Are you searching for the Pagliani Fund reviews in order to find out what is Plagiani Fund Forex developer? The developer specializes in both managed accounts and expert advisors, so is it a scam or legit? You are absolutely in the right place because here, within our Pagliani Fund review, you are going to find out the complete truth about Plagiani Fund.
Actually, we don’t recommend anyone to use Plagiani Fund. If you want to know why, then you can find the details within our Plagiani Fund review below. If you don’t want to find out more details on it, but instead want to find out the legit Forex trading software, then you can click this link:- Best Forex Robots.
OK, let’s begin with our Pagliani Fund review in order to find out what is Plagiani Fund in real.
Pagliani Fund Contact: The owner of the service is Jose Pagliani, who is located in Los Realejos, Spain. you can email [email protected].
Pagliani Fund Scam or Not
With the creator of the Pagliani Fund being from Spain, the lack of information and detail likely has something to do with Jose’s knowledge of the English language. According to the sales page, the developers do tell us that they utilize a team of traders that take advantage of the latest technology. They claim to have servers in New York data centers that help them adapt to market movements in real-time. There are also 2 risk managers that are paid to monitor these trading accounts 24 hours a day.
There seem to be some major issues with the web page currently. If you try to sign up with the expert advisor, or the MAM account, neither currently exists. Both options return products are pages that aren’t available.
This makes me wonder if the service is still available to the public, or if it has been totally abandoned by the developer. There isn’t a lot of interest, or marketing online, so it’s very possible that this service is just no longer available. That being said, I will still quickly go through the results and anything else I find pertinent about the service.
- Type: Forex EA/MAM
- Price: Undisclosed
- Strategy: Undisclosed
- Timeframe: Undisclosed
- Pairs: AUDCAD, AUDJPY, AUDUSD, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURTRY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USDTRY, USDZAR, XAUUSD
As you can see in the breakdown, the Paglianu Fund does a poor job of providing details about their software and strategy. We are not provided with the price for the expert advisor, but we are told that the MAM account requires traders to invest between 10,000 to 25,000 USD “for adaptive management.”
Jose provides traders with one Myfxbook account, running the Pagliani Fund on the Lowcost Forex brokerage. This account was first created in February 2016 and is showing a gain of just over 9200%, with a drawdown of around 30%. In looking closer at this account, we can see that it hasn’t traded since the end of August, and the erratic nature of the account is quite strange.
In looking closely at the account, you can see that almost all of the gains have occurred in 4 months. Sadly, the open trades, open orders, and trade history are all kept private, so I can’t go into too much more depth about this. Yet, I will say that the way this account is being traded is extremely aggressive in some months, and then the exact opposite and others.
If you signed up with the service before March, you’d be very happy because the entire year’s profits occurred in March. However, ever since this month, there’s been little to no trading on the account at all. This again, makes me wonder if the service is still active.
Review Verdict – Pagliani Fund is a Scam
Our best advice for you
This probably isn’t the most helpful review I’ve ever done because the Pagliani Fund team provides little to no information about their services. Yet, I have uncovered the fact that this service isn’t active at this point in time, and that’s valuable information for anyone looking to sign up. Considering there is no way to sign up with this service right now, that makes it easy for me to avoid the recommendation.
If you have anything you would like to add to this review, please leave your comments and questions below the article now