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forexforecasts.net Review

Overall Rating: (3.067)
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Total Reviews: 17
Last Updated: 2010-02-19
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Felix Homogratus, USA

Rating:No Rating
Date of Post:2006-11-02
Review:I do not have any experience with this company. If you do, please kindly submit your review.

Former Client, Sydney

Rating:No Rating
Date of Post:2009-07-07
Review:Anyone considering joining this service should ask themselves then the service provider why the equity cure was last updated Feb 2007.

I was a client and I know why.

Look at GBPJPY did at that time. Imagine you had leverage of 10:1 and were long........ without any stop loss.

Ahmed E.Khatib, Egypt

Rating:
Date of Post:2009-06-21
Review:the FX account i have is above average but not always make money every month, so far it is making money in the long period

JB, TORONTO, CANADA

Rating:
Date of Post:2009-01-18
Review:I am just updating after having drawdown between 10 - 30% in the past year that my account is now in positive territory. It has made extraordinary gains in the past 4 months. I am very glad for this guy because he has really been working hard and its nice to see this comeback to offset the losses in my other accounts. Keep up the great work and all the best for 2009!!!

Aftab Yusufzai, London, UK

Rating:
Date of Post:2008-07-28
Review:
After reading the positive reviews i emailed Khalid viweing their "24 hour email reply guarantee"

i asked them a series of question before even deciding to invest the $50,000 required minimum.

I got,

No answer !
No Phone number displayed !
No location displayed !

I think the public should be warned against a potential scammer .. if he steals your money who will you contact? I think you need a Psychiatrist if on those attributes you decide to invest.

Jose Phillipe, Maryland

Rating:
Date of Post:2008-05-25
Review:been sitting on 30% drawdown for months. i speak to the trader and i am confident it can recover
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Joe Z., NY

Rating:
Date of Post:2007-12-15
Review:Have had account for over 3 years,the last 2 years was incredible 100% or higher but this year up 15% with a current drawdown of 20%--- I still believe this is one of the only traders that I came across that can make money in FX

Phil, Gilroy

Rating:
Date of Post:2007-09-20
Review:While I have calmed down over suffering a 75% loss, I do not feel that any dishonesty went on I do have a problem giving any star rating and there is only one other option. As of Sept 20th 2007, I have not had any word from Kal, and I have NOT contacted him to pressure him about limiting the loss to half the original amount deposited. I am concerned that no trading figures have been posted. I intend to contact him in around the start of October. With the recent trading conditions I hope everyone faired well

2007-05-02 Scam

My loss was a very real and painfull +75%. I have closed the account and can only hope he comes up with the 5k that he told me that he would send me in around 6 months. I will sti;; be 10k down if he honours this.

Peter, CANADA

Rating:
Date of Post:2007-05-01
Review:have had fx managed account with him for long time but got nervous in March when the account has large paper loss then it recover. did someone lose money or just paper loss because mine is just paper loss and then recover. still i have account with him but i withdraw the profit in past 2 years. still he is doing much better than ym other fx and stock investment. i have speak to the compnay and they are said most account is only paper loss and it recover he is trade with many broker and only some account have some loss in march for my account i have make over twice investment income in 2 year

Miroslav, Slovakia

Rating:
Date of Post:2007-05-01
Review:I am not feeling comfortable with Kal's trading style. He did 8.5% loss to my account with just one trade, following a negative trend for almost four weeks, with no stop-loss. I am also trading shares and I never risk more than 2% of my account value with one trade, so I don't understand how he can risk that much with one trade. He may have results (I can't tell if results on his page are real), but his trading style is just not my thing.
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Disclaimer and Risk Warning. Please read.

Risk Warning. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Disclaimer All information posted on this website is of our opinion and the opinion of our visitors, and may not reflect the truth. Please use your own good judgment and seek advice from a qualified consultant, before believing and accepting any information posted on this website. We also reserve the right to remove, edit, move or close any post for any reason.

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