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How to Choose a Fund Manager?
Most of the investors lac common sense while choosing a fund manager. Many people expect presence of local office and the office to look posh. Companies with posh offices get funds easily. Funds are normally handled by Individuals, not the companies. Performance of your account solely depends on the knowledge and experience of the Fund Manager. A good fund manager may not work for any forex company. He/she will surely work independently. Chose a Fund Manager who is highly experienced. All our managed accounts are traded by our CEO who has 21 years of experience in the forex trading.
How hard is it to double the capital?
Though forex trading appears very easy initially, most of the investors end up losing the entire capital over a period of time. Some may lose all the money in few days and some may survive for a year or two. We have seen all the Forex Tsunamis in last 21 years and survived in this tough market. Normally forex brokers offer 50 currency pairs. Each pair moves 100 points a day on an average. That is a total of 5000 points a day. To double your capital in a month, all you need to do is earn 10 pips per day. Many traders succeed in earning 100% profits in a day or a month. What is lacking is consistency. We are trying our best to maintain that consistency. To be honest, we have not succeeded in that yet.
Assured monthly returns
It is sad that most of the investors do not understand the difference between money lending and investments. If a fund management company is offering you 5% per month assured fixed returns, they are actually borrowing money from you at min 8%, right? No established successful fund manager will borrow money for trading