Hi people,
I came across a forex broker website who manages client trading account and promises a return of 10% on the initial capital money (1000-2000$) consistently for every month.
I went to their nearby branch around in the city I live in and they seem to have 4years of experience in the business
Can you provide you insights is it ok to open a manage trading account with the broker and what factors should I consider before investing my money with them .
I recommend trying to manage your own funds , instead of relying on other people managing it. There are some legit account managers out there, but most stories I’ve heard end very bad
What broker are you talking about. I don’t think it is the broker. Maybe it is a PAMM system that the broker have.
Most of these experiences dont turn out really well. Majority of cases are scams. Better would be to trade yourself and get full control of your account.
Don’t let someone else trade for you. Take control of your profits!!!
I think that is how you know it is an unrealistic plan. No one can be that consistent. For a rookie, you will be lucky if you don’t blow the whole money within one month.
There is nothing like 100% in Forex; so how they can guarantee on this return? Think once again!
