Interesting comments regarding Vanuatu. FXPIG has just moved it's firm to Vanuatu as NZ trading laws were making it too difficult. I'm a kiwi and not allowed to have an fx account while the jurisdiction was in NZ.
your website talks about 25% performance fee and I can see that in the posted account by one of your followers. However the example shown on website has a total profit of $2500 over three months and a performance fee of $750. That's a 30% fee as the true HWM method is not used. HWM method does not drop the HWM level in a month when there's a loss! That means your client pays for the month of a loss and no consideration the following month when a profit is made. Bit unfair.
deltraders posted: Interesting comments regarding Vanuatu. FXPIG has just moved it's firm to Vanuatu as NZ trading laws were making it too difficult. I'm a kiwi and not allowed to have an fx account while the jurisdiction was in NZ.
I have joined the Sakua signal resp. ACM-FX. Now, what to say: This broker is scam. My recent Withdrawal request has been approved more than 10 days ago - but the money does not reach my bank account. Very far from normal. The service put me off, I should wait. All I can say, please keep distance and distrusts this broker!
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.