Severe Slippage

EBC

EBC acts like a "Baht hunter" in the foreign exchange market. Last month, I traded USD/THB on the night of the non-farm payroll report. I set my buy order at 36.50 baht per dollar, but the system displayed a trading price of 36.72. The 22-pip pricing error cost me 44,000 baht, which was three months' profit from selling handmade essential oils in Siam Square. Even worse was the withdrawal issue. I requested a 200,000 baht withdrawal, but the platform stated, "5% cross-border processing fee deducted," despite their advertisement clearly stating "no withdrawal fees." EBC doesn’t even hold a basic Thai financial license. According to Thailand’s SEC, they are renting a virtual office on Sukhumvit Road in Bangkok to deceive customers. Over the past 30 days, I executed 25 trades, and 17 of them had abnormal slippage, averaging 18 pips per trade, totaling 186,000 baht in losses. The customer service rigidly replied in English with just "Normal market." EBC exploits slippage to steal money and deducts funds upon withdrawal. Thai friends should absolutely avoid it!

Unable to Withdraw

Headway

Every time I try to withdraw, it keeps getting declined with some random message like this. They don’t let you access your own money easily, and support is of no real help. Feels like they just block withdrawals on purpose.

Others

FIBO Group

My trading account number is 3048898. I opened a position in the US stock MSFT on the 30th, and my order was maliciously liquidated by FIBO before the US stock market opened. I did not open the position on a weekend or a holiday. There was no such tactic as weekend and holiday liquidation. I opened the position on Tuesday evening during the US trading session, and you did not change the margin until the US market closed. Instead, you deleted the order during the non-trading time the next afternoon. It is clear that FIBO deliberately caused this, resulting in my heavy losses. The platform refused to respond. I urge all traders not to choose this broker with no credit.

Scam

Dupoin

Dupoin destroyed my savings. In May, I placed a long position on the AUD/IDR with a stop-loss at 10,500. The market low was 10,512, but my position was closed at 10,480. The 32-point reverse slippage resulted in a loss of 3.2 million rupiah. Their "low spread account" is actually worse than a regular account. After I upgraded my account in March, the USD/CAD spread increased from 12 pips to 25 pips, adding 13 pips to my fees per trade. Over the course of a month, the extra spread alone amounted to 6.8 million rupiah. Now, only 47 million rupiah remains of my 120 million rupiah investment. Every complaint I make is forwarded to different customer service representatives, with no resolution. Dupoin has no physical office in Indonesia, making it impossible to reach anyone if I have any issues. A warning to all my friends in Bandung, Indonesia: Don't be fooled by their high-leverage promotions. This is a scam platform that exploits slippage and spreads to extract money.

Scam

Stockla

I was never able to withdraw my capital, they changed my broker twice, and neither took responsibility for what they told me, and then they closed my account.

Others

Deriv

Deriv's customer service is an insult to my intelligence. My account was suddenly frozen in May, citing "identity update required." I submitted my passport and proof of address five times, only to be told each time by a different representative that the documents were "incomplete." I even had a video call with them once, but they still said they couldn't verify the information. Their leverage scheme, advertised as 1:1000 leverage, was secretly adjusted to 1:50 during trading. This resulted in my April crude oil trade being forced to close due to insufficient margin, resulting in a loss of 7,300 Australian dollars. When I pointed out their fraudulent practices, the representative simply hung up on me. This platform doesn't care about customer rights; they're only interested in swindling more money.

Severe Slippage

KVB

I'm a trader from Indonesia, and I'm disappointed with KVB's trading environment. The malicious slippage caused me to lose my account due to a major market fluctuation. I had already placed a short position in the EUR/USD market with a stop-loss at 1.1050. However, as soon as the data came out, the price skyrocketed. Normally, my stop-loss would have been triggered around 1.1048, but KVB's transaction price directly hit 1.1067, effectively shutting me out. In all my years of trading, I've never encountered such outrageous slippage on a reputable platform during the non-farm payroll period. Furthermore, KVB's spreads are typically higher than other platforms, with EUR/USD spreads generally ranging from 1.8 to 2.2 pips, while other platforms typically range from 1.2 to 1.5. The quotes are often low when I'm going long, and high when I'm going short. My trading history has resulted in additional losses exceeding $2,300 per month due to this.

Severe Slippage

Tickmill

Tickmill has always had a good reputation in the Indonesian forex community, which attracted me to open an account. Their so-called "low spreads" are conditional, but their real killer feature is slippage! On the night of the non-farm payroll report, I placed a short position in gold with a stop-loss at 2640.5. After the release of the non-farm payroll data, gold prices skyrocketed. Normally, my stop-loss should have been triggered between 2641 and 2642, but the platform's transaction price was directly at 2645, a 4-point slip. My account was completely liquidated, with a loss of nearly $1,500! I took screenshots of the Reuters market data and the platform's transaction records at the time, and the two completely mismatched. I also placed the same position on other platforms (such as IC Markets and Pepperstone), and they executed at almost the same stop-loss price, while Tickmill's slipped by 4 points. If you're looking for a stable trading environment, Tickmill is definitely not the

Others

Headway

I deposited 10,000 Canadian dollars in January 2025. Their app looked professional, but it was actually a phishing scam. In November, when I tried to close my position, I discovered my account had been wiped out and all my trading records had vanished. The data was lost during a system upgrade, but they refused to compensate me. I shared my experience on Reddit, and my colleagues also told investors like me who were coming to Indonesia from Canada and the United States not to trust this broker. My bank card information was leaked, and I made multiple unknown transactions. The Canadian bank said Headway's payment channel was unsafe. Don't believe their lies, or your trading journey will be a disaster.

Severe Slippage

EBC

EBC caused me to lose $22,000 Canadian dollars. Their "no slippage" promise was a lie - in the gold transaction on April 12, I set the purchase price at $1,950, but the actual transaction price was $1,962. The 12-point slippage directly swallowed up my stop-loss space. EBC also deleted all negative reviews. Their customer service system is completely useless. I made 23 international calls, and when I got through, they only said "please email." Of the 17 emails I sent, 12 fell on deaf ears and 5 were automated replies. Even worse is the withdrawal process. I applied for a withdrawal of $8,000 in April, but only received $1,200 in June. The remaining amount was deducted as an "international transfer fee" at a rate of 35%. This is blatant robbery! I advise all Malaysian traders not to be fooled by EBC's low spreads. This is a typical fraudulent platform that specializes in defrauding retail investors.

Others

KVB

I must expose KVB. My US dollar funds were transferred to a jewelry company in Hong Kong and then returned to the platform through an offshore account. When I requested proof of the funds' movement, they refused to provide it and instead froze my account. The platform's overnight fees are ridiculously high. Holding one lot of gold costs $35 per day, five times the industry average. I calculated that overnight fees alone have cost me $18,700. KVB has been fined for "opaque fees" in the CFTC complaint file, yet they continue to operate unchecked. Now my $18,00 is stuck in my account, and customer service says "I must trade another 100 lots before I can withdraw my funds." This is clearly forced trading! It's a massive scam.

Others

Headway

I urge everyone to avoid Headway. It's a scam disguised as a forex trading platform. I first encountered Headway at a forex investment sharing session in Malaysia. The instructor boasted about "monthly returns of 15%-30%." However, I was deeply saddened by Headway's deceptive practices. Their "no-deposit bonus" required a 30-lot trade before withdrawal, but the spread was three times the normal amount. I ended up losing 3,200 Australian dollars to withdraw my $500 bonus, and was also charged an 800 Australian dollar "account management fee." The platform's leverage adjustment is completely arbitrary: 1:100 during the day, then suddenly dropped to 1:10 at night, resulting in forced liquidation of three of my overnight trades. The platform even advertises on Google, which is outrageous.

Unable to Withdraw

WELTRADE

WELTRADE's withdrawal issues have driven me crazy! I requested a $15,000 withdrawal in June 2025, but by August I had only received $3,800. "International taxes" were deducted from the remaining amount, and they couldn't provide any tax documentation. Customer service has been saying "it will arrive next week" for 12 weeks now! Even worse is their "account upgrade" scam. They tricked me into paying $5,000 to upgrade to a "VIP account," promising lower spreads and priority withdrawals. Instead, the spreads increased by 2 points, and withdrawals became even slower. Forty-three users on the Malaysian and Los Angeles forex forums have fallen victim to the same upgrade scam, collectively losing over $100,000. Don't trust this platform anymore.

Severe Slippage

Dupoin

I've never seen a platform as shameless as Dupoin in Australia! Their leverage terms are a complete trap—they advertised a maximum of 1:500, but in actual trading, they suddenly dropped to 1:20. This forced liquidation of my March crude oil trade, resulting in a loss of 6,700 Australian dollars. When I questioned them with screenshots of their promotional materials, they said "terms have been updated," but I never received any notification. The platform's spreads are outrageous. During the non-farm payroll period, the EUR/USD spread reached 12 pips, six times that of other legitimate platforms! I calculated that the unreasonable spreads alone cost me an extra $3,200. Even more disgusting, their mobile app secretly and automatically trades. I noticed three unfamiliar trades, and customer service claimed they were "system-recommended trades." This is pure theft!

Unable to Withdraw

INVEXIA

They invited me to invest in stocks with small amounts, around 18 thousand in a month. Later, they said I was assigned an IPO by lottery that I didn't request, amounting to over 120 thousand, and because I didn't participate, they have held onto my money. They offered me loans to pay for those stocks and withdraw them a day later. That's how they did it with a small amount—now they want me to put in more money, and they'll do the same thing to me.

Scam

Wealth World Financial

⚠️ Wealth World Financial: Misleading Advice, Broken Promises, and a $13,000 Loss I am writing this review to warn others about my deeply distressing experience with Wealth World Financial and their advisor, Faizi. Under Faizi’s guidance, I invested and borrowed a total of $13,000 USD, based on his repeated assurances of guaranteed profits. He encouraged me to borrow from friends and use credit cards, promising to take full responsibility for the trades. The trading involved gold, silver, and aluminum, yet Faizi failed to provide proper risk management—no clear stop-loss (SL) or take-profit (TP) levels were given. During critical trading periods, Faizi was often unreachable, with his phone switched off. He promised I could withdraw $5,000 USD by March 31st to repay loans, and an additional $8,000 USD in profit—none of which materialized. My account was completely wiped out. After the loss, Faizi contacted me again, urging me to invest another $10,000 USD, which I refused due to th

Scam

FXGT.com

I entered 0.9 lots of gold and got a profit of 1089.37$ but then FXGT called me in violation because I was trading with another account. They placed an order of 1.02 lots and got negative 1400$ and revoked my profit. The order entry time is different, the profits and negative numbers are different but they say it's the same person, which is absurd.

Scam

Trade245

I was trading with this broker since 12 April without any single withdrawal i was compounding my profits for increase good profits unfortunately what email i received. I was using hedge buy/sell long strategy which all broker allow without any problem. But the just sent me a Email that’ my account is deactivated and my trading accounts is been disabled this is pure scam

Scam

QT

hold my withdrawal of funds since 18 December. have no good faith to pay. there was no response at all, they only wanted the customer's deposit. My first withdrawal submission on December 18 was deleted without any explanation. then I filed again on December 24 . until now there is no explanation.

Severe Slippage

Skyline

⭐ 1-Star Review: Skyline Trading Ltd – Coercive, Unethical, and Withholding Funds I invested $2,025 USD with Skyline Trading Ltd and grew my account equity to $8,583.30 USD, which included a $1,000 broker credit. Despite this, my experience has been deeply manipulative and financially damaging. After I posted a public review about unresolved withdrawal issues, I was contacted by a staff member named Hussain. He pressured me to delete my review, promising that Skyline would process my pending $3,000 USD withdrawal and remove the running losses caused by trades placed by their Relationship Manager (RM)—trades I did not authorize and were not my fault. Yet, the broker framed the removal of those losses as a favor, not a correction. Following this, I initiated a $3,000 transfer from my trading account to my wallet and then to my bank account. While this partial withdrawal was processed, the majority of my equity and profits remain withheld. My wallet now shows a balance of $0 USD,