[Pharaoh]

Let's see...

Only works with one brokerage (and not a well rated one).

Contact page lists the broker's phone number and street address, but only email addresses for HGNFX. Do these people even have their own office?

Wants an absolute minimum of $50,000 to open an account (prefers $100,000). I can understand minimums for managed accounts, but these seem awfully high.

Claims 5 years experience, but the website was registered in Feb. 2008. There are some account statements that go back 5 years, but there is no way to verify the authenticity of these.

Website is full of typos and grammatical errors. Surely a company with over 5 years experience and millions of dollars under management could pay someone a few hundred bucks to fix this.

They claim to be regulated by the Swiss Federal Department of Finance, yet also claim that all client funds are held by the Swiss Federal Department of Finance.

Claims to be audited. Searching the audit company's website shows no data on HGNFX or their broker. What's the point of being audited by an independent company if that independent company doesn't show the results on their website?

Claims your money is held in an independent account, but you are not allowed to place any trades.

I might have considered looking at their LPOA and other agreements, but these are only available via email, not via download.


Overall, I see a bunch of things that would make me hesitant to hand over $50,000-100,000 to them. Maybe they are legit, but so far, I feel very far from being convinced.