I have received a number of inquiries about Forex managed accounts and how it would be managed. So Iam providing the details below for users reference.
A forex account can be managed in two ways.
1. The users funds are transferred to a common pool and I trade on their behalf. This has the advantage of realizing better returns as there are more funds to work with.
2. The user has an account and trading happens in their account directly without having to transfer funds to a common pool. Here, there is the advantage that the user can check their account to see the trading results directly. But the user will have to ensure there is sufficient funds subject to the minimum amount prescribed below.
Minimum amount with which to fund the account: $1000
The fees schedule is as follows:
| Account Size | Fee | ||
|---|---|---|---|
| $1,000 - $5,000 | 25% | ||
| $5000-20000 | 15% | ||
| $20000-$50000 | 10% | ||
| $50000+ | 5% |
The fees are calculated on a net monthly new profits method. This means that the buyer will not be charged until the previous equity high of their end of month account balance has been surpassed.
For a review of the performance you can expect based on past trading results, please click here. Past performance results are not indicative of future results.
