The communication from this platform is…
The communication from this platform is so shitty. All I ask is they hold up to the standard they claim they meet.
By Anthony
Sunday, November 8, 2026 · Customer reviews of US businesses
The Fair Hearing score
Excellent
212 reviews
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MagnoFX is listed under Investments & Wealth.
MagnoFX (magnofx.com) has 212 customer reviews on The Fair Hearing, with an average rating of 4.9 out of 5.
Showing 4 reviews with 1 star · Clear filters
The communication from this platform is so shitty. All I ask is they hold up to the standard they claim they meet.
By Anthony
MagnoFX cannot be trusted. I was lied to severally, denied withdrawals and access to my account because I couldn't come up with extra deposits and certain fees which were not part of the trading agreement. I'm grateful to have done enough research and found #DaxGuard, saved me and my finances from total loss.
By Nicci L.
I think the first problem is when you're directed to the site by influencer traders with a 200% deposit bonus match. Why do they need the money so badly. As others have stated, I tried to have a minor amount around $200 on deposit moved to a new account or returned to me which after three weeks they have been unable to make happen . They removed support for the MT4 platform entirely offering a new MFX platform rendering the exiting MT4 account unusable. They suggested creating a new account which their dashboard does not allow and produces an error message. When informed of the error, they suggested using a new email address to register another account then when sent a request to transfer the funds to the new account, they reverted back to saying create a new account in the old email address account totally contradicting themselves - creating an unresolvable loop. They have now ghosted my requests for my deposits to be returned - I've not had a response from them in over a week and after informing them of my intention to write off the funds and give them this 1 star review, there has been no response to date. Theft and Thieves of the highest order is how I'd refer to this broker. Please do not make the mistake of putting any money into this broker. For me it was a small amount a couple of weeks ago but there are reviews here with people battling to get back tens of thousands from them. They are not serious if this is how they work with small amounts, how can you trust them with larger amounts
By Olawale O.
one of the worse trading brokers i have ever used in my entire life, They will do everything to not let you withdraw your money especially if you make profit. i can only warn you DO NOT PUT MONEY INTO THIS BROKER they wyou will not get it back.
By Cal