Forshaw Capital Group Review

Forshaw Capital Group offers consulting services in a managed forex account, project funding, land and property investments, asset monetisation and financial instrument issuance. This review will focus on their managed forex account services and present more details about what Forshaw Capital Group is offering. We will review their trading strategy and the performance results.

Forshaw Capital Group Overview

According to their website, Forshaw Capital Group is a British-based consulting company that “helps clients raise capital for project funding, and we have access to funding solutions that are diverse”. Behind the company stands a “small group of Experienced Professionals who provide Independent and Confidential Consultations”.

There are no more details about the Forshaw Capital Group team, but they have provided a phone number, email, and office address for contact.

As mentioned, the company is focused on providing consulting services for various property projects. They also have managed the forex account service that we will explore now.

Forshaw Capital Group Managed Forex Account Service Review

We have checked details about the service provided by Forshaw Capital Group on their website. They have devoted a special section on Managed Forex Account and Manage Forex Investment. However, the information showed on both pages is somehow confusing.

They mention “Our Partner”, who is “directly involved in the structuring and development of the Managed Forex Account offering with an FX Trader,” but it doesn’t become clear who this partner is. In our understanding, Forshaw Capital Group is only consulting clients to transfer them to their partners, i.e. they are affiliates to this “partner”.

In the next paragraph, they talk about The Forex Trading Company and the structure they have. The managed forex account is operated by two leading forex traders, who the company claims have over 20 years of experience. Their job is supported by Junior Traders who only assist them without touching “real money” for at least 18 months.

According to this information, this team of traders use a day trading approach, enabling them to scalp the market and get in and out quickly.

The following section talks about the security of funds. Here, Forshaw Capital Group gives us a little more details, saying that “In regards to the safety of client funds, and client money rules.

The FX Traders have to use a liquidity provider, which is UK FCA regulated to hold a client’s funds. The main company they will be using for this service is CFH Clearing Ltd”. We have run a background check on CHF Clearing, and we have found that this company now is under the name Finalto as the TradeTech Group purchased them.

Final is a legit company as they are regulated by several authorities, including the FCA in the UK, Australian Security and Investment conditions and the Monetary Authority of Singapore.

Forshaw CG Managed Forex Account Performance Results

The trading strategy used by Forshaw CG, “Experienced Discretionary Trader”, is explained in more details in their Managed Forex Investment. The trader adopts a purely technical approach using price, technical patterns and trend formations to map market entry and exit using a precision’ low risk’ order.

To illustrate the strategy, there are screenshots provided. The latest entry in these sheets was in 2020. Underneath the exemplary trading sheet, it is pointed out that clients need to open an account with another brokerage Scandinavian Capital Markets.

We have checked both FX Blue and myfxbook for performance results of the strategy mentioned by Forshaw CG, but we couldn’t find any. There weren’t also any accounts connected with Finalto or Scandinavian Capital Markets.

Forshaw Capital Group Conclusion

At a glance, Forshaw CG impresses with their well-designed website. However, we found the information written there vague and somehow unclear. Furthermore, the site hasn’t been renewed recently as they haven’t reflected the change in the name of one of their partners.

Additionally, we couldn’t find any customer feedback on their managed account service, which makes us conclude that they don’t have intensive traffic towards their website and services.

Pros:

► Details about the company and its whereabouts

Cons:

► Vague and unclear information about how the managed forex account service works