Silver FX has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Silver FX.. This company is a suspected boiler room, a form of online investment fraud. Silver FX. has approached persons without being asked, to offer them investment proposals. A boiler room ... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://silver-fx.com.
Do not use Silver FX for anything serious. I used them since mid-2025 for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Economic calendar|Segregated accounts|Personal attention
Cons: Charting tools need more indicators|Minimum deposit could be lower
After using Silver FX since the beginning of the year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Multi-currency support|Responsive team
Cons: No crypto staking|Would like more payment methods
Silver FX has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Professional team|Real-time alerts|Smooth onboarding|Comprehensive tools
Cons: Help articles are sometimes vague|No live chat on mobile
Silver FX 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: Dividend tracking|Fast deposits|Helpful community forum|Competitive fees
Cons: Nothing significant
I was contacted by Silver FX 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
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Silver FX has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
I experienced a security concern with my Silver FX 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: Detailed reporting|Great customer service|Market news feed|Intuitive for beginners
Cons: Slow to add new assets|Research section could be deeper
If you are reading this considering Silver FX - run. I wish I had read more negative reviews when my bank disappointed me and I searched for alternatives. I thought the positive ones were real. Maybe some are. My experience over since the beginning of the year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Real-time alerts|Easy to use platform
Cons: Mobile app could be improved|No phone support on weekends