GlobalForexManagement.com Review

Not yet rated

1 • 2 REVIEWS

Out of business

Updated: Apr 13, 2022

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Website is down. Company seems to be out of business.

A note on GlobalForexManagement.com's returns page says, "THE INFORMATION IN THE FOLLOWING CHART IS AN EXAMPLE SUMMARY OF MONTHLY AND ANNUAL RETURNS IS FOR TRADERS WHO ARE TARGETED OR ENGAGED AS AUTHORIZED TRADERS AND SHOULD ONLY BE VIEWED FROM A HYPOTHETICAL OR ILLUSTRATIVE PERSPECTIVE AND SHOULD NOT BE RELIED UPON BY PROSPECTIVE PARTICIPANTS AS ANY ASSURANCE OR PREDICTION THAT COMPARABLE RAGAIN THE ABOVE EXAMPLE IS ONLY A HYPOTHETICAL AND IT MUST BE EMPHASIZED THAT THE AFOREMENTIONED RESULTS ARE NOT TO BE RELIED UPON BY PROSPECTIVE PARTICIPANTS AS ANY ASSURANCE OR PREDICTION THAT COMPARABLE RESULTS OR RETURNS WILL BE REALIZED IN THIS PROGRAMESULTS OR RETURNS WILL BE REALIZED BY Global Forex, LLC."

Based on this, it appears that the returns they claim are only a hypothetical example.

Since this company appears to be based in the USA, we recommend checking with the NFA to see if they are registered. We can't find any reference to any registration on their website.

The FPA recommends a very high level of caution dealing with this company.

⭐ Recent User Reviews

Out of business

1 • 2 REVIEWS

Recent User Reviews of GlobalForexManagement.com

papadoc

London, United Kingdom,

Dec 9, 2014,

Guest

I have been dealing with Global-fx-Management for a while, on recommendation! Terrible mistake from my part. I asked for some of my money back over 1 year ago when the statements showed in excess of 210,000 Euros ( probably all fictional) but NOTHING was ever paid back,. I even paid £5k for an international lawyer to get involved, no luck! This company is a scam, they are criminals and must be stopped.
Shall we get together and try to do it. I am happy to get a website created so that we can DESTROY David Hicks John Walker and others. Any other ideas?..

Trader dale

, USA,

Jun 6, 2012,

Guest

I recently lost over 40K (63%) in one day because of two causes. The first was that the asset allocation module used by the Multi Account Manager (MAM) wasn’t allocating properly.
The second cause was a trader error. The trader made the mistake of entering 10 times the number of contracts than he should have. Then losses happened and the trader made the wrong decision of going back in again with the same volume of contracts to try and recoup the losses. He said "I knew that if I went back in at say 20 contracts, there was no way I could recover the loss of say 200 contracts. Unfortunately I made the wrong call and that made the losses even worse." There has been no other explanation nor a plan to recover the large losses (other than trading our way out) that would not have happened if the trader had not had made the error.

nemo100

, Canada,

Mar 12, 2012,

Guest

Has anyone tried these guys? They show fantastic monthly returns since Oct 2007. But no real info on their website about who runs company. So hard to determine if legit.

the min is 50k. i emailed them for info trying to find out who they were, where they were and said I had trouble to find out their legitimacy. I got a reply back and said they were full. Maybe that was because I tried to determine if they were a scam or not.

I am NOT saying they are - I just can't determine if they are legit or not based on info found so far.

They are with IB Capital brokerage to sign up with www.ibcapital.co IB capital only registered in NZ in Dec 2011 so no history on them. Their website is basic and even includes spelling errors.

So - anyone here have any experience with them? And if you do, how long have you been with them?