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FX Cast - BROKER IS CLOSED Reviews and Ratings
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FX Cast - BROKER IS CLOSED Reviews

to many requote during major news until we loss and mt4 down .Scalping min 10 minute, IT'S JOoKE EEEE.
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They have Low spreads and an Easy-to-use platform. Good customer support, They spreads are Fixed and they have a Solid trading platform, Good transaction with fast execution.
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Unfortunately we had some issues with the data feed servers and of course we apologize for this. Ithas nothing to do with news time or open trades. The problems are solved now. If a customer experiences a loss due to this situation he shall send a claim with exact data and we reimburse him.
Your FXcast Team

Monday Sept. 20th 14:00 GMT Platform frozen again while your open trades go negativce during news hours and unable to close them
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Sept. 15th, 2010. The platform frozen for more that 2 hrs. I have 2 other brokers platforms running at the same time, so it´s not the internet connection or any other factor. The thing is just not running with trades opened
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August 25th 2010. Platform frozen for almost an hour 5 22 GTM time
↑ Back to topthis broker is scam, 20 pips for eurusd and gbp usd. when you make order they slip 5 pips, after position is open sell their price move 10 pips above, you can check with other broker and when you closed your post they slip 5 pips, total cost you 20 pips spread for major pair. all this bullshit broker. nobody can easy make profit with them. their contest also lie.
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this is the market where i could make the money.
people loose the money becouse of their lust. trade as the business man and find the profit.

Well - this is a big accusation. We have customers saying that our real accounts behave as demo and we have the opposite side. Most people are not recognizing that they are on the internet. The connection on some countries is not really good. Also some ISPs slow down the traffic. And satisfied people with good connections do not claim of course.
And we have especially customers from Far and Middle East who like News trading. They do not know what happenes during Major News. Maybe they should have a look on other sources: http://allforexworld.com/Snaps/News-Trading.php .
News trading is not recommended for small accounts. And whoever tries news trading did not hear the recommendations of professional traders: stay out at news times. They jump from broker to broker and make the same experience: requotes over requotes at news trading. If they would read the articel above they would know. This is what happens at news times all over the world. Some brokers widen the spread - some must send requotes. As long as there are Forex Brokers this will last. It is a characteristic of the market - it is nothing that brokers do to \'enjoy\' customers.
Regarding commissions: FXcast does not have ANY commission - except for moslem accounts:
http://fxcast.com/Contract_Specification.php:
Swap free accounts are available for religious reasons. For accounts bigger than 1,000USD we will set no swap rate on your demand, for accounts smaller than 1,000USD FXcast will set 10 USD per traded lot as commission for these accounts and will not calculate any interest for overnight positions. You will find an option during real account opening process to mark for Swap Free accounts. This offer is only valid for citizens of Islamic countries.
This customer has applied for a swap free account has read the conditions for it. At application time this is explained. And afterwards he claimed.
We hope that these points are answered now.
they are th*evies thier demo accounts is far different from there live account which supposed not to be so.
they requote over and over and while on demo,there is nothing like commission charges but behold go live and after charging you the usual spread,they will still want to k*ll you by charging commision on all trades
l wouldn't recommend such broker to a newbie please go else where

Dear Forum,
this former customer HIRAM has of course received ALL his deposit of 650 USD back to his e-bullion account where it came from at the day of his withdrawal request. We never have told him that we do not want to refund his money. We have published very detailled that we only send money back to accounts where it was sent from due to the worldwide Anti Money Laundering Law which is respected by banks and legally working brokers.
If customers try this we send them back their deposit and close their account because they violate our rules. We think this is fair and not a problem for any customer who acts within our rules.
Your FXcast Team.

I must agree to the comments here. Not a single point to claim - especially for my trading style which is mid term to daytrading.
And no point to claim means of course 5 starts. When do you see a broker who does not try to cheat you? The only thing missing is a regulation. But due to the fact that almost 50% of world economy is done offshore ... well this is not automatically negative.
In any case they are very strict with the documents to avoid any problem.
I can recommend them absolutely.
They don't want to process my withdrawal they say
We are a Broker

I agree - no slippage, no worries, chat works (nort 24 hours - but as a relatively intelligent species I do not need them because all is easy explained on their website)- I cannot even lose information - all in my membership area.
MT4 - seems this broker is not one of the MT4 crowd. For the last 4 months I am with them not a single second downtime.
And I can pay with whatever I have - if it is only money :-)
Whatelse would I need? From time to time I have withdrawed money - all done and my money seems safe - I think I will add a big fund now.
ExpoTrader
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