www.fm-fx.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.fm-fx.com.
I experienced a security concern with my www.fm-fx.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: Professional team|Easy to use platform
Cons: Desktop app not available on Linux
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. www.fm-fx.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Real-time alerts|Multi-device support|Clean UI|Copy trading available
Cons: No fractional shares|Wish they had more educational resources
www.fm-fx.com 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: Tax reports included|Stable platform
Cons: Currency conversion fee exists|Mobile app could be improved
I had a dispute with www.fm-fx.com and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Responsive team|Automated trading options|No hidden fees|Clean UI
Cons: No integrated tax optimization
I signed up with www.fm-fx.com after hearing about them at a conference and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: High security standards|Easy withdrawals|Comprehensive tools
Cons: Live chat only during business hours|No dark mode on mobile
Opened my account with www.fm-fx.com after a family member had a good experience 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: Market news feed|Good mobile app|No hidden fees
Cons: Would like more payment methods
I am in a dispute with www.fm-fx.com 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: Competitive fees|Real-time alerts|Easy withdrawals|Demo account available
Cons: Limited social trading features|Spreads widen during volatile periods
After using www.fm-fx.com since I opened my account last 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: Multiple order types|Fast support response
Cons: Charting tools need more indicators
Do not be fooled by the professional-looking website. Behind the scenes, www.fm-fx.com is disorganized and incompetent. I found them through a podcast recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Segregated accounts|API access|Dedicated account manager|Great customer service
Cons: Slow to add new assets|No phone support on weekends
If you are reading this considering www.fm-fx.com - run. I wish I had read more negative reviews after reading several online reviews. I thought the positive ones were real. Maybe some are. My experience over for over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Transparent fees|Automated trading options|Helpful community forum
Cons: None so far|Minor UI glitches occasionally