forex-magic.com Review

2.842 • 4 REVIEWS
Out of business
Updated: Apr 13, 2022

Website is down. Company seems to be out of business.

forex-magic.com
Out of business
2.842 • 4 REVIEWS

Recent User Reviews of forex-magic.com

D
Dennis Hill
USA,
Nov 1, 2008,
Guest

It's hard to trust, but it's true. In mid Aug 2008 I openned managed account of $30k with forex-magic.com and in Aug - Sep 2008 trader made 70% profit and in Oct 2008 end account doubled (in 3 month period).
It's true that he trade without stoploss which is too risky. He open hedge positions and close trades sometime. I took my capital back....now he is trading with the profit which he made. I recommend forex-magic.com service only for those who can take risk for huge profit.
G
Grace
Beijing, China,
Oct 29, 2008,
Guest

He done good job in my account.I have account with GCI and he is trading my account since 3-4 month. Performance is good so far. Above 20% average. I think we have to take some risk for profit, instead of saying Forex is scam.
J
James
USA,
Sep 3, 2008,
Guest

He's Fraud, He doesnt know how to trade. He might make profit 3 month and loose it all with your equity next month. i started with 10K and he made around 3K so i added 30K more and he made some good money i.e.10K and lost it all and i got left with 11K in end. so total 29K lost + other account i had with my friend thats 10K = total 39K i lost adn i can provide statements if i needed to prove him Scam...
His name is Ganesh Kamath
He is from India and i have his address too.

James(not real name)
T
the minh huynh
california, USA,
Nov 14, 2007,
Guest

this guys is bad, no money management whatsoever, did good for couple of months then just went on killing my account, he does not use stoploss, don't know how i think, anyway he took my account from 25k to 8k in 1 trade,this is in may 2007.... won't recommend him to nobody....very RISKY guy......better trade your own money then have this guys do it....
S
Sergio Rocha
Brazil,
Oct 15, 2007,
Guest

96% drawdown in August as posted on his webpage??
Well at least he's honest!
A
Angelo
Italy,
Aug 21, 2007,
Guest

An incapable one, takes risks enormous. Closed the account of 10k for exhaustion of the margins