Fri 9 Oct 2009
Managed Forex Account too good to be true ?
Posted by echan76 under Investing
tenno1234 asked:
I came accross a Managed Forex Account (FX Funds Group) that shows a past return of 80% for 2008!. This just looks too good to be true, even with 35% fees.
Does anyone have experience with such funds ?
I came accross a Managed Forex Account (FX Funds Group) that shows a past return of 80% for 2008!. This just looks too good to be true, even with 35% fees.
Does anyone have experience with such funds ?
Google
forex scam (or forex complaint).
you will see about 100 pages of complaints.
Be careful out there.
They will take your money, not trade it, and then tell you that you have lost money……
funny, you need to study about Manged Forex Account, it’s true that managed forex acc is good , but the problem is the trader.. not all trader make money, but i believe some of them can…I read through the website of FX Funds Group, I think they have potential because they are showing their forward trading..which people can monitor their trading… maybe u need to read all so u can understand
Yes, it is too good to be true..
If you are trading or considering trading forex (foreign exchange).
I would definitely look into using Metatrader Expert Advisors (robots that trade automatically for you).
There are some out there that make an easy 5-20% monthly.
Here you can find a good comparison of the different mt4 expert advisors there are out there: