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ForexCT

ForexCT

2.0 from 94 reviews · View Statistics

Reviews

  • Transparency
    2.8 (5)
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Wisernow

Wisernow

  • 2 reviews
  • 2 likes

Forexct closing down

published

Looks like it is closing down in a month, according to it's website. If you have trading credit which they used to lure you into investing more money, you can kiss that goodbye.

Transparency
Incentivised ReviewNo

Doesn't deserve a star

published

Lost 8k and they keep ringing and ask me to deposit more money I to their account they provide me with loosing trade after losing trade and then account manager after account manager and all they tell you is to keep putting more money in they even try to advise me to get a 100k credit card to trade with .Stay clear of this company Scam

Transparency
Incentivised ReviewNo
Roz P.

Roz P.Sydney, NSW

Scam calls don’t end

published

I receive their calls every week and I ask them to stop calling me every time. They don’t seem to understand that and keep calling back. There is no unsubscribe button in their emails too. I wish Australia was part of GDPR so that someone could go after them.

Transparency
Incentivised ReviewNo
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Unhappy

UnhappyMetropolitan Adelaide, SA

Horrible

published

I never even signed up to this company but somehow they found my email and phone number and called me stating I had signed up with them when I wasn’t even on any devices at that time.. they call me constantly trying to set me up and ask for money, and when I start to hesitate they are aggressive and pushy. Obviously scammers, have seen nothing but bad reviews too.

Incentivised ReviewNo
Carl Martin

Carl MartinNew South Wales

  • Verified customer

Incredible Investment Experience

published

I recently had phenomenal investing experience at ForexCT I have been coming here to get my money parked in CFD’s from years. I've exchanged different currencies over here and invested in shares also. The exchange rate is always very fair, even than at trusted banks. I always recommend everyone in need to invest in Forex to visit this establishment first. I will be a customer of theirs forever!

Transparency
Incentivised ReviewNo
Sharon

SharonMetropolitan Adelaide, SA

  • 2 reviews
  • 2 likes

Professional and knowledgable

published

I have had a great experience with this company. The Account Manager has phoned me day times, explained the happenings in the world and it's effects on the markets. I have learnt so much. Yes it's my decision to choose to trade or not, but they want me to succeed and have my best interests at heart. I like there inside information and they watch the trades, letting me know when it's a good time to trade. They have been awesome to work with as I'm a young trader.

Transparency
Incentivised ReviewNo
LORRAINE

LORRAINEPerth, WA

Despicable

published

Lost $670,000 in one day, 2/1/2019. The day before there was $1,032,000 in account balance, $360,000 was forexCT credit, which appears to have been withdrawn by them, but I got ZILCH. Is being looked at by ASIC/ AFCA. How many others had a similar experience??

Incentivised ReviewNo

Forxct

published

Hi forxct customers looks like again I have been dumped by my forxct broker I havent heard from him for three weeks now I just dont understand why [Name Removed] dump me from forxct
I had no market update no vip messages no guidance Im very disappointed with the service Im getting I dont recommend forxct havent heard from forxct they always say they are sick leave you would think they would give there vip client an update whats going on Im so disgusted with the service Im getting if anyone is thinking about ForexCT Melbourne I suggest you think long and hard before you sign up with forxct

Regards Leon

The reviewer stated that an incentive was offered for this review

Barry D.

Barry D.Sydney Surrounds, NSW

Above average brokerage company

published

I've been with ForexCT for a few months now. The platform could be a little more straight forward but I really like the account manager service. My one sincerely does have my best interests in mind. I feel like a lot of these negative reviews are due to losses through their own decisions but need someone to blame so they blame their account manager.

At the end of the day if you don't agree with the trade recommendations no one is forcing you to trade.

I will continue using ForexCT for hopefully many years to come. Keep up the good work guys

Incentivised ReviewNo
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Leroi

LeroiAU

  • 14 reviews
  • 24 likes

Say goodbye to all your savings

published
Incentivised ReviewNo
Terry Eron

Terry EronGreater Melbourne (Metropolitan), VIC

Fine for me

published

Was a little hesitant to say to come back to say the least, but got Ad AShakly as my account manager, wasnt pushy very respectful all up made $3000 in a week and have learnt allot. Ive had bad experiences trading before its nice having someone with you who knows their stuff and cares!

Incentivised ReviewNo
Nick

Nick

  • 2 reviews
  • 5 likes

THINK

published

i signed up and lost my money pretty quickly to a low enough level to say it's not for me I'm down but not out and I'll withdraw my balance (no bonuses provided by then). I'm still waiting so gave up it was impossible to withdraw. I tried for months escalating etc etc. Everytime I just got sales calls. I started to ponder how can an Account manager spend days and hours helping me when I only put in $1000 and they only get a small cut. I then pondered if 20 suckers per month only add $1k that they suck away in a heartbeat (some lose tens of thousands) then that's $20k per month per trader! Not bad. I suspect their income is from that and holding people's funds no matter what.

Wormy

WormyTownsville

Despicable

published

Their primary focus is to get as much money through the front door as possible to enhance their performance
targets. When you deposit funds you receive a large bonus which entice you to trade more for their commissions.
To keep these bonuses you have to meet turnover targets which I found only put more pressure on the trader when losing money. They devise trading set ups and ask you to deposit more funds. When I explained that there were no more funds that I could deposit my 'Account Manager' became very aggressive and yes, vindictive. After this he would not ring me with any further advice." Woe the day I signed up".

It has been good for me.

published
Rose Grima

Rose GrimaBallarat

It has been perfect for me

published

I have been with Forex CT since September and have had no problems with them. The Account Manager has been very helpful and very patient with me. And I have been going really well. So my review is very positive.

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Stay Away!!!

published

You can tell from their signup call that this is a scam especially when someone sounds so desperate and is offering you amazing promises.

Try doing it yourself, when someone calls you for signup listen to what they have to say and notice the aggressiveness then in the end when they ask you to signup let them know that you will do some research about them before signing up then notice they will almost be fighting with you. That was enough for me to stay away.

Terrible

published

They are extreme aggressive in making you deposit .
The bigger the deposit . The bigger fool you are ! It's a SCAM !

  • Verified customer

Pure Scam /fraud

published

Don’t waste your money

published

Signed up, they give you a nonsense match on whatever you debit into the account.
The Account manager/advisor will purposely lead you into a investment which will result in you losing your capital unless you deposit more.
They do not help you, very well set up SCAM!
If you want to throw away your hard earnt money then do something good and give it to a charity not to these guys ForexCT .

Ivan

IvanAdelaide

Happy with the support and tips!

published

Being completely new to trading was a little bit nervous getting involved. Definitely happy with the support and the results so far. Highly recommend

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Questions & Answers

Damien S.

Damien S.asked

So who do you go to for help with shady transactions

No answers
Nerie C

Nerie Casked

Can anyone help me i just deal with this company and cant withdraw my money can anyone give me good suggestion and legal action please?

No answers
Leee

Leeeasked

Hi Guys, just only signed up to forexct, omg most of the comment are not good. just wondering can anyone give me an advice with this? this is my first time and have no Idea with everything. would like to learn how to do trading but one of the personnel in this Company rang me and assure everything will be good. :(
Can anyone please give me an advise?

2 answers
kk y.
kk y.

I couldn't get the rest of my money back after losing some of it.....

Wisernow
Wisernow

Try Etoro , you can copy experienced traders and learn that way. You will need to keep depositing with Forexct to save the account from going broke.

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