What is “Managed Signal Account”?
The account is a cross between auto-executed trades inputed directly into your account and a fully Managed Forex Account with no cost to the customer. Trades are executed and run according to our trading model by a live trader trading live! Stops, limits and risk/reward parameters are preset with all executions. This unique benefit provides the ability to respond to market fluctuation quickly and make needed adjustments to positions. There is no performance or management fee charged. It is not a managed account. Trades are made on a “best effort basis”. The customer is in full control of his account and has the final say and responsibility for all trading.
How is the “Managed Signal Account” different from a managed account?
In a fully managed forex account (or other type of trading account) a money manager is in charge of the trading and management of the account. This is done by the client giving “Limited Power of Attorney” with a set fee structure. With the “Managed Signal Account” the customer has the final say and is totally responsible for the all trading activities.
With our “Managed Signal Account” there is no performance fee and absolutely no cost for this account. FCM and Axis Financial Source, Ltd. are compensated for their services through the spread between the bid/ask prices. The only requirement is that you hold a minimum account balance with one of our approved brokers.
What is the profit potential?
The account profit potential is 5-10% per month with minimal draw-down.
What broker can I use?
Currently, Our approved brokers for the “Managed Signal Account” are AvaFX, Eforex and Advanced Currency Markets.
I want to open an account. What do I do?
Contact the office during normal business hours or e-mail with the following info:
Initial Deposit
If you are a U.S. Citizen
Any questions regarding the Managed Signal Account
Best time to reach you to go over all the details
What is the minimum deposit
Minimum deposit is $5,000.
I’m a U.S. Citizens. What broker can I use?
Currently U.S. Citizens must use eforex.com as their broker.
What is the client’s responsibility?
The customer is fully responsible for checking and verifying all trading. AFS executes all trading on a best effort basis. This means that AFS will make every effort to execute all trades that conform to the parameters of the trading model. AFS will verify that all positions are open and closed properly. However, the trading of the account is ultimately the responsibility of the customer.
Can I stop trading when I want?
Yes, you can simply close your platform to cease executions of trades or e-mail the office to be removed from the Network.
Note: In the case of closing out your platform, make sure there are no open trades before you close the platform. Remember, your trading platform is live and you have the ability to alter live trading.
What trading platform is used”
Meta trader 4 and ACT
I don’t know anything about trading platforms. All I want to do is check my balance periodically.
AFS Customer Support will walk you through the simple practice of checking your balance. It’s a benefit to have previous knowledge of the Meta trader 4 Platform but it is not required.
Can I also trade on my Platform?
Yes, the account is yours and you can also trade on the platform if you wish. We ask that you do not alter the trading signals and be aware that your available margin in the account is totally your responsibility.