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  • Dracofx

Overview

Dracofx has a rating of 3.94 stars from 33 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Dracofx most frequently mention account manager. Dracofx ranks 71st among Brokerage sites.

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What reviewers want you to know

Positive highlights

  • I personally have an account manager and his guiding me very well.
  • I also have a account with dracofx since last 2 years.

Critical highlights

No critical highlights yet

How would you rate Dracofx?
Top Positive Review

“Best for beginners”

Mahesh j.
1/16/18

After reading so many bad reviews I was confused whether to start or no but luckily I got a good accounts manager I was asking him about the the reviews so he gave me a idea about the reviews.So its been 8 months started my trade in Draco upto now I havent faced any issues with my withdrawal, by looking at false reviews it wont give you a good experience. Specially My withdraw came as INR, so as an Indian I havent faced any issue with my country government. Thanks for the support dracofx

Top Critical Review

“I am new in this market.”

AK B.
3/20/18

Some people saying positive and some are negative suggestions about this company How I can take a final opinion?

Reviews (33)

Rating

Timeframe

Other

Reviews that mention popular keywords

account manager (7) 2 years (3)
Thumbnail of user vincentp38
1 review
19 helpful votes
October 19th, 2017

Dracofx provides the best approach to traders and opens up good
Relations. The withdrawal method is very easier here.
I like their readiness to solve problems when I approach them. Also Dracofx provides fund safety features in which I know my account is secured and I can be sure that nobody uses my funds or personal data. Thus, this broker has good relation with clients, fund safety feature, readiness to solve problems. I recommend Dracofx.

Thumbnail of user maheshj4
1 review
26 helpful votes
January 16th, 2018

After reading so many bad reviews I was confused whether to start or no but luckily I got a good accounts manager I was asking him about the the reviews so he gave me a idea about the reviews.So its been 8 months started my trade in Draco upto now I havent faced any issues with my withdrawal, by looking at false reviews it wont give you a good experience. Specially My withdraw came as INR, so as an Indian I havent faced any issue with my country government. Thanks for the support dracofx

Thumbnail of user devikar1
1 review
9 helpful votes
May 15th, 2018

Dracofx works fine, I do 4 withdrawals in the last 2 months. Only the latest was longer (5 days instead of 3, but in their range of 1 to 6 days, so its ok)
They are good really good, Everyone knows all the brokers are here only to make money, i got good experience with these guys and comparing to other brokers the servers are not bad. Any ways friends its my opinion draco is good.

Thumbnail of user surendras4
1 review
0 helpful votes
July 12th, 2017

I recently deposited with Dracofx and I have been delighted so far with everything. I love the fact that they are regulated. I take advantage of their education and use a standard account to practice trading on. Im not a huge trader so I have deposited the minimum of $200 and find its an excellent way to practice trading and withdrawing some minimum amount weekly. I use the education resources to learn some strategies. I am absolutely satisfied with the service of Dracofx!

Thumbnail of user vickyw24
1 review
17 helpful votes
January 22nd, 2018

I joined Dracofx on September 03 good support from them, I have lost 2500$ in iqoption and Dracofx is the one who help me to recover my lost amount within 2 months, no issues while withdrawals, thanks for Dracofx and my account manager

Thumbnail of user varunc3
1 review
23 helpful votes
February 5th, 2018

I am varun from New Delhi, India. I am working as Civil Engineer in UAE. I also have a account with dracofx since last 2 years. Great for platform traders. Easy to deposit and also easy to withdraw money. Every month they call me and asking how about my trading? Is there is any problem? What i have to say? I have no problem until today. This is a fun company with contests constantly going on. The company says they are the best trading broker in the world. I agree with them whole heartedly. Keep it up dracofx. I love to trade with them. I introduced my 26 friends as of now to dracofx and we haven't face any single issues yet and forever.

Thumbnail of user gajank
1 review
16 helpful votes
January 9th, 2018

I learned more trading and understood about how to identify scam companies even before i started trading, they still give me good guidelines whenever i request.

Thumbnail of user akb22
1 review
18 helpful votes
March 20th, 2018

Some people saying positive and some are negative suggestions about this company
How I can take a final opinion?

Thumbnail of user vijayp20
1 review
20 helpful votes
October 23rd, 2017

I have been trading with dracofx for past 3 years, I started as a fresher with there support and guidliness, Earlier stages I was trading in forex and now i am trading with most of the crypto currencies since dracofx implemented crypto currencies recently. For a day Iam making around 10% to 20% profit from my equity. Specially withdrawal is very easy and quick, once I put the request its intantly gets approved and Mostly I get within 2 days. I would say anyone to join dracofx. Perfect support

Thumbnail of user sanketp4
1 review
10 helpful votes
May 15th, 2018

Hey, dracofx is a good company, their customer service is great. I opened a standards account and doing well. Hope they are professional one while noted their communication systems!
I love draco

Thumbnail of user sachinb10
1 review
3 helpful votes
May 31st, 2018

Dracofx is a great broker to deal with. Support people are always ready to hold your hand. My managers are polite and well educated. Once, I had problem with my platform and there were more than 3 people to help me out successfully. All the deposits made by me were timely deposited and as well for the withdrawals. It takes around 3 business days to redeem. They have great bonus offers everytime and low spread. You can choose from fixed/floating spreads. Wide range of services. Because of all these things, I have referred too many customers to Dracofx and they are all happy!
Thanking my Account Manager who introduced me to Dracofx.

Thumbnail of user jagank1
1 review
6 helpful votes
May 15th, 2018

I had an issue with a withdrawal and was actually my bank's fault - as they were holding the money for some weird reason, my account manager actually settled the thing with my bank... they extended the service, where I also doubt them for a while then after they helped me I realized it was the banks mistake banks could have handled it. 5 stars and this is little. This is how serious business is done,

Thumbnail of user chandranp
1 review
14 helpful votes
July 24th, 2017

My name is Chandran! I am trading in Dracofx for the last 3 years.
I have invested upto $4200 until now. And am getting a withdrawal of $700 every month as an average profit. And the withdrawal procedure is very easy and quick.
All the employees working at Dracofx are doing things on a proper and a genuine manner. Love doing trading with them.

Thumbnail of user zabithh
1 review
17 helpful votes
October 25th, 2017

I started in dracofx after loosing in many forex companies, I lost all my money in many forex companies even if i had enough knowledge but in dracofx when i started they gave me support as never before, they always give the maximum effort from the first till now, I have been trading in dracofx for past 2 years and till now support and withdrawal is perfect. Withdrawal never get delayed. All the department in dracofx gives instant support when ever you need. I personally have an account manager and his guiding me very well.
I would say pro's and fresher's to join Dracofx

Thumbnail of user saradc1
1 review
2 helpful votes
May 30th, 2018

I am Sarad Chaulagain from India.
Today I got the withdrawal of 3800$ from Draco to my Bank: D
I never thought to write a review about the Dracofx till I receive my Withdrawal, by being a trader of Draco I am the Victim for their good support. I have traded with many brokers but non of them are genuine but Dracofx is honest broker where I am trading. Thanks for the support!

Thumbnail of user kunals11
1 review
0 helpful votes
June 1st, 2018

I trade with Dracofx for over a year now and I am satisfied with their services. The broker is constantly improving their trading Options. I first deposited 300$ with Standard account. As method to deposit I use my bank card also the same system for withdraw. My funds were instantly in the trading account. I applied after that for the 50% welcome bonus,. The platforms MT4 and Sirix work with fast execution of trades, real time prices, and a big plus in my opinion is that the broker is not manipulating the prices. During a trading session I trade from currency pairs ( major and exotic), Crude Oil, Gold/ Silver, Bitcoin and shares from Amazon and Apple. Lately my profit is over 1400$, but at the beginning I was making 400-500$. Is not the same for each month. Also I deposited recently 1500$ to participate to the contest Win a iPhone X. When I had problems with the platform if it crashes or bugs their support team is helpful. For withdraw the broker doesn't have any hidden commissions. I recommend them, honest and reliable broker!

Thumbnail of user adnanm5
1 review
22 helpful votes
October 24th, 2017

I been trading with Dracofx. It's my first broker. I don't trade alone and my account managers Umar Mustafa and Harish is guiding me properly to make daily profit because am still newbie to this trading. My only question is if Dracofx is trying to scam their clients then why should they pay me regularly every time when I withdraw profits from my account? And why should they guiding me properly?. Just I want to let everybody know that Dracofx release all my withdrawals on time. I am very pleased with that. I have read all the negative feedbacks here about Dracofx. But I never experienced any bad services/ poor support from them. I really trust Dracofx Broker... because of my good experiences with them. I will never quite Dracofx platform and I'll recommend to my other colleagues too. Thanks Umar and Thanks Harish for giving such a wonderful support and good luck :).

Thumbnail of user jagadhisak
1 review
8 helpful votes
May 15th, 2018

I have a positive experience with Dracofx. I have a draco Standard account in USD currency with a first deposit of 200$. I trade during day time, using long term and short term positions. I use currency pairs GBP/USD, USD/CAD, USD/NZD, USD/CHF and USD/JPY. The profit is reasonable 215$ a month. I never experienced money lacking from my account. When I had delays in execution I called the support team and they always address my problem. Till now I am pleased with them.

Thumbnail of user sjengf
1 review
15 helpful votes
May 12th, 2017

The dracofx team has employee like ahamed & josh who directly just think for their company & target if somebody is doing good transactions in his account they first let the client do so then they earn a good commission when the client wants to get withdrawal they play the game & using good words they access their account & make loss transaction & when client sees this they say sorry sorry. System was automatically crashed bla bla.& final make the loss so the client cant take money back to his home.

Service
Quality
Thumbnail of user kannanp
1 review
20 helpful votes
July 7th, 2017

I have been trading with dracofx for the last 10 months with the guidlines of Ahamed Shaikh.
Till now everything is fine, where all my withdrawals are processed on time.
And whatever the promises he gave me are fulfilled upto date.
I started with a $500 investment, and am making around $15 on a daily basis.
Very satisfied with their service and planning to come up with alot of referals.

Thumbnail of user siddarths1
2 reviews
19 helpful votes
November 26th, 2017

I saw some negative reviews and got scared to start the trading with this firm, After few days again my manager called me and asked me to make the investment, I thought of giving a chance and started finally, Thank god for starting the business with this firm. God is great I am making lot of money now, I am regretting why didn't I start on the first day. I read many reviews saying cheating, Withdrawal problems but I never faced any problems, My manager always forces me to withdraw my money weekly saying he get commission, Never seen a good firm like this. Do not miss this firm its very nice, I thought to put my thoughts, So many people like me would have missed to start with this firm because of some negative reviews. Check me in the social trading under the name of SIDDARTH5878. See how much of money I am earning, Really excellent.

Thumbnail of user varunp2
1 review
8 helpful votes
May 14th, 2018

Hi, my name is Varun and I have 2 accounts with Dracofx, one in dollar and one in Sterling, have been with them about 2 years, I don't really understand the argument here, I never had a problem with them, I manager is been kind in every way, I have bonuses every time I deposit and the Target Points starts again, I made withdrawals more than 20 times and everything was Perfect, when I loose money I know I lost it because of my trading decision not because of them because I also loose in CMC and intertrader,, all the thoughts they give you and advise you about market conditions and analysis is just their thoughts and if you watch CNBC and Bloomberg you will learn that every fund management and financial institution has different thoughts, so blame yourself guys about your decision.
According to me their support is superb and their market analysis is also perfect to make daily decent profits...
Thanks a lot Dracofx and I will introduce my others friends too as I did...

Thumbnail of user syedu4
1 review
32 helpful votes
September 22nd, 2017

They are big cheaters. Liers. Robbers looters. You name the bad word about them and it will match them. They took 6 months with trades and forcing me to add funds promising big profits and withdrawals every month.And finally when i refused to add more money in 3 days all my portfolio bacame zero. All trades initiated and operated by Josh zain and omar and ahmed and now vinod. I did not initiated any trade. All done by their agents. They are big big cheaters. I wish i can lodge a complain with interpool or big police to stop this looting and robbing other simple innocent peoiple. Otherwise they will make money by looting other innocent people. I wish police catch them and put them all in jail. Syed Khalid Umer

Tip for consumers:
They are big cheaters.liers. robbers looters.you name the bad word about them and it will match them.They took 6 months with trades and forcing me to add funds promising big profits and withdrawals every month.And finally when i refused to add more money in 3 days all my portfolio bacame zero.All trades initiated and operated by Josh zain and omar and ahmed and now vinod.I did not initiated any trade.All done by their agents.They are big big cheaters.i wish i can lodge a complain with interpool

Thumbnail of user jamonj
1 review
15 helpful votes
December 24th, 2017

I never thought to right a review about this platform but I was wondering why some traderslike blaming brokers for their loses, it is always vexing me whenever I see traders blaming brokers especially when they blame Dracofx for their loses, but if you dont know how to trade, why did you ignorantly go into trading yourself? Instead of you, to ask for how you can learn how to trade, or you can even learn trading through Dracofx Account with their guidance. I have been trading on Dracofx platform for some time now. When I joined dracofx I knew nothing about trading, which immediately I opened an account with dracofx, my account manager who has been assigned to me called me and he welcome me to their platform and asked me if I know how how to trade which I said 'No' and he introduced me to the Social trading System and gave some tips and I monitored the trading of some traders on the system, I funded my account with $ 2000 and I choose a trader who trades on my behalf, after we reached on the profit and this made me to be an investor, while doing this I went for the trading webinars, which was organized in Online and I also made use of the dracofx E-materials all this helped me in training which made me to now become a professional trader. Now I am a big successful trader. So whoever says dracofx is a scam or dracofx makes him to loose his money should check himself and stop saying things that are true. I have introduced my friends here and they also made good money and they payed the withdrawals at a time as they promised so Do not blame the broker for your silly mistakes and you could have take their support for trading instead of doing it alone. Forgive me If I hurt anyone. I am Jamon from Kolkata India.

Tip for consumers:
If you are really want to make some good income I would suggest you to go with Dracofx as they are my favorite.

Service
Value
Quality
Thumbnail of user nandhug
1 review
0 helpful votes
July 14th, 2017

This forex broker has a lot of customers and excellent organisation. Deposit and Withdrawal is very fast. Sometimes I get money in couple of hours. You can use Dracofx Prepaid card for withdrawal option. Competitions, support, website, informations, news widgets everything is excellent. When you visit Dracofx homepage you will need hours and hours to read interesting articles and news and promotions. There are a so many contests and promotions that it is hard to count all. Website is full of tools I like Dracofx pip calculator and informations.
This broker is some serious business! Fast execution, tight spreads, and no extra commissions. Definitely a match for Forex trading. Overall I recommend them..

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Welcome to the Official DracoFX Facebook Page where you can find updates, news events and market reports. For more info visit our site www.dracofx.com

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