Dividend tracking
Cons: Minor UI glitches occasionally|No crypto staking
The onboarding at Oil Folex 8.2 (trader-talks.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Two-factor authentication|Automated trading options|Copy trading available|Real-time alerts
Cons: Account statements could be more detailed
Do not be fooled by the professional-looking website. Behind the scenes, Oil Folex 8.2 (trader-talks.com) is disorganized and incompetent. I found them after my brother mentioned them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Economic calendar|Clean UI|Tax reports included|Quick verification
Cons: Minor UI glitches occasionally