WorldFxTrading.com Review

It's quite surprising that most of the people or companies who claim to be managing people's fund could be trading without using stop loss. I have taken some time to view some of the results posted on FPA and discovered that so many of them are just gambling with people's money. It has become very difficult for them to close their floating trades as they keep hoping that the market will turn very soon as they have the power to reverse a trend. One even placed an 800-lot-size-trade without stop loss!
I hope investors would always do their due diligence before pitching theirs tents with any so-called fund manager.

I had a managed account with them, but left with a loss of about 40% after some weeks. If you see their account e.g. at Forex Verified, it looks good, 72% this year. But if you go into details, it is quite clear, why you will lose (and they earn money). The average profit per trade is 1,5 pips. But they take 2 pips markup, so the average "profit" per trade is actually -0,5 pips, that means a loss for the whole year. Beside this it is only a Demo-account (it doesn't say so), so you will lose additional pips on a real account. When I saw this, I asked them to produce a statement of a real account, but they couldn't.

Hello,

i joined worldfxtrading since 3 months. They burned 50% of my account. Do not waste time or money with them. They changed their trading style 3 times within these 3 months. I believe they really do not know what they are doing and they make money by commission from broker. Do not looks like they are interested in trading profitable for you.

Here is link to my LIVE account statement:

http://worldfxtrading.fxtb.de/

If anyone wants live statement, i can send it.

Hope i could prevent that other investors waste their money with them.