Most investors prefer forex fund management
The majority of forex traders prefer managed forex accounts as opposed to opening a retail account under their own management since many do not have the time, expertise and knowhow to trade forex and prefer a professional fund manager to manage their forex accounts.
Eurivex, a Cyprus Investment Firm regulated by Cyprus Securities & Exchange Commission (CySEC 114/10) licensed to trade in shares, bonds and in forex through its own MT4 trading platform, as well as licensed to offer portfolio management services and hold client funds, the strategy is to rely on expert help from industry professionals.
In sharp contrast to other firms, Eurivex does not charge an asset management fee for Forex Managed accounts which typically amounts to 2% of the portfolio size. Instead, Eurivex applies the industry standard 20% performance fee on positive performance at the end of the period on all Managed Forex Accounts.
Eurivex also does not impose any conditions on Managed Forex Accounts. Clients are free to withdraw their funds any time they wish, provided they give us ample warning, usually 48 hours notice, to allow our asset management team to close any open positions.
The Eurivex Managed Forex Accounts management model is based on purely systematic approach to trade selection and trade management whereby all entry, exit, take profit and stop loss points are known before a trade is initiated.
Trading systems fall into several strategies. The most widely used model is “trend following” based on the trusted saying that a “trend is your best friend”. Trend following perform extremely well when markets are trending, that is moving in one direction over a period of time. Others follow the “range trading” model which aims to make profit when markets are moving sideways or consolidating after a major move.
The trend following models usually lose a lot when markets move sideways as they keep entering and exiting on stops as the market makes false breaks but moves back to the pivot point.
Eurivex follows a pattern recognition model designed by a major Swiss bank, aimed at capitalizing on the false breaks which are so common in forex market, but also take advantage of a major trend unfolding, after a major resistance or support point is violated and thereafter the market does not return back to the pivot point.
The Eurivex Managed Forex Accounts management model is applied to EUR/USD, GBP/USD and EUR/JPY forex pairs since we believe that over-extending the markets under watch may mean missed opportunities. Eurivex also attempts to stay only in markets where most activity occurs during European time, when Eurivex fund managers are at their station desks and following market developments closely and because the above currencies are the most liquid.
(Yervant Bohdjalian is a certified Portfolio Fund Manager and Executive Director of Eurivex Ltd., a Cyprus Investment Firm, authorized and regulated by CySEC, license #114/10 with expertise in managed forex accounts. The views expressed above are personal and do not bind the company and are subject to change without notice. The comments mentioned above are not to be considered as an offer to subscribe, invest or benefit from an investment scheme, nor are to be considered as advice for trading in markets. The comments are for information purposes only and are general in nature. The examples will vary and depend on individual circumstances. Trading on margin and leverage is risky and may result in losses. Past performance is no guarantee for future performance.)
This comment has been removed by a blog administrator.
ReplyDelete