# FOREXTrader Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Is FOREXTrader the right Currency Exchange solution for you? Explore 10 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/79289/FOREXTrader/reviews --- FOREXTrader 4.5 (10) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated November 13th, 2025 # Reviews of FOREXTrader Ease of use 4.5 Customer Service 4.4 ## Showing most helpful reviews Showing 1-10 of 10 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use Kleber T. CEO Business Supplies and Equipment Used the software for: 1-2 years ### "Forex Trader Review" May 7, 2023 4.0 Pros a simple way to buy and sell currencies, easy to use and useful software Cons There is little that I don't like, maybe it takes a long time to make the transfers Switched from [ePOS Trader](https://www.capterra.com/p/132629/ePOS-Trader/) mode of use Review Source MUM Morale Ugan M. Student mentor Mechanical or Industrial Engineering Used the software for: 2+ years ### "Forex trading." November 7, 2022 5.0 It's a great experience because you learn a lot and can be independent if you are profitable.You can day trade whenever you want to meaning you no longer need banks to trade for you. You just need to learn the strategies and invest in yourself. Pros Once you become a forex trader you learn a lot about the financial market and you can also make money while learning. There are variety of software that you can choose from to trade. You can trade with your mobile phone and there are practice accounts to train from before using your own money. Cons The are a lot of scammers in the industry so beginners need to be careful who they trust with their money. Review Source RF Rana F. Consultant Education Management Used the software for: 2+ years ### "About my ForexTrader experience" November 8, 2024 3.0 Not a real good experience for users who are not experts in trading and market predictions and who don't have much time to stay up to date 24/5 on economics and politics Pros I like that Forex generally has lower transaction costs than other markets and that it stops on the weekend so you can take a break and prepare yourself for the next trading week Cons You have to stay informed all the time about economic events,bank decisions...Or to opt for a broker help which can lead to stress and pressure in making decisions.Besides, it's more limited to national currencies Review Source VR Verified Reviewer Executive Director Non-Profit Organization Management Used the software for: 1-2 years ### "Trusted, safe way to trade" July 30, 2019 4.0 Having the ability to trade from my phone and my laptop is awesome! And did I mention that I TRUST Forex?! Pros What I like most about Forex is that I TRUST it!! I started trading about a year ago and have seen several trading platforms come and go - and for some their money went right along with them! I TRUST Forex, I have never come across any complaints (including FCC) about Forex. It is pretty easy to navigate and I love the many options to use to remind you of trades, and that it is mobile capable as well as on my laptop. Cons The mobile app will sometimes log me out. Review Source DW Dan W. Self employed Used the software for: 2+ years ### "Complete list of Spot Forex currency with great execution" April 4, 2018 5.0 Precise execution with the ease of managing trades Pros They provide all 28 major pairs and then some. Including gold and silver. Charts are easy to set up. Trade execution is accurate and it has a simple stop and limit setting. Also works well across multiple platforms including android and MT4 Cons Some of the spreads on the exotic pair tend to be a little high. The margin requirement are also all over the map on the exotic pairs as well. Review Source DM Daniel M. Accountant Accounting Used the software for: 6-12 months ### "Excellent 👌" November 17, 2022 5.0 Overall experience is exquisite. Pros The moment you learn to use forex, can make you a millionaire. It helps the traders with the knowledge to know the current affairs in stock exchange. Cons What I dididn't like about forex is that if not keen you can lose your money. Review Source VR Verified Reviewer Software engineer Computer Software Used the software for: 6-12 months ### "How to survive Forex " April 30, 2021 5.0 My overall experience with Forex trading is that it's accessible and potentially a groundbreaking opportunity for anyone who is disciplined enough, not greedy, patience and focus. Pros Low cost, high liquidity meaning the forex market has the largest number of participants, individual control, most of them work 24 hours a day, fewer fees and commissions, Cons Lack of transparency, high volatility meaning one can easily suffer huge losses, it has a complex price determination of process, overconfident, small traders may face some challenges, Review Source VR Verified Reviewer Account Manager - Pacific Investment Management Used the software for: Less than 6 months ### "All Major Pairs available" August 27, 2018 5.0 Pros Very easy to use and fast execution for all major pairs. Cons spreads can be a bit wide at times for some pairs. Review Source Donald R. Substance Abuse Counselor Hospital & Health Care Used the software for: Less than 6 months ### "I exchanged american to canadian for a family trip" July 27, 2018 5.0 Was able to have currency in canadian funds while on vacation saving on exchange rate fees for every transaction if i would of used american debit or credit. Pros It was fairly easy to get a good rate, make the exchange and get the funds to my account ready for my vacation. Cons Its expected, as is doing business, but the exchange was slightly lower than what I was expecting. Still satisfactory though. Review Source EK Emerson K. Frelancer Entertainment Used the software for: Less than 6 months ### "Forex amigable y confiable" August 21, 2020 4.0 hasta el momento sin problema esperemos se mantengan asi Pros Cumple con todos los pares mayores, tambien con Oro y plata, algunos exoticos, compatible con MT4 Cons como la mayoria en los pares exoticos estar pendiente de los costos en el momento de entrar Review Source Similar Products Featured