Future Forex! anyone using them?

D

delta66

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Hello. what do you guys think of this company? currently active in mining and want to exit with all the load shedding and hardware failures I'm experiencing. Looking at their website FAQ seems almost to good to be true, arbitrage trading has worked for me in the past albeit very small profits were made.

Would appreciate any views positive or negative
 
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I have been using FF since Nov 21 & hv also helped my pensioner parnet open his account. They hv been most effective in handling the FIA Application with SARS. You set your own mandate regarding BTC spreads & from there it's all systems go. I recvd the FIA of R11 000 000 & the client manager has traded thru R8 400 000 in just under 4 months, which includes the slow month of January. My mandate is 2% spread which means I am due to complete the FIA in under 6 months. My account is on track to attain a Whopping R145k return on an account size that has averaged R300k over this period ie, close enough to 50 % return in just under 6 months.
 
delta66 said:
Hello. what do you guys think of this company? currently active in mining and want to exit with all the load shedding and hardware failures I'm experiencing. Looking at their website FAQ seems almost to good to be true, arbitrage trading has worked for me in the past albeit very small profits were made.

Would appreciate any views positive or negative
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Hi @delta66,

I'm a Business Development Manager at Future Forex. I can assure you this isn't a scam. We are a licensed FSP under FSP: 51884 for currency remittance. Arbitrage is a very unique opportunity with low-risks involved and high yields. We have client relationship managers that guide you through the process and make sure you reap the maximum returns from your investment and allowances (SDA & FIA). Our average ROI is due to our meticulous approach in partnering with trusted third parties as well as our efficient trading infrastructures.

Please feel free to reach out to me on my phone: 0828968254 or my email: [email protected] and I can run you through any questions you may have and give you insight into how we provide our solution.
 
bump.. anyone else use them? They seem legit, got some smart people working for them and can't seem to find any bad reviews on this company.
This being said, having such crazy returns is exactly that.. CRAZY! Sounds too good to be true.
 
PeeKay108 said:
bump.. anyone else use them? They seem legit, got some smart people working for them and can't seem to find any bad reviews on this company.
This being said, having such crazy returns is exactly that.. CRAZY! Sounds too good to be true.
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It's not crazy returns anymore. It's about 1% and fluctuates daily. Also you need a large starting capital.
 
I've used them a number of times for arbitrage. No issues. As @backstreetboy mentions, the returns are in line with what other companies are offering for arbitrage so not "crazy", and you're limited by your SDA and FIA applications.
 
@terminal3k - I work at Future Forex. Feel free to contact us and go over the services we provide. If you are happy, we would love to have you as a client.

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Praemon said:
I've used them a number of times for arbitrage. No issues. As @backstreetboy mentions, the returns are in line with what other companies are offering for arbitrage so not "crazy", and you're limited by your SDA and FIA applications.
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This as noted above returns are pretty standard in the arbitrage world. 1-2% is what you can expect a day at the moment.

You missed the 8-20% a day in arb returns years back.

But you will be limited to your SDA and AIT from SARS and you honestly need atleast 200-400k to even make this decently viable as swift is R500 per transaction.

In short 100k would make R1k and R500 of that would be swift so you left with R500 profit.

Now that obviously scales so R1m would be R10k R500 swift left with R9500 profit.
 
An idiot and his money are soon parted.
Banks offer about the same on fixed deposit.
Far better ways to throw your money away.
 
Ray Ford said:
@terminal3k - I work at Future Forex. Feel free to contact us and go over the services we provide. If you are happy, we would love to have you as a client.

View attachment 1734225
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Smells like a pyramid scheme.
Terminal3K your bum chum.

www.news24.com

Rand manipulation: SA-born trader found guilty of forex fraud in New York | Business

Glen Point Capital co-founder Neil Phillips was convicted of manipulating the foreign-exchange market to hit a "barrier" rate and trigger a $20 million option.
www.news24.com www.news24.com

Rather look at Coronation, Allen Grey etc there will be far less tears.
 
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