Mabeco Consulting Review
Mabeco Consulting review: minimum investment is $50,000 or its CHF equivalent. Annual management fee is 2.4% invoiced monthly. Trading strategy is not clear and verified results have not been provided either. Read this review to determine whether this is a viable investment opportunity.
Welcome to the review of a managed account provider known as Mabeco Consulting AG.
The domain extension “AG” suggests that the domain belongs to people who reside in Antigua and Barbuda.
Mabeco Consulting also claims to be a member of Polyreg (a regulatory authority for people or legal entities domiciled in Switzerland and are providing financial services).
Their managed Forex services were allegedly started in 2007. We’ve checked who.is and found that this information is not public.
The only clue we have is from the official website of Polyreg which indicates that indeed Mabeco Consulting is their member and has been registered with them since 2009.
It’s quite possible that this fund manager has existed for 10 years now.
Mabeco Consulting also claims that they’re not your typical asset manager. They believe in “collective intelligence”, artificial intelligence and machine learning.
They claim that Mabeco is always looking for new insights, innovations and solutions in order to produce “above average returns” in all market conditions.
They want investors to know that their managed account services were started with the aim of providing the “discerning investor” with a service that was initially reserved to the high-net worth investor.
The minimum deposit for their managed Forex account is CHF50,000 or roughly USD51,100.
They claim to have partnered with brokers and financial institutions like SwissQuote Bank AG, GBE Brokers and Blue Suisse.
Blue Suisse is licensed in Malta and is offering Forex and CFDs trading instruments. Their trading conditions seem good except that their minimum deposit is quite high.
Mabeco consulting managed Forex accounts and automated systems are developed for more performance at your “depot”.
They believe that growth, sustainability and long-term results are the pillars of their company.
They tell us that big data and machine learning has motivated them to develop new strategies and every investment decision is “highly technological and systematic”.
With all of these promises, the community is likely to believe that Mabeco Consulting AG is the best managed Forex account provider.
If there is some truth in these marketing declarations, we will quickly find out in this unbiased review.
Mabeco Consulting AG review
The operators of this Forex managed account service can be contacted by phone (+41 41 552 03 – 13) or email ([email protected]).
The presentation is quite professional as it gives the feeling that this fund manager is targeting serious investors.
This style of marketing is commonly seen on the internet. Check websites for managed Forex account providers like Aman FX Traders or Win FX.
Nevertheless, we’re interested in finding out what strategies they’re using, returns that have been netted and whether or not they have fair fees.
Their Forex managed accounts are advertised with promises such as “above average performance, full transparency and control and ease of entry (CHF50,000)”.
They claim that Mabeco Consulting is offering higher returns than traditional asset management.
Strategy reports can be downloaded directly from their website. However, to do so, clients must provide their name and email address.
While they believe that 50,000 USD is a low-entry barrier, the average Forex managed account service has investment packages with a minimum deposit requirement of $5,000 or less.
Therefore 50,000 USD is not necessarily a small figure. It is someone’s lifetime savings.
Besides this, Mabeco offers automated trading solutions to investors who want to automate their trading or those who want to buy a ready developed trading algorithm.
Investors interested in either of the above products can schedule a one on one consultation from the official website.
While the website contains periodic strategy reports, the trading strategies used by Mabeco are not highlighted clearly.
There’s a brief explanation regarding trading strategies used by their trading algorithms. They claim the following:
Each individual system is adapted to the respective market by specific parameters. By analyzing extensive market data in real time, entry and exit signals are programmed. For data analysis, mostly quantitative methods are used.Our strategy is a dynamic currency trading strategy with adaptive trade adjustment. Based on a non-directional trading approach, the strategy seeks to gain profits on market price volatility.
The above statement is quite vague as it does not provide deeper insights as to what trading approach the company uses to manage their customers funds.
In addition to this, they’re not providing details regarding their risk management style.
We would like the team to avail these details on their website so that investors can analyze them without initiating any form of communication with the site admins.
Mabeco Consulting has highlighted their trading performance in their strategy reports. However, it’s quite difficult to authenticate these results since no third party auditing has been involved.
Mabeco claims to trade major pairs in the Forex market. This means that they’re using MT4 Forex brokers. It shouldn’t be an uphill task presenting these results on a statement sharing platform like myfxbook.com.
This way, there would be more transparency when it comes to presenting results. As it currently stands, we don’t have verified results on this website yet.
We need Mabeco to sign up for a myfxbook so that they can present credible results of their trading activities.
Our initial impression of Mabeco Consulting AG was quite positive.
However, we’ve been disappointed by the fact that their trading strategies are not clear and they’re not providing verified returns from their trading activities.
In addition to this, we have not seen any reviews from real clients of this fund manager. This review would therefore serve as a platform for investors to air their opinion regarding this Forex managed account provider.
Thanks for reading Mabeco consulting review.