fxwinner.net Review

Not yet rated
3.105 • 2 REVIEWS
Out of business
Updated: Apr 13, 2022

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

fxwinner.net
Out of business
3.105 • 2 REVIEWS

Recent User Reviews of fxwinner.net

J
John
New York,
Sep 27, 2008,
Guest

Got there last month,really surprised. Risk is very high,but the performance is shocking me. Have one managed account gained over 30%, the account was up and down huge amount, I think it's over leveraged based on my standard.
I think risk less than 1/3 of your total capital is OK.
N
Nick
New York, USA,
Jan 28, 2008,
Guest

SCAM!! Avoid it at all prices. I personally lost 30K from them. Their trick is like this:

If no one is subscribing their certain signal, the published performance of this signal is faked and is very good.

If someone has subscribed the signal, the published performance is real (maybe good or bad, depending on your luck). Because the performance after your subscription is real, you won't doubt even if you lost money. You would think your were not lucky, instead of question their honesty. After you lost enough money and quit, their performance will be great again.

If all the signals have subscriptions, all the performance is real. In this case, if the performance are not good, they will provide a new signal with perfect performance (sure, it's faked and nobody has subscribed it) to attract people. That’ why they provided only 6 signals in 2005 and now it provide 10 signals plus 8 managed account.

I suspect that there is always people subscribing to signal 1 and 2, so I think these 2 signals is real. For others, especially those with great performance, I seriously doubt these signals have no subscriptions. If you were attracted and subscribed to them, good luck!

That’s why if you take a look on their newly provided signals and managed account; the performance is great (faked). After some time, the performance will not be great any more.

Same thing happened to the managed account. If no one use it, its performance is faked and great, if someone used it, it’s real (good or bad). When all the managed accounts have users, they will provide new one with perfect performance.

My real personal experiences with them:

I subscribed signal 1 and 2, the result is not good, and I checked and found that Real Time signal 1 and 2 have good performance, so I subscribed to Real Time signal 1 and 2. After my subscription, these 2 signals kept losing money. After I lost enough money, I decided to quit, and then these 2 signals start to make money every day!

I though I just had a bad luck. I found that their performance on managed account is great. So I opened a managed account with them with $1000 initial fee and 700 monthly fees (I don’t know what the current price is) and 50K minimum balance. Although this managed account made money every week for the past 6 weeks before I join, I lost 10K(20%) in 3 weeks. So I quitted and they start to make money again!

I have to say that I have no evidence that their performance is faked when no one is subscribing it (no one would know), but either I am extremely unlucky, or they are extremely dishonest.