Trade Fxtm Reviews 2

TrustScore 3 out of 5

2.9

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more


Contact info

2.9

Average

TrustScore 3 out of 5

2 reviews

5-star
4-star
3-star
2-star
1-star

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Unjust Position Closures

Unjust Position Closures – Immediate Action Needed

I have encountered severe issues with FXTM on two separate occasions within the past week. Despite maintaining a sufficient balance in my account, my positions were unfairly closed, leading to significant financial losses.

I am requesting an urgent review of this matter and the immediate restoration of my affected positions. If FXTM fails to address this issue promptly, I will be left with no choice but to pursue legal action.

Additionally, I have been a loyal VIP client of FXTM since March 12, 2020. Unfortunately, my experience has been marked by unethical practices and poor customer support. Below are some key issues I’ve faced with FXTM:
• Slow customer support with delayed responses, making it difficult to resolve issues in a timely manner.
• Unauthorized order closures that led to unnecessary losses.
• Manipulated spreads, which increased unexpectedly for my open positions.
• Unethical review requests, where they asked me to delete my Trustpilot review in exchange for a 30-day bonus credit.
• Bonus scam, where after receiving a bonus, they allowed me to open positions, only to remove the bonus suddenly, causing all positions to close and resulting in further losses.

I have screenshots and videos as proof of these incidents, which occurred twice in less than 10 days. If this is how they treat a VIP client, imagine how they treat regular traders. FXTM’s actions have left me with no confidence in their platform.

I urge FXTM to prioritize fair trading practices, transparency, and the protection of its clients. If these issues are not resolved, I will be forced to explore legal options.

20 March 2025
Unprompted review
Show reviews in all languages. (2 reviews)

Is this your company?

Claim your profile to access Trustpilot’s free business tools and connect with customers.

Get free account

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look