Review of think huge investments – forex managed account

Well lesson learned there! Do not judge a book by its cover, so to speak. I already hated the name before I even started my review of think huge investments. What can I say? Be cruel to be kind and give them 1* for the name alone! Fortunately with my reviews, I am not that cruel and I do delve deeper.

You will probably want to have a look at this ASIC regulated managed forex account that has produced in excess of 800% in less than 3 years – Equitimax.

To compare cutting edge Forex Managed Accounts with an easy-to-use interface, fill in your details in our enquiry form, and we will get back at you with up to 4 FREE quotes for you to assess and review


GET FREE QUOTES

I have to admit I was pleasantly surprised when I clicked on the think huge investments website. Much as I think the name is ridiculous, their website looks very professional and I noticed straight away that they are aligned with Axitrader.

My first stop as it almost always is was to the contact us page where I noticed there is a UK telephone number and an Australian telephone number. They offer to call me back if I entered my details, but I always think this is a bit of a trick, because then they have got me!

I am not inclined to offer myself up so freely. Also there is the option for me to have an online chat, by clicking on the live help button. Sadly there was no office address or location listed on the contact us page, in case I wanted to pop in and see real people sitting in a real office, with uniforms and everything, but they do say that they have staff located in Sydney and London.

Regulated in London or Australia – its unclear?

My next scroll was straight down to the bottom of the page. My second favourite discovery is when I find a company is authorised and regulated by all the appropriate bodies. Lovely! Let’s move on. Well not quite so fast. They are ASIC regulated and think huge investments is a Corporate Authorised Representative (CAR) of HLK group which holds an Australian Financial Services License.

OK, so far, so good. I do find this a little confusing though. I suppose it means that the HLK group have done their due diligence on think huge investments or they are not going to be associated with them. Does that mean that the actual traders or the strategies are authorised and they have to act within regulatory guidelines? What they do say is that 3rd party auditing allows the performance of the traders to be tracked and monitored in real-time. This must be myfxbook, and their traders have all been trading for 5+ years.

Ooh! Another lovely thing to get excited about, they have actual client reviews on the website. Of course a company probably wouldn’t put anything but positive reviews on their website, so it is always a good idea to see what I can find elsewhere.

Maximum Draw down of 40% – Ouch

I suppose the negative is that I don’t have $10,000 to invest and this is their minimum investment level. 30% performance fee seems about standard for all the reviews I have done so far. The other thing that feels negative but they are clearly stating it in their investment mandate is this; 40% peak to trough maximum drawdown. Perhaps they all do that, but think huge investments actually lay claim to it. Does this mean I could be the unlucky one?

I cannot always go and knock on the door of these companies because they may be anywhere in the world, but I like to know that I could if I wanted to…. Or at least, somebody could! So step one is the internet search, step two is going through the website with a fine tooth comb, looking for regulation and how professional they are, what they are offering, and their performance results. Step 3, if they have made the shortlist, is then to contact them.

They certainly appear to be who they say they are, and I didn’t find any bad press. Unfortunately they have not made my shortlist based on the fact that I do not have $10,000, and I couldn’t sleep at night with a 40% drawdown. I would like to have given them a 3 if I was just looking at the other two strategies, but with that peak to trough drawdown on the viper strategy which I found as part of my research, it simply has to be a 2 out of 5 score from me.

These reviews are for my purpose alone, so don’t take my word for it. Enter your details above and let Acorn 2 Oak assist you with their expert advice and use their free service to compare all the managed fx providers in one place. Find the right managed forex accounts based on what you are looking for with Acorn 2 Oak.

To compare cutting edge Forex Managed Accounts with an easy-to-use interface, fill in your details in our enquiry form, and we will get back at you with up to 4 FREE quotes for you to assess and review


GET FREE QUOTES
Written by:

Martin

Content Manager

Martin is a seasoned professional in the forex industry with a wealth of experience in web development and content creation. With a career spanning over a decade, Martin has established himself as a skilled and knowledgeable individual in the field.

Leave a Reply

Your email address will not be published. Required fields are marked *