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Capital-Protected High Yield FX Program
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Posted by PTProgram on August 06, 2010 at 18:48:01:
I am direct to a principal who has been a forex trader for over 15 years. He offers a managed forex account service that offers a guarantee on the principle which protects 90% of the deposit against market risk and 100% of the deposit is insured against theft, bank failure etc. As you know, market risk cannot be fully guaranteed however, as the account grows in profit, the guarantee can slide up to cover principle plus generated profit. For example, $10,000,000 = $9,000,000 initial capital guarantee. Say 40% profit is made. Then: $14,000,000 could move the guarantee up to $12,000,000 thus fully guaranteeing the 2MM profit. Profits vary from day to day and week to week depending upon the market and the traders performance. However, returns of 20%+ per week should be reasonably expected and historically been higher. Provable and Verifiable Returns (upon request from trader). NOTE: Past performance is not indicative of future results. The trading is not confined to a contract and there is not specific term. The client can terminate the relationship at any time. The client funds are held in their own sole signatory account and only the client has the power to withdraw, transfer or access funds in any way. The trader trades out of Switzerland and as a general rule clients would open an account with the bank in Geneva. This can be arranged online or the trader can put clients directly in touch with the banker. On a case by case basis, the funds can sometimes remain where they are but only if the bank the trader uses can arrange a corresponding relationship with the counter party bank. The trader clears in Switzerland with a firm called Dukascopy / www.dukascopy.com. He also has clearing arrangements in South America and Dubai. He can take clients of almost any size as he has different platforms that he trades on: (1) Mini accounts: $5000 and up, (2) Standard Accounts: $50,000 and up and, (3) VIP accounts: $250,000 and up. In addition the trader has an EA platform with Baron's which runs automated forex trades on a round the clock basis. Currently the EA is producing about 2800% per year and will take deposits down to $1000. As a note: the guarantee does not apply to the EA clients as it is an automated trade system (commonly called a Robot or BOT trade).
Clients receive all of the profits generated by trading minus 20% performance fee.
Some answers to common questions:
1. Yes, at all times the 90% guarantee is in place against the principle deposit. Furthermore, the guarantee can be moved up to cover 90% of the total account at all times. This must be done by request. ie: using a $1,000,000 account as an example. Initial guarantee: $900,000. Once, say, 40% profit is made then move the guarantee up to cover 90% of the new balance: $1,200,000 thus protecting at least 20% profit, etc.
2. Yes, protection applies to every account with the exception of the EA platform.
3. Typically, based upon leverage, a client should expect monthly returns of 50% - 100% per month and up. Bear in mind that past performance does not guarantee future results, etc. 4. Basic strategy: The trader uses one third of capital under management in active trade at any one time holding 2/3 in reserve. All trades are manually executed and monitored live. No trades are left unattended. The trader trades on a 'market entry' basis meaning he is looking for real time opportunities and short duration trades. The longer a position is open the greater the exposure. So I he is looking for small profits on numerous trades. Example: 3% profit per trade time 10 trades per day equals 30% for that trading day. On the Swiss platform he uses a 40:1 leverage, on the Baron's platform he uses a 100:1 leverage, at Deutche Bank he uses 100:1 leverage and the EA uses a 100:1 leverage. If you have serious interest I can introduce you to the trader and you can get more details from him, he can show you some trade records, he can put you in contact with this bank etc. This gentlemen is very knowledgeable, responsive and transparent. This is not some secretive, smoke-and-mirrors, broker-hyped program ran by some elusive trader or trade group. If you know about managed forex accounts then you have an idea of what this opportunity is.
MORE INFORMATION: Sole signatory/Segregated account Fully Licensed Swiss Securities Brokerage Fully Licensed Swiss Bank Provable and Verifiable Returns (upon request from trader) 24hour online account access Broker Protection Minimum Investment Amount Capital Protection on Principle Daily Trades Clients may monitor in real time. Trader/Asset Manager has 18 years trading experience Compliance and account setup is handled bank to bank and with complete transparency. The trade bank will also allow instruments (must be from a major institution and preferably a bank in Switzerland) that are in the client’s possession such as CD’s, BG’s, etc. for trade. The trader/trade bank can issue a credit line of 50-75% of the face value. Bank Guarantees - The bank guarantee solution provides great flexibility and efficiency to clients and allows you to keep the funds with your trusted bank in order to access them immediately when required. Bear in mind that this is NOT the preferred means of transacting business as it adds and additional step. Additionally, the client must maintain a cash balance of 20% of the BG value. Swiss Custodian Banks: Under this banking solution, participate in trade while keeping your capital safely at the bank of your choice: Barclays Bank S.A. Merrill Lynch Bank (Suisse) S.A. EFG Bank Banque de Commerce et de Placement (BCP) Compagnie Bancaire Helvétique S.A. (CBH) National Bank of Dubai It is preferred that the client maintain his account with the Trade Bank, however, blocked funds with any of the above banks will be acceptable. If the client wants a custodial arrangement with his existing bank then it can be arranged but will take additional time. Capital Preservation: At all times the 90% guarantee is in place against the principle deposit. Furthermore, the guarantee can be moved up to cover 90% of the total account at all time; this must be done by request. ie: using a $1,000,000 account as an example; initial guarantee: $900,000; once, say, 40% profit is made then move the guarantee up to cover 90% of the new balance: $1,200,000 thus protecting at least 20% profit, etc. Understand that the guarantee can be more than 90% initially if needs be however, the higher the initial guarantee the more difficult you make the traders job on the first few trades. On every trade the “spread” must be covered necessitating the impossibility of a 100% guarantee on the initial rounds of trades. As you can see the guarantee itself can evolve over the term of the account to protect the clients deposit and earned profits so the desired effect will still be achieved. Items needed to start the application process: Contact Info for Client Intermediaries involved in transaction (if any) Client will open His/Her own account with the trade bank. Once the account is open and funded then the client will execute a Limited Power of Attorney (LPOA) to Trade appointing and authorizing the account manager to begin trading. Trader has no access to client accounts and may not make deposits or withdrawals to the clients account. Client may revoke the traders power of attorney at any time. proventransparentprogram@gmail.com
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