FXCM blows up managed accounts

Discussion in 'Forex Brokers' started by oraclewizard77, Jan 3, 2009.

Did FXCM blow out these accounts on purpose?

Poll closed Jan 6, 2009.
  1. Yes, once the account was large enough

    3 vote(s)
    12.5%
  2. No, they just can't trade.

    16 vote(s)
    66.7%
  3. They are a bad forex broker too.

    5 vote(s)
    20.8%
  4. However they are a good forex broker.

    0 vote(s)
    0.0%
  1. talknet

    talknet

    4 months back, I had a discussion with a "Big player" and he said to me "We are the ones who move the markets". This "Big Player" is from Saudi Arabia. He has business contacts with Prince of Saudi Arabia.

    He earns 40% profit per month consistently. That would be 500% per year and for many years. Now he is involved in a business deal worth $100 million (not forex)
     
    #21     Jan 13, 2009
  2. ScapGF

    ScapGF

    Maybe I am not making sense to you. Do you even know what $100k turns into with 40% returns per month after 3 years?

    Take a guess...
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    $18.2 BILLION


    Sorry, but I am not impressed with the $100m deal given this fact.
     
    #22     Jan 13, 2009
  3. talknet

    talknet

    He does not compound his profits and withdraws profit every month.

    40% per month for $100 million is $500 million per year. That would be $5 Billion in 10 years.
     
    #23     Jan 19, 2009
  4. ScapGF

    ScapGF

    Bwaaaaaahahahahahahahahahahhahahahahahahaaha
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    breathe.......
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    hahahahahahahahahah



    Ok buddy.
     
    #24     Jan 21, 2009
  5. JB3

    JB3

    A monkey can trade better than the FXCM managed accounts. I don't even know why they offer paid training courses...especially with that kind of returns.
     
    #25     Jan 29, 2009
  6. casioboy

    casioboy

    run this by me again?

    Where's the "blow up"? You expect a method to make money every month/year? Not saying it is good but it is NOT a BLOW UP is it?


    Hmmmmmm.........not suprised with knowledge ehre these days:
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    4%, 20%, 10% drawdowns are blow ups?
     
    #26     Feb 5, 2009
  7. casioboy

    casioboy

    Oh f*** off! ROFL. LOL

    Yeah sure you do Walter Mitty.

    I know somene, who is freinds with who knows The Queen of England

    Grow up..... LOL

    give me name.....go on. Oh yeah you can't. He will behead you if he even suspects you have mentioned his dealings.

    ---------------------------------------------------------------------

    4 months back, I had a discussion with a "Big player" and he said to me "We are the ones who move the markets". This "Big Player" is from Saudi Arabia. He has business contacts with Prince of Saudi Arabia.

    He earns 40% profit per month consistently. That would be 500% per year and for many years. Now he is involved in a business deal worth $100 million (not forex)
     
    #27     Feb 5, 2009
  8. casioboy

    casioboy

    Who is this then? Name them...why not? Should get loads of bizz.

    If someone got me 176% return I'd want to know how much risk they are taking. Big retunrs wil lmean big losses one day you can count on that.

    Anyhow name this broker and we'l leven tell them you recommended them...........can you?

    (hmmm excuse,excsue,excuse..)

    How is 2009 so far? How as 2007?
    ----------------------------------------------------------------------------------

    Honestly speaking I do not have to, because my Forex Manager/Broker has paid profit of +176% for Year 2008
     
    #28     Feb 5, 2009



  9. Welcome back scammer Talknet with your new alias !!

    Only 40%/month ? LOL
     
    #29     Feb 5, 2009
  10. Any FDM that doesnt offset 100% of their trades makes more money when you lose money.

    If I make more money when you lose and I have 3 choices which am i going to choose?

    a) offer a managed account program that makes money for my clients
    b) offer a managed account that loses money for my clients
    c) don't offer any managed accounts

    hint: the answer is NOT a)
     
    #30     Feb 5, 2009