Global FX Radio

Category: Forex Education Reviews http://www.globalfxradio.com Average user rating from: 5 user(s) Education Rating 1.8   Add new review Your name:* Your email address (it will not be published):* Your location: Select location: Afghanistan Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Arctic Ocean Aruba Ashmore and Cartier Islands Atlantic Ocean Australia Austria Azerbaijan Bahamas Bahrain Baker Island Bangladesh Barbados Bassas da India Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Bouvet Island Brazil British Virgin Islands Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Clipperton Island Cocos Islands Colombia Comoros Cook Islands Coral Sea Islands Costa Rica Cote d'Ivoire Croatia Cuba Cyprus Czech Republic Denmark Democratic Republic of the Congo Djibouti Dominica Dominican Republic East Timor Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europa Island Falkland Islands (Islas Malvinas) Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern and Antarctic Lands Gabon Gambia Gaza Strip Georgia Germany Ghana Gibraltar Glorioso Islands Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Honduras Hong Kong Howland Island Hungary Iceland India Indian Ocean Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Jan Mayen Japan Jarvis Island Jersey Johnston Atoll Jordan Juan de Nova Island Kazakhstan Kenya Kingman Reef Kiribati Kerguelen Archipelago Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Midway Islands Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Navassa Island Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island North Korea Northern Mariana Islands Norway Oman Pacific Ocean Pakistan Palau Palmyra Atoll Panama Papua New Guinea Paracel Islands Paraguay Peru Philippines Pitcairn Islands Poland Portugal Puerto Rico Qatar Reunion Republic of the Congo Romania Russia Rwanda Saint Helena Saint Kitts and Nevis Saint Lucia Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands South Korea Spain Spratly Islands Sri Lanka Sudan Suriname Svalbard Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Togo Tokelau Tonga Trinidad and Tobago Tromelin Island Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom USA Uruguay Uzbekistan Vanuatu Venezuela Viet Nam Virgin Islands Wake Island Wallis and Futuna West Bank Western Sahara Yemen Yugoslavia Zambia Zimbabwe Ratings (the higher the better) Education Rating Rate it Scam 1 2 3 4 5 Comments:     Please enter the security code. Add new review Reviews Feed February PROMOTION Learn more. FOREX JUSTICE SPOTLIGHT ARTICLE   Read more. Company response We have not received a comment or response from this company. User reviews SCAM Monday, 28 March 2011 Written by Mechi Laborde from none I'm a professional forex/commodies trader and I've been listening to this Global Markets recap for a about a year, mostly for the laughs...and i must agree what a scam!!! I'm not sure how this guy found me, through facebook but STAY AWAY!!! He has no insight or knowledge of how the forex markets works. I must admit though I've gone against(spite bets) many of his calls espcially on numbers and have about a 75% winning rate. Hey Spanton how did shorting Gold at $1100 work out? Friday, 18 June 2010 Written by Lambi from Singapore I feel as though I also need to post regarding Andrew Spanton`s GlobalFX Radio. As a "forex trader", I have taken an interest in various services that are out there today. I decided that as a bit of a hobby, I would try to sample as many of them as I could. I soon realized that this Andrew Spanton person is a stain on Forex. I regret that there is no regulating agency that can deal with such issues in the forex world. After doing some research on this person, I have found that he has a horrible reputation as con man in forex circles in New York. Now, after having moved to Florida, he has continued were he left off. Andrew Spanton makes his living by trying to find as many $200/ month subscribers as he can. He has spent many years trying to create the illusion of a legit forex educatin service. He managed to do an interview with csnbc, was never asked to return, but has been sure to put it up on his web site. He has also been flat out rejected, after attempting to associate himself with legit agencies such as forex tv, etc. He has managed to make a deal with fxcm, were by if you create an account with fxcm through him, he receives a commission for every trade that you take a trade. Then, with his $200 "service", he will "recommend" that you you take multiple positions. He sends via email to all of his subscribers, approx 10 buy/sell recommendations per day. During my three months of sampling globalfx radio, as a result of Andrew Spanton`s random buy/sell recommendations, I recorded a minus weekly pip count every week of the 12 weeks that I had subscribed. A total of more than minus 2000 pips over three months. Andrew Spanton is NOT a successful forex trader. He has no strategy, no system to speak of. He has no right to offer any service to anyone. He puts up videos on youtube, and attempts to lure novice traders into subscribing for $200/ month (youtube videos are very convincing!) . This is a con! What he is doing is immoral, and in many industries other than forex that have regulating agencies, what he is doing is criminal! After reviewing many forex education services, signal services ,etc, I strongly recommend that traders stay away! Tuesday, 10 November 2009 Written by BurstPoint from USA I started trading FX Dec 2008. I came across Andrew Spanton and Global FX Radio thru YouTube. I Andrew Spanton's Flobal FX Radio Premium Service has been great! I had read, studied, practiced, and found that most people out there pushing FX guidence or education are selling fluff. Is the Global FX Premium service a guaranteed "win all the time" system? No. Because it is not a system. Mr. Spanton's service is to mentor how the markets work and how to maximize reward while minimizing risk. Spanton does offer daily trade reccomendations. What I like is how I was taught how to change my bias quickly and go with what works! If you are just looking for an automated service where you do not have to think... then Global FX is not for you. If you want to learn, for yourself, how to develop a bias, swing trade, manage multiple positions, and to leverage wisely then Andrew Spanton's Global FX Premium Service is for you. Wednesday, 14 October 2009 Written by jodi from USA I must agree with the previous writer regarding Mr. Spanton.My losses with this service were large.He always covers by saying in the end you will make money,but this was not true.He also directs you into trading your account thru his holdings, which is a conflict of interest as he derives profits from your trades.It does not matter if you gain or lose as he gets his commission anyway.Stay away from the premium service.I hold him in low regards for the good of his customers.What he is interested in is generating as many $200.00 a month subsribers as possible.However,not many are left from the beginning of the service and he makes his money by bringing in new people who woll learn the hard way. Thursday, 17 September 2009 Written by T from Italy First off, I would like to warn all those who are curious about joining this service. Like most people, I was excited about joining after listening to a few of the "daily wrap up" shows on youtube. Andrew Spanton gives good general analysis. However, I must say that if you get sucked into his 200$/ month "premium service", YOU WILL LOOSE MONEY!!! On his youtube, he often speaks of winning trades that him and his "team" profited on. However, he does not mention the amount of loosing positions. I tried out is service f or 4 months and was horrified with the huge drawdowns that my account suffered as a result of following him. His amazingly reckless style of trading will leave you with big losses. The only time I witnessed real profits was when there was a very obvious trade shaping up, or right after a major news release. Other than that, over 4 months, I did not witness any period were he could sustain any type consistant profits without taking a huge loss. You will be lucky if you even break even. Andrew Spanton does not offer much that could not be found for free on any market analysis website, but his "guidence" will cause you to suffer large losses. If your goal in forex is to minimize your losses and maximize your profits, you should stear clear.