Frequently Asked Questions
The minimum investment is $1,000 USD
The copy software used to copy the trades from our account to yours costs $19 per month, however we have made a deal with our favourite broker, and they have agreed to cover the entire cost of this (for life) if you sign up with them through our link. In other words…
Aside from that, there is a cost of 30% of profits, payable only AFTER you money make the money, and calculated on the high water mark. If you don’t know what that is, check out the next question
At no point at all in this process to we have any access to your money. Here’s how it works…
You create your own account with a highly reputable and regulated forex broker. You deposit your money with them, not us. Now you set it up so that our trades are mirrored on your account.
While we do have access to place trades on your account, we do not have access to withdraw any money. At the end of the month, we send you an invoice, and you pay to keep your access. So technically, you could steal our money (since we don’t invoice you until after the money is owed), but there is no way we could possibly touch your money, we just don’t have the access.
Fees are charged according to the high water mark. This is best explained with an example. Let’s say you invest $5,000, and you make $1,000 in month 1. The fees are 30%, so you pay $300. That’s all good.
Although we have a pretty stella history, sooner or later we’re bound to have a bad month, so let’s say month 2 we lose $200. There was no profit, and therefore no fees. Now let’s say in moth 3 we make another $1000. Since we were down $200, you only pay fees based on the remaining $800 ($1000 – $200) profit. So 30% of $800 would be $240.
Yes. This is an investment… a very high return investment. While there are some things that you can do to minimize and limit your risks, it is still possible to lose money. If you are not comfortable with that, this isn’t right for you. Please don’t invest money that you can’t afford to lose.
Legally or ethically I can’t give you a direct answer to this, even if I wanted to. For a start, it will depend on how much you deposit, and what level of risk you take (this is explained when setting up the account). Aside from that, we don’t have a crystal ball and can’t possibly know how much profit the markets will give us.
Having said that, we are more than happy to share our past results with you, which will give you a good idea of what you WOULD have made with us if you had invested up until now. Check out our Past Performance page for details.
Your money is not locked in at all, you can access your money at any time you wish.
We do not hold clients funds. Your funds are held with the broker, so you will need to withdraw through the broker. Most brokers have multiple methods of deposit and withdrawal
The broker depends on where in the world you are from, but all the brokers we recommend are highly reputable, award winning, regulated brokers. Click Get Started and select your region to see which broker is available to you.
Foreign currencies, otherwise known as forex. We buy and sell currencies from around the world in order to make a profit
Short answer… yes. We prefer you don’t. You can always open a sub-account with the same broker and trade on that, this is fine. But if you absolutely must, yes, you can place other trades on the account. It is possible to close our trades also, but please avoid doing this.
Please select a leverage of at least 30:1. Higher is fine but not necessary
We will consider discounts for account over $100,000. Please contact us if you would like to discuss this further
Yes. Please contact us for more information
Awesome! Great to have you on board! Click the Get Started button below
Absolutely. That’s the beauty about what we do… we spend hours a day pouring over forex charts so you don’t have to! We set it up so that your trades automatically mirror our trades.
That being said, if you want to know more about forex, you can check out this page for a quick forex 101 summary
Drawdown is simply the difference between the highest peak of your account, and the lowest valley. So let’s say you started at $4000, you grew the account to $5000, but then it dipped to $4,500, before going up again… in this case your drawdown would be $500 or 10%.
Our goal is to keep our maximum drawdown below 15%
No, No and absolutely NOT!!! We believe that these techniques are the fastest way to blow up an account, and we are fiercely against them. You will never see us employ these techniques on our trading under and circumstances!
If you are investing over $20,000 you can select your own broker. Please contact us for more details