Abstract：Have you witnessed a failure of order closure by the E-Global Forex executive? Did you see an unprecedented rise in a forex pair not available on platforms other than that of this broker? Did the slow trading server prevent you from closing your trade at a favorable price? Has the broker scammed you after earning you from your investment? Many traders have expressed disappointment over the unfair forex trading practices at the US-based forex broker. In this E-Global Forex review article, we have shared some complaints against the broker. Take a look!
Have you witnessed a failure of order closure by the E-Global executive? Did you see an unprecedented rise in a forex pair not available on platforms other than that of this broker? Did the slow trading server prevent you from closing your trade at a favorable price? Has the broker scammed you after earning you from your investment? Many traders have expressed disappointment over the unfair forex trading practices at the US-based forex broker. In this E-Global review article, we have shared some complaints against the broker. Take a look!
Top Forex Trading Complaints Against E-Global
The Surprising Order Closure Issue with E-Global
The lack of effective communication can be a mess for traders, as evident from this complaint. A trader recounted an incident where the customer support official failed to communicate effectively in English, leading to no order closure over the phone. The trader was denied moving his capital as the brokers official claimed it would take 30 days for the fund release. However, the broker scammed the trader in 30 seconds. Disappointed by the turn of events, the trader shared a negative E-Global review. Here is the screenshot.
The Unprecedented Forex Pair Price Spike Claim
A trader reported having seen a spike in the forex pair price by as much as 200 pips on the E-Global login. Such a spike, according to the trader, was not available on other platforms. Seeing this as a suspicious trading activity, the trader commented online. You can see the complaint below.
Fund Scam Allegations Against E-Global
The trader claims the broker frequently issued requotes, disrupted connections to harm EA trading, and targeted profitable accounts. After withdrawing profits, the trader warns others to avoid the broker through this review.
The Trading Server Issue
A trader also pointed out how the server issue prevented him from closing positions in a live and active forex trading market. Although the trader did not highlight the extent of the loss due to this, speculations of massive losses cannot be ruled out. Check out this E-Global review to know more.
WikiFX Shares the Review of E-Global: Score & Regulation Status
After studying the complaints, the WikiFX team investigated the broker on several aspects, including the regulatory status. The team found E-Global to be an unregulated broker. Seeing the massive investment risk involved with this unregulated entity, the team gave it a score of just 1.57 out of 10.
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