Greetings,

I have opened a new managed forex fund and am now open to accept new clients. Please take a look at the site and the FAQ section to get a feel as to how things will be operated.

Please contact me with any questions:

http://www.ForexProFund.com

Greetings,

I wanted to type a short update here in the MMG Forums. Our Forex Pro Fund has been open and trading successfully now for just over a month. We expect to have performance posted on our site shortly, but must wait until it is official. We offer excellent customer service and a unique trading style for our clients. Unlike most brokers and managed funds in the market today, we only have a 10% monthly performance fee which is based only upon new profits. There are no other fees, so we literally do not get paid until you make money each month. Our minimum account size currently set to $250 USD to allow more new clients to try our Fund for themselves.

I look forward to hearing from you, have a great day.

Sincerely,

Jason Gospodarek, OD
admin@forexprofund.com
www.ForexProFund.com

Greetings and happy new year!

We have posted our performance at www.ForexProFund.com for the month of December if you are interested in taking a look.

I wish you all the best and Happy Trading!


- Jason

site loads too slow.

Greetings,

Our site ForexProFund.com is setup using a .mac account, intended for high speed connections. It does load on dial up of course, but takes a few moments longer. Of course the website to explain the fund has nothing to do with performance, trading, or results. I appreciate any feedback you can provide and thanks for the input.

Jason :>

There is 30% drawdown in this account in January.

where can i see the past performance results ? cant find it

You can find our last months trading results at ForexProFund.com under the "forex pro fund" selection. It is near mid-page.

Thank you for your time.

nope still cant see any. u might wan to post teh link here

Greetings,

I am sorry that I did have to remove to December performance numbers just today. They were on the site, but had to be removed and I am no longer allowed to post here in the forums to promote my fund based on InterBank FX's new policy. I literally just got this via email today and have copied it here for you, the last paragraph states no forum promotion and I do not want to take any risks of breaking policy. Thank you for understanding. Here is the email:

Dear,

The Interbank FX Compliance Department would like to issue a few reminders for the New Year. The Compliance Department continues to review promotional material for compliance with NFA Rules 2-29 and 2-36. Interbank FX’s policies require all Introducing Advisors and Money Managers promotional material be reviewed and approved prior to its circulation to the public. Promotional material in circulation that has not been reviewed and approved by Interbank FX may lead to termination of the Introducing Advisor and/or Money Manager contract.

The NFA defines promotional material as sales or educational literature, seminar presentations and any advertising designed to encourage attendance at such seminars, advertising (including newspapers, magazines, radio, television and direct or electronic mail), phone solicitations, newsletters, reports, a prepared sales script, internet material, hotlines etc.

If you have promotional material that has not been reviewed and approved by Interbank FX, you may submit the material via email to compliance@interbankfx.com. Our turn time for initial review from the time submitted is generally five business days.

Introducing Advisors and Money Managers who are registered with the NFA may take advantage of the NFA’s promotional material pre-review services in lieu of the Interbank FX promotional material review and approval process. If the NFA pre-review services are used, Introducing Advisors and Money Managers must submit the reviewed promotional material to Interbank FX with the NFA pre-review letter (which states the material has been reviewed and no deficiencies were noted) in order for Interbank FX to maintain adequate records. For more information regarding the NFA’s pre-review service please visit the following link: http://www.nfa.futures.org/member/promoMaterialPreReview.asp

In addition, Interbank FX would like to remind all Introducing Advisors and Money Managers that we no longer allow chat rooms, forums or weblogs. The risks of possible misleading statements are too great. If you have a website utilizing these services, we ask that you take your website offline until the chat room, forum or weblog has been removed.

We appreciate your continued business and look forward to another wonderful year.

Kind Regards,

Interbank FX Compliance Department
Direct: 801.930.6800
Fax: 212.884.0609
Toll Free: 866.468.3739

hag, I got the numbers before it got taken off and in December trading was impressive. Let's just say if the kind of figures are kept up his clients will be well and truly be having a comfortable Christmas this year.

If you don't mind me asking, what's your total fund pool now?

i cant reveal but is a nice 5 figure pool . so did you join the forex pro fund. are they using manual or robot trade.

hi

so what is the commissions rate like ?

payment methods available ??

Hi there,

Thanks for the interest. As I posted above, I am no longer allowed to post about my fund on forums due to InterBank Fx's new policy. I can tell you however, that they accept credit/debit cards, checks, and wires for deposit and the pay out withdrawals via check, wire, or through their private label debit card. The commission for our fund is now at it's lifetime cap of 25% of all new profits, no trading or other fees....only fees for profit.

Thank you,

Jason

I am quite interested in this. I have been looking for a legitimate forex MA with low deposit. I was considering FXCM MA but the 5k initial deposit is too high to start with.

Hey jgospoda, I read this review of IBFX which is a little worrying, it's no reflection on you but I'm a little concerned for you: http://www.forexpeacearmy.com/public/revie...interbankfx.com
Check http://www.forexpeacearmy.com/public/forex...eviewCount/desc, there are brokers with smaller spreads and better ratings than what you've currently got.

Hi all!!!
Please, take care... I have deposited 3500 dollars in this fund 5 days ago... now my account is 460 dollars!!!
He has lost all of my money!!!!!!

Nah, he still has another $460 to lose. Give him another day or two.

I would not invest with this person. My DD shows he is far far away from forex market. i can confirm that he is the doctor of optometry. But he was running a couple of sites that all went down for variuos reasons (lifecoachguide.com for example) and was doing a lot of MLM on various questionable products. I wonder when did he find time to learn to trade forex?

Hello Dimon,

I cannot post about my fund due to the new IBFX rules I posted on the other page, but I can post about false information about myself personally. This is the reason I was not sure I should post to any forum, but I do like MMG so I decided to give it a try. Yes, I am a Doctor of Optometry. Your Due Diligence as you listed, was a simple google search and it is not research in my opinion. I did not, nor have ever owned or ran lifecoachguide as you mentioned. I did not run a bunch of sites that "all went down". I was not in "a lot of MLM", I was in one, Xango, which I have been in for over 4 years and reached one of the highest ranks in the company. Xango has sold over a billion in their one product in 5 years and is hardly questionable. I have not recruited or been active in the business for a long time, but it did let me earn over 5 figures a month so I could leave my job as a doctor and pursue other ventures. I have not worked for anyone other than myself for the last couple of years. I am not "far far" away from the forex market as you mention. I have been trading stocks for well over a decade and forex for years. I work on the markets literally 7 days a week and have been through most programs available online + have three professional full-time mentors currently. I work from home, am not married, have no children, and forex is my livelihood. It is all I do. I cannot write more here about my fund or results, but wanted to let you and those reading know that your careless post is not even close to being accurate.

All the best to you.

Cheers,

Jason

LOL
But I feel sorry for the one who lost !!!

Hi!
I don't know what's your job or what do you do now... I only know my account in few days had lost 3040 USD.
But you don't confirm here the resuls of your fund... why?
You write to me your fund now is closed.
Is it all right?? On your web site seems is open...
Please, post your results of january...
Thank you!

Ummm, that sounds like quite disastrous performance. And the minimum of $250 is way too low to be serious. Is it a trading robot?

I think he's using both automated and discretionary. jgospoda please request permission from IBFX to show fund performance, it's impossible to make an informed decision about it otherwise.