Here is the trick. For all guys who talking or looking for the holy Grail.
If this guys are that Good and the EA is that Good. Here is the plan to make billions without even selling signals or EA
1. Start with US$1000 and assuming a compounding effect on the Equity. Then
US$ 1000 ==> US$ 10,000 ==> 100,000 ==> 1,000,000 ==> 10,000,000 ==> 100,000,000 ==> 1,000,000,000
AS you can see , if that EA or signals are correct then in about 7 to 10 Months , those guys should have at least US$ 1 Billion
Therefore Mathematically, the reason they are giving for wanting to sell the signals or EA or have MANAGED Accounts is TOTAL NONSENSE . It is Called the BAIT. Most of us Traders are Greedy by Nature, we try to look for anything that promise heaven or ' Billions' or making profits as first as possible.
As i said before, No one in there right mind would do that. Huge hedge funds with hundreds Ph.D Financial engineers, mathematicians, Physicists and MBAs like KKR, Renaissance Technologies, Goldman Sachs, JP Morgan & Many Others have enough Computer Power & Brain Power & High-Frequency Algo Trading to come up with some of the Best Strategies in FX Market. But they would never even mention a single strategy because that is what gives any trader an edge.
NOTE: FX Trading = ZERO-SUM GAME . If you Loose it means someone else won that trade.
1. If they need to Offer Managed accounts -- they need to Provide at least 1 to 3 years of Proven track record
2. They need to provide credible contacts ( both physical & electronic )
3. They need to be registered and regulated by a very credible regulatory body so that you can recover your funds incase they are a big SCAM as i think they might be.
Otherwise Stay as far away from this as possible.