FxProgress.com Review
4.061 •
5 REVIEWS
Out of business
Updated: Apr 13, 2022
•
Website is down. Compamy appears to be out of business.
Out of business
4.061 •
5 REVIEWS
Recent User Reviews of FxProgress.com
S
SSE
Southeastern US,
May 16, 2009,
Guest
Something is weird here. They are charging the highest fee ($1150) I have ever seen for monthly signals relative to what they show as their results. The results are great, but there is no way to verify them and there is no free period so that you can trade on demo and then compare your results to their results to see if they are reporting honestly or not.
Also, if you want to trade a management account with them, you must have min. of $100,000 which is odd because many of the managed funds out here have as good of a result, but you can get in with $5000 or $10,000. Also, they don't just stop at the performance fee of 35% (which is accceptable), but they then make you pay them a 2% management fee, which is old school...people won't pay this anymore as it just shows that over the long term the vendor has no confidence in his/her system / method / process.
And the worst part about the management fund is that they have no real performance to speak of what so ever....they only show a hypothetical track record. This tells me that they don't even have a single customer (including themselves) and thus they can't come up with a real time trading record to post. Something is odd here, so be careful that you don't fall into a trap....for all you know this site could just be owned / operated by a gambler waiting to see if he can get one person to throw in $100,000 that he can then try to double in one month, and make himself a quick $35,000. Just be careful.
Also, if you want to trade a management account with them, you must have min. of $100,000 which is odd because many of the managed funds out here have as good of a result, but you can get in with $5000 or $10,000. Also, they don't just stop at the performance fee of 35% (which is accceptable), but they then make you pay them a 2% management fee, which is old school...people won't pay this anymore as it just shows that over the long term the vendor has no confidence in his/her system / method / process.
And the worst part about the management fund is that they have no real performance to speak of what so ever....they only show a hypothetical track record. This tells me that they don't even have a single customer (including themselves) and thus they can't come up with a real time trading record to post. Something is odd here, so be careful that you don't fall into a trap....for all you know this site could just be owned / operated by a gambler waiting to see if he can get one person to throw in $100,000 that he can then try to double in one month, and make himself a quick $35,000. Just be careful.
M
Mike
Australia,
Nov 24, 2008,
Guest
Anyone got to NUTS to pay $1000 for this service. No 3rd party verified results or free trial. Is this a joke.
J
Joe Teng
Kuala Lumpur,
Nov 11, 2008,
Guest
Like their honest report and consistently performing keep a tight stop. Good signal service
P
petersurrey
UK,
Oct 30, 2008,
Guest
I assume that their monthly sub is an error and doesn't really read $980...
S
Sonny Sun
Malaysia,
Oct 29, 2008,
Guest
I like this signal service . It increase my confidence while trade, I am glad and see my trading account balance building upward.
It is a great signal provider. definitely worth it for me.
It is a great signal provider. definitely worth it for me.
P
Peter Lim
Malaysia,
Oct 29, 2008,
Guest
One of the most trustworthy signal provider.
I use it to day trade my private fund. So far so good it has perform better than I expected. But beware the price is hefty only for big trading position suitable.
I use it to day trade my private fund. So far so good it has perform better than I expected. But beware the price is hefty only for big trading position suitable.
S
Song Chai
Thailand,
Oct 26, 2008,
Guest
One of the signal provider I use to trade my fund