ManagedForex.org Review

2.081 • 8 REVIEWS
Out of business Pinnacle Resource Management
Updated: Apr 13, 2022

Another web site of this company is PRManagement.org

 

Sites are down.  Company appears to be out of business.

ManagedForex.org
Out of business
2.081 • 8 REVIEWS

Recent User Reviews of ManagedForex.org

J
Johnny2pips
South Africa,
Jan 12, 2011,
Guest

Jim has since made Money Management his prime concern. I have been with him for 3 months now and all in profit. Albeit 4 to 5 % and very few trades placed. About 5 per month. Dec. and Jan. are bad months to trade so they are very conservative in their trades.
No fees and no churning. Would have thought they would churn for pips. I must give him 5 stars.
They did over 60% last year. If you want 40% plus per month as some do, then go to a casino.


2011-01-12 5star Jim has improved substantially . I am very happy with his trades so far. Very conservative No churning. Only about 5 trades per month. All in profit.

2010-11-07 No rating I see these posts are old and the website is still running. They must have improved somewhat.
I have done a deep research into James Gilberti and his websites which are;
axisfinancialsource.com The main site.
Premiermarketsadvisory.com
Bestforexinfo.org
Tradersvoicefx.com
The only negative results that came up are here. As I needed a managed account, I researched for many months and found Jim to be worth a try. His weekly SMS tips have been spot on.
My account has been funded with $10K for 2 weeks already and to date they have not placed any trades due to the current market climate. They only placed 5 trades last month as their capital management takes priority over the pips they score per trade.
I will keep you posted.
R
Robert Mullins
USA,
May 30, 2009,
Guest

I would like to share my experience with managedforex.org. I have been a client of theirs for over a year and saw some negative feedback on them from this website. I called them to ask about it and they told me that they have been in business over 3 years and there was only one person listed that had been an actual client of there's and that was addressed almost a year ago. They said that the rest who had anything negative to say were never a client with them.

With my experience with them I would have to agree. Their service has been good and their performance has reflected what they said. So, I must say that the people's comments seem very slanted to either benefit themselves or more than likely come from their competition.

I did some additional checking and discovered that sites like these don't have to verify the information given to them and post whatever anyone has to say. I feel that anyone who would base their financial decisions on websites like these don't have enough confidence in their decision making and probably should not be in forex in the first place. In fact they should keep their money in their 401K that lost 30% this year!

Just wanted to set the record straight!

Review Moderation Team Note: We go to great lengths to weed out fake reviews, both positive and negative. This sets the FPA apart from all other forex review sites we are aware of.

Since we don't have access to the client records of ManagedForex.org and also do not require reviewers to include scanned copies of account statements and photo IDs, it is possible that some fake reviews may have slipped through. Since Robert Mullins didn't send us any confirming information, we can't be 100% positive that he is really a happy client or not.

We consider reading reviews to be one part of the due diligence all traders should undertake before opening a managed forex account. The FPA strongly encourages readers to do additional research beyond the reviews before handing over control of money to anyone.

If a representative from ManagedForex.org would like to post an unrated review disputing any of the statements made in other reviews here, we will be happy to approve that review. Companies are free to speak for themselves in our reviews and many of them do.

Since this review was left using an anonymous proxy, the 4 star rating has been removed.

We hope the record is a little straighter now.
D
dave
virginia,
May 17, 2009,
Guest

Only give them your money if you want to pay someone to lose your money for you. In a matter of days they took my account from $15000 to $8000. After a month I cut my losses and got sick of listening to their lies. Everything on their website is a lie. I am amazed that they haven't been shut down!!!
M
Mr Leong
California,
Aug 12, 2008,
Guest

Jim states that I am making accusatory remarks about the company and claims that they are going through a different type of trading and my account is not down. Then why did they lose $4000 of my money?He told me to go ahead and close my account if I do not want to switch over to the new type of trading. They are a bunch of liars. I am going to close my account and will continue to let every forex website know about these liars and crooks.
A
Andy
California,
Jul 7, 2008,
Guest

They said their Platinum accounts are up 0.5% for the month of June. Actually that is not true. My account went from $15,300 to $13,000.
R
Roddy Howald
Tulsa, OK,
May 30, 2008,
Guest

I worked and worked on trying to go down the introducing broker route, only to learn after multiple conference calls that the posted performance was only true for a few months. The NFA guidelines on advertising is clear. All these managed account offers need to do more than simply post a CFTC required paragraph about hypothetical performance. One chart should show their hypothetical live testing or back testing and another should show "live trading results".

I can't imagine a typical client getting the information my friend and I pried out of them. We finally discovered that the history of live trading was only 5 months old and not the several years posted online. The reason we discovered this was because FXCM was reviewing my website and insisting that I prove the performance of the other traders I was posting. So in essence FXCM's compliance department kept me out of Pinnacle.

Please do not take that as a compliment of FXCM as they were just trying to cut out their competition. FXCM is almost as bad when it comes to this issue, but I did notice that they now include commentary on their equity curves as to when live trading began.
I
Ines
Argentina,
Mar 17, 2008,
Guest

I feel I need to to comment on the other two negative reviews on this site. I've been a customer of Managedforex.org since before the first of the year. When I saw the negative postings I asked them about it. They told that me neither of these people were ever clients of their's. So, apparently, we have one fake posting and the other posting saying bad things where he even admits to never being a client of their's.How can you give a review when you don't know what you are talking about unless you are just out to cause problems. I know whats being charged to my account and what the review says is not correct. Also, as long as I'm making a profit, what does it really matter what they make. Many forex brokers are currently charging 3-5 pips and they don't trade my account for me or worry about me making a profit. ManagedForex.org does not charge a performance fee unless my account makes at least 3%. Plus, they have what they call a Flex Program that rebates me if I have a realized draw-down.

With this said, there is inherent risk in forex trading but I think that these guy's are doing a good job in helping their customers.
A
Andre
Europe,
Mar 14, 2008,
Guest

They are complete liars! Stay FAR away from them. They post false statements on their site and their fees are ridiculous! IF there would be a profit it would be split 80% to them and 20% to you the investor if you calculate all fees (3 pips !!! 35% performance fee)
R
ron
Pennsylvania,
Feb 29, 2008,
Guest

I was with them for 3 months. I kept incurring losses each month while their website was reporting profits each month. I kept asking for an explanation but never received any reply. Pulled my money out and took my losses.