Numerous fake and suspicious reviews submitted. Direct Fx has told the FPA that most of these were due to an intern requesting that friends leave fake reviews. DirectFX are forex brokers.

Forex Broker Reviews

DirectFX offers the MetaTrader 4 and MT Mobile global forex trading top platforms. In , that firm moved the headquarters to Sydney, Australia, where it currently resides, and aquired an AFSL.

Direct FX offers three trading platforms MT4, Tradable, and CQG FX. The CQG FX platform is exclusively offered at Direct FX. Direct FX offers VPS technology and educational material to complement every traders needs.

Have completed two NZD - AUD and one AUD-NZD trade with these guys in recent years and in every instance I've found their rate better than anyone else, and their communication throughout the process excellent.

Money has always arrived into my account within hours of their confirmation of receipt. I change my review to 3 stars.

They paid after wee after some emails. They would take business days to process the withdrawal. For a regulated broker is too much. The brokerage product is good. Feb 6, - 1 Star I opened an account with DIRECTFX 11 september The 1th february I requested a withdrawal USD. I sent 3 email requesting why my withdrawal is not processed and the funds are still in my MetaTrader account. I had no reply. I chatted with DIRECTFX the 3th february and they told me the withdrawal will be completed in few hours.

I chatted again the 6th february and they told me to call 2 hours later so Mr Darrell will come back. I tried to chat again for speaking with Darrell but the chat is busy and for 1 hour I receive the same message "All agents are currently assisting others.

Your estimated wait time is 0 minutes and 30 seconds. Thank you for your patience. Issue escalated to Traders Court Case 4evermaat vs DirectFx. Where do I begin? There were tickets that were not responded to likely ignored for days or weeks at a time.

Withdraw request that either were not responded to ignored. I made them aware via live chat and email, which was a bit more responsive; not sure what they did about it. The attitude was very nonchalant. They got a little better with support over time, only after I persisted.

So they are only in Australia on paper. But they expected the client to conform to USA timezone. This is especially confusing if you trade by the chart or otherwise want to keep track of trades from the chart. When you enter a trade, there is instant slippage of 0. I brought this to the attention of support team and they first claimed that it was mt4's fault. Then they said some clients preferred it that way. But when I pressed further, they could not show how this would benefit the trader or any trader for that matter.

Mt4 allows a lot of things, but the broker chooses to use it. They would take business days to process the withdrawal, and only after I got some industry contacts involved to 'convince' the staff to process it.

They stalled with every trick imaginable, and I often wondered if they were just waiting for another deposit to arrive first before paying my withdrawal. So I made the 2nd withdrawal my second and FINAL one. They were only connected to DirectFx brokerage at the time although now I think STO is also connected. That was actually the ONLY reason why I even gave this joker I wonder how many other traders were convinced that depositing with this bucket shop would actually lead them to successful career?

I don't know TopTradr's involvement, but placing distance between yourself and NotDirectFx would likely be a good thing. It wasn't worth losing the deposit. I encourage anyone who has waited longer than 24 business hours to receive withdrawal to simply submit a complaint with ASIC directly. ESMA already forcing EU brokers to process withdrawals same business day, which is already industry standard 24 business hours max.

There is a lot more drama with this broker that I will include in the scam report. I think DirectFX is a SCAM. As soon as my account started to grow they disabled the auto trading all together. So they want you to always lose. They do whatever they can from manipulating the trades and deactivating the platform not to allow you to win I have been trying their binary account for about 2 months.

If you start winning, they do everything, everything, everything to make you lose. They easily makes your EA disabled. They are not afraid of any regulation, There is a person sitting there , manipulating the trades. If a winning trade is finished, you see that it is still open and active. When you are in lose, your trade will be closed much sooner than the expiration time. I live in Sydney, they are located in Sydney.

They tought me that, highly ASIC regulated brokers are scammers Like all the other unregulated brokers. They can not tolerate you win at all. Terrible broker with absolutely devastating customer service. They are very nice when you have to deposit money. I have been trying to take money out for 2 weeks and have been unsuccessful. The support team wont even reply back to my messages. Avoid this brojer at all cost just trust me on this!!!!!!.

I think this company is underrated. Have deposited 10 k at the first time and trading worked good. I am a position trader and do not scalp. Withdrawal worked very fast in 5 hours I had my money back in my ewallet. They are ASIC regulated and I like their offer to deposit per Neteller free of charge.

Service via chat is exzellent, too.

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I have redeposited and will continue to trade with them. Deleted profitable news trades for a whole month! Unbiased Forex Broker Experts. Review and Ratings Forex Brokers DirectFX. The FPA recommends caution dealing with DirectFx until this issue is resolved. The FPA advises caution dealing with this company. Court cases File a case Open 0 Resolved 0 Not guilty 0 Guilty 1 Case ID Filed Case name Verdict Case 4evermaat vs DirectFx.

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