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Verified Reviewer
Junior Reviewer

Scammers

Update by user Jun 20, 2020

I have been trading with Tallinex for over 3 years and it has been a nightmare. Strange things would happen during trading.

When I would close orders in the profit, the spread would change all of the sudden, so much so, that the profit would be way lower or even would be a loss. Afterwards the price would return and move back to normal. Parallel to that time I´ve had another forex acc with another broker, where the market wouldn´t behave in that way AT ALL. Sometimes the spread got widened.

In one night the spread would get widened so much on a currency pair with floating orders, that even the winning posititions were in the Minus and I lost 10.000 USD in one second. When I asked the support they researched in this matter and came back telling me, this was all normal (of course) Another thing that happened was that a support member proposed to me to change the leverage. When I did, many of my floating orders got closed in loss. When I contacted the support team, they mentioned it was not allowed for a support member to give recommendations about leverage.

But this guy for sure did so. No response after that.... But the worst thing is, that when I ended my "trading career" with them, and opened a withdrawal request for the rest of 1000USD in my account, they would refuse to pay me, telling me they would have trouble with banks and they would try to resolve it asap. That is 14 months now.

After that they would shut down all support.alltogether and I am not even able to log into my account anymore, because they have maintenance work done. That is 14 months now too. I have lost 45000 USD with them.

What is good about them, is that the support is really quick to answer your request to release funds, which you just sent to them. When they receive money from you, they are quite eager and friendly and fast.

Original review posted by user Jun 20, 2020
They take your money, do not trade with them. They stop hunt your trades and make you a fool.

User's recommendation: Do not trade with them, your money will be lost.

View full review
ID
#2001400 Review #2001400 is a subjective opinion of poster.
Cons
  • High spread
  • Bad support
  • No withdrawal
Loss
$40000
Preferred solution
Full refund

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer
Junior Reviewer

This forex broker is a scam

I ve been trading with Tallinex for over 3 years and it has been a nightmare. Strange things would happen during trading. When I would close orders in the profit, the spread would change all of the sudden, so much so, that the profit would be way lower or even would be a loss. Afterwards the price would return and move back to normal. Parallel to that time I´ve had another forex acc with another broker, where the market wouldn´t behave in that way AT ALL. Sometimes the spread got widened. In one night the spread would get widened so much on a currency pair with floating orders, that even the winning posititions were in the Minus and I lost 10.000 USD in one second. When I asked the support they researched in this matter and came back telling me, this was all normal (of course) Another thing that happened was that a support member proposed to me to change the leverage. When I did, many of my floating orders got closed in loss. When I contacted the support team, they mentioned it was not allowed for a support member to give recommendations about leverage. But this guy for sure did so. No response after that.... But the worst thing is, that when I ended my "trading career" with them, and opened a withdrawal request for the rest of 1000USD in my account, they would refuse to pay me, telling me they would have trouble with banks and they would try to resolve it asap. That is 14 months now. After that they would shut down all support.alltogether and I am not even abel to log into my account anymore, because they have maintenance work done. That´s 14 months now too. I have lost 45000 USD with them. What is good about them, is that the support is really quick to answer your request to release funds, which you just sent to them. When they receive money from you, they are quite eager and friendly and fast. That´s all good I can recall from them Stay away, they are not upright people.

User's recommendation: Don´t send them money, don´t trade forex with them.

View full review
ID
#1945344 Review #1945344 is a subjective opinion of poster.
Location
Aachen, North Rhine-Westphalia
Service
Tallinex Customer Care
Cons
  • Spread manipulation
  • No withdrawal
  • Stop hunting
Loss
$40000
Preferred solution
Let the company propose a solution

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