Use of an offshore entity in Belize (BELFX LIMITED) to serve international clients, which offers significantly lower protection than CySEC.
Its fxnet.com domain previously lost approval due to rule breaches. fxnet.com
Spreads are considered higher than the industry average, making it expensive for frequent traders. Use of an offshore entity in Belize (BELFX
Numerous reports of "technical issues" or document re-verification cycles preventing fund access. No Crypto: Does not offer cryptocurrency trading. Critical Red Flags ignored support requests
Some users claim the broker provided "bad suggestions" once trust was gained or removed bonuses without notice.
Predominantly negative. Common complaints on platforms like Forex Peace Army include withheld withdrawals, ignored support requests, and sudden account closures for alleged "violations".