Forex Brokers

Trade Engine FX (tradeenginefx.com)

1.4 (11 reviews)
🇦🇺 Australia
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1.4
11 reviews
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About Trade Engine FX (tradeenginefx.com)

Trade Engine FX (tradeenginefx.com) has been flagged by Australian Securities and Investments 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.

Customer Reviews

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Duplicate charges on my card

J
Jasmine J.
3 weeks ago

I referred a friend to Trade Engine FX (tradeenginefx.com) through a podcast recommendation. 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: Transparent fees|Multiple order types|Automated trading options

Cons: No fractional shares|Search feature is basic

They deleted my negative review

O
Oliver F.
1 months ago

The spread at Trade Engine FX (tradeenginefx.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a podcast recommendation and initially thought the platform was good - until I started trading seriously.

Pros: Clear documentation|Stable platform

Cons: Minimum deposit could be lower|Research section could be deeper

Swap rates are predatory

H
Harry K.
2 months ago

Trade Engine FX (tradeenginefx.com) 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: Easy to use platform|Personal attention

Cons: Minimum deposit could be lower

Account closure takes 30 days

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Lindsey N.
3 months ago

After for just over a year with Trade Engine FX (tradeenginefx.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Transparent fees|Reliable uptime

Cons: Live chat only during business hours|Desktop app not available on Linux

Do not waste your money here

T
Teresa V.
4 months ago

I experienced a security concern with my Trade Engine FX (tradeenginefx.com) 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: API access|Low minimum deposit

Cons: No live chat on mobile

Lost my investment - DO NOT TRUST

P
Peter G.
4 months ago

I was contacted by Trade Engine FX (tradeenginefx.com) 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: Cannot withdraw funds|Not regulated|Pressure tactics

System failures and silence from support

J
Jake R.
5 months ago

Opened my account with Trade Engine FX (tradeenginefx.com) after a friend recommended them 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: Dividend tracking|Segregated accounts|Responsive team|Demo account available

Cons: Live chat only during business hours|No crypto staking

Not even close to acceptable

R
Ryan R.
6 months ago

I closed a profitable position at Trade Engine FX (tradeenginefx.com) 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: Demo account available|Fast deposits

Cons: No integrated tax optimization

Something doesn't add up here

D
Diana N.
7 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Trade Engine FX (tradeenginefx.com) 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.

Pros: Website looks legitimate on the surface

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Refund request ignored for months

M
Miles G.
7 months ago

Trade Engine FX (tradeenginefx.com) locked my account without warning and demanded documents I had already submitted. since last summer later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Full transparency|Smooth onboarding|Automated trading options

Cons: Limited ETF selection