Forex Global Solutions, Inc managed accounts | Forex Factory

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Forex Global Solutions, Inc managed accounts

  • #1
  • First Post: Oct 15, 2011 2:04am Oct 15, 2011 2:04am
Hey. Anyone here looked at Forex Global Solutions, Inc?
http://www.forexglobalsolutions.com/Home.aspx
They have been sending me emails (As I requested) with their results and they are also on their site.
I am always skeptical about returns like this, month after month (average about 10% a month). And I suspect they are an introducing broker, so when you put your 10k into your broker account, they make money on the trades as they slowly loose your money.
Be good if I am wrong. Help anyone? I have not had any success goggling them.
Thanks.
  • #2
  • Nov 8, 2011 11:29pm Nov 8, 2011 11:29pm
This is a bit crazy guys. I just wanted to find out if these managed account guys are a scam or not. If I can't use the experts and knowledge of the guys that use Forex factory whats the good of the forum?

Anyways, as an update, I emailed them the following email on Nov 5th, to which I have had no reply. They ave gone silent. Sounds like a scam.

"Hi. Thanks for the update. The returns are good... if they are real. Forgive me but there are a great many scams out there. For example, since you are an introducing broker is easy to show unproven returns and attract a steady stream of clients of which you can make money from if there account grows or fails. What proof can you provide that you have generated the returns you claim? I am interested in a managed account for $10,000.
Regards,
...... "
  • #3
  • Feb 7, 2012 9:36am Feb 7, 2012 9:36am
Quoting EventHorizon
... For example, since you are an introducing broker is easy to show unproven returns ..."
What exactly do you mean by that? Do you think that an Introducing Broker can show anybody's statement whatsoever just to attract clients or what? If this is what you think then excuse me it's just not true.

However I do admit that finding a good forex managed program is becoming a challenge nowadays.

In my humble opinion however, if a trader shows you performance on real money account for some reasonable time period then chances are that you've found a good trader for your money.
  • #4
  • Mar 1, 2012 5:14pm Mar 1, 2012 5:14pm
I will manage your account...I am providing my clients in average 20-25 % of a profit on monthly basis...also I am ready to offer you a contract that in case of a loss I will repay your initial deposit up to 10 k!

Take care,

Forex Protrader
  • #5
  • Mar 1, 2012 11:49pm Mar 1, 2012 11:49pm
Quoting TrendsFX
What exactly do you mean by that? Do you think that an Introducing Broker can show anybody's statement whatsoever just to attract clients or what? If this is what you think then excuse me it's just not true.

However I do admit that finding a good forex managed program is becoming a challenge nowadays.

In my humble opinion however, if a trader shows you performance on real money account for some reasonable time period then chances are that you've found a good trader for your money.

I mean they can fabricate a statement. The statements I recieved I could have made on my laptop. What sort of proof of trading results would be acceptable?
  • #6
  • Mar 2, 2012 11:30am Mar 2, 2012 11:30am
I do I get more info on your managed accounts?
  • #7
  • Mar 2, 2012 3:35pm Mar 2, 2012 3:35pm
Quoting hondosurfer
I do I get more info on your managed accounts?
Hi!I can send you statements for a start...also we can discuss more about managed account...what strategy I use,what % of a profit we are chasing,etc...maybe email conversation?

Take care and regards,

FX Protrader
  • #8
  • Mar 14, 2012 11:14am Mar 14, 2012 11:14am

FX Protrader are you able to get in touch with me to discuss managed accounts you can handle.
Thanks.

  • #9
  • Mar 20, 2012 4:45am Mar 20, 2012 4:45am
Quoting albundy

FX Protrader are you able to get in touch with me to discuss managed accounts you can handle.
Thanks.

You can write to me at [email protected]....I cant send you messages here.Take care and regards
  • #10
  • Apr 17, 2012 7:41pm Apr 17, 2012 7:41pm
Gentlemen,

I appreciate everyones interest in our company. I wanted to make myself available here in the forum to answer any questions directly that the members have.

EventHorizon; in response to your message we do have statements to validate the returns. Also, the returns advertised do include the volume commissions however they do not include the 25% performance fee or the 2% AUM Fee.

If anyone has any other questions; please reply to this post or feel free to contact me directly. I have included my contact info below.

Thanks everyone and I look forward to your replies.

Regards,

Joshua Kershner
Forex Global Solutions
[email protected]
Direct: +1 561 807 1969 Ext 103
Skype: Josh.Kershner
www.ForexGlobalSolutions.com
  • #11
  • Aug 16, 2012 8:55am Aug 16, 2012 8:55am
I am an individual money manager trading the forex markets...you can check my personal website for more details. Also have live statements for full disclosure and transparency......

http://www.iceberginvestments.com
Move Money !!!
  • #12
  • Aug 17, 2012 1:34am Aug 17, 2012 1:34am
Quoting FGSManagedFX
Gentlemen,

I appreciate everyones interest in our company. I wanted to make myself available here in the forum to answer any questions directly that the members have.

EventHorizon; in response to your message we do have statements to validate the returns. Also, the returns advertised do include the volume commissions however they do not include the 25% performance fee or the 2% AUM Fee.

If anyone has any other questions; please reply to this post or feel free to contact me directly. I have included my contact info below.

Thanks everyone...
You would get business if you did not take volume commissions, which means you would make money even while loosing the clients money. It is a way of getting money out of a clients account. If you were confident in your trading you would just charge a commission for profits made. Simple.
  • #13
  • Last Post: Jul 20, 2013 12:59pm Jul 20, 2013 12:59pm
Quoting EventHorizon
Hey. Anyone here looked at Forex Global Solutions, Inc? http://www.forexglobalsolutions.com/Home.aspx They have been sending me emails (As I requested) with their results and they are also on their site. I am always skeptical about returns like this, month after month (average about 10% a month). And I suspect they are an introducing broker, so when you put your 10k into your broker account, they make money on the trades as they slowly loose your money. Be good if I am wrong. Help anyone? I have not had any success goggling them. Thanks....

I know this is an old thread, but saw this and thought it would be relevant to the original post, article is dated April 2013:

http://www.cftc.gov/PressRoom/PressReleases/pr6561-13

Quote
"Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Barry Sendach of Boca Raton, Fla., Joshua Kershner of Boynton Beach, Fla., and their Boca Raton-based companies, Forex Global Solutions Inc. and Forex Global Solutions Ltd. (together, Forex Global), for fraudulently soliciting customers to trade foreign currency (forex) and violating CFTC registration requirements. The Order requires Forex Global, Sendach, and Kershner, jointly and severally, to pay a $750,000 civil monetary...
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