FxWorldMarkets.com Review

I was a paid subscriber to John Nasti and John Taxiarchos' FX WORLD MARKETS for a good part of 2010. I tried out all of their forex trading robots, and only one performed satisfactorily. This was a very high risk double-down strategy on the $/Yen. In my experience, their other trading robots consistently lost money, which makes me question the legitimacy of their claims of extraordinary returns.

The worst thing about FX WORLD MARKETS is that in late 2010, the broker chosen by Nasti and Taxiarchos stole all the money in everyone's trading account, roughly 1 million dollars and the life savings of many subscribers. Nasti and Taxiarchos had advertised on their website that all deposited monies were "very safe" and insured -- a claim they took down days after they notified their clients that their money was stolen. In fact, as John Nasti admitted later, the funds were not insured, and was handed over to known forex frauds in the bogus forex custodian FX HIGH SUMMIT. Nasti and Taxiarchos took little legal action, and claimed they could not afford on their own to pursue the matter of the lost funds. While Nasti and Taxiarchos' exact role in this loss of money is still under investigation, at the very least I think they are they kind of forex "experts" one should stay far away from.

Our fund had the chance to subscribe to the automated managed signals, which automatically trades 6 strategies on 15 currency pairs. We first tried the trial and had good results, so we decided to go forward. The only issue we had was having to open a separate account through their preferred STP broker, but we didn't mind after our $1 million account turned into $1,723,000 in just over a month. We have been with them for three months now and they have the best customer service I have ever seen. They were slow with getting us set up in the beginning, but they said they solved that problem.