Advanta FX Reviews

The Managing Partner is a thief and a liar. To begin with, there are no trading offices like he advertises on the website. Three offices in Philly, New Jersey and Chicago never got up and running due to non-payment of rent and utilities. He promotes himself as an FX trading guru and yet his model is based on granting 100:1 leverage to trade your account as well as huge drawdowns up to 40 % , both of which are a straight path to trading ruin ! His complicated way of payouts, explained briefly in his website is a complete maze. His agenda is to collect a capital contribution from all aspiring traders, make them blow their accounts via the huge leverage and drawdown and keep repeating the cycle thereby earning himself a living. All the positive reviews on the company are written by him. Don't give this guy a penny !

Advanta FX is this clown's third try at stealing money from the trusting who are looking to trade Forex. Stay away. Look up Black Diamond Forex, BDF Trading, and now Advanta FX. He denies being the same person in his replies on this page, but as he lies at will, and has not one bone of honest, decent integrity in his weasel self, do not trust any positive reviews on this page. There are countless others who are out $1200 and $1900 who never saw a live account. He doesn't pay rent when it comes due after the free months upfront, he doesn't pay the technical indicator providers on which he bases his trading strategies. Go visit the New Jersey, Philadelphia and Chicago Offices. EMPTY!!! This guy is the scammer of all scammers. Hopefully this and all of the other negative reviews have anyone even considering going with Advanta to look elsewhere. There are plenty of other reputable services which will deliver what they promise. Advanta is nothing but a front to fill the pockets of the owner.