[B]FXGlory[/B] - I vote [B]no[/B]
Immediately after signing up with them, my phone number was given out to various spammers who kept text messaging it and calling constantly. I answered one who called me twice and it was an Indian-sounding man who was trying to tell me that my computer had a virus and I needed to pay for it. I looked up the number and many many others had this experience. Good thing I use a Google Voice number only for Forex brokers. These guys are no good.
[B]Assets FX[/B] - I vote [B]yes[/B]
I had an excellent experience with their platform. The customer service was responsive. The website is very simple but they were great. I withdrew money successfully (albeit less than I deposited 
). I hope others can vouch for this broker.
[B]Tradersway[/B] - I vote [B]yes[/B]
Despite some weirdness surrounding this broker’s location, they were my first broker and I have never had any issues. I did feel that the chat service was a bit short with me at times but it has since gotten a bit better in my opinion. I have a friend who had a lot of money with them and withdrew it late last year following that whole phone number area code discussion we were having on here. He received his funds by wire and withdrew much more than deposited. I wish I could say the same. Anyhow, I think they are trustworthy.
[B]Sensus Capital Markets[/B] - [B]Undecided[/B]
So far everything is great. They received my wire and credited my account. One member of the chat team is very bad but I try to go on after 5PM EST so I can speak with Dennis W. who is absolutely amazing. He takes so much time out of his day to help me with everything. I had an issue with some of my trades taking 3 to 10 seconds to execute. It was pretty bad. He investigated and discussed it with his boss over several days (I am using a CNS VPS with a 1ms latency). I hope they fix it soon although I found an alternative solution recently to mitigate this problem. I still need to test them further to feel comfortable with a definite vote, although I am very much leaning toward a yes right now. It should be noted that the only method for US clients to make a deposit is via wire. Please see my previous post for some preliminary information on them.
[B]ProfiForex[/B] - No experience with them
Please mark this broker as unregulated as per my post 2267
The above link is an email I received from the SIBA regulator - Seychelles International Business Authority. It is misleading that ProfiForex claims Forex regulation. Indeed, all international business companies would thus be “regulated”. The regulation to which we are referring is whether or not there is actual specialized auditing and financial regulation for a foreign exchange dealer. I would like others to share their opinions and for Clint to make a determination thereafter to remove the SIBA regulation annotation from Post #1.
Keeping my above point in mind, I would like to direct this next bit toward Paul from [B]Tallinex[/B], as he has kindly been highly detailed with all of his responses. I would like to point out that he has been very open that [B]Tallinex [/B]is not regulated and [U]has discussed it extensively on numerous occasions[/U].
On the [B]Tallinex [/B]website, in the FAQ section, the following Q/A is posted:
[B]Q[/B]: Is Tallinex regulated?
[B]A[/B]: The Financial Services Authority (FSA) in St Vincent and the Grenadines is responsible for ensuring that Tallinex complies with its obligations under the IBC Act. The FSA enforces strict business practices equal to or exceeding requirements of financial services regulators in other countries.
I agree with the answer and I believe it was 100% accurate. However, in the context of what it means to be “regulated” – most people are not referring to this type of regulation. I have read through the SVG IBC Act multiple times in the past and it appears to be similar to other IBC Acts in the region, with no mention of true specialized Forex regulations. I hold St Vincent high on my list of trustworthy offshore locations, but I think we can agree that they do not regulate Forex specifically. The IBC Act requires compliance with paying dues, not soliciting residents of SVG and complying with other AML regulations. These are all excellent provisions for financial services companies, but I believe that this is more or less the extent of St Vincent’s compliance checks.
Please refer to my post about [B]PaxForex[/B] from last year. They had claimed previously that they were incorporated in St Vincent (while the FSA says otherwise). The Authority also went on to mention that they do not regulate Forex brokers incorporated within their jurisdiction. I want to stress one more time that Paul has been extremely emphatic about [B]Tallinex[/B] not being regulated there. My question to him is to clarify his view of keeping that Q/A post above in the FAQ section of the website, as the word “regulation” has assumed a specific contextual meaning different than the meaning suggested on the website (in my view).
Moving forward, keeping post 2261 in mind…
[B]PaxForex[/B] - I vote a [B]STRONG NO[/B]
Again, refer to 2261 as I put a lot of stress into my message last year – they claim to be incorporated in a jurisdiction that says otherwise. Not being regulated is one thing… not being honestly incorporated is another. I contacted them again right now via chat as their address seems to have disappeared from the website (luckily my screen shot still remains in post 2261). They gave me the same St Vincent address shown in my screen shot and their business name (Laino Group) is still the same at the bottom left of the website. Please exercise caution with them until someone can bring proper information to the table as to the whereabouts of the business.
I am positive that withdrawals will be faster and smoother. This upcoming Friday I will make my first withdrawal in one of my accounts. I am positive that everything will go smooth. So far so good I have no complaints trading with Tallinex. A few niches here and there but that was expected considering the high volume of new account coming in all at once.