PFG BEST

Category: Forex Broker Reviews http://www.pfgforex.com Average user rating from: 6 user(s) Broker Rating 1.8   Add new review Your name:* Your email address (it will not be published):* Your location: Select location: Afghanistan Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Arctic Ocean Aruba Ashmore and Cartier Islands Atlantic Ocean Australia Austria Azerbaijan Bahamas Bahrain Baker Island Bangladesh Barbados Bassas da India Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Bouvet Island Brazil British Virgin Islands Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Clipperton Island Cocos Islands Colombia Comoros Cook Islands Coral Sea Islands Costa Rica Cote d'Ivoire Croatia Cuba Cyprus Czech Republic Denmark Democratic Republic of the Congo Djibouti Dominica Dominican Republic East Timor Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europa Island Falkland Islands (Islas Malvinas) Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern and Antarctic Lands Gabon Gambia Gaza Strip Georgia Germany Ghana Gibraltar Glorioso Islands Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Honduras Hong Kong Howland Island Hungary Iceland India Indian Ocean Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Jan Mayen Japan Jarvis Island Jersey Johnston Atoll Jordan Juan de Nova Island Kazakhstan Kenya Kingman Reef Kiribati Kerguelen Archipelago Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Midway Islands Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Navassa Island Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island North Korea Northern Mariana Islands Norway Oman Pacific Ocean Pakistan Palau Palmyra Atoll Panama Papua New Guinea Paracel Islands Paraguay Peru Philippines Pitcairn Islands Poland Portugal Puerto Rico Qatar Reunion Republic of the Congo Romania Russia Rwanda Saint Helena Saint Kitts and Nevis Saint Lucia Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands South Korea Spain Spratly Islands Sri Lanka Sudan Suriname Svalbard Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Togo Tokelau Tonga Trinidad and Tobago Tromelin Island Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom USA Uruguay Uzbekistan Vanuatu Venezuela Viet Nam Virgin Islands Wake Island Wallis and Futuna West Bank Western Sahara Yemen Yugoslavia Zambia Zimbabwe Ratings (the higher the better) Broker Rating Rate it Scam 1 2 3 4 5 Comments:     Please enter the security code. Add new review Reviews Feed February PROMOTION Learn more. FOREX JUSTICE SPOTLIGHT ARTICLE   Read more. Company response August 8, 2011 Hello forexjustice.com, When I Google PFGBEST, one of the first entries I receive links me to user reviews posted on your website. There are six reviews, three of which (dated 6/08-6/09) rate PFGBEST as a SCAM. I have seen two of the three reviews posted on other forex sites, so these customers clearly have strong negative feelings about their PFGBEST experiences. However, since your site espouses a 'two-way patented forex exchange system,' Id like to offer that, on their face, these comments do not support a rating of SCAM. * Dan from USA clearly had trouble closing out his spread account. Was he ultimately successful? *Hawk Man from Canada lost $57 due to confusion about the account opening process for Canadian customers. *Elizabeth Henry from United Kingdom moved her account, the proper decision given her concern about PFGBESTs order placement competency. These three comments suggest poor communication and/or customer service, not an intentional attempt to defraud. The rating and the use of the term 'SCAM' in the content of the reviews are inappropriate at best and libelous at worst. PFGBEST respectfully requests that the ratings assigned these reviews be changed from SCAM to one star. While poor service may have been an unfortunate reality, fraud was not. Please let me know how I can facilitate this adjustment. Best Regards, Laura Oatney,Compliance Specialist PFGBEST 300 West Monroe, Suite 1300 Chicago, Illinois 60606 User reviews Tuesday, 15 March 2011 Written by Bill Thompson from USA I have been with PFG for almost 4 years now and I have not had any issues. There support has always been very kind and helpful to me. If I have a question they are able to answer it quickly without having to go through an automated prompt. Their fees are competitive and I have recommended them to a few friends who haven't had any issues with them either. Monday, 19 October 2009 Written by George from USA PFG is an 'ok broker at best ... When there is a bad fill or a completly screwed up trade all you are going to get for all the commissions you have paid them is a stiff arm and a big pile of bullshit. Their arrogance is legendary. I'm looking for another broker ... SCAM Thursday, 11 June 2009 Written by Dan from USA I was a customer of Alaron which was purchased by PFG Best. If I were told how bad they were I would not have believed it. I have been trying to get out of a spread trade for the past day and one half. At this point they have me in two opposing spreads on different exchanges. I told the broker who made the last attempt to close my spread which symbol to use and he REFUSED. So now I am in two opposing spreads. The most amazing thing is the PFG Best employees I have had the pleasure to talk to don't seem to think this is a problem. My former Alaron broker has tried to get this straightened out but he gets jerked around by these bozos as much as I do. I realize this is hard to believe but it is all true. SCAM Wednesday, 28 January 2009 Written by Hawk Man from Canada I am in Canada. If you are in Canada, DO NOT deal with PFGBest or PFGForex.com. They are not interested in your small investments and will only take your money and run anyway!!! After extensive research and trading many demo accounts, I chose to deal with PFG and I opened a live account. They were nice enough initially, but I sensed that they were dancing around some issues. I decided to start with $500 USD. When I asked for funding instructions, they said that I could only wire transfer the funds and the information is on the website. I looked but the instructions were rather convoluted and didn't seem to be straight forward. So I contacted them and asked for more simple instructions. Three different responses all pointed me to the same set of instructions. Seems to me that these are very yound people who can only cut and paste "links" and don't have any real experience or CARE about what they put the client through! I printed funding instructions directly from their website and took them to a Royal bank branch (as this was the bank mentioned on the website). The bank told me that they needed an ADDRESS for the beneficiary which was missing(!) from the page. Also told me to go to my own bank to do this. So I went home and printed their address (Chicago) and went back to my own bank to do a direct wire transfer. The lady there looked at the info and having 20 years of experiene in her job, told me that this wire might bounce back as the info are incomplete! I told her to plug in as much info as possible and it should go through. Well, guess WHAT?! It bounced and I lost $57 to send and get back my own money! Furious and frustrated I contacted PFG and their stance (surprise surprise) is that I made a mistake and my bank made a mistake. The broker in charge of my account asked me to fax him all the documents I had regarding the unsuccessful wire transfer, so I did it TWICE, but he never discussed them with me, as if they never existed!!! He never offered a resolution other than TRY AGAIN!!! I asked for specific instructions and whether I can mail them a cheque or a money order. They said that wire was the ONLY way to fund my account, so I asked them to provide me with a sample of a successful wire transfer from Canada that I can learn from. I got silence and nothing but silence from them. I am so happy that my loss was limited to $57. I am so happy that I didn't get further involved with this SCAM of a company. Could you imagine what it could be like if I had actually MADE profits there and attempted a withdrawal?! They are quite excellent in ignoring what you say and not addressing your concerns. I say with absolute confidence: SCAM SCAM SCAM!!! If anybody wants verification and proof regarding this, email me: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it SCAM Thursday, 22 May 2008 Written by Elizabeth Henry from United Kingdom The review that was posted on this site must have been done by an employee of this broker, this broker is totally clueless on how to make a simple transaction, I spoke to them many times on the phone and they "just don't get it." I have moved my funds to another broker and my advice is to stay away from them. I have met other forex traders in various forums and fortunately very few have used them, so please beware. Saturday, 05 January 2008 Written by Bob Galvin from USA I have used PFG in Chicago, IL now for three years and have educated myself through seminars, Tom Yeomans, Felex's new site and commentaries, and have gone from small time, to institutional trader. I use the Currenex platform through PFG and the FX Accucharts which are very good. What make me rate them so highly is their unusually good customer service. My Account Executive has told me I can contact him anytime and he really does get back to me on Sat. & Sundays. In fact he stated I could call 2AM, 4AM, it doesn't matter because he's probably up trading himself. I would provide his name and phone number but for privacy concerns I will give you my contact info. Call me and I will put you in touch with him and their outstanding brokerage. You can reach me at 603-469-3013 or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it True story: One Saturday afternoon I called him with a problem and 5 MINUTES LATER he called me back! If you are an institutional size trader and are tired of the lousy service out there, call me. I am in no way affiliated with this brokerage but just a client. I now give PFG of Chicago IL. a rock solid 5 star rating! Bob Galvin