ForexCapital.com Review

Similar story here. Had to switch out of the directional programs after getting smacked for a 27% drawdown (October) only to walk into a brand new high drawdown for the Options programs. I don't think the results on the webpage are legitimate at all. When I've talked to other trading houses who were offering managed accounts and said I was investing with FCM I was warned that it was 'extremely' volitile and people had lost money in the past. I thought they were just trying to get my business and bring them down(and they probably were). Even so, I should have listened. Now I've gotten my butt handed to me.

His old accounts were in USD programs that blew up. So in March 2007, he switched over to EUR based programs citing stop poaching, pump and dump etc as the reason the USD programs were not working. New EUR programs did ok to start, then went into 30% drawdowns, which were twice the previous 10 year (supposedly) track record. He they created new EUR programs and marketed those..... same result. New high drawdowns. Now he switched us over the options programs..... and now those are approaching new high drawdowns. All this to say - don't even start to believe the results advertised on his website.