258 brokers
23583 reviews
Broker
Broker
Adviser

Independent rating of Forex broker FX Private

2/10 (votes 100)

On-line since
2011
Country of origin
Ukraine
Regulation
-
Payment options
wire transfer, Privat24, WebMoney, Liberty Reserve, Yandex.Money, internal transfer
Minimum account size
$10
Minimum lot size
0.01 lot
Leverage
1:500
Spreads
from 0.2 pips
Ukrainian broker FxPrivate was established in 2011. It is headquartered in Kyiv.
This broker offers its clients one of the most popular platforms among traders, MT4.  There are 42 trading instruments available for FxPrivate investors.
Traders can choose among three types of trading accounts. The company offers FXCent account for the beginners with the minimum deposit of $10, and FXClassic and FXPremium accounts for more experienced forex traders with the deposits of $1,000 and $50,000, respectively.
The broker does not forget to reward its investors, there are bonus programs launched at FxPrivate. Moreover, the company offers its clients to take part in a special program which allows investors to create a common business with the broker in the field of online trading.

Comments

Author: Madison Date: 2022-02-22 00:52:21 (UTC+3)
I hate to lose money because of faulty broker's systems. The system is quite slow and unreliable, and very often there are slippages and requotes. One time, it took these geniuses 10 seconds and 45 pips later to finally close my stop order. When I complained they simply said that they are not responsible for anything even if they caused the problem. This is total cheater. Stay away from these idiots. Their customer service is worst, and I hate this broker. I wasted my time and money for trading in this broker. The broker absolutely unprofessional brokers, traders do not get good service from its customer care and do not get a satisfactory profit after paying the minimum account size.
Author: Pare Date: 2021-11-02 01:06:28 (UTC+3)
They just care about their benefit and ignored clients' demands. They are not regulated, they do not have any trading contests or bonus campaigns and the customer supports they provided were not competent. So still I never made a profit yet, moreover, I have been lost my initial investment of $100. Their staff is obviously not qualified and they behave rude with their clients. It seems that they’re only after your money and when they can’t get your money, you’re no longer as important.
Author: Alma Date: 2021-09-08 08:11:52 (UTC+3)
It is not worth investing at FX Private. The company has a chaotic communications system. As a beginner, I tend to ask questions about trading and the customer support representatives do nothing but pass me on to one another. I don't know if they do not know how to answer my questions or if they are just lazy to do their job.
Author: DSerea Date: 2021-06-29 02:59:26 (UTC+3)
I assume that this broker is scam. Please, don’t waste time or money with this broker, they are a bad broker! I'm absolutely disappointed about them. There has no real solution, they just give me short answers which did not help at all. I can’t get money, and I tried calling back but they did not pick my calls! Yesterday when I was login into MT4 Platform for trading and I am surprised to see fort financial services financials services. This broker's execution worst and huge delay almost 5 second as I am scalper it is not good when having a bad execution.
Author: Eugenia Date: 2021-05-18 06:18:39 (UTC+3)
FX Private is only suitable for beginners. I think it is only a great avenue for practicing one's trading techniques but it is not a great company to grow your investment. If you are already a professional trader, then you might not be satisfied with the services of this broker.
Author: Wenhart Date: 2021-03-01 03:52:08 (UTC+3)
I personally would prefer, if my broker was regulated by a serious authority. I would not recommend this broker. They are slow and their customer support does not try hard enough to solve their client’s issues. I also doubt their security systems, many trading accounts were suddenly frozen without prior notice. It is unfortunate. I would not recommend this broker.
Author: Renee Date: 2021-01-21 05:25:36 (UTC+3)
FX Private tricks their clients with the low minimum initial deposit. They make you think that you will not need to shell out a huge amount of money when in reality, once you have an account, you won't be able to start trading if you don't deposit the amount that they really want. I knew I would not have a great future with this kind of broker so I just closed my account.
Author: Amanda Date: 2020-12-01 07:22:53 (UTC+3)
I am a day trader of FX Private broker and here I've experienced better execution in the forex market. I have invested $ 200 in a classic ECN account and till now I am able to manage $430 in my account. It is possible for their fixed spreads and stable platform. Their payment service is good enough in a short time via Skrill, I had withdrawn $250 profits. I say that FX Private is profitable for me and also safe for dealing in the forex market.
Author: Gressham Date: 2020-11-05 04:20:16 (UTC+3)
This one is a scam and traders should beware. Their leverage also not competitive as the maximum leverage can be set up is 1:500 and it will give me disadvantage in open position will have a limit. I loss around $1200 because of their platform that freeze. I couldn't trade a day in real account due to slippage. It's a kind of cheating. I can't recommend anyone to trade with this broker. I must say this broker is really terrible.
Author: Rodica Date: 2020-09-28 05:49:58 (UTC+3)
There are time when the trading platform at FX Private would crash. This has been an issue ever since I started trading with them. For a while, it was fixed but it is a reoccurring issue. So after being fixed, it will once again malfunction after some time. And lately, it has already been affecting my trading activities.

Leave a comment

empty
Start trading
without any investments and risks
With new Startup BONUS 1000$
empty
Get Bonus
55%
from InstaForex
on every deposit