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ForexBrokerz.com complaints 2

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8:57 pm EST
Verified customer This complaint was posted by a verified customer. Learn more

ForexBrokerz.com scam - fake review site

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.

2. 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?

3. Similar recent reviews
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?

4. 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

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.

5. 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.

Read full review of ForexBrokerz.com and 1 comment
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Mar 04, 2019 8:03 pm EST

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. I have uploaded the screenshot to help your understanding.

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.

2. 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?

3. Similar recent reviews
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?

4. 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

You can check these reviews on the link below. There are much more if you search forexbrokerz review on google.
- ForexBrokerz.com — Forexbrokerz.com SCAM Alert
- 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.

5. 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.

ComplaintsBoard
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4:38 am EDT
Verified customer This complaint was posted by a verified customer. Learn more
Featured review
This review was chosen algorithmically as the most valued customer feedback.

Forexbrokerz.com is a SCAM company defaming legitimate companies and breaking laws of intellectual property by reposting content on their website (By Sonya Ninova) and then posting this at the bottom of all pages; "COPYRIGHT All textual content on ForexBrokerz.com is copyrighted and protected under intellectual property law. You may not reproduce...

Read full review of ForexBrokerz.com and 10 comments

Is ForexBrokerz.com legit?

Our verdict: ForexBrokerz.com's operations, reviewed by Complaints Board, reveal a mostly legit stature albeit not without reservations. This assessment encourages users to navigate ForexBrokerz.com's offerings with a discerning eye, especially scrutinizing the fine print and any user feedback closely.

ForexBrokerz.com earns 63% level of Trustworthiness

Good Credibility Notice: ForexBrokerz.com rated around 63% by Complaints Board. Generally safe, but exercise caution in information sharing.

A long registered date for forexbrokerz.com can be seen as a positive aspect for ForexBrokerz.com as it indicates a commitment to maintaining the website and its domain name for a long period of time. It also suggests that the company is organized and has taken steps to secure its online presence.

The age of ForexBrokerz.com's domain suggests that they have had sufficient time to establish a reputation as a reliable source of information and services. This can provide reassurance to potential customers seeking quality products or services.

Forexbrokerz.com has a valid SSL certificate, which indicates that the website is secure and trustworthy. Look for the padlock icon in the browser and the "https" prefix in the URL to confirm that the website is using SSL.

Forexbrokerz.com has been deemed safe to visit, as it is protected by a cloud-based cybersecurity solution that uses the Domain Name System (DNS) to help protect networks from online threats.

However ComplaintsBoard has detected that:

  • Forexbrokerz.com has relatively low traffic compared to other websites, it could be due to a niche focus, but could also indicate a potential lack of traffic and popularity. The forexbrokerz.com may offer a niche product or service that is only of interest to a smaller audience.
  • ForexBrokerz.com protects their ownership data, a common and legal practice. However, from our perspective, this lack of transparency can impede trust and accountability, which are essential for establishing a credible and respected business entity.
  • Complaints Board has received reports that the website may be a possible fraud. To protect yourself, consider using a different website. If you find that the website is indeed fraudulent, report them to us, to help protect other consumers.
  • We conducted a search on social media and found several negative reviews related to ForexBrokerz.com. These reviews may indicate issues with the company's products, services, or customer support. It is important to thoroughly research the company and its offerings before making any purchases to avoid any potential risks.

Overview of ForexBrokerz.com complaint handling

ForexBrokerz.com reviews first appeared on Complaints Board on Mar 26, 2013. The latest review scam - fake review site was posted on Mar 4, 2019. ForexBrokerz.com has an average consumer rating of 1 stars from 2 reviews. ForexBrokerz.com has resolved 0 complaints.
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