EASYTRADING.Biz - Managed Accounts Review

Have you used this broker? Send us your review and be featured on this website!

EasyTrading.Biz is another Forex account management company run by Aden Rusfeldt. He has two websites running under his supervision, namely EasyTrading and currencyrobot.com. He also sells (or used to) his Forex home study course that had quite some success amongst traders.

However, in regards to his managed accounts, things were little different. Before we go further, you should always remember that managed accounts carry a considerable amount of risk. If your money is managed wrongly, this could potentially destroy you financially and send you back to square one (well more like square minus)!

Many Money account managers operate with pure immunity. This is to protect them in the event they lose all of your money. How convenient for them! Ask yourself if you really want to take such a risk?

If you find it safe to open a managed account, you may want to make sure the company you are dealing with is credible and abide to the rules and regulation of the industry.

In regards to Aden’s managed fund, he claims his managed account is highly profitable but by the reviews around the net, he lost more money that he ever made. You will come across a lot of unhappy customers of EasyTrading.biz where some lost in excess of $20,000 in less than a couple of months.

Beside all this, in March of 2008, the Rusfeldt Investment LLP run by Aden Rusfeldt had to face the US District Court of the Southern district of Texas. Here is a link to the alleged fraud that Aden and his company was involved in http://www.cftc.gov/newsroom/enforcementpressreleases/2008/pr5475-08.html

This is a classical case study that shows you how the net, at the end of the day is full of scam artists that will do anything to make some cash at your detriment. Always do your homework before getting involved with a company managing your money. Get the maximum information and don’t be afraid of asking questions, the more you’ll ask the more you will know and another tip is to always keep a copy of the conversations or emails you’ve exchanged with them. That may get you out of some uncanny situations.

Happy trading.

Top of: EasyTrading .biz Page

Back to: Forex Scams Page

Back to: Forex Trading Domain Homepage