Atuan Capital 

Category: Forex Signal Reviews
http://www.atuancapital.com
Average user rating from: 10 user(s)

Signal Rating
1.7
 

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February PROMOTION
FOREX JUSTICE SPOTLIGHT ARTICLE

Company response
We have not received a comment or response from this company.
User reviews
Wednesday, 16 December 2009

Written by Ahmad Nur from Egypt

was very pleased for 5 month. bought a home in cairo thanks to company. but in march i lost big money. i was lucky that not all my gains were in account.

were very professionals at start so deserve average (3 stars).

Ahmad
Friday, 16 October 2009

Written by Simon D. from Argentina

Before they closed it up, i was with them for almost three years and was lucky to be part of the amazing returns in the first couple of years, i admit that it was disapointing how it turned at the end but it is to prove that even investing in currencies is not prone to the volatility of the market that we are experiencing now.

i rate them 4 because they were very professional all the way, they even offered a couple of free months and send me a gift for refering new customers, that was the good old days. last word i got about them is that they opened a hedge fund in barbados and have a couple of angel investors but it is just a rumour i read online, not sure though.

simon
SCAM
Thursday, 26 March 2009

Written by Bolt from Germany

Hi Roy, I am in the exact situation as you but I am lucky I joined him early 2008. I just cant believe that one year of profits were wiped out in a couple of weeks. Anyways, I have been talking to several lawyers here and in Canada and the odds for us do not look very good. In addition the expenses are astronomical. Most of them told me just to take the loses and learn from it unless I am willing to spend at least 30k.

Anyways, if you have heard anything else please consider me in your case as well, you can email me at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
SCAM
Wednesday, 25 March 2009

Written by sue e from United Kingdom

Sadly, since I engaged Iyad Atuan in January, this has been just a scam in my case. Iyad Atuan agreed not to risk more than 3% of my funds in any single position. He lost nearly all my money in one single mad position. He must have gone completely bonkers! I feel that he behaved dishonourably towards me whether his previous claims were accurate or not, since he broke our 3% agreement. I would be interested in joining a group claiming against him if I've got enough money left to participate. I don't know how to get in touch with any of you others, but here is my email, please use it respectfully. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Cheers, sue.
SCAM
Thursday, 05 March 2009

Written by Roy from USA

This guy is a total fraud. I intend to bring charges against him. I have documented e-mails from him stating that the posted results on his website were actual live results, which he stated they were. He claimed to have 3 years of live money management experience. I even requested an actual live statement from him for November to try to validate his trading capabilites. Either he had a lucky month or that statement was also fraudulent. I intend to find out and my attorney will be contacting him soon. I would like to hear from "Boris" from Grenada whose comment is listed below dated Jan. 15, 2009 and see if he still feels the same way about Mr. Iyad Atuan today. From Jan.8,2009 to Feb.25,2009 (that's only 7 weeks folks) my ROTH IRA account went from $4500 to $49.09. Yes that's less than 50 bucks. After only 3 1/2 weeks on Feb.3rd I asked why he blew away 72% of my account and asked him if he was trading the account or if one of his flunkies was and said he was the one trading it and made a big mistake in a GBP/JPY trade. Ditto to the previous comment about the 1000 pip stop loss. I got screwed too. In his e-mail he assured me that he would make the 72% back by April. After which he proceeded to piss away the last 28% of the account in the next 3 1/2 weeks. So, Boris how much do you still have left in your account now? Do you still think this guy is as wonderful as you say below in your comment? Iyad Atuan has no trading or money management skills at all. Why do I say that? Because any REAL trader does not put in a hard 1000 pip stop loss and wait until it hits. He re-evaluates the situation and makes a rational decision accordingly unless he was trading a purely mechanical robot system which he also told me he was not before I opened the account. I wanted an actual MANAGER for my money, not a robot. I've tried robots and there is no such thing as a Holy Grail. ALL mechanical systems fail eventually and need some kind of human intervention because the markets are too unpredictable and they will eventually go bad. Any idiot knows that! HE IS NOT A MONEY MANAGER, BUT SIMPLY A FRAUD. He may be a gambler and may be A good poker player, but HE IS NOT A FOREX MONEY MANAGER. I even doubt he has the degrees he claims, but even if he does, that doesn't make him a money manager nor trader. Is anyone else interested in pressing charges and suing this guy and trying to recoup some of our losses? If so, respond to this comment and I'll find a way to contact you. A group law suit would be cheaper if we shared the cost and we might get damages too. Let me know.
SCAM
Saturday, 07 February 2009

Written by Jake from Canada

I can only echo what some others have said. Atuan has zero money management until you bitch at him about trading three, four and even nine mini lots on a $2000 usd account. Unfortunately, by the time he starts trading more in line with proper position sizing and MM your account is over half gone. The numbers he claims on his site, like 200% and 300% quite simply have to be lies. I am an attorney and in the legal world we call this fraud, i.e., make false claims of huge gains that people rely on in handing their money over to you=FRAUD!!!!
Saturday, 31 January 2009

Written by henry morton from United Kingdom

i have been a customer of them since mid 2007. they have had outperformed other managers despite the january results.
i dont know if i would have the same opinion if i just invested with them starting from january. but in my case, i still have made tons of money thanks to them.
SCAM
Thursday, 29 January 2009

Written by De Clercq from France

Zero money management:
I lived the same horrible and painfull experience stephan did. Within 10 days I lose 75 % of my 2000 USD account !
Iyad Atuan is trading the combined account on his own name and not in the name of AtuanCapital, his company. Iyad is not registered with the NFA or in Canada ! Iyad Atuan has been an FXCM introducing broker only since November of 2008. It is a requirement that an IB needs to be able to verify trading results if he/she is posting them on a website, so if this IB cannot he'll be asked to remove the results. He didn't reply to my emails under at least a week.

Iyad Atuan may be a gambler but certainly not a trader.

He update atuan capital website to erase his cell phone number.

m5fx567059 is Iyad Atuan account. His adress his:
8 Lomond Drive Apt 2303 Etobicoke, Ontario M8X 2W3 Canada
Phone no. +1.416.884.4923
Email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Watch my Combined Account Statement:
Ticket # Currency Volume Date Sold Bought Gross P/L Comm Rollover Adj Net P/L Condition Created By
16916065 GBP/USD 10K 01/15/09 08:57:18 1.46770 SE m5fx567059
01/15/09 09:32:15 1.45640 -113.00 0.00 0.00 0.00 -113.00 S m5fx567059
16917570 GBP/USD 10K 01/15/09 09:32:17 1.45583 SE m5fx567059
01/15/09 10:48:05 1.45583 0.00 0.00 0.00 0.00 0.00 S m5fx567059
16958556 GBP/USD 10K 01/19/09 09:18:42 1.45050 SE m5fx567059
01/19/09 17:11:40 1.43800 125.00 0.00 -1.00 0.00 124.00 L m5fx567059
16978233 GBP/USD 10K 01/20/09 11:45:55 1.40011 SE m5fx567059
01/20/09 17:03:48 1.38476 -153.50 0.00 0.30 0.00 -153.20 S m5fx567059
16978254 GBP/USD 10K 01/20/09 17:03:48 1.38476 SE m5fx567059
01/20/09 21:45:41 1.39922 -144.60 0.00 0.00 0.00 -144.60 S m5fx567059
16989221 GBP/JPY 10K 01/21/09 02:11:01 124.580 SE m5fx567059
01/21/09 10:37:21 122.590 223.76 0.00 0.00 0.00 223.76 L m5fx567059
16996537 EUR/USD 10K 01/21/09 08:45:16 1.28990 SE m5fx567059
01/21/09 15:40:26 1.29998 -100.80 0.00 0.00 0.00 -100.80 S m5fx567059
16996991 GBP/USD 20K 01/21/09 11:01:57 1.37087 SE m5fx567059
01/21/09 12:03:55 1.36420 133.40 0.00 0.00 0.00 133.40 L m5fx567059
17008460 EUR/JPY 10K 01/21/09 20:52:31 116.400 LE m5fx567059
01/23/09 00:32:11 114.749 186.27 0.00 -0.80 0.00 185.47 C m5fx567059
17019874 GBP/USD 20K 01/22/09 09:00:53 1.38220 LE m5fx567059
01/22/09 09:46:59 1.37227 -198.60 0.00 0.00 0.00 -198.60 S m5fx567059
17020614 GBP/USD 20K 01/22/09 09:47:03 1.37170 SE m5fx567059
01/22/09 11:24:32 1.38156 -197.20 0.00 0.00 0.00 -197.20 S m5fx567059
17043557 GBP/USD 10K 01/23/09 08:17:49 1.36223 Mkt m5fx567059
01/26/09 17:23:30 1.40360 -413.70 0.00 -2.00 0.00 -415.70 S m5fx567059
17061511 EUR/USD 10K 01/26/09 09:04:30 1.30800 SE m5fx567059
01/26/09 12:18:17 1.31884 108.40 0.00 0.00 0.00 108.40 C m5fx567059
17062347 EUR/JPY 10K 01/26/09 13:08:25 116.640 LE m5fx567059
01/26/09 21:19:55 117.405 85.77 0.00 0.05 0.00 85.82 C m5fx567059
17073626 USD/CHF 50K 01/26/09 22:19:34 1.13560 SE m5fx567059
01/27/09 17:04:29 1.14311 -328.49 0.00 -1.50 0.00 -329.99 C m5fx567059
17081361 GBP/USD 100K 01/27/09 10:34:38 1.41178 SE m5fx567059
01/27/09 11:09:33 1.41850 672.00 0.00 0.00 0.00 672.00 L m5fx567059
17094764 GBP/USD 80K 01/28/09 09:03:22 1.43510 SE m5fx567059
01/28/09 09:36:27 1.42829 -544.80 0.00 0.00 0.00 -544.80 S m5fx567059
17109199 GBP/USD 100K 01/29/09 09:03:18 1.43664 SE m5fx567059
01/29/09 09:32:04 1.42840 -824.00 0.00 0.00 0.00 -824.00 S m5fx567059
Total: -1,484.09 0.00 -4.95 0.00 -1,489.04
SCAM
Friday, 23 January 2009

Written by stephan from Bolivia

A total disaster. I opened a managed account with this company, start capital: USD 5000. After less than 2 weeks, my account was down 60 %. Zero money managment. They opened 4 minilots GBP/JPY with a stoploss limit of 1000 pips (!!!), the position was stopped out with a loss of 40%. Afterwards, with an account balance of USD 2900 they opened 9 minilots (!!!) GBP/USD with a stoploss of 100 pips, the position was stopped out less than 2 hours later. I stopped trading with them, a horrible experience. They claim a highest Drawdown of 18 %, but after only 10 days they lost 60 %.
Thursday, 15 January 2009

Written by Boris from Grenada

Good service, all performance listed on their website is legit. excellent customer service. I just don't like the volatility in the account within the month.

i have been with them since early 2007 and made tons of money (mostly to recover my forex loss in the past 5 years :) )

boris


 

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