I gave managed account ManagedForexLTD €4800 and.now balance is €7600 for 2020 after fees.
Its not get rich overnight but I'm a happy investor. I found the company very good to deal with and professional trading. Its quite excellent overall. If you want stable growth they're good operation.
Review moderation team note
5 Star Rating removed.
AlnoTrade, DaxBot, and ManagedForexLtd are closely related companies. This review came from the same IP address used by AlnoTrade's representative to the FPA. Per FPA policy, the rating on this review has been set to Zero stars.
South Australia, Australia,
Apr 24, 2020,
Worst investment decision!! Invested with them for 1 year, gained nothing
Service use: Live
Length of use: over 1 Year
I made my worst investment decision ever by investing with them.
In the beginning everything looked great. I opened my MT4 account and started investing with them in April 2019. At the peak the account had 50% ROI. It was impressive to see 50% return in just 6 months. I was about to refer some of my friends to invest with them. (Thank god i did NOT)
Then the relentless drawdown started from October, account equity is down 30-50% from the peak. I paid them performance fees twice in the interim twice. My account's 1 year history is literally flat, but if I take withdraw of the performance fee I paid them into consideration I lost around 5% for the ENTIRE YEAR I invested with them!
I finally decided to withdraw all the funds from my account today after the horrendous experience with drawdowns and their poor performance. It sickens my stomach watching my account equity sometimes go down 5% in a day, horrible risk management.
If your account is still in profit, learn from me don't be greedy, take it the RUN while you can!!!
1 trader has found this review helpful
Reply by managedforexltd submitted Jul 25, 2020:
you are flat because you increase your account by X5 in 2nd half of year, so a -10% drawdown was equivelent to -50% when you compare to your original balance. you are not comparing apples with apples.
In essence, the whole truth had you not touched your account was +50% in 1st 6 months and -10% in 2nd half of year, overall gross +40%.
Its not fair to combine % and increase deposits while comparing the 2 alike.
SCAM? Juge yourself.. 1- the man picture on website IAN (Customer support does it exist?)Never talk to him in all my messages with them... 2- Don't understand reviews with five stars about the way they trade? We can not see the trades... Broker Tell me to talk to managedforexltd to have access of the trades.. Managedforexltd tell me to talk to the broker to see them...(You can not choose the broker(tierfx in Bahamas)... Conclusion...i cant see the trades.. 3- How do they trade? Plenty of entries a day..I dont think this is the best way to trade..(my opinion)..Maybe here is the business for both of them... 4-RESULTS?? LESS THAN 2 WEEKS WITH THEM... -21% OF MY ENTIRE ACCOUNT LOST. JUDGE YOURSELF.... This is a truly real review..
Reply by managedforexltd submitted Oct 2, 2018:
We do not let client see real time trades in MT4 due to copy and intellectual property protection, it been like this since 4 years.
Backoffice broker login you can see all trades in real time.
From our history you can see we actively trade. Having plenty of entries does not qualify for scam neither does -21% when we had open equity gains that was not calculated.
Ian is and still works here.
They did not perform at the level they portrayed the prior result. They also entered positions that the did not manage resulting in losses. When I questioned the trades they first lied to me. When I provided evidence they were responsible, they blamed the broker. They have yet to take responsibility for their negligence.
Reply by managedforexltd submitted Dec 18, 2018:
You must be mixed up with someone else. We have no idea to what you refer to.
Unfortunitely. Trade effort seem to have ended, but I have not received any notification, and I do not have any response to my e-mail.
For your reference http://www.myfxbook.com/members/C_Finley/managedforexltdcom-result/5162561
1 trader has found this review helpful
Reply by managedforexltd submitted Mar 30, 2020:
We are not aware of broker tradeviewforex.
We use vantagefx...axitrader and blackbull for capital management.
They also do not accept clients from Japan so we do not recognise the account.
Jan 9, 2019,
I recently placed approximately €8,300 with Managed Forex. Within 3 days this has been reduced to €6,700. I compared the daily confirmation email from the broker (Tier1) with the trading results published by Managed Forex in FX Blue, and found there are a number of trades missing. The missing trades are those that have lost money. Although I have been using the service for a very short time, the fact that losing trades are being left from the results has caused me to back out, as I no longer trust their published results
Reply by managedforexltd submitted Jan 14, 2019:
We use pre trade allocation. Means if you join MAM after trades have already been opened, then we can not allocate to your account.
You are comparing trades what were opened before your account connected to MAM, therefore how can you expect to have them on your account.
Jul 3, 2017,
Bloody explosive trading!
These guys have some system must say. Doesnt trade much but very accurate, only 9 trades on my account on July but 13% gain.
I never had loss month yet in this year, its incredible to watch in action.
I must say its the best money I have ever made in Forex.
Dont waste another day.
Dubai, United Arab Emirates,
Oct 13, 2018,
Very good. Safe.
Top class manager. Always month profit. No silly strategy. Nice system. Wasn't sure about broker they use but actually good. Do not hesitate. One of the better fx investments out there.
Santa Monica, CA, USA,
Feb 14, 2018,
Have had a fab year with this trader, after many disasterous attempts myself at the game, I gave these guys a try and I haven’t been disappointed