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InvestTechFX — Forex Broker

InvestTechFX:

Company: InvestTechFx Technologies Inc.
On-line since: 2006
Country of origin: Canada
Regulation: Registered in Canada under Canada Business Corporation Act.
Payment options: Bank transfer, PayPal, Moneybookers and credit cards
Minimum account size: $100
Minimum lot size: 0.01 lot
Leverage: from 1:1 to 1:500
Spreads: 1 pip on EUR/USD
Rating:
5.5/10 with 236 votes

Rate broker — InvestTechFX:
Categories: PayPal Forex brokers
MetaTrader Forex brokers
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Gold trading brokers
Forex brokers with CFD trading
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Opinions: See InvestTechFX reviews.

Advantages:

Disadvantages:

  • No important disadvantages

Click here to open an account with InvestTechFX


Reviews:

50 reviews of InvestTechFX are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


Phil S. from Germany01/29/2010

Testimonial - Continue your great service to aspiring forex traders because they need quality systems like yours not matched by any other forex sites. I'm a regular trader in the forex market myself and I know that it is only through your site that I was able to achieve success by earning sufficient profits or sometimes even huge profits when I am very lucky.

You web-based platform which is available for download help me attain my goals in currency trading. The information on your site notably the frequently asked questions section as well as your technical support are very valuable to me. I never thought that I could avail of a professional technical support round the clock but your site proved that indeed, any trader could seek help from you 24 hours a day when problems arise. This aspect alone already boosted my confidence in forex trading aside from the high security level you provide for traders and dealers.

Phil S., Germany


Adel El Barcha from Australia01/16/2010

Dear Sirs,

I did not request to remove my reviews, discussions, especially till now nothing received except hundreds of calls and emails, until that happen I want to keep every thing like it was and I will notify you by a written email message when that happen.

In concern of the thousands of customers who did not made bad reviews they may have lost all their money in trading or they are even or have no idea how to complain or the language prevention, as you know 95 % of the trader loose their money in the first 3 months of trading, the percentage of people who win do not exceed in any way 2-3 %.this clearing house or clearing department does not exist, try to apply for opening an account with them, the computer reply one of our staff will contact you and you will never be called even if you want to call them any time in different time scale, this is only to persuade people that their order are really straight through processing but in fact not, because those people running no real account but a demo account, the 95 % who loose their money, and who are even as well the rest small percentage of people like me have big profit because they are very aggressive and professional trader loose with them because if you win they loose and if you loose they win which is not true like they said on their website, and always have the excuse that the scalping fees is charged by the clearing department and if you want to call this dep. They always said one of our stuff will call you and nothing will happen.

It is the fact of this virtual company that is not allowed to work in Canada because there is no record in the Government legislator and regulator that this kind of company is registered in any place and have the authorization to let trader trade with them.

I knew that this company tried to persuade you and every reader that the problem is nearly solved to allow them to be able to remove them without paying any penny.

I urge you to keep all old reviews as it was.

TO ALL THE TRADERS

DO NOT REMOVE ANY REVIEWS UNTIL YOU GET PAID AND DO NOT ALLOW SCAMMER TO SURVIVE WHILE YOU ARE SUFFERING AND BROKING


Winters from UK01/12/2010

Had problems working platform when I opened account about 8 months ago, tech was on the phone with me at 1:30 in the morning to resolve issues and get me up and running. Lost a lot of my original deposit through some bad trades, but deposited more money, made back a few bucks and have been pleased with support, service and live chat is a nice feature. Have recommended a few of my friends to ITFX and they are pleased with service and ease of trading as well.


Lucia Lejour from Ontario, Canada01/09/2010

Demo account is a great tool to learn about InvestTechFX Forex. New at trading so will be using this tool till I get comfortable to do some trading and make money. Great customer service and always very helpful. I would recommend anyone to open a demo acct and start trading internationally. This company has been around for awhile and therefore I find them trustworthy. Thank you.


Ed, from USA01/09/2010

Been doing with this company

for more than a year and have

good things to say fast deposit or

withdraws

Excellent customer service.


Lenka from Czech12/29/2009

Erick,

you are better off going someplace else. I still not recovered any of my funds from them. But everyday passes by more people know about this, because I'm reporting them to agencies, posting messages to all forum I can find on the net.


erick from Boston12/29/2009

that was a close one! sorry 4 you guys, I was just about to invest all my money here till I came across this! thanks to you gus I will not.


Adel El Barcha from Australia12/18/2009

investtechfx is a group of gang tried to terrify me and my family because they know about my disability

.

investtechfx after stealing my money 23500 USD their manager who called Alan called me at noon he was very funny , tried to laugh on me and then told me we offer you 4000 usd and leave the rest without any reason, they charged me 22000 USD scalping fees although I was out of the scalping category by two emails sent to me confirming that, and he added by saying we want to sue you because you made bad reviews against us so accept 4000 USD or you will not get any penny, I told him it is irrelevant no way...

he told me there is no point to request the amount you have to try to be logic, I told him I want to finish peacefully with no dispute but give me my right and take your right, I told him I can pay the scalping fees from the start of my trading which is totaled 4000 usd and they already charged me like 1200 usd, and can you tell me what is point to loose customer like me making 10 Millions of dollars as volume per day?(please reader try to comment why?)

I told him try to call later now I am still on bed I hanged up the phone and switched off the recorder.

i was waiting for him, he called me at 3 o’clock after midnight I new it is him tell him wait and I turned on the recorder.

he told me look my lawyer wants to sue you because of the bed reviews I made against them, I told him I did not create any scenario like you do, I told the truth and just what happened and how you treated me and your customer, take what I donate for you and say thanks god for the generosity of this good man, but you do not want to take your right and give me mine you want to eat the whole lot.

he told me look you can go nowhere with your dispute I can send to Australia two body men and take two member of your family and see what we can do, and I can come to Australia to kick and fuck your head, I told him ok try and I hanged up and switched the recorder off.

After someone called from investtechfx said he is from legal department and was trying to terrifying me because my reviews I did not let him continue and I hanged the telephone up.

he called 3 to 4 times after, my wife waked up and answer, i told him i am not ready to answer any call from your side it 3 o'clock after midnight.

From this respectful site whatever will happen to me or to my family the only responsible is Alan and his gang.

I have a big family totaled about 100 persons if I die my life worth nothing but my family will not let you to take our rights.

for any clarification email me on

adelb5@msn.com


Lenka from Czech12/18/2009

I want to warn everyone about this company.

I wanted to close my account and withdraw all funds (2200 USD)they offered me only 500 USD, the reason that I have made few standard trades on the mini account. I have told them to show me all my '' unauthorized'' trades but never wanted to show me or explain my questions. After they offered me 1000 USD, I said no, so I'm still waiting for explanations and the money (since Dec 1st). My suggestion is to look for another broker not InvesttechFX from Canada. I got all the proof of emails if anyone wants to see it.


Adel El Barcha from Australia12/18/2009

Adel

December 17, 2009

30 years Total

7 months with this Broker

DO NOT GIVE YOUR MONEY TO STEALER

YOU WILL CRY AFTER FROM YOUR STUPIDITY AND THEY WILL LOUGH ON YOU.

INVEST YOUR TIME WITH HONEST PEOPLE NOT WITH INVESTTECHFX

INVESTTECHFX ARE SCAMS

I warn every trader to stay away from this Scam Company, if you loose your money there is no problem but if you ever win and try to withdraw they will create any excuse in the world to charge you scalping fee or made adjustment to your account until all your profit will be evaporated.

Never deal with two bad people they are running one business and create scenarios and steal traders’ money.

Never trust Mike or Alan after 7 months hard working they took my money 22000 usd I did not lost them.

This called Alan is a big liar he told me he wired 15000 usd to my bank account but all was lying even 3000 usd to my pay pal not happened they made sure to keep 1500 usd out from 23500 usd into my account.

and he made a compromise with me if I manage his relative account he will transferred the called money , he put in the account of his relative 5000 usd and he gave me the username and password after one week I made profit for his account more than 4000 usd but a problem occurs in my trading platform I cannot access more than one account and I cannot make more than one transaction even the smallest or to hedge, made many complains through chat , by emails by phone call everyday 2 or 3 times to Canada but the problem not been fixed. .after all they referred me to Mike to fix it because as they said he is in technical dep. asked about my both account I run he new directly that this account belong to Alan, and when Alan knew that he told why you told my very big enemy about our agreement I told him I just gave him the account number and he told me that this account belong to Alan. From here I knew that it was a trick and this scenario is been drawn by both. After two days they send me 15000 usd scalping fees and 7000 usd adjustment and the account of Kevin Green I was running

no more be able to access it.

EVERY ONE WANT TO HAVE PROOF AND STATEMENT SEND ME AN EMAIL I WILL BE HAPPY TO RESPOND TO ANY ENQUIRY.

EMAIL =adelb5@msn.com

or = paulbarcha911@hotmail.com


Sucks-to-trade-with-Investtfx from Canada12/17/2009

I have the same problem as Adel El Barcha from Australia. This company wins both ways. You lose Alan and Ronny take your money. You win Alan and Ronny take you money.

It is terrible


Ken Tan from Kuala Lumpur, Malaysia12/16/2009

I don't want to trade with this scam broker. Since Adel El Barcha from Australia is having such a bad experience with this forex broker, I think we should all stay away from this broker then.


Adel El Barcha from Australia12/15/2009

see how investtechfx.com have stolen my 22000 usd

start trading with them since 26/5/09 i deposit 1000 usd made profit on 20/10 i withdraw 1000 usd by paypal, then requested them to raise the leverage on gold to 200.1 they told me if u add 1000 usd we will raise it for you, but that never happened because i realized later that they could not raise that.

i kept trading made a lot of profitmy balance reach more than 18000 usd theu start to speak about scalping fees they waqnt to charge me 14770 usd they want to backdated from 26/5 since i open and charge me penalty because i was scalping and not declare it.i made the calculation how much would be the total fees should be from the start it was roughly 4000 usd i asked why this difference he told me it is a penalty.

after long discussion with them i reach a compromise with some one called Mike that if i keep trading in high volume he can put me out of the scalping category and this compromise is writen and prooved by an email from them that will end on nov next year.

when i asked to make withdraw everything collapsed back over my head and they told me you are commiyyed to do not make any withdraw from now to next nov.

i sent them replied email saying it was not a commitment that i cannot withdraw.

now another one called Alan try to interfere to solve the issueand he told me i fixed everything and you can keep trading and we will wire you 15000 usd and he basked me to manage an account for his relative called kevin green i told him alright because he is my account manager and should know that this kind of managing should be allowed and if there is anything wrong he will take the responsability not me, i did not know that he want to get me involved and it is like a trick.

afterone week reviewing my bank account to see if the wire transfer been credited or not he called me because i request him to clarifying to me what is happening is the problem from their end or not he told me these funds not been released by the clearing departmentand instead i realised that this 15000 usd instead of beeing transfer been charged back as scalping fees and on the top of that they deduct another 7000 usd as adjustment by the clearing department.

i ckecked my email they said that i abuse and this details of their email.

We are writing to follow-up our last email.

In our last email we advised you that as of that date, you had incurred clearing fees in the amount of $14,770.00. This figure has now been adjusted by the Clearing Department to $15,000.00 as you continued to scalp. In addition, the Clearing Department has rendered a decision to adjust your account an additional $7,000.00 for abuse. This is due to your use of an unauthorized trading code that could not be read by the Clearing Department. We would refer you to our Disclaimer regarding Trading Abuse. This information can be found on our website at: http://www.investtechfx.com/ITDisclaimer.asp. Specifically we refer you to paragraph 12 that reads:

12. Trading Account Abuse - Account holders are strictly forbidden to abuse benefits given in any manner whatsoever or to use it in any manner except as foresaid. Any active trading found to be done by heavy scalping/EA activity with unauthorized, unrecognizable or unreadable EA codes will result in trades related to these abuses being null and void, the immediate closing of the account, and the full refund of the initial deposit. InvestTechFX can cancel all trading account benefits at any time and take any actions necessary such as cancelling client transactions, adjusting client account balances, etc. that might be required in their absolute discretion do to abuse of benefits or use of unauthorized equipment or heavy scalping activity.

Your account has been set at 1:1 (no leverage) as a result of this activity.

You current account balance is $1,499.30. If you would like to withdraw these funds, please send an email confirming your desire to withdraw, and we will proceed with the request.

if you can of any help and need documents and proof i will be happy to forwards them to you,

and i am ready to pay a big percentage of the collected money.

regards,

Adel El Barcha


unhappy from earth11/29/2009

if you ever want to see your money again you may not want to invest with them.

i made too much money trading with them and they will not allow me to withdraw some of the profits.

it is like going to the bank and being told you have too much

money in the account, so you can not take any out.

beware!


James from Florida11/16/2009

I have been with Investtech for 5 months with scalping strategy. All my deposits have been credited within 12 hours, while withdrawals take a little longer, up to 3 days. In my humble opinion, that's pretty good.

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