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forexbrokerz.com review SCAM? GOOD?

forexbrokerz.com review SCAM? GOOD?
As a trader in the Forex market, I have done numerous amounts of research to search for the best broker that best suits me. While I was ongoing with my research for brokers, I came across a few interesting yet ridiculous forex broker review websites such as, www.forexbrokerz.com and www.theforexreview.com
They are making absurd reviews about any brokers and I will explain my reasons to avoid such review websites like the 2 that I mentioned above.
  1. Similar Broker adv
    These two broker review websites tend to write bad review about minor brokers saying that they are a scam. On the other had, they have same brokers that they are recommending at all time such as XM, fp market, and easymarket. They do advertise for the same broker on both websites, adding different major brokers so that they do not look suspicious.
https://preview.redd.it/gwsts7yaz7k21.png?width=1809&format=png&auto=webp&s=66ba1b92d4d6bb354d72a8a9d77d5982f9049697
  1. Star rating of brokers
I have checked all brokers that I know listed on this website, and I have found some interesting patterns. They exclusively rate 5 stars for all major famous brokers even though there are also many bad reviews about them on other review websites and around the internet. This means that the admin has control of the rating system of the website, not rated by the users of those brokers like us. Additionally, they are rating only 1 or 2 stars for all minor, non-famous brokers, so that their sponsored brokers such as fpmarket and easymarket can be placed higher in the rating system. It is quite funny that their website is only full of polarized rating.
The main purpose for traders to search the broker review website is to see the honest reviews rated by other users, but this website provides fake information with lack of knowledge. What’s the use of this review website if that is the case?
  1. Similar recent reviews

https://preview.redd.it/0m58kr2cz7k21.png?width=1392&format=png&auto=webp&s=4b240c797f43e68e843c12f291f348abd04858e8
I was reading their recently written broker reviews and I have found that they are repeating the same reviews of same broker. If these websites are actually unrelated, how can there be 7 out of 10 similar broker reviews written together recently?
  1. Reviews of these websites
I have searched the reviews of these websites and found out many people are actually thinking this website as a scam.
Forexbrokerz

https://preview.redd.it/2ajcjgicz7k21.png?width=838&format=png&auto=webp&s=5f84fecbe057f1adfec66d96badbedaf0f766ae9
You can check these reviews on the link below. There are much more if you search forexbrokerz review on google.
- https://www.complaintsboard.com/complaints/forexbrokerzcom-forexbrokerzcom-scam-alert-c663863.html
- https://www.trustpilot.com/review/forexbrokerz.com
- https://www.swiftcointalk.org/swiftcoin-discussion/forexbrokerz-com-scam-alert/
I have seen many reviews with a comment from the forexbrokerz manager. I guess he is concerned with this situation, so he is writing comment for clarification of his jobs which I guess is also FAKE.
  1. No reply of E-mail
I have been using a certain broker for few years and I am very satisfied with this broker (not going to mention it here) but this scam review website wrote a bad review and wrong information about them. So, I sent an email asking to fix the incorrect information listed on in the review. They still have not replied back to me and it has been over 4 months. I also sent an email saying that I want to post an advertisement on the website and yes, they have not replied to this email too. I tried many ways to contact them, but they never reply. Why? Because it’s a website operated by those sponsored brokers, and they don’t need any adv to be posted on their website.
In conclusion, forexbrokerz and theforexreview is SCAM. Do not trust them, and don’t enter this website no matter what. They are only posting bad reviews about other minor brokers so that they will get more clients. The brokers they are sponsoring does not even have any good trading conditions. They chose to do this nasty solution because they know that their trading conditions are not very competitive among other minor brokers, providing amazing spread and promotions.
submitted by deserved_channy to Forex [link] [comments]

XM land of Scammers  Online Fraud and Cheating in Forex Trading Business Tutorial TOP 100 forex scam brokers 2019 - YouTube XM com Broker Full Bangla Review Scam or Trusted ? - YouTube XM.com Forex Broker Review - Should You Trade With Them? SCAM ALERT AGAINST XM.COM Forex Scams to Avoid!  How to Spot a Forex Scam! 🚨 - YouTube XM FOREX SCAM SAIAM DELA URGENTE! - YouTube

Forex Scam Brokers List. The number of forex scams you can find with just a straightforward search on Google is shocking. There are plenty of forex trading scams criminals out there who wait for novice traders so that they can defraud them. In a market where over $5 trillion moves daily, there are bound to be people who want to take advantage of honest traders. Aside from the fact that XM Group is a group of regulated online brokers, there are plenty of other compelling reasons why they topped our list of recommended forex brokers today. To begin with… The wide range of tradable instruments, the multiple online trading platforms, the fast processing of withdrawals and the highly flexible trading conditions are just some of its strong advantages. Is it safe to trade with or it is another scam? Find out in our review. Try the demo account and receive a bonus. Skip to Content. XM – Broker Review and Trader Feedback. 4.1 / 5. Visit Site → XM is a multiple-regulated forex and CFD broker which was founded in 2009. The company is the official sponsor of star athlete Usain Bolt. 1. General Information About XM. XM Group is a group of ... You can always check the current status of your bonus clearings and trades by logging into your account under the account history tab. The $5,000 bonus is earned by trading positions and then closing trades. You receive a $10 bonus credit for each standard lot you trade. In order to earn the entire $5,000 bonus you will have to trade 500 standard lots. What Are The Drawbacks Of XM Forex? It ... Top 7 Forex Scams To Avoid Today. As Forex markets promise to give you an incredible return on investment, they became trendy in the last few years.However, often Forex traders don't have a great understanding of how Forex markets work and what a Forex broker does exactly, which leaves the latter a lot of room to scam the trader. Awards. Overall, XM achieved a great focus on the Client’s needs while offers very competitive conditions and a range of services that attract global traders.Apart from its highly good results and reputation among the trading community, XM received truly global recognition with many reputable awards for industry achievements including Best Forex Broker for Europe, Most Trusted Broker, etc. We will check this in the following experience report exactly. In addition, the broker is very active in distributing advertising and sponsorship. Especially for customers, the broker is even to be found at seminars or financial fairs worldwide. XM offers trading in currencies (Forex) and CFDs on commodities, precious metals, energies, stocks, and indices. Currently, over 1000 different ...

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XM land of Scammers Online Fraud and Cheating in Forex Trading Business Tutorial

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