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Jan 11, 2011,
FxTriumph started trading on my account on September 8, 2010. On November 4th they had margin call and my account felt from $5k to $1,300. Phillip, project manager wrote - they lost my account only because somebody made wrong settings. That's a lie because we all know how managed accounts under MAM or PAMM trading software is working: If one account is lost - all others have margin call too. What was wrong - that were not settings but the way of their trading: at the time of margin call they had 48 open positions with half of them under hedge!
They said they are capable to recover my account and they will trade it for free even after recovery... Today on January 11, 2011 equity on my account is $389. And they still trade the same way with a lot of positions and mostly under the hedge. In 5 months they didn't learn anything. Especially not to trade right and profitable: They were not profitable not even 1 month.
But if you will look at their performance on their web page - what a surprise: They posted for September profit of 10%, October was 24% in profit, November with margin call was 26% in profit and in December when they lost another 60% from what is left on my account after margin call they posted another 10% of profit.
You won't believe but on my complaints about performance Philip answered again - it's just on my account so bad. But he said also they had a terrible time last few months. But anyway he is still cheating with performance.
Conclusion: 4 months and so many lies and bad trading means just one thing - SCAM! Pure scammers!