The FX Pro Trading managed account option was set up in January 2005 in
response to demand from clients who were unable, or did not wish to
follow trade signals. It is now attracting other clients who have never
traded Forex, but were looking for above average returns.
The Managed Fund options are designed to appeal to clients that are
looking for long term capital growth with a limited downside risk.
- Actively managed accounts with trades monitored continuously
- Choice of three options: Standard, VIP and Custom Portfolio
- Substantial capital growth. (our target is to achieve 100%
- 200% net per annum)
- No upfront, joining or management fees. Only net profit
share payable as a percentage of capital growth (25%)
- 100%
transparent. Funds stay under client's control at all times. FX Pro
Trading has no access to client funds. Account can be monitored 24/7
- Strict money management rules
- Client can access broker status reports at any time
- Low minimum investment ($10,000 USD)
- Accounts held at large brokerage house
- Funds can be added or removed at any time (no 'lock-ins')
- No fund pools. Funds held in individual client accounts
unlike any other managed funds
Our clients have a choice of three Managed Funds options:
1.
Mini Account - trades
same systems as Standard MA. However trading lots reduced by half (4
instead of 8).
2.
Standard Managed Account
- trades are executed as per Easy and Pro systems (minimum investment
of $20,000 is required)
3.
VIP Managed Account -
includes four systems Easy, Standard, Pro and Exclusive (minimum
investment $30,000)
4.
Custom Portfolio option
- gives our clients freedom of choice. By choosing this option our
clients may include any number of systems to their account. (Minimum
investment $50,000)
We start from the basis that you understand what currency trading is
all about and understand the risks as well as the potential rewards.
Our managed account options are for experienced investors only, so we
will make no effort to explain the Forex market. If you are not
familiar with Forex trading or managed accounts, please spend some time
researching the subject.
All managed accounts are held in the currency of your choice at InteractiveBrokers LLC.
Below you will find simple straightforward facts about FX Pro Trading
managed account options.
We have a very simple objective:
to
maximize capital growth whilst managing risks.
Our managed accounts have more conservative money management rules, so
we expect the returns to be between 100% and 200% per annum.
More importantly, we are committed to protecting the downside risk.
Performance figures for Managed accounts can be found
here.
With any individual trade, it is important to limit the maximum loss
than can be suffered. We have set the following limits for various
account sizes:
| Account Size |
Max % risk
per trade (Standard) |
Max % risk
per trade (VIP) |
Max% risk
per trade (Custom) |
| $20K - $100K |
4% |
3% |
3% |
| $100K - $300K |
3% |
3% |
3% |
| Over $300K |
2% |
2% |
2% |
|
Trade size is calculated at 4% (8 mini lots) of $20,000 (Standard)
account equity and 3% (9 mini lots) of $30,000/$50,000 account equity
(VIP/Custom Portfolio options). The correct trade size is allocated to
each client account and this is increased automatically as the account
equity grows.
(Lot size is equal to 10,000 units of base currency)
| Account Size |
No. of Mini
Lots p/trade (Standard) |
No. of Mini
Lots p/trade (VIP) |
Max% risk
per trade (Custom) |
| $ 20,000 |
8 |
- |
- |
| $ 30,000 |
12 |
9 |
- |
| $ 40,000 |
16 |
12 |
- |
| $ 50,000 |
20 |
15 |
15 |
| $ 60,000 |
24 |
18 |
18 |
| $ 70,000 |
28 |
21 |
21 |
| $ 80,000 |
32 |
24 |
24 |
| $ 90,000 |
36 |
27 |
27 |
| $ 100,000 |
30 |
30 |
30 |
|
We monitor each account and make fortnightly adjustments to the trade
size to reflect the current equity level and stay in line with our
money management strategy.
We follow different systems for different managed account options.
Hence there may be >20 trades per month for each managed account
option. We also can have multiple trades opened for same pair.
FX Pro Trading will only charge once off account setup fee of $99
(Standard) and $299 (VIP/Custom Portfolio) and will not charge any
joining, membership or other on-going monthly fees.
Our remuneration is entirely performance based. (If we do not make
profits for our clients, we receive nothing)
We are paid 25% of the profits achieved. This is calculated from net
return. Broker's transaction Fee per round turn is $1.25 per (1 mini
lot) 10,000 of the base currency charged on entry. Overnight rollover
interest varies daily for each pair.
Our remuneration is paid monthly in arrears directly from the client
accounts at Interactive Brokers LLC on a 'high watermark' basis.
'High watermark basis'
means:
If for example we grow an account from $20,000 to $24,000 in a month,
we are paid $1000 (25% of $ 4,000)
The client account now stands at $23,000, so in the following month we
are paid 25% of the account value above $23,000 (which is the new high
watermark)
Please note: Out incentive fee for all Mini Accounts is 50%
All of our client accounts are held at:
Interactive Brokers LLC
8 Greenwich Office Park
Greenwich, CT 06831
USA
www.interactivebrokers.com
Interactive Brokers LLC is a member NYSE - FINRA - SIPC and regulated
by the US Securities and Exchange Commission and the Commodity Futures
Trading Commission
We have specifically chosen a broker who we believe to be financially
strong. This was our overriding criteria, rather than finding the very
cheapest option.
Once managed account setup fee is paid and cleared, we will then email
you the account application.