InvestTechFX Reviews - Forex All Brokers - Forex Brokers

Reviews

(2.8 stars vs. 3.3 category average)

(1)

(0)

(2)

Intermediate Trader

4/27/2010

0 of 0 customers found this helpful (0%)

Pros:: Low spreads, Easy-to-use platform, Good customer support, Fixed spreads, Good transaction reporting
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: I first opened an account with these guys back in April 2009.

I have to be honest and say that I didn't like their service at first, but all this changed.

All you have to do is adhere to their terms and conditions like every other broker. I often find that people complain about brokers, because they have lost their heads whilst trading. Or they want to withdraw all their funds even though the broker has just given them a sign on bonus.

The execution is a little bit slow, but the small spreads more than make up for it. I don't know of a company which offers 1 pip spreads across all majors.

I found this review:

Expert Trader

2/15/2010

2 of 2 customers found this helpful (100%)

Pros:: Low spreads, Good customer support
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: Good broker, I had no problems with deposit and withdraws. It was actually very fast and easy.

I found this review:

Intermediate Trader

2/3/2010

1 of 1 customers found this helpful (100%)

Pros:: None
Cons:: Slow cash withdrawal process
Bottom Line:: No, I would not recommend this to a friend
Quote:: InvesttechFX (IVT) is a scam company. I strongly advise traders to withdraw fund immediately or those who intend to open with them, not to do so.
1.Clientsâ€™ funds are deposited into TD Canada Trust as instructed by IVT but they moved these funds out, without clientsâ€™ knowledge or approval, to the clearing department of a third party trading outfit.
2. IVT claims on their web-site that they insure clientsâ€™ funds up to USD100k. Legal background check has shown that they are NOT a member of Canadian Deposit Insurance Corporation (CDIC), in which they claimed they are. Further check with CDIC web-site also reveals that CDIC only insures Canadian dollar deposits and not deposits in any other currencies!

IVT is NOT a regulated broker and they do not have proper business practice. Their website claim on fund insurance very deceiving and their business practice is unprofessional and unethical.

I found this review:

Intermediate Trader

11/29/2009

0 of 0 customers found this helpful (0%)

Pros:: Easy-to-use platform, Fixed spreads, Web-based platform
Cons:: Poor customer support, Slow cash withdrawal process
Bottom Line:: No, I would not recommend this to a friend
Quote:: if you ever want to see your money again you may not want to invest with them.
i made too much money trading with them and they will not allow me to withdraw some of the profits.
it is like going to the bank and being told you have too much
money in the account, so you can not take any out.
beware!

of all the brokers that i have used - for forex
or for stock trading investtechfx is the worst