Forex.ee
Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?
Forex.ee review – company assessment, broker with kitchen signs, fraud algorithm
A financial company that offers users a range of instruments and trading accounts for profitable and promising trading on different markets. However, no data is provided on the page regarding the real reputation of the company. What immediately makes you think about the reliability of the project.
Status |
Broker scammer |
Year of foundation |
2004 |
Affiliate program |
Yes |
Regulation and jurisdiction |
FSA |
Website |
https://forex.ee/ |
Contacts |
+442035198249 NTS Systems Limited, First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines |
- Available minimum deposit - from 10 dollars
- A high-quality mobile application is available to access the trading terminal
- Wide range of trading accounts
- Questionable license and lack of official registration
- Anonymity of the organizers of the financial company
- No data regarding educational platform
- Paid demo account and verification
- Numerous negative reviews about the service on the Internet
Trading Platform |
MetaTrader4 (MT4) Mobile Platform TickTrader (Web, Mobile) |
Types of accounts |
Demo Account STP Account Basic ECN Account Advanced ECN Account Premium ECN Account Crypto Account |
Currency |
USD, EUR, AUD, MBT, BTC |
Deposit/withdrawal |
Credit cards Visa/Mastercard/Maestro Electronic wallets Cryptocurrency Bitcoin, Ethereum, Litecoin International payment systems PayPal, FasaPay, Safe Charge WireTransfer |
Min Deposit |
$10 |
Leverage |
1:50-1:500 |
Min order |
From 0.01 lot |
Spread |
From 0.01 points (floating and fixed) |
Financial instruments |
Currency pairs, cryptocurrency, indices, commodities, precious metals, shares of large international companies, energy |
Order execution |
ECN Market, STP Market |
Bonus |
Welcome bonuses Cashback system |
Overview of Forex.ee or what is known about the organization
Unfortunately, there is no official website direct information about the launch date of the project, its founders, the mission and goals of the Forex.ee company. However, based on the available metadata and material on the site, it can be concluded that Forex.ee is an ECN broker providing online trading services in the Forex market. The company focuses on ECN technology, which implies direct access to interbank liquidity without the participation of intermediaries, thereby providing more transparent trading conditions for its clients.
From the information provided it also follows that the company offers various trading conditions and platforms, as well as promotions and bonuses for its clients. The importance of compliance with the AML (anti-money laundering) policy and privacy policy is noted.
To obtain more detailed information about the launch date of the project, its founders, the mission and goals of the Forex.ee company, we had to use additional tools. In particular, we checked through the Central Bank of the Russian Federation the presence of a company for a license, of course, the declared project is not on the list.
Terms of cooperation with Forex.ee
Reasons to choose ECN accounts according to company version:
- best prices, spreads and execution. Thanks to advanced price aggregation technology, ForexEE provides access to liquidity from the industry’s largest banks, offering the best prices and real market spreads from 0 pips;
- there is no dealing department. Your orders are matched with opposing orders from other ECN participants, eliminating conflicts of interest between trader and broker;
- All trading styles are allowed. Including scalping, news trading, managed HFT and advisors;
- ECN is affordable. The minimum deposit is $100, the minimum lot size is 0.01, the maximum leverage is up to 1:500.
Trade terms and contract specifications:
- supported currencies USD, EUR, RUB;
- minimum deposit $100;
- maximum balance no restrictions;
- spread floating, from 0 points;
- commission: 3.5 dollars for 1 lot (100,000 US dollars);
- quote format: 0.12345;
- minimum transaction size: 0.01 lot;
- leverage up to 1:500;
- requirement of additional collateral 100%;
- stop out 50%;
- fee for inactive account. Maintenance – $10-$100 per month, re-activation – $50.
These terms provide traders with the flexibility to trade the Forex market using a variety of strategies and approaches, while ensuring transparency and fairness in the execution of trades through the ECN. The problem is that the broker provides services illegally. This means that no one regulates the terms of cooperation stated above.
Partner of Forex.ee
False Project offers a multi-level affiliate program that is tailored to the needs of partners and clients. This provides an opportunity to start your own business and make a profit by attracting new clients without risk.
The company offers highly competitive trading conditions and qualified customer support, creating ideal conditions for the development of your business. Forex.ee has been operating since 2004, providing the best trading conditions and modern trading technologies. What the reward will be depends on the number of attracted clients and their total trading volume. The more clients and their trading volume, the higher your earnings. Affiliates receive a commission from transactions of each attracted client. All details can be found by contacting technical support.
If you fall for the robot’s promises, we know how get your money back no overpayments. There is a chargeback. This is exactly what will allow us to restore justice without any problems.
Reviews about Forex.ee
There are really serious problems with the comments. Moreover, a small number of reviews is an indication that the service has not been operating for as long as it claims.
Most of the clients were faced with the fact that the broker threw away the deposit. The managers did not deliver anything they promised.
In addition, personal data of users is leaked to other scams and microloans. As a result, traders are faced with constant phone calls from microloans and other scams.
The best solution would be not to contact the office, as this will only bring you closer to losses.
Conclusion on the Forex.ee project
Below you can see the signs of divorce discovered during the service analysis process:
- nnon-adjustable kitchen. It is alleged that, despite claims about the status of an STP/ECN broker, Forex.ee is an unregulated “kitchen”. But we did not find confirmation of the issuance of a license from the Central Bank of the Russian Federation;
- the forexee.com website was registered only in 2013, although the company claims to have been operating since 1998;
- for a broker that claims to be a leader in the field of ECN trading, there are suspiciously few reviews on the Internet;
- lack of liquidity and slow performance. Possible problems with liquidity and delays in execution are indicated, which increases risks for traders;
- leverage up to 1:500 may indicate that traders’ transactions do not go beyond the broker’s servers;
- hidden conditions for spreads and commissions. Zero spreads and opaque commission terms may hide additional costs for traders;
- liquidity providers are not indicated and there is no information about actual trading conditions.
If we take into account even this minimal list of signs of divorce, then opening an account on Forex.ee will be a fatal mistake.
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FAQ
Customer reviews are one of the main criteria influencing the reputation and position of a broker in the ranking of reliable companies. You can view reviews about Forex.ee on the main page of the advisor’s profile.
You must register on the official Forex Rating website. This procedure is free and will take very little of your time. To confirm your registration, you will receive an email with a link where you will find detailed instructions on how toleave a review aboutadvisor Forex.ee.
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Expert opinion
Forex.ee is a modern and dynamic ECN broker with an impeccable reputation, successfully operating on the market since 2004. The company offers its clients the opportunity to trade Forex through an ECN/DMA platform with tight spreads and low commissions, thereby providing excellent trading conditions. Among the key advantages of Forex.ee are leverage up to 1:500, spreads from 0 pips, minimum deposit from 100 USD and commissions from 1.8 USD, as well as ultra-fast execution of transactions. The company emphasizes its transparency and lack of conflicts of interest by offering traders advanced technologies, including MetaTrader 4 ECN, deep liquidity and slippage protection. A review of Forex.ee showed that we are in reality dealing with classic cuisine.