Hello Traders
Please find our explanation on how our Signal Providers program works.
1. Firstly, we acquire Signal Providers across various platforms, including SimpleTrader.
2. Next, we request their historical data to ascertain their credibility and performance.
3. Once we are confident, we will sponsor a live account. At the start, there is typically no performance fee sharing from the sponsored account (Unless strategies are really outstanding). Signal Providers get their performance fee from followers initially. The account is either 5K or 10K as this is the standard offering of our investment product.
4. Moving forward, they will run their strategies for a few months. If they perform well, they will be featured on our website- https://www.c7traders.com/investment/. Contracts will be issued at this stage.
5. Featured accounts have a hard stop of 20% while non featured accounts do not.
6. When the Company gains greater confidence of the strategies, we will allocate additional Company funds and discuss performance fee sharing from the Company account. However, this is an extremely stringent process. Till date, we have allocated 2-3 USD million to only two Signal Providers on our platform.
We trust the above clarifies. Please leave comments regarding broker to https://www.forexsignals.com/forum/f...6256-c7traders for quicker response.
Please find our explanation on how our Signal Providers program works.
1. Firstly, we acquire Signal Providers across various platforms, including SimpleTrader.
2. Next, we request their historical data to ascertain their credibility and performance.
3. Once we are confident, we will sponsor a live account. At the start, there is typically no performance fee sharing from the sponsored account (Unless strategies are really outstanding). Signal Providers get their performance fee from followers initially. The account is either 5K or 10K as this is the standard offering of our investment product.
4. Moving forward, they will run their strategies for a few months. If they perform well, they will be featured on our website- https://www.c7traders.com/investment/. Contracts will be issued at this stage.
5. Featured accounts have a hard stop of 20% while non featured accounts do not.
6. When the Company gains greater confidence of the strategies, we will allocate additional Company funds and discuss performance fee sharing from the Company account. However, this is an extremely stringent process. Till date, we have allocated 2-3 USD million to only two Signal Providers on our platform.
We trust the above clarifies. Please leave comments regarding broker to https://www.forexsignals.com/forum/f...6256-c7traders for quicker response.
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