mmstrading.com.au Review

3.388 • 7 REVIEWS
Out of business
Updated: Apr 13, 2022
Website is down. Company seems to be out of business.
mmstrading.com.au
Out of business
3.388 • 7 REVIEWS

Recent User Reviews of mmstrading.com.au

D
Dave
Philippines,
Oct 9, 2008,
Guest

My experience is the same as Leonard. My account was wiped out within a few days. I emailed them but never received a response.
L
Leonard
California,
Oct 8, 2008,
Guest

I funded the managed account last week and today the account is blown out with a margin call. I tried to warn the trader that he was over leveraging his trades. Their response was this has never happened before. Before I could cancel my account, all funds are gone. Now it is too late.
P
Panagiotis
Greece,
Jul 14, 2008,
Guest

I'm in MMSTrading since March 08. I like their money management rules, good performance ,very professional trading.
R
ryan
australia,
Jun 25, 2008,
Guest

first of all i have invested 100k with the managed account mms trading offers and i have made fantastic results since feb 08 till now.
if any of use have any understanding of the market and understand how volatile and hard it is to trade at the moment you will respect the profit made by there fund. You should look at other funds and i bet you that you wont find a hand full that have made such high results so far for this year and even some funds making negative months of 10% or more which scares me.

I also trade myself and subcribed to mms's signals. i didnt receive many signals and emailed them and they said they havent been generating many signals due to the markets high volatility and indirectional movement which i understand.

All i got to say is i am happy with my managed account with mms because my money is held with a very respectable broker and i can withdraw it when ever i want and Im making fantastic money. For the signals they gave me an extention to my subcribtion until more signals start coming my way.
T
TX Forex
USA,
Jun 20, 2008,
Guest

After opening the LOPA, I found that this is the same trader (Brian Bacarissi) that runs BacarissiResearch.com, a shady (managed account)Forex site. I have spoken with this man personally and found that he presently lives in Africa. he post unvalidated returns. He charges a $1260.00 set up fee under a managed account.
B
Basil
Dubai,
Jun 12, 2008,
Guest

I subscribed to their trial, I paid $60 for the trial, I did not get any signal the first two weeks, so I sent them an email informing them that I am not getting their signals, right after that I got one signal, this was the first and last signal I received during the month trial. I emailed them again asked for a refund, they send since this was a trial there is no refund and they are going to extend my trial. I never received anything from them after that. They stole the $ 60 and got away with it, you can imagine what could happen if you give them your money to manage for you
R
Rami
Australia,
Jun 7, 2008,
Guest

ive had a managed account open with mmstrading for about 3months, and ive made a total of about 48% (initial investment of 20k AUD).
as john explained, they trade through fxcm, so they dont have access to your money.
im so impressed with the results so far that ive recomended them to my friends and family.
theyre very professional and have great customer service skills. i look forward to trading with them for many years to come.
J
John
Australia,
Apr 30, 2008,
Guest

Hi, I've had money in this companies managed account for 3 months and its gone from 40k to 60k which I'm pleased with. I also use their signal service which is a little more hassle but it helps me understand their trading strategies.

They trade through your own account with fxcm so you dont have to give them your money which is good.

Not a big company but I guess they all start somewhere.

I can't complain, hope this helps someone.

mezhunt@hotmail.com (if anyone wants to see my live accounts or something)