Friday, February 4, 2011

Managed Forex Reviews - IkCapital.com

We haven't tried the managed forex accounts from IkCapital.com. If you've let them trade forex for you, please leave a review here.
IK Capital Inc run by a british man called Taran Basil who reckons he has achieved 100% return in a month!! His accomplices are Nirmal Singh and Mohammed Aslam. These two sent me data showing returns of 15 - 25% month on month. I put in $50k and within one month Taran had 40% drawdown. After a few more months there was 100% drawdown with only 20% profit. Suddenly Nirmal and M.Aslam never picked up their phones - Taran was extremely unprofessional, making up excuse after excuse and even telling me that i can have a bash at it if i liked to try and make the money up myself!!! Even though I'm not a trader, at the end, it resorted to me telling them when to come out of what trade!!! They bugged me for 3 years to put my money into this and when i eventually did, they lost it and just didnt want to know. M.Aslam initially telling me that he invested all the time and made 20k per month, and then after my lossses told me he'd never invested in fx and didnt know much about it!! He then told me he'd pay for my losses - when I phoned him up months later for it, he once again didn't want to know. Stay away from these jokers - they are unlicensed, unprofessional, lieing thiefs. If anyone has advise on if I can claim this money back, do let me know as I'm checking what can be done - they are not licensed or FSA regulated, so shouldn't be giving out all this investment advice.

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