FlexytradeReviews of flexytrade.com

I will change this if anything changes, however it has now been 4 weeks since my payout request. I have heard nothing but excuses that risk management is still auditing my payout, this is inexcusable at this point, and seems to me they have no idea what theyre doing OR, more certainly, they are a scam and not paying users out. I am owed in the 5 figures worth of payouts, no clear answer, no clear path. I thought flexytrade would be real, but it's not...If they end up paying out I'll be happy to change this, but it just seems like another FTT bankruptcy case emerging.

Hello everyone, I already wrote my review in the summer about non-payment, there were some problems that were resolved 2 weeks after the review. New problem, I made a request to withdraw $ 1500 on 10/17/2024, my account has the exported status since 10/21/2024, today is 11/21/2024 and there is still no money, all these weeks I have been receiving letters with the following content: We understand how important it is for you to receive information about payments, and we appreciate your patience in this process. We want to inform you that at the moment, payments may take a little longer than usual. Our risk management team conducts a thorough audit of each account to make sure everything is in order, and is working diligently to complete this process as soon as possible. I also see that I receive advertisements in my mail about some traders receiving large payments, I see reviews about payments on the TrustPilot website and I cannot understand why I am not being paid?? I was not charged with violating the rules, which means everything is fine with my trading, I fulfilled all their conditions, but Flexytrade does not give clear answers and deadlines for payments, I got the feeling that there will be no payment. ======================= 40 days no payment ======================= 12/11/2024 50 days no payment

Edit 2: 60 days, no payout, latest excuse is that Rise is fraudulent; the same Rise account 6 other prop firm payouts go to. Joke company, initiated chargebacks. Do not buy accounts with them. ======== Extremely delayed payouts and frequent excuses. Avoid this firm and chargeback all your purchases. After Flexytrade updated their payout rules in September and introduced instantfunded accounts in Oct, I started trading with them. However, it looks like only small less than $1.5k payout requests are being paid out and approved within the 5 business day window mentioned on their website. My own payout over $50k, and multiple other payouts from my community discord (ranging from $3k to $40k) are all still not approved and approaching 15 business days since submission. When contacting support we keep getting told risk management is reviewing our accounts. It seems like the firm might be failing, like FTT and are delaying payouts and trying to find any reason possible to deny them to avoid losing funds. Flexytrade is a sinking ship and it's unfortunate that I have money locked up with them due to account purchases. Recommend sticking to reputable prop firms that payout in a timely fashion. ========== Update: 1 month in, still hearing excuses with no updates from support. Apparently they cannot share the payout teams contact info and they aren't hearing anything from them. Checked twitter/X and a few trading discords and loads of other people are having the same issue with Flexy and everyone is getting copy-pasted email responses and updates. Also looks like a bunch of other trustpilot reviews have been added about Flexytrade not paying out. Avoid this firm like the plague.

The experience with this prop company is negative for several reasons: Terribly uncomfortable registration It took three days to figure out how to set up quanttower and get it working. Small number of tools for trading The name of instruments is confusing And the most important disadvantage is the rules about night trading. Was banned on the first day of trading as there was a deal not closed. Really? In 2024 there is no automatic closing of orders? You have to do everything manually and if you are a minute late, you get banned? Not a warning but a ban? Hahahaha scam from the category of a sucker) Conclusion - the attitude to the client is bad, the orientation is “to take your money”. Definitely a red flag for this firm! I do not recommend it to anyone! Translated with DeepL.com (free version)

I don’t usually write reviews, but my experience with this company has been so disappointing that I felt compelled to share it. This company is a complete scam, they refuse to pay out winning traders. I had been copy trading from my other accounts, but this morning I discovered they closed my account, claiming I held an overnight position. Firstly, I was only copy trading, and none of my other accounts held overnight positions. Secondly, as I’m based in Australia, I can’t trade during those hours, so I had to close my positions well before then. If you’re considering using their services, I strongly advise against it. However, if you do, make sure to pay with a debit or credit card so you have the option to request a chargeback, forcing them to deal with the chargeback fees.

I purchased bunch of evals, passed two and got got one account to payout eligibility. The system stopped me for KYC and after I sent all the documents, they just kept the file open for more than a month and asked me to wait for KYC to complete. Then they sent me an e-mail that account has been breached... I did not receive the payout and did not touch the account since I was waiting for KYC to complete so I can request. This company did not pay me and probably will not pay you either. There are much better options out there.

Sehr schlecht und teuer . Bisher die schlechteste Prop-Firma, die ich je genutzt habe. Sie sabotieren die Händler buchstäblich, damit Sie scheitern. Stellen Sie sich vor, Sie schließen Trades mit Gewinnen von Quantower und ihr System weist jedes Mal Verluste aus, bis der Drawdown erreicht ist. Der Kundendienst braucht eine Woche, um auf mein Problem zu antworten, und wenn sie antworten, regeln sie nichts und haben keine Ahnung vom Finanzmarkt und behaupten, mein Verlust sei auf die Volatilität zurückzuführen. Wie kann das Schließen von Trades mit Gewinn und das Ausweisen als Verlust von ihrer Seite aus eine Auswirkung der Volatilität sein? Die schlimmste Erfahrung aller Zeiten. Verschwenden Sie Ihre Zeit nicht mit diesen unregulierten Prop-Firmen.

Went out of business and did not payout the traders. These people need to be put in prison for scamming people. You can't just take a bunch of money from customers and then say you closed your business and not return the money. That is fraud.