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I tried Forexautomoney one month using a free FXCM board with 5000$ (virtual). I used the daily trading each business day, with stop and limit. After 3 weeks, 4800$ gone in smoke.
I think the system is not good. To unsubscribe, go to "Support", go to section "Billing" then "click "How can I cancel my membership ?". click "Terms of use". In this page go to "Payments" and click "Membership cancellation page". At the bottom page, there is a selection, choice the unsubscribe formula and click. There will be other pages. repeat your selection and after 24h, click bank will send you a confirmation mail you are unsubscribe. |
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4 million pips last year? Even with 18 pairs the math does not add up. Impossible to gain 4 million pips in a year, .
18 pairs times 300 pips a day equals 5,400 pips. 5,400 pips a day times 5 days (one week) equals 27,000 pips a week. 27,00 pips a week times 52 weeks (one year) equals 1 million four hundred and 4 thousand pips for the whole year. Many currencies do not even move 300 pips a day on average. The math above does not include losses, it does not add up! Someone please call the NFA!!!!!! |
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Thank you one and all for posting your unfortunate experiences with forexautomoney.
has any of you contacted you better business bureau or the Federal equivalant? it would do good to see people and organizations like this removed and prosecuted. they can be traked by their IP address. |
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