FX Pro Capital is offering “profitable and reliable Forex systems”.
Through their Forex managed accounts, FXProCapital is able to offer their services to retail traders for a minimum deposit of $5,000.
There are 3 different types of trading strategies. These include conservative, medium and aggressive.
Monthly returns is anywhere between 2% and 35%.
Their cumulative returns allegedly generated by all their systems combined is 5,600%.
I’ve not verified these numbers yet.
However, the good thing is that trading performance has been provided through the company’s myfxbook account.
This myfxbook account shows multiple systems traded by FX Pro Capital.
These systems in question include:
1: System 1………………49%
2: System 3………………1270%
3: System 4…………..1036%
5 Systems 6 combo …………2156%
6 System 7……………. 1440%
7: System 8…………….1360%
All of the above systems are automated. Some of the accounts traded by these systems are no longer active.
Other accounts track record and privileges have not been verified.
This makes some of their results untrustworthy…. the reason you should choose these trading systems and resources instead of putting your hope in companies like FXProCapital.
Is FX Pro Capital legit?
Ownership information has not been disclosed.
Their location is also unknown. This lack of transparency puts off many investors.
The only thing that’s clear is that FXProcapital.com was registered in 2016.
They also marketing their service through backtests dating back to 20 years.
This year we’re not finding backtests any useful because markets are dynamic and the accuracy of backtesting data cannot be established on future market behavior.
Should you invest with FX Pro Capital?
If there was a way to test the service with a small amount, it would be really worth it.
I’m looking at their most profitable trading system right now and what I can see is drawdown of almost 50%.
Trading privilege for this account has not been granted. And the last time FXProCapital traded this account was in March 2018.
I don’t know whether we’re supposed to believe that this system (system 6 combo) will be used to generate any stable returns for investors of this company.
In my opinion, this system has high draw down and is unreliable.
Conclusion
I wouldn’t recommend the services of FX Pro Capital.
Past performance for this company is questionable and the minimum return is so high at this point.
Thanks for reading our review.