seamanfx.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: seamanfx.com.
Customer support at seamanfx.com seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Great customer service|Quick verification|Regular platform improvements|Intuitive for beginners
Cons: Charting tools need more indicators
I invested $10,000 with seamanfx.com after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Cyprus Securities and Exchange Commission.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
After for nearly two years with seamanfx.com, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Easy to use platform|Personal attention
Cons: Cannot customize dashboard fully
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. seamanfx.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Customizable dashboard|Real-time alerts|Fast support response
Cons: No fractional shares|Email notifications too frequent
The mobile app from seamanfx.com is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Social trading features|Clear documentation|Fast deposits|Great customer service
Cons: Currency conversion fee exists