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FX Leaders Review – Are They Scam?

FX Leaders Review – Are They Scam?

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Today we have a website called FX Leaders, formerly known as FX Market Leaders (Smart Financial Traffic LTD). This website claims that they have what it takes to make you successful because their signals are highly accurate, and are able to help you make critical trading decisions.

The company is located at 168 1/5 Handelskai, Vienna, Austria. At least this is a good start since most crappy signal providers just don’t bother telling their users where they are based out of.

However, this should not be the only criteria for evaluating a signal service. There are many other things that we look for when recommending a service. We are mainly concerned with trading performance among other things.

fx leaders review

FX Leaders review

There is a tactic that this website uses to rope in traders. This tactic involves offering free signals on the site so that traders can keep coming back and figuring out whether or not they can opt for their paid service.

Of course nothing is wrong with this marketing tactic. But you have to know that at the end of the day, the decision of whether or not you will upgrade to a premium account is with you.

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FX Leaders claims that when you upgrade, you will have access to a wide range of incentives. You will get real time email and phone alerts whenever a signal has formed.

In addition to this, the website says that traders who have upgraded to the premium package will get sound alerts whenever a signal is ready. What is more, they will receive a Market Leaders Trading Guide which they say is valued at $49.

This Market Leaders Trading guide consists of 10 chapters and a bonus too. As a subscriber of FX Leaders, you will gain access to real life examples, trading tips, case studies and practices.

This is all that is available on this trading guide. We now assume that this trading guide consists of Forex trading basics which help in manual operations and also in reading and interpreting signals. It’s the only way a newbie can benefit from this signals service — if at all those signals are accurate as claimed on the website.

Breaking down the service for you

There are 3 different subscription services. The first package allows users to subscribe for one month. This will cost $39.90. The second plan goes for $24.90 and lasts for 3 months. And of course the last one is charged at $9.90 and lasts for a year.

And of course FX leaders say that if you open an account with their broker, Trade.com, you will get 12 months of free signals. This is their premium service.

However, we see that this is a way of enticing you to trade with Trade.com. You may not want that broker for some reasons. But since you’re using a ”free signal service”, you may be forced to sign up with that particular broker which isn’t a good thing.

Successful traders should have the freedom to choose the brokers  which they want to do business with even if it means that this due diligence will cost them money and time.

We do not like the idea of being restricted to a particular broker simply because we’re using a free signals service.

What concerns us most is that FX Leaders does not mention the pairs, time frame or strategy used to generate their signals.

You see, this information is very important when it comes to determining the quality of service that a signal provider offers.

We would have been comfortable with this vendor if they offered more information about the service. This makes our analysis easier.

We would like to know which approach that FX Leaders is using to generate signals. And secondly, we would like to know who the traders behind this service are.

You see, so many people claim to be experts of trading Forex. But it doesn’t mean that they are indeed experts in trading. You cannot believe them until they produce proof of what they are saying.

In terms of pricing, FX Leaders is being ridiculous. The price for 1 month membership is almost $40. But if you opt to subscribe to 3 or 12 months plan, all of a sudden price drops drastically. We do not know why this is the case. We presume that FX Leaders does not see the need to charge for their signals when you already generate commissions for them via your trading activities on trade.com.

Trading results for FX Leaders

These people have been operating this business for some time now. The problem is that we do not know why they don’t provide trading results or keep records of how their signals have been performing.

The only thing that this signal provider says is that they compared users of their signals who hold premium accounts and realized that their performance was better than those who held regular accounts but were using signals from FX leaders.

Now, the question is, where is this performance so that we too can check it out and do our own analysis?

fx leaders where-are-the-trading-results

The point is, there is no need in these guys telling us that they compared results yet they are not even willing to provide us with a link to their myfxbook account so that we can do this comparison ourselves.

This is an escapist behavior. By saying these things, FX Leaders is hoping to get away with no trading records to prove their alleged success. The point is; we need these results. And if we missed those results because they were hidden somewhere on the website, please comment below and we will revisit it again.

Customer feedback

We believe that customer feedback is very crucial when it comes to evaluating a Forex signals service.

At the moment, FX Leaders are being rated 2.7 out of 5 stars. This is poor rating because most signal service providers who offer working signals simply score 4 and above. This one is lagging behind at 2.7.

It makes us wonder whether this is the reason why FX leaders was not willing to post live trading results on their site.

Users tend to complain that FX leaders do not deliver enough signals, meaning that these signals are far in between.

Secondly, the same users claim that the risk to reward ratio for these signals is very poor. This places subscribers at a disadvantageous situation because they cannot work with entry points that bring the most about of pips.

Our opinion

In as much as this website looks very professional, we do not recommend them simply because they don’t have proof that what they say is the absolute truth.

fx leaders testimonials

Of course we cannot trust user feedback/testimonials on this site because they only pick the best while avoiding showing the worst. We are 100% confident that these testimonials are often edited before they can go live.

Our best advice for you

This website still misses the point despite doing some great work in polishing their professional look. They even have employees who update the news section on a daily basis. But don’t be fooled by this. It’s just a way of marketing and coming across as legitimate. We still vouch for our recommended Forex products — just in case you want to trade and make real money. These products have stood the test of time.

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59 Replies to “FX Leaders Review – Are They Scam?”

  1. Fx Premium:ti chiamano e non sai neanche da dove abbiano preso il numero; si presenta e dice di chiamare dall’olanda ma in realtá esce al cellulare Viterbo. Ok. Cerchi di non rispondergli male chiudendo il telefono e insistono. Ti chiamno con numero privato. Rispondi e ti minacciano dicendo che sanno dove abiti e devi pagare una multa perchè li hai presi in giro. Alla faccia del d.l. 96/03, loro sanno tutti i dati giá senza che tu abbia prestato il consenso a niente. Straordinario! Io aspetto solo che mi richiamino per fargli il c**o così!

    1. Hi! This is Sophia of fxleaders.com. To answer your comment, fx-leader.com has mocked and used our name fxleaders.com to scam people. They took advantage of our hard-earned reputation to lure people in paying them money in return for brokerage service. They’ve been reaching out to people and scamming them. We do not have any connection whatsoever to this broker. We recommend that you report them to the regulatory authority. I recommend that you address this review to Fx Leader directly as we are different from them. I wish this will clear the confusion that we are Fx Leaders with the “s”.

      You may visit our website at http://www.fxleaders.com and let us know how we can help you further.

      1. ⁹fx leader é pura mafia tiram di dinheiro das contas das pessoas e nunca mais o veem usam cartoes pre comprados de telefone para nao serem apanhados pela policia..por favor fiquem longr dessa gente eu estou a arder com 4500 euros

        1. Hi! This is Sophia of fxleaders.com. In respond to your comment, we are not FX-Leader, I wish this will clear the confusion that we are Fx Leaders with the “s”. We recommend that you report them to the regulatory authority. I recommend that you address this review to Fx Leader directly as we are different from them.

      2. Hi sophia i saw a link on fxleaders website saying if i signed up with the preferred broker forex.com i would get access to the premium signals i did sign up for forex.com and cant figure out how to get access to the signals i have emailed customer service and haven’t gotten any response i only chose to use that broker because of the offer displayed on your website. Please et me know if i can get any a**istance with this as i am now scouring the internet to find out if fxleaders is a scam, hence why i found this page

  2. I opened an account with FXLEADER on May 2018. Before they even call me to show me how to trade with them, the funds were already dropped to $146.96 from $250 which I deposited. Their representative Peter called me, he couldn’t explain what happened with my money. However, he advise me to add money up to at least $500. I requested him to stop that account and refund the balance balance back to my bank account. They claimed thatthey deposited the funds into my bank card on the 9th July but my bank still confirms confirms that cannot be true. Even now I still haven’t got my money. They keep on saying it’s with my bank but my bank confirmed there’s no money showing from FXLeader. Be warned these guys are serious scam.

    1. yes, i do also have the same problem.
      already paid by paypal for one month subscription. but until now never upgraded and never have the signal alerts. beware this website is SCAM!!

    2. Hi Lawrence, this is Sophia from FxLeaders.com We are getting emails of complaints from users who are facing issues with this broker. We suggest you avoid this broker (fx-leader.com) and trade only with one of a large brokerage that is regulated and licensed by the main authorities in Europe or the USA.
      fx-leader.com has mocked and used our name fxleaders.com to scam people. They took advantage of our hard-earned reputation to lure people in paying them money in return for “brokerage service”. However, we Fxleaders.com is a popular news and market a***ysis portal, offering its community a variety of features such as live newsfeed, a***ysis, trading tools, real-time rates and charts, trading signals, strategies, and education.
      We do not provide brokerage or any kind of trading services. We do not have any connection whatsoever to this broker.
      We really hope for your kind consideration and help us get back our hard-earned reputation. We are with you in fighting this scammer and avoid unnecessary inconvenience for both of us.

  3. Fxleader.com

    When you see this site name. Fxleader.com
    Never talk to them hang up and don’t be rolled and get s***ed into their amazing personality. Within a week I lost $thousands .
    They are lovely to talk too BUT…beware!

    1. Hi! This is Sophia of fxleaders.com. I understand that you had to go through a bad experience and not getting anything in return. fx-leader.com has mocked and used our name fxleaders.com to scam people. They took advantage of our hard-earned reputation to lure people in paying them money in return for brokerage service. We as Fxleaders.com is a popular news and market a***ysis portal, offering its community a variety of features such as live newsfeed, a***ysis, trading tools, real-time rates and charts, trading signals, strategies, and education.
      I am asking for your consideration to take off and delete this comment from this page since you are referring to this broker – https://www.fx-leader.com/, but your comment appears in a review page for http://www.fxleaders.com. Which are not related to each other whatsoever.
      We really hope for your kind consideration and help us get back our hard-earned reputation. We are with you in fighting this scammer and avoid unnecessary inconvenience for both of us. To know more about our service please visit http://www.fxleaders.com.

  4. i did try fxleader seing that i did not have money in my bank account they could not help me. but my worry is that they have my card num now.will they be able to wiyhdraw or take money from my acc. please help i am worried

    1. Hi! This is Sophia of fxleaders.com. I want to bring to your attention an urgent matter.

      In line with your comment, fx-leader.com (without the “s” at the end) tried to “use and abuse” our reputation and took advantage of our name which we build for 7 years now. They are a scam and a non-regulated broker. When they left and disappear, we received numerous complaints and negative comment from angry customers like you. Blaming us fxleaders.com by mistake, which are not the same company nor affiliated to each other. We have no connection whatsoever with the scammer site fx-leader.com.

      I am asking for your consideration to take off and delete this comment from this page, since you are referring to this broker – https://www.fx-leader.com, but your comment appears in a review page for http://www.fxleaders.com. Which are not related to each other whatsoever.

      We are getting emails of complaint from users who are facing issues with this broker. We suggest for you to avoid this broker (fx-leader.com) and trade only with one of a large brokerage that is regulated and licensed by the main authorities in Europe or USA.

      We really hope for your kind consideration and help us get back our hard-earned reputation. We are with you in fighting this scammers and avoid unnecessary inconvenience for both of us.

  5. Open an account with FXLeader mid of August. Deposited USD 200, to try how true those “investor” said about getting 2 cheques weekly. Their senior consultant, Mr David Green, called and persuaded me to upgrade to silver status. They managed to get another USD 3000 from my card. I have decided to stop this trading account the next day and wanted them to refund back to my card. Till today, the status is still pending, even though they said that fast withdrawal in 5 business days. For those who ready got good returns, you are the lucky ones. For those who wanted to try their luck, please do with your spare cash, do not borrow from your bank, in case you don’t get anything back like me. To me this is a scam. Be careful and do not visit this site.

  6. I think you guys got scammed by the wrong app, cause as of now I’m a user of FxLeaders and I’m doing well with it, cause you know doing a trading will depend on your decisions, this app will just give you a signal and it’s up to you if you’ll believe it.

    1. are you mad, NEVER GET INOLVED WITH FX LEADER I LOST ALL MY MONEY NEARLY 9 GRAN. GOOD LUCK GO SOMEWHERE ELSE. Its the best xmas you will have.

  7. From their free signal upto their premium, I like how they’re doing their job. For me FxLeaders is one of the best signal providers, they may not be the number one but at least they’re not a scam. What matters the most is that you won’t be spending your money just for something that isn’t going to give you something in return.

    1. Thank you Aaron and we are also hoping to clarify that Fx Leader without “s” is different from Fx Leaders.

      Sophia
      Fx Leaders Support

      1. ich habe das auch verwechselt und bin bei Leader gelandet.
        mein Geld 1230,00€ ist noch da aber leider nicht Abrufbar Achtung Benjamin Müller ( [email protected]) werde Ihn Privat anzeigen wenn ich mein Geld nicht zurückbekomme.FX-Leader.com ist ein Spielautmat sein Geld anzünden macht den Gleichen Sinn.

      2. Hi Sophia. I can see you have been working so hard to retain your reputation. I have followed your free signals and I must confess you guys are the best. But my suggestion would be to use the proper authority to bring the site down and acquire the domain. You guys should also register all possible mock domain so that scammers will not have the chance to mock you site and ruin your reputation.

  8. Yes I lost $8000 after being sweet talked into handing over my money. It was a down and out scam. They are so good at it. Whatever you do do not give them any money what so . ever

  9. Thsi is by far the best signals providers i have followed, and i am trading for more than 3 years already.
    By the way, they are called fxleaders, not fxmarketleaders. Also, in addition to signals they have great other services.

  10. Make sense, a lot of bad comments about FXLeaders here, but guys FXLeaders is not a trading platform, be aware cause FX, Market Leaders is not FXLeaders, its not the same site. I just have a sad thought today reading this review, I hope people nowadays think me fore.

  11. At least there are some of the comments here that explains the real difference between FX market leaders and FXLearders. I thought I got the wrong system, and for additional information FXLeaders is not a trading platform and if you check the FX market leaders website you’ll notice that its not real, some of their clickable links are directing you to FXLeaders and they were using FXLeaders. Still 5 stars for FXLeaders.

  12. It has been sleepless night putting effort to be online searching for ways to get a recovery from a pit I have fallen in to made by binary brokers. One wouldn’t think much of this to be a scam. All I really wanted was to invest and be part of the success story but I was cut short of my expectations. This brokers are terrible l***s taking hard earned money from people all in the name of investment.

    1. Your experience with fxleader is something everyone should be alerted on. We understand that you trusted that broker/website and put on all your faith to receive what they had promised you. However, fxleaders.com is a fx news and a market a***ysis website. We don’t have any connection with fxleader.com. We already received a lot of comments and emails regarding this scam broker. Please be guided that we strongly suggest to report the correct website and only trade with brokers that is regulated and licensed by the main authorities in US and Europe. We are continuing our best effort to help forex traders be alerted on this scam broker. You may check our website fxleaders.com for your reference.

  13. I wish to alert traders of one of the worst forex scumbag; Fxleader. Once you make a deposit don’t expect to get a cent profit. They emptied the account one way or the other. They put you on a bot which they claim has a success rate of over 85% but the truth is,this bot actually deducts a fixed amount from your account on a regular basis until your trading account is empty. If you have tried to stop this bots, some big time brokers will take liberty to reset your pa**w*** without your consent,take what’s left to trade on your behalf and you don’t have to be a genius to know the outcome of this criminal act. All you do is lose,lose and lose.

  14. Enviei 200 para abrir conta num suposto broker, fxleader, mas afinal era um casino on line. Ainda me quiseram sacar mais 533 euros, mas anulei todos os cartões, crédito e débito. Vou queixar-me à deco e à polícia judiciária.

  15. I totally agree, I think people who should have contacted their support regarding any issues on the platform may give them answers to their problem. Don’t get confuse with FX Leader and FX Leaders as they are both completely different. FX Leaders is a tool that surely helps in the long run and as we all know that in this business, there is a risk. So far their Premium services surely is a big plus because it keeps you updated from their mobile app by means of push notification. Again, I am not saying they are perfect or the best but I can vouch them that they are not scam.

  16. BENÖTIGE DRINGEND HILFE
    Hallo,
    leider verstehe ich jetzt nach den ganzen Kommentaren nicht mehr welche Site empfohlen wurde? FXLeader oder FXLeaders?
    Bitte antwortet mir schnell, weil 500 Euro bereits eingezahlt habe und FX Leader mich in ein paar Stunden wieder anrufen wird und von mir weitere 1000 Euro haben möchte.
    Vielen Dank im Voraus!

    1. My name is Sophia, from Fxleaders, and I want to bring to your attention a very important information. In your comment, you are referring by mistake to a former non-regulated, scummy s***ty broker, called FX-LEADER (without the “S” at the end), which is not us, fxleaders.com.

      Please note that this comment is inaccurate and misleading (probably by mistake).
      I also want to ask you to consider to take off and delete this comment from this page, since you are referring to this broker – https://www.fx-leader.com, but your comment appears in a review page on http://www.fxleaders.com.

      These guys tried to “ride” on our reputation and take advantage of our brand, which we worked hard for 7 years to build. By disappearing, the left angry customers, some of them (like yourself) blaming fxleaders.com by mistake, without knowing that these are not the same companies, and that there is absolutely no connection between the two.

      Fxleaders.com is not even a brokerage!
      Fxleaders.com is a popular news and market a***ysis portal, offering its community a variety of features such as live newsfeed, a***ysis, trading tools, real time rates and charts, trading signals, strategies and education.

      We do not provide brokerage or any kind of trading services. We do not have any connection whatsoever to this broker.

      We are getting emails from users who are facing issues with this broker and we would suggest staying away from them and trade only with one of a large brokerage that is regulated and licensed by the main authorities in Europe or USA.

      We really hope for your understanding and for your help, since we are working hard to recover our brand reputation, and to fight this scummy broker.

      Thank you

  17. Ich Kämpfe um die Rücklastschriftder auf mein Handelskonto eingezahlten Gelder bei fxleader nicht fxleader. Es braucht Zeit um zu verstehen was und wie es dort abgeht. Ein normales Konto ist den Herrschaften nicht genug, sie versuchen einem ein Silberkonto mit 25000 oder Goldkonto mit 50000 € aufzuschwatzen. Möchten sogar das man einen Kredit aufnimmt. Und ab da war Schluss für mich. Ich habe sofort ein Widerruf gesendet. Seit 4 Wochen bin ich mit der ausführenden Bank voguepay am verhandeln. Anfang haben sie die Transaktionen nicht finden können. Ich habe fxleader nur ein Email Adresse bekannt gegeben. Bei der 2. Adresse ist die Bank auch nicht fündig gew***en. Erst dann bei der 3. Adresse fand die Bank die Transaktionen. Diese mailadresse benutze ich nicht. Das klingt schon alles nach Betrug. Außerdem streiten sie ab mein Geld erhalten zu haben. Später behaupteten sie mir das Geld schon zurück gezahlt zu haben. Musste nun einen aktuellen Kontoauszug zum Nachweis das ich noch kein Geld erhalten habe, an die Bank senden. Alles totaler Betrug, die reden und reden einen ganz schwindelig.

    1. This has gotten out of hand and no one could ever fathom a bad experience as what you have gone through. There are a lot of scammers online and it has been a continuous process to have them reported especially those trying to use us and our network. Keep in mind that fxleaders do not provide brokerage or any kind of trading services. We would like you to check and visit our website http://www.fxleaders.com. I would recommend that you address your review to the right recipient which is Fx Leader.

  18. Awesome review! I also think that Fx Leaders is a good website for trading news and market a***ysis. I am currently registered as a free user but planning to get their 1 month Premium to test it out.

    I also want to clear because the people who left their comments are confused between Fx Leader and Fx Leaders. I’ve encountered people from Fx Leader and they are totally different while Fx Leaders deserves more credit because they provide good service. Again they do not provide brokerage, so I hope that will make it clear. Or I suggest to visit their website and see the difference.

  19. Thankful for learning so much from you! There are plenty of courses and updated news on their website. I never missed a trade even with a time zone difference. Good job for the a***yst behind it! Earning from Forex trading is never easy but with the help of forex signals like Fxleaders, nothing is impossible. I am now on their Premium subscription for 3 months!

  20. FX-leader gehört zur Nigeria Conection, vermute ich, da die Gelder dahin gehen. Das Programm wird von den Händlern manipuliert. Ich wollte kein Geld mehr einzahlen und sofort waren die laufenden Trades so im Minus, da** sie automatisch geschlossen wurden und der Kontostand gegen Null gefallen ist. Bei der Recherche in offiziellen Charts war eine solche Schwankung nicht zu finden. Es ist ein Computerspiel. Hände weg von dieser Plattform.

    1. This has gotten out of hand and no one could ever fathom a bad experience as what you have gone through. There are a lot of scammers online and it has been a continuous process to have them reported especially those trying to use us and our network. Keep in mind that fxleaders do not provide brokerage or any kind of trading services. We would like you to check and visit our website http://www.fxleaders.com. I would recommend that you address your review to the right recipient which is Fx Leader.

  21. Totaler Betrug!!
    Habe 250,- Euros eingezahlt, sofort hat sich jemand gemeldet und mich stundenlang am Telefon bearbeitet, damit ich 10.000,- Euros noch einzahlen muß,um einen guten Gewinn zu erzielen. Wollte das nicht tun, dann wurde der Trader richtig sauer, habe das Gespräch beendet. Wurde sodann einige Tage lang bombardiert mit Anrufen des Traders, bin aber nicht mehr ans Telefon gegangen. Bei jedem einloggen in mein Konto, hat sich sofort eine Ungarin gemeldet, da nun aus meinen 250,- bereits 440,- gew***en sind, habe ich ihr gesagt, ich möchte das Konto schließen und den Betrag sollen sie mir zurückzahlen. Habe bis jetzt nichts erhalten, erreichbar ist auch niemand mehr, also totaler Betrug!!!

    1. This has gotten out of hand and no one could ever fathom a bad experience as what you have gone through. There are a lot of scammers online and it has been a continuous process to have them reported especially those trying to use us and our network. Keep in mind that fxleaders do not provide brokerage or any kind of trading services. We would like you to check and visit our website http://www.fxleaders.com. I would recommend that you address your review to the right recipient which is Fx Leader.

  22. I have been playing around with their premium services and it seems legit to me. I have stalked their site and reviews about them for months! right before I sign up. I am happy after all that stalking, I had the best signals possible.

  23. So lame of me to get forex signals as what my cousin told me. I couldn’t be any happier right now that I did get Fxleaders.com to help me. I am getting more of my buck than him.

    1. My name is Sophia, from Fxleaders, and I want to bring to your attention a very important information. In your comment, you are referring by mistake to a former non-regulated, scummy s***ty broker, called FX-LEADER (without the “S” at the end), which is not us, fxleaders.com.

      Please note that this comment is inaccurate and misleading (probably by mistake).
      I also want to ask you to consider to take off and delete this comment from this page, since you are referring to this broker – https://www.fx-leader.com, but your comment appears in a review page on http://www.fxleaders.com.

      These guys tried to “ride” on our reputation and take advantage of our brand, which we worked hard for 7 years to build. By disappearing, the left angry customers, some of them (like yourself) blaming fxleaders.com by mistake, without knowing that these are not the same companies, and that there is absolutely no connection between the two.

      Fxleaders.com is not even a brokerage!
      Fxleaders.com is a popular news and market aysis portal, offering its community a variety of features such as live newsfeed, aysis, trading tools, real time rates and charts, trading signals, strategies and education.

      We do not provide brokerage or any kind of trading services. We do not have any connection whatsoever to this broker.

      We are getting emails from users who are facing issues with this broker and we would suggest staying away from them and trade only with one of a large brokerage that is regulated and licensed by the main authorities in Europe or USA.

      We really hope for your understanding and for your help, since we are working hard to recover our brand reputation, and to fight this scummy broker.

      Thank you

  24. Very good experience. The accuracy level is about 80% which I think is good. Enjoying the experience and the payback. Making some extra money while home due to Coronavirus.

  25. Great service, great results, great strategy. I tried so many services before and I wasn’t happy with them. I am happy with fx leaders and I don’t need any other signal provider. I really hope it will continue like it is now.
    Thanks guys, great job!

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