Xeconds is a new Forex managed account for popular currency markets. Xeconds touts cutting edge trade replication, safety of funds with properly regulated Forex brokers, no lock-in, live trade monitoring and verified trading result. They furnish investors with 3 account portfolio namely Standard, VIP and Pro. The minimum deposit size is $20,000. Profit sharing extends upto 40%.
What is Xeconds? Either is Xeconds managed Forex account scam or legit?
Any expert in forex trading can clearly see that Xeconds is a scam. However, if you want to find out why is Xeconds a scam and what is Xeconds in real, then you can find that within our Xeconds review here, for that you don’t have to search any other Xeconds reviews.
- Xeconds is a program that claim to manage Forex trades. It’s like putting a plane on auto pilot. Traders can sleep through the night calmly knowing that their trades will be placed exactly at the times they designated. Sounds easy, right?
- Forex managed accounts like Xeconds are getting a lot of hype of late and Forex managed account scams are not far behind. Xeconds guarantees profit on manged account trading. You don’t have to be a rocket scientist to see that something is wrong here. Indeed, Xeconds is faking its results, it is a scam. Online trading is very risky and there is no way anyone can guarantee for only profit and that is also such a high profit. So, the forex trading claim made by Xeconds itself proves it is lying about its trading.
- Most Forex managed account scams are easy to pinpoint and would seem obvious to any investor. But even with blatant false promises of huge profits “while you sleep” millions of dollars are dropped into these Forex managed account scams every day.
About Xeconds Strategy
Xeconds is a Forex manged account based on automated trading. They have address at The Jaycees Building, P.O. Box 362, Stoney Ground, Kingstown, VC0100, St. Vincent and the Grenadines. It is unknown who are they experts behind the Xeconds Forex managed accounts.
For support, traders can contact via a telephone number at +65 9635 7797 or email [email protected]
How does it work
During our reviews of Xeconds, we saw that they owners do not provide much details on their trading methodology. They made mention of series of strategy roadmaps but we could not see important strategies for technical analysis.
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Xeconds has a myfxbook result based on automated trading systems
The problem is that Forex managed account companies producing Forex managers like Aman FX Traders often rely on very broad, small print disclaimers to keep them out of trouble for promising tremendous results when those results are unrealistic in the long term.
Our best advise
Because Forex trading is still relatively unregulated, the number of scams seem to be ever-increasing. One area in which this happens on a regular basis is with manged account trading. Many of the systems make some pretty unrealistic claims, and promise a successful trading career, even when you’re asleep. They even seem to be able to publish positive results on their sites. However, a word of warning: These amazing results are often the result of back-testing, or based on hypothetical results.
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