EarnForex — Helping Traders Since 2005
What is Forex?
Forex for Dummies
Forex FAQ
Forex Glossary
Forex Articles
Forex Blog
Forum
PayPal
Moneybookers
LiteForex Forex Broker
InstaForex Forex Broker
eToro Forex Platform
FXcast Forex Broker
Forex Resources
<< Back to Forex Brokers List

FXcast — Forex Broker

FXcast:

Company: FXcast
On-line since: 2005
Country of origin: Antigua and Barbuda
Regulation: Unregulated
Payment options: WebMoney, E-Dinar, c-gold, Liberty Reserve, StrictPay, AlertPay, Solidtrustpay, NPS (China), Alipay (China), wire transfer and credit cards
Minimum account size: $10
Minimum lot size: 0.01 lot
Leverage: from 1:25 to 1:400
Spreads: 3 pips on EUR/USD
Rating:
3.7/10 with 128 votes

Rate FXcast Broker:
Categories: MetaTrader Forex brokers
Muslim Forex brokers
WebMoney Forex brokers
Liberty Reserve Forex brokers
e-gold Forex brokers
Opinions: See FXcast reviews.

Advantages:

  • Metatrader 4 Forex broker
  • WebMoney, e-Bullion, E-Dinar, c-gold, Liberty Reserve and wire transfer deposit/withdraw options
  • Leverage from 1:25 to 1:400
  • Muslim friendly Forex broker

Disadvantages:

  • No important disadvantages

Click here to open an account with FXcast


Reviews:

User reviews of FXcast are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


balogun olawale from nigeria02/08/2010

i keep pondering where the error came from or has any one gone through wat i went through. sent a swift wire transfer to my account with fxcast for the past three weeks to no avail. sent all documents to them proofing my transfer still nothing their bank asked for a swift protocol which i sent to fxcast still nothing i feel scamed by fxcast.


FXcast (Antigua) Ltd. from Antigua03/27/2009

Currently FXcast cannot accept US Citizens. If a US citizen has a place of living and bank account outside US or a company outside US he is welcome. In case of a company outside US please apply as Company (with your company data and documents) and then you may enter the owner as US citizen.


S Hamilton from Alaska03/05/2009

I am interested in starting an account with FXCAST but I understand that a U.S. citizen must have an offshore company or address. Is this still accurate?


Fxcast (Antigua) Ltd from Antigua01/13/2009

To and about Oluwadamilola from Lagos, Nigeria

What this Lady is trying to tell us is simply not fact oriented. Without talking about personal details we can say that she has 2 memberships with us (what normally is not necessary as everybody can open many accounts in his membership area) and one was funded with e-Gold. We all know what is going on with e-Gold and until they have not fully recovered their service we cannot pay any amopunt to anyone as all payments are limited. There is no way around, FXcast cannot cover the e-Gold risk.

On second case she is right and she is not right. Her docs have been verified but someone has forgotten to push the 'completed' button. (as we say: shit happens - here are people involved :-) )

A simple email would have helped here, but we did not receive any email from this customer. As soon as she told us this we have verified her as we do it with 100s of docs each day and she placed her withdrawal. The amount was sent to the customer yesterday, the same day as she withdrawed. To our surprise she wrote this statement here after she has received her money.

We see no reason for her claim so far. People often address their emails wrong and we always answer emails within one day.

Regarding the withdrawal point: we have to stress the fact that due to many fraud trials from stolen email boxes and therefore stolen membership data we have to secure our customers against further fraud trials. FXcast had automated withdrawal for e-currencies at the beginning. But this has lead to problems as mentioned above. Therefore FXcast has stopped this practice and delays ALL withdrawals one day until someone has looked on it and checked it for any issue. This time gives customers with stolen access data the time to notify us about their problems and we can stop a withdrawel based on crime.

We definitely have only positive feedback from our customers - because we protect their funds. Instant withdrawal only leads to problems. we ask you to think about this and the advantages instead of claiming. You will not find any message in www about withdrawal problems with FXcast. Vice Versa with our new 'FXcast Trader's Hall of Fame' where we honor profitable traders we are proud of our way of business.

Thanks for Your attention.


Oluwadamilola from Lagos, Nigeria01/13/2009

i intend to withdraw i search my membership area for almost 8weeks now that have sent my document for verification. in some parts it stated document verified and at the top it states NOT VERIFY no payment possible. i av logged complaint several times cos i need to withdraw from my account and now they are not replying i cant say they are good in terms of withdrawal and maybe we are just trading for them.since withdrawal is not possible.....


Fxcast (Antigua) Ltd from Antigua10/02/2008

Dear Customers,

we are a bit surprised that especially in this country people have such a high level of mistrust against their own citizens.

With our fxcastteam.com we have built up a high level platform where people can communicate with agents in their language. Partners there are of course only the best and most trusted partners.

Please get in touch with your local representative - he will help you.

Your Fxcast Team.


Babajide from Lagos-Nigeria09/23/2008

I was tryin to chat with a representative of this broker and i was linked to a Nigerian-one Okechukwu. I dont know I am confused Is this not scam...


FXcast (Antigua) LTD from Antigua09/04/2008

Dear Folks,

Fxcast says very clearly on his website:

http://fxcast.com/About.php that it is registered on Antigua. We see more and more that instead of investigating informations on our website people simply throw some statements into forums.

In our opinion we see FXcast as one of the most transparent brokers worldwide. And you will not find any serious claim in the www since the beginning. And this is more than most other brokers can show.

Regulation does not mean honesty. We have seen a lot of regulated brokers going down the drain within the last months. All of them have cheated their authorities or/and customers.

What worth has such a regulation? And before asking questions here - why no simply check our websites? All information is actual there.

And believe us - none of our customers withdraws his money due to our status. Vice versa we received a lot of fraud trials from dedicated countries where people try to abuse our automated functions for not allowed exchange services and more of this. All these accounts have been closed and people have received their money.

The only chance to lose money with FXcast is by trading the markets.

Your Fxcast Team


miracle from Nigeria08/20/2008

Does fxcast actually accept e-gold? Also why are they avoiding the question about thier regulation? Such a thing could spark up pull-backs from Nigerians.Please can someone tell us about their withdrawal, has it been successful and how long did it take? Thanks and God bless.


kenny from Nigeria05/23/2008

Do you accept e-gold as a mode of transaction,and what is your position on regulation.For person needs to be sure that you are not dealing with a company that will just fold up over night or wouldn't be able to get assess to after a while.


FXcast from Antigua from Antigua04/01/2008

Dear Visitors,

we recognize since the beginning that most of our Nigerian customers have problems with their internet connection.

Platform connection is ok and working properly. But the Website Chat needs by nature a lot more bandwith. This cannot be changed and we often see visitors from Nigeria disappearing during chat sessions due to connection timeouts and also power supply timeouts.

As long as this lasts in Nigeria the situation will remain as it is today. But of course emails are always answered within 1 day (if not over weekends)

We once again ask our customers to FIRST read all information on our website BEFORE they send questions or try to chat. Nobody will get an answer which is different from the website information.

Your FXcast Team.


adiat adegoke emmanuel from nigeria03/30/2008

i hv been pleased with the condition of trade of fxcast but all day i have problem communicating them no response on chat and emails and also what is the on going action on

regulation. Protection is necessary .


Fosters from Nigeria03/24/2008

FXCast was silent about the issue of regulation. Protection is necessary in this present state of uncertainty everywhere, so we need to know the steps being taken now and the nearest future directions on regulation.


Daryl from Vancouver, BC, Canada03/11/2008

I have been very pleased so far with FX Cast. The account opening procedure was easy, and they have everything I am looking for - Eur account, MT4 platform, multiple funding options, and micro lots. Communication has been good, no problems at all here so far. :)


FXcast from Antigua from Antigua01/18/2008

Yes we accept customers from Nigeria

Page: 1 2


To submit your own Forex broker review for FXcast fill the form below. Your review will be checked by a moderator and published on this page.

By submitting a Forex broker review to EarnForex.com you approve that you grant us a right to publish and change this review at no cost and without any warranties. Reviews with the invalid e-mail address will be rejected.

Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.

Attention! This is NOT a broker's contact form. You CAN'T contact FXcast via it. The form below can only be used to post a review of this broker.

Your Name:
Your E-mail:
Where Are You From?
Review Text:
CAPTCHA
Image code:

Day Trading With No Risk - Learn More

© 2005—2010 EarnForex.com
Do you follow Forex news? Don't show me this offer ×