FX Company - Forex Broker Review

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FX Company originates from the beautiful island of Mauritius. Beautiful especially because Mauritius is my place of birth :). This broker is regulated by the financial services commission of Mauritius that promotes the development, fairness, efficiency and transparency of non-bank financial institutions and capital markets in Mauritius whilst ensuring the protection of investors. The financial regulations in Mauritius are quite tough to tell you the truth. They are very sound and stable place for investment purposes.

The goal of FX Company is to build a long-term relation and stay committed to its many thousands of clients. The brokers work around the need of the clients and provide high quality customer service to fulfill that need. All the necessary trading tools required to succeed in the financial market are provided as part of the services. Here is an updated list of what you will be exposed to once you become a client of this broker:

• Opening an account within just 5 minutes and from any place of the world
• Floating spreads starting at 0.5 pips (something to consider for the scalpers out there)
• Deposits from 100 USD
• MT 4 platform
• Trade via pocket PC (Mobile Trading)
• Trade via smart phone
• WAP-review of quotations and account
• Over 400 financial instruments
• CFD for stocks, metals and futures trading
• Highly informative website
• 3% per annum to a free deposit
• Trading contests
• Fast deposits/withdrawals
• VIP-conditions for accounts from 50 000 USD
• Professional analytical maintenance
• Muslim-friendly account with no overnight swap.
• 24/7 customer support

Ok...here is the part where we look for the possible drawbacks of this broker. In my research there were more good experiences than bad. However, the main issue raised was the fact that they tried to manipulate opened orders causing loss of investors money.

As you see, you will never come across a clean broker in this business, even the ones considered to be the best tend to trick some of their customers every now and then. My best advice is to always have a saved copy of the order you entered on your pc, this is the best proof you will have if ever they decide to come up with some foolish excuse that they didn't take your money.

Best of luck in your trading,
Ash Naeck

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