Frero (by wassel2017) Quick Stats
Gain: +18156.78%
Drawdown: 54.56%
Pips: 56860.9
Trades: 2426
Won:
Lost:
Type: Real
Leverage: 1:50
Trading: Manual

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Frero Discussion
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JForex78

Member Since Apr 25, 2019  40 posts JForex78 (JForex78) Nov 05 at 04:31
aqm019 posted:
To say you the truth frero inspires me a lot but this account with 1 million euro is it his own account or total 'MAM' balance is showing here..if it's his own account then how much is invested in 'MAM'.. we would like to know .Please answer Wassel .


@aqm019 has a point.


aranciata posted:
Waassel answered the above question on Oct 25, when he posted:

So all the money in his Frero account is hi own.


There's nothing personal here - the money may actually be all of his own money.

But is there a way to prove this? Or, are we supposed to take the word for truth?



aranciata

Member Since Aug 30, 2018  39 posts aranciata Nov 05 at 14:52
JForex78 posted:

There's nothing personal here - the money may actually be all of his own money.
But is there a way to prove this? Or, are we supposed to take the word for truth?



I guess you could write to myfxbook or Signal Start or Tickmill and ask whether the data shown for a master MAM account includes the aggregate balance of all the accounts including clients' accounts or just the balance of the trader's account.

It is my understanding that the data shown for an account in Signal Start is provided by the broker.

In the case of myfxbook, for Frero on the page where account info is shown ( https://www.myfxbook.com/members/wassel2017/frero/2406407 ) above the graph there are check marks indicating 'Track record verified' and 'Trading privileges verified'—which means that info about the account is provided by the broker.

If you research this further, please let us know what you learn.

Julien1984

Member Since Nov 05, 2019  12 posts Julien1984 Nov 05 at 16:28
Hello everybody,

I would like to join the MAM but I'm not sure how it works with FXChoice.

Should I have MT4 / VPS running ? or my account on FXChoice is automatically linked to Wassel account and the performance based on my deposit ?


JForex78

Member Since Apr 25, 2019  40 posts JForex78 (JForex78) Nov 05 at 16:46
Julien1984 posted:
Hello everybody,

I would like to join the MAM but I'm not sure how it works with FXChoice.

Should I have MT4 / VPS running ? or my account on FXChoice is automatically linked to Wassel account and the performance based on my deposit ?



No need for VPS - your account will be linked to Wassel's master. Just deposit and it should pick up trades.

tk51

Member Since Sep 29, 2018  17 posts tk51 Nov 05 at 18:40
your account will be linked automatically. you just have to sign up. I did it today.

aranciata

Member Since Aug 30, 2018  39 posts aranciata Nov 05 at 18:48
Julien1984 posted:
Hello everybody,

I would like to join the MAM but I'm not sure how it works with FXChoice.

Should I have MT4 / VPS running ? or my account on FXChoice is automatically linked to Wassel account and the performance based on my deposit ?


The latter is correct: 'my account on FXChoice is automatically linked to Wassel account and the performance based on my deposit'.

You do not need a VPS to participate in the MAM.

You follow your account which is connected to the MAM in MT4.

tk51

Member Since Sep 29, 2018  17 posts tk51 Nov 05 at 19:52
please also note the following....


Wassel posted the following update on mql5 little frero news :
over the past weeks, little frero was applied a safer trading strategy but generated lower return than the frero account. If you are an already little frero subscriber, then please liaise with me at frerosystem@gmail.com in order to benefit from a special promotion.

I hope I could help you

wassel2017

Member Since Oct 27, 2016  12 posts Wassel (wassel2017) Nov 05 at 20:44
JForex78 posted:
aqm019 posted:
To say you the truth frero inspires me a lot but this account with 1 million euro is it his own account or total 'MAM' balance is showing here..if it's his own account then how much is invested in 'MAM'.. we would like to know .Please answer Wassel .


@aqm019 has a point.


aranciata posted:
Waassel answered the above question on Oct 25, when he posted:

So all the money in his Frero account is hi own.


There's nothing personal here - the money may actually be all of his own money.

But is there a way to prove this? Or, are we supposed to take the word for truth?




The Frero account is hosted at TickmillUK-Live03 server at Tickmill UK as you can see at mql5 link.
Tickmill UK doesn't offer managed account type (no MAM nor PAMM), this can be verified by writing to the support broker@tickmill.com or support@tickmill.com. Therefore all trading accounts held with Tickmill UK are personal (like Frero and velocity ones) or corporate accounts. So in final Frero and Velocity accounts aren't managed accounts and all those accounts' money is own and personal.

EUR
wrbking

Member Since Apr 09, 2019  23 posts wrbking Nov 05 at 22:39
@JForex78

You can see the whole trading history include deposits and withdrawals.
Then you will find out where the money come from.

Anyway, good profit last night, thanks Wassel

noefekts

Member Since Nov 01, 2018  11 posts noefekts Nov 06 at 00:01
@JForex78

it doesn't matter you believe or not whom the money is :-)

@Julien1984
No, you don't have to rent VPS, it is automatically.

Cheers on today closed trades everyone!

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.