FxGecko

Feel free to use FxGecko APP to check the regulatory license, MT4/5, related companies and other information of forex brokers worldwide!

If you encounter any problematic brokers, you can file a complaint on the FxGecko APP to seek a solution.

10/12/2025

⚠️ : No Custody, No Withdrawal?
A trader reports serious issues with Axel Private Market. After depositing funds and trading normally, the platform suddenly required clients to place their accounts under custody with a partner foundation for 3 months.

Those who refused were limited to withdrawing only 5% per week, plus a 3% high fee. Even after a withdrawal was marked “approved” more than 10 weeks later, the money never arrived, with no explanation.

Axel Private Market has not responded to this complaint.

⚠️ Risk Alert:
1. Legitimate brokers do not force account custody with third parties.
2. Restricting withdrawals or charging hidden fees is a major red flag.
3. FxGecko data shows Axel Private Market is only registered with SVG FSA, which does not regulate forex trading, offering no real investor protection.

Would you trust a broker that controls withdrawals this way?

09/12/2025

⚠️ Trader Report: Under Fire
A trader has raised concerns about GMI, citing several serious issues:

1. Outage + extreme spreads, causing multiple accounts to fall into negative balance.

2. Orders allegedly altered: EA order comments disappeared. Some trades closed at take-profit but still showed losses, raising doubts about fair ex*****on.

3. No compensation offered: GMI reportedly blamed the exchange, refused to restore balances, and informed clients hours after the outage.

The trader questions whether orders were executed internally during the market halt, leading to unfair pricing and a failure to protect clients.

As of now, GMI has not responded. According to FxGecko, GMI has 37 complaints on record. Traders are urged to stay cautious.

What’s your take—technical failure or unfair ex*****on?

08/12/2025

This Week’s Focus: Super Central Bank Week ⚡

Will the Fed Deliver a “Hawkish Cut”? Markets have largely priced in a 25 bp rate cut from the Fed this week. But internal disagreement among policymakers could make the message harder to read.

Analysts warn this meeting may be tricky to interpret, and any surprise could trigger sharp market moves.

Elsewhere, central banks in Australia, Brazil, Canada, and Switzerland are widely expected to hold rates steady. Investors will watch their tone closely for hints on the global outlook.

Keep an eye on shifts in expectations for Fed cuts next year, along with ongoing geopolitical developments.

How do you see markets reacting after the Fed decision?

05/12/2025

⚠️ IC Markets Slippage Complaint — Normal or Not?

A trader says their IC Markets account was wiped twice after depositing $2,000 + $4,000, claiming the platform showed abnormal prices and heavy slippage during the trades.

Examples given by the trader:
① Orders meant to close near 4085 were executed at 4082.44 and 4080.10
② A hedged position was force-closed at 4091.6 without any stop-out alert

The trader believes all actions followed platform rules and is questioning whether these price gaps were reasonable.

What do you think—normal slippage or something unusual?

Reminder:
👉 Weekend markets have thin liquidity, making slippage and price spikes more common.
👉 Always keep screenshots of quotes and ex*****on details. These can help if you need to file a complaint with regulators.

04/12/2025

🚨 Traders report issues with

A trader reported depositing $10,000 into FP Markets on November 27 and trading under an ECN-RAW account. According to the trader, this account type allows short-term trading.
After making a $786 profit, the trader requested to withdraw the $10,000 principal. The request was rejected, and the trader says the account was then locked, making it impossible to log in.

FxGecko data shows 41 public complaints related to FP Markets. Investors should pay attention to the platform’s risk level and complaint history.

What would you do if your account was locked after a withdrawal request?

03/12/2025

⚠️ Forex Broker Review:

A trader reported earning $800 on Pocket Option, then getting their account suspended with no clear explanation.

FxGecko data indicates that PO TRADE lacks a verified regulatory license, and its claimed IFMRRC/SVG credentials do not offer real investor protection.

More Details: https://www.fxgecko.com/en_US/articles/374599.html

These factors do not automatically mean misconduct, but they do create a higher-risk environment for retail traders. Exercise caution.

02/12/2025

⚠️ Investor Alert:

A trader reported that Lirunex opened an order at a price level that should not exist in the normal market quote. The platform later offered “credit compensation,” but the user said the funds cannot be withdrawn. The trader believes this was malicious slippage and asked for full compensation.

So far, Lirunex has not responded to the complaint.

Reminders for traders:
1️⃣ FxGecko shows 6 complaints against Lirunex. Stay alert to related risks.
2️⃣ Any “compensation” or “credit bonus” that cannot be withdrawn is not real. Always request actual fund compensation.
3️⃣ Keep full quote records and screenshots of orders as evidence when defending your rights.

01/12/2025

🔥 Market Watch This Week

Powell’s speech, PMI, ADP jobs data, and PCE inflation—how will the market react?

Investors are closely watching how US economic data and Fed officials’ comments may influence rate cut expectations, along with any geopolitical developments.

Traders are still uncertain about Powell’s stance on a December rate cut, but since the Fed is now in a blackout period, his upcoming appearances may not provide clear policy signals.

28/11/2025

⚠️Crypto Trader Report:

A trader’s OKX account was suddenly restricted—over 40,000 USDT frozen with no warning. OKX claimed “risk control”, but gave no clear reason and told him to wait 60 working days.

So far, OKX has not publicly responded to this case. According to FxGecko, there have been multiple similar complaints about withdrawal delays and account restrictions.

Investors should stay alert and carefully assess related risks before depositing or trading on any platform.

27/11/2025

⚠️ Investor Report:

One investor claimed that after trading on CXM Trading, their account was frozen on the second day after earning profits. The investor says they signed an agreement for the full return of funds, but two months have passed with no payment.
Customer manager reportedly responds infrequently, and emails remain unanswered.

So far, CXM Trading has not given any public response.
According to FxGecko, there are 52 complaints filed against the platform. Investors should stay cautious and evaluate related risks.

26/11/2025

🚨 Forex Broker Review:
Recent traders reported withdrawal issues after profits were made, with JetaFX platform policies reportedly changing after the fact.

📍 New domain (2023)
📍 No confirmed regulatory license
📍 1 MT5 server, limited transparency
📍 Complaints show withdrawal requests were denied after profitable trades

More Details: https://www.fxgecko.com/en_US/articles/374502.html

25/11/2025

⚠️ Trader Report:

A trader reported that BB Markets’ account manager encouraged them to open an account by promoting “observation accounts” and recommending a trader to follow. After depositing $2,000 and copying the trades, the account was wiped out in just one day. The trader then blocked the user, leaving no way to communicate or seek a solution.

So far, BB Markets has not responded to this complaint.
FxGecko data shows 9 customer complaints have been filed against this platform. Investors should stay alert and carefully assess potential risks.

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