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forexexclusiveclub.com: Inspirational results or scam?
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forexexclusiveclub.com: Inspirational results or scam?

  #1 (permalink)
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forexexclusiveclub.com: Inspirational results or scam?

I stumbled across this site the other day. I keep thinking of the old adage, "If it sounds to good to be true, it...."

Forex Exclusive Club



What bugs me, is the site Forex Peace Army is trading a live account and also reporting impressive results.

Anybody had any experience with them?


Last edited by Big Mike; March 10th, 2010 at 11:30 AM. Reason: clarified title, moved to commercial
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  #3 (permalink)
Trading Apprentice
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Why does it bug you about forex peach army testing it?

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I agree that your always wary of a system that is actually making money as advertised... (ironic what this profession has done to our ability to trust other traders eh?)

But if FPA is doing an independent real test and getting results, well then, what more is there to say. I'm impressed. These guys just might be legit.

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CTGUY View Post
Why does it bug you about forex peach army testing it?




What I meant was that Forex peace army is actually looking for scams, and they're getting good results, too.

I'm a firm believer in the "If it sounds to good to be true it probably is" maxim.

These guys (forex exclusive club) are claiming an average 42% a month for the last 9 months. So, lets see, If we had invested $10,000 nine months ago, and left it in there, our $10,000 should be around $240,000 grand right now, with apparently no ceiling in sight! (minus fees) No-way!

I think we need a regulatory investigation.

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Yea but if you read their site they advocate taking profits out of your account at the end of each month.... and from the FAQ it sounds like they don't even let your accounts compound.

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daedalus View Post
Yea but if you read their site they advocate taking profits out of your account at the end of each month.... and from the FAQ it sounds like they don't even let your accounts compound.

Yeah, looks like it could be legit. The rules seem fair. If I make money for the month, they get 30%. If I lose money, they don't get a fee until my balance goes back to and higher than it was the last month. I like that policy...

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