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iForexTraders.com Review Visit site

Updated: Apr 13, 2015
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Michael,
Poland, Poland,
Apr 9, 2015,
Guest

I had very bad experience with this greedy crook, he blowed out my acc $1000 within two days. I warned him many times that this trading is too risky on that big lot size, minimal reverse move caused downside 50% of the account then margin call and closed trades with a loss. He never listed to me saying that its not worth for him to work with lower size , leverage, because he wants to make 100% a day. He was paid 50% based on performance. He did one good day I would say half a day then loss 80% of the account , so not only he lost all profit but also deposit.

This trading is ridiculous, trader is another hired guy who has no idea how to manage account and trade, what he is doing its gambling. Its not trading at all, because this doesn’t have any risk management rules, this guy opens his trades full size and wait without any stop loss and targets, if it goes in his side its good but very often he waits and he lets winning trades become big losers. Its gambling not trading.

Leonard Silverman the guy who runs the website is very greedy guy who cares only about his money, doesn’t care if he loose all money for any of his clients. Stay away from him. He is not interesting to regain the lost money, he asks to put additional deposit. Very unethical guy. Stay away from this scammer.