Test

We have not received a comment or response from this company.

While no service is flawless, I can say that this is indeed a good service which I have used for some years now.

I cannot say enough good things about 4xlounge. I'm a bit older and I am a little slow on the up take. I sent dozens of support tickets trying to figure everything out. They were always patient and helpful. That alone should get your business. If that is not enough, I posted my first profitable month in 4 years of trading! These guys are the real deal. As Dan always says, the forex is not a get rich quick scheme, it is a system of investment. Sign up with 4xlounge, keep your goals realistic and you will do great!

A fantastic service!

As of February 2012 YourTradingRoom has ceased operations and stole members profits and investments. A Bernie Madoff Ponzi scheme SCAM.

This is an excellent site which has helped me immensely! I have recommended it to many friends who are active in Forex dealings. You can't go wrong!

I don't understand who has written previous comments?
I've been using their signals for 1 year now and just subscribed for the second year of eurusd signal. I use automated services with their free VPS. I have made more than enough in 2011.

I've had a lot of success with Hyperion Financial Group and their currency service. Of course, I've been subscribed since 2009 and really understand how it works. I agree with one of the posters below, it's not really for noobs who've never traded options before. Overall, there directional calls have been good, I've made money more often than not. P.s. I'm signed up for their quarterly renewal, so I know I'm going to be charged every quarter. For me it's been worth it

Without a doubt, the best forex service. I've been around the block a few times and I keep coming back to these (finally for good). The forex market is not a get rich quick deal, but if you are serious about trading, do NOT proceed without a 4xlounge membership. Even the free tools are better than most premium forex services. Took me about 3 years to see the light, wish it had been sooner.

Very easy to use and learn trading platform , they have thousands providers and that’s why you have to be careful by choosing the good ones , and my advice is don’t choose too many , i saw many users fail that way. Overall I’m very pleased with zulutrade , i use it for free and with careful trading it gives me money , what else would i want?

Very nice platform helped me to find reliable providers after I’ve studied every aspect of it. I highly recommend it to people who want to start with forex market and have no previous experience with trading. Zulutrade if used accordingly will help you gain a nice profit without a fee. Go check their demo account.

We are investment club have our managed futures institutional account managed by IFXPROalmost 1 year. All members satisfied with professional management.

I had a 6 week experience with Zulutrade. I am a very old forex trader and I was just curious to see if something new had been invented. Well aware of what the problems might be in following signals I specifically chose 2 signal providers that Zulutrade showed as the ones with the lowest slippage. Both these provider had a history of over a year and zero slippage according to Zulutrade. In 6 weeks I had over 800 pips slippage, on average about 4 pips per trade.
In the 3 worst cases my stop-loss was executed by the broker that Zulutrade strongly supports while the signal provider using a much better broker did not have his stop executed and kept his position until it became a profit. In the worst case I lost 31 pips and the provider made 52. So much for 0 slippage.
Zulutrade still show 0 as the slippage for these signal providers. I have 800 pips slippage in only 6 weeks and many other people have been complaining in their comments about slippage. If 0 is the average for all trades over a year as Zulutrade claims then someone is getting positive slippage or the statistic is wrong and misleading. I am certain that I was mislead by their false statistics.
Avoid, because even going in eyes wide open and trying specifically to avoid slippage, I got massive slippage.
Verdict: Zulutrade is not a scam, it just does not work.

Free signals - Good.
Free forex reviews - Excellent.
More and more free forex education. I can't believe that they don't charge for the Forex Military School.

FPA is a coplete SCAM! If you use thair signals, you will loose your money soon.
These guys are losers. They can't trade and try to teach others. They just need you traffic and money.
I would honestly like to warn that Forexpeacearmy "FPA Review Moderation Team and Felix" are manipulating the reviews and reports.
Avoid!

Stay faaaar away from anything Diversified Trading Strategies tries to sell you. Don't listen to David or anybody else, they'll try to tell you how the program got 100% return year after year, but as soon as you sign up, you realize it's not going to happen. Some of their programs aren't bad, but certainly nowhere near the $5K price (or higher) they want you pay.

Art Palmer trades like an idiot who doesn't even know how to read a chart. He'll do nothing all month long, then suddenly place one of the stupidest trades you can possibly imagine.

Same with Situation News Forex, Fx Winner, Top Trend Forex or whatever these clowns call themselves.

Erik Epp is only slightly better.

Same with Lee Gettess.

Emini Trading Professor makes Sarah Palin seem smart.

Russell Sands doesn't know how to read the market, though he will produce a few good trades once in while. He has no idea when to take profit and sometimes a lets a position more than $1K in the money, turn into a $1K loser. Sometimes David will tell you to take profit and close out the position, but half the time David is wrong and you end up taking profit way too early at $500 when the trade would have gone on to make $3K. Russell Sands Forex is pretty much useless, his commodities subscription is better, but certainly not worth the $5,000 "special deal" price tag (maybe $1K would be a fair price). David will say that different system perform well under different market conditions... RUBBISH. A good trader knows how to recognize various market conditions and how to adapt accordingly. Russell Sands has no idea how to adapt to different market conditions; his mind is stuck on "breakout"... which means he often buys at the very top of the market... and sells at the very bottom.

Bryan Schad is strange... he has some trading ability, but very inconsistent. He was on a tear during the last half of 2010 and doubled accounts during this time... but lost pretty much everything during the first half of 2011. So don't listen to all the sales talk about 100% return... this only means he's getting ready to produce a close to 100% account loss.

Stay far, far away from Diversified Trading Systems. As others have commented, their 100% money back guarantee is not something you can rely upon due to all the terms and conditions, and in anycase, won't even begin to cover the actual trading losses you'll experience.

Scam! Scam! Scam!
No Moneyback guarantee
It will rip you off
Don't go near to them

Very good signals. I wish I would find this signal long time ago. Better late than never! I have a great return anyway.

5 stars rating.

Zulutrade's Ipad app. is very nice experience. Differences from pc so I have to get familiarized with adjusting SL using a touch screen.
Thank god that there is the session time out cause I was terrified when I left ipad on table and then saw it in my daughter' s hands!!!

ifxpro has been managing our money company since years ago. Bad comments always exist in every corner on the internet no matter which company it is and normally people always keep quite when make money. I am here to write great words for our best partner and trader. He is the best and will grow our funds with consistency.
He runs the accounts in a very transparent manner, takes his time to explain things to his clients.

Signalator is Scam

Just listened to the YTR webinar. An excellent presentation but I understood the cost of the course and year training program was 20k not 1500. There was a special program that allowed you to pay half and the other out of your profits. 20 k is steep but may be worth it if it is the real deal.

Signalator is SCAM

Danielle/Pipstarz is a scam and a fraud. Do not trade her signals and do not let her manage your account. She managed my account for 8 months and lost 35% of my investment. She does not use trailing stops and will allow trades to go 700 pips into draw down to try and make 30 pips. Her trades consistently go 200-700 pips against her. She will stay in losing trades for weeks even months at a time saying it is still a good trade. She even accumulated over $1,000 in rollover fees on a trade that would have only made about $400 if it had hit tp. She will put multiple positions into the same trade at the same entry price. During the time she managed my account she had losing trades of $5,300 gbp/usd, $3,800 aud/jpy, $7,500 eur/jpy, $1,700 usd/jpy, $5,700 chf/jpy and $3,900 usd/chf. She does not have 90% accuracy and she does not generate monthly profits of 25%-50%. Use Danielle/Pipstarz if you want to lose money because that is what will happen. Her real name is not Danielle it is Yanick Maria Miller or Maria Yanick Miller. Any positive reviews on any site are not legitimate she is a scam and a fraud not a profitable trader.

Signalator is a Scam. Michael is a liar man.

I don't understand how some people here suggest it is a scam, just because of their own mistakes. Hey if you're going to choose a 99% win provider and dont look at the actual trades they make, then it's your own fault for getting a margin call. Next time just choose a more realistic provider with drawdown less than 200 pips.

Also to those that think they can just add multiple providers and think they wont get a big drawdown is a fool who really should not be trading anyway.

In short, stop being so greedy thinking you are going to make profit all the time. No wonder 95% people fail, because 95% of people are un-able to use their brains.

Zulutrade is a forex community whose members really like to trade forex in its platform. Some of the Signal providers who open trades in Zulutrade are really worthy therefore I have spent many hours in analyzing their statistics and trade's history before picking them up. What I try always to do is to use reasonable lot sizes suitable to my account capital and don't blame them for mistakes that I have made in my risk management and in their settings. Zulu is to be recommended.

Been using this service for the past couple of years. Honest service and good profits.

I have been trading forex actively for the past year. I don't consider myself an experience trader by any means and subscribe to 3 signal services, one of them being Stewart's Turningsignals.com website. My other service advised me to take some long EUR/USD over a week back and even though I did not get this trade from Stewart, he helped me get out of that trade and went out of his way to advise me on a trade that he didn't even give. That to me is what service is all about. I had a dd of $9800 and in the end escaped with only a $42 loss! Trust me, I am happy with a loss that is less than taking the family out for dinner :)

Thanks Stewart for your help - it is greatly appreciated.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

I am satisfied with Zulutrade. One advice, ask an experienced Zulutrade member to help you with the SP settings in order to have better success in your trades and avoid risk.

cheats with bonus
they are market makers, cheats with bonus
Forex control is a big cheat with www.forexcontrol.com website running for forex trading. Guys do not trust on its bonus and spread schemes and i can see my account balance

I found this service via FPA. I tried 7 different forex services. They all had "issues" with the results reporting. This was the only service that reported everything 100% honestly. They include spreads, news spikes and they make corrections if something isn't reported right.

Above and beyond that; their trading tools are fantastic. Very unusual way to measure the market and effective too. My only 'con' is the learning curve on their tools, but then again; anything worth learning usually takes time.

Ann

Very good trade alerts. I have been using their pro alerts for over a yearand I love how easy they are to use. Their results are honestly reportedtoo. Now we can use their ea to auto trade the alerts (even easier). Idon't have time for manual trading, so 4xlounge is a great solution forme. High marks all around. Also, no "stopless" trades! My account gotpounded by another site that did not use stops. However, these guys arelegit.

iforex is really f*%king nonsense cheater site. no service its pure fraud and scam i am going to file suit against them soon. bloddy cheater

They are good if i can say so. They helps. They are independance .Open forum discussion for Investors and traders express their problem that arise. Complain growing from time to time for Ib ,platform trading .Traders cant get anywhere but they can shot loudly .
Justice is Justice .

I agree with the criticism of Hyperion's auto-renewal process which they attempt without warning and without authority. However, what is more disturbing is their failure to honour guarantees made of 'second year free if 100% returns not achieved in the first year' as was the hype for their Biotech Supertrader service. When queried, they simply do not afford the courtesy of reply or explanation and simply wipe you having figured they have bled as many dollars as they can from you. Not a scam as they do provide information as promised. However, the words unethical, dishonest and discourteous spring to mind. Be careful. Their hype is not matched by performance or professionalism.

Total SCAM these guys ForexPeaceArmy! They only favour Brokers that pay around 10K a motnh to advertise on their site. What a shame people belive them!

Not honest about their pips, many losses

I personally went to meet w/ a sales manager of YTR to learn more about Forex trading and the unbelievable ad they ran saying make $16,000 a month. The sales mngr said they teach you in baby steps, and gradually build a potential income of $60,000/ mo ! He said they start you off w/ aone week free trial and the year long course was $1500 w/ no additional fees to start. I observed the live trading on a computer monitor w/ one of their many moderators ( people giving the trading instuctions). It was hard to understand what they were saying because they had a strong accent, either Australian or Indonesian. They are also offering expansion plans specific areas for $200,000 investment w/ guaranteed monthly payout of $20,000 month ! Ofcourse, no mention was made of the monthly expenditures opening such a trading center would entail. I would like to know more about this company and their track record before spending $1500 on the course.

Exceptional service, great place.

Zulutrade has many problems, but they are not a scam. they are a cold-blooded money machine, and since business is not about feelings they are following THEIR best interest, not yours. However, if you are smart & know how to use zulu (by following YOUR OWN BEST INTEREST!!) then you can make good money. Please read below, this advice comes from years of experience with Forex and Zulu:
1) TRADE ONLY WITH PROVIDERS THAT USE LIVE ACCOUNTS FOR SENDING SIGNALS. unless they have the green $ sign next to their name don't follow them, as they are not willing to be transparent and show what they REALLY trade. The blue $ sign only shows that they are following their own signals, but there are ways to use just one lot regardless of how much trades they signal to providers, and a very small lot too. Which means they can be in the hole $10k on their demo and lose only some $10 on their live account (they DO follow their own signals but WITH TOTALLY DIFFERENT PROPORTIONS!!!). Those $10 they lose are largely covered by the commissions paid by YOU, the honest follower... There are more and more reckless & cynical providers like this on Zulu, and also highly ranked. AVOID, AVOID, AVOID. Trade only green $ signs, no exceptions! At least you know EXACTLY how much they are losing. NOTE: zulu allows linking a live account ONLY IF THE ACCOUNT HAS NO HISTORY, so you cannot start on a demo then move to live. that's why Live account providers DO NOT manipulate their stats with demo trading, their results are real from day 1.
2) Speaking of the zulu ranking - DON'T TRUST IT. Many of the top 50 providers are manipulators (will show how in what follows). Use your own system of evaluation:
a) profit versus DD (DD is very important). It must be below 20% (which does not mean that the provider had a DD of 20% of his account, but 20% of the profit realized so far). a 10% DD means that the provider made 10 times more than his worst streak, which is pretty good. The smaller the DD, the better for you
b) use providers that have average profit trades of 15-20 pips. don't use scalpers even if they are profitable as you will get hammered by the spreads & slippage.
c) choose providers with low nr. of trades open at the same time. DO NOT GO FOR PROVIDERS OPENING 10-20 TRADES AT ONCE.

3) check carefully the provider history. the clearest signs the provider is a cheat are 2: 1) an incredibly profitable 1st month with barely any DD, with profits WAY bigger than anything that follows (applicable to blue $ sign providers and demo providers). something like 9000pips first month, then 200, then 110, then 400, etc. Also you will notice that the cheaters always have the first trades profitable, all open and closed with many many lots about the same levels. THAT'S A SCHEME: THEY OPEN 10 DEMOS, PLACE BUY ON 5 SELL ON FIVE, THEN AFTER 100 PIPS CLOSE ALL, DITCH THE LOSERS & KEEP THE 5 WINNERS, THEN DO THE SAME THING AGAIN UNTIL THEY END UP WITH AN ACCOUNT REALLY IMPRESSIVE IN PERFORMANCE. AFTER THEY GET THE KICKSTART OF 1000-10000 PIPS (SOME ARE SO GREEDY THEY GO FOR HUNDREDS OF THOUSANDS OF PIPS!!!) THEY TRADE NORMALLY BUT SINCE THEY HAVE NO IDEA WHAT THEY ARE DOING THEIR RESULTS ARE RANDOM, BREAKEVEN AT BEST. Again, the best way to protect yourself against such cheaters is to choose ONLY PROVIDERS SENDING SIGNALS FROM A LIVE ACCOUNT, green $ sign providers.
4) there are 2 providers I know as sure cheaters, and they are both in the top 50 with more than one account, avoid them. I don't want to give names, but they are (or pretend to be) from China and Romania. NOT ALL PROVIDERS FROM CHINA AND ROMANIA ARE CHEATERS, I AM NOT SAYING THAT. But these two unscrupulous frauds have to be avoided at all cost. please take the time & examine their history with what I just said in mind, you will see what I mean. One of these providers found a way to cheat zulu really bad: it appears that all this starting trades have NO DD AT ALL, not even the 2-3 pips spread DD everyone starts with!!! very dangerous, avoid AT ALL COST!

4) see the provider's profit and DD chart. It should be a smooth one, with higher peaks and higher values, NOT A STRAIGHT LINE UP AND NOT A PROFIT LINE RESEMBLING A HORIZONTAL (SIGN OF "STOLEN START"). sometimes the live providers have deep valleys in their chart - that's ok, at least those guys are honest.

5) always check the open trades tab - the skeleton in their cupnboard. any provider with large losses hanging is a loser in essence. sometimes even good providers are down 100-200 pips, but any trade with -300 pips or more left open means the guys is clueless, careless of simply doesn't care about risk. not for you!

6) see if the provider is responding to comments, criticism, etc. You don't want a provider who doesn't care about you, the person paying him commissions. THE PROVIDERS SHOULD RESPECT THE FOLLOWERS, AS THEIR MONEY COMES RISK-FREE FROM THE FOLLOWERS!

7) never trade any provider with profits of 100k pips or more - that's manipulation straight in your face!! too good to be true is a good parameter for evaluation.

8) don't trust much the comments to a provider's trading unless well presented & argumented. MOST FOLLOWERS DO NOT RESPECT ANY RULES, EITHER THE ONES STATED BY THE PROVIDER OR SIMPLE COMMON SENSE, then they lose & blame the provider. Don't listen to all the praising either - this could come from overexcited followers or the provider himself. ONLY TAKE INTO ACCOUNT COMMENTS THAT ARGUE ABOUT SOMETHING LOGICALLY, give reasons for their rating (that you can check yourself). Also, once you follow a subscriber contribute in your turn by being objective & honest for the sake of other fellow investors like you.

9) See if the provider's profile checks with his history. If he says something in the profile or comment but in fact his trading is different mark him as suspicious and be careful.

10) DO NOT ADJUST A PROVIDER'S TRADES IN ANY WAY. IF YOU FOLLOW SOMEONE THEN DO IT ALL THE WAY. DON'T SET ANY PERSONAL STOPS, CLOSE TRADES HALF WAY FOR PROFIT OR LOSS. If you do that you'll never know how good the provider really is, as the trades are more yours than his.

11) DITCH ANY PROVIDER WHO USES NO STOPS AT ALL. LARGE STOPS ARE OK, PROVIDED THAT THE HISTORY AND PERFORMANCE JUSTIFIES THEM, BUT NO STOP AT ALL MEANS THE GUY HAS NO IDEA ABOUT RISK MANAGEMENT & WILL EVENTUALLY MAKE YOU LOSE MONEY.

Hope this helps. Trust me guys, I do not support or try to blame any individual provider, that's why I gave no names. But if zulu is to get any better we all have to participate! the cheaters should be discouraged and un-followed, so that the REAL providers, the hard-working ones can get more followers & do a good job for us. Then zulu will acquire a better reputation, less and less jerks will come cheat us & more good traders will join... let's make zulu a better place & bring some justice around!

if you need any assistance with anything please ask, will be happy to help.

Well... this is the best signal provider I have tested in 5 years trading forex. It's really profitable, I've bought this service for 2 years and my account raicing like a rocket.

Thanks so much FXDM!

I'd recommend this signal provider for all kind of traders expecially for newbie.

Hello,
I think it's very good that you are posting both sides of this story.
I have no idea what the motivation is, for Felix (Dmitri's) critics
(or his site = ForexPeaceArmy.com) ...
to post such negativity and ignorance about him ...
which could not be further from the truth.

However, 2 of my Greatest Heroes of All Time
= Socrates (jailed and executed)
& Jesus (crucified) ...
were also grossly misunderstood.

I know Dmitri personally,
and I can unequivocally assure you (= anyone reading this)
that he is probably THE most honest, truthful,
well-meaning, good-hearted person ... I have EVER
had the good fortune to meet in my entire life (58 years).

I hope this truth ... from me ...
is of some help to YOU, or anyone,
wondering what the REAL Story is ...
about this amazingly intelligent, talented, gifted man,
who is so humble and kind ... and giving ...
as to have been one of the Greatest Influences
upon my life ... (living or dead) ...
who has greatly enhanced my own ability
to be of some small service
to my fellow human beings
in this amazing thing we call LIFE.

Dmitri Chavkerov is clearly misunderstood ...
and I hope I have helped in some small way ...
in this post ...
to set the record straight.

Wishing You & Yours,
All the Best!
Today & Always,
Sunny Hills, Maui, Hawaii :)
http://SunnyThoughts.com

Remember, there are always 2 sides to every story,
and when someone points their finger at someone else,
they are simultaneously pointing THREE (3) fingers
back at themselves :)

Consider The Source ... of negative gibberish,
and judge (if you must) ... for yourself :)

I had been using zulutrade for more than 6 months. The only difficult part is finding a best signal provider. I dont understand their basis for ranking systems because i tried to follow top signal providers but lost the money. However later I found a signal provider named zulutradingsystems and my equity started to grow. I think signal provider zulutradingsystems is the best amongst all signal providers but may be it will take him some time to reach to top catagorie because its just 6 weeks old. Over all I think zulutrade is the best service if you find a good signal provider

I am a long time subscriber of this site. I use this in conjunction with many more services which I believe is the best way to trade forex if you are a small investor. I research on sites like forexpros.com and other places. I have found FX-Daytrader.com to be one of several helpful tools, so I give it 5 stars and for my profit booked on EUR/USD in this run up. So Thanks!

Corin

Concerning the DTS Scam program. My name is andrew.I was a victim of false and misleading advertizement for Russell Sands Turtle forex program. Let me break DTS for you:
There is a guy named David that works there. He lies to people telling them that they will get 100% return on their investment. Let me tell you the truth guys: If you paid DTS $5000.00, and gave the brokerage company $10,000.00, IF at the end of the year you make $10,001.00 meaning $1.00 profit ( excluding trading fees and other brokerage fees), DTS WILL NOT GIVE YOU YOUR REFUND!Secondly, They have a refund policy that they desire not to disclose to customers or potential customers. The traders are not scammers!!!but DTS ARE!Traders(lee gettess,russell sands, art palmer, dan johnson) are good people that happen to sometimes loose trades due to the bad economy we find our selves. However, DTS claim to be a "Due Dilligent Marketing company" that prey on potential customers by over-pitching the past perfomance of these traders which had reported may be 100% in the past; so they use it as a selling point to lure you into their company thinking that your portfolio would do the same.

Now on their gurrantees, it says,"100% money back gurantee" What it does not tell you at the end of the phrase is " 100% money back guarantee if.......blablabla???. This company has good lawyers that helped them to cook this stuff. So guys, economy is difficult. Don't take out your frustrations on the traders..because economy is not in their favor..remember, these programs do well if the fundamental factors that control the market swings to their favor. Rather, be carefull of DTS because they make these traders look bad.thanks.....Andy , Houston TEXAS.

Hello,

As of July 2010, I have subscribed to this signal service for about 6 months and have made thousands of pips! The signals include entry, SL and TP levels and the trades are open anywhere from 1-5+ days. It's great if you can't sit in front of your computer all day long waiting for a trade to line up. It compliments my day trading and scalping very nicely. It may seem a little pricey at first glance but one trade can pay for the entire signal fee for the month. Rarely do you get what you paid for in this industry, but in this case, I have. FXDM has sent me trades that closed 400-500 pips in profit and very rarely are there losing trades. I've also learned alot (especially patience!) by simply watching how FXDM trades. I will continue to subscribe to this signal service as long as it is affordable. I rate this signal service with 5 stars!!!

As far as am concerned, I believe Felix is good. No other person has shared or created a sharing forum as good as Felix's. So please if you have personals with felix, just shut up. We are happy making pips with his advice. Have you tried reading his lated creations? Hope you see the light in good time.

The FPA's signals absolutely rock, and they are free.

Boris must be on something. His link to CNN provides no results. http://www.cnn.com/search/?query=Dmitri%20Chavkerov&primaryType=mixed&sortBy=date&intl=true

Anyone who lost too much money with the FPA or Diamonds signals didn't follow the recommended risk settings. You can get wiped out with any service if you trade too heavy and get a few bad trades.

Top grade service. I have been using the software and signals for some time now. My results are excellent. Great tools for any trader to have. I'm very happy with my subscription.

I am actually quite shocked to hear all this!

I traded with Rob a while back and he called some of the most unreal moves when the finance market collapsed....it was not even fair. I was having 200 pip moves in one trade. What was crazy is how they new when it was going to happen within the hour, and the most exciting time trading I ever had....and for any real traders, you never forget those days. as for Felix...seems to be a Jack Ass, but Rob is certainly a Pro. I guess its possible that things changed, but i doubt it, he was just to good, and any good trader knows this.

I have been out of the market but will get back in, i can t seem to find his site...is he out of the game? if so, what a shame, I paid $400 per month and let me tell you I thought it was the only true and effective strategy out there, i just could not stay awake till 5 am...otherwise, I would have never stopped.

Hope you stay with it Rob...this is unreal baloney. I guess success will always find someone who wants to take you down, and the public will always find you guilty first.... that's why we have laws in place... otherwise every one would be lynching us. Crazy non-sense.

do you know the 'joke/quiz' about 3 guys? 1st one always lying, 2nd guy always telling the truth and 3rd guy doing both. Then you figure out the quiz on what this 3 guys are telling you.
your quest is to find the correct door, there are 3 doors.
What I am getting at...forexpeacarmy.com they are the ones unable to speak truth!
so whatever you hear/see/smell coming from them, RUN!
I see there are some guys commenting here that lost a lot of money, sorry to hear! BUT, when you were looking for the best signal provider it is wise to look at (max DD) maximum draw down, BUT did you look at the available balance the signal provider has? because if he has a balance of millions or billions(even if it is 'demo' money!) The % of a DD on a million or bill will look very small! that was your first mistake.
REMEMBER that these guys are signal providers for 1 or 2 reasons! to make money from your pips, and we follow their signals on 1 or 2 things we see of them!
we look at max dd, we look at their profit rate (99% accuracy- always showing a profit when a trade closes).
There is nothing wrong to use a signal provider that uses 'demo money' there is no need for them to use their 'own money'!!
When looking for a provider, look at your account firstly!
see if you have a 1000 or 10000 or 100K balance.
eg. if u have 10k.
please choose 1 provider only, you can choose a 2nd when you understand everything I explain- don't 'chase' money!!
please look at brstforex.
(this you can do with any other provider too)
(please remember the past performance and future performance rule!)
browse their history trades, every page!
you'll see the max dd was closing a trade on -350pips.
there are 3 types of accounts, micro,mini and standard account!
in my case I have a mini account, and each lot I choose is 1.
in my case this means 1pip=1$.
if you have a standard account, 1pip=10$.
lets assume it is a mini account, set on 1 as a lot size.
you'll notice brstforex needs up 20 open trades at a time.
but 10 open trades is fine.
sometimes their trades go down to -250$. but lets play safe (-300).
if 10 trades are open and all of them go down to -300, it means you have to have at least 3000$ in your account.
i'll set my max open trades to 20 because the brstforex provider performs the best- it's because of their style of trading that using 15-30 is better than 5-10 max open trades.
sometimes they only use 5 open trades.
REMEMBER, these providers know there are people looking at performance eg. 95-100% prof.
they will hang on to a trade untill it one day shows profitable, THEY HAVE THE FUNDS TO DO THAT!

something to LOL at:
these auto robots like fapturbo etc,
they offer a full refund, wonderful!!
BUT WHY?!
have you noticed when you perform the purchase that there are always other stuff you have to pay for like having to set up the robot, there are no refunds on that.
and like pushing the robot into overdrive performance from 90% to perform 96%+, no refund on that too.(proforexrobot)

YOU THINK,'NICE I WILL GET A 100% REFUND IF IT DOESN'T WORK' BUT ON YOUR JOURNEY YOU FIND OTHER PAYMENTS MADE WITH NO REFUND ON THAT.

WHAT A SICK WORLD WE LIVE IN?!?!?!

I AM WRITING ALL OF THIS BECAUSE I SEE THERE ARE SOME GUYS NOT LOOKING AT THE RIGHT SIGNS- THE RIGHT WAY!
AND I SMELL A RAT, BIG FAT RAT, WHEN FOREXPEACEARMY OPENS THEIR MOUTH!

I AM GOING TO INVITE ZULUTRADE TO JOIN THIS 'BLOG'

It is 5 stars

While they may provide some useful information, one thing they DO NOT provide is a way to see how long your subscription is, or, a way to cancel it online- or, for that matter, even tell you they plan to automatically renew at all. Until, one day, they just charge your card again- then, its a huge hassle to get it cancelled and refunded. As yet, they have not refunded my subscription.

Within a couple of hours of the "we renewed your subscription" email, I responded that they were not authorized to do so and requested a refund. A couple of days later, I got an email saying they dont process such requests via email, that I would have to call. So I called, and made it very clear that I was not happy with their decision to auto-renew without warning. So, they processed the cancellation. However, after several days, still no refund.

I wouldn't outright call it a scam because they do provide the information they claim.. but I would say in my opinion, they are dishonest and unethical in their auto-renew process.

Complete scam. FPA team are real losers who can't earn money in Forex. They manipulate ratings.Keep from them as far as possible.

Hello,

I tried the signals from FX Decision an every time i subscribed for a month the result was negative or very low.
I think the results are only positive if there is a month there is not one single idiot like me who take a subscription

The bigest problem is that results dont take into account urealized losses. It looks like there are many good traders, but in reality they will blow your account. Until GFS owners solve that they cant be trusted. However you can check for unrealized losses once You subscribe for trail period so be extra carefull.

I have been a member of the Huskins Google group for a long time, I recently joined his signal services. Huskins has issed 18 calls since i joined, I have had 10 winners, 4 breakeven trades and 4 loosers. My winners have been about 2 times the size of the losing trades

I tend to agree with the negative comments about Zulu trade. Fortunately I caught the problem before my account got wiped out. As a 20 year software developer I can recognize and tell you the problems rely with poor support from Zulu, broker policy constraints that cancel orders leaving positions naked and wide spreads that Zulu provider historical performance does not account for. Long story short, I selected 8 providers to minimize risk, I lost ~$400 in less than 24 hours on my$ 10k account using the best providers, I used very small .1 to .2 lot sizes, called Zulu support 5 times, called my broker 3 times, no resolution yet, no call back from Zulu yet, I think I'm done with Zulu.

http://www.nashvillepost.com/news/2010/4/1/soldier_of_forex_jailed_after_bizarre_kidnapping


'Soldier of forex' jailed in bizarre kidnapping plot
Feds in Miami Beach seize currency trader accused of fraud locally; they say he choked and tasered victim, threatening to castrate him and pull his teeth out with pliers

Email | Print By E. Thomas Wood

04-01-2010 1:32 PM —
Francisco R. Arias Jr. wasn't really a secret agent engaged in special operations with the U.S. military, as he claimed. But the former Nashville currency trader still seems to fancy himself a tough guy.

Arias, 42, faces a federal charge of taking a hostage for the purpose of obtaining ransom after his arrest earlier this month ended a week of physical and psychological torment for a Russian immigrant whom Arias and another man accused of identity theft. Jailed without bond, Arias faces a maximum sentence of life imprisonment.

The whereabouts of Arias had been unclear ever since NashvillePost.com reported on December 7 that 22 investors from across the country had filed suit against him in Davidson County Circuit Court.

They claim that Arias posed as a high-flying foreign currency exchange (or "forex") trader to part them from their money, but that his investment performance was just as phony as the covert commando missions he said he carried out from time to time. Documents from his bankruptcy case, in which a judge has ruled that he did engage in fraud, suggest the investors have lost some $3.5 million between them.

Melissa Doney Arias of Nashville confirmed earlier this week that the man arrested in Florida was her estranged husband. "I'm glad he is finally behind bars," she said. "Now I can finally serve him with divorce papers."

Melissa Arias said local agents from the Federal Bureau of Investigation have told her they are aiding Florida officials in investigating the financial dealings of Cisco Arias. She thinks further criminal charges are likely. "He has hurt a lot of people, in Nashville and elsewhere," she added.

An FBI agent's affidavit, filed with the federal court in Miami and available at this link, recounts in vivid detail how Arias and co-defendant Richard Anastasi, a former Miami Beach detective, allegedly abducted the unnamed Russian man just after midnight on March 11, punching him and telling him "that he had caused trouble for the wrong people."

Just after they shoved the man into their vehicle, the agent says, Anastasi handed a knife to Arias, who was in the back seat with the victim. He then allegedly "told Arias to cut off the victim's testicles." Arias stopped short of following through on that threat but did use the knife to rip the man's clothing.

Later, Arias allegedly trained a semi-automatic rifle with a laser sight on the Russian and forced him to his knees. "Arias advised the victim that he was going to kill the victim and use him as fertilizer," the affidavit asserts.

After the man begged for his life and promised to give his captors money, Arias let him call his mother in Russia and ask her to wire him funds. Arias then drove him to a Western Union to obtain a $1,000 wire transfer — a down payment on the $100,000 Arias had demanded from the man — before taking him back to his apartment after dawn and letting him go, with orders to meet at a streetcorner a few hours later.

Not surprisingly, the man fell asleep after his all-night ordeal and slept past the appointed time for the meeting. Later that day, the defendants allegedly went to his workplace and threatened him further.

Then, on March 15, they are said to have turned up at his apartment with guns and badges, posing as police officers. They barged in and seized various belongings, the affidavit says, and Arias twice choked the Russian to the point that he lost consciousness. The men then forced him into a vehicle once again.

"Once in the vehicle, Arias put on gloves and started to hit the victim," the FBI agent states. "Arias produced pliers and brought it to the victim's mouth and said that for every tooth he extracted, he would reduce the amount of money owed by $50." Arias also shocked the man with a taser while they were in the car.

After the man again promised to get money for Arias and Anastasi, they again let him go home. This time, he asked a friend to contact law enforcement.

When Anastasi and Arias called the Russian in the next three days to arrange for him to hand over the money, the cops were listening. And at 4 p.m. on March 18, when the suspects showed up at the corner of 14th St. and Collins Ave. in fashionable South Beach for the planned rendezvous, the authorities were there in force to nab them.

Found in their black Chevy Suburban were "portable radios, duct tape, binoculars, multiple duffel bags, 'flex' handcuffs, a laptop computer, a shotgun, a semi-automatic rifle and a handgun," according to the affidavit.

After Arias was advised of his right to remain silent, the affidavit says, he told police that Anastasi had been the victim of identity theft or credit card fraud. "He admitted working with Anastasi for the purpose of intimidating the victim and making Anastasi whole," the document states.

"He admitted to some physical violence but denied any use of a firearm by himself. He admitted using a taser device to intimidate the victim. He denied using fear and intimidation to compel the victim to obtain money; however, he did admit to driving the victim to an all-night Western Union over 50 miles from the victim's residence to withdraw $1,000 at 5:47 a.m. after the victim called his mother in Russia.

I subscribed to this signal provider about 2 years ago with, thankfully no real money put in, beacause i demo traded, with disastrous resullts.
They send only day signals and their entry price, SL and targets do not match any of my trading platforms(I have a few). Moreover they do not consider spread and comission, with the result that their sums do not add up. I asked for a refund, but never got back one. I also heard from a friend who knows this co well that they do not even have an office, the only thing they own is a fancy website.
So I would urge caution to anybody interested by the look of their cool website.

I would honestly like to warn that Forexpeacearmy "FPA Review Moderation Team and Felix" are manipulating the reviews and reports. They change their own important reviews and when they don’t like the user comments, it will be just removed! No explanation, no e-mail response, just interested in making money, very sad...

I purchased the Art Palmer - Power forex program from DTS 12 months ago. The results are much less than their guaranteed 100% annual return. The program has made just over 20% in 12 months. The trades have generated half of what it cost to get into the program. The trades taken are indicative of a novice trader as opposed to a pro. Many counter trend trades. DTS tried to sell me another one of their stellar programs to diversify my portfolio, however I refused as their first program is performing poorly. I will be canceling the power of attorney on the account and trading it myself now that the 12 months is up. I cannont speak for their other programs, but I can tell you that their Art Palmer program is a scam. Do yourself a favor and stay away from these scammers. I spent the money, and learned the lesson so you dont have to.

FXCM has truly made their accounts more affordable with the creation of a micro account. You can actually open an account with them for just under 500 dollars. However, with the micro account, , bandwidth allocation for me is limited, with preferences to the full account holders.

So Far So Good. I dont really know how to detect reversals and this signal helps me detect them more accurately.

I believe these systems and signals are good to use in trading but one should also take note that these systems and signal work on normal market condition. i have tried to use these systems on my demo account and they seem to work at times. however, there are certain opportunities where the optimal trading plan is still your own.

Hey Raymond, interesting insight regarding trading signals. i think i am becoming a fan of these signals. but i see your point that these signals are either TOO LATE or TOO EARLY. Be that as it may, it would still seem prudent if we rely on our own analysis and just use these signals to confirm our position. If you know of an all in one signal just like the ichimoku but easier to understand, let me know. thanks!

Gfsignals is a good company with honest service, i am currently subscribed to Eagleforce system on the list of traders and i am up 390 pips within just one week the result is just really fantastic,the amount i made has already paid for the service .

My trading group has had multiple 4xlounge Pro Memberships for over a year. We started out as a 4XME group (yes really, lol...) and now we use tools that actually work. We don't use the canned alerts, but their Pro tools are fantastic. We wouldn't trade without them. I was very surprised to see so few reviews posted, so I'm running around sharing my input. We have our favorite tools; Trend Map, Market Barometers, X Meter and the X Scalper/Trend Bars combo. Their tools go beyond simple indicator output. Their Market Barometer Console is worth the membership fee all by itself. The barometers allow you to measure the entire (macro) market at a glance and then make sense of the various trends. Honestly, you have to try it. Then follow up with Trend Map to find a trade.

What many have noted about the "learn curve" is true. Give yourself some time to learn and practice with the tools. Here is a tip: (please don't get mad Dan or Adam) Sign up for 1 month, then cancel (yes really), then from your Pro Membership page you can continue your membership after the first month, but... you have some nice options as an "existing Pro Member". They reward their members with discounts (which is nice). They have rates like: 4 months for $399, 12 months for $999, etc...

Bottom line: their tools require effort, but THEY WORK. I have been a full time trader for over 7 months now!

i am also victim of iForex..Please don't join anyone iForex ..They are really fooling people.You will just loose your money..its fake ..I would suggest don't join any forex site or invest money there ..you will loose and whatever they gives offer it has some hidden secret.they don't tell anyone.i

Hello,
Im a zulutrade user for some time now and so far im very satisfied.
The only difficult part is to find a good signal provider...this needs much testing
Also zulutrade has changed their ranking system and it now includes open trades and its much more "fair" now for the top providers.
But remember everything you do, first test it on a demo account.

I have owned the Hawkeye Indicators for several years now. I trade full time for a living, and am profitable every month following my trading plan and using the methods taught by Hawkeye. All I can say is it works if you follow the methodology AND your own trading plan (which they help you develop). Their tools keep you out of choppy trading days and in trending days. Their forex strength indicator "Fatman" is the best I have seen on the market today.

I have seen many adds on Indian websites attracted towards their fake testimonials. And invested $100 and practiced with a demo account and later with the real account. I got a call from a Recovery agent saying that i will get bonus on depositing more funds. And and a Account Manager who dont know anything about Debit and Credit call'd me and asked to open one more account, I refused and they told that if you dont open your new account your old account will be blocked

To those who know, FOREX business is risky and zulutrade doesnt defy this rule. I have been trading with zulutrade for some time now and through careful choice of signal providers (DONT choose one of the top 5) and custom settings, i have managed to get a nice ROI. Try opening some demo accounts first before putting real money, dont let the brokers' advertising tricks "drag" you...

used their service for 3 months. complete disappointment. THIS IS A SCAM. i didn't get it was a scam until it was too late. i have tried their full services (daily trades levels sent through emails and live trades sent through IM), none of these signals really worked. i lost a lot of money.

they offer what is called: multiple exit strategy, however, they consider a trade a "profitable trade" as soon as there is a 1 pip profit! (regardless of whether the trade reaches its defined Stop Loss before the defined Target profit!)

Example: you receive in the monring their trade signals, let's say buy EURUSD at 1.3000, TP 1.3030, SL 1.2970. your trade gets filled, then you receive an IM message saying: exit at 1.3002! one minute later you receive another message saying: exit at 1.3005, then another message: exit at 1.3010, etc.
so let's say the EURUSD reached 1.3010 and then reversed and hit 1.2970 (the Stop Loss), isignals still considers (and shows it on their website) as a profitable trade with 10 pip profit! (while it should be a loss of 30 pip).

and yes, there are delays in their signal updates. i am sure they don't trade their own money with these signals. stay away from their services, they are not honest. you've been warned.

their perfurmance recored is fake. we should call FBI about them.their things is so scam.

Zulutrade is a SCAM. I opened a $5000 cash account after tracking the top trader "LowestDD" who they claim has a 99 percent win rate and 12% drawdown. Here is the problem. He opened multiple positions on the same pair to kind of "double down" on any losing trade. He will risk hundreds and hundreds of pips just to take very small pip wins. Fact is that his drawdowns a MASSIVE.
It is like a roulette wheel strategy where you keep doubling your bet until you win. AVOID THIS SITE UNTIL THEY CHANGE TO REAL CASH ACCOUNTS FOR THE PROVIDERS WHERE THEY SHOW THEIR REAL CASH RESULTS AND THEY MUST HAVE STOP LOSS RULES AND ALSO ONLY ONE LOT PER PAIR TRADED AT A TIME.
There may be some good traders in Zulutrade, but good luck figuring out who they are!!! Their #1 guy did nothing but lose for me!

their performance record is 100% fake,somebody stop them,somebody call fbi,their 100% breaking the low,their so scam,i lost a lot.

I have used Zulu since May 2009. So far I have made profit around 2000 pips.
Zulu is just an interface for you to choose your own signal provider.
Signal provider is trader who execute to open and close positions for you automatically.

The trick is to find safe and good signal provider.
There are a lot of signal provider who just gamble open and close position because they are only using dummy account. Start from this year (2010) you can select signal provider who is using their own money. You need to find signal provider who used '$' (dollar) sign, which means they used their own money to trade (give signal)

If you are not confident, I would recommend you to try using Zulutrade using your Micro account.
Deposit maximum $1000 and trade max 10 lot per signal provider you choose.
You may find some signal provider have very big drawdown, but since you have 10000 pips ($1000) you are save to keep open the position.

I my self have been trading and try so many forex robot. I prefer Zulu much more because from many signal providers you can learn how they execute their position. Beside that I can always decide not to choose the same signal provider if their performance become worst.


There are a lot of signal provider

I have investigated the matter with forexpeacearmy.com and it's owner thoroughly and have collected the following factual information:

According to the Moneytec article at:
http://www.moneytec.com/forums/f14/forexbastards-com-owner-involved-fraud-%7C-arrest-made-23688/
the Russian national Dmitri Chavkerov (under the alias Felix Homogratus), immigrant in the USA, owner of the forex forum at forexpeacearmy.com, previously held at forexbastards.com (also owner of 10 other fraudulent web sites, listed here
http://forexbastards.blogspot.com/
), has been under investigation for a number of things for the last few years, and charges have been placed against his criminal partner in a fraudulent scheme to defraud people from United States, details of which are documented at the U.S. Immigration and Customs Enforcement (ICE) web site:
http://www.ice.gov/pi/news/newsreleases/articles/071129losangeles1.htm

Its people like this that have made the need for homeland security a must. We must all do our due diligence to detect fraudsters and terrorist. There are also numerous complaints by investors, and a pending case of identity theft, and transmission of personal banking information on a female victim, as well as black mail, slander and defamation. Its time to bring Mr. Dmitri Chavkerov to justice, arrest have already been made.

If you or your company has been a victim of blackmail, false slander or you have lost money from his services or products, or feel he has caused you financial harm, please contact http://www.ice.gov, or your report can be documented by the arresting agent William James Cunningham.

Mr. Dimitri has made headlines around the world:
http://www.cnn.com/search/?query=Dmitri%20Chavkerov&primaryType=mixed&sortBy=date&intl=true
for his cutting edge class fraud. And is the first to be caught in this type of Online fraud. Based on current information he is pretending to be a trading expert, but based on financial statements, he has lost a large sum of money in forex trading, and all of his current income is from fraudulent product sales. He scares people into not buying or trusting his competitor’s products then thru his massive network of forex sites sells his forex products. A scare, then magic solution that many Internet scammers/fraudsters use today. He hides behind other names and web sites and shady people too.

I am a client of IFOREX.BG for nearly 3 years and I can say that they do excellent job. If you try their service for one week you may not be able to get used to the way they work with the forex market and profit from their services, therefore I recommend subscribing at least for a month. I myself make a very good living with them although the financial crisis. Please note that forex trading is not for emotional people, similar to those who have left negative comments here, which are very ungrounded.
Some people connect them with FX UNIGMA but there is no such connection. I live in Sofia where they are located and I know that for sure. But I will also give some info about FX UNIGMA, which were charged not for fraud, but for wrongly displayed information about managed accounts services, which they never offered to anyone, but intended to work as an affiliates of Gain Capital from USA, which assisted in the setup. And they were going to win the case with the CFTC but at the end they came to an agreement and paid small fine. The above information is available at the CFTC.gov web site, but you need to see the PDF files for all details. So they never had a problem with the actual forex forecasting and signals services they offered.

Okay, my continued FXCM review.

Let's start with I am not a big fan of trading signals - nothing beats a trader who does thier own homework, creates a plan and sticks to it. No trading signal can figure my R:R better than me.

That being said, I know some people use them and swear by them. FXCM seemed fairly easy to read, use and comperhend. The thing I liked the best was that not only did it tell you the pairs, BUY or Sell, but it also told you what trading stradidgy it was useing. ie Break out, momentum, or range. That was nice - I could add evaluate my R:R better knowing that information.

Of course, like most trading signals it enters trades to late or to early. holds positions to long and I was able to beat it by 27% over 6 weeks. Still all in all it was profitable and I guess if you like trading signals it is as good as any.

On a side note - they have a section in the trading signals where twice a day (once at open and once intraday) that one of their people provide anyalisis on the pairs - post thier charts and list all resistance support and pivot points. And tell you thier idea of where the targets should be.

I found this more useful than the trading signals. I would never enter a trade or exit a position based off of someone elses aynalisis; but it was nice to have a second opion (so to speak) on positions I was already in or thinking of entering. I would say I picked up somewhere between 25-35 pips a week just from comparing my charts to thiers. And that adds up over time.

I pay for profits only and it's working.

I have been trading stocks,options,futures and currencies for 30 years and came across ZULUTRADE and joined on as a signal provider.As a signal provider you must complete 30 trades before you become public.I was testing the system and had 30 winning trades for 30 attempts......so far so good.To my horror I began to notice that my close orders were not processed and was unable to close no matter what I attempted and incurred extremely large draw-downs and every attempt to have ZULUTRADE correct the situation resulted with a complete run around.What seemed to be a great idea turned out to be a complete disaster.At the time I had 60 followers and could only watch their accounts dwindle.I felt very badly for those people and stopped trading with ZULUTRADE.I strongly suggest you do the same!

http://www.nashvillepost.com/news/2009/12/7/soldier_of_forex


Soldier of Forex

Francisco Arias ran a $1.2 billion trading fund between special-ops missions. Or not.

By E. Thomas Wood

12-07-2009 12:06 AM —

He's nowhere to be found at the moment, so maybe Francisco R. Arias Jr. has gone behind enemy lines. But the 22 investors from across the United States who filed suit against Arias in Nashville late last month probably have other ideas about why he seems to be lying low.

Arias, who moved to Nashville from Florida earlier this decade, is at the center of numerous legal claims and counterclaims over his activities as a supposedly high-flying foreign currency exchange (or "forex") trader. The three related lawsuits filed against him Nov. 24 in Davidson County Circuit Court are the latest volleys in the legal battle. The investors seek $10.9 million in punitive damages for what they term "promissory fraud" by Arias.

In another case involving Arias, his father-in-law has said Arias duped him into serving as the "face" of the investment operation. You see, Arias "was in special operations with the United States Military and must keep his identity hidden," he is said to have told father-in-law Gary Doney Sr. of Lebanon. Arias even gave Doney the authority to sign documents on his behalf "in the event that something happened to him on one of his alleged military excursions."

Eventually, Doney said, it became clear that Arias "is not presently, nor has he ever been, a member of any branch of the United States armed forces."

But he did file for bankruptcy in 2007 and in May of this year, U.S. Bankruptcy Court Judge George C. Paine II issued an “order finding fraud” that prevents him from discharging his debts to various investors through the bankruptcy process.

For a time, Arias had Doney and plenty of other people convinced that he was not only an international man of mystery but also a genius at making money in the notoriously volatile forex markets.

The plaintiffs in the latest lawsuits say Arias talked them into making one-year loans that offered a guaranteed interest rate of 30 percent. Doney signed promissory notes to the investors, who believed the returns would be derived from currency trading by Arias. They say he showed them false financial statements indicating that his trading company, Adieus Corp., had a net worth of hundreds of millions of dollars.

Doney, for his part, says Arias showed him "a computer screen that evidenced trading in the account reaching a value of as much as $1.2 Billion and resulting profits of as much as $180 Million." The figures were fake, he claims. But Doney would have been in a position to know one number for real: He said the total amount Arias took in from investors came to as much as $3.4 million.

The new lawsuits say Arias put out promotional materials asserting that he had a 90 percent success rate in his trades, achieved by using a proprietary software system that "minimized or eliminated investment risk."

Some of the plaintiffs say that while Arias was investing their forex funds, he also sold them equity in a new wealth management company, Reynier Holdings. He promised it would go public and make its owners wealthy.

Franklin resident Rick Mattos was one such buyer. Besides investment losses of $176,000, his lawsuit says he is out $60,000 on the equity investment.

Enticed by the high returns they believed they could obtain via Arias, some of the plaintiffs went to exceptional lengths to come up with money to invest. John and Natalia Yosco of Franklin took out a $150,000 second mortgage to fund their purchase of Reynier equity; they were eventually forced to sell the home, their lawsuit says.

Two Florida investors cashed in Individual Retirement Account funds to invest in Adieus. Each lost almost all the money invested while also incurring substantial IRA withdrawal penalties and fees, according to one of the complaints.

Nashville attorney Kevin S. Key is representing the plaintiffs in the three new lawsuits. He declined to comment on them when reached last week.

Two Nashville-area telephone listings for Arias were out of service last week. Filings in Davidson County General Sessions Court indicate he was evicted from a home on Country Wood Circle in Donelson last September.


http://www.nashvillepost.com/news/2009/12/7/soldier_of_forex

http://www.nashvillepost.com/news/2009/12/7/soldier_of_forex


Soldier of Forex

Francisco Arias ran a $1.2 billion trading fund between special-ops missions. Or not.

By E. Thomas Wood

12-07-2009 12:06 AM —

He's nowhere to be found at the moment, so maybe Francisco R. Arias Jr. has gone behind enemy lines. But the 22 investors from across the United States who filed suit against Arias in Nashville late last month probably have other ideas about why he seems to be lying low.

Arias, who moved to Nashville from Florida earlier this decade, is at the center of numerous legal claims and counterclaims over his activities as a supposedly high-flying foreign currency exchange (or "forex") trader. The three related lawsuits filed against him Nov. 24 in Davidson County Circuit Court are the latest volleys in the legal battle. The investors seek $10.9 million in punitive damages for what they term "promissory fraud" by Arias.

In another case involving Arias, his father-in-law has said Arias duped him into serving as the "face" of the investment operation. You see, Arias "was in special operations with the United States Military and must keep his identity hidden," he is said to have told father-in-law Gary Doney Sr. of Lebanon. Arias even gave Doney the authority to sign documents on his behalf "in the event that something happened to him on one of his alleged military excursions."

Eventually, Doney said, it became clear that Arias "is not presently, nor has he ever been, a member of any branch of the United States armed forces."

But he did file for bankruptcy in 2007 and in May of this year, U.S. Bankruptcy Court Judge George C. Paine II issued an “order finding fraud” that prevents him from discharging his debts to various investors through the bankruptcy process.

For a time, Arias had Doney and plenty of other people convinced that he was not only an international man of mystery but also a genius at making money in the notoriously volatile forex markets.

The plaintiffs in the latest lawsuits say Arias talked them into making one-year loans that offered a guaranteed interest rate of 30 percent. Doney signed promissory notes to the investors, who believed the returns would be derived from currency trading by Arias. They say he showed them false financial statements indicating that his trading company, Adieus Corp., had a net worth of hundreds of millions of dollars.

Doney, for his part, says Arias showed him "a computer screen that evidenced trading in the account reaching a value of as much as $1.2 Billion and resulting profits of as much as $180 Million." The figures were fake, he claims. But Doney would have been in a position to know one number for real: He said the total amount Arias took in from investors came to as much as $3.4 million.

The new lawsuits say Arias put out promotional materials asserting that he had a 90 percent success rate in his trades, achieved by using a proprietary software system that "minimized or eliminated investment risk."

Some of the plaintiffs say that while Arias was investing their forex funds, he also sold them equity in a new wealth management company, Reynier Holdings. He promised it would go public and make its owners wealthy.

Franklin resident Rick Mattos was one such buyer. Besides investment losses of $176,000, his lawsuit says he is out $60,000 on the equity investment.

Enticed by the high returns they believed they could obtain via Arias, some of the plaintiffs went to exceptional lengths to come up with money to invest. John and Natalia Yosco of Franklin took out a $150,000 second mortgage to fund their purchase of Reynier equity; they were eventually forced to sell the home, their lawsuit says.

Two Florida investors cashed in Individual Retirement Account funds to invest in Adieus. Each lost almost all the money invested while also incurring substantial IRA withdrawal penalties and fees, according to one of the complaints.

Nashville attorney Kevin S. Key is representing the plaintiffs in the three new lawsuits. He declined to comment on them when reached last week.

Two Nashville-area telephone listings for Arias were out of service last week. Filings in Davidson County General Sessions Court indicate he was evicted from a home on Country Wood Circle in Donelson last September.


http://www.nashvillepost.com/news/2009/12/7/soldier_of_forex

Representative told me $5000 was enough to trade the Lee Gettes Program but when I called to set up my trading account the Broker told me $5000 was not enough and I would be out of trading more than in and because of the downdraw, $5000 was really not enough. I called DTS back to report the information and requested a refund. The DTS rep postponed returning my call(2 weeks) until he knew I had received the literature for the Lee Gettes Program and, of course, he said I could not get a refund of the fee. The DTS rep was determined to keep my fee soooo, beware of NG and the stategies used to pressure you into signing a contract before knowing all the information about the trading program. Because of NG, this company STINKS!

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

Wow.... It is totally a scam. This man copied Alan Hull's free indicator, the "hull moving average" and made it as hawkeye trend. Please compare his volume indicator and trade station volume indicator. He tweaks these indicators and sell it. The most painfull part for me is I lost substancial money using these indicators. This guy suggest everybody to trade long term and you will endup on margin call. The worst part of his seminar is he insult most people in the room. If you like to meet a pure "redneck", and have a good amount of money to gamble with you can buy this scam....

The problem is very big list of traders. And only some of them are good.
I think that Utusk is the best trader of gfsignals company.

i subscribed for long term signal(titanuim) for a year . but signal they showing in past performance and signal they send me are lot of different . most of time they don't show lossing signal in past performance but it was given to subscribed client. and some profitable trade they showing in past performance are never given to it's paid client. so be carefull before paying money to them for titanuim service. I am very upset with this company . please save your money from them and find good forex signal provider.

the signal is not clear, I probe it mare loss , is not good take profit,,
resume 80% loss and 20% take profit

They are very good they send very steady signals I recommend them.

Fantastic!!! I joined in mid October and could not happier. While there have only a been a few trades (around 6 since then) all have been winners and I just don't know how to thank them enough. I don't mind even doing one trade a month as long as it is a winner and I would definitely recommend them to everyone. 100% the best signal forex provider out there - Thank you.

I'm giving it a 3 star due to the fact that I am still fairly new at Forex trading. However, what I am finding is the same thing that Tracie found. That is a lot of loser signals, especially on their Intraday signals. I too, have been thinking about doing just the opposite of what their signals say. A plus factor for them is that they do have good online resources and a manual.

I joined around 6 weeks ago and have been most impressed. The trader Mr Souza has been very accurate and he even posts his thoughts on the major pairs everyday and i would say it has been spot on the money. I made the most ever in forex in October and just wanted to thank fxdaytrader for this. The monthly fee is very reasonable and if you have been losing in forex this website can definitely help you to the path of profitablity.

Hy my name is robyien kruzsek from russia..I make this review without any compulsion from 4xformula.com web owner...( his name azky) I write it by honesty from my deepest heart..! :D
I joined with 4xformula about 3,5 months ago...I buy mpts pro ea..!value $140
every day i trade and get profit min 20-50 pips at london market..!
I use lavarage 1:400 at my broker and start basic equity $800..
and i had withdrwal my profit more than 10 times....
very good forex robot...! for newbie trader like me...!

regards,

They are total scam. Bunch of liers stealing people money with fake results.
Stay away from them.

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

Totally a scam...had a good run awhile ago when brokers filled on the news. They no longer do, but Rob Grespi and king forex, as well as fx news whiz were total scams. Felix is a slimmy greedy internet marketer with no scrupples, and will squeeze you dry for every cent. Avoid!!!

I have been using few Hawkeye indicators with my own trading method around 3 years.My personal opinion is good product if a trader know the market.Great support and immediate assistance if I have any issues. Class room is wonderful!

GET UR FACTS STRAIGHT AHMED AND/ROB GRESPI BASHERS : ROB GRESPI NEVER RAN FOREXDIAMOND OR FOREXPEACE ARMY

Is a good deal

I find that you have to choose the right "Team" since they have multiple teams some seem to be more suited for auto-trading IMHO, and others seem good enough to follow manually.

a real fraud this company in the chat room only people making stuped jokes but i subcribe a trial for 7 days i complain to geht my money back becose i never become the fabulosus sinals only waste my time and money they never answer my complains , fraudly people, deshonest shame you.
enter in this web are so complicated so you lost only time to seea room ho are people only telling stuped things

39$ FOR 7 DAYS BUT THEY STOHLEN MY 2 DAYS AND NEVER BECOME A MONEY BACK OR A ANSWER
BEWARE BEWARE YOU ONLY LOST MONEY TIME AND GETH ANGRY

Great assistance in the live-chatroom, live trading. These days I do 50-100 pips a day and 2000 last month! They also show trading statements. I'm pleased after using it for 2 months now.

I think this service has provided good recommendations with good chances of worthwhile upside with the cap on risk that options trading provides.
If you don't understand the concept of options you should not use this service, or else learn about options first.
I like the weekly update on the anticipated directions of the major currencies and the position of existing trade recommendations.

I joined in March 2008. They keep releasing new tools, but nothing is as powerful as their market barometers. I've been using their barometers with fantastic success. I keep looking a more powerful trending tool, but so far, nothing comes close. I just started using the long term x system trade alerts. The owner (Dan Campbell) suggested that I start with the long term alerts. I've accured over 2000 pips in less than 6 weeks. The long term alerts are pretty much 'set-n-forget'. You get the needed updates from your phone (sms or email). Very impressive so far. All of their tools work great. Given em a shot.

I Subscribed to this services 2 months ago. I paid the subscription fee with PayPal. Until now, I have not heard anything from him or from his company. I have not received any signal from him or from his company. I tried to contact him several times, 6 or 7 times, with 3 different e-mail addresses but I haven’t received any answer until now. Therefore, I filed a complain with PayPal. One week ago, after all the process, PayPal told me that they are trying to refund my money from Paul Bartko. I am still waiting…..
SimplyForexSignal.com IS A SCAM.

Best EA i had....I buy the EA MPTS PRO...I start with $1000...in less 2 weeks its give me profit $600.....I rate it 5 star...
Good support...Good update..Good Systems

These guys wont do anything but take you for either 5,000 or 6,995.. whatever you are suckerd to pay. If you do its your fault.

This is a complete scam. Their signals are late and I have lost money using this service.
Don't use it...

Their results are not honest. It is not possible to replicate them. Every time that a trade goes into profit, they advice you to close it right away but if the trade continues in the right direction, they publish a big winner.

This means that if the trades were in profit for 1 pip but then went on to be a loser, they publish they results with a 1 pip win instead of with a loss, but not the other way around.

Additionally, they provide simultaneous signals with eurusd, gbpusd, usdchf and usdjpy. The 1st 3 are highly correlated; therefore, your risk is multiplied by 3.

Please don't give them a dime.

A lot of loosers here! I actually started doing opposite of thier signals and did better!

This is a GREAT service! I tried the 7 day trial (for 10.00) without a loss. They are however costly....$250.00 monthly is the lowest plan. Being a newbie I can't afford this monthly rate as of yet. If you can afford it, it is a great service. Customer service is 110%

Hello everyone, I have used this service for several months. I managed a med fund for family and friends. I only use the round table service. Very consistent so far I must say. My account growth is steady. Had some drawdown in late 2008, but I think everyone did. Those moves were unpredictable (english spelling?). When I first started I sent over 30 support tickets asking questions. They never got tired of helping. Dan is very helpful. He doesn't respond with short answers and he makes sure that you understand the meaning. Very excellent service.

I have only one comment:
how come all their results in hundreds

David (mod), the head trader has left this group. There was never any real reason given for his leaving. He was associated with FX Insights. All these stories about these guys that were associated with Cisco and that bunch leaves me to keep away from the subscription services at all. I occasionally follow the Verite FX calls but would never pay any subscription service.

gooddddddddddddddddddd

This is unbeliveable forex signals blog. I have follow this blog for a year and made a big money in forex trading. I'd to recommend this blog and rate it with 5 star.

Cheers,

John

I subscribed with them in the (Managed Account), I lost more than 40% of my money in 6 weeks. I cancelled my account with them. Don't recommend it for anybody.

Seems a good site, in fact the whole thing is free and you don't have to pay

I have only great things to say about 4xLounge. Their X-System is by far the best system i've used in the forex market. In addition Adam and his support team continue to provide excellent customer support, and they are always 'up' on what's happening in the market at that moment. When do they sleep? I have become a faithful subscriber to 4xLounge as they have truly made me a better trader.

I don't know how that last reveiew was written, the�reviewer was obviously on drugs as the forex�signals, how may i put it... "completely suck" I can't give them a scam rating because they are not running a scam, but they just have horrible signals and results.

I subscribed to them recently and it was extremely complicated with far�too many features to follow, plus additional charges and not very profitable. did not like the additional add ons and the profits were very small and i don't consider them value for money.

I am in disbelief to read a false negative review submitted some person calling himself 'Angry Customer' about this site and I feel I should defend a service that has helped me so much about forex and has been blessfully positive for me and my family.

A I would like to point out that the person that is throwing big accusations has not even used
his real name. I am a member in good standing and Kumar will be able to verify this.

B This supposed 'Angry Customer' is clearly not a member of this service for sometime (going back to 2008) as trades are given with stop losses.

C 'Angry Customer' wrote '...which leads me to believe this site is run by Kumar.....If I am wrong this review will be published....' I suppose since this misinformed review has been
published......shame on you, though I would be surprised if you would ever go out of
your way to retract your accusation.

D 'Angry Customer' wrote '....I followed his signals exactly and after a good run.....' So you had a good run? Then why would you call this service a SCAM?

E 'Angry Customer' wrote '......he got into a blow up which nobody would have survived.' Now, there was an explosion??? Or did you not take responsibility with your account and money
management. My husband and brother are options traders and could teach you a thing or two about hedging my dear :)

F 'Angry Customer' wrote '.....His no stop loss policy was ridiculous.' I'm curious dear, what was your own stop loss policy?

G 'Angry Customer' wrote 'Read all the review at Forex Peace Army on his company and you will see the truth.' This is ironic in so many ways. First, that site has a 4 star rating on this
same service. Second, that review site is famously known for promoting their own signal services - which I've tried trading with rather unsuccessfully. Third, I have a son serving in
the Marines and I am damn proud of it. Before I get too upset at the absurd irony of your comments, here is a link to the L.A Times article:
http://www.latimes.com/news/local/la-me-craigslist7dec07,1,3217185.story?

So, I am not sure what makes you so confident you are getting 'truth' at Forex Peace Army - quite the opposite I would think.

Lastly, I would like to say that I am a fully satisfied member of FX Swing Traders and I hope the team there does not take to heart malicious reviews posted by imposters or get distracted by them - your service is wonderful and please keep concentrating our signals - the service is
appreciated by most if not all of your real members.

The guy who posted the last review was probably not with this company in 2009, it sadly has been a difficult year with lots of "red" in my forex account. I have decided to cancel with them and look for another provider.

The biggest scam since the bernie madoff scandal. All the 5 star reviews on his website are owned by him, i tried to post a negative review which was never published. Don't ever trust anything from that reveiw site.

too many systems and too time consuming, while i have not lost money i have missed a lot of trades as i simply don't have time to watch the forex markets 24 hours a day. I am not criticising the service as when i asked for the refund it was given to me in a few days.

the signals are hardly given, only a few a month and i have lost money with them, their customer service is good that is why i am giving them 2 stars, otherwise they would have been in the scam department, if you like to flush money down the toilet go ahead and join this service.

I would give this a grade "c" at best, you have to watch the market all day long and I have a day job, plus a lot of losing signals last month and I have since cancelled my account

the main trader Adam keeps changing the system, if the system does not work then he introudces a new one, now we are using the X-system, problem is that you have to watch it 24 hours a day otherwise your performance will not match, this is complete bullshit, i don't want to be a slave to the market and I have moved on to a better signal provider.

The guy who wrote the last review obviously is not with them now, they have taken losses recently and very hard to trade with these providers. Be mildly cautious so 3 stars from me.

while it is a good website and is profitable i am still a bit skeptical because these guys are the same ones who started profxi and i got badly burned with them. Same thing started well then losses mounted and then they opened this website. So far it is good but one has to be careful.

I have to defend kumar in this regard as I have been one of his loyal subscribers since the very beginning. Since 2008 November all and EVERY one of his trades have had stop losses, and since then the overall results have been extremely positive. Since November 2008 overall the service has done very very well and obviously this guy works for felix. The only reason this service has negative reviews on forex peace army is that it is run by felix, who owns over 2 dozen forex sites which are all postive reveiws and all the other reviews have negative/scam. Felix does the same thing with forex brokers. Every forex broker that gives felix a rebate has a positive review, however those who refuse to participate in this scam gets a negative review.

A great example is Oanda, they are a great broker, but because they don't give felix commssion they are rated very badly on his review site. This reveiw site has no bias towards anybody as you can see the Angry review about fxswing traders is posted and this review site is definitely more accurate than forex peace army.

Don't belive everything you read and obviously the angry trader has not been with Kumar since November 2008. Kumar runs a very honest and profitable service and I think the guy who wrote the last review probably works for felix. As felix wants to trash every forex signal provider around if it is not owned by him. Just google his name and you can see how honest felix really is.

I am making a video of me leaving this review. I have noticed that all the bad reviews about FX Swing Traders were taken down off of this site which leads me to believe this site is run by Kumar. If I am wrong this review will be published, if I am correct my video will be published on you tube and all the major FX forums. Kumar has had numerous blow ups which would have left you with little or no money left in your account. I followed his signals exactly and after a good run, he got into a blow up which nobody would have survived. His no stop loss policy was ridiculous. Read all the review at Forex Peace Army on his company and you will see the truth. How does one site have perfect reviews and another tons of awful reviews???

Hi every body


I opened this thread to warn every body about this site and there product.


I saw some threads opened regarding Forex Trading Signal - Forex Indicator & Expert Advisors in some of the Forex forum, so I thought form its performance this is what I want, despite that the price of it was so expansive. I said it should worth it.


I looked in all the forums and review sites to find any thing negative about this site and its EA and I found nothing.


Then I emailed them several times asking about this EA, its performance, broker working on etc. and their replay comes quickly.


Then I decided to buy this EA.
I could not pay them through paypal because of some errors happened (paypal did not accept the payment). So I asked them for alternative way i.e. wire transfer or Western Union. They told me they will accept Western Union.


I rushed and I payed them. Payment details attached.


The man name is DIKI SULAEMAN S.T from INDONESIA


After thy payment I sent to him my account no. in fxcm.com. then he sent to my the EA.


I followed the installation instruction as is it written and I run the EA.


[U]Look now the long story is going to happen.[/U]


After installing the EA I found it not working as per their performance. After few days what I got is 3 lost trades.


I emailed them and they told me to run it in VPS, I got a VPS and then I run the EA on it. Still no improvement.


I emailed them again. And I gave them my VPS username and pass, to check whats wrong.


Note I have to email them several times to replay to me. And after a long time the replay came.


"We apologize for the delay in responding your e-mail, network power in our
office affected by lightning. So that we can not do any activities.
We tried several times log in to your VPS, but failed. so that we can not
know your problems. Will you send password is correct? "


Then I emailed them again with the details despite that they were correct. And also after a time they came back to me.
The historical data in Fxcm.com is not full.
And they asked me for my account password so they can trade for me. ((look at that))


Ok I have asked them for the best broker who has the Historical Data and work will with there EA.
The answer came its Al-Pari-UK as per their website performance.


Them I opened a new account in Al-Pari UK, downloaded the historical data. Installed the EA and still no improvement.


I emailed them again asking the to check and see what's the problem.


And after several emails the answer came the connection in your VPS is bad change the VPS server. Although I was using Swvps.com - USA & UK Virtual Private Servers - OpenVZ and XEN, Forex VPS a well known VPS website by all.


I fed up again and after others emails the told me that they need my password to solve the problem. And after giving them my pass work there answer came " Thank you for giving us the full trust to manage your trading account. We will provide the best for you. "


[color=black]Thats what they want (to manage my account) there EA is bullshit ((BE CARFULL))[/COLOR]


Also I found some one else in an Arabic forex forum who has being scammed by them http://www.arabictrader.com/vb/t70800.html

[COLOR="Red"]So I am warning every body from these people as they are scammers and if any body knows how the way to close their website please report.[/COLOR]

i joined about 12 days ago at the start of july and am very impressed. while they don't have signals every day, most of them have been profitable and for big money, i am up over 300 pips this month and while trading on my own i could not even make 100 pips. service is excellent and the value is great, only 99 dollars per month. i was expecting signals every day but i suppose quality is better than quantity and i would very much recommend this signal provider.

Price is too high,you get only 1 signal per day.the price they tell u to enter most of the time trade never reaches there.But there Signals are 90% close and works.I mean very safe for someone who only wants to do one trade per day.so not for me.

CFDFXREPORT is a SCAM, SCAM, SCAM! I am a former employee, and I know that the people who pick trades for CFDFXReport have NO EXPERIENCE as real traders! Also, if you are on a trial, they will lie to you about their results, changing their entry and exit points after the fact (because you won't be getting them live). Save your money. CFDFX Report is a SCAM!

I am so glad I found this service over the internet. I have been scammed so many times by signal providers who reported false profits, gave crappy signals but this service is truly wonderful. Fantastic signals, while they do have losses they have been reported with honesty and overall I have made a very nice profit. I don't trade very large amounts but appreciate the pocket money this service provides and I would definitely advise�joining this signal provider.

Muhamed, how good is his signal?

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

We have not received a comment or response from this forex company.

Great site, lots of great picks with very clear instructions!!

Complete scam, I just wish I had seen these reviews before I wasted money on a subsciption. There signals arrive late and even then they are completely wrong.

I get his signals for 1 month now.Before it was only by email ,now its sendt automated to your MT4 platform.Results are much better now.I dont need to wait for signal longer.He is very helpfull guy with fast support.I want to give it 5 stars.

i visted this site and subscribed in it befor three months
it is just great.
the are very good and free feature such as
news
signals
auto execution system
portfolio management
knowladge bas nad more
just great
by the way they are some charged services

May 2009 7 trades 6 loss in a row

(-92) GJ
(-99) GJ
+0 GJ
(-80) GJ
(-90) EJ
(-31) EJ
(-71) EJ

TOTAL LOSS MAY 01 TO MAY 12 (-463) Pips

for the value this service is great! we get over 25 signals a month and the price is very reasonable and easily pays for itself. I am originally from the UK and have experience in the forex markets and I use this service as a guide to see where the market is trending and it has been a great asset to have this service with me.

signals can come at any time but most of them are winners, I am a day trade scalper and 100% of the trades are winners, I just get the trade and look for 20 pips profit, I have not lost a single trade with them, thank you fxdaytrader.

HI Umberto
I'm emanuele from italy I'm having the same problem with this site., but I'm trying to get my money back
for jones : actually Mauro Sciaccaluga has open his site under Plimus and I'm trying to get my money back this guy has other site take a look here http://ezinearticles.com/?expert_bio=Mauro_Sciaccaluga
keep in touch
Emanuele from Italy

Nearly went for the scam rating but if you have traded currency before you may do better than me. As a total newbie I went for this service as it offered a nice simple type of trading on the PHX with only a handful of currencies traded against the $US & settled in $US. Cost $295 US per quarter.

I found it hard to fully understand how this worked but after reading the material through a few times I did what Brian Mike's said & jumped into a trade (after which it would all come clear). I used options express & placing the trade wasn't too hard & I purchased the option for less than the buy up to price. So far so good.

I watched the $AU rise against the $US & suddenly realised I didn't actually know where the profit on the trade was coming from. Was it the difference in the currency price - or an increase in the value of the option? I re read the material & still no clarification so I emailed the helpdesk only to be told they couldn't give me independent investment advice.

I emailed again saying I only needed clarification of their trading instructions, could they please point me to the page in the pdf's which would explain this to me?Or send me an updated page to add to the manual? Or put an answer on the Q & A section of the website? Nope could not/would. not. Their advice - contact a broker & ask them. What? After I just paid for my second quarter subscription?

End result cancelled service & not impressed with Hyperion Financial Group.

worst service ever!
their signal provider dont stick with their promises .
use very high SL (not always)
i have tried their service with total wipe out!

Apr. 2009
I have been a customer of ZuluTrade for 4 months. The first time they missed an exit signal from my selected provider, I caught it just in time, and it 'only' cost me 46 pips.

Couple months later, ZuluTrade again missed the exit signal, this time cost me 540 pips and wiped me out. Their 'rep' acknowleded the mistake, but ZuluTrade would not own up to their mistake. Never ever trade with ZuluTrade.

Hi there, i dont like to write things anywhere, but i really hate whe some one lies about something or somebody with no prove, i use midnight and they are honest and very profitable, this company have a good customer service.
Of course you have to use money management, during the last 2 years thsi company has only 2 losing months, one was aorun 300 pips and the other one was 150, but the winner months are betwen 300 and 1000 pips.
The only thing i dont like is their price, it is expensive, but as long as they keep making me money i dont care.

I only joined this service since the beginning of April but I have already doubled my account. In pip value I have made over 500 pips something I could never do on my own. If this service continues like this I will definitely quit my job and do this full time.Thanks fxswingtraders

This service is simply wonderful! The downside is that you can get the signal anytime of the day but most of the trades have been winners and I have made money every month I joined them. I get the signals on my phone and just place my orders in and it is a very easy system to follow. I am new at forex but am beginning to fall in love with it.

I have been with this service for over 14 months and since they have started to put stops on the art trades I have seen my account triple in 3 months. Every month we have made money and if you like long term signals I would recommend this service as you can me hundred pips on each trade. If you like to trade 20 times in a day this is not for you.

Just read the disclaimers. Enough said.

These guys have virtually "saved" me from the�many�lousy�forex signal providers that I used. I joined this company in January and have made money every month. Last month was simply outstanding and my account is steadily growing to recover the losses I incurred with other signal providers. I use a spreadbetting platform for trading and have had no problems with their reporting or entries. I get the signals via sms text messaging on my phone. I found these guys in a forex forum where a nice trader was kind enough to recommend them. Thank you fxdaytrader for the profits and I would give you 10 stars all the way from me************

I joined this programme in March after having endured losing for 5 straight months in forex, only made around +100 pips this month but I will take that. The service does stress discipline and won't trade for the "sake of trading" and at least I know it is possible to make money in forex. I would recommend this service and plan to stay on as long as I can make money.

The guy is very weird to deal with, very cold, not interested to help.
Definitely most unhelpful and ungrateful to deal with.

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 trftcorp@bluebottle.com

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. srnst@yahoo.co.uk. Cheers, sue.

I've used dozen of forex services over the past 3 years and 4xlounge is by far the best. They have tools that you can't find anywhere else and their support is excellent. Their trading systems require a bit of practice, but once learned they are very effective. If you're looking for a "quick easy solution" to forex trading (it doesn't exsist). However, if you are willing to put in some effort, 4xlounge has the tools and support to help you make a living trading the Spot Forex market. I've been with them for over 1 year now and my personal trading has never been better.

sito inattendibile, nessuna mail di risposta e segnali campati per aria, un esempio? 23/03/09 gbp/usd buy 1.4616 e sell 1.4623????? Impossibile seguendo alla lettera le istruzioni di come impostare entrate ed uscite riportate sul sito !!! Oppure giorno 12/03/09 gbp/usd buy 1.3833 e sell 1.3720 : andate a vedere il risultato e divertitevi. Disponibile a fornire ulteriori aggiornamenti

Paid Caution money $150 for managed account. Did 2 trade. Then no news, no email, no trade. STOP COMPLETELY. No response to email.email reply as permanent error and now trying to get my $150 back.

The Fundas is based in Chennai,India and is run by Mr.Prem Kumar Ramamurthy, New no.72,Old No.6, Thirupur Kumaran Street, Vyasarpadi, Chennai 39

I am in total agreement with Tom, I just joined these guys on Sunday night and in 48 hours of trading on two trades I have made over 100 pips. I know these are early days but I can tell you that every trade is reported accurately and before I joined they sent me a detailed list of every trade they have taken in 2009 so you can see all their drawdowns and profits. They have made well over 1000 pips this year according to their fact sheet and I'm inclined to believe them after what I have seen.� I hope I can post a follow up review if things change. Simple trading and I get the signals delivered right on my cell phone. I did try some other services before but I did not like the way they were inflating their profits and hiding their losses. So far all good and accurate reporting and if they mess up I will be sure to write another reveiw.

I subscribed for these signals one and a half years ago. On a site they publish statistics without taking spread into account. But with each signal they send excel table where the real statistics is reflected. Since then I did not subscribe for them any more. But having checked up the old mail box I have noticed, that they continued to send me signals all this time. So here their REAL last half-year performance : SEP08= -16; OCT08= 45; NOV08= -627; DEC08= 84; JAN09= 61; FEB09= 30.
Not so good, but it is the truth.
Good luck!

I m a founder member of veritfx.com and am very happy to write that this is one of the best forex websites i've ever joined. Mod provides his keen insights about euro/usd pair and the signals have a very high accuracy rate. The only thing you are required to do is follow proper money management and your account will rock. They also provide very good education and all this for free. Overall, I highly recommend for everyone who's serious about trading forex.

Hello,

At VeriteFX.com I've been averaging from 200 to 350 pips a week (on a mini account)since the end of February. I follow their trades and now feel confident enough to make my own. With their free web site you can watch and learn along with them.

Three months ago I started trading forex on a full time basis after trading for 3 years on a part time basis. Recently the market has been a real roller coaster ride and thanks to the 2 head traders at VeriteFX.com, David (moderator)& Family_Man,I am alive and succeeding. Both head traders have been able to read the markets and be flexible with the calls/trades they make.

Check them out at VeriteFX.com and try them out. Its probably the only free site where you'll learn a different way to trade the market. Check out the daily updates, the logged calls and all the other information they have available.

Claude

Really good service. I really satisfy of be a member of VeriteFx. Really good to see what and how they are doing all of staff they have. Lot of info giving away to learn and become successful trader. Giving 5 stars, as i know the team almost for some years. Good to have you back Mod (David) and of course all team (fxr, family_man)

I just joined them on Sunday March 8, 2009 and I live on the East Coast. Their timing of their signals are very late for me as they trade the European session but it is absolutely worth every penny to wake up to profits! I have made over 250 pips in 3 days just from their calls and like other members any associated fees have been covered for years to come!! :)

Have you ever found a business that just seems to deliver better than others in the same category? So far fxswingcapital.com has put a big smile on my face. My gains are solid and honest (over 2400 pips in 13 weeks) and that's all I could ask for. I get a quick, personal response from a human when I have a question and after three months I received an email informing me that if I stay for six months my price goes down. Are you kidding? They are lowering my monthly subscription fee from $150 per month to $99 per month because of my customer loyalty. I love it! Maybe Russ could help GM!!!

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.

I will share with you the power of how I make money from these signals, basically the TBT trades that are sent daily to all the members I just make the profit level 20 pips and the stop level 20 pips, although they usually look for 50-100 pips profit, this 20 pip strategy has made me lots of money as the trade is over 80% correct, I go in with very large positions and have profited very well for the last 60 days.

They are great. Great brokerage services. Very professional. They also offer a lot of tools to help forex traders.

Zulutrade is very good new concept that surely will take off in a few months.
Some people don't know how to manage risk and how to set up properly the good providers you can find in zulutrade and when they lose money they blame the platform. I have opened several demo accounts with good results and others with no so good results, but since zulutrade provides all the detailed information I cannot say is "zulutrade fault"...it was my fault and signal providers fault. So I highly recommend ZULU but I recommend to learn how to evaluate the signal providers and how to manage risk.

they are very good in signals. Thank you theinvestorsdesk

You can call it luck or these guys are really good, I joined on Monday 23 February 2009 and the first signal they gave was short USD/CHF at 1.1530 and before you know it it hit 1.1460 but i did not get close out signal so I held on to it, and now it is around -70 pips, but on Tuesday they gave signals to go long usd/jpy, long eur/jpy and long nzd/jpy and what a run, I made over 600 pips and took some profits that covered their entire subscription for the next 10 years. I am still in half my positions and over 500 pips up. They told me the usd/jpy can hit over 100 and if this is the case I can retire on these signals, all for just $99 US I am very happy.�

Difficult service to follow too many signals flying at you from 4 different currency. 1 winner 3losers is the average night. those daily performances are from trading all 4 pairs.

No response from company about withdrawl request.

For all those that have called this...and the other services SCAMS, you are absolutely correct. I run a forex alert and managed account service...notice, I have left the name completely off of this, I'm not looking for advertising here. The proprietor of all the sites mentioned here, and a few that are not, Dmitri Chavkerov was actually a customer of our firm's alert service in 2006. I actually received regular phone calls from Dmitri with all sorts of "new guy" questions. During those conversations, it had come to light that he had just gotten into the forex market about a month ago, and had absolutely no idea what to do. After being a customer for a couple months, he called our office regularly in an attempt to allow him to become a reseller of our services...which we repeatedly declined. Shortly afterwards, he cancelled our service and set up a website pushing someone else's bogus program...and bashing a few others (ours included). that eventually led to his website forexbastards.com...which then spawned all his other bogus sites and programs. The funny thing about this joker, is that when he cancelled our alert service, he left his account open with our brokerage (under our IB account)...so we had full access to his trading records..which by the way, this was the only account he had...or to my knowledge has had since. It had a total of 5k US as an opening balance. During the few months he was with our service, he had managed to add to that slightly trading mini lots. During the 2 months that followed him leaving our service, he lost his entire account balance...and never refunded. All the claims he has made on his numerous sites are 100% false...not only about the greatness of his own service, but many of the negative comments about others (obviously not all of them, there are alot of scams out there). There is no need to waste your time attempting to post to any of his sites...95% of what is on them as comments from traders are simply made up by Chavkerov.
My real purpose here is for those of you that mentioned that you are pursuing claims against him...or assisting those that are. I would be more than happy to turn over all the records, emails, and conversations that my firm has to anyone that they may be able to help. Simply post something here, and I'll get in contact with you.
For those of you that are reading this to see if his service is a SCAM or not...YES, it is a total Scam and has been from day one. Bear in mind however, he is not the only scammer out there in this industry...it's littered with them. The forex market is a shark pond, not a goldfish bowl. Be extremely careful who you give your money to...and when you do, watch it very closely.

I finally got into this service on the 16th of January 2009 so it has been about one month into this service and I can say I have finally found a home. I am retired along with my wife and forex provides the income I need for those extra expenses around the house. I have been very pleased with his service and he has made money with his ART signals. He also provides another signal, although they are not often filled when they have they have made positive results and I have made close to 4,000 in one month. He is a conservative trader who only gives a few signals a week but as long as I have seen my account balance grow I could not ask for more. I suggest for all of you to register on his website and hopefully he will send you an invitation to join.

I have been going to this site since it opened in January. They are friendly and helpful. Room is new so not too many people yet. The first week was well over 200 pips. This week is over 200 pips too. There are some losses but those numbers include the losses. There have been trades in several pairs.

The room is free right now. I know that that there will be a fee soon but no date has been declared. Meanwhile... it's free. So you should try them and see if it is a good fit for you. I am not an owner of this site- just a happy participant.

I totally agree with Romana. They could improve their support but as long they are doing so good I really don"t care about it.
They are really good signal provider; I will stay with them!

Great service! Not so good customer support but their signals are really good and profitable. I certainly recommend it!

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!!!!

I think forexfundas stopped premium signals service and focusing on Managed Accounts. I joined their Managed Accounts service on the first week of December 2008. Within a month, they made 120% profit in my account. I feel their service is excellent.

Even support is very good. I get instant replies for all my mails


Good Going Forexfundas

We have not received a comment or response from this company.

I've been trading a live account using their automated MT4 EA for a few months and am loving the simplicity of the system. The track record posted on the site is very accurate when compared to my live results. January was an amazing month where I made over $3100 on my mini account (around 3300 pips). I'm really looking forward to the rest of 2009...I think I've finally found a real winner here!

This site is closed down.

Review of www.forexrazor.com

I'm a 4 year veteran forex trader and have been a member since december 07. The trading system I follow (Jonah's) in the live trading room has netted +136% for the last 12 months. Jonah educates while he trades, giving feedback to room participants, so you learn by trading. Money management is stressed, so don't expect to make a million overnight here. I get everything free by making them IB on my trading account. Finding things on the site can take some getting use to. Good educational site for beginners - intermediates, but I've learned some things too.
I've tried to list most things available on the site here-

services available to non members-
some videos (http://www.forexrazor.com/Free-Forex-Videos.aspx),
free training sessions on many forex topics (when available, posted on
Signals > Forex Trading Schedule),
honest trade performance (posted on Signals > Performance),
news and articles,
many forex tools/calculators,
charts - forex, commodity, world stock index

two levels of membership - basic and premium.

basic membership is free
basic services-
general forex trends - notices emailed and posted in their forum under trading signals,
free monthly trading contests with cash prizes,
multi topic forums,
large mt4 library (uploads and free downloads).

premium membership (free or paid)-
free for making them IB on a funded trading account with one of their brokers (spreads not increased)
(pfg, mb trading, fxpro, acm us, fxcm, alpari uk, itradefx, ig markets,
ig forex, ig index, marketiva, liteforex, avafx, ikon-royal)
or for a paid monthly/yearly subscription ($129 / $500).
free 10 day trial (careful - you must cancel within 10 days or
your CC is charged and you automatically start paying monthly!)

premium services (for all premium members)-
multiple trading systems,
high-speed global economic newswire,
live trading/education room
with interactive text messaging and graphics,
analysis, trade plans, trades (news and technical) with entry/exit/risk given
(trade performance posted Signals > Performance)Jonah answers questions
- this room is a great live training forum), sms/email/cellular text signals,
video training library
currency correlation trading (4 part)
fibonacci (4 part),
gbp/jpy breakout stategy,
long term trading (5 part),
macd trading (5 part),
mb trading (4 topics),
risk alloction,
scalping (4 part),
sma (3 part),
sr (4 part))

We have not received a comment or response from this company.

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.

We have not received a comment or response from this company.

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:iyad.atuan@AtuanCapital.com

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

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

Hi All,

I am the marketing manager for Your Trading Room, and have yet to receive any correspondence from ForexJustice.com but am very happy to make comment on the comprehensive and in-depth education provided by Your Trading Room.

Although incorrectly categorized (as a signal provider not educator), members are able to trade along side trading professionals in our LIVE trading rooms; so in essence we provide trade calls not mechanical system like a 'black box' system does.

We do have a comprehensive suite of proprietary indicators coded for NinjaTrader, soon to be available for MT4. We have recently released three new strategies to cater for the low market volume experienced over the past 2-3 months, primarily scalping strategies with the option to include runners for more experienced traders.

Please feel free to contact me should you have any questions regarding Your Trading Room and the services we provide.

Good Trading
Ryan Wood

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

This Site is also knwon as iForex.bg

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

Formerly known as 4xmadeeasy.com

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.


This company is also known as Panthar Forex and Vision Trading Systems.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

This company is also known as TraderTech.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

This company is also known as Forex Yard.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

this is a impossible to follow system for manual traders since they give 10 pips profit
5 pips.may be suitable for auto traders .donot follow this system if u r looking for taking all the profits generated by the system.it is impossible.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

I am the owner of Hawkeye Traders. I can categorically say the Hull Average is NOT used in any of my indicators. It is NOT a scam. I have invested over 20 years of trading experience into developing this program, not only for my own use, but to help others to trade better too. On our website, there is a free trading room open every day where you can see the Hawkeye Indicators live in action; no purchase necessary. Does that sound like a scam?

There are always people who don't make it; trading is a very hard business, and you have to be able to manage well the psychological pressures encountered to end with success. Just like a musician, some have the talent and some do not.

As for comments about my seminars, if an reader wishes to contact me at nigel@hawkeyetraders.com I will send MANY testimonials of attendees who have learned to trade successfully using our indicators and methodology; and they return again and again.

Regards, Nigel Hawkes, CEO

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

http://forexjourney.com/

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

Hello all,

We need to clarify the negative reviews from ruzaiq or student4ever.

We have been in business for more than 2 years. Since the beginning we never accept payment using western union and wire transfers, we only accept payment through paypal and liberty reserve. As you know, paypal has very strict rules to protect the buyer. Up to now our paypal account no problem. Logically, if we commit fraud or illegal acts, our paypal account was frozen by paypal.

Responding to the statement ruzaiq, we declare that he is a competitor who sells the same products. In ways that competitors do on this forum is a sly way and very embarrassing.
In addition we found BillionMeterSystem disseminated, and can be downloaded for free or sold at a cheaper price. We are not responsible if you are using a BillionMeterSystem is distributed by the competitors.

Situations like this is a common thing and not to be taken seriously, because these issues relate to business competition.

Thank You,

Rick Anthony
Support of BillionMeter.com

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

http://finrise.com/

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We are new to the signals field and have a great product for Elliott wave forecasting. We offer a seven day trial of our signals in live chat and Tailor Made signals as well. We also offer mentoring, trader certainty classes, as well as market forecasting products.
Come try us out and see what we can do for you!

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

This company is also known as BlazingForexSystem.com

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

This company is also known as ForexYard.

We have not received a comment or response from this company.

I have used this service for 6 months it very bad i think it no worth using also i loose my money

that the best service ever !!

Started using the indicators and wow what a difference from what i was using before great service.

Criminal people. They disappeard with the subscription fees, no more signals, but no refund. No reply to e-mails.

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 %.

This company is fake there is no phone number there no Service all they do is get your money and never get back to you .

Last year i made an for email list the cost was 550Euros i paid and the dowload link they give me do not work i contact the CEO Mauro Sciaccaluga on this email:info@buyforexsignals.com and he did not get back to me.

This company is fake i tried to find there phone or address but they do not have any.

Do not buy any thing from this company for they are fake and will rip you off

can any one help to get my money back or help to find the company.

Thanks

Jones

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

Site had decent results then things went south a few months ago and they dropped off the face of the earth and no refunds.

We have not received a comment or response from this company.

I was getting their free signals and made over USD 20,000 since the start of this year. Then I got the news last week that we have to pay for it and they were asking $99 per month. I was shocked and thought the amount should have be $999 per month. I e-mailed them to confirm and they said "yes just $99 to cover admin costs" This is by far and I mean BY FAR the best signal service on this planet and it is basically FREE!

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

I subscribed for a Quarter with SMS and paid $329 for 3 months of signals. I've paid nearly that much for only one month at another site and trades there were mostly losers. I am very happy with this company so 5 stars.

I think it best if I clarify some points from the last�post. First, the service is excellent and without doubt the best service I have tried, and that would be quite a few I might add :)

Anyhow, the memberships range from $99 to $129 if you need the alerts sent via SMS (handy for us Vodaphoner's in the UK). If you sign up and pay quarterly, the monthly fee is much less and are about $83 and $109 per month with SMS. It really is a nice service and even if you are new to forex, this would be a good way to participate in currency trading.

Link to the registration page:

http://www.fx-daytrader.com/forex_membership.php

It is true that the site is giving free signals. I advise all to take advantage of this. I asked for how much longer and was told it will only be a little bit longer for free and then a charge of between $99 and $499. I asked why the big difference and that they should help members to save by only charging $99. Hope fully you will read this and petition the chiefs to keep the future pricing low.

Great Service, Indicators are right on I have saved and made a killing with this service. Great customer service and quick response.

Forex Watchers is a quality introducing broker who provides attentive service for all knowledge levels of trading. From the camaraderie in trading in the chatroom, to live support for any kind of question, and to the knowledge and expertise of the owner - I've been extremely pleased with not only the signals but gains since joining!

Why would anyone join another forex signal service - I am a long time member and I could not ask for better, more profitable service - month, after month. Thanks mate.

The last 6 months have been chaos in the markets proving very hard to make any type of steady profit. Since the new team has taken over Profxi the prior sentence has proven false. To be able to gain a great ammount of knowledge while consistantly beating the market week in week out is a very rare thing these days. Profxi does just this. Every person joining a signal site is doing so to make money, Period. Since the new team has taken over this has happened as profits are as consistant as the Fed's printing money on their presses. To have a head trader take time out of his day to write such a precise daily update as the site Moderator does is well worth over the monthly subscription fee and a delightfull bonus. If you want to earn and learn,, Join profxi. 6 stars.

Well, this is a follow up post from my prior posting dated 12/01/2008, at that time I gave Profxi a 4 star rating, this was during the time Mod became new head trader. I gave a 4 star rating because, all the changes Mod made were positive, my trading became profitable (following his calls) and I have learned alot reading his updates and chatting in community room. In Dec. he called over 1,700 pips, I personally made over 3,000 pips during that time following his style of trading and slightly tailoring it to fit my risk appetite and account size. Profitable trading is consistant and I have now recovered loss from when Cisco was head trader. I am giving top rating of "5"

4 Stars Posted December 1, 2008

I have been with Profxi since May '08 till current (Dec. '08) When ProFxi was run by Cisco,,,,it was a complete disaster, a most horrible expeirence for me. New management took over in Oct. and everything has completely changed. The new header trader(Mod) along with team has been producing profitable trade calls consistently. I have been very pleased with changes. So far they have exceeded my expectations of turning the community into an enjoyable place to belong. I have been making profitable trades again and learning alot.

I'm using it too and it's pretty reliable .

Well winners are always good!!! Am anxious to get a trade off this year, hope that this year was as good as the site says, December is as advertised

I have been a subscriber to True FX Signals for two months. I would describe it as a set and forget intraday breakout system. It's really so simple to follow that even a monkey could do it. So far the system has been profitable to the tune of several hundred pips (it probably would have had more pips if I traded the crosses with the system) and the results have been accurately posted on the website. As with all breakout systems, it will have a series of fairly small losses before it catches a big move, so you need to be comfortable trading such a system. However, the signals are reasonably priced and it works great for me because my full time job demands approximately 60-70 hours per week of my time. Based on my two months with the service, Allan seems like a nice guy who has been responsive to my e-mails and I would recommend it to anybody who wants an easy system that so far has been profitable. I would also recommend using low leverage with this system. For now, 4 stars. I will re-post with a new rating if the service get bettor or worse.

All positive reviews of the new Profxi team are 100% accurate. I learn Cisco soon going to jail it is lies what post are saying of Cisco still at Profxi. We have a real head trader (Mr. Mod)who makes serious pips for subscribers every week. New Profxi team help me make back all loss from Cisco. Profxi is not a scam. From Mod takeover my account up 3000 pips in positive. How is this scam? I am making money and accounts flat on friday. If this is scam Iam happy to be in scam.

I promised an update from my husband and I. The ProFXI results page says it all. We have made back all of our loses from the Cisco era and we are making our first profits!!! 9.7% to the positive now! And watching Moderator take a $75,000 to $107,000+ in less than two weeks was rather inspiring!

To those posting negative feedback, you are just repeating things that have been said in the past. Judging by the success of the site you are not deterring anyone so you are just wasting your time. But if you have time to slander sites then you most likely have nothing better to do so please have at it. You can't hold back our success.

Thank you ProFXI, my husband and I shared a nice evening out at our favorite restaurant in Toronto thanks to your consistent analysis and profits. Bring it on 2009!!!

-Sara

We have not received a comment or response from this company.

On December 23, 2008 the site has a banner "Due to privacy laws of Switzerland this website had to be shut down."

I came across with this system through search engine and did some research on it. Bought their lifetime indicator eventually and had been using for about 3 months. True and honest results posted is something that put me for a try .I'm happy with the performance , have got over 300 pips for the past two months . So i think it deserves a 4stars .

Obviously Cisco and family are running the show behind the scenes. The thought of putting more money into his pocket just sickens me to the core. This man has a BMW in his garage, paid for by our subscriptions that only served to deplete our trading accounts.

Although everything is conveniently pinned on Cisco, everyone else on the team had to have known what was going on, with the outright lies, demo accounts, and meaningless promises. This includes your new head trader Moderator. Also note that his account was in big trouble, and he was not following Cisco. That account has conveniently been forgotten despite his promises to "trade his way out of it."

Success comes and goes with ProFXI. It's like the EUR/USD. Steady profits, and then a massive dump to wipe it all out. You will be happy for weeks, even months until the drawdown one day wipes you out. What will you get out of it? A one month refund on your subscription. Is it worth it? Or should you learn to trade for yourself, or at least put your faith into some honest people. Remember, with just 200 subscribers, ProFXI is making $480,000/year. They can afford to trade at break-even, or at a loss. Can you?

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

Felix's service from from not multitheir professional in the world! I long time am the client and I receive huge profit every month. Unique who "does not love" it.... It is Forex brokers which lose from for it money!!! Do not pay attention to lie about this remarkable person. I swear to you that the TRUTH!!!

Please read this. As someone who has been scammed out of thousands of dollars by this group, I would make all aware that you should not trade with these people. Not only has this group lost and scammed many many people with their previous business ( Reynier Management ) but they continue today under PRO FXI. They made terrible calls under their first business ( FX insights )which has been shut down but Francisco has taken Millions from investors and clients only to hide under Bankruptcy. He has been hiding all these business activities under others names to make himself invisible. He cant hide now so he has put the business under his sisters name Ida Arias Seijos. She was also involved in Reynier Management along with her husband Craig Seijos who was Director of Operations and Moderator, Dave Cohen, who was Chief Operating Officer, Ryan Woods Chief Financial Officer, Lee Stouch (Yeno) Head Trader/Risk Manager, and Melissa Arias, Cisco's wife. Understand this, they were all together in FXinsights and it failed and was shut down...also Reynier Management that failed and was shut down...Adieus Capital Advisors that also failed and was shut down. See the common thread? These people are scams with no moral values. They are out to take your money period! They had to say they fired Cisco because his name is finally exposed and in the public eye. They are running out of options but know that Cisco is very much behind the scenes collecting YOUR monthly fees. Please dont fall for this like many have in the past. All this can be proved. You can look up Francisco R Arias and Melissa Arias in the Tennessee Bankruptcy files for Nashville and the pending lawsuits he has even coming from Florida. They have moved back to Florida so please anyone in that area be aware! The Tennessee Attorney General is investigating all in this group as well as the Florida A.G.'s office and they will be brought to justice.

I am speechless with Mr Mod (David) he pull a miracle in market today trading E/U. Mr Mod is call +1741 E/U pips thus week !! In market and E/U he sees what we do not see, it can not explain. In history book will Mr Mod be written with Soros. The living legend we are greatful for. God bless Mr Mod long life to Profxi. I give 5 stars to Profxi.

super segnali operativi 100% garantito good 100% ++++++++++++++++++++100%++++++++++++++++++++

hanks fx-daytrader.com

i have to rate this site a 5, they don't do a lot of trades, which is true but if you don't make a 2% gain they don't charge you for another month and month over month they make money. this month looks to be a big month FINALLY, with already a 3% gain....

This is a good place to subscribe if you know how to chose a signals system. I see the ProfitsTrader system is very good, you can make thousands pips/month with this system.

This is the best signal service I have ever sign up for. More importantly they trade their own signals on a live account. I love this service.

Anyone thinking of joining the "New Profxi", please DO NOT; it is still a scam.

First of all, suddenly Ida, Cisco's sister, is the new owner. Come on, please, it is obviously Cisco doing all this. Either he is using his sister to do this, if in fact she does exist, or just her name to hide behind, either way, it's Cisco.

Also I contacted a couple of people I know that are still with profxi and they told me that these "856 pips" being advertised in the company's letter were not true, again a scam. To be fair to Profxi, they did tell me that profxi has made progress on some good calls, however, you are back to the root of the problem. They trade with no stop losses. You can have 99 trades for 20 pips each and one bad trade for -2000 pips, as it was the case, and you will go broke, plus the fee you've paid to the people that drove you into the ground. In fact, these guys tell me that Profxi's newly added usd/jpy trade call is often for just 10 pips and that they have gone into a drawdown of more than 200 pips on some of these calls. Are you willing to risk 200 pips to get 10.

So as you read this, you may wonder who to trust, after all, they are just opinions. Well, I encourage you to talk to profxi and ask them if it is true that they gave out multiple long (buy) trade calls back in August '08 when the euro was at 1.58 and 1.55. Obviously these are in huge 3000+ pip drawdowns which caused many people to loose thousands. Now look at their website now. Do you see that being disclosed? They are advertising 1400+ pips in profit. Can you ever trust anyone that hides the truth in this business. You are doomed if you do.

Please take you money somewhere else.

I also had a similiar experience like Hayden's. And all those signals I received turned out to be losers. Luckily I was only paper-trading. Chris was a good market commentator, so I give him one star. The last trade signal I got from him was a big loser and he advised hedging the position. By the time my subscription expired, the position went into a tailspin. Then strangely, his payment portal "refused" my renewal. I was left on my own with no instructions how to manage it. Luckily it was a demo trade. Chris never answered any of my emails.
Why was my renewal refused? I think it's the same old scam. Send out 1000 recommendations, Buy and Sell. 500 will be correct. Repeat the process and you will soon get some believers on board. Now instead of losing PayPal's support, it's better to refuse resubscriptions from those who lost so as not to risk receiving a flood of demands for "Money Back". After all, they had already pocketed the first subscription. How many of you had your renewals mysteriously refused?

just would like to make a note here about this site, i have been with profxi since the beginning. i realise and understand how things went wrong under cisco. it was tough time for many and not just at profxi.com

the site under mods direction since the decision to remove cisco has been fantastic, theres really no point me going on and on about how much the how great it is. ppl will find that out for themselves if they wanna try it for a month.

i just think 'mod' deserves great respect and congratulations for turning what was pretty much a sinking ship around and making his traders happy and content picking up pips consistently around the clock.

i also think some of the criticism on this thread has been a tad unfair even if i do understand the issues under the old management.

heres to everyones future success.

I do not write a lot of reviews but I feel this company is one of the few companies out there that is honest and fair. I highly recommend them. One thing people have to realize that all companies will go through a loosing streak. If their stats do not reflect that I would be leary of them.

they are not bad.. doing fine with them.. they are educational firm not brokerage i took courses with them. they dont give IBs.. they give classes as an financial academy.

I received only 3 signals until my subsecription was passed on to another company, which apparently took over from this one? It was a complete waste of money and I am certain their business does no longer exist.

Many publication from AceTrader but not valuable to refer to. They claimed their publication posted by reuters to institutional investors but it just means reuters provide service in term of "quantity" rather than "quality".

Why don't you take your money, shuve it in your ass and then flush it down the toilet, because that is exactly what will happen to you if you join these guys. The weapon is a piece of shit, and news trading no reputable broker will give you the fill that you require, you will always get filled at the top of the spike and your exits will be just as bad.

complete scam artists, he has an average of 4 losses for 1 trade so you do the math and tell me how in the world can you be profitable with these dicks! I am an expatriate working on an oil field over here and forex is my true passion and it was sad that i hooked up with these guys based on 5 star reveiws I read on forex peace army, even the forex peace army review site is a complet scam!

this is pure bullshit that on forexpeace army these guys are rated 5 stars, I was in the room for almost one year and had huge losses, I did some investigating and did you know that FOREX PEACE ARMY OWNS FOREX DIAMONDS, I tried to put a scam review in forex peace army which never got posted, this service is a total scam and you will never make money - that is why THEY NEVER REPORT PIPS, because they are all losers - stay away from these creeps

can't recommend them, there are better systems that you can find and I lost money with them, not happy at all

Totally useless, last month there was not even a single trade, why give signals if you don't have the balls to trade. I am not rating them a scam because November is free but what is the point really?

While the risk:reward ratio is great the problem is that you have to be active almost 24 hours a day, signals can come at any time so you have to be very active and I would only recommend them if you forex is your full time job. Otherwise the signals are good and profitable

Incredible, I have been with these day traders for one week and I have managed to make over 1000 pips. The day traders are extremely knowledgeable and obviously very good at what they do. The best thing is that it is free although I would be glad to pay even $1000 a month such is their service. Right now the whole thing is absolutely free so I must suggest it.

ProFXI Past:
I have been with ProFXI since the beginning and was one of the original 200+ members in there early days. The past months have surely been a roller coaster at this place. Drama, terrible trade calls, and many members hurting. My husband and I have watched our account go from $50k to $82k and then down to $38k. We, like many, were caught in the firestorm that was the scams of Cisco (previous head trader.) We have always followed Moderators calls and his analysis has proven the test of time thus far. Despite Cisco being fired and Moderator being promoted to head trader, we have stayed with this service. The PAST 4+ months have been very hard for us at ProFXI and some of the negative reviews here are certainly warranted, had I not kept a cool head I would probably have posted negatively about the site also and given them a rating of 3, strictly because of the value we place on Moderators analysis and the site's technology.

ProFXI Current:
Having subscribed to other services I like the feel that ProFXI has and I think the $200 a month is a bargain. You won't find any techs here and most traders are quiet. We are still wondering how the future will turn out for our account and our time at ProFXI. I can answer Ross J's question and say that ProFXI does have a 200 pip gaurantee. I think it is explained on their website, but the jist of it is that if they do not have 200pips in called trades closed for profits in the first 10 days you can get a full refund on your subscription. As for them meeting these goals, if has not been a problem. Since 10/24/08 they have called 860+ pips in closed trades and currently there are no open positions. We have made back some of our losses but our account is still below our deposit :-(. The future looks bright for this place, but I am afraid if there is any more instances of drama then we will no longer look to stay here. The stress from what was caused with Cisco was immeasurable. Remaining members are liking the changes although some have left. I hope I gave some good pointers. I or my husband will try and post another update in the next few weeks or month to keep you up to date.

*P.S. - side note - Moderator does an in-depth market update every day for the EUR/USD along with issuing levels for the EUR/USD which some in the community have mentioned as being worth the $200 a month alone. There are a live viewable trade log and two live viewable trade stations. FXInsights.com is gone and does not seem like it will be returning despite the rumors that have been surfacing.

Usin them for about 1 month. A lot of potential here. Free service; Too early for me to tell about profitability with their signals. Moderator is outstanding teacher, and uses traditional methods. Site has training sessions and trading sessions. Nice use of technology in trading and training rooms. You will learn to trade news, scalp, swing trades, and build a long term trade.

I have learned a lot from Jonah, the moderator, in the last month. I just think this was a difficult month for anyone to trade. He is conservative, and if trades go against you, he usually picks trades with tiny stop losses. Sometimes he advises to bail out of a trade before stop loss is hit because it is not showing what he expected. He does have quite a few winning trades as well as some losses, and the losses are "sensible." He is cautious.

My advice is to sign up for free signal. To be a premium member, there still is no fee, but you have to have an account with certain brokers; about 6 choices I believe. Take advantage of education, and trade conservatively. I think this site has great promise and potential

I can't really rate it as it stands now because I'm not currently a subscriber -- but, I do know some who are there and have stated that they have indeed been able to make their 200 pips within the alloted time. These are ppl who are honest and have been with the site since the beginning and are full-time traders. Obviously I can't predict the future, no one can, but to answer your question about the 200 pip guarantee - so far so good!

OK - I had to rate it in order to submit this so I rated it a 3 because it's in the middle - fwiw.

In trying to be fair, here is what I received (if I am allowed to post here):

Friday, October 31, 2008

Hello. I do not want to waste your time and I would like to get to the purpose of this email. As a prior member of ProFXI, the new Team here felt compelled to contact you as a courtesy to explain some changes we have made.

As the owner and president of ProFXI, I had to make a difficult decision to bring about changes that were needed for the good of our ProFXI traders. As you may know, Francisco (Cisco) no longer has a relationship or affiliation with ProFXI and we wish Cisco the best for the future. David (Mod) has been promoted to head EUR/USD trader in addition to heading our trader education. Ryan (Sebastian) was brought back to the Team as a trader and in a client services capacity. Brian (Lasek) was asked to join the new Team as head USD/JPY trader.

Our current member base requested a yen trader and after a year and a half of observing Brian's growth and maturity as a student of the markets and a winning yen trader, the Team felt this move would be in the best interest of the community and we are already seeing the fruits from his calls.

I realize you most likely left the ProFXI community with monetary losses in addition to a broken spirit after having had a negative experience. We do not deny there were issues, but we have now taken the necessary steps to resolve those issues. The lack of profitability and consistency had to come to an end and that is why I had to make the choices I did. Because the lack of consistent profitability is our first area of concern, the Team recently instituted a new 50 pip minimum daily goal. This goal has been consistently met and exceeded.

We have also instituted a new policy we feel is groundbreaking in the Forex industry: if within the first ten (10) trading days of each new month the ProFXI Teams does not deliver 200 or more pips worth of open and closed trades you are entitled to a 100% refund of your membership fee. Not a trade in drawdown, not an open trade, not a hedge trade; but a trade that is called by a member of the Team, reaches the profit target, and is closed for profit. There are no loopholes for the Team to get out of; they simply must perform.

Should the ProFXI Team fail to deliver on the guarantee and a member requests and receives the return of their membership fee, the member forfeits their membership with ProFXI for the remainder of that month. All refunds are made within one (1) business day and the full membership fee will be returned with no questions asked. We simply part ways as friends and if the trader would like to return to the community in the future, they are welcomed.

The new trade Team and I feel enthusiastic about the future and we are confident the community will be restored to profitability. If you have any questions or you would like to speak with me on any issues you feel need to be resolved I invite you to contact me at iaseijos@profxi.com. We wish you well in the future.

Yours truly,
Ida Arias-Seijos
Owner and President ProFXI LLC

I am not a member of the subscription service, but I did follow the method when it was free. My concern is how Oz reports his profits and losses - a lot of people have mentioned it and here is what Oz does from the man himself:


Re: Counting Monthly Pip Total
by OzFx on Fri Feb 29, 2008 10:33 am

The way I post pips is that I add/subtract the maximum pips you could have won/lost on a pair. If a trade makes +300 pips I don't add 50+100+150+200+300 = 800 pips. I only record 300. Same goes for losses.

My Reply:
Thanks for clarifying. Your way does skew the data a little because you scale out of profitable positions but not losses. For example if a trade makes it to +300 only 20% (1/5) of your original entry benefits from the full 300 pips. In a loss though, 100% of the original entry suffers from the full loss. Just something to think about. If you counted total pips from each lot this problem would be avoided and pip results would be more reflective of actual profits made, because each pip will be worth the same dollar value.

His Counter:
I see what you are saying. If I don the way you recommend then it will hard to compare with other system. We has this discussion in the past and we decided to stay with current solution. It is too late to change now.

However don't let me stop you from calculating the way you are recommending. Make sure you post such results for everyone to see


Here is an example of pips vs. equity:

You enter three trades with Oz - one loser for -100 and two winners that go to +100. By Oz's devious accounting methods, you would have made +100 pips. But what happens to your money? Let's take a closer look. We will assume a $10,000 account, so an entry of 5 mini lots ($1 per pip per lot), as per Oz's strategy. You scale out one lot every 50 pips of profit, and set the rest to breakeven.

Winner #1: ($1x50) + ($1x100) + ($3x0) = +$150
Winner #2: ($1x50) + ($1x100) + ($3x0) = +$150
Loser: ($5x100) = -$500

Total P/L: -$200

This is a classic example that happens over and over again. 100 pips of "profit" is actually a 2% loss of equity in your account. Are you looking to make fictitious pips or make real dollars? Ask yourself if you should be paying for signals from someone who is either deliberately misleading you with his highly misleading results or actually does not understand this basic principle of trading. Do some calculations on the actual ROI his trades are making and you see a much different story than "+400 pips this week, 93% winning trades." I recommend you stay away until he starts reporting results in ROI %, like any real trader would do.

Regardless of the actual success of the system, I rate this service a scam because of the phony reporting methods. If the system is actually a good one, Oz would have no problem reporting ROI results, but he refuses to do so because "it's too late to change." Perhaps he will change when he loses subscribers.

Does anyone have any information on the new management at ProFXI and how things are going there? Rumor was they called over 200 pips in their first week under new management. Anyone that can fill me in, that would be great. Also some info on their "gaurantee" that is supposedly "ground breaking in the FX market" would be cool to have confirmed. Thanks too all who can help me as from what i have learned this place was a mess under Francisco Arias (Cisco) and now is looking to turn around only charging traders if performance goals are reached???? Please help. Thanks :-)

Great profitable provider. Honest and consistent. Highly recomended.

great site, does not do a lot of trades, also since they did not do any trades the last 4 weeks, i will continue to get a free membership :)

We have not received a comment or response from this company.

Really good service. I have been with them for the last 4 months and i have been averaging 250-300 pips a month. They are really transparent and they report their returns on a clean basis (net of spreads). You can follow their signals via an MT4 platform they use which adds another all important layer of transparency. Definitely reccomended and its a nice change from dishonest or unprofitable providers.

Definitely a SCAM. Now the scamers just drafted a great plan to continue to charge $200.00 per member. Last week, Cisco was "removed" from the company, according to mod, basically fired. So, Cisco's account which was in deep draw down with $9,000 left in equity from like an 80K starting equity, will no longer be shown since it no longer exists. Next, as Cisco was leaving, he broke into mod's account and canceled all trades that were in deep draw down. As it turns out, this account was not mod's, it was a client of theirs being traded by mod. So now that account will no longer be shown either.MMMMMM, so these "great traders" were supposed to re-gain everything that was lost, now they no longer have to show anything as a result of the "unfortunate" events that took place. WHAT A SCAM. What a way to get out of this big mess while leaving people hanging for their financial lives. What a way to scam people.

Re, the post before this-- Why would you allow a rating for a different site on this page?

"I didn't use the subscription service" ..... this is a review area of the paid service. "but their free service fxinsights was excellent" then perhaps you would like to start a thread on the free site. "Dont know if its still up and running".... no, as of 10/22 it is shut down. "but its a shame to see some of the negative feedback on here because i think these guys are genuine".... it does not matter if they are genuine. The point is they have/had a fee paid site that was beyond just not good..... it was devastating to many that paid a fee for professional level trading. "but like many others the market moved against them in never before seen fashion and it looks like quite a few people have lost out".... yes, the Pro site is pretty responsible for many margin calls.
"My rating is for fxinsights"....... and ours is for ProFxi.

I hear ProFxi has gone through some leadership changes. Maybe they will deserve a better rating one day.

I didnt use the subscription service, but their free service fxinsights was excellent. Dont know if its still up and running but its a shame to see some of the negative feedback on here because i think these guys are genuine, but like many others the market moved against them in never before seen fashion and it looks like quite a few people have lost out.

My rating is for fxinsights.

And now it comes out that Mod's trade station was a managed account! What a thing to do to someone else's account. I was always presented/implied that it was his personal account.

Then there is the whole crazy scene that happened 10/22 in Pro site. Seems Cisco's sister owns the site. Maybe she finally realized her exposure for acting as principle (probably because of his bankruptcy- see public records) and decided it was time to actually take control. Too little too late I think.

I believe it was in late August/early September that the EUR/USD was dropping and they issued 4 buy calls in a row over a period of 1 to 2 weeks to their members which resulted in MCs for any in substantial positions. The only ones that could have survived the move were a few that hedged their positions but the losses were probably 50% or greater. Live screens were discontinued or changed to other screens so you could no longer follow their losing trades. Hard to believe there were actually a few "loyal" members actually endorsing the site after the losses sustained. Site was not organized well so people could not be referred to a FAQ area ... if you didn't know what you should know or you had too many questions you were shown the way out (ban or refund). Being in leveraged hedged positions for an extended period of time is going to bring down your equity but that didn't seem to be an issue ... supposedly a cost of doing business. I don't think these guys know how to handle a dynamic changing market and help their clients at the same time.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

i had been with them since the beginning.....they talk the talk but certainly don't walk the walk...i am also ashamed at how they treated some people who questioned anything...turned out these people were right...too bad Yeno and Seb left, they were the decent ones....i gave them a one star coz i didn't have the heart to rate them a scam...stay well clear if u value your money and soul..

I have been with them for about 2 weeks now,what srikes me most is thier excellent money management,which for me is the only key to making success in fx. They give very good trade signal and education too.

i am very ashamed to say but i lost huge with this service, like thousands of pips, you pay as you make but you never make and keep on losing, also i heard rob grespi has been fired from service and the service is in the process of shutting down, keep clear from these con men

Well said Jeremy. I no longer trust anything Mod says. He will say things like "the USD is fundamentally weak and I see no signs of recovery. However, I see no way the euro can gain on the USD." Obviously he will be correct on one statement and claim to be a genius. He certainly is not a good trader for the 14 hours he spends every day. It seems to me him and Cisco are living off the subscription fees, I see no way they can sustain trading for a living with their technique. I am doing far better than Mod is ever since I stopped following him, spending far less time in the process. A few trades per week is actually making me money, and I am flat by the end of the week instead of 75% of my equity being used up in drawdown that may never recover.

I am one of four partners of Echo FX. We strive to be an honest, transparent, and realistic Forex account manager. We shoot for realistic quarterly profit targets. We do not hype the realities of Forex but work to provide for our clients a framework where in they can accomplish strong long-term results. We provide regular updates via our client blog and hold weekly information webinars. I look forward to your comments and concerns.

I have to ask Victor this one question....IF "The moderator who controlled fxinsights was very knowledgable,he gave daily updates that were right on..he knows the fundamentals of the market better than most people and he only trades the eur/usd" then how is he in 50k draw down? Sounds like he can talk it good but can't trade? If he gets it so right on, what is he doing in these trades? And... will this same trade station be functioning when he and Cisco open their new site?

I feel very foolish and was ashamed to write this review because I lost a lot on this system and fell for the classic "scam" - what he does is say you open one lot of EUR/USD, stops are 100 pips but profits are 50 pips, great the first day I made 50 pips, then�Oz says you were supposed to open 5 lots so profits are 250 pips, this is fine. Next day went long USD/JPY same parameters and guess what we lose 100 pips multipy by 5 we lost 500 pips, but oz says we only lost 100 pips. What happened to the 5 lot principle,�Oz ignored my questions and says that one you were only supposed to open one lot. So he is saying winners count 5 lots but all losers only one lot? How I was decived,�I suggest�to avoid�this company.

While the previous review claims that they are honest, I have to dispute this claim. The system sends the pips calculation everyday to us and it is reported differently on the website. Apparently the website does not take into account the spreads and commissions, and when you subtract this from the trades, the system fails badly. The success to losers is like 10% and my account suffered as a result. I have reverted to some technical trading with better results.

they promised me free signals as long as they are losing, i was losing and then to get the updates they want to charge me 99 bucks, either give the signals for free or simply charge, you have to be alert 24 hours a day and must keep checking the updates, too much hassel and not enough profit, good luck.

Joined for 3 months and made 60 pips in total from them, so can't knock them for that, but nothing great and 60 pips while fair i would join some other forex service instead.

Please read the review on forex peace army and they were rated 5 stars, why? How so? I was in room for 5 months and lost money every month, most of the spike trades and after spike trades were losers, while sir pip did apologize for this how can you give 5 stars? makes no sense to me

CRAZY - CRAZY - CRAZY. I have a membership to ProFXI and subcribed to FXSWINGTRADERS because of its forex ratings I read online. Over the past couple of weeks Kumar has kept me on the right side of this impossible currency market. Trades I would have normally taken from ProFXI were skipped because I could not stomache the absurd variance in trading advice between the two services. I am bleeding in my equity portfolio (I own an ulcerous amount of FCX which I stupidly bought at $85 which I think is ridiculously cheap in the low $40's) and if I followed ProFXi's signals, I would have had a dd of approx $106,000! I offered Kumar $5000 as a bonus for his LIFE SAVING advice but he refused to take a dime. What a guy! Cisco (ProFXi) is such a as&^%le in comparison and I will stop subcribing to that group of�wanna-be traders.

I had been a member since it started..it was ok at the beginning then all went south..I think their program was for the euro trend to be up .When the euro started going down they could not handle the down trends and got everyone into draw downs and mc..I think cisco the ownwer of the site was not a good business person nor a good trader as the trend changed...The moderator who controlled fxinsights was very knowledgable,he gave daily updates that were right on..he knows the fundamentals of the market better than most people and he only trades the eur/usd..he taught everyone the importance of fundamentals , money management and price action..Its a shame the site is now down..I would like to follow MOD AGAIN..PERHAPS HE WILL START HIS SIGHT OVER..THE FXI SITE WAS FREE AND VERY IMFORMATIVE.
IAM SORRY TO SEE THE FREE SITE FXINSIGHTS GO ..

This site is a trap for innocent traders. it will cause you huge losses with their false signals. A couple of scam bags are very good at writing, but very stupid in signals and market understanding.

I have personally lost 35k when i followed their signals in good faith.

Words are not enough to describe how angry I'm

DEFINITELY A SCAM....PLEASE STAY AWAY FROM THIS SITE. For those that belonged to this site and survived, congrats, I did not survive it, I lost all my money. For those of us that lost all of our money, there will be better days ahead. Also, for those that were members, I got some news for you. I am still in touch with a current member of profxi and guess what bull Cisco and that idiot (central banker wanna be) MOD came up with on Sunday, they will come up with a new name and a new website. LOL. What a pair of scamers.
They can't bear these ratings so they will hide their performance by establishing a new company and a new site. I believe Cisco went on and blamed that "others are controlling him" there at profxi and that he wants to free himself from them. My friend said that he even threw Yeno under the bus and made some comments about Yeno. I think Yeno left the scamers because he was probably one of the few nice guys there and he felt bad about scamming people.
Anyways, don't pay these scams one penny, even if it was free, you would still loose.

This site is a complete scam. They butter you up at the free site (which provides some decent fundamental information) and then make sly comments about their "other site" to get people to join. A few diehard loyalists will lead people to profxi.com, and from there the journey to endless drawdown and negative equity begins. These guys will refuse to take a loss, even after 1000 pips of drawdown on each of several trades. I rate this site as a scam because you are not actually getting anything that is advertised. You're paying to see average/poor traders that can talk a good game losing day after day, week after week. As performance has gone down, they show less and less to reduce their transparency.

Chris is right, Moderator is the cockiest, most arrogant human being I have ever had the pleasure of dealing with. He will act like he is smarter than anyone else but Cisco. But how smart can he really be if he claims he's made profit on an account that is down in equity? I would rather pay money not to hear him talk than pay to hear his constant BS. Cisco is a nice guy until you question his trading, then he'll ban you from the room.

I'm glad to hear many people have realized their mistake and left, I hope this review will help some people by making them stay away. Save your money!

I feel the need to follow up post. I really appreciate ForexJustice providing this site. But I must say that I think it is important for everyone to do a search for other review sites to keep as many as possible from paying for a margin call.

I am aware of several more people that left this month. Several of these there since the beginning. Some have stayed thinking "the team" would show them how to recover from the devastating draw down they were in. They were very wrong. No improvement in Mod's position. Worse yet, the only pleasant team members are now gone. All that's left are Cisco and Mod.

I hear they have gone from 150+ to 60+ members since starting. I am thinking of buying the domain www.fxisurvivors.com for us to continue to be able to interact as most, if not all, of us are no longer in fxi free chat either. This has been a terrible experience for so many! Shameful trading method. Stay, Stay Away!!

We have not received a comment or response from this company.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

Hi my name is Allan. I along with others run True FX Signals. Let me tell you about True FX Signals. Our strategy has been traded for over a year so far with very positive results. We have been providing public fores signals since the summer. Our system has the potential to earn over +2000 pips in one month and more. So far this year we have made over 15,000 pips trading the signals that we send out to our customers everyday. On our performance page you can find trade by trade details about the trades that we have taken along with daily results. I will ask some of our customers to provide their feedback about our service on this website. Please visit True FX Signals today and feel free to ask any questions that you might have. Thank you.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

problem with this is the way the profit is calculated. If you trade 5 lots and make 100 pips then you have made 100 pips, the market only moved 100 pips so you cannot make more pips then the market moved but he likes to say that in a trade like that you would have made 500 pips
makes for good marketing but BS facts and VERY misleading to anyone new to forex.

I was a member at profxi for two months. In my first week there my account grew from $10k to $12k (+ 20%). Yay. Then the EURUSD took a nose dive. The team called several long entries and told all of use to hold our long trades into 1000+ pip drawdown. I got a margin call on my account and lost $10k on this service.

Perhaps the worst part is that they are rude and arrogant. Their moderator is the cockiest guy I have ever seen. He makes you feel stupid if you ask the most basic question. The leader (Cisco) seems to be a nice guy but I watched him get a margin call on his own account! I am not sure why anyone would pay a monthly fee to follow these guys. Glad I bailed when I did.

in forex it is equity that you look at correct??

I can have a balance of 150,000 but if my equity is only 20k then I only have 20k capital in that account that is liquid and can be traded or withdrawn correct?

ok look at the attached account

it started with 57k

it now has 33k with DD of 47K

a net LOSS of 24k roughly correct?? would you follow this person if you did not know the account holders name???? if you are honest with yourself and anyone else then the answer will be HELL NO. it really is simple

this is not someone you want to follow in trading and yes I would call that double talk when someone makes posts about not losing when in fact the account being traded HAS lost..correct??. There are many many people in forex that can talk the talk, many that can trade in forex also but not a lot that can talk and trade and that is what we have here.
When you get stuck on fundamentals alone or techs alone then you are in trouble.........this has been proven the past few weeks, fundis have said that the dollar "should" be in the weakest currency pair out there, where has it gone against every pair? it has gained strength. This is not chaos or crazy but market perception and global need.

many people lost many thousands, some tens of thousands of dollars following the "pro" fxi team

most of them cannot trade themselves so they join a signal service to help them. Now when you ARE PAYING SOMEONE TO TELL YOU WHEN TO TRADE then you are going to follow them. The signal service has a responsibility to the members in there, one is to trade responsible and do not make a call that they themselves do not take or would not take. Most did not blindly follow them for every call and most of them traded small lots and DID not overleverage, I have seen many accounts from traders in major trouble BUT when you let trades go into thousands of pips in DD, that is insane and plain stupid trading. These guys did not know better, they kept hearing its going back up, week after week as it fell further and no one from those that gave the calls gave them help.
When the euro was at 1.5400 to 5300 area there was an account that was roughtly 212K that was shown to the members where the trader was at that point 43% usable margin with some pretty heavy trades long as the main trader was adament that it was going UP not down and it was shown to let members know that yes he was going long as the belielf in the numbers was so strong. When the euro kept falling and all hell broke lose that account was never seen again or mentioned.

it is also to be noted that there has not been ONE TEAM call of the "over 90%" kind since the fall from glory.

I do not know what more you want from anyone in regards to the failaure of the service and lack of responsibility to the members that lost untold dollars.

They push it off on the members and belittle them to make them feel responsible for clicking taking NO responsibility for making BAD calls that resulted in those clicks the members took. Thats BS.

I expected to be bombed with hate letters from my email but only got one, the other 13 were thanking me for saying what no one else would at the time.

it is worth noting also that when the "meeting" to clear the air a few weeks later was called and Mod ask everyone who had made money and who had lost, everyone that responded said LOST. kinda took the wind out of a few sails right there and showed the members needed help.

I'll give mod credit for making some calls to try and help them in trouble but the problem is it should have been done quicker and a long time ago when the DD was hundreds of pips not after it became thousands.

the "calls" now are a % upstrength or down and problem with that is it moved 280+ pips in the OTHER direction right after the call one night, nothing more was posted about a change in direction as it was moving those 280+ pips.....BUT once it came back down and did finally hit the numbers posted a victory was calld for making a good profitable call. Now think about that!! If a "call" is made and most do not know if they are calls or not, and it does not hit target then nothing is said about a bad call or sorry or nothing, it is ignored.

there is nothing made up here is falsified in anyway, it can all be verified with other members and if they are honest with themselves and others they will have to admit that this is what has gone on in there.

they need to be shut down before they cost more people more money in bad calls...come on look at the atached chart and tell me that is GOOD trading??

A NET LOSS AS OF THAT CHART OF 24K AND 47K IN DD SOME THOUSANDS OF PIPS AGO. WOA

first introduced to this service on forex peace army and what a scam they are, i don't know if forex peace army is affliated with this company but the results are all bogus and obviously the guys who posted the review were definitely connected with this company - my warning to all of you - stay away from this company!!! when you see a website with only 2-3 reviews just be cautious as I lost my account with these con artists

I am a professional business guy who used to play the Dow Jones Industrials but got burned with stocks, too many�dishonesty in the business and found this site in November 2007 and have been a member ever since. This service is a very long term approach to forex trading, in an evironment when you have so many scalpers, day traders, momentum based investors, this service is a refreshing change. The service has its ups and downs, like for now we are�down on a long gbp/usd position but the funny thing is we are still up for the month! The service has made close to 1700 pips just in September so we can ride the downs�and in aggregatel the service is much more up. If you want trade signals every day or every hour I would not recommend this service. He only gives trading signals once a week but if you have a long term view and want to make pips on a monthly basis I would definitely join.� Since this service has so many 5 star reviews, I am not exactly giving you all a trade secret, but thought I would share my experience anyhow.

very excelent and satisfactory service. true and honest is best way to trade and make good money. thank you very much.

I can only echo what the folks here have already said. I have been with them for several months just looking for signs of something positive again.(At first their signals/trading was pretty good and somewhat profitable, but for the last 2-3 months have done nothing but tread water and lose equity.

And yes, never question anything or you will be chastised and/or ridiculed publicly.

I hear they are now raising their prices after losing half their members in one month alone. This is good, you better know how to trade very well if you join this site, and a higher price will keep more inexperienced traders far away. But again, if you know how to trade, why bother with these guys. They even lost half their 'team' in the last month, including guys that were helping people out of the huge mess created by losing, never say fail, signals.

On their website they say "To explain how our service works, think of it as if you are sitting right next to our trade team, peering over our shoulders and executing the same trading plan we are using.". Sure, they have screengrabs of a couple of accounts that haven't made any money, and only lost equity, one close to margin call, and another 50k down on a 80k account. The main traders calls aren't live, and you have to ask him where he stands on the account he is 'showing', which amounts to him saying he has so many longs/shorts, and updated every couple of days on a notepad. Hardly looking over anyones shoulder, or working ith anyone that is making any money.

Another part of the sales pitch-- "ProFxi is designed to allow traders from all levels of experience to substantially profit from the FOREX market."
This is entirely NOT true, you better know the game before you get there, or be prepared to be humiliated if you ask about a trade.

As of this writing the Results page on their website has not been updated for a couple of months, with good reason. No money being made.

I really had high hopes for this company, but I have never seen so much money lost and subscribers margin call. It is truly a shame.

I would suggest saving the subscription fee and just adding to your accounts equity, you will be much further ahead.

Yes, I pulled the trigger on all my trades, but I could have done that alone and lost money.

bad results over 6 months i subscribe the signal, account still draw down by 20%, this is still couple with money management, else even worst.

though it might not be a scam, but their trend trading strategy doesn't suitable with ranging market. Eventually they didn't even reply my email, and didn't keep their promise to provide free signal due to 2 months of consecutive losses. I got my money back by reporting to paypal to claim their overcharged subscription fee.

Disappointing.

Hi

I am not affiliated with this company (or any other), but I am taking my Sunday morning (is 8 AM here in Miami), to speak about this Group that changed my life.

My name is James and I am following Midnight Forex signals since past August. I would like to confirm the above positive comments. They are 100% honest an reliable. I am over 500 pips profit this month that was for sure very difficult to trade!!

Following their signals I changed 100% the way I trade, from losing and winning crazy, to steady winning, from losing my life in front of the charts trying to be smart and trying to be right, to enter the trades and forget about them!! It was not easy, but when you see the results coming, you better follow them.


James

It's not easy to follow their signals
Their set and forget are barely reached
I have being following their signals, there is a big gap between what they are showing and the real results. I have being testing their system for one month.
Sometime their orders are missed by 1 pip and are not executed. In their performance, they are considering some trade that did not get executed.I ll keep working on it and update. Also their services are billed in euro and made them more expensive.
It is also hard to get a hold of their customer services. The fact that they are located in Germany, it takes one to two days to get an answer.

I joined his forexdiamond once, but its not profitable as he claims. Educational? to me, not exactly, you learn nothing there. They don't teach me how to win in forex, but help to lose instead. Then I got invitation to his new Wpips.com, I was so stupid to join. Again, his scary -100 pips and -50 pips losses is more than his winnings. He hides all the performance so you can never know how well they trade.

I have been in this room for one week and have made over 100 pips, the guy Fabian only trades EUR/USD and has NOT HAD A LOSING TRADE!!! It is incredible and the good news is - its FREE!!! the service is free but Fabian might leave the room because he only gets 3-4 people and wants more support, he says he is wasting his time if only 4 people are in there making money, he wants to make 100 people money!! I am appealing to everyone to join this free service and enter the live trading room, otherwise my only source of income will disappear, please help me!! Go to www.fx-daytrader.com and register for free.

This is the best forex signal service I have ever seen. Boris and Kathy also work for respectable companies (FXCM and GFT). You mean the whole forex industry is a scam/gamble, but this is as profitable as forex has become for me. So far, I have not found the perfect forex signal, except for perhaps Secret News Weapon, where the most you stand to lose is the subscription fee.

WHAT AN ABSOLUTE MOCKERY!
As far as I am concerned, I was taught as your first defensive measure, always use STOPS in this game.
If you don't, then expect TROUBLE, and this is what has happened to the the majority of the Profxi Group.
After paying my first month's subscription, I'm not the worlds best trader, but I spotted the signs
within ONE Month of trading with them, so as a result I started adjusting my trading defensive skills back to what I was taught and continued trading 85% on my own merits.

How can a supposedly professional trading team allow a 1000 pip drawdown and not own up saying "Maybe we got it wrong guys". Protecting their so called perfect trading history of the past has led the team and their users into a false sense of security.

Even IF the Euro rally's back to the 5800's etc and the 1.6 as back in April, most of the traders will no doubt will have endured the pain too long and have to call it a day, many for good!

I have become very good friends with a few people in the group, and through various emails and stuff, I know the majority of the group are in serious financial trouble.I know it's up too the trader at the end of the day to decide his or her risk tolerance etc, but the profxi team does have a lot to answer for with the stupid reckless demonstration of their Money Management skills.

One person said in the group, that the group are like sheep and they need to hear the shepherds voice.Well, I think they are following the wrong shepherd's on this one, and my advise is: learn to trade for your self or NOT AT ALL!

This Industry is so full of Lying cheating devious people, I'm not saying the Pofxi team are that,
but the number one thing I've learnt in my three years is PROTECT YOUR ACCOUNT at all Cost.
It's YOUR Money!!!

I have tried the signals & they are pretty much accurate about their results. Their signals are profitable as they claim

I won't give it any scam rating becuase I managed to get 1/2 my money back after requesting a refund. Total scam artist otherwise, the signals aren't on cue and he wants you to open 5 positions for each trade, I simply don't have funds for this service, if you can secure close to 100,000 Aussies then you can risk this service.

Let me start by saying he only gets 2 stars because the guy is nice, otherwise the signals suck worse than my grandmas ass, there are better guys out there and sadly I lost my entire account!

total scam and I agree with dean, the only reason this was 5 stars on forex peace army is that forex diamonds owns that review site, what a total scam artist, the daily signals suck and a total piece of shxxxt, I don't mean to be crass but stay away and don't trust his marketing, you will lose money on all his services. I tried to post this exact review on their site and was never posted, the truth hurts I guess.

Forex diamonds is a bad signal service and Felix real name Dimitry Chavkerov is a liar and has been caught in many lies he Is very dishonest, he uses forex peace army to pedal his failed forex diamonds signals. Which I lost about 3k following. I sent review and it was never posted, he edits anything negative about him on that review site, a Google search of his name will show he is corrupt and a scammer. He shows up on the American FBI site �€œfor bad people and criminals�€ and Rob Grespi is nothing more than a FAKE movie actor , that pretends to be this great trader he is nothing more than a conman just like Mr. Dimitry Chavkerov and his stupid Russian girlfriend can't wait till that stupid bitch get deported out of America SHE Has a felony record ! Online scum bags!

He says people are picking on him! Well maybe because he is a FRAUD! The forex community is very small he has nowhere to hide any more.
I lost money from his www.wpips.com site and from my 3 month subscription to www.forexdiamonds.com He has also started a NEW FRAUDULENT FOREX SIGNAL SITE CALLED! www.RiseForex.com FRESH NEW LOOK SAME SCAM ARTIST !

I'm participating in an ongoing investigation with the FEDS wire fraud carries a 20 year federal sentence!

Youtube Video showing Rob Grespi in a stupid old b movie he is nothing but a fake actor!
http://www.youtube.com/watch?v=QNVar7HFAT4

Forex diamonds is a bad signal service and Felix real name Dimitry Chavkerov is a liar and has been caught in many lies he Is very dishonest, he uses forex peace army to pedal his failed forex diamonds signals. Which I lost about 3k following. I sent review and it was never posted, he edits anything negative about him on that review site, a Google search of his name will show he is corrupt and a scammer. He shows up on the American FBI site for bad people and criminal's and Rob Grespi is nothing more than a FAKE movie actor , that pretends to be this great trader he is nothing more than a conman just like Mr. Dimitry Chavkerov and his stupid Russian girlfriend can't wait till that stupid bitch get deported out of America SHE Has a felony record ! Online scum bags!

He says people are picking on him! Well maybe because he is a FRAUD! The forex community is very small he has nowhere to hide any more.
I lost money from his www.wpips.com site and from my 3 month subscription to www.forexdiamonds.com He has also started a NEW FRAUDULENT FOREX SIGNAL SITE CALLED! www.RiseForex.com  FRESH NEW LOOK SAME SCAM ARTIST !

I'm participating in an ongoing investigation with the FEDS wire fraud carries a 20 year federal sentence!

Youtube Video showing Rob Grespi in a stupid old b movie he is nothing but a fake actor!
http://www.youtube.com/watch?v=QNVar7HFAT4

Crappy! Joined because of their reputation as GREAT traders. Must be self perpetuated! Margin calls. Nasty attitude. Blackballed or banned if you are not compliant to their every whim. Multiple traders... one going long when another goes short. Hedged to the hilt rather than take a loss. Trade stations and their balances come and go. Then suddenly a new account is up and running... and probably a demo that they will deny... unless you got a screen shot one of the times that the FXCM Demo Account pop up showed....lol. He publicly destroyed someone that suggested they might be trading a demo. Don't know if she ever came back. I wouldn't have. Arrogant. I think they are making more money on the subscriptions than they are from trading those huge "accounts." I wonder how their managed accounts are doing with this 1000 pip move against them.

Ace is a little off on "Moderator's" account. His Balance is around 80k, his draw down is 50+k. How's that for "trading?"

They will tell you that you just don't understand their money management and style. I would like to have seen some of either.

Go in at your own risk. And be ready for what another review I saw referred to as the "cult" behaviour in there. You are either "in" or "out" ..... and I am liking being back out!

I joined this service in July. I made +570 pips in July and +460 in August. I strongly recommend this service to people interested in a profitable daily signals (no chart/platform watching). They send the signal every day by email around 12.30 AM US Est, we took the trades and come back next night!!

Absolutely horrible, none of their promises have been delivered. They will brag about a 90%+ winning rate and this is true because they refuse to take a loss and instead ride trades out into eternal drawdown. As I write this there are several long calls in the 1.5800 area on the EUR/USD still being held, totaling well over 7000 pips of drawdown if all calls were taken. This completely wipes out every single profitable trade they have called over several months. If you want to have over half your equity constantly tied up while buying at highs and selling at lows, then by all means join. If you want to actually make profit, stay away. Of course a few shorts were called at 1.60 and 1.59, but they were closed for just a few pips, and the ones they say they have open are conveniently not shown to us. All their tales of great success have never been demonstrated or proven live.

"Moderator" from profxi tried to argue with me that he has made profit on his account that started at 57k and now has an equity of 53k. Someone who doesn't understand a basic principle such as this has no business charging other people to watch him trade. He is also very proud of the fact that his account is alive after the 1000+ pip drop made by the EUR/USD. I must say I'm very happy for him, but when I pay money to join a signal provider, I expect to MAKE MONEY from big moves, not be pleased that my account didn't margin call.

I joined this site to watch the head trader (Cisco) trade and put up his trade station for 100% transparency and for all to see. Well, he has crapped out twice in under two months and now has taken down his trade station and is away from the chat for several days at a time "running numbers." He makes up hundreds of reasons why he's not showing his trades with full transparency, but I believe it comes down to the fact that if he does, he will expose himself as incompetent or at the very best, an average trader who is making far more money off his subscriptions than off his actual trades.

Any questions I ask about their trades and their transparency are met with evasive answers or downright lies, followed by a ban from the chat. It's the end of August, so they called a Q&A session where they promised there would be no repercussions. The mere fact that they have to make this promise shows how scared people are to ask questions and speaks volumes about the amount of stuff they are covering up. The questions were just glazed over and promises of new and improved services were made in order to keep people subscribed.

Bottom line - take your hard earned money elsewhere, or learn how to trade for yourself using the numerous free resources available.

I got an invite to join this new forex day trading site. At first I was hesitant but I must say that this site has some real potential. Full trading is going to begin September 1st and I am looking forward to it. Registration/membership is�free as they are waiving the $300 monthly fee's. I thought that they would ask me for my credit card number, but surprisingly they didn't ask for a thing. Ahh, a refreshing change. I really like the small number of people in the live chat room because of the close contact between the trader and myself. Perhaps I shouldn't be posting this review because then maybe it will get too crowded! Bottom Line - finally a no-strings attached service with a genuine trial period. If the trading is good for September I will try and see if I can have this updated - hey, who knows, free may not mean profits, right! If trading is good - I am glad to pay handsomely any site for positive pips.

If you type in Dimitry Chavkerov in any news provider site, you will see that the guys throwing dirt on felix are liers. THERE IS NOTHING ANYWHERE except the websites Ahmed or what this "oh, i lost 65k in a managed account with Felix" this ahmed bullshit.. seriously look for your self, and if the website isn't real news, you know what that means. come on people.

We have not received a comment or response from this company.

We have not received a comment or response from this company.

I have used them for about 2 weeks now and I feel that they are a good service. I have made around 200
pips a week... I dont have full access because I am not a member but they have a promo going on right
now until the end of Aug. They post their trades on the home page at 6 GMT. I might subscribe after the promo.

Let me start by saying the guy Alan�is�so full of b.s�and he must be associated with Felix Homogratus (aka Dmitri Chavkerov). I belive Ahmad because I lost 20k myself following his useless crap signals. Felix just wants your e-mail so he can spam you and sell your e-mail to other forex companies. If you don't belive me just read this:http://www.talkgold.com/forum/r107900-.html

a shit trader, with shitter signals, was refereed to site by member of secret forex society then someone tell me felix associated with this site, i demand refund and they send me, that is why i give one star

I joined on July 26 of this year after holding so many long eur/usd positions, I started losing money and then was referred to this signal provider by a friend. Kumar told me to exit all longs as he was USD bullish and what a fabulous call. I reversed covered my losses and still up over 400 pips. Just his daily commentary is worth the subscription fee, the signals are a bonus!