Funding And Withdrawals
We accept USD and EUR.
The method currently available is through bank wire.
To view the deposit/withdrawal fees, please visit the Rate Schedule section.
If funds are sent in a currency other than the denomination of that of your trading account, the bank will automatically convert it to the denominated currency at an exchange rate specified by them, which may not necessarily be favourable.
Once the trading account has been created and funded, the accounts department will email the login credentials to the email address on file.
To request a withdrawal of funds, visit your MyAccount page and click on “Withdraw Funds”. Your request will be processed within one to two business days.
The manager must have a total sum of 50,000 USD under management.
The PAMM and PAMM Plus software provides the ability to manage multiple accounts from the MT4 or via FIX.
Yes, you must complete our online application and provide the necessary documents for approval.
You have the ability to setup five types of fee structures.
- Monthly Subscription
The distribution of performance fees are automatically done on the last day of the trading month.
The trading leverage is set to:
- 200:1 for major currency pairs for account sizes below 100,000.
- 100:1 for major currency pairs for account sizes above 100,000.
The following is a set of examples that provide an explanation on the margin based on different base currency pairs.
USD Base Currency
Lot Size / Leverage = Margin
10,000 / 100 = 100 USD (100:1 leverage)
USD Non-Base Currency
(Current Market Quote × Lot Size) / Leverage = Margin
(1.12262 x 10,000) / 100 = 112.26 USD (100:1 leverage)
Non-USD Cross Currency
Current Market Quote × Lot Size) = Currency Quote
The sample below is based on a market quote of 134.745 for EURJPY.
We also obtained the market quote for USDJPY (119.721) and EURUSD (1.13548).
134.745 x 10,000 = 1,347,450 JPY
JPY Currency Quote / USDJPY market quote = USD Currency Quote
1,347,450 / 119.721 = 11,254.91 USD
EURUSD market quote x Lot Size = 2nd USD Currency Quote
1.13548 x 10,000 = 11,354.80 USD
Largest USD Currency Quote / Leverage = Margin
11,354.80 / 100 = 113.54 USD (100:1 leverage)
The notification level is set to 120% on the MetaTrader 4 software. If you margin reaches 120%, the software will show a red banner indication which provides a visual notification.
The liquidation level is set to 100% on the MetaTrader 4 software. If your margin reaches 100%, the software will begin to liquidate the position that has the highest losing amount.
The minimum account balance to open is 2,000 USD or the amount equivalent in EUR.
You can open an individual, joint or corporate trading account.
You can simply complete our online application, please visit our Online Application section.
Depending on the account type and the necessary documents obtained, on average an individual and joint account takes 1-2 business days and a corporate account takes 3-5 business days.
An individual and joint application will require a photo identification and proof of residence. Acceptable forms of ID verification include government issued passports, driver’s licenses and national ID cards. All documents should be valid (not expired), show your full name and date of birth as indicated on the Customer Agreement as well a photograph. Acceptable forms of proof of residence include but are not limited to utility bills and bank or credit card statements. Documents must be received in its entirety showing your name and home address as indicated on the Customer Agreement. The document must be dated within the last three months. A company application will require the picture ID and proof of residence for all the directors and shareholders who have a minimum 25% stake in the company. The company certificate of incorporation, articles of organization and other relevant document that identify the structure of the company, directors, shareholder and authorised persons.
Acceptable forms of ID verification include government issued passports, driver’s licenses and national ID cards. All documents should be valid (not expired), show your full name and date of birth as indicated on the Customer Agreement as well as a photograph.
Acceptable forms of proof of residence include but are not limited to utility bills and bank or credit card statements. Documents must be received in its entirety showing your name and home address as indicated on the Customer Agreement. The document must be dated within the last three months. Confidential information such as account number(s) may be removed at your discretion. PO Box addresses are not acceptable.
If any of the documents provided are in a different language other than English, you will need to have the document certified with an English translation. A certified copy is a copy of an original document that has on it an endorsement or certificate from a lawyer, bank manager, or notary public that it is a true copy of the original document. It must include the stamp, full name address, telephone number, date and signature of the person performing the certification.