While Forex Steady insists that it provides “top team professional service” and operates worldwide, we have no information about the company itself, which immediately puts a red flag on the brokerage. For further details, read our Forex Steady review and find what’s behind this illicit operation and how to get your money back.
Broker status: | Unregulated |
Regulated by: | Unlicensed brokerage |
Scammers Websites: | www.steady168.com |
Blacklisted as a Scam by: | No Info |
Owned by: | Forex Steady Global Limited |
Headquarters Country: | N/A |
Foundation year: | N/A |
Supported Platforms: | MetaTrader5 |
Minimum Deposit: | N/A |
Cryptocurrencies: | Available |
Types of Assets: | FX, commodities, indices, shares, cryptocurrencies |
Maximum Leverage: | N/A |
Free Demo Account: | No demo account |
Accepts US clients: | Not Accepted |
Forex Steady Regulations and Security
Forex Steady says to be owned by Forex Steady Global Limited. However, our knowledge stops there as we have no headquarters, regulatory jurisdiction, or governing law. Since this is the case, your funds are at high risk because you have nowhere to complain if you are scammed. Besides, the company doesn’t provide us with some basic trading conditions, such as leverage and the minimum deposit, meaning that even if you want to start investing, you will need to talk to broker’s employees and be evaluated on how much money you can afford giving.
Beware of Forex Steady scams and avoid this illegal firm! In addition, we recommend that you avoid scam brokers, such as Agfia, GrandTrade and Qteck.
Fund Withdrawal Issues With Forex Steady
If you’re already involved with Forex Steady, then you know how hard it is to get your funds back. Once you decide to invest, broker’s employees will be keen to assist you and guide you through everything. However, when you decide it’s enough investing and submit a withdrawal request, you can expect two scenarios with the same outcome – either your request will be denied, and your account manager will try to persuade you to wait with it, or your account access will be blocked. Either way, you will not get your money back, which is the whole point of investing. To make a profit and to actually withdraw it.
Unfortunately, with the expansion of Forex trading, we have a lot of brokers such as Forex Steady who are established with the utmost goal of extorting funds and disappearing.
Traders About Forex Steady Scam
According to Forex Steady reviews, clients are not delighted with the service. It’s not just that there’s no minimum deposit, leverage, spread, or any other relevant information, but broker’s employees cannot give a proper answer. Of course, if you decide to still go for the offer and invest any amount you’ve been asked for, you won’t be able to make any withdrawals. As previously explained, that’s not something Forex Steady broker will allow.
How To Know If You Have Been Scammed Online?
One of the biggest questions every trader has is how to know when you’ve been scammed? How to know when the right time to file a complaint is? Besides obvious problems, such as withdrawal issues, you should pay attention to the general trading experience. If you notice that you cannot log in to your account frequently or that there are trades you’ve never opened yourself, it’s a potential sign of fraud.
Instead of waiting to become the next victim, you can file a dispute and request a chargeback when something like this happens.
Scammed by Forex Steady? – Tell Us Your Story
To wrap it up, if you were scammed by Forex Steady, let us know. Our consultants will book a free consultation with a chargeback specialist who will find the best solution after hearing your story.
But What Is A Chargeback?
This is a way for your bank to reverse the fraudulent transaction and gets your money directly from the merchant. Since the process is not as simple and requires a lot of financial and legal knowledge, we advise you to get professional assistance. Since every case is unique, we would like to know your particular one and help you find a tailor-made refund solution. Get in touch before it’s too late!
What is Forex Steady?
This is an online trading brokerage without financial license or regulations.
Is Forex Steady a scam broker?
As the company is unregulated and has many negative reviews, we can say it’s a fraud.
Is Forex Steady regulated?
Company is not regulated and you have no guarantees of being reimbursed in case of a scam.