Terrible, unethical, ignorant forex managed service.
I was scammed and mislead by forexportfolios.com All information listed in their website are false and would like them to be fully investigated.
(1) Money management issue: they reckon maximum draw down is 5% with strick money management rules, However this is totallly rubbish as I've been with them less than a week the draw down is over 80% which is HUGE ! there is no money managment rules/system in place !
(2) I was asked to open 2 more accounts after my initial one as I was explained they going to try different strategies and for capital preservation, However, all 3 accounts are holding exactly same positions and same size. This has case and massive increase in risk!
(3) Looking at the statements of each account, I found all tradesin the 3 accounts are entred and exited exactly at the same time, which means they have been using an Expert Advisor. This is very deciving and different to what I was told it's manual trade by money manager !!
I'm happy to share my painful experience with any one for the purpose of avoiding these scammers !!
AVOID AVOID AVOID these guys at any cost !
I was scammed and mislead by forexportfolios.com All information listed in their website are false and would like them to be fully investigated.
(1) Money management issue: they reckon maximum draw down is 5% with strick money management rules, However this is totallly rubbish as I've been with them less than a week the draw down is over 80% which is HUGE ! there is no money managment rules/system in place !
(2) I was asked to open 2 more accounts after my initial one as I was explained they going to try different strategies and for capital preservation, However, all 3 accounts are holding exactly same positions and same size. This has case and massive increase in risk!
(3) Looking at the statements of each account, I found all tradesin the 3 accounts are entred and exited exactly at the same time, which means they have been using an Expert Advisor. This is very deciving and different to what I was told it's manual trade by money manager !!
I'm happy to share my painful experience with any one for the purpose of avoiding these scammers !!
AVOID AVOID AVOID these guys at any cost !