Forex-Metal

4.0/10
(9 qualified reviews)
Disabled
Scam!
Out of business
US Traders
  • Bonus offers
  • MAM accounts
  • Segregated accounts
  • Islamic accounts available
  • Company Forex-Metal
  • Founded in 2005
  • Offices in
    • Panama
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4
  • Account currencies
    • Australian dollar
    • Euro
    • Great Britain pound
    • Japanese yen
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Website available in
    Show website languages Hide website languages
  • Support available in
    • Arabic
    • Chinese
    • English
  • Support methods
    • Email
    • Live chat
    • Phone
    • Skype
    • Web form
  • Trading server time zone GMT
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 1.8
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:200
    • CFD1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Number of currency pairs 53
  • History
    Show history Hide history
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $10,000
  • Minimum position size 0.1 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 1.8
  • Minimum spread on EUR/USD, pips 0.4
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • CFD1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Number of currency pairs 60
  • History
    Show history Hide history
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1,000
  • Minimum position size 0.1 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 1.8
  • Minimum spread on EUR/USD, pips 0.2
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 4 or 5
  • Number of currency pairs 30
  • History
    Show history Hide history
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Trading instruments
    • Binary options
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Number of currency pairs 63
  • History
    Show history Hide history

Reviews

33 reviews of Forex-Metal are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Panama.

Forex Metal RIPPED US OFF!!! Names REVEALED! (e-ForexGold.com too!)

We expose Forex Metal and owner VLADISLAV KOGAN (Born 1973, living in Sydney, Australia) in this Video: https://www.youtube.com/watch?v=SMruhPTsXBY

(To read all details, PAUSE THE VIDEO often.)

00:00 Our story

00:21 Forex Metal web site

00:25 Victims

02.54 Forex Conclusions review

03:31 How Forex Metal describes itself

04:35 Who they really are

04:38 Photos and the Truth about their Century Tower address

05:32 Panama’s SMV (Superindencia de Mercado de Valores) listing of authorized Forex brokers and September 1, 2011 law requiring government licensing

05:51 More on their fraudulent address

05:58 Their Credit Card

06:11 Employee Names and some Marketing Sites

06:43 Bank of New Zealand wire transfer

07:01 Owner VLADISLAV KOGAN

07:16 Details of his many corporations, starting with New Zealand

08:35 Photos of his old residential address (apartment building)

08:56 Photos of his recent residential address ($2.2 Million AUD home)

09:49 Domain Names, and Cross Relationships linking names and corporations

10:58 Corporations since 2001 and more victims (Calobar LLC, Credit Alliance SA, Dunboyne Investment SA, e-ForexGold, FM Financial Services Ltd, FM Financial Solutions Inc, Forex Metal (Australia), Forex-Metal Exchange Services Inc, Forex Metal Exchange Services UK Ltd, Forex Metal Holdings Limited, Forex-Metal Limited SA, FX Index Limited, FX Index Pty Ltd, FX Index PTY Ltd, FX Markets PTE Ltd)

14:06 Aliom Trading not compliant with ASIC (Australian Securities & Investments Commission), revoking most of its representatives, including VLADISLAV KOGAN

14:47 VLADISLAV KOGAN still claims Forex Metal (Australia) operates under Aliom’s License

15:02 Targets Binary Trading and India Forex markets

15:14 Forex Metal in 2014

15:31 In Conclusion

15:45 Research & Web Links, including Timeline (2001-2014), Corporations at a Glance, Domain Cross Relationships, Forums that Forex Metal Markets to, and Forums to Contact

16:57 Recent Updates

17:42 Updates and more to be listed under video “Description”

We will post this info at many popular trading forums (complete list under video); many already have posts on Forex Metal.

Where possible, we will start a new thread “Forex Metal Ripped Us Off!” for victimized traders to post comments.

To warn other unsuspecting traders, we will also post in the most viewed relevant threads.

Search “Forex Metal” for specific threads until we list them under Video Description.

We suspect Forex Metal created several personalities or used its affiliates either to say what a great broker they are or to market promotions, or both. Usually details are vague. Click on the names; often all their posts talk more about Forex Metal than actual trading.

We apologize for any repetition, but VLADISLAV KOGAN must be stopped from ripping off traders.

REGULATORY AGENCIES

Australia: ASIC (Australian Securities & Investments Commission), Report misconduct to ASIC

http://www.asic.gov.au/asic/asic.nsf/byheadline/report+misconduct+to+ASIC?opendocument

(Investigation opened, pending)

Belize: http://www.ifsc.gov.bz/

(Pending)

New Zealand: Companies Office

https://www.business.govt.nz/companies/about-us/enforcement/complaint-form

(Investigation opened, pending, transferred to Financial Markets Authority)

Panama: http://www.conaval.gob.pa/

(Pending)

Our main purpose here is to warn fellow traders.

INTERNET FRAUD

CORPORATE FRAUD

WIRE FRAUD

SECURITIES FRAUD

Rather than reposting at every site, WE WILL POST THE LATEST UPDATES AND LINKS IN ONE PLACE, UNDER THE VIDEO’S “DESCRIPTION.”

Please post your personal stories in this forum, and ALSO under the VIDEO’S “COMMENTS,”

This way, you have a record of your post at each forum and well as at one CENTRAL LOCATION for ALL traders to share comments.

A fellow trader that produces many videos exposing Forex, binary trading, and other financial scams has also created videos about Forex Metal:

Forex Metal - Avoid this Broker:

http://www.youtube.com/watch?v=BbK6gzCYvOc

Forex Metal - This Broker is a Scam, BEWARE:

http://www.youtube.com/watch?v=nbBT6hOqYDw

Forex Metal - Use this Currency Broker and Feel the Pain:

http://www.youtube.com/watch?v=9IQEuzLJbBk

He also recommends that victims create and post their own videos (Ezvideo.com is free and simple), and include a link to our detailed video.

VLADISLAV KOGAN is Forex-Metal Payments Department at payments@forex-metal.com

Traders, let him know what you think of Forex-Metal.

Email him your comments and copy his employees at:

business@forex-metal.com

contact@forex-metal.com

info@forex-metal.com

support@forex-metal.com

If VLADISLAV KOGAN eventually returns ALL of our funds, we will post that information in the future.

Traders, thank you all for your time, as well as any additional help or information you may offer.

, United States.

I have an account with forex-metal.com (Dunboyne Investment, FM Financial Services, Ltd.)I requested an outgoing wire transfer on December 19 but have not received the money. When I try to contact them by phone I get no callbacks. When I e-mail them they give no meaningful response. I have attached the e-mail transcripts. This money is my entire savings and I would be devastated if it was stolen from me by this broker. Please give me any advice you can, and spread the word about this dishonest SCAM THIEF BROKER!

Thu, Dec 19, 2013 at 2:17 PM

Thanks for your request. It will be processed within 3 business days.

Generally, a bank wire, once sent from our bank, may take 24-48 hours

to arrive to your account. Checks may take from 1-2 days to 1-2 weeks

to arrive depending on your location or delivery option. If you have

any questions, please contact our Customer Service team.

Wed, Jan 8, 2014 at 8:36 AM

Dear Mr. Travis,

Sorry for the delay, caused by the Holidays. The wire will be sent as

soon as possible.

We are sorry for any inconvenience caused.

Regards,

Forex-Metal Payments Department

Fri, Jan 10, 2014 at 2:13 PM

To: Forex-Metal Payments

I still have not received the wire transfer. If you have not sent it

yet I want it wired to this account:

Please help me, this is my savings and I need it urgently. Please

reply. Thank you.

Travis

Tue, Jan 14, 2014 at 7:46 AM

Dear Mr. Travis,

The payment has not been sent yet, it will be sent to new detail as

soon as possible.

Sorry for the delay.

Regards,

Forex-Metal Payments Department

, Czech Republic.

I have never made a review for nay broker b4..but after my experience with this broker i felt compelled to do so just to help other traders in making decision.I applied for an account with this broker, and got their 100USD welcome bonus just to give them a trial, trading with this bonus on the live account was hell,, first of all i thought its because they dont want the customer to make any profit from the bonus but then i realized it was no coincidence,,, their Mt4 platform is completely manipulated ,,orders are exceuted at the worst price despite what the spread indicates, stops doesnt work , okay i decide to use my manual stop method but that was the worst of all,, when i was in profit trying to close my position manually,it just refused to close ,when i was in a loosing position and trying to close position ,it only closes after much delay..and believe me this happend not once, not twice, but several times...i didnt feel bad because it was just a bonus capital. i have seen better brokers who are really serious to be in bussiness and i must say its a shame to forex metal.Why cant you just do honest bussiness and be transparent and reliable in your dealings with clients its not always about making money in the short term and losing money afterwards,this is the way to succeed in your bussines, live and let live...Forex metal is in the forex bussines with the sole motive of cheating on its clients.

, Japan.

Withdrawal NOT processed. Over 30,000 USD is still stuck in the withdrawal process. Please refer to the case at FPA.

http://www.forexpeacearmy.com/forex-forum/open-cases/27228-guilty-case-2013-109-yatti-vs-forex-metal-com.html

I will update the withdrawal progress if it's processed.

, Chech.

Thank guys.Take their bonus and join Profit Grabber (find this signal provider on their website).Don't do anything else.That's it.Already 150$ in one week and withdrawn in 2 days. So cool.Find me on Hawaii next week..Yeah!!!

, Algeria.

I have been with Forex-metal for 1 year now and I can say with confident that my experience with this broker is very good. I find what I need, very good spreads with rare re-quotes, trading by phone and many way to withdraw/deposit funds.

Anyway this is my opinion on Forex-metal; I witch you a successful trading.

, China.

English my not good, I wants to say that this brokers Forex-Metal is good broker with good platform for forex trading and treating good.

, United States.

Very bad customer support. They are a scam. Ive been a client for 2 years and requested around 100 call backs and have not received one! Open an account with FXCM. FXCM is not a scam and has very good cust support.

, Sri Lanka.

I opend a bonus (Live) account last month and bonus was credited to my account fast. Spreads are good. Order execution time also acceptable. No re-quotes. I trade in mini lots and so far so good. I do not know what the withdrawal results would be. Would give another review report when I withdraw money.

, Bulgaria.

they are a scam. no answer for more than a week after withdrawal request.no answer on the phones. no reply of the emails. cust. support keeps copying the same answer-we'll relay your question to payments dept.

their bonus points requirement is almost impossible to fulfill and if one does, they change the rules.

, Indonesia.

I am very disappointed with this broker. I have completed their requirements for 50 the bonus points . But I can not take advantage I have gained during my trading, all the work and my time wasted because of this broker. You do not need to open a trading account here, your efforts will be futile.

, Nigeria.

Forex metal is a good broker. what some of us have to master is how to make room for slippage. Anytime I see 100 pips trading opportunity, I usually go for 80 and leave 20 and I am less worried on slippage problem. Intra day traders will always have one problem or the other with brokers as they are always eager to catch a fast move and this doesn't normally go well with brokers.

, jerusalem.

I am satisfied with this broker for more than a year already. They are reallly trustable guys.

, Israel.

this broker's promotion system can be very profitable, you can also be sure that they will give you all your money back, at this point this is a very decent broker

, Nigeria.

Hello trader, if you don\'t know anything about a broker stop blackmailing them! I\'ve made several trade with this broker, the only problem they have is they always requote, they gave me $5 for participating in their survey, i withdrew it, they gave me my referral bonus of $39.3 i withdrew it, i even still have almost $80 pending for referral bonus as well once my refer complete his lots.forex-metal is a good broker!