FREQUENTLY ASKED QUESTIONS
Once you have your account set up, we integrate our algorithm with your broker trading platform (MT4) and run this on our secure dedicated servers, meaning you don’t have to even have your computer on or broker account open to receive our trades. The algorithm has set parameters and once these are met will open trades with a target price for profit and a stop loss if the trade goes in the wrong direction. Your account risk will automatically adjust as your balance increases allowing you to compound your profits going forward.
Although we have to integrate your account to our dedicated servers, the funds remain completely in your control, you can close any positions and withdraw funds at any point! All we are doing is setting up our trading algorithm to execute and manage trades on your behalf. By law, funds in your regulated trading account can only be returned to the primary source, so if you fund via debit card your funds will have to be withdrawn to that same card used, this is anti-money laundering policy all regulated brokers must adhere to.
No, all trade management is handled by the algorithm, you will see the open trades when you log into your broker's account, but we strongly recommend not to interfere with these as the statistics are based on long term proven strategies, there will be periods of stagnation and drawdown but this is expected in any type of trading. The reason most people fail at trading is that they get emotionally involved, this algorithm was designed to take that emotional aspect away.
We continually test a few of the worlds leading brokers, many things like spread costs, slippage, finance costs can have a large impact on the account performance so we monitor these on an on-going basis. We have deals in place with these brokers to offer our members the best rates. We will let you know what broker we currently use during the set-up process, rest assured we will only direct you to trusted and regulated brokers with years of good track record.
Due to the high frequency of trades, there could be several trade positions open at any one time, we recommend a minimum starting balance of £2000 GBP. It would be ideal, if your finances could afford to start with £5000 GBP or more, that would be better. However £2000 or more will then be in line with the past performance risk management settings at minimum trade size positions, any less than this would be over risking on the individual positions.
No, there are no upfront costs, no administration charges for first 6 months. However, we do have overheads per member like server and administration costs, so we need to charge a small monthly fee of £48.00 (first 6 months free) to cover these ongoing business costs, we then make our money as your account grows and start paying quarterly bills for 25% of profit.
We invoice our members every 60 trading days and charge 25% of any profits made during this period. If our member's accounts have made no progression since the last invoice we won’t charge anything more than the member administration fee of £48.00/month. So many trading companies out there charge large upfront costs then they lose interest in whether their clients make any money.
Approximate billing dates:
3rd May 2021
2nd August 2021
1st November 2021
1st February 2022
Although we have a great track record and a very stable performance over the last 3 years, during some very challenging economic and political times, there will be peaks and troughs throughout the year depending on market conditions. Our members should expect to see stagnation periods and periods where the algorithm is in drawdown. We cannot guarantee income or success but we do declare that the information we have given is accurate and correct. Please only risk capital that you can afford to lose, we don’t envisage this happening but when you treat your account as a passive project and are not reliant on the income from it, this means you won’t get emotional and will give it time to mature and let the longer term statistics play out. This is not a get rich quick system or scheme, this is sensible and proven way to trade the FX markets long term.
The Algorithm was developed to execute trades in both buy and sell directions, using different strategies for trending markets and ranging markets. We have had consistent results throughout the turbulent times of the Trump Administration, Brexit and more recently the Corona Virus Pandemic taking buy trades as the markets rise and sell trades as the markets fall.
You can view your performance at any time by logging into your regulated broker's account. You will be able to view all open trade positions and account history, your broker will also send you a daily statement after the market closes each evening. As mentioned above we try to condition our members not to concentrate on the daily or even monthly performance, this is the reason we only charge our fee’s every 60 trading days to allow your account to mature and compound. In our opinion, there's no benefit in watching all the daily peaks and troughs of your account, we will only accept new members that understand that this is a medium to long term opportunity.
The algorithm can take thousands of trades per year. Trades can be taken many times a day or not at all depending on market activity. Typical trades can run for just a few hours through to several days or longer. We have had clients get in touch enquiring how to purchase and learn the strategy so they can implement it manually themselves but this would require monitoring the charts for twelve hours per day and dealing with the emotional strain of placing that amount of trades, so we recommend letting the algorithm take these straining factors away.
A drawdown is the reduction of one’s capital after a series of losing trades. This is normally calculated by getting the difference between a relative peak in capital minus a relative trough. Traders normally note this down as a percentage of their trading account.
Compounding a forex account is a money management technique that lets you take the money you had made in profit and reinvest it, even with small daily and monthly gains you will build up your trading account capital in an exponential and highly profitable way. We have had an average return 14.5% per month over the last three years, this is only 0.725% per day, now although this doesn't seem a lot, this has equated to just over 148x capital return, below are three examples of compounded returns over the last three years depending on starting capital:
£2000 GBP X 148= £296,000
£5000 GBP X 148= £740,000
£10,000 GBP X 148= £1,480,000
Although these figures seem unrealistic it is just mathematics, we have a measured and managed way of making a good average return per month in a consistent way without any manual work involved, all we need to do is sit back and let our capital work for us.
We integrate your trading account into our secure dedicated servers based in the USA.
This means your account is securely running 24 hours, you wont need to have your computer or trading platform open at all.