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Poia

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Operating status: SCAM

Website: https://poias.co

Broker violations and abnormal records
  • Mar 24, 2022 BrokersView has reviewed that Poia is an unregulated forex broker

    Poia claims it is one of Australia's original Meta Trader 4 Forex brokers and it has been operating since 2008. However, when we checked its domain, we found it was newly created in 2022. So how could it start to offer services in 2008? It is a red flag here. Besides, to be able to operate in Australia or offer financial services to Australians, brokers are required to hold a license in the Australian Securities & Investments Commission (ASIC). But we did not find any match results to Poia in ASIC.

    What's more, this broker claims it is regulated by the National Futures Association (NFA) with regulation number: 0545549. However, searching in the NFA, we found Poia is not an NFA member. That means Poia is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.


    Poia claims it is one of Australia's original Meta Trader 4 Forex brokers and it has been operating since 2008. However, when we checked its domain, we found it was newly created in 2022. So how could it start to offer services in 2008? It is a red flag here. Besides, to be able to operate in Australia or offer financial services to Australians, brokers are required to hold a license in the Australian Securities & Investments Commission (ASIC). But we did not find any match results to Poia in ASIC.What's more, this broker claims it is regulated by the National Futures Association (NFA) with regulation number: 0545549. However, searching in the NFA, we found Poia is not an NFA member. That means Poia is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Mar 29, 2022 BrokersView has found that Poia is not working

    BrokersView found the domain https://poias.co is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain https://poias.co is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

25 comments

jack cc
my trading style is to put all of my balance in one trading. that is why i only deposit as low as possible and take profit as much as possible. and market only need move 50.0-100.0 pips against my open trade before i got stop outother broker ban my trading style. i do not know why. and some of other let me do my style and delete my profit after that. which is unfair. In my tickmill ECN account, i can trading using my style without any problem. they accept my style.and have no problem withdrawing my profit
Oct 09, 2024
Reply
Epic
I've been trading with Tickmill for a few months now, and my experience has been fantastic. The platform is user-friendly and offers competitive spreads. Customer service is responsive and helpful, always ready to assist with any queries. The educational resources provided have significantly improved my trading skills. Highly recommend Tickmill to both new and experienced traders!
Sep 27, 2024
Reply
lina mohamad
one of best broker for arbitgeur trader, Open an ECN account to test my Arbitrage EA with small deposit and i am notice My Arbitrage EA working smooth here smooth execution for my EA transaction cost is not expensive i will see how my portofolio grow here.
Sep 24, 2024
Reply
Lad
For sure this broker can be recommended. Trading is profitable here. The orders are executed instantly. I prefer forex trading with advantage on its ECN pro account with minimum deposit $ 25. ECN spreads are fluctuating but great widening is not observed. I like to trade Chinese Yuan against USA Dollar. The environment allows the yuan to trade freely and forecast the movements of it taking advantage of the exchange rate fluctuation. The broker even credits positive slippage to my account… sometimes there is a negative one during news release – get used to it trading with other brokers. do not think it is possible to avoid it completely.
Sep 13, 2024
Reply
Sani Abdullah
move to Tickmill from my old broker. and i am satisfied with tickmill trading conditions. my old broker compare with tickmill ?my old brokers charge 5 pips spread and $50 commisions, so i am very satisfied with TickmillAnd different with my old broker, their platform never freeze in high impact news. Fast withdrawal. what i can expect more?
Sep 06, 2024
Reply
Hairulnizam Hamzah
I've trading with Tickmill for 4 months and what i can say, They are honest broker. trade with their no commisions account and satisfied with their spreads, 1.2 pips for EURUSD is perfect spreads for trading either scalping or intraday. however it is variable spreads, so sometimes i got 2.0 pips. but it is normal if we trade with variable spreads broker. Their Customer Service is good, professional and polite when answering my questions. But i will love them more if they are add more trading platform like Ctrader. Overall as a happy clients , so far, they are doing a great job and i hope they can maintain and stick with their quality in future. sorry if i have error in grammar since english is not my mother language
Sep 04, 2024
Reply
Saint
Opened an ECN account with them and deposit small amount , $100 to test their executions. my plan was do news trade with this broker,because they claimed as ECN. To be honest, my news trade was executed perfectly. their spreads when news were litlle bit high , around 1.2-2 pips when news, but no problem,. as long as my trade executed fairly. made some profits and some losses, got 40% profits, and decide to withdraw my profits, and recieved it fast in my skrill account. Good broker with good services. they are fair and not mess with your account with you made some profits.
Sep 02, 2024
Reply
Taishier
I have a ECN account with them. The execution is fast and the spread is very good, Never had an issue with trading , like delayed trades, freezing chart , or any other problems that usually happen with another brokers, if you are a news trader, you need to adjust your stoploss with their widening spreads. depositing money in any brokers are always smooth ,however Tickmill withdrawing process is fast. A good forex broker with good attitude so far.
Aug 30, 2024
Reply
John
I have been trading with Tickmill nearly around 7 months with their clas sic account. I have gone through some profits and losess in my trading account. I can say they are really have good spreads start from 1.2pips for EURUSD in their clas sic account. I think their trading platform for offshore broker are really awesome, and I noticed in 7months I trade with Tickmill, I never has disconnecting problem, or freezing chart problem. Customer services are polite. Wide range payment methods, including famous e-payment methods in my country. I hope in near future they will have more regulations and offer swap free account.
Aug 26, 2024
Reply
Bless
Not bad broker, offers better spread, lower commissions, higher leverage and faster execution than other brokers.
Aug 14, 2024
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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