InvestTechFX

Unrated
Disabled
Scam!
Out of business
US Traders
  • Bonus offers
  • Free education
  • MAM accounts
  • Managed accounts
  • Affiliate program
  • Islamic accounts available
  • Company InvestTechFx Technologies Inc.
  • Founded in 2006
  • Offices in
    • Canada
  • Payment options
    • Credit/debit cards
    • Payza
    • Wire transfer
  • Demo platforms
    • MetaTrader 4
    • MetaTrader 5
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Website available in
    • English
  • Support available in
    • English
  • Support methods
    • Email
    • Phone
    • Web form
  • Trading server time zone EST
  • Conditions for VIP traders Interest rate on funds, rebates, personal manager and better execution for accounts bigger than $20,000.
  • Hedging
  • Overnight interest rates (swaps)
  • Browser-based platform
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 0.5
  • Scalping Forbidden
  • Expert advisors Trader must warn InvestTechFX if he plans to use expert advisors.
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
    • Oil1:500
  • Trading platforms
    • MetaTrader 4
    • ZuluTrade
  • Digits after dot 5
  • Number of currency pairs (of which exotic) 37 (9)
  • History
    Show history Hide history
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1,000
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 0.5
  • Commission (one-way) per 1 std. lot $10
  • Scalping Allowed
  • Expert advisors Trader must warn InvestTechFX if he plans to use expert advisors.
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
    • Oil1:500
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Number of currency pairs (of which exotic) 37 (9)
  • History
    Show history Hide history

Reviews

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

, Canad.

Hi everybody,

Does anyone have experience with withdrawing money or closing account with them?

There are a lot of bad comments on Forex peace army about that.

Thanks.

, India.

My experience with InvesttechFx had been so far very good. I registered an account with them, but I faced some problems and they helped me by all possible ways at the earliest they could. Also, at some of my trade problems, they also credited my account back.

Also, the people who doubt their registration or regulation, I can make them sure that I have verified their registration with Corporation Canada and they are a registered Federal Corporation.

Please check this link:

http://strategis.ic.gc.ca/cgi-bin/sc_mrksv/corpdir/dataOnline/corpns_re?company_select=6804071

You can get the detailed information about this company. Their registered numbers are:

Corporation #6804071 BN #855373551RC0001

Mailing Address: [Latest address on file]

Care of:

Street: 4915 BATHURST STREET, UNIT #209

City: TORONTO

Province: Ontario

Postal Code: M2R1X9

Country: Canada

Registered Office Address: [Latest address on file]

Care of:

Street: 4915 BATHURST STREET, UNIT #209

City: TORONTO

Province: Ontario

Postal Code: M2R1X9

Country: Canada

Country: Canada

Reg. Off. Eff: 2007/07/09

Status Date

Active 2007/07/09

Director(s) name(s):

ALAN ZER

RONY SPEKTOR

I hope this is enough information for some one to get information about this company. If any one has any complain with this company, they can try to speak with the customer care and I hope they will be able to attend your needs.

Best Regards,

Anurag

, CANADA.

InvestTechFX would like to take this opportunity to provide our loyal customers with an update. Upon investigation we have determined that the recent posting regarding InvestTechFX was placed by a former associate and done so with the sole intent of embarrassing and discrediting our firm. The allegations contained in the posting are completely false, misleading and were placed with the hopes of scaring current and deterring future customers. We are continuing with this issue with the relevant authorities, as it is a serious matter and will be handled with the sensitivity and professionalism we always employ under these circumstances. However, we wanted to take this opportunity to update and reassure our several thousand worldwide loyal customers and potential new clients that InvestTechFX continues with its commitment to the highest level of customer care, support and service. We highlight that we are a Non-Dealing-Desk (NDD) and Straight through Processor (STP) working with the full cooperation of the Clearing Department to ensure that all funds are routed to cover the customerв?™s trading and account transactions. InvestTechFX continue to be the only company providing 1 pip fixed on all majors. Sincerely, InvestTechFX

, CANADA.

InvestTechFX has seen the recent posting and is currently investigating its allegations. We take all postings seriously, credible or otherwise. Upon completion of our investigation we will post an official response. Sincerely, InvestTechFX

, Chicago.

Those that have posted "good" reviews are either working for them (i.e. they get their own people to write good reviews for them) or they have not tried to withdraw their money (or withdraw only small amounts that would not bother them). Their platform is normal MT4 platform available with many FX online brokers. Their service sucks when it comes to trying to withdraw funds. Don't get caught by this unethical "broker"! Even if you do get your funds back, it would either have taken you a long time with many a sleepless nights or you may have been offered a smaller amount which many have accepted just to recoup some money back and get over the bad experience. As for complaining to the authorities, don't bother, they are not registered nor regulated, who you going to complain to? And unless you really can prove to their law enforcement authority, which in this case would be the Canadian Mounted Police, that they have "scammed" you and not complied with the law, you really have very little to go on. And anyway, I'm not even sure they have a real physical office! I got a friend living in Toronto to check out their office and it's a company management office i.e. a "virtual" office. Do not put your money with this broker if you treasure it. You've been warned.

, North Carolina, USA.

I would like to bring to the attention of the trading community of how InvesttechFX is a scam company that is out to cheat people’s money. I strongly advise traders who have money with them to withdraw it immediately or those who intend to open with them, not to do so.

For the benefit of the trading community, I strongly urge the moderator not to remove this post (even if InvesttechFX force you to do so).

1. InvesttechFx moves clients fund without seeking clients approval

Clients’ funds are deposited into TD Canada Trust as instructed by InvesttechFX but they moved these funds out, without clients’ knowledge or approval, to the clearing department of a third party trading outfit.

2. InvesttechFX is NOT a member of CDIC and clients funds are not insured

InvesttechFX claims on their web-site that they insure clients’ funds up to USD100k. Legal background check has shown that they are NOT a member of Canadian Deposit Insurance Corporation (CDIC), in which they claimed they are. Further check with CDIC web-site also reveals that CDIC only insures Canadian dollar deposits and not deposits in any other currencies!

InvesttechFX is NOT a regulated or registered FX broker (they are just a software solutions company) and thus they do not have the proper business practice of a regulated FX broker. Their claim on their web-site about insurance of fund is very deceiving to clients and their business practice is unprofessional and unethical.

, Germany.

Testimonial - Continue your great service to aspiring forex traders because they need quality systems like yours not matched by any other forex sites. I'm a regular trader in the forex market myself and I know that it is only through your site that I was able to achieve success by earning sufficient profits or sometimes even huge profits when I am very lucky.

You web-based platform which is available for download help me attain my goals in currency trading. The information on your site notably the frequently asked questions section as well as your technical support are very valuable to me. I never thought that I could avail of a professional technical support round the clock but your site proved that indeed, any trader could seek help from you 24 hours a day when problems arise. This aspect alone already boosted my confidence in forex trading aside from the high security level you provide for traders and dealers.

Phil S., Germany

, Australia.

Dear Sirs,

I did not request to remove my reviews, discussions, especially till now nothing received except hundreds of calls and emails, until that happen I want to keep every thing like it was and I will notify you by a written email message when that happen.

In concern of the thousands of customers who did not made bad reviews they may have lost all their money in trading or they are even or have no idea how to complain or the language prevention, as you know 95 % of the trader loose their money in the first 3 months of trading, the percentage of people who win do not exceed in any way 2-3 %.this clearing house or clearing department does not exist, try to apply for opening an account with them, the computer reply one of our staff will contact you and you will never be called even if you want to call them any time in different time scale, this is only to persuade people that their order are really straight through processing but in fact not, because those people running no real account but a demo account, the 95 % who loose their money, and who are even as well the rest small percentage of people like me have big profit because they are very aggressive and professional trader loose with them because if you win they loose and if you loose they win which is not true like they said on their website, and always have the excuse that the scalping fees is charged by the clearing department and if you want to call this dep. They always said one of our stuff will call you and nothing will happen.

It is the fact of this virtual company that is not allowed to work in Canada because there is no record in the Government legislator and regulator that this kind of company is registered in any place and have the authorization to let trader trade with them.

I knew that this company tried to persuade you and every reader that the problem is nearly solved to allow them to be able to remove them without paying any penny.

I urge you to keep all old reviews as it was.

TO ALL THE TRADERS

DO NOT REMOVE ANY REVIEWS UNTIL YOU GET PAID AND DO NOT ALLOW SCAMMER TO SURVIVE WHILE YOU ARE SUFFERING AND BROKING

, UK.

Had problems working platform when I opened account about 8 months ago, tech was on the phone with me at 1:30 in the morning to resolve issues and get me up and running. Lost a lot of my original deposit through some bad trades, but deposited more money, made back a few bucks and have been pleased with support, service and live chat is a nice feature. Have recommended a few of my friends to ITFX and they are pleased with service and ease of trading as well.

, Ontario, Canada.

Demo account is a great tool to learn about InvestTechFX Forex. New at trading so will be using this tool till I get comfortable to do some trading and make money. Great customer service and always very helpful. I would recommend anyone to open a demo acct and start trading internationally. This company has been around for awhile and therefore I find them trustworthy. Thank you.

, USA.

Been doing with this company

for more than a year and have

good things to say fast deposit or

withdraws

Excellent customer service.

, Czech.

Erick,

you are better off going someplace else. I still not recovered any of my funds from them. But everyday passes by more people know about this, because I'm reporting them to agencies, posting messages to all forum I can find on the net.

, Boston.

that was a close one! sorry 4 you guys, I was just about to invest all my money here till I came across this! thanks to you gus I will not.

, Australia.

investtechfx is a group of gang tried to terrify me and my family because they know about my disability

.

investtechfx after stealing my money 23500 USD their manager who called Alan called me at noon he was very funny , tried to laugh on me and then told me we offer you 4000 usd and leave the rest without any reason, they charged me 22000 USD scalping fees although I was out of the scalping category by two emails sent to me confirming that, and he added by saying we want to sue you because you made bad reviews against us so accept 4000 USD or you will not get any penny, I told him it is irrelevant no way...

he told me there is no point to request the amount you have to try to be logic, I told him I want to finish peacefully with no dispute but give me my right and take your right, I told him I can pay the scalping fees from the start of my trading which is totaled 4000 usd and they already charged me like 1200 usd, and can you tell me what is point to loose customer like me making 10 Millions of dollars as volume per day?(please reader try to comment why?)

I told him try to call later now I am still on bed I hanged up the phone and switched off the recorder.

i was waiting for him, he called me at 3 o’clock after midnight I new it is him tell him wait and I turned on the recorder.

he told me look my lawyer wants to sue you because of the bed reviews I made against them, I told him I did not create any scenario like you do, I told the truth and just what happened and how you treated me and your customer, take what I donate for you and say thanks god for the generosity of this good man, but you do not want to take your right and give me mine you want to eat the whole lot.

he told me look you can go nowhere with your dispute I can send to Australia two body men and take two member of your family and see what we can do, and I can come to Australia to kick and fuck your head, I told him ok try and I hanged up and switched the recorder off.

After someone called from investtechfx said he is from legal department and was trying to terrifying me because my reviews I did not let him continue and I hanged the telephone up.

he called 3 to 4 times after, my wife waked up and answer, i told him i am not ready to answer any call from your side it 3 o'clock after midnight.

From this respectful site whatever will happen to me or to my family the only responsible is Alan and his gang.

I have a big family totaled about 100 persons if I die my life worth nothing but my family will not let you to take our rights.

for any clarification email me on

adelb5@msn.com

, Czech.

I want to warn everyone about this company.

I wanted to close my account and withdraw all funds (2200 USD)they offered me only 500 USD, the reason that I have made few standard trades on the mini account. I have told them to show me all my '' unauthorized'' trades but never wanted to show me or explain my questions. After they offered me 1000 USD, I said no, so I'm still waiting for explanations and the money (since Dec 1st). My suggestion is to look for another broker not InvesttechFX from Canada. I got all the proof of emails if anyone wants to see it.

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