www.iforextraders.com %176,163 in 7 days

Hi All,

I have been looking for a good forex signals site and found this www.iforextraders.com

If anybody has any experience with them kindly share.

Have a good day.

Hi, Balmfx


I have taken a look at their website and there are a number of red flags(certainly for me anyway):

1) The results are on a demo account - def a red flag, if someone does not have at least 12 months on a live account record then there is a real risk to your cash

2) Huge % gain in short space of time - this is not realistic but is designed to get people to sign up. Professional traders all over the world don't produce these returns so these people certainly won't be able to!

3) In the FAQ section: claim their signals are an EA then also say trades made by manual trader!

4) Question of drawdown not answered in any detail

And the list goes on......................................

I don't wish to rain on your parade but there is a group of us on here trying to keep people away from the sharks! Please read the Hall of shame - managed accounts thread ( IForex also offer a managed account too).
Obviously it is your money and your decision......if I can help in any way, please let me know.

MT