ForexCent Review 2021

Overall rating

Overall rating

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/10

Analysis of the Main Features of the Forex Broker

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Overall rating

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/10

Execution of orders

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/10

Investment instruments

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/10

Withdrawal speed

0

/10

Customer Support work

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/10

Variety of instruments

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/10

Trading platform

43

Position in rating

0/10
Overall rating

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of ForexCent Trading Company

ForexCent was founded in October 2006 as an introducing broker of a LiteForex brokerage company. In 2010 the company decided to substantially expand services for traders and founded its own dealing center – Forexcent. The challenge is to provide traders with the most advantageous conditions of trading at international Forex international market.

Attention!

“ForexCent” broker has become a scammer. This company has ceased to fulfill its obligations to customers and partners, and has stopped making payouts.

ForexCent Latest Comments 2021

0
3
0

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of ForexCent published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

My last experience with ForexCent was that the market first hit my take profit and then returned to my stop. And guess what? The profit was not executed, and then my stop was blown away. I complained and they said the marketing was too fast to make a profit. I've been trading for over 5 years now and I knew this was a typical trick brokers play with you. I closed my account with ForexCent and never came back.

There was nothing good about ForexCent. I tried to trade here seven years ago. Trading conditions were terrible, the platform was constantly disconnected from the network. It was not possible to open trade deals.

ForexCent was a troubled company. Trading conditions did not match those stated on the site. Although they tried to work in the market, they left anyway!

Analysis of the Main Features of the Forex Broker

0

Overall rating

0

/10

Execution of orders

0

/10

Investment instruments

0

/10

Withdrawal speed

0

/10

Customer Support work

0

/10

Variety of instruments

0

/10

Trading platform

Dynamics of the Popularity of ForexCent
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Comparison of ForexCent with other Brokers

ForexCent FxPro XM Group Admiral Markets UK AvaTrade
Trading
platform
No MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option
Min deposit No $100 $5 $200 $100
Leverage No From 1:1
to 1:500
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
Trust management No No No No No
Accrual of % on the balance No No No No No
Spread No From 1 point From 1 point From 0 points From 0 points
Level of margin call
/ stop out
No 25%  /  20% 100%  /  50% 100%  /  30% 25%  /  10%
Execution of orders No Market Execution, Instant Execution Market Execution Market Execution Instant Execution
No deposit bonus No $100 $30 No No
Cent accounts No No Yes No Yes

Broker comparison table of trading instruments

ForexCent FxPro XM Group Admiral Markets UK AvaTrade
Forex No Yes Yes Yes Yes
Metalls No Yes Yes Yes Yes
Crypto No No No Yes Yes
CFD No Yes Yes Yes Yes
indexes No Yes Yes Yes Yes
Stock No No Yes Yes Yes
ETF No No No Yes No
Options No No No No No

Tags:

forexcent.com forex cent ForexCent Forex-Cent www.forexcent.com

The Oldest Reviews of the ForexCent

The reviews by customers of the ForexCent indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of ForexCent published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

ForexCent was a troubled company. Trading conditions did not match those stated on the site. Although they tried to work in the market, they left anyway!

There was nothing good about ForexCent. I tried to trade here seven years ago. Trading conditions were terrible, the platform was constantly disconnected from the network. It was not possible to open trade deals.

My last experience with ForexCent was that the market first hit my take profit and then returned to my stop. And guess what? The profit was not executed, and then my stop was blown away. I complained and they said the marketing was too fast to make a profit. I've been trading for over 5 years now and I knew this was a typical trick brokers play with you. I closed my account with ForexCent and never came back.

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FAQs

Do reviews by traders influence the ForexCent rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about ForexCent you need to go to the broker's profile.

How to leave a review about ForexCent on the Traders Union website?

To leave a review about ForexCent, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about ForexCent on a non-Traders Union client?

Anyone can leave feedback about ForexCent on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with ForexCent through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.