ForexCT

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

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.

I withdraw my money and and close the account but there is nothing to fill for your account for the money to go back in I phoned forexct and the person that answered the phone said they will email for the form to be filled in 48 to 72 hours ..its over a week now haven't heard or received anything from forexct..very rip off ..and scammers..not happy with their service.. I want my money back.

Account manager always will push you to deposit money and will give you offer 100% bonus credit which you will never get or claim that bonus as per terms you have to do business some million to claim that. If you deposit you will never get beck your money. Account manger will guide you to loose all your deposit.

I started with these guys think i would make a few hundred a week after investing $5000 well I am $2600 down, I have been shuffled from one account manager to the next, each asking for time to make it better. Worse still as I was shuffled the next account manager did not know what the last had done, nor, would they comment or advise how to get your money back.

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

I would advise any one to use this platform interested in your funds, I was told to use my credit card I would only be charged on a basic withdraw recharged if a lower interest rate of 13.95 instead I was charged 21.95 as cash with Drawl. There platforms are very in regular And have weak stop loss the fucutations to live price an trade experience is the opportunity of the opposite situations. Authorisation of closer of your account at there request through you have made a transaction with bank receipt of cash deposits closer of account 24 hour before of time frame giving I advise not to use credit card ant any given time, it according to there reference of guide line s are well self centred towards products appear to protect them self not the user experience. I have gained i life lesson to bankruptcy dues the lies an on selling of account managers which I received a notice of gambling. I was block from closing open transactions an account closed with a credit card debt well of the 15.000 mark for a new beginning trader with little support which has let my self to bankruptcy protection to wards your self at all time on this site. I was at stage where I through sudice was a opportunity to help the Pain to recover with little support dues to people saying it w@s preference of being a gambler.

I went to sign in to my Forex account and punched into google Forex CT and saw all these searches saying scam etc. I’ve been a with em for just under 12 months. Never had a drama I’ve learnt a lot. I lost money at the start but no fault of them I made the mistakes I was only new and didn’t know what I was doing but once I got the hang of it I was alright. I’ve had a few account managers all good guys I will admit some better than others but I’m overall profiting. It was only 2 months ago I took some money out to pay for My new lounge setting.

I like em anyhow. Not sure why such bad reviews.

My mate lost 13k couldnt withdraw the money hes reporting them for fraud , stay away they give false promises , wrong data info , going to the melb office to take them down and report to ACCC.

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.

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!

I believe I was co-erced into joining, have never traded but they still have a thousand dollars of my money, I have repeatedly asked for it to be returned scam scam scam.

I know the risks when trading but my broker from forexct was consistent on more money more money bigger account better. Dont use stop loss ride the waves.... bad first experience.

Lost thousands of dollars ($5500) in just one week with these scammers. Please please do not fall into there scams. All they want is deposit deposit and as soon as I made deposits...my account manager put me into a trade that wipe off $5000 in just few minutes. Next day i called his office and was told he was sick...next call...was told he resigned. I got a new manager and few days after, the rest of the money is gone. I will keep in touch Soon FOREX CT.

I am a new trader with forexct, have been with them only 4 weeks and have found the staff, and account manager to be nothing short of professional. They contact me everyday with up to date relative information so I can put up a trade, which to date has been 25 for, and 4 against, pretty good I would think. I have already sent two new traders their way and believe they will have the same success. I could not be more satisfied.

Do not deposit and money, the odds are against You, if it was that easy to make money then everybody would be doing it, try the demo account and you will see that it's not easy to make money, they will ring you every day and say things like "You need to put more money in to be a successful trader, but the truth is if you can't make any money with a small amount of money then you certainly won't make money with a big amount of money, the positive 5 star reviews here are probably written by the company managers

I have only been trading a week. They said if I put in $40000 they would put in 8000 and they did. I made about $80000. It goes up and down so at times it has been $100000. Any loses have been my fault, such as forgetting to put stop losses on and going against my own intuition and getting too greedy. They also have given me rebates of about $20000 but I have not drawn on that yet. Only gripe I have is that I try to withdraw money and it does not happen. I ask and my contact says it will go back into my credit card. Another who I asked said I have to tell the accounts department my bank account number. Their system seems designed to make withdrawing funds difficult and even depositing is difficult as it asks for margins but then will not accept the deposit. It would be much easier if you could put in your account number and withdraw at leisure like a bank account which as they are a registered financial institution, should be easy. I am trying to compare costs and keep an IG platform open at the same time. I see that Forex take quite a large fee on each trade so it's obvious they make money whether you win or lose and that is why they give you money. This is quite obvious if you watch when you place a trade as you never get the price you buy or sell at so anyone who calls them thieves has only themselves to blame. It does appear that they are way more expensive than others but I find their platform easy for a beginner. Anyone who can elaborate how to compare would be appreciated. Also my manager does not reply often to my emails with questions about trading, but does only when I mention social issues.
Accepting bonuses or incentives is the real trap because any funds given will taint your funds with all sorts of rules stopping withdrawals. This is not made clear when you are offered incentives but that is probably the reason why many cannot withdraw. They have accepted the incentives which come with strings attached. In the end I lost over $300,000 !!

They start with one account Manager and then push you on to new ones, very easy too loose money it is a shame when you realise that you cant trust them, even there company co is unavailable, so they keep ringing me and even admitted that they had technical issues
i really wanted to trade with an Aussie Broker and I've given these guys a few chances but I'm really not sure any more
I've read the other reviews and to be honest they all have there good points etc.
If you are with this company A. Dont take the bonus B. Do your own research and place trades on your own savey C. I recommend to do a small run with them then i suggest you withdraw your money back to your account, if your money arrives without problems then you can 80% move forward
wi

I have lost nearly $10,000 within 3 weeks of signing up with ForexCT. Here is a summary of their tricks to extract the maximum amount of cash out of unsuspecting members of the public.

1. The self-proclaimed Senior Account Manager is well trained and made me feel good by saying that he's now looking after my account after taking it off the hands off unskilled juniors who initiated the cold calls. He charmed me about the unique opportunities arising from Brexit. He claimed to be based in St Kilda, Victoria to create a sense of legitimacy but would not reveal exactly where.
2. He sweet talked me and matched my deposit with 100% of their money with the bait that this will allow me to place bigger positions. He also provided Protection on first 3 trades so that if you lose any money on the initial Positions or Trades this does not affect your Balance. But this honeymoon period was very short lived.
3. Once they noticed that I could close positions and make money he called to offer me their End of Month Bonus as long as I made another deposit of at least $2000. He kept complimenting me on how smart I was by closing the positions when they were in Profit.
4. I saw my Balance double on the screen (due to the fake match made by ForexCT) and I had $19,000 within 3 weeks. This only misled me into believing that I had made money. It's all part of getting you hooked.
5. I received daily text messages, emails and phone calls pushing me to take Positions, that is follow their recommended currency pair for the day. BUY now or SELL now. What they won't tell you is that they're market makers who trade against you and it was common to see the market do the opposite of what they had predicted earlier in the day. The Account Manager then advised me to close my Positions daily if I want to sleep peacefully. However he advised me to keep losing positions open as they would come good eventually as the market corrects and takes a turn. What he doesn't tell you is that is you have placed some bad trades only you will lose out as ForexCT still pockets the Brokerage Fee and whatever else they're doing behind your back.
6. The Account Manager kept reminding me that he's treating me as a close friend (although I've never met him), how he found out about Forex Trading after questioning his brother who just bought a Ferrari in secret with his Forex success, how his family ran away from a war zone and how he has survived the military. I was waiting for him to also claim that he had been a war hero, SES volunteer or a trusting farmer.
7. The Account Manager worked on my psyche to make me feel that I was missing out on something bigger. What he will say is that you're Class C client as you're only spending $10,000. He will claim that Class B clients spend up to $50,000 and how the luckier Class A clients spend more. He will get you to dream of ways of finding your hard earned cash in order to deposit it in ForexCT account. Class B and A clients receive more attention, more daily phone calls and tips on upcoming hot picks.
8. ForexCT does not provide their physical address. So all I have is their PO Box in St Kilda as they are too scared to face their victims. I have made numerous calls and sent emails to ForexCT but the line is now always busy.
9. Forex CT seems to be located at 636 St Kilda Rd , Melbourne, Victoria 3004 Australia.
Stay CLEAR from this dodgy outfit!!!

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