Have you heard of currensee or do you have any experience with this company?

Mar 19, 2013 at 20:17
Przeglądane 866
3 Replies
Uczestnik z Feb 06, 2013   10 postów
Mar 19, 2013 at 20:17
hello,I came across www.currensee.com one week ago,and I curious about their MAM services.Sorry for my displaying that company url on here.If admin think unappropriate,please just delete the url address.

Later,one of their representatives from Boston,MA called me and invited me to invest immediately.I told her that I am not in a hurry and I will investigate furthere before I make a sound decision.

I also checked profiles of their most followed 'Trade Leaders' 'Joiny Jiang' and I suspect he is just operating a one man workshop in China.Here are some of his records on myfxbook,and his websites
https://www.joinyfx.com/2011en/
https://www.joinys.com/2011cn/

https://www.myfxbook.com/members/joiny45

I am wondering why a person with so plain performance at myfxbook can become most followed traders on their website.

In his website,he asks investors to invest $100,000 in order to get a ticket for one of his 'plans'.
Who will invest $100,000 into a person whose website support only has a 'Contact Form'?

Then I check reviews about currensee ,I found significant negative reviews about this company as well as its services.Some of top complaints include 'Ethics issues' as well as 'Posting false statements about their performance'.
Here are some of links I found online,if you are not interested in reading them,just ingore them

https://www.forexcrunch.com/currensee-forex-trading-2-0/
https://www.investimonials.com/websites/reviews-currensee.aspx
https://www.myfxbook.com/reviews/signal-providers/currensee/144243,1
https://www.forexpeacearmy.com/public/review/www.Currensee.com

https://www.elitetrader.com/vb/showthread.php?s=0348c87f6ab588aee4ad1351564e28ed&threadid=182696&perpage=6&pagenumber=7
https://www.forexfactory.com/showthread.php?t=255266

I plan to submit these links to their customer service and hope to get their reply or explanation about these issues.


Have you heared of currensee or has used their service?I do want to diversify my portfolio,and I find it is very hard to find a reliable and profitable signal service providers or MAM providers.

My own experience:always do your due diligence before investing in anything
Uczestnik z Mar 28, 2011   86 postów
Mar 20, 2013 at 12:54
Here you can find some reviews and comparison about Currensee:
https://socialtradingguru.com/

I agree with them and personally prefer Zulutrading even though it is very difficult to find reliable and consistent traders (with proven track record) anywhere.
If you plan to invest less than Currensee recommend minimum capital and using more than 1:20 leverage you can easily loose some of your capital if there is long series of losing trades before they recover.

Currensee gives a professional aura compared to many other service providers.
Their performance shows how difficult it is to get consistent profits from forex without high leverage.
To my understanding serious investors don't use more than 1:20 leverage.
Being Bearish or Bullish Makes No Difference
Uczestnik z Feb 06, 2013   10 postów
Mar 20, 2013 at 16:44
petays,thanks for prividing me so much valuable info.I did not see how much leverage traders in currensee use .I think i need to do some homework on leverage in forex trading by different traders.


I also submitted an email to the person who called me,and until now,I have not received any response from her.

I will continue to do my homework before I can find a reputable and reliable signal service provider or some MAM account managers


petays posted:
Here you can find some reviews and comparison about Currensee:
https://socialtradingguru.com/

I agree with them and personally prefer Zulutrading even though it is very difficult to find reliable and consistent traders (with proven track record) anywhere.
If you plan to invest less than Currensee recommend minimum capital and using more than 1:20 leverage you can easily loose some of your capital if there is long series of losing trades before they recover.

Currensee gives a professional aura compared to many other service providers.
Their performance shows how difficult it is to get consistent profits from forex without high leverage.
To my understanding serious investors don't use more than 1:20 leverage.
Uczestnik z Mar 28, 2011   86 postów
Mar 20, 2013 at 18:06
Meet the Leaders:
https://www.currensee.com/invest/leaderboard

When you click individual 'Leader' you will get his statistics, for example:
https://www.currensee.com/custom/profile/?ticker=LIWWK.A&lead=web&camp=default

While scrolling down the page you find numbers for max leverage and typical leverage.
You seldom find large values that are so typical to forex.
And calculating settings to get 'correct' lot size for your own investments is very tricky indeed.
I couldn't figure out how to do that and still experimenting with settings.
Zulutrade has very simple and convenient methods to control your risk and lot sizes.
I wish Currensee had similar tools to calculate your settings for each Trade Leader you are following.
Being Bearish or Bullish Makes No Difference
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