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Started trading currencies first time a year ago. For me it was completely new experience. Results on demo account were terrific!!! My strategy based on events trading, so everything was perfect on demo. I've doubled my balance for 4 months and it was a show time for real money ;) Then I lost half of my deposit because spreads became unrealistically huge. I mean around 10 pips on usdjpy almost every day. Guys from support told me that it's because of market movements but there were no market movements. At least not every day and not for usdjpy. My advice, don't open real account with this broker.
2023-10-27
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Alec
0-6 months
Faroe Islands
Demo account as well as real has its own weak and strong sides. Fx flat doesn't take responsibilities for difference between them. Regarding previous comment, I've never had such a big spread on usdjpy as 10 points. Broker can offer 3 or 4 pips, otherwise you get requot. It is a standard practice in fx industry. If you really want to trade with fxflat, just look at all variety of services broker offers. Despite all negative comments I can't say anything suspicious about fxflat.
2023-10-24
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pier
0-6 months
Seychelles
This broker is organized in a way that allowed me to apply trading style that suits me best. In my case, my main focus was to double account balance for 6 months using small trades on small account. During trading, I noticed that almost every trade I made has strong short-term profits but not working in opposite direction. My problem was timing the entry that was not optimized for buy positions and appropriate timeframe. Using another timeframe, I was able to enter on several pairs that changed all my game. All I want to say that if you have something suspicious with your broker, just check it twice because most of our problems lays out in our own misunderstandings. I've made just around 60% (not 100%) but see nothing wrong with broker since all my issues were because of me.
Looking for an alternative broker I came across FX-flat. The first impression is good. FX-Flat has excellent customer service. Correct and they take extensive time to show you the way.
2023-06-23
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Roman Karpe
0-6 months
Metatrader Professional Plus Account
France
Very good guidance with the complicated application form for companies
2023-06-23
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Gupta dilip
0-6 months
Metatrader Standard Account
Netherlands
So far I have to say that this company has done a pretty good job, the order fulfillment very fast in recovery, it is really very fast and the very dedicated customer service helped me get my money back.
2023-06-23
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Angelo
0-6 months
Metatrader Standard Account
Spain
Bad broker
2022-11-24
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Ben
0-6 months
Metatrader Professional Classic Account
United Kingdom
High slippage! Not good.live chat very rude
2022-11-24
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Babypips
0-6 months
Metatrader Standard Account
United Kingdom
Fx flat doesn't like scalpers, 3 days trading and they now delay my orders by 5 seconds! Not good for a Bank! don't use it if you are scalper
2022-11-24
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Ktrader
0-6 months
Metatrader Standard Account
Brazil
This broker is a scam, they deleted my profits with false claims and BaFin regulator don't do anything. Stay away!!