SparkFX Review 2025: Unverified Dubai Claims and Rising Risks in the Arab Market
An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.
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Abstract:Do you constantly face exorbitant prices and sudden price changes when trading via Degiro? Don’t find it seamless while trading through this platform? Is the account opening experience full of chaos? Does its customer service team fail to answer your queries? You have added to the growing list of traders with multiple trading issues. Some traders have criticized the forex broker on review platforms. In this article, we have shared Degiro reviews. Keep reading!

Do you constantly face exorbitant prices and sudden price changes when trading via Degiro? Dont find it seamless while trading through this platform? Is the account opening experience full of chaos? Does its customer service team fail to answer your queries? You have added to the growing list of traders with multiple trading issues. Some traders have criticized the forex broker on review platforms. In this article, we have shared Degiro reviews. Keep reading!
Some traders have admitted that the earlier customer-centric broker, i.e., Degiro, has now turned into a problem of plenty for them. Frequent price changes have made trading costly for users, benefiting the broker at the expense of traders. But in return, it has eaten into the profits of traders. Traders further complain about the lack of seamless operations through the trading app. Here are some complaint screenshots regarding this.


Traders have failed to open their accounts despite following up with the broker officials for days and months. Lack of clarity and specific replies from these officials have compounded the account opening process. Frustrated by the poor experience, traders have pointed out these issues while sharing Degiro reviews online.


Degiro‘s customer service team receives flak for being unable to resolve queries. A trader recently lost his mobile device and requested that his trading account be restricted, which was done by the broker. However, after a few days, when things had settled, the trader requested the broker to remove restrictions from the account. As per the trader’s admission, he can email lifting the restrictions. However, the broker did not remove restrictions. As a result, the trader shared a bad review of Degiro. Take a look!

The WikiFX team investigated Degiro on various aspects, including trader complaints and regulation status. It did not find it a good broker for traders. In its findings, Degiro is a counterfeit forex broker, which makes its operations suspicious. Considering the growing risks, the team gave Degiro a score of 1.55 out of 10. If your funds are stuck at Degiro, you may have to go legal.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.

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