Average Ratings
Broker Forex-Metal
Company FM Financial Services Ltd;
Dunboyne Investment, S.A.
Year since 2007
Headquarters Panama
Regulation IFSC(Belize), # IFSC-60-156-TS-10
Model ECN & MM
US Clients yes
Min Deposit($) 1
ECN Account Min Deposit($) 1000
ECN Commission($)/rtl(Round Turn Lot) 4
Offer Fixed Spread yes
Offer Variable Spread yes
EURUSD Lowest spreads (pips) 1.5 (0.1 -ECN)
Account Currency USD
Max Leverage 2000(500 – ECN)
Minimal Lot 0.01
Deposit Method Bank Wire, Credit Card, Debit Card, -WebMoney, -Skrill, -clickandbuy, -WebMoney, –Giropay, SOFORT
Withdrawal method Bank Wire, Credit Card, Debit Card, -WebMoney, -Skrill, -clickandbuy, -WebMoney, —Giropay, SOFORT
Scalping yes
Hedging yes
All EAs Allowed yes
Currency Pairs 54+
Gold yes
Gold Spread(100oz) 60
Silver yes
Silver Spread(5000oz) 6
Oil yes
CFDs yes
Other Instruments Energies
Managed Accounts yes
Swap-free accounts yes
Segregated Accounts yes
Interest on Margin no
Bonuses & Rewards yes
Trading contests yes
Trading platform MT4 (ECN), MT4, Replitrader
Platform Execution
Platform Time Zone GMT
Trailing stops yes
OCO orders no
One-click execution yes
Trade with mobilephone yes
Trade in browser no
API no

Company: FM Financial Services Ltd; Dunboyne Investment, S.A.

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One thought on “Forex-Metal

  1. Don Julio says:

    Forex Metal RIPPED US OFF!!! Names REVEALED! ( too!)

    We expose Forex Metal and owner VLADISLAV KOGAN (Born 1973, living in Sydney, Australia) in this Video:

    (To read all details, PAUSE THE VIDEO often.)
    00:00 Our story
    00:21 Forex Metal web site
    00:25 Victims
    02.54 Forex Conclusions review
    03:31 How Forex Metal describes itself
    04:35 Who they really are
    04:38 Photos and the Truth about their Century Tower address
    05:32 Panama’s SMV (Superindencia de Mercado de Valores) listing of authorized Forex brokers and September 1, 2011 law requiring government licensing
    05:51 More on their fraudulent address
    05:58 Their Credit Card
    06:11 Employee Names and some Marketing Sites
    06:43 Bank of New Zealand wire transfer
    07:01 Owner VLADISLAV KOGAN
    07:16 Details of his many corporations, starting with New Zealand
    08:35 Photos of his old residential address (apartment building)
    08:56 Photos of his recent residential address ($2.2 Million AUD home)
    09:49 Domain Names, and Cross Relationships linking names and corporations
    10:58 Corporations since 2001 and more victims (Calobar LLC, Credit Alliance SA, Dunboyne Investment SA, e-ForexGold, FM Financial Services Ltd, FM Financial Solutions Inc, Forex Metal (Australia), Forex-Metal Exchange Services Inc, Forex Metal Exchange Services UK Ltd, Forex Metal Holdings Limited, Forex-Metal Limited SA, FX Index Limited, FX Index Pty Ltd, FX Index PTY Ltd, FX Markets PTE Ltd)
    14:06 Aliom Trading not compliant with ASIC (Australian Securities & Investments Commission), revoking most of its representatives, including VLADISLAV KOGAN
    14:47 VLADISLAV KOGAN still claims Forex Metal (Australia) operates under Aliom’s License
    15:02 Targets Binary Trading and India Forex markets
    15:14 Forex Metal in 2014
    15:31 In Conclusion
    15:45 Research & Web Links, including Timeline (2001-2014), Corporations at a Glance, Domain Cross Relationships, Forums that Forex Metal Markets to, and Forums to Contact
    16:57 Recent Updates
    17:42 Updates and more to be listed under video “Description”

    We will post this info at many popular trading forums (complete list under video); many already have posts on Forex Metal.

    Where possible, we will start a new thread “Forex Metal Ripped Us Off!” for victimized traders to post comments.
    To warn other unsuspecting traders, we will also post in the most viewed relevant threads.
    Search “Forex Metal” for specific threads until we list them under Video Description.

    We suspect Forex Metal created several personalities or used its affiliates either to say what a great broker they are or to market promotions, or both. Usually details are vague. Click on the names; often all their posts talk more about Forex Metal than actual trading.

    We apologize for any repetition, but VLADISLAV KOGAN must be stopped from ripping off traders.

    Australia: ASIC (Australian Securities & Investments Commission), Report misconduct to ASIC
    (Investigation opened, pending)
    New Zealand: Companies Office
    (Investigation opened, pending, transferred to Financial Markets Authority)

    Our main purpose here is to warn fellow traders.



    Please post your personal stories in this forum, and ALSO under the VIDEO’S “COMMENTS.”
    This way, you have a record of your post at each forum and well as at one CENTRAL LOCATION for ALL traders to share comments.

    A fellow trader that produces many videos exposing Forex, binary trading, and other financial scams has also created videos about Forex Metal:
    Forex Metal – Avoid this Broker:
    Forex Metal – This Broker is a Scam, BEWARE:
    Forex Metal – Use this Currency Broker and Feel the Pain:

    He also recommends that victims create and post their own videos ( is free and simple), and include a link to our detailed video.

    VLADISLAV KOGAN is Forex-Metal Payments Department at
    Traders, let him know what you think of Forex-Metal.
    Email him your comments and copy his employees at:

    If VLADISLAV KOGAN eventually returns ALL of our funds, we will post that information in the future.

    Traders, thank you all for your time, as well as any additional help or information you may offer.

    Did you find this review helpful? Yes   No

    Feedback: 2 positive