Posts by amolre

Today another friend got paid, but only one of his account, not the rest. I am still waiting for all my accounts. Maybe tomorrow will go to office and ask.

I still didn't get paid neither. And, when requested today the withdrawls of April's profit I got a message that the requested will be dated as per 24/06....that is 2 months from now. It means I won't get any money till end of July (in the best case)? Anyone else got something similar?

I have part of my money invested on a Spanish Hedge Fund based in Cayman Islands, the biggest offshore paradise. Shall I be worried because is not based in Spain? Absolutely no, Investment companies always look of how to avoid taxes and strict regulations. How to differentiate scams from serious companies? Researching, asking, and meeting their staff. In my case I have been with them many years and know personally the founder of the Hedge fund. The key word here is EDUCATION, Financial Education. Before put all your savings in something you have no idea what is, study a bit about it. Nowadays the information is free on internet, get advantage of it. And again, don't risk a money you cannot afford to loose. BTW, seems UT markets and others scam companies are really desperate to catch customers from Exential....it means the bubble is gonna explode soon? Good luck to all of those with the money on them.

Degger. I got my November profits long ago and I don't work for Exential. If you don't believe me you can tell me a time and place and you will see me in person. What I did is to contact my RM, I talked with him and he explained me everything and I got the money few days after. As everybody sais, go to the office and talk with them...and don't invest a money you cannot afford to loose.

We can read you without using capital letters too. Do you have an account? If you do, have you contacted your RM? I did and he explained me what to do and I already did my withdrawals.

Specially if the claim to be based in UK.... I guess only way to know is to take a look and have an interview with them.

I am not an expert, but basically the drawdown indicates you the worst sequence of losses they had. It will remain till they have a worst loss, resulting in the drawdown increasing . Lower is it, better the trading strategy. Otherwise, for trading strategies made for short term profits, high drawdown levels are more common. You only need to take a look to the history for see these losses. If you invest in something with high drawdown you have to be ready psychologically and financially for hard times to come sometimes. As many said here, don't invest what you are not ready to loose. High profits always have high risk. There are many free websites where you can learn a lot about forex and the terminology if you want to learn a bit about where you are putting your money.