No. Trade sizes on your account are in proportion to the amount you have invested. If you would like to elevate your returns or reduce your exposure then the only way to make this adjustment is to process an account deposit/withdrawal.
Guide on how to invest with FX Viper Strategy for International Clients
FX Viper Strategy Statistics
Total Gross Growth Since Inception
Strategy Inception Date
Compounded Annual Growth Rate
Maximum Historic Drawdown
So what's a managed account?
By participating in the managed account you are effectively allocating capital to FX Viper to trade on your behalf. We then split the profits generated on a 30/70 basis (you keep 70%). There are no entry or exit fees and the funds remain in your name at either of our regulated executing brokers, IC Markets or AxiTrader.
How much does it cost?
We only charge a 30% performance fee on a highwatermark basis. There is no management fee, broker markup, entry or exit fee. You are only charged a fee if you actually make money. The high watermark calculation creates a scenario where you are charged a performance fee once your balance has exceeded the previous highest point. For example:
|Date||1st of Jan||1st of Feb||1st of Mar||1st of Apr|
|Net Asset Value (NAV)||$100,000||$110,000||$105,000||$117,000|
|Profit / Loss||-||$10,000||-$2,000||$12,000|
|NAV After Performance Fee||$100,000||$107,000||$105,000||$114,000|
The above example uses the accounts equity amount, not the balance.
How does it work?
Once you've made the decision to invest in the managed account all you need to do is fill out the relevant application forms, sign a limited power of attorney (LPOA) allowing us to trade on your behalf and fund your account. You will then receive a daily statement via email with details on your accounts trading activity.
Here’s how do you get started:
There are 2 options to choose from, each at a different broker and different risk setting.
Here is a synopsis of the options:
Frequently asked questions from clients:
- Can I change my risk settings?
- How can I track my investment?
The broker will send you a daily email with detailed activity and the performance of your account, you are also given read only access to the trading account for up to 15mins at a time so you can monitor the positions in real time.
- Are there any upfront fees?
No, there are no entry or exit fees on our managed accounts.
- Can I withdraw my funds at any time?
Yes, you can withdrawal your funds at any time you need.
- Do I have to install software or run a VPS?
No, there is nothing to install or monitor. Once the account is opened the process of monitoring your investment is completely passive.
- Can I trade the account myself as well?
No, once you assign your sub account to the MAM you won't have access to trade the funds yourself. You would need to open a separate account not tied to the MAM if you wanted to trade manually.
Got more questions about Managed Accounts?