Greetings and thank you for the feedback,

That post was over a year and a half ago, so I have updated feedback.  I change my recommendation from "highly highly" to "be wise".

I was an investor for a time with Currensee.  The issue with Currensee isn't the business model (the model is brilliant), the issue lies with the Trade Leaders and how people select leaders to manage their money.

The returns you see on the website are real (they use mark-to-market reporting so you can't hide bad trades), but the model tends to give incentive to trader who makes several trades per day and wins 70% or more of their trades.  It isn't that hard to win 70% of your trades if you win $10 when you're right but lose $200 when you're wrong :p

This model results in a vicious cycle of Trade Leaders - a person has a good 6 month track record due to luck, he is placed on the leader board, he blows up because he doesn't understand risk control and isn't able to cut his losses.  Currensee is catching onto this fact and they have started being more selective in their process.  It is my belief that these are growth pains of the company and eventually they will learn to select leaders better.

In my opinion, the way to avoid this cycle is to only invest with leaders who have been on the list longer than a year and have max winning trades significantly larger than max losing trades.

I closed my investor account because I believe myself to be a better risk/return proposition.  If I would have stuck with my initial trade leader (the most popular guy) and walked away, I would be up 135% (before fees) to-date.

The reason I was so enthusiastic about the company in the past (and I still am), is that it reward for performance only.  But as always, "buyer beware!"