How it works
The first step once you are ready to invest is to go to our Recommended brokers Link and fill in all of your contact
details. Then They will send you all the details of what to do next, such as opening a brokerage account where our master account is.
During the online brokerage application you will need a photo ID such as a passport or driving license, as well as proof of address. The broker will not accept you without these two things. If you are opening an account via a company they will also ask for your corporation documents. The trading account will normally be approved within 24 hours and you will be sent a welcome email with funding instructions.
Once your account has been approved you will be sent the LPOA form to sign. You may then go ahead and fund your trading account directly. Once you have funded your account then the trading will start almost immediately. You will be given a download link from the broker to an MT4 trading platform, where you will be able to view all live and historical trades, as well as being able to view the P&L.
Managed forex accounts offer total transparency compared to a typical fund. With a forex managed account your funds are held by you and only you, as opposed to a typical fund where your money is held by the fund manager and this places you in a vulnerable position.
A managed forex account protects you, as you would retain complete control of your funds in an FCA regulated brokerage. You are the only person that would have access to your funds and the only person who can withdraw those funds.
You can also withdraw your funds at any time without penalty or stop trading at any point if you don’t like what you see. This puts you in control of your investment.
New technology has made this possible, as now you are able receive the trade team’s trades in your personal trading account via a piece of software called a MAM (Multi Account Manager). The MAM is the MASTER account and is assigned to the trade team and the investors’ accounts are connected to the master account and recognized as followers so they receive the exact same trades instantly but with one distinction, the software will automatically calculate the position (LOT) size for each independent investor. This ensures that the risk is the same for each investor as well as the profits etc. So if there is a 5% gain in the trade team’s account then the clients would also receive a 5% gain in their account.
The trade team do not charge a mgt fee only a (PF) performance fee, which is purely based on results. The PF is 50% for a standard account, however if you are large investor then we can reduce this down depending on the amount you initially want to invest. The PF is based on what is called a (HWM) high watermark and this ensures that it is fair for the investor at all times.
Example of HWM.
You start with $10,000 in an account with a performance fee of 35%, and during the month there is $1,000 gross profit. The performance fee deducted would be 35% of $ 1,000, which is $350, so your net profit would be $ 650 and your account would now have a "watermark" new balance of $10,650. If in the next month there was a loss of $100, there would be no performance fee deducted, since there is no profit, and your new balance would be $ 10,550
Your "watermark" is still $ 10,650. So there will be no performance fee deductions until you get past your current "watermark".
There are absolutely no lock-in periods or penalties for withdrawing your funds. You can withdraw your funds the day after you fund your account if you so choose and you will not be charged.
We want to be fair, ethical and transparent to our clients at all times and want our clients to feel confident to continue with us based on our results rather than locking them in to a contract. The only paperwork that you need to sign comes from the brokerage and once signed allows us to trade your account.
The first step would be to open your account at the broker where the trade team have their MASTER account. When you contact us we will direct you to this broker.
You would need to fill out the broker online application form and provide a proof of address and photo ID. Once your account has been approved you will then be able to fund your account and as soon as you have funded your account then trading will commence. This can all be achieved within a matter of days.