| GalleonFX,
Managed Forex Accounts
The more HYIPs crash, the more I am looking for scam free
but also high yield (and risky) investments. It has been six months
since I did some basic research on Managed Accounts and I keep searching
for the best deal which will take my money and will also be offered
to you.
GalleonFX is not exactly that deal, but it gets close
to it. (The link is affiliate. If you want to open an account you need
to enter investbox as your referrer, because the site
accept members only by invitation). Said shortly, GalleonFX is one of
the best managed forex account available to the average investor.
brought to
you by the Investbox
Network
GalleonFX Summary
GalleonFX offers managed forex accounts. Nothing more
or less. There is no hype, no pooled accounts and no forex signals.
There were 2 trading strategies until recently, when they decided to
continue only "Cannon 25". Here are the details of the offer
in short:
-
Euro 2:1 leverage
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3 Forex brockerages available
-
Minimum investment: $25,000, for limited time they
accept $10,000
-
25% fees on the performane results
-
No e-currencies accepted. Bank wires and cheques
only
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The average performance exceeds 100% per year
If you are interested, just see all the details here.
For me the most interesting page is the performance
table. It shows consistent and very good ROI for long term. Note
that this is hypothetical ROI based on back testing.
The live
account performance, based on Cannon 450 and Cannon 150 systems
confirms the tests perfectly.
Due Diligence
When investing in managed accounts, the typical for the
HYIPs due diligence is not too meaningful. GalleonFX cannot run away
with your money, because it's only you who can withdraw them from the
brockerage house.
Here the DD is useful mostly to ensure how experienced
the traders are and what are the chances to blow out your money. Looking
at their historical performance (which is real for sure, as I have been
watching them for more than one year), I would say the risk is absolutely
reasonable. There were drawdowns, but over long term the results are
very positive.
Perspectives
Are you asking yourself what will happen if you invest
the minimum $10,000 there? Are you expecting me to tell you that? I
hope no ;-) I can only guess like you would do. In case you assume 100%
average gross yearly ROI (compounded) - which would make 75% nett for
you - in 5 years your $10,000 will turn into $165,000 and into 2.7 millions
in 10 years. Of course this is just hypotetical, but I'd say it's much
more realistic than doing such calculations for any HYIP.
The other perspective is to lose these $10,000. I'd say
you can't lose them all, but a significant amount of it - this is possible.
No pain, no gain.
Other reviews and references
I am not discovering the hot water by revieweing GalleonFX.
It's quite possible that you have heard about it already. What I want
to do is to give you more information and thoughts about this, in my
opinion, quite good service.
If you want to see other viewpoints, here are some other
sites which are reviewing or discussing GalleonFX:
-
A short reviewm whois referrence and comments are
available at HYIP
Confession
-
-
After all, I don't know how long the minimum will be $10,000, but it
is good to remember this is temprorary. When they raise it to $25,000
it will get harder for most of us to participate.
Disclaimer.
We do not promote or own any programs. The information and data were
obtained from sources believed to be reliable, but we do not guarantee
its accuracy. Some programs may be illegal depending on your country's
laws. Past Performance of any of programs is no guarantee for the same
or similar future performance. We are not responsible on act & performance
of these programs. Do not spend what you cannot afford to lose.
Risk
Disclosure
It should be understood that Currency
trading involves high risk and you can lose money. There is always a
relationship between high reward and high risk. Any type of market or
trade speculation that can yield an unusually high return on investment
is subject to unusually high risk. Only surplus funds should be placed
at risk and anyone who does not have such funds should not participate
in trading foreign currencies. Currency trading is not suitable for
everyone.
U.S.
Government Required Disclosure - Commodity Futures Trading Commission.
Currency, futures and options trading has large potential rewards, but
also large potential risk. You must be aware of the risks and be willing
to accept them in order to invest in the futures and options markets.
Don't trade with money you can't afford to lose. This website is neither
a solicitation nor an offer to Buy/Sell futures or options. No representation
is being made that any account will or is likely to achieve profits
or losses similar to those discussed on the website. The past performance
of any trading system or methodology is not necessarily indicative of
future results.
CFTC Rule 4.41 - Hypothetical or simulated performance
results have certain limitations. Unlike an actual performance record,
simulated results do not represent actual trading. Also, since the trades
have not been executed, the results may have under or over compensated
for the impact, if any, of certain market factors, such as lack of liquidity.
Simulated trading programs in general are also subject to the fact that
they are designed with the benefit of hindsight. No representation is
being made that any account will or is likely to achieve profits or
losses similar to those shown.
Any financial market or opportunity is only suitable for sophisticated
individuals and institutions. Given the possibility of losing one's
investment, speculation in the foreign exchange market should only be
conducted with risk capital funds that if lost will not significantly
effect one's personal or institution's financial well being.
Past performance is not indicative of
future results and individual returns may vary amongst participants.
Trading in forex is speculative and may involve loss of the principal,
therefore funds placed under management should be risk capital funds,
that if lost will not significantly affect one's personal financial
well- being. This is not a solicitation to invest and you should carefully
consider your financial situation as to the suitability to your situation
prior to making any investment or entering into any transaction
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