Fxroad

CT House, Office 4B, Providence, Mahe Seychelles, 690, Victoria, SC
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0.00
Based on 50 Reviews

5

78.00%

4

14.00%

3

2.00%

2

0.00%

1

6.00%
About Fxroad

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Rajasekar P
India | 13 April 2025

Further to my reviews in August and September 2024, I’m surprised to see a sudden rise in four and five-star reviews for FXROAD. Given my own devastating experience, this raises serious doubts. I trust Trustpilot will take appropriate steps to verify the authenticity of these reviews and ensure that none are fake or manipulated. I want to reiterate that my experience with FXROAD has been deeply disappointing. I suffered a major financial loss — approximately $58,000 — with the vast majority of it effectively trapped or erased. Only a token withdrawal was ever processed. The rest, including the profits I had booked? Completely gone. The entire operation is riddled with red flags: Deposits are routed through random personal bank accounts in India — never through any verified corporate account. No verifiable contact numbers — only temporary internet-based numbers that can’t be traced or called back. No legitimate executive or compliance officer is ever available to address concerns. Assigned "Account Managers" are often unreachable, especially in urgent situations. Once funds are deposited, withdrawals become virtually impossible, no matter what your account balance shows. Support only seems to exist when encouraging you to deposit more funds. At one point, FXROAD did promise a partial refund after I raised concerns about forced losses and unethical practices. A draft settlement agreement was even prepared — but since then, there has been no progress, and complete silence from their end. All of this has been reported to FSA Seychelles, but sadly, there has been no visible action taken. The regulatory silence is concerning and raises valid questions about oversight and enforcement. FXROAD appears to rely heavily on vague terms & conditions and generic risk disclosures to avoid responsibility, while potentially violating: Banking and foreign exchange regulations Tax transparency standards And possibly anti-money laundering protocols From what I’ve seen, their operations seem primarily focused on targeting Indian investors, draining deposits, and evading accountability. My advice: Avoid FXROAD Seychelles. Don’t fall into the same trap. Indian investors, in particular, should exercise extreme caution, not only due to the financial risk but also the potential implications of engaging with such non-transparent operations. I waited fairly and patiently until 9th April 2025 for a meaningful resolution — but the silence continues. If FXROAD still wishes to resolve this professionally, I remain open — but only through legitimate, written email communication. Silence and delay, however, cannot be the final answer.

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Lweone
Brazil | 13 April 2025

My withdrawals have always been processed within the expected timeframe, which is a huge plus. I’ve used brokers in the past that delayed payouts without reason, so I appreciate the transparency here. The only improvement I’d like to see is a more modern mobile app—it works fine but could be more user-friendly.

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Nenny
Philippines | 13 April 2025

No issues so far. I would recommend it for anyone looking for a stable trading environment.

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jenny
Brazil | 12 April 2025

Spreads on minor forex pairs could be improved, but for majors, they are great.

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Ghyfrud
Philippines | 11 April 2025

Fast withdrawals and good support. No unnecessary fees, which I appreciate..

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John Smith
India | 10 April 2025

Overall, I’d say this is a fair broker with competitive fees and reliable execution.

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Chirag Mohan
India | 09 April 2025

Yes, the simplicity of the FXRoad platform is something I consider top in my list. The not very experienced person could easily use it! [nit()]

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Aaron Carrara
Brazil | 09 April 2025

My preferred platform for negotiations is FXRoad. Everything works well, and the resources are excellent!

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Zaad Reddy
India | 09 April 2025

A secure, efficient, and professional platform. FXRoad is a great choice for anyone serious about trading!

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Ethan Coleman
India | 08 April 2025

It’s a reliable broker, but I’d like to see more educational materials added to their website.

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