Our trading signals are very profitable and affordable... I worked out the Expert Advisor and it's bringing me a fantastic profit, so do order it right now too... You can purchase my book with my trading system just at... If you pay for classes on Forex trading you will make a fortune in near future...

Do the words sound familiar to you? I guess they do. For that is what's written on most sites on Forex. There are exceptions but 95% of what they advertise sucks! You start hearing lies from the very start. Are you a smart person? If yes, do ask yourself a question - if the system is so good, why are they selling it? Why aren't they making money on it themselves?

Don't lie to yourself, if the system is really good, any person makes his own money on it. If the system sucks they try to sell it as Classes, Trading Signals, Expert Advisors or Books. Keep that in mind and you'll never be mislead.

And now let me tell a bit about myself.

I am known in the internet traders' community as Utusk. My experience of trading in financial markets is over 10 years. I am a free lance trader and I offer the service of managed forex accounts to my clients. In my trades I use the strategy of positioning trading and Forex Scalping.

I'm not trying to sell you a piece of junk as a miracle system, miracle Expert Advisor or miracle signals, my profit is my commissions ONLY! If I do get a profit it means I'm making money for the client, if I am not, I am getting nothing.

For me security of my clients' money has always been a priority. Having tried many different options I defined an optimal way of client-trader-broker cooperation.

The client opens up the account with a broker to HIS name. That means that THE CLIENT ONLY can WITHDRAW THE MONEY from this account and make other operations with it. This completely insures the client from any kind of fraud. I'm the trader and I can make trading transactions with this account but I CANNOT WITHDRAW THE MONEY. You can be certain of your money's security.

In my work I charge my performance fee basing on the high water mark basis, i.e. I charge it only when the funds on investor's account exceed the high water mark.

The high water mark is supposed to ensure the investor from trader asking for any commissions unless he made some money for the investor on top of initial investment. If he lost money and went below the high water mark he can't ask for his commissions until he makes money and goes above the high water mark. So the trader's only getting his fee on profits that go above the high water mark level.

Managed Forex Accounts
These are the standard terms and conditions of Forex Accounts Managing for all clients:
  • a standard account size of $50 K;
  • ROI - look up My strategy page;
  • the maximal drawdown of 20%;
  • my commissions are 35% from net profit

If my offer is of any interest to you, you can get in touch with me using the form on Contacts page, and we can discuss the details of our cooperation.

* I do not accept offers to manage the sums of less than $50 K. I have already reached the point when it would be of no interest to me.

* All accounts are opened in my clients' names. This is confidential information and I never give it away to third persons.

* Risk Warning! All trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in Forex. Forex trading involves substantial risk of loss and is not suitable for all investors. Do not trade with money you cannot afford to lose. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The past performance of any trading system or methodology is not necessarily indicative of future results.

FXMorgan rating is 4.53 out of 5 basing on 19 votes out of 26 clients' reviews.