lyonsforex.com Review

So far i've seen good results with this company, they always send the profit checks home every time I'm in profits and they are very professional.

If you need significant tax losses with the potential of years of carry-forward losses Lyons Forex is for you. It would be difficult for even the most inexperienced trader to lose his capital at a rate matching the rate at which Lyons Forex lost my money. They lost 60% of the account value literally over night on one trade. They then proceeded to lose another 70% of the remaining balance over the next 4 or 5 days. When I opened the account the rep assured me that they used conservative trading practices and that they had averaged about 3% plus a week in returns. As it turned out, they don’t use stop losses, they overtrade accounts which generate commissions/fees for them and they trade far too many lots relative to the account size which also generates fees.

I have experience with this group and will never go back with them..... They use no stops and are willing to risk everything! I was told they would risk only up to 30% at any one time and found that they break their own rules by risking over 50 % of your account.... NEVER NEVER NEVER again!!!!! I ended up taking a good hit and would not recomend this group to anyone unless you are willing to lose $100,000

Lyons Forex was extremely helpful to me and I love working with them. My profits are definately higher than my losses. Would recommend them.