ET FX Consultants Review: Are they Scam or Legit?

ET FX Consultants Review: Are they Scam or Legit?

ET FX Consultants is a platform offering managed Forex accounts in 3 different types of investing accounts. The domain was created in January 2016 but the identify of the person behind it masked. That means we cannot find out who owns or operates ET FX Consultants. We have to depend on what they tell us about themselves.

According to the sales page, the activities of ET FX Consultants is governed by a London-based company called ET CONSULTANTS LTD. They cite the address 18 King William Street, EC4 London on their site as well as a phone number (+44 7867031779) and an email address.

They believe that results in market research can help reveal hidden trends but a good investment partner can help make things easier and more efficient. The website is overwhelming with thick text and language that is not very coherent. As a customer, one might decide to skip all these things and go ahead to sign up for a service that they have not familiarized themselves with.

If you somehow stumbled upon this site and are wondering whether it’s legit, this review will help you make an informed decision.

Note: Looking to trade FX affordably? Click here.

ET FX Consultants Review

ET FX Consultants claims that their trading results are stable and that they will provide outstanding yield. They have a variety of products with different features. One of the distinguishing features is the minimum deposit that is required to open these accounts. The managed account service also claims that clients can earn anywhere between 5-15% returns a month. Some of their investment packages combine more than one trading strategy to give the best results as far as changing market conditions are concerned.


👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it.  What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.

Click Here To Buy Now

The managed account service lists some of the supposed advantages of working with their service. One of the outstanding features is the freedom to withdraw money at any time because ET FX Consultants does not implement lock in periods for their customers.

Secondly, their fees are charged based on high water mark method so that clients can only pay performance fees based on the profit that was made in that month. Again, this fee model favors the client as opposed to the fund manager because it ensures that they deduct their fees when the account balance is greater than the previous balance.

Throughout the website, we see that ET FX Consultants is working with a number of Forex brokers. One of them is called FX Primus. These are regulated brokers but this does not guarantee the safety of our funds since the ET FX Consultants is the entity that will be managing our funds. Although the idea of depositing with these brokers is appealing to would be investors because funds are stored by the broker as opposed to ET FX Consultants, the risk of blowing up your account is real. That is why we need to find out if there is past performance or trading performance. If they can provide us with their performance record, we can do a complete analysis and decide if ET FX Consultants is offering a unique product.

ET FX Consultants investing packages

There are 3 different types of investing accounts but it appears that this company can tailor their offering according to our needs. So this makes the 4th account. The first account is called JRO Quantic and it requires a minimum investment of 10K. Monthly returns is anywhere between 5% and 10%. This account has no management fees but performance fees is 35% which is subject to high water mark. They are using the broker STO which is allegedly holding the funds of their clients at segregated accounts located at Barclay’s Bank UK.

They claim that this account is traded by award winning traders but these traders have not been introduced anywhere on the site. It is hard to verify these claims, and unless we want to blindly trust them, chances are that we will have a hard time trusting these guys with their claims. And they are also claiming that they are transparent. We don’t know how true this is because already we are seeing elements that make us doubt their transparency.

The second account is called Easy Neu Alpha Partners SA and it targets a monthly return of 7.5%. It seeks to offer capital protection of 70%. In other words, maximum draw down can only be 30%. This is considered high draw down by all standards. And the performance fees is 40%, Again, this is beyond industry standards as most fund managers will charge slightly less. The minimum investment is $1,000,000.

Taylor-made account is the third type of investment account with the same minimum deposit requirement as Easy Neu Alpha Partners SA plan. They claim that customers will have 24/7 access with this account among other benefits like access to daily reports and unique trading strategies according to the liking of the customer.

These plans look good so far. However, we are just wondering if this managed service provide can show us their trading results for the last 2 months or so.

ET FX Consultants trading performance

After spending some time browsing this website for trading results, we found none. The site has no link to their trading results page. If they claim to trade Forex on a daily basis (some of their traders allegedly have 65 years of experience), they should have no problem showing us what they have been doing.

While we’d really like to trust them for what they do, the fact of the matter is that it can be hard to trust a website claiming to offer fund management services and asking a large chunk of your investment without first proving that they can truly generate a ROI for you.

Our best advice for you

ET FX Consultants is selling their service just like any other fund manager out there. They are somehow not standing out from the rest of the competition out there. And with no trading results to showcase their work and prove to us that they trade with experienced professionals, we can’t give them our trust fully. In the meantime, you can capitalize on these affordable trading resources.

Leave a Reply

Your email address will not be published. Required fields are marked *


Follow Us will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.