Forex Brokers

Rextura

1.7 (14 reviews)
🇳🇿 New Zealand
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1.7
14 reviews
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About Rextura

Rextura has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

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Customer Reviews

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No risk warnings whatsoever

D
Derek N.
2 months ago

Opened my account with Rextura after seeing their ad online and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Risk management tools|Multi-device support|Customizable dashboard|Fast deposits

Cons: Slow to add new assets|Would like more payment methods

Never again with Rextura

T
Trevor H.
5 months ago

I experienced a security concern with my Rextura account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Real-time alerts|Good analytical tools

Cons: Desktop app not available on Linux

KYC process is a nightmare

C
Courtney Z.
6 months ago

I referred a friend to Rextura from a blog post comparing services. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Intuitive for beginners|Helpful community forum|Multiple order types|Social trading features

Cons: Spreads widen during volatile periods|Mobile app could be improved

More problems than solutions

R
Richard C.
6 months ago

I am in a dispute with Rextura 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: Demo account available|Good analytical tools|Instant funding|Social trading features

Cons: Minor UI glitches occasionally|None so far

They upsell insurance you do not need

M
Mark W.
7 months ago

Rextura advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Helpful community forum|Fast deposits|Reliable uptime|Responsive team

Cons: Onboarding videos are outdated

Trust broken beyond repair

S
Samantha S.
7 months ago

I closed a profitable position at Rextura 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: Risk management tools|No hidden fees|Tax reports included

Cons: No integrated tax optimization

Multi-account management missing

H
Hannah S.
7 months ago

Where do I even begin with Rextura? for about five months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Multi-device support|API access|Customizable dashboard|Great customer service

Cons: No integrated tax optimization|Account statements could be more detailed

Learning experience at my expense

T
Thomas T.
7 months ago

Rextura offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Dividend tracking|Good analytical tools

Cons: Wish they had more educational resources|Desktop app not available on Linux

Did my research - this is suspicious

G
George F.
7 months ago

After seeing ads for Rextura online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Pros: Website looks legitimate on the surface

Cons: Flagged by Financial Markets Authority|Cannot verify credentials

Lost my investment - DO NOT TRUST

L
Lisa L.
9 months ago

I was contacted by Rextura 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: Withdrawal fees demanded|Communication cut off|Not authorized