En línea desde: Acerca de la compañía: ZAR FX es una compañía de corretaje que inició sus funciones en 2013 e inicialmente trató solo con clientes institucionales, fondos de cobertura y compañías de inversión. En 2014, la administración de la empresa tomó una decisión estratégica para brindar una amplia gama de servicios para los clientes minoristas también, con condiciones comerciales favorables y acceso directo al mercado (DMA, por sus siglas en inglés). Al utilizar los métodos más eficientes de cotización y ejecución de órdenes en modo NDD (No Dealing Desk), el bróker transfiere todas las órdenes directamente a los proveedores de liquidez. Las órdenes se abren a los precios mejores de compra y venta, es decir, con uno de los proveedores que figuran con la cotización más rentable. Los principales proveedores de liquidez de ZAR FX son los bancos líderes mundiales, como Barclays, Bank of America, Deutsche Bank y CitiBank. The opinion of the review`s author is private and not obligated to reflect the position of the resource. If you have any remarks and suggestions on new articles please contact us via this form.
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I think to close my account, but I really hope they can fix the system and be a honest broker. I don't like their platform. It isn't easy to use. Server goes down often too. The customer services are not fast response. Many my complaint is not processed and they don't take responsibility.
ZAR FX is an inappropriate broker for making investments or makes money. Their staff is rude too. I've hassle on their spread, platform performance and withdrawal policy. when I want to open a position, The terminal was frozen. Also, I got variable spreads and their price isn't matched with real-time currency quotes. So I was getting a loss every day by the scalping strategy. Finally, I had lost all of my investment $250, while previous time I tried to withdraw my money but they didn't give payment to me. If I asked anything to support, they are unable to say anything. I am disappointed with dealing with the ZAR FX broker.
The spreads are too wide, you cannot trade during news and i think overall, they have low liquidity. I noticed that all my withdrawal requests has been delayed for over three weeks. Their live chat is slow and not always helpful. When I was asking for queries in a live chat window, it took several minutes before they responded and most of the times I don't understand the answers because they cannot provide me an accurate answer. I manage get some profits of $1000, when I request for withdrawal, the site showed an error and I just think it was my connection but then I refresh my browser then what I got is it already deducted from my trading account but there is no transaction history showing that transaction was done. They are useless.
I started my account at ZAR Forex with a $500 capital. this may be a small amount for others but as a small trader, I only opted for the minimum amount. Good thing I did because this broker turned out to be a fraud. It is good that they have stopped their operations now but I am just disappointed that there is no way anymore to retrieve my fund. I will be more careful on the next broker that I would choose.
I started reading reviews about ST Forex and called the support to ask for more information about their services. They assisted me and explained how their platform works. So I started to open a demo account but it was too buggy and got errors. I called the support again but I couldn't reach them to their email and phone call. After 2 days someone called me and told me to watch the basic videos but he told me that I will be charge $100 if I wanted to upgrade my tutorials. I didn't continue my demo testing because at first they told me that it was free and part of my program. They were just going to steal money from me.
ZAR Fx is defiantly market maker broker. I started to trade from $600 using my own customize EA and earn 55% of deposit in just in one month. When they notice that my EA working good then they started creating problem. I tried to enable with other pair it showing error messages. At the same time, I tried to enable on demo surprisingly its working on demo. These people are out liars. I also notice that they are not regulated by any institution.
I am unable to withdraw my fund from ZAR FX. I have been requesting for months now yet I kept being rejected. They kept asking for more documents to verify my identity but I already gave them everything. Passport, national ID, utility bills, etc. They kept looking for loopholes in my documents even just like a light scratch. I am planning to close my account but I think it still won't be processed.
ZARFX is a very problematic broker. Connection very slow, always reqoute and trade out even in calm situation. On 3rd December I send a withdrawal request of $360 through ZAR FX debit card they charged me fee $82 and yesterday they transferred me money back on ZAR FX debit card! I shall keep looking for better broker.
I am a trader in ZAR FX for a year now. I started small with a deposit of $500 and traded on my own during the first few months. During those months, I've earned profit by 20% every month. Then later on they proposed to manage my account. I considered it as I have become quite busy with my work as well. So I gave them the power to manage my account. After handing it over to them, I saw that my account was still earning steady profits. So all was well, right? Then I decided to withdraw $500 from the approximately $700 profits I have. That's when the problem started. When I sent a request, it wasn't acknowledged until after a week. And during that week's time, my account has started to drastically decrease in balance. So when they responded to me, my profit was already below $400. That was truly bothersome and so I asked to take back my account and evoked their power to manage it. But ever since then, they haven't responded again to my emails and even on Skype. And the management of my account is still not given back to me.
ZAR FX's trading system was very bad quality. I have joined this broker for almost 3 months but their trading systems have not been updated. I got many problem because that trouble system, in my first month everything gone well until their system become crazy and turn off automatically when the trade-in process. Once I collect the profits and bonuses in the contest, the results are even harder to be withdrawn because of the state of the server always fell ahead of time trading, and even more depressing is their customer support very difficult to contact. Moreover, the profit is given only a little, so very long profit increases. Better not to join them.
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