Forex Brokers

Rextura

1.7 (14 reviews)
🇳🇿 New Zealand
Visit Website
1.7
14 reviews
5
0
4
0
3
0
2
10
1
4

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.

-

Customer Reviews

Write a Review

No risk warnings whatsoever

D
Derek N.
5 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.
8 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.
9 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.
9 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.
10 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.
10 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.
10 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.
10 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.
11 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.
12 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