Abstract：Attracted to Advanced Markets for the expert-led copy trading experience? Did you earn profits from the copy trade executed by the expert hired by the forex broker? But did the broker question some trades even though you paid the performance fee to the expert? Is the trade order execution time too slow at Advanced Markets? Do you witness high slippage issues? You are not alone! Many traders have shared these concerns online. In this Advanced Markets review article, we have described some complaints. Take a look!
Attracted to Advanced Markets for the expert-led copy trading experience? Did you earn profits from the copy trade executed by the expert hired by the forex broker? But did the broker question some trades even though you paid the performance fee to the expert? Is the trade order execution time too slow at Advanced Markets? Do you witness high slippage issues? You are not alone! Many traders have shared these concerns online. In this Advanced Markets review article, we have described some complaints. Take a look!
Advanced Markets Overview
Advanced Markets, established in 2006, has been offering DMA liquidity and trading solutions to its clients worldwide. Its client list includes banks, hedge funds, institutions, and retail traders. The company drives its forex and other trading operations from the United Kingdom.
Elaborating on the Top Forex Trading Complaints Against Advanced Markets
Poor Copy Trading Experience at Advanced Markets, Claims the Trader
A trader recounted a poor copy trading experience wherein an expert hired by Advanced Markets copied a successful trading strategy and implemented it on his trades. The strategy worked as the trader earned profits. However, the broker questioned some trades and informed the trader that an investigation will be made to check their legality. The trader had already paid a performance fee to the expert. Besides, there was no email sent to the expert about the questionable trades. Baffled by the poor trading experience, the trader shared a negative Advanced Markets review as shown below.
The False Claim of Superfast Trade Order Execution Time
Advanced Markets claim that it offers ultra-low latency on its Prime of Prime Liquidity and a trade order execution time of sub-30ms. However, as per the trader, the order execution time is around one to two seconds. Check out this screenshot supporting this complaint.
High Slippage & Sudden Price Changes Pile Losses for Traders
Recounting a bad forex trading experience with Advanced Markets, traders mention that things have become worse here as high slippage, slow trade order execution and sudden price changes took effect. Amid losses due to these poor trading circumstances, they shared these bad Advanced Markets reviews.
Advanced Markets Review by WikiFX: Check the Score & Regulatory Status
After reading the complaints, the common point that emerged was the false promise on every trading aspect, including copy trading and trade order execution. A thorough analysis of the complaints was followed by a crucial investigation of Advanced Markets regulatory frameworks. The investigation revealed no license for the broker, further raising suspicion over the capital's safety. Consequently, the team gave Advanced Markets a score of just 2.19 out of 10.
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