Features

  • Don’t have time to watch the market?

  • Want to diversify your investments?

  • Our Account Manager Program is for you

FAQ

1. Do I have to open my own brokerage account in order to participate in a managed account program?
Yes, you have to open a Forex trading account with our preferred broker. You open the account in your name.

2. How much money do I need to start?
We accept only accounts above $5000.

Do you want to joing our program? Select your trading strategy and join..

DEPOSITING AND WITHDRAWING FUNDS

3. How do I fund my brokerage account?
Our preferred broker accepts funding by bank wire transfers, checks, money orders, and PayPal. Ask us for more details

4. How do I withdraw funds from my account?
You are able to withdraw funds at any time you desire.To withdraw funds, you simply execute a withdrawal just as you would normally from any other brokerage account.

5. Do I need to keep my money in the managed account for a certain period of time to avoid penalties like mutual funds?
No, there are no penalties for withdrawing from the managed account program at any time you choose.

6. Does the trader for my managed account have access to my funds?
No, the funds in your Forex trading managed account are in your name at the broker which is our preferred forex trading broker. You are the proprietor of this account and the only one who can make deposits to or withdrawals from this account. The only power you grant to the trade manager for the managed program is the power to trade your account through a Limited Power of Attorney, which also authorizes deduction of the agreed performance fee/profit share ("incentive fee") stated on the Power of Attorney.

7. If I do not withdraw profits, do they reinvest -- i.e. compound -- automatically?
Yes, eventually profits left in your account will be considered an addition to principal, and will be factored into trade size calculations for future trades.

Do you want to joing our program? Select your trading strategy and join..

TRADING IN YOUR ACCOUNT

8. Once my new account is funded, how long before it will start being traded by the fund manager, when will I start seeing trades being placed?
This varies according to the trade strategies used by the program in which your account is participating. Sometimes it will only take hours before you see the first trades being placed, and sometimes more than a day.

9. How do I verify the status of my account?
When your managed Forex trading account is opened at our broker, you are issued a Username and Password which enables you to view and monitor the status of your account 24 hours a day. Through this Login, you can view a complete history of all closed trades as well as the status of any open trades.

10. If I have a question about trades in my account, who do I contact?
You can send as many emails you consider necessary for clarifying any doubt or questions related to our managed account program. Our support processes emails 24/7 and tries to answer all incoming mails within a 24 hours period. We kindly remember our clients to consider that with a managed account you let the trader do the trading and periodically evaluate the results, however frequently you wish. We post monthly results here which you can also check.

11. Can I open or close trades in the account that is being managed for me?
No. A managed account can only be traded by the trade manager you authorize with a Power of Attorney. You can revoke the Power of Attorney to regain the ability to place trades in the account yourself, and then it will no longer be a managed account.

Do you want to joing our program? Select your trading strategy and join..

FEES

12. How is profit share/performance fee calculated? What if there is a loss?
At the end of the first month after your account begins trading, if there is a profit, the broker will deduct the performance fee/profit share, technically called the "incentive fee", that has been authorized on the Power of Attorney you sign when opening your account. Each month they will do the same. The incentive fee is a percentage of the net profits per month from the "watermark" of previous highs. If there are no profits in a given month, there are no incentive fees. The high equity point established after incentive fees are calculated creates the "watermark" which must be surpassed before any future profits may again be calculated. Example: you start with $10,000 in an account with an incentive fee of 45%, and during the month there is $4000 in gross profit. The incentive fee deducted would be 45% of $4000, which is $1800, so your net profit would be $2200, and your account would now have a "watermark" new balance of $12,200. If in the next month there was a loss of $1000, there would be no incentive fee deducted, since there is no profit, and your new balance would be $11,200. Your "watermark" is still $12,200. In the third month, if there was $3000 in gross profit, then the incentive fee would be calculated on only $2000 of that, since the first $1000 in profit gets your account back up to its "watermark" of $12,200. So the incentive fee would be 45% of $2000, or $900, and your net profit for that month would be $2100 (which is $1000 + $1100), and your new account balance would be the new "watermark" of $13,400 (which is $11,200 + $1000 + $1200).

13. When is the monthly profit share/performance fee deducted from my account?
The monthly profit share, or incentive fee, is usually deducted by the broker on or near the first of each calendar month. Only the broker can say exactly what date they use, however, though generally you can expect it will be about the same time every month.

14. Do I have to pay taxes on profits made in a managed Forex account?
You are responsible for paying all taxes on your income, according to the laws of your country. Profit made in your managed Forex account is income in every classification of which we are aware, upon which taxes would be due.

Do you want to joing our program? Select your trading strategy and join..

FOREX

15. What are the benefits of portfolio diversification, such as by opening a managed Forex account in addition to my other investments?
Here are some reasons to diversify.
1) Investment advisors have always advocated diversification.
2) Most investor portfolios are heavily concentrated in the stock market and or bond market.
3) Most of the 8,000 mutual funds are highly correlated to each other and the market.
4) Protecting yourself from the risks associated with investment concentration is important to your financial well being.
5) Forex is not correlated to the stock market, so it provides true diversification to lower your overall investment portfolio risk.
6) Forex offers profit/loss potential regardless of market direction, unlike some other markets (no "Bear" Market).

Do you want to joing our program? Select your trading strategy and join..

Do not see your question answered here? Please contact us!

 

 

FOREX RISK DISCLOSURE

Trading in the forex market is one of the riskiest forms of investment available and suitable for sophisticated individuals and institutions.  The possibility exists that you could sustain a substantial loss and should not invest money that you cannot afford to lose.  In volatile market conditions, stop and limit orders become market orders to be filled at the prevailing price.  Stop-loss or limit orders do not always guarantee a fill, especially during fast moving market conditions, such orders may not be filled as placed and substantial losses may occur.

In volatile market conditions, stop and limit orders become market orders to be filled at the prevailing price.  Stop-loss or limit orders do not always guarantee a fill, especially during fast moving market conditions, such orders may not be filled as placed and substantial losses may occur.