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.

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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
  • 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
  • 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.

Join Now http://www.GalleonFX.com/?ref=investbox&adid=galleonfxsite


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:

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