SCAM Sainmaco

[cocochip]

Hi All,

Just wish to share my unpleasant experience with Sainmaco. Its a copy trade FX. So the chance of you making money is almost impossible.

If you win they take a 20% cut.
If you loss, u loss 100%.
If you transfer money out. they charge you a USD 40 bucks. then ur local bank still charge u another fee. and fx charges.
Best part is their so call expert trades are making so much losses without stop loss.....;(

 

[crimsontactics]

Hi All,

Just wish to share my unpleasant experience with Sainmaco. Its a copy trade FX. So the chance of you making money is almost impossible.

If you win they take a 20% cut.
If you loss, u loss 100%.
If you transfer money out. they charge you a USD 40 bucks. then ur local bank still charge u another fee. and fx charges.
Best part is their so call expert trades are making so much losses without stop loss.....;(

Did they tell you the T&C clearly?

If they did, it's not a scam.

Sent from . using GAGT

 

[cocochip]

not 100%. just some of it...
just hope no more victim

 

[Perisher]

etoro or something also does copy trade...?
not sure how many people actually makes $$ off these.

 

[cocochip]

haven heard of that.
but don't trust their so call fantastic track record.

 

[Shion]

Win, take 20% cut
Lose, 100% lose

100% win for Sainmaco, 100% lose for clients

No ?

 

[cocochip]

Win, take 20% cut
Lose, 100% lose

100% win for Sainmaco, 100% lose for clients

No ?

that's so true

 

[Facemirror]

Positive Experience

Hi All,

Just wish to share my unpleasant experience with Sainmaco. Its a copy trade FX. So the chance of you making money is almost impossible.

If you win they take a 20% cut.
If you loss, u loss 100%.
If you transfer money out. they charge you a USD 40 bucks. then ur local bank still charge u another fee. and fx charges.
Best part is their so call expert trades are making so much losses without stop loss.....;(

Hey bro, I also using Sainmaco, the charges is by bank la, not them and to be honest the ones I am copying has made me money, who you copy on their platfrom?

 

[alexchia01]

Hey bro, I also using Sainmaco, the charges is by bank la, not them and to be honest the ones I am copying has made me money, who you copy on their platfrom?

Hi bro, you have only 1 post and it's about promoting a scam platform.

Everyone knows copy trades don't work.

I'm sure you don't make money using their platform, but just working for them.

 

[alexchia01]

Hi All,

Just wish to share my unpleasant experience with Sainmaco. Its a copy trade FX. So the chance of you making money is almost impossible.

If you win they take a 20% cut.
If you loss, u loss 100%.
If you transfer money out. they charge you a USD 40 bucks. then ur local bank still charge u another fee. and fx charges.
Best part is their so call expert trades are making so much losses without stop loss.....;(

You forgot to mention that the trader whom you copy trades from also make a cut, so their spread is usually bigger than others, as they give part of the spread profit to that trader.

 

[cocochip]

perhaps u take a snap shot of ur trades...

 

[cocochip]

totally spot on bro...

 

[alexchia01]

totally spot on bro...

I know because they approached me before to become one of their master traders.

I look at their spread and said ridiculous because I'll also have to use their platform too and subject to their spread as well.

As a Day Trader, accuracy of entry and exit is very important, with their spread, I can't enter and exit accurately. So, I'll never use their platform.

Who becomes their master traders? People who can't trade and only there to get as many followers as possible and earn their spread commission.

 

[cocochip]

I know because they approached me before to become one of their master traders.

I look at their spread and said ridiculous because I'll also have to use their platform too and subject to their spread as well.

As a Day Trader, accuracy of entry and exit is very important, with their spread, I can't enter and exit accurately. So, I'll never use their platform.

Who becomes their master traders? People who can't trade and only there to get as many followers as possible and earn their spread commission.

Now you have painted the complete picture..
U doing full time trading?