Managed Forex With Us Review

Jun 3, 2021 07:05 AM ET
Managed Forex With Us Review

Managed Forex With Us (MFWU)  was initiated by Nobert Zoltan Nagy, who is a robot programmer. Later on, he added several other traders and began distributing trading signals of each in the program. The service runs through a subscription or trade copying procedure.

Managed Forex With Us

Type

Semi-automated EA

Price

$50

Strategy

N/A

Compatible Platforms

N/A

Currency Pairs

Multiple currencies

Timeframe

N/A

Recommended Min. Deposit

N/A

Recommended Deposit

N/A

Leverage

N/A

Managed Forex With Us presentation

Trading Strategy Explanation

The developers do not state which type of trading strategy they use to make money. This is a poor practice as useful information can help traders determine if it is suitable for our needs. There are three different systems at play here. From their results we can conclude some things:

  • Nobert’s system. It trades only on GBPUSD and GBPJPY. It has no fixed stop loss but has a take profit. Once the trade enters the positive territory, it will start trailing.

  • Tibor’s system. It trades on multiple currency pairs and has a fixed stop loss and take profit. It also uses the trailing stop method.

  • Combo. As the name indicates, it copies trades from both Nobert and Tibor into one single account.

How EA works

You have to provide the details of your MT4 account to the respective email of the trader. You can also use a trade copying service and pay a subscription fee of $50. In this case, it is necessary to open an account with the broker of their choice. The company doesn’t mention which brokerage a trader should use in this case.

Features

The system comes with the following features:

  • Development is available from professional programmers

  • You can join the affiliate or partnership program

  • Manually managed trading with risk diversification

Backtest Data Analysis

There are no backtesting results available through which we can confirm the performance of the system under different conditions such as spreads. 

Live Trading Data Analysis

Forex Peace Army tracks live trading results for all three systems. Nobert has been trading since 2 July 2020 and made a total net profit of 25186.28. He had a winning rate of 78.85% and a profit factor of 1.89. During the duration, he made 7957 trades with the most significant loss of $-173.02 and profit of $689.13

Managed Forex With Us Backtests

Nobert Trading Results 

Myfxbook Account

N/A

Started

Jul 2, 2016

Deposit

$10234

Balance

$35420.28

Gain

N/A

Daily

N/A

Monthly

N/A

Drawdown

6.60%

Profitability

1.89

Tibor started trading on 1 November 2020 and made 1447 trades with a net profit of $134693.95. The relative drawdown is high, with a value of 59.44%, meaning the system wipes out nearly half of its equity during trading. Profitability stood at 60.33% alongside a profit factor of 3.89.

Managed Forex With Us Backtests

Tibor Trading Results

Myfxbook Account

N/A

Started

Nov 1, 2020

Deposit

N/A

Balance

$77879.95

Gain

N/A

Daily

N/A

Monthly

N/A

Drawdown

59.44%

Profitability

3.89

The Combo system started on 21 October 2020 and has placed 2526 trades in total. It had a winning rate of 81.71% and a profit factor of 2.03. It’s strange how the system has different statistics from both Nobert and Tibor.

Managed Forex With Us Backtests

ComboTrading Results 

Myfxbook Account

N/A

Started

Oct 21, 2020

Deposit

N/A

Balance

$45921.94

Gain

N/A

Daily

N/A

Monthly

N/A

Drawdown

14.33%

Profitability

2.03

Managed Forex With Us has only two reviews on Forex Peace Army, which are not enough to give a final verdict on whether the system is worthy or not. The feedback is five stars but can be bought by the fund management service themselves. 

Managed Forex With Us customer reviews

Review Summary

Pros

  • Consistent records on Forex Peace Army

Cons

  • No Myfxbook records

  • Not enough transparency on the developers

  • No reviews are available on review forums

Managed Forex With Us is relatively a new service that can turn down at any moment. Account managing services are famous in Forex for liquidating portfolios within seconds. The company also fails to provide records on Myfxbook, which is the current standard for registering records.

Rating: 5/10


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