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best-managed-forex-accounts

Discussion in 'Scam Alerts' started by Morris Kaneshiro, May 15, 2011.

  1. Morris Kaneshiro

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    The company led by Mr. Steve Hudson shows returns of 50% plus monthly. They also state that draw downs will be at most -7.49%.
    But, when I invested with them they lost 90% of my account in one day!
    I inquired on why and he said he fired his trader who did not use a stop loss.
    Anyone also has the same problem?
     
  2. vkemege

    vkemege Recruit

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    I put $10,000 into a PAMM account with FINFX with Steve Hudson at Best-Managed-Forex.com. They quickly lost nearly the entire account, while still showing monthly profits on their web page. This site and this PAMM manager is a complete scam. When I pointed out your post before I invested, he stated you were a competitor and that was the only complaint he ever had. Well, now this is the second, and I assure you I AM NOT A COMPETITOR. This company is completely fraudulently representing their performance, do not risk your hard earned money like I did!
     
  3. BigT1

    BigT1 Sergeant Major

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    Report your negative experiences to FinFx Customer Service Immediately, and ask them to investigate!
    FinFx is a reputable broker, and has never permitted fraud in their Pamm accounts, as far as I know.
    .
    Rescind your PAMM Agreement with Hudson immediately in writing, and fax or email a copy to FinFx.
    .
    I am quite ill at the moment with Flu. Time is important.
    Please ask FPA Leadership to assist.
    Click the Contact Us link at the bottom of this page.
    .
    Keep us informed, daily.
    .
    Anthony Ingrassia, CTA
    NFA ID#: 0278164
     
    #3 BigT1, Jan 26, 2013
    Last edited: Jan 28, 2013
  4. Pharaoh

    Pharaoh Colonel

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    The flu. :( Ah, so that's where you've been hiding. I was about to have your picture put on milk cartons. Get well soon!

    Vekemege, definitely follow that advice - end the agreement and complain to FinFx. Your broker can't return your money, but more and more brokers have started actively blocking companies that churn and burn client accounts while claiming to make profits. Complain and provide all details.
     
  5. BigT1

    BigT1 Sergeant Major

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  6. Pharaoh

    Pharaoh Colonel

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    Norovirus - ooooohhhh... nasty. Glad to see you back.

    Vekemege, did you contact FinFx yet?
     
  7. BigT1

    BigT1 Sergeant Major

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    Requesting updates from Morris and Vekmege.
    Have your interacted with the broker yet, and what is their response?
    Also, please provide a link to this Hudson trader.
    .
    AI
     

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