forextradeoracle.com Review

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1 • 2 REVIEWS
Out of business
Updated: Apr 13, 2022
Website is down.  Company appears to be out of business.
forextradeoracle.com
Out of business
1 • 2 REVIEWS

Recent User Reviews of forextradeoracle.com

S
Sam
Oregon,
Aug 27, 2007,
Guest

I'm out 6300.00 with these guys...lost it all on a margin call two weeks ago when the Yen was out of control.

My take on it is don't trade with these bums unless you have a huge account that can handle big swings. I just wish they were honest with me and told me up front that their system had the potential for huge drawdowns.
C
Charley
Schamburg,
Aug 21, 2007,
Guest

Here I sit, out $23,000.00, and I can't even get a return phone call or reply to email from anyone there. I did call a few weeks ago when all of the volatility hit the markets and talk to a guy named "Bill" who said we should just ride this out like we did in the past and we should return to profitability.

Guess what???? That return never came. I'm not sure if it's their system that doesn't use stoplosses, or the fact that they actually buy into drawdowns (which I've been told by a few people that you should never do) but I lost more than 75% of my equity just from February of this year.

I'm really thinking I should cash this thing in but am so far in the hole, I might not have a whole lot to lose. Go somewhere else unless you want to make these guys rich and put yourself in the poor house.