Forex Trading On Funds Provided by Others

[Patuca 13]

I received an email (unsolicited) from this company. I have never traded the Forex. Is this a scam? Why would they do this? Anyone ever heard of Apiary Investment fund? Here is the link they sent me. They claim to teach one to trade the Forex and they will provide the funds.

 

http://www.free4xwebinar.com/land/za1r2v9y?utm_source=emailmarketing&utm_medium=email&utm_campaign=actionrequiredgkreissmana3112012&utm_content=2012-03-12%2010:24:24

 

Thanks for any info or knowledge you may have on this company or offer.

I am not sure if I am allowed to post a link like this on the forum? Actually I have never started a thread at all on Traders Laboratory, to my knowledge. I am mostly a lurker with an occasional post of my own. If posting this link isn't allowed I guess the moderator will take it off. In such a case I think one could just google the company. Apiary Investment Fund. I never heard of them before.

Edited March 12, 2012 by Patuca
incomplete

[Obsidian 10]

...They claim to teach one to trade the Forex and they will provide the funds.....

does that sound logical? not to me...

[SIUYA 11]

"Why would they do this? "

 

but wait, send no money now, there is more.

If you complete our course we may give you money to trade....course costs $X

Or you put in 25, we put in 100, when you loose 25 we cut you.

Plus you trade via against our market makers......

 

On saying that funds/prop houses are always looking for people, so blinkers on, blinkers off.

I would imagine that the trader receiving 20-30% of profits is generous..

Edited March 12, 2012 by SIUYA

[henryduncan12 10]

I think, it is just scam. There is alpari forex broker not Apiary. It might be that they want to collect data of traders.

[RJo 10]

You are right. From their Privacy Policy:

 

"With your consent, we will make your Personal Information available to trusted third parties who offer products and services we think may be of interest to you so that you can receive information or opportunities related to those products and services."

[kuokam 10]

Too vague at this level for me to have an opinion:

What is the cost of the course?

What amount of capital will you be allowed to trade with?

Under which conditions: broker, instruments, trading plan, draw down etc. ?

[smmatrix 11]

This marketing concept is not new.

 

Oliver Valez has been doing it for years.

 

They tell you they may hire you as a full-time trader using their money... only if you buy their course.

 

here's a link:

iFundTraders.com - Presented by Oliver L. Velez

[kuokam 10]

In London 2 years ago i actually met one of his students who seemed satisfied.

 

 

This marketing concept is not new.

 

Oliver Valez has been doing it for years.

 

They tell you they may hire you as a full-time trader using their money... only if you buy their course.

 

here's a link:

iFundTraders.com - Presented by Oliver L. Velez

[jgalt 10]

I received an email (unsolicited) from this company. I have never traded the Forex. Is this a scam? Why would they do this? Anyone ever heard of Apiary Investment fund? Here is the link they sent me. They claim to teach one to trade the Forex and they will provide the funds.

 

http://www.free4xwebinar.com/land/za1r2v9y?utm_source=emailmarketing&utm_medium=email&utm_campaign=actionrequiredgkreissmana3112012&utm_content=2012-03-12%2010:24:24

 

Thanks for any info or knowledge you may have on this company or offer.

I am not sure if I am allowed to post a link like this on the forum? Actually I have never started a thread at all on Traders Laboratory, to my knowledge. I am mostly a lurker with an occasional post of my own. If posting this link isn't allowed I guess the moderator will take it off. In such a case I think one could just google the company. Apiary Investment Fund. I never heard of them before.

 

 

They sell education courses.

[futurescalper 10]

This is almost certainly a scam arrangement.

 

But I can tell you that trading others' money is so much more Stressful than trading your own money. Especially if the account holder is a Micro-Manager type of personality.

 

Personally, I find it much easier to take risk, and take responsibility if it's my own money.

 

You must be able to take Risk in order to Profit. And if you are hamstrung by somebody looking at your results every single day, you're unlikely to do well at all.

 

Even if you trading for a good friend, s/he's always looking over your shoulder...

 

Trade your own funds if at all possible.

[fx_mdugless 10]

It seems to be a scam. People teach you trading and they give you money, risking a specific amount on a newbie trader. Definitely sounds like a scam.