Spam Notice. To secure your privacy FPA mailing list is maintained and
all emails to FPA members are sent through AWeber Communications, Inc. with world stringent Zero Spam Tolerance
policy. One click unsubscribe option is included in every email.
I do not have any experience using MasterForex.org as a forex broker. If you have used them to trade forex, please leave a review.
Miko, Indonesia
Rating:
Date of Post:
2009-01-05
Review:
I opened an account with MF based on contracts specification on their website http://www.masterforex.org/trade/specification
They write EURGBP spread is 3 pips. Guess what, actual spread for real account is 10 pips!! This is a great way to mislead people. I've decided withdraw all my money but they still pending my withdraw request for more than 12 hours now. Avoid this broker at all cost.
Review Moderation Team Note: Please update us later about the status of your withdrawal.
iskandar, malaysia
Rating:
Date of Post:
2008-11-29
Review:
hi felix, this is scam broker. i wrote my experience being scam by them at my site. u can check http://mymetafx.com/content/view/142/218/. Withdraw all your money now before too late
LIZZY UGWU, NIGERIA, WEST AFRICA
Rating:
Date of Post:
2008-11-12
Review:
DEAR FOREXPEACEARMY,
thanks for being so responsive to my distress call on my encounter with masterforex.org. after series of online dicussions and chats with their support panel, they finally assured my that they would send my withdrawal request of $6,000.00 USD yesterday,11/november/2008. i even sent them a copy of the complaint that was published in forexpeacearmy website. so as at the close of yesterday 11, november, 2008, the requested amount has been deducted from my trading account. thus iam still expecting it in my local bank account. whenever i receive it, i shall also give a feedback message to forexpeacearmy.i am indeed grateful for your efforts in providing the forum for traders to get help in times of distress. thanks to felix homogratus, and all other members of this great team.
lizzy ugwu,
NIGERIA
2008-11-05 1 Star I AM STILL ON MY WITHDRAWAL ISSUE WITH masterforex.org,EVEN COUPLE OF DAYS AFTER SENDING MY LAST REVIEW TO FOREXPEACEARMY, I HAVE TALKED TO THEIR SUPPORT PERSONEL,SENT THEM SEVERAL MAILS,AND EVEN CALLED THEM ON PHONE, THEY RESPONDED BUT HAS BLUNTLY REFUSED TO SEND MY WITHDRAWALS ,THIS IS THE SECOND WEEK SINCE I REQUESTED FOR FUND WITHDRAWAL FROM MY TRADING ACCOUNT. " FOREXPEACEARMY SHOULD PLEASE HELP ME TAKE UP THE CASE"
2008-11-03 1 Star MASTERFOREX has refused to honour my withdrawal request after over one week. i do not know what to do. i requested $6000.00 withdrawal and they said there is a queue, and even as write, the account is just there and i cannot even place a trade because whenever i try to, it will be showing ( NO CONNECTION) meanwhile price movement is intact, and the chart is moving. FOREXPEACEARMY PLEASE HELP ME GET MY MONEY, I NEED YOUR HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
omoruyi, nigeria
Rating:
Date of Post:
2008-10-26
Review:
MASTERFOREX.ORG is worse than scam. the word SCAM is too mild, compared to what they did to me between 20th october 2008, to 25th october 2008. i requested a withdrawal of $3100 from my trading account, on the 21st october,2008, and as at 25th october, they still refused to honour my withdrawal, saying there was a queue, I also sent my verification documents , but they refused to verify my account since 17th october. worse of all,on the 25th of ocober,2008, i placed a trade using eur/jpy and gbp/jpy, and i made over $6000 usd, with good leveraging, and when it was time to close my trades, they refused to allow me close my trade. they gave me REQUOTE for over 3 hours, until market started retracing against me .i lost all the profit and part of my start up capital. THIS IS WORSE THAN A NIGHT MARE. now i want my balance capital back, please someone should tell me how to go about getting my remaining capital out of their custody.
Stevern Chasni Sun, China
Rating:
No Rating
Date of Post:
2008-10-01
Review:
Absoluately Scam ! You can deposit but never witdrawal, lose your money in trading or just leave them in account ... they don't pay you !
Frank Ntekim, Nigeria
Rating:
Date of Post:
2008-09-23
Review:
The worst broker out there.
SCAM!!!
Beware! These guys encourage u to deposit with them, only for them to steal your money.
My withdrawal has been pending for over seven months. Traders beware.
pippo, indonesia
Rating:
No Rating
Date of Post:
2008-09-09
Review:
I think Masterforex is good broker, if you doubt with him you can join with Link to Pippo's IB referral page at another brokerage omitted this broker very famous in the world and legal.
Review Moderation Note: Pippo, this page is for reviews of one broker, not for you to spam your referral links to another broker.
This is one of many reasons why we have to moderate and filter reviews.
yast77, malaysia
Rating:
No Rating
Date of Post:
2008-07-07
Review:
I had withdraw my money at last 2 day, but until now still are pending... May i know when can i get my fund ???
Review Moderation Team Note: Yast77, can you please update us on the status of your withdrawal?
andre, indonesia
Rating:
Date of Post:
2008-07-03
Review:
i have over 6 month experience with this broker,, and the services are good.... i can deposit and withdrawal normally.. for people who can't withdraw,, you should look at yourself,, you have break one of their rule...
Risk Warning. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all
investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in
foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign
exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Disclaimer All information posted on this website is of our opinion and the opinion of our visitors, and may not
reflect the truth. Please use your own good judgment and seek advice from a qualified consultant, before believing
and accepting any information posted on this website. We also reserve the right to remove, edit, move or close
any post for any reason.
Spam Notice. To secure your privacy FPA mailing list is maintained and all emails to FPA members are sent through AWeber Communications, Inc. with world stringent Zero Spam Tolerance policy. One click unsubscribe option is included in every email.