The minor drawback is that spreads widen during rollover times. As a result, Extrasum is not regulated by any government agency, and traders should therefore know that they deposit funds with this broker at their own risk. They have disabled withdrawal option from December 2019. I am giving company a time till 31 Jan 2020 to give payment of customers back without any issue. I have colleted data of more than 100 customers who are facing this issue worldwide and are worried about their payment.
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EXTRASUM amazing broker
However, keep in mind that this is a somewhat controversial and risky practice, in particular when using unregulated brokers like Extrasum. If funds are lost, or returns are otherwise not as good as promised, there is really nothing a single client can do about it other than switching over to another broker. I have one of the most awesome experiences dealing with extrasum since it has the best customer service experience I have been through and especially this person “Kevin” ..
- I am giving company a time till 31 Jan 2020 to give payment of customers back without any issue.
- In this case one can discard a few variables to avoid redundancy.
- A week back, there was an announcement on arbitrage trading, but luckily, it was mainly not for me.I trade news with them, and speed matters for me.
- Although the platform is now quite a few years old, it still remains very popular and has a large user base all over the world.
- Great broker, reliable, kind and fast support, amazing spread, real STP execution, instant withdrawal by some methods.
- Maybe the company is struggling with some difficulty and it will overcome it by this month end.
However, I got the same day withdrawal for Local Bank Transfer. Verification can help ensure real people are writing the reviews you read on Trustpilot. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Moving over to trading instruments, Extrasum, like all forex brokers, offers a decent selection of currency pairs to trade in, with more than 60 such pairs to choose from. When it comes to other assets, however, the choices with this broker are much more limited, with only gold, silver, oil and natural gas to trade as CFDs. Extrasum is, in other words, one of just a few brokers we have reviewed here on FX-List that does not offer any stock indices, cryptocurrencies or single stocks for trading. According to the broker, clients who want to become task traders will have to apply and then go through a 15 day testing period where they have to demonstrate their trading skills.
- We use dedicated people and clever technology to safeguard our platform.
- If Extrasum does not live up to these expectations, you may therefore instead choose to trade with a bigger and more reputable forex broker regulated in countries like Australia or in the EU.
- I’ve been trading with this broker for six months, and everything is excellent.
- The minor drawback is that spreads widen during rollover times.
- In addition to the account types mentioned above, Extrasum also offers a Managed Account, where the broker itself places orders on behalf of the client.
- We can utilize the extra sum of squares to test hypotheses about the parameters.
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They fill orders instantly at the best price and process withdrawals fast. I have deposited 3K in self-trading and Withdrawn $27K so far without any issue. A week back, there was an announcement on arbitrage trading, but luckily, it was mainly not for me.I trade news with them, and speed matters for me. They deliver quality service, and I’m going to continue to trade with them.I rate 4 from 5.
Extrasum Inc Reviews 60
Extrasum please tell me when will you process withdrawal requests? I’m trying to connect managers soumen, sudhakar and abdulla from many days but all their phones are switched of from many days. We investors feeling much fear about our investments.
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For skilled traders who get approved, various “tasks” will be assigned by the broker, and upon completion participants can allegedly earn payouts of up to USD 5,000 per month. With that said, however, trading with unregulated forex brokers also comes with a number of benefits. Among these is access to higher trading leverage, an easier sign-up and verification process, and thus also the ability to trade more or less anonymously, which is important for some people. Suppose that one or more predictor variables are perfectly linearly related. Then there are infinitely many relations describing the same regression model.
Very fast response and problems solved by Kevin Thanks Kevin. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
Please refund our money which is earn through hard work……please do live chat at least. New introductions and makeover of trade is one of the distinct characteristics we live up to. Companies on Trustpilot can’t offer incentives or pay to hide any reviews.
In this case one can discard a few variables to avoid redundancy. Cryptocurrency deposits, however, are not accepted by this broker. In terms of trading platforms that clients can use, Extrasum relies solely on the MetaTrader 5 (MT5) platform, originally released by the Russian firm MetaQuotes Software in 2010. Although the platform is now quite a few years old, it still remains very popular and has a large user base all over the world. As a result, offering this platform is an extra benefit that has the potential to lure over traders who have previously used the same platform at other brokerages.
Great broker, reliable, kind and extrasum fast support, amazing spread, real STP execution, instant withdrawal by some methods. We use dedicated people and clever technology to safeguard our platform. Customer Care and Investment Plans are very good and impressive. Just a thing that can be improved is Withdrawal process time.
pending withdrawal
In conclusion, it is worth reiterating that trading with offshore forex brokers that are unregulated is a risky endeavour. It is a fact that many traders have lost money this way, and some have even experienced that their broker refused to honor withdrawal requests and essentially walked away with their money. To avoid getting into such a situation, it’s important to only trade with forex brokers you fully trust. If Extrasum does not live up to these expectations, you may therefore instead choose to trade with a bigger and more reputable forex broker regulated in countries like Australia or in the EU. I’ve been trading with this broker for six months, and everything is excellent.
Extrasum disabled withdrawal option and not paying the profits from December. But apart from that I had good experience with them till November. Maybe the company is struggling with some difficulty and it will overcome it by this month end. In addition to the account types mentioned above, Extrasum also offers a Managed Account, where the broker itself places orders on behalf of the client.
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