₦airaland Forum

ifeanyija:
you mean the broker regulated your company?

If you are setting up your forex fund management company under a government licensed, regulated, monitored and audited broker, you are covered by that broker's regulation

Fxmanager:
If you are setting up your forex fund management company under a government licensed, regulated, monitored and audited broker, you are covered by that broker's regulation

where is the evidence u are using the broker and evidence they are regulated.

eezeribe:
I just received my 5th alert from MBA.. I am a Lagos investor, Lekki precisely.

atleast u confessed. Some Lagos payees here have received but won't talk.
Let MBAFOREX pull a crash-stunt and you'll see them in droves

mtinfx:

It's not unappealing for billionaires
And mega hedge funds that know what real trading involves
And not some mba forex trained students who think anything below 30% is failure

Anyway here is one
Well the 2nd largest hedge fund in the world does around 40% per annum after fees
And it manages 68 Billion dollars
They are up 24% oh this year and they see it as a fantastic year so far but but 5% a month is failure according to a novice

With the best traders in the world and well regulated by the SEC in the United States (not beans)
Common naija own mba still dey fall hands, Maxwell should have even settled them to avoid such.

if they pop up on any bad list they would crash like aeroplane

Fx trading is not for small capital
A poll in forexfactory the largest fx forum voted 10kusd ss the best capital to have some edge in trading

So if you have 10kusd and see 5 to 10 percent a month
It's still okay

So if you ever leave what your doing and dream of 30 percent a month and dont see it. Those who pushed will be nowhere to be seen by then and you will lose both sides.

In this business you train yourself and read the truth
Anyone who sells what is too good to be true to you run

If MBA could make 30% a month they wont be looking for 1000usd
My advice for you
Avoid hearsay and dream sellers
Sit down and learn swing trading ( youtube)
It will deliver you slow and steady returns
You can visit forexstrategiesresources com and also research more it has all the tools you need
To make it as a trader you will need yo have a good risk to reward ratio which will tame your greed and avoid the psychological stress. If you cant control the above just avoid the markets. Dont go near it.
Once you develop your skills , start a small account t and treat it very seriously, it might be the key to your getting a high break in the trading world. Keep decent trading records and watch money chase you
2 nairalanders have been head hunted before to trade in Europe, I prop trade for firms outside nigeria and I am a full time trader never looked for a job after university, got married from trading and done lots of real estate with it.

I look up to billionaire traders on wall street with decades of trading experience and not a paid tutor in some investment scheme

Their type sold lies to thousands of nigerias in the fx seminar era and today they ended up licking wounds while they cashed out with training fees and investors cash

Whenever I read certain conclusions here by people who know nothing I step Into correct the joke
Before you end up burning

This is stock market not forex market. Stock market is even better. If you know what a company is doing right you can invest in them. Like Tesla we all know will skyrocket in the future when we start running low on energy sources we have now and everyone starts shifting towards renewable energy. Stock market is much better. If they traded forex they probably wont even be close to that 40% per annum. Forex is unpredictable as hell.

MBA must truly be a magician.

If anyone thinks 5% a month is not encouraging then you have been listening to too many scammers online and you either need to stay away from forex or get the right information and lower your expectations or you will find yourself homeless very fast.

triplec93:
Good day bro, pls I would need your take on this, I intend enrolling in mba institute soonest, but I have done some research online, some fx people claim that with proper risk management successful traders can only make 3_5 percent profit every month, that sounds too unappealing, pls as a trader is that true or can it be more with proper risk management. Pls I would need your feedback, because I need to get out of what I am doing now to improve my future.

Let me save you your money with 1 simple question.

If MBA was making 30% a month or even 15%. Why would they go through all that stress with Nigerians and complaints from people every single day, why would they waste money on different buildings and pay staffs ?

Surely the sensible thing to do here is to go the and take a huge loan only returning less than 20% per year on the interest. They would be able to pay off the loan in 6 months (4 months if you go by your 30% expectation) and then they can enjoy their 15% profit every month forever right ?

Surely they have gotten enough money now, why not return everyone's capital to them since they have already tripled it and then they don't have to share their profit with anyone anymore ? That's what I would do.

But they can't. Because nobody makes that much profit.

I made 50 bucks today scalping oil because when I woke up I saw the news and knew it was going to crash more. That's almost 20k in few hours.

Should I go around shouting that I'm a forex trader and I can make 20 thousand naira every day? I can make 100k every week and 400k every month ? If I can't make 400k then I'm not a successful trader ?

That's silly because I made 50 bucks today and I'll lose $200 bucks tomorrow or even $500. I made 20k today and I could lose 70k tomorrow. That's how forex works. It's very easy to lose. So don't let people deceive you that they will pay you 15% every month.

Unless MBA are drug dealers and using your money to push drugs.

Joeyburton:
Young man there is a big difference between risk and stupidity. Throwing money around everywhere in the name of 10% per month. Look below in the photo and tell me what you see ? 3-7% a month right ? You could make 14% in a particular month as a good trader but the next month you will probably not get anything close to 4%. Sometimes -2%, (you lose money) the best forex hedge funds make around 20% yearly if they are lucky. These are people who trade billions of dollars. You think MBA is a magician that makes 30% every month and gives you 15% ? Even if they do, so you're telling me they have never lost money before ? If they are that good then the whole world would put their money in there, even Warren buffet will dump his billions there for 15% a month, hedge funds will fire all their traders and workers and dump their billions with MBA, heck even for 2% a month all the billionaires in the world will come and worship MBA.

Use your brains, nobody is hating, some things are just common sense. Africans and greed. Guess that's why our policiticans can't stop stealing. The best traders in the world cannot make 15% every month, but you choose to believe MBA makes that and also more to pay their staffs and Bills. Maxwell is just using you to buy expensive cars and houses. Mumu. If they are real they should go pro and go to the US. They will get enough money not coins from Nigerians, they will get $1 billion dollars easily then they can make 15% every month. After 1 year they will get so much money from high profile investors, I mean over $100 billion dollars then they can trade and become the richest people on the planet. Forex is not a goldmine. Don't throw away your sense. 95% lose money trading forex, its not a surprise. MBA is definitely not only part of the 5% but is on top of every trader in the world ? That means they are part of 0.0001% to make all that money. Lol. If this was in America or UK or Canada I might consider investing. But this is Africa that you know there are no laws, all those certificates and what not are trash!! When the bubble explodes SEC will be nowhere to be found. These guys are taking millions of dollars but refuse to upload any proof of trading or performance whatsoever. I will tell you now, if I can see a reliable trading firm or anywhere to invest and get just 2% a month I will jump on it. But I can't part with my money on stupid schemes like this because it's not taking risk, its stupidity.

You will get one soon

This Thread is more interesting than world Economics right now.

IAMTHEHERO:
Kalu nwanne m, biko, what is name of organization doing 10% -15% in Umuahia, Abia State. Aku di nma iru ulo..

SUNNYFXTILTD.
HEAD OFFICE: 2nd floor No. 2 Ekwureke Street by Osai road (beside City base fueling station) Umuahia

TheWatchDog:
MBA will pay you from now to 8pm. Pls let us know when you are paid.

I just received my first ROI. Thank you.

Tee24:
I just received my first ROI. Thank you.

Kongrats...

gentlegenius:
When did that one start? which branch is doing online investment? Because Uyo branch that I invested with didn't even allow me to do roll over online. Even with this lockdown, people still troop to their office to do both rollover and new investment.
If MBA had started online investment, the news would have been on their social media pages, and the online investment would have been ONLY through their website or mobile app.
Pls guys be very careful... Even if online investment is done in some branches, I advice you to always try your best to visit their offices for whatever you want to do. There's no way you can sign MOU with someone online. There are lots of fraudsters parading themselves as MBA agents on social media. They'll always tell you not to come to their office, that everything can be done online.
I challenge you to show me someone that invested money online, submitted all documents online and sign MOU online and is receiving ROI steadily from MBA without complain.

If u were current or u keep abreast with happenings in MBA, U won't be asking all these questions. If you don't know, do research and find out what is happening, instead of throwing wrong information everywhere.

MBA paying 15 percent profit monthly to investors trough forex trading, is not sustainable for a long period of time that is for sure. Nevertheless you guys should allow those who wants to invest do that in peace. It is their money no need for the name callings and insults.
Some have stated here that they have been with MBA for more than a year. Such investors have already recouped their capital and they are making good profits now. The crux of it all is to. INVEST WHAT YOU CAN AFFORD TO LOOSE.

Good point. What i have learn in all of this is that Nigerians are very good risk takers

Thank! I am aiming for top 3 and 500,000 USD asset under management before the year ends

Philipbbc:
Congratulations boss.
I'm very happy for you especially for making our flag �� proud

There is nothing like guaranteed returns in forex business. what we have is projections based on past performance. Based on the stats you see on my links Aggressive is averaging 20 to 30% monthly with max drawdown 12%, Regular averaging 10% monthly with max drawdown 8%, conservative averaging 7% monthly with max drawdown 4%. These are excellent numbers and the risk even on the aggressive is very low

lion501:
How much profit can u guarantee one in a month?

it is obvious you dont know how FXTM invest works. Why will FXTM report perfomance and hide floating positions. I am the one trading with FXTM and i can confidently tell you the results are based on current equity. All open positions are taken into consideration. FXTM is not a baby broker. Everything you see in the FXTM invest results is AUDITED BY PWC(PricewaterhouseCoopers) ONE OF THE TOP international auditing firms. Its not possible to report rubbish if not they will be sued. Millions of dollars are at stake. But you raised a good point. FXTM is not one of such brokers


Talking about market cycles, i am making more money during the corona virus crisis than before the crisis. i undertand your point and concern. I am not looking for investors here. There is millions of dollars on FXTM looking for who to trade. i am on 22k dollars assest under manage on all 3 accounts. You take you time to watch it till end of year then you can come back and report. By then i should have hit above 100k asset under management without any marketing sleeping in my house.

Good you researched my old accounts. those were like 4 years ago. yet they are not bad. I am a bad ass trader now. My links are available 247 anyone can check them till its one year old.

Fxmanager:
We have seen your trading performance track records from the broker. Fxtm as a broker is not publishing the statistics of open trading positions,. The current floating position statistics is hidden by the broker. Investors needs to know your current floating positions, even if it is shown in percentage, in other to make an informed investment decision. Your closed trading performance statistics shown by the broker can be nice and convincing, but what happens, if your floating positions/equity is at -75% of your balance, and the investors without the knowledge of this, invest blindly and end up loosing their investment, as it has always happen with other PAMM fund manager in any broker that does not show open trading position statistics.

Most brokers do not provide the complete trading performance statistics for an investor to make an informed investment decision, the reason why it is necessary to also provide to your potential investors an independent/third party audited and verified trading performance track record, from www.fxstat.com, www.fxblue.com or www.myfxbook.com (currently myfxbook has a problem of not extracting the correct drawdown statistics), which will provide trading performance statistics of both close and most importantly, open positions to your potential investors.

We have seen your average trade time in all your listed PAMM accounts. All the average trade time is more than 2 days, which shows that you are a swing trader/position trader, trading at a higher time frame. With such average trade time of more than two days, a three month trading performance track record is not enough for an investor to assess your trading prowess as a trader, as your trading strategy needs to pass through different market changing conditions at the higher time frame chart that you are using to trade. You need up to one year trading performance track record or more, for proper assessment of your trading performance in that higher time frame, as by then, you must have pass through different market cycles/conditions, and if you come out profitably by then, investors can then assess your trading performance track record and make an informed investment decision.

If you have another trading performance track record of up to one year, even if it is a demo trading performance track record, using the same trading strategy that you are using in fxtm to run the PAMM accounts, you can let the potential investors/forum members look at it, by posting it, investors can assess it, and might likely come in early to invest with you in your PAMM managed account.

Please don't fail to link us to an independent/third party trading performance track record from www.fxstat.com, www.fxblue.com or www.myfxbook.com.

If you look at our trading performance statistics, our average trade time is in minutes, showing that we are using an intraday trading strategy, meaning that we are trading in a lower time frame and we close all our trading positions within the day, in fact our highest trading time is not beyond 2hrs.

An intraday trader can be assess by the investors using three months or more, as he must have passed through multiple intraday market changing conditions.

..

I have checked your stats. Your account is not even up to 2 months old yet you are looking for investor here. So now i am confused about the previous message you posted. Where is your 1 year track record?

if truely you are a good trader, come let me set u up on FXTM. Trade well and get investors without marketing.

Greenvaiper:
If u were current or u keep abreast with happenings in MBA, U won't be asking all these questions. If you don't know, do research and find out what is happening, instead of throwing wrong information everywhere.

I don't have time for unnecessary research. If MBA cannot post useful information about what is happening there on their social media pages (I follow them on Facebook and twitter), then people will keep spoiling their name.
I've warned you all, and I won't say this again:
Always visit their office to transact whatever business you have with them, so that you won't fall victim to numerous online fraudsters using their name to scam people. I almost fall a victim 2 weeks ago.

This one na wash o.You can only catch unexperienced investors with this lie

Fxmanager:
We have seen your trading performance track records from the broker. Fxtm as a broker is not publishing the statistics of open trading positions,. The current floating position statistics is hidden by the broker. Investors needs to know your current floating positions, even if it is shown in percentage, in other to make an informed investment decision. Your closed trading performance statistics shown by the broker can be nice and convincing, but what happens, if your floating positions/equity is at -75% of your balance, and the investors without the knowledge of this, invest blindly and end up loosing their investment, as it has always happen with other PAMM fund manager in any broker that does not show open trading position statistics.

Most brokers do not provide the complete trading performance statistics for an investor to make an informed investment decision, the reason why it is necessary to also provide to your potential investors an independent/third party audited and verified trading performance track record, from www.fxstat.com, www.fxblue.com or www.myfxbook.com (currently myfxbook has a problem of not extracting the correct drawdown statistics), which will provide trading performance statistics of both close and most importantly, open positions to your potential investors.

We have seen your average trade time in all your listed PAMM accounts. All the average trade time is more than 2 days, which shows that you are a swing trader/position trader, trading at a higher time frame. With such average trade time of more than two days, a three month trading performance track record is not enough for an investor to assess your trading prowess as a trader, as your trading strategy needs to pass through different market changing conditions at the higher time frame chart that you are using to trade. You need up to one year trading performance track record or more, for proper assessment of your trading performance in that higher time frame, as by then, you must have pass through different market cycles/conditions, and if you come out profitably by then, investors can then assess your trading performance track record and make an informed investment decision.

If you have another trading performance track record of up to one year, even if it is a demo trading performance track record, using the same trading strategy that you are using in fxtm to run the PAMM accounts, you can let the potential investors/forum members look at it, by posting it, investors can assess it, and might likely come in early to invest with you in your PAMM managed account.

Please don't fail to link us to an independent/third party trading performance track record from www.fxstat.com, www.fxblue.com or www.myfxbook.com.

If you look at our trading performance statistics, our average trade time is in minutes, showing that we are using an intraday trading strategy, meaning that we are trading in a lower time frame and we close all our trading positions within the day, in fact our highest trading time is not beyond 2hrs.

An intraday trader can be assess by the investors using three months or more, as he must have passed through multiple intraday market changing conditions.

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ephisi:
it is obvious you dont know how FXTM invest works. Why will FXTM report perfomance and hide floating positions. I am the one trading with FXTM and i can confidently tell you the results are based on current equity. All open positions are taken into consideration. FXTM is not a baby broker. Everything you see in the FXTM invest results is AUDITED BY PWC(PricewaterhouseCoopers) ONE OF THE TOP international auditing firms. Its not possible to report rubbish if not they will be sued. Millions of dollars are at stake. But you raised a good point. FXTM is not one of such brokers


Talking about market cycles, i am making more money during the corona virus crisis than before the crisis. i undertand your point and concern. I am not looking for investors here. There is millions of dollars on FXTM looking for who to trade. i am on 22k dollars assest under manage on all 3 accounts. You take you time to watch it till end of year then you can come back and report. By then i should have hit above 100k asset under management without any marketing sleeping in my house.

Good you researched my old accounts. those were like 4 years ago. yet they are not bad. I am a bad ass trader now. My links are available 247 anyone can check them till its one year old.

Everybody says their max drawdown is 12% until you wake up one day and its 40% equity left. I understand what he's saying. FXTM doesn't show open positions, only when you invest and the trade is closed then you can download report on old trades. But that is only if you invest. I've been on fxtm before. I deposited $10,000 last year, it was my first time, I split it between 2 of the top traders. Canyon_ps and 1 other one I can't remember. It was going well, they both made like $1000 each, they usually get 10% to 30% drawdown but they always recover. until suddenly I woke up one day and Canyon was down 30% and still going down, I left it and within that week he had done -50% then eventually -95% boom. Account was blown, this was a trader from China. The other trader did the same thing shortly after. These were traders who have been trading for years with good results.

Fxtms biggest trader "The blue whales" which had been there for like 7 years or so. They had so much profit and money under management. I checked recently and he has wiped the account. You can't even contact the traders because you don't know who they are. Sorry but I don't trust Fxtm. They seem sketchy to me. How does someone appear on the top spot from nowhere then end up blowing up hundreds of thousands of dollars. Are they an ECN broker ? Why don't they let you trade with other brokers ?

But they are still better than the other one who is trading with a spiritual broker and giving 15% every month. At least they have results that we can all see and can monitor them.

ephisi:
it is obvious you dont know how FXTM invest works. Why will FXTM report perfomance and hide floating positions. I am the one trading with FXTM and i can confidently tell you the results are based on current equity. All open positions are taken into consideration. FXTM is not a baby broker. Everything you see in the FXTM invest results is AUDITED BY PWC(PricewaterhouseCoopers) ONE OF THE TOP international auditing firms. Its not possible to report rubbish if not they will be sued. Millions of dollars are at stake. But you raised a good point. FXTM is not one of such brokers


Talking about market cycles, i am making more money during the corona virus crisis than before the crisis. i undertand your point and concern. I am not looking for investors here. There is millions of dollars on FXTM looking for who to trade. i am on 22k dollars assest under manage on all 3 accounts. You take you time to watch it till end of year then you can come back and report. By then i should have hit above 100k asset under management without any marketing sleeping in my house.

Good you researched my old accounts. those were like 4 years ago. yet they are not bad. I am a bad ass trader now. My links are available 247 anyone can check them till its one year old.

This is a real Forex trader... We know them anywhere we meet them. It is not by calling yourself Forex manager or attaching fx to your moniker and being a nuisance here. Real traders don't have time to haunt for investors online... they sit their damn ass down to make money from what they know. Real good traders don't believe only in making meagre money from the market, their trader skills and experience reduces the fear of the market.
Bro... I don't need your track record to believe what you said here. I think we should connect... so we can learn from each other.

gentlegenius:
This is a real Forex trader... We know them anywhere we meet them. It is not by calling yourself Forex manager or attaching fx to your moniker and being a nuisance here. Real traders don't have time to haunt for investors online... they sit their damn ass down to make money from what they know. Real good traders don't believe only in making meagre money from the market, their trader skills and experience reduces the fear of the market.
Bro... I don't need your track record to believe what you said here. I think we should connect... so we can learn from each other.

you are right, I don't reply the fake fxmanager again

ephisi:
Loses are part of the business . You loose than you recover. There's no one that makes money every single month. When I loose a small portion for a month I don't get any share from the profit until I recover the loss. No trader can make profit every single month for the rest of his career. As a trader or investow we get used to losses

I like the bolded. So MBA can't tell us they make profit every month without loss and be able to pay the 15% monthly. They are just using taye's money to pay kehinde. It will crash sooner or later.

Investors should take note and take calculated risk without biting their fingers with regrets.

airsaylongcom:
In Lagos with all the chaos of traffic and all, most of our customers there opened their accounts via electronic means. We've got customers from as far as Australia who have never been in any of our branches

But you are absolutely right about the need to take every precaution. We have had loads of fraudsters claim to be MBA online

Maxwell himself is a fraudster, you guys are just waiting for the best time to cashout. Maxwell will leave Nigeria while you deactivate your account and vanish with your own share.

I have made lot of investigation before I start making comments on this thread. MBA isn't trading forex. They are using Mr A money to pay MR B But greedy Nigerians won't care as far they are seeing their ROI monthly.

Every investor should be warned until MBA comes clean with their trading records

If you want me to explain to you i will. those who invested on bluwhales and canonps were greedy investors looking for high returns overnight. its obviosu as a first timer you didnt know what to check for. you dont just go online and invest on the person that is number 1. you neded to have checked their risk and max drawdown . you didnt do that. if u did and understood you would never invest excpt out of greed.

Trading memory or whatever his name is is number one now.. he is trading with hight risk and u know what the same thing will happen to them all. he will blow his acccount with hundreds of thousands of investors money. i am waiting for all of them to fall. as they fall i rise becasue i am not taking highh risk. slow and steady wins the race. lol bigwhales wound people sha.

sorry about your loss. Next time consult someone who is experienced in the filed before picking a manager. it has nothing to do with FXTM or trust. You wer just not a wise investor. Not everything that glitters is gold

Joeyburton:
Everybody says their max drawdown is 12% until you wake up one day and its 40% equity left. I understand what he's saying. FXTM doesn't show open positions, only when you invest and the trade is closed then you can download report on old trades. But that is only if you invest. I've been on fxtm before. I deposited $10,000 last year, it was my first time, I split it between 2 of the top traders. Canyon_ps and 1 other one I can't remember. It was going well, they both made like $1000 each, they usually get 10% to 30% drawdown but they always recover. until suddenly I woke up one day and Canyon was down 30% and still going down, I left it and within that week he had done -50% then eventually -95% boom. Account was blown, this was a trader from China. The other trader did the same thing shortly after. These were traders who have been trading for years with good results.

Fxtms biggest trader "The blue whales" which had been there for like 7 years or so. They had so much profit and money under management. I checked recently and he has wiped the account. You can't even contact the traders because you don't know who they are. Sorry but I don't trust Fxtm. They seem sketchy to me. How does someone appear on the top spot from nowhere then end up blowing up hundreds of thousands of dollars. Are they an ECN broker ? Why don't they let you trade with other brokers ?

But they are still better than the other one who is trading with a spiritual broker and giving 15% every month. At least they have results that we can all see and can monitor them.

they cant let you trade with other brokers because they are not a charity organization. thats how they make their money from all the commisions they make from traders n fxtm