Thanks for your comment, and I'm sure you echo the thoughts of lots of people.

I'm from the UK, and over here scams that involve misleading advertising are the responsibility of the Office of Fair Trading, rather than the FSA.

I'm sure someone will correct me if I'm wrong, but my understanding is that in the US there is a similar division of labour between the Federal Trade Commission and the National Futures Association. The NFA can discipline brokers who mislead you. Internet marketers who mislead you are dealt with by the FTC. See for example this complaint against a Nevada corporation that "disseminated or [have] caused to be disseminated Internet advertisements for their currency trading program and training."

Jim

Thanks for your comment. Our backtest used the GMT offset settings recommended for our broker in version 1.11 of the Forex Megadroid manual. That's the same setting we used initially to try and duplicate the equity curves shown on the Forex Megadroid sales page, and in our backtest for April.

If you can give us a link to some more impressive results for May we'll certainly take a look and give you our opinion.