10 reviews of City Index are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
DO NOT USE THIS BROKER! Can not withdraw my money!
Awesome staff, no problems with opening or closing, no requotes, no slippage.
I got to them via eToro and the reason why is because eToro has to be an IB due to NFA regulations. So I am glad they sent me to FXSol. Still trading.....
It had built me my dream financial wealth
One more thing.... I didn't even sign up with fxsol., I signed up with e Toro and was surprised to find out they apparently cannot operate in the US.... It took me forever to get the account active because they kept telling me to log-in at eToro but the log-in/PW only works at fxsol. They told me I cannot use their software in the US, someone else told me I couldn't trade with eToro in the US.... I asked why but they never answered that in the many emails.
I am new to fx trading so there is possibly an explanation for this, but so far no one has given a plausible one - not even fxsol. On two occasions I had every trade closed out after a long pause. I lost a lot on one and the other one I would have made a good return if it hadn't disappeared. I thought maybe it had something to do with covering the leverage but the trades did not approach the amount in my account. I have only traded with them for about a month so for this to happen twice already is not good.
One more thing, there are big lags and differences in rates between what fxsol. is showing and what MT4 is showing a lot of times. Unfortunately it seems to happen at a lot of critical times to my disadvantage. I specifically had a T1 line installed in order to minimize latency, and it does except for on fxsol.
FXSol/Australia (MT4 Platform) is real robber! Last week they open trade for me with $790 loss. This morning (12/4/2009 Canadian Employment Change, 7AM), trading on news, I closed a position with about $2400 profit, to realize that they closed at same price at which was open ($0 profit). Responce: It was gapped and should not open! Graph shows that price did not gap. During NFP (8:30 AM, 12/3/09) I had a profit of $4345.05 just to realised an hour later that they took my profit - rationale: improper trading profit. When I complained about that, they deactivatedmy account. They also deactivated another account which I did not use for a months!
i agree wih you Albert. I recieved a call from him 2 years ago and still working with him. he is now ndependent and is still able to help me with my account. i would update your email address if i was you. his new email is firstname.lastname@example.org
I love FX solutions platform. I highly reccomend it. what i dont reccomend is there customer support unless you are dealing with Joseph Oropeza. If it wasnt because of Joseph i would have never known the benefits of dealing with the GTS Pro. If you do decide to go with FX solutions i suggest you contact joseph at joropeza(at)forexsystems.com .
I Been with FXSOL. FOR MORE than two yrs. I have lost money and I have made money. something nice about them they process your withdraw as fast as they do with your deposite. they have no games when you withdraw your money. you may get your withdraw the same day. UNlike FXCM. fxcm process the deposite very fast but a lot of drama when you withdraw.
1- High level of slippage.
2- Big rollover or overnight fees.
3- Poor execution if the costumer order is not favorable to the company interest. Some times fill out is more than 2 minutes or till your're loosing money (even in low demand times).
4- Bad costumer service including no product knowledge. Notice what you could expect, when the head of compliance, Walter Zuck have no knowledge of meaning of what usable margin and usable margin percentage are.
5- Other big issues not to discuss here, but if you want to know more, I'm giving you permission to ask for MY CONTACT information to this website owner's. If you want to destroy those bad guys with your own claims, lets do it together.
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