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Loyal Forex - BROKER IS CLOSED Reviews and Ratings
See below for Loyal Forex - BROKER IS CLOSED reviews
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Loyal Forex - BROKER IS CLOSED Reviews

impressed with the support, late in the night I had a trading issue and it was fixed in 15min
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took me too long to arrive here with this broker, now i can finally setup my strategy here and let my EA make me money
↑ Back to topIn regards to Jordan review about Loyal Bank.
Loyal Bank is a REAL bank, you can Not money laundering on this bank, they are more strict than many US or EU banks... since they are registered on st Vincent it doesnt mean they are easy and let you to do money laundering there... Move your stupid fraud business some where else, and let honest customers use this Bank.

This is by far the best broker I have ever used. I trade with them for fx and futures. The customer support is amazing.
↑ Back to topPlease note that a review posted by "Jordan" is in regards to a bank named "Loyal Bank". Loyal Forex is and has never been associated or affiliated in anyway with "Loyal Bank".
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I have deposited over 10,000 and withdraw multiple times, trading offshore is the best. I wouldn't trade anywhere but loyal forex
↑ Back to topEveryone who thinks about opening an offshore account at the Loyal Bank should REALLY think twice as this bank is not reliable.
They have often frozen the accounts of their clients for no particular reason, it has happened so often that they are really known for that. Ask Capital Conservator.
They have constantly technical issues and to top it all, they are Qualified Agent for the IRS meaning that they report everything to the IRS. These are the big lines.
I know a few people who have been disgusted by this bank and could tell their own HORROR STORIES.
They do have a license in St Vincent in the Caribbean however they are not a real bank.
They have used a Turkish bank BIN (Bank Identification Number) to issue their card for years and if you wire more than $5,000 to your account, they automatically freeze the amount until you can prove that the funds are really yours.
Do not open an account with them, do your own research and find a REAL offshore bank that can assist your need, because the Loyal Bank is not the one.
Scam broker , Don't believe , 70 % reviews are fake or posted by the same person, Spreads are high, trade not instant execution its 20-30 sec delay. Beware of this folks, all reviews are 5 stars, its not by real person. Don't loose your money
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Been looking for a broker that I can ea and scalp. Signed up here and got rolling right away with good profits. Withdraws very fast, easy by email. Yea i will recommend
↑ Back to topThey will take yr profit if u start to get bigger in Equity. Sending emails saying that u violated their agreement. The agreement has been updated to point 25. talking about EAs ,arb,pick&snip techniques, which actually making money in the market. Simply said. They will rip u off yr profit in case u make some. Btw point 25 in agreement was recently added . Beware of these crooks !!! Dont get even close to them . We will work against this company to get them out of the business !!!
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I have been with Loyal Forex for a few days now. The sign up process was fairly easy and very fast, yes my account was live within 1 hour so was the one I opened with IBFX (Big Deal). On LoyalForex I have been watching the Market to see how they respond and quite honestly I feel more comfortable trading with them then I did IBFX or DBFX. For one when I entered a trade the market did not suddenly spike and hit my SL, instead it did exactly as I expected and yes I am still in the trade and in the green :) . I did have a technical problem with the Equities (Stock Market Feeds ) not showing on my live platform (MT4) they were aware of it and after swapping emails with two of their account reps for the past two days, I can promise you they will make every effort possible to make things right! If you trade with IBFX they add an extra 3 pips to your SL without you knowing this and they will admit it when cornered but will do nothing about it! DBFX hunts for stops and their suppot team seemed like it consisted of 1 person. I lost money on DBFX and IBFX but once I saw what was happening I closed the accounts.
Based on my experience to date, even with the technical issue that seems to be isolated to me ( I am lucky that way ), I still give them a 5.
So that is my 2 pips, if I see anything that smells a little fishy then I promise I will be the first one to post it here and on Babypips.
All of this people are rating this broker 5 star, but they have not even explained well what feature of the company they liked. They seem like know nothing about this companies features to frankly tell the truth. All of you guys seem to me affiliates or paid actors.
In the past 2008 I traded with forex.com and lost some money and stopped. There were a lot of reasons why I lost; software freezing, order fulfillment problems, pips increasing unexpectedly all the time many more things to mention.
But you guys are not telling the truth. Very suspicious! stay away from these posts. They are scams.

We would like to update clients that we are now a full private brokerage as of October 1st 2010. We will continue to offer very low spreads (now ECN) and our main goal is to be an honest broker that looks out for their clients first. We now have metatrader, java webtrader and Iphone platforms. There are nearly 200 symbols to trade with.
↑ Back to topSaibatou doesn't know how to read. On their web site they clearly state that they are an introducing broker for prime4x.
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I compare this broker from my own experience of years trading forex and stocks . I'm pleased to say that they are completely recommended by me.
↑ Back to topThey deceive you into beleiving that they forex brokers. After completing their forms, the platform that you download is that of Prime4x, a real Scam. Loyal Forex, a front for a scammer, is itsef a scammer.
↑ Back to topThe review of CLIMBER shows that this broker is scam and he claims he has proof. Climber must understand that if you blame anybody by simply saying you have proof, then show that proof and blame them. Other wise you will turn as scam review writer. You must understand that these reviews are looking by serious investors and if you search the whole reviews in internet about Loyal Forex, you will see that most of them there are very good reviews about them.
↑ Back to topI wonder how all of these people who give a high star rating to this dealer never mention the fact that every time you call their number nobody answers the phone? Also they are located outiside the US, in Dubai, with no real physical address, just a PO Box. Doesn't this raise a red flag yet? And they are not registered with NFA, or any other regulatory body, so when you open and fund your account you are taking a HUGE risk of not seeing your money again.
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Best broker I have been with. Metatrader 4 platform. Very low spreads, fast customer service. Accepts credit cards. I was trading in 24 hours & haven't had any problems
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