Before I start picking contenders in my shortlist of Forex account managers, I recon that trading the Foreign currency market comes with a certain degree of risk.
Also, I have to sign a document which guarantees me a maximum draw down size.
In relation to this, you realize that people who claim to be professionals in Forex trading are obviously being dishonest, the moment they promise that your capital will be 100% safe.
Jad Capital Management makes a bold statement on their site, imploring people to use their service instead of taking risks.
Don’t you think that you’re still going to subject your capital to a certain degree of risk even if your account is being traded by a ”professional”?
The second thing that will strike you is the kind of language used to introduce their service in the first paragraph.
👉 ***Want to earn money with Bitcoin and other Cryptocurrencies without the pain and hassle of learning to trade from scratch? Imagine if you could trade and get regular results with profitable performance! Are you tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard-earned funds? If any of that rings true with you, then STOP EVERYTHING. ProfitFarmers is for you! With their software working as your Crypto Co-Pilot, YOU remain as the Pilot with total control over your money, 100% of the time. ProfitFarmers is a trading tool that combines artificial intelligence with the expertise of veteran traders to deliver high-probability trade plans right into your hands. There’s no need to spend hours trying to figure out what to trade! Thanks to their integration with Binance, the biggest cryptocurrency exchange worldwide, ProfitFarmers executes your trades from entry to exit, you just choose the trade signals you like, pick your entry price and then let your Co-pilot take over the rest of the journey. Stay informed about every step of your money-making journey through push-notifications on their mobile app. Now there’s no need to constantly worry about your ongoing trades, just let your Co-Pilot handle it for you! This could easily be the holy grail of trading tools. Forget paying a guru to trade for you and take a massive cut of what you earn. With ProfitFarmers there are absolutely NO COMMISSIONS OR FEES ON YOUR TRADES. 100% of what you earn is 100% yours to keep. Period. Last quarter, ProfitFarmers produced 1,357 trade plans, and more than 60% of them offered peak gains of over +8%. By joining ProfitFarmers, you’ll never be short on money-making opportunities. Still wondering if this is too good to be true? ProfitFarmers has a 100% Money-Back Guarantee if they don’t deliver profitable opportunities onto their platform. If you are ready to upgrade your trading game and instantly expose yourself to profitable trade opportunities, now is the time. Head to ProfitFarmers now to start trading the easier way, with your very own Crypto Co-Pilot.PS: ProfitFarmers is a Trading Tool. Your money ALWAYS remains in your Binance wallet, never on ProfitFarmers. 100% Verified and Recommended by Valforex.com.
The grammar is extremely poor, plus there is no flow at all. Sure, you might say that we are being dainty.
But consider this: a serious company that claims to handle large sums of investor capital should never use improper grammar on their site.
And even if they don’t speak English and would like to introduce their service to English-speaking clients, don’t you think that it would only be reasonable for them to hire people who can write content for them properly?
The bottom line is that Jad Capital Management website is already telling us a lot going by these careless mistakes.
They lack attention to details, and that is not a very good sign for people who claim to have the expertise of analyzing and only picking trade setups with the highest chance of success.
Having been disgusted by their wording and even the free wordpress theme which this ”fund manager” is using, we decided to try things just to give Jad Capital Management the benefit of doubt.
We clicked our way around and bumped into the application form which would essentially give us the chance to ‘fill up our details’.
However, it was at this point that we decided to query the real meaning of LPOA and POA.
Jad Capital Management website uses POA instead of a Limited Power of Attorney (LPOA) document to grant them the ability to place trades on behalf of their clients without seeking their approval every time a trade is about to be placed.
Apparently, the context in which POA is being used on the Jad Capital Management website is worrying.
Does it mean that POA gives the broker the authority to withdraw cash from a client’s account, change beneficiary or some other crucial functions of their clients’ accounts?
Anyway, clicking links on this site does not say a lot about the company Jad Capital or the traders themselves.
However, the website goes into great lengths to give information on brokers whom they work with.
Now, one broker whom they purport to work with appears to be well-regulated as they are registered in England And Australia and regulated by both the FCA and ASIC.
The second broker is also licensed in the United Arab Emirates, which gives them the authority to operate in their respective jurisdictions.
However, having found this information, we couldn’t immediately establish if Jad Capital Management was licensed or that the trading strategies they were using were regulated by authorities in some way.
In short, we can’t establish if Jad Capital Management are offering a regulated & compliant service.
Of course we love the fancy description of their packages. One product description says that clients should expect 10% stop loss/trailing stop loss, 5-10% risk factor, and so on.
Also, the homepage says that the minimum investment you can commit to Jad Capital is $10,000, yet another link on the same site says that the minimum amount of money they are accepting is $5,000.
Even with this lower amount of minimum investment, the performance fee is still 35%.
And regardless of whether we invest $5,000 or higher, we will be happy as long as profit is realized. The problem is that a performance fee of 35% is steep.
Usually, we check performance records before anything else. Oddly, this was the last thing we were checking on the Jad Capital website before writing a review.
Instead of giving us performance results on demand, we met a form entitled “fill up the information below”.
Alright, we could just fill in our details to request performance results. But now, isn’t it nice to be able to see something straight away rather than asking us to send an email for later response?
Secondly, if the results are pretty good, wouldn’t it be sensible for Jad Capital Management to proudly display them for the world to see how profitable their traders are?
We are not quite sure about this domain address http://uk.jadcapital.com/, as, among other things, we never saw their UK address published anywhere on the site.
Secondly, we were not entirely convinced from the answers we got on a chat forum from clients who had clearly copied answers that were previously given to them by this company.
Also, there is a risk disclosure and nothing else to sink your teeth into.
There is also no tangible information to answer the question of ”who we are?”.
It would be very difficult for Jad Capital Management to even get a 2 star rating because their motive is very clear.
Aside from being put off by their poor grammar, we also felt that they didn’t have a credible track record either.
And when we asked why, Jad Capital Management said that it was against the company’s policy to release performance to the public.
They also claimed that other fund managers would copy their MYFxbook trading strategies if they revealed too much information.
And now we couldn’t help but wonder how on earth this is possible. First and foremost, myfxbook has a feature that, when disabled, will render copying of results or strategies an impossible mission.
We therefore see that Jad Capital Management is not a serious fund management company, and the risk of losing some or all of your capital is very real.
Besides, we also see signs of exaggerated profit claims in some of their product packages.
Jad Capital 3 promises an attempted annual return of 100% on a trading account with $10,000.
These promises are too good to be true. Also, considering that Jad Capital has already hinted on what they intend to do,you should just take it like a second or third red flag.
Basically, people don’t trust Jad Capital due to their way of presentation and their inability to display results for everyone to see now and then.
It is for this reason that investors are hesitant to commit their money to this ”fund manager”.
We are very cautious and hesitant when it comes to dealing with this company.
Jad Capital Management has a very low public trust rating, and in that case, it would be dumb to let them trade your Forex account on your behalf.
And finally, this is good news for those who are willing to stay within safer risk parameters by not committing their funds in the hands of suspicious fund managers. Just sign up to these Forex products here.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
Valforex.com 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.