AnthonyWins Review: The Anthony Rizal Scam
AnthonyWins.com is a website by Anthony Rizal which offers investing in PAMM accounts.
This PAMM account is hosted at AccentForex, which is a dubious Forex broker.
To get started with these managed accounts by AnthonyWins, an investor must deposit at least $1,500.
When there is a profit, Mr. Rizal takes 25% while the investor keeps the balance.
Drawdown is currently at 20% while monthly return is 9%.
This is according to AnthonyWins’s myfxbook account which seems to have been manipulated in collaboration with the broker AccentForex.
Furthermore, this account’s overall gain is +14357.36% while absolute gain is just +95.79%.
These figures should be as close as possible in the event that an investment manager deposits money into his account only a few times.
However, when an investor begins to deposit money into their trading account all the time, parameters for overall gain will rise sharply while absolute gain will remain constant since this is only affected by profits coming from the markets.
And this is how Anthony Rizal manages to convince investors with a sharply rising equity curve.
Meanwhile, his website looks very convincing. The numbers make it look legit.
Also, the website was created in April 2019 yet Anthony claims he has been trading for 8 years.
Is AnthonyWins legit?
The website might look legit but his managed accounts are a scam.
Therefore, the entire thing is not legit.
Since Anthony is also a “trading coach”, you expect him to teach people his strategies and how he manages money to ensure minimal losses.
His strategy involves trading short and medium term market movements on USD related Forex pairs.
He makes use of the regular technical analysis indicators which can be found in any MT4 trading account.
He claims that risk management is kept at no more than 5% per trade.
Apart from Forex, Anthony also trades CFDs and metals.
Should you invest with AnthonyWins.com?
With the kind of cheating that goes on in his myfxbook account, there is 100% chance that you will lose your deposit.
Therefore, the obvious answer is that you should not invest in any of his managed accounts.
If you want to trade or invest in Forex, kindly look for these recommended solutions.
Can you recover money lost through Anthony Wins or AccentForex?
Yes it is possible to recover money that was lost through these two operations.
Just contact these guys and they’ll help you out after gathering facts of your case.
Conclusion
Many people fall for Mr. Rizal’s traded recommendations on his blog but the truth is that he is not a successful trader and he cannot make money for investors.
The best thing to do is to avoid such a dubious account manager at all cost.