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OTS Fx Fund (International) (By Oceantrading)

The user has deleted this system.

OTS Fx Fund (International) Discussion

Apr 08, 2011 at 15:30
4,369 Views
66 Replies
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Apr 15, 2011 at 20:53
PETRAFX and OTSFX TEAM UP after PetraFX blows Investor's accounts and delete the track record-

https://www.myfxbook.com/community/trading-systems/ots-fx-present-moment-trading/88621,1

NOW OTS-FX is on FPA offering MANAGED ACCOUNTS-

https://www.forexpeacearmy.com/managed_forex_performance/ots_fx/real

Member Since Jan 25, 2011   20 posts
Apr 15, 2011 at 21:42
ForexScam,

OTS Fx has nothing to do with Petra Fx. OTS Fx has traded for Petra last year, but was only one of the many systems traded there.

This is what Petra wrote on myfxbook :

PETRAFX.COM (PetraFx) Feb 12 at 13:36
We have collaborated with OTSFX systems in the past. Congrats on the launch of your systems. We wish you all the best in your trading and fund management business.

You have to read carefully before made such accusations and need to have proofs - the previous system was deleted because we have moved our clients from Alpari to ATC Brokers, and that is completely explained on our website, on our myfxbook area and even to Forex Peace Army.

We have completely sure that Forex Peace Army alert for Scam if they saw we blow an account and then try put a new one to promote our forex managed accounts.

Your post make no sense at all, because the statement you are telling that belongs to Petra and was deleted, was our real live account at Alpari,that not blow at all, was with +50% when we removed from Myfxbook to put our PAMM Account at ATC Brokers.

So please if you are trying to get the OTS Fx reputation down, you will not succeed because we know what we do, and at all cost we preserve our clients money, and most important, we deliver what we promote, consistent profits over the long run.

Keep in touch and you will see, maybe you will be in future one of our happy clients.
 
regards,

OTS Fx



Trading Easy. Delivered
Member Since Mar 16, 2011   10 posts
Apr 18, 2011 at 12:11
@ ForexScam:

It is good that you look over systems and warn people - BUT:

I am one of OTS investors and my money is safe and grows - this system change happened due to some internal redirection.
As you see my first Account here: https://www.myfxbook.com/members/X5Masterchief/alpariukmicro01tp/95034

Until the withdrawal of ~1960€ OTS traded my account, then we changed the broker and then I played a little, so it went down.

So for all: OTSFx is a honest person and NOT a scam!

Best regards
Daniel
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
May 02, 2011 at 05:07

X5Masterchief posted:
    @ ForexScam:

It is good that you look over systems and warn people - BUT:

I am one of OTS investors and my money is safe and grows - this system change happened due to some internal redirection.
As you see my first Account here: https://www.myfxbook.com/members/X5Masterchief/alpariukmicro01tp/95034

Until the withdrawal of ~1960€ OTS traded my account, then we changed the broker and then I played a little, so it went down.

So for all: OTSFx is a honest person and NOT a scam!

Best regards
Daniel

Your link to your account no longer works - Deleted

are you still using OTS?
Member Since Mar 16, 2011   10 posts
May 02, 2011 at 12:55

ForexScam posted:
    
Your link to your account no longer works - Deleted

are you still using OTS?

Yes I still invest in OTSFx and this month went well.
I also discussed the things above with the money manager personally and for me (and every other investor) things are fine.
More, the forex market is a scam-pot and I am really glad that OTS is not one of these.
Member Since Mar 16, 2011   10 posts
May 02, 2011 at 12:59
Member Since May 13, 2011   7 posts
May 15, 2011 at 23:03
I have been a client of OTS FX for the last 3 weeks. Communication is top notch. He's obviously a talented trader based on his track record. After a few percent losses last week, he sent an email out to the investors about a slight change in strategy (removing one currency pair, etc.). OTS is DEFINITELY not a scam. After all, he is not able to access my brokerage account's money at ATC Brokerage, only make trades with it. However, I am of course still waiting to see whether he can keep the account profitable over the long term.
Member Since May 13, 2011   22 posts
May 18, 2011 at 16:32
i am considering investing with otsfx , should i ?
Member Since May 13, 2011   7 posts
May 18, 2011 at 18:43
jezrp, no one can decide that but you.

i will say the account has lost 19% in the last 10 days, however. very very volatile. ots fx has been sending out emails to investors keeping them abreast of trading changes, but that doesn't change the fact of the recent steep drawdown.
Member Since Jan 25, 2011   20 posts
May 18, 2011 at 20:02
The volatility faced on the account was due to a unbalanced created on portfolio relative to changes on pair correlations. We made all efforts to sustain the recover cycle, but at certain point it was at limit margin we allowed per pair and we decide to cut the losses to sustain the all portfolio itself.This was the most wise decision we can take, because holding positions expecting a reverse of market, sooner or later will have instead of 9% impact on portfolio, can have 90% and that we not allow.

This is the reason why so high DD was noticed on the account. Although all is resolved now, and we made the correct changes to this not happen again, or at least minimized the effect of one single cross over the entire portfolio.

We explained this to our clients last week,because is our aim complete transparency to client/manager relationship.

We believe we have a very good portfolio/system, that can produce average monhtly profit above the 15%, and is our aim to always explain to clients what is happening, changes we have intention to do.

To finish, is good clients give their opinions and comments, they are always welcome and help us to improve even better the systems/portfolio.

Thanks to all.

regards,

OTS Fx Team
Trading Easy. Delivered
Member Since May 13, 2011   7 posts
May 18, 2011 at 20:44
As you can see OTS FX is very professional and customer-oriented! Their professionalism and upfront attitude are two of the reasons I invested in them.
Member Since Feb 16, 2010   1332 posts
May 19, 2011 at 05:01
Mr MonkeyBars, we're not monkeys. What made you register here and why your single three posts are in this thread? Something tells me you're OTS themselves.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Mar 16, 2011   10 posts
May 19, 2011 at 05:47
Eeehm no.
I am also an OTS investor and I am really satisfied cause I had some look into the system and its behaviour and it just works.
I can also say that OTS is really professional, the Manager always answers my questions asap, tells me about realistic performance behaviour and does not deny losses, too.
He is really honest and this is really the first time in my Forex experience that I found such a realistic, un-egoistic, friendly and professional Trader.
The only problem I see is that with a PAMM account mixed with the Trading Station at FXCM it is not really possible to upload own statements but myfxbook is working on this.

@ SOLAR: I don't think MonkeyBars is OTS ;)
Cause I know by myself that the OTS manager dont need to play games like these.
We talk about each day about the management and the business behind it.
Member Since May 13, 2011   22 posts
May 19, 2011 at 08:06
@X5Masterchief - what sort of performance have you been seeing with ots ?
Member Since Jan 25, 2011   20 posts
May 19, 2011 at 08:40

forexma posted:
    Mr MonkeyBars, we're not monkeys. What made you register here and why your single three posts are in this thread? Something tells me you're OTS themselves.

Hi Mr Solar,

We don´t need to do business that way. We do business providing a professional and realistic trading, and best of all, even with this lately problems on the portfolio balance and spike down on equity, our clients are supporting us, because they know the potential and professionalism that OTS Fx do it´s work.

So please we have nothing to hide, there´s no need of such scam schemes to provide fake comments to build a clients portfolio, because after all our results will speak for itself.

regards,

OTS Fx Team
Trading Easy. Delivered
Member Since May 13, 2011   22 posts
May 19, 2011 at 08:47
I agree with OTSfx , i've been researching managed accounts for about 2 weeks now & OTS are by far the most professional.

Behaving like a company should with their customers, i like the fact that OTS admit poor performance but have reasons why and actions to resolve it. Other managed accounts don't answer the questions and hide behind a generic email address and a poor website that looked like it was built by a 5 year old.

The trader at OTS is responsive and answers emails promptly and i'm looking forward to a long and prosperous relationship.

@OTS are we not able to upload out stats to fxbook if we open account with you ?
Member Since Mar 16, 2011   10 posts
May 19, 2011 at 08:57

jezrp posted:
    @X5Masterchief - what sort of performance have you been seeing with ots ?


I have about 2-3% above this statement: https://www.myfxbook.com/members/Oceantrading/ots-fx-fund-international/100986 because I entered into the initial Drawdown in April 14th.
Member Since Jan 25, 2011   20 posts
May 19, 2011 at 09:02
Hi jezrp,

First thanks for your comments. Unfortunately Myfxbook don´t allow at the moment uploading statements with the Trading Station from FXCM, and this is clients reports tool. Although, clients have access realtime 24/7 to accounts, and can print/save the reports.

regards,

OTS Fx Team
Trading Easy. Delivered
Member Since May 13, 2011   22 posts
May 19, 2011 at 10:05
Have you had any probelms with FXCM , i've just been reading aroudn and there seems to be lots of complaints about people havign their accounts closed or not being able to withdraw ?
Member Since Jan 25, 2011   20 posts
May 19, 2011 at 10:20 (edited May 19, 2011 at 10:30)
Hi jezrp,

Our customer trading accounts are held by ATC Brokers. Till now there are no complaints to this broker, and we have almost 3 years experience with them, and the business relationship they held with FXCM is in our opinion a strategic partnership.

ATC Brokers is member of NFA and is registered at CFTC.

To even see more the transparency that ATC Brokers have with their clients, ATC have better spreads then FXCM mark to his clients.

Even last month was a sudden freeze level on orders entry (Problem at FXCM) and a refund of the difference between entry limit price and filled price was credited to the accounts.

So is our opinion that we held ours and clients accounts at the best mt4 broker available at the forex market today.

regards,

OTS Fx Team
Trading Easy. Delivered
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