Forex investment experience sharing, Forex account managed and trading.
MAM | PAMM | POA.
Forex prop firm | Asset management company | Personal large funds.
Formal starting from $500,000, test starting from $50,000.
Profits are shared by half (50%), and losses are shared by a quarter (25%).
Forex multi-account manager Z-X-N
Accepts global forex account operation, investment, and trading
Assists family office investment and autonomous management
Filing a complaint is an important step when a Forex investment trader encounters misconduct or unfair treatment from a Forex broker.
However, before filing a complaint, it is crucial to thoroughly document the issue at hand. Traders should create a detailed record of the incident, including the date, time, and individuals involved, and clearly describe the problem. Include screenshots if there is support for conversion. Proper documentation provides a solid foundation for a convincing and credible complaint.
Before filing a complaint with the authorities, it is a good idea to try to resolve the issue with the support of the Forex broker. Sometimes, if the trader clearly describes the problem and gets help from the support of the Forex broker, the problem may be resolved internally. This not only saves time and effort, but also avoids further conflict.
When filing a complaint, accurate and convincing evidence can enhance persuasion. Traders should collect relevant documents, screenshots, trading records, and any information and communications that support their claims. Such evidence can not only help traders express their position more effectively, but also increase the success rate of the complaint. By taking these steps, traders can better protect their rights and ensure that the problem is properly resolved.
When choosing a forex proprietary trading company, many traders will focus on the size of the spread.
However, a forex proprietary trading company that only pursues the lowest spread is not necessarily the best for all traders. For example, some forex proprietary trading companies may offer low spreads, but they may come with time restrictions, which may not be practical for some traders. For swing forex traders, day forex traders, and high-frequency short-term forex traders, the meaning of spreads is different.
Day forex traders and swing forex traders adopt medium-term to long-term trading strategies. They may hold open positions for a few hours to a few days. For these traders, relatively high spreads usually do not have much impact because they usually target larger price fluctuations. In this case, low spreads may not be important because their trading strategies focus more on the overall trend of the market and larger price changes. Therefore, even if the spread is slightly higher, it will not have a significant impact on their trading performance.
On the other hand, high-frequency short-term foreign exchange investment traders rely heavily on lower spreads. These traders profit from extremely short price fluctuations, so for them, the size of the spread is crucial. For high-frequency short-term foreign exchange investment traders, spreads of more than 0.2 pips may be considered expensive. This is because they trade a large number of transactions in a short period of time, and even a small spread change can have a significant impact on their profits. In contrast, for swing foreign exchange investment traders, even a 2-point spread will not have much impact on their trading performance because their trading strategies focus more on long-term price movements rather than short-term small fluctuations.
The relationship between the principal, the principal client, and the foreign exchange proprietary trading company varies.
Commissioned trading and foreign exchange proprietary trading are two very different trading behaviors. Commissioned trading, also known as agency trading, refers to the role of a financial institution as a bridge between the buyer and seller of securities. The broker or financial institution facilitates the completion of the transaction on behalf of the client. In this type of trading, the financial institution does not directly own the securities being traded, so there is no conflict of interest.
Forex proprietary trading involves financial institutions, such as proprietary trading firms and hedge funds, trading with their own funds with the primary goal of maximizing profits and minimizing risks. The main difference between commissioned trading and proprietary trading is that commissioned trading is client-centric, while proprietary trading is aimed at increasing the financial institution's own revenue.
Forex proprietary trading firms are always looking for talented forex traders. Forex traders who receive funding from forex proprietary trading firms participate in the financial markets, and the profits generated by trading are distributed according to a pre-determined and agreed-upon profit sharing ratio.
In order to select the best forex traders, proprietary trading firms usually set up a series of steps to evaluate the trading challenge. Forex traders usually need to pay a one-time challenge participation fee to the forex proprietary trading firm. This fee varies according to different account funding plans and forex proprietary trading firms.
Before participating in a forex proprietary trading challenge, it is critical to list the forex trader's preferences. Some firms place strict restrictions on the asset classes that forex traders can access, as well as the leverage available. Each forex proprietary firm is unique and offers different products to clients, but generally speaking, they all share some common features.
Generally, forex traders will have profit targets, daily loss limits, maximum account withdrawal limits, and specific time frames that they need to meet. As mentioned earlier, the goal of a proprietary firm is to maximize returns and minimize risk, which is why typical maximum leverage is usually between 20:1 and 50:1.
If you want to start trading with an online forex proprietary firm, you need to find a suitable forex proprietary firm that has strict risk management rules and a profitable trading strategy. Winning trading challenges is not an easy task, and traders need to stay focused during these events.
In addition to online forex proprietary firms, there are also forex proprietary firms that provide office space, education, and the basic tools needed for profitable trading.
Proprietary trading is trading with the forex proprietary firm's own funds in order to maximize profits and minimize risks. Forex traders' earnings are split between the Forex proprietary firm and themselves in a pre-agreed ratio. To be funded by a Forex proprietary firm, traders need to successfully complete trading challenges. Finding a regulated firm, or making sure your brokerage works with a regulated broker, is important to ensure safe trading.
Forex proprietary trading is a way of investing in the financial markets. Firms make money by investing their own funds in asset prices.
Some Forex proprietary firms employ both professional Forex traders and new Forex traders, teach them the firm's investment strategy, use it to invest in the financial markets, and split the profits in a pre-agreed ratio. In addition to access to high-quality educational materials, many Forex proprietary firms also provide Forex traders with office space and the basic tools and techniques needed to conduct effective market analysis.
Some Forex proprietary firms, especially online Forex proprietary trading firms, take a completely different approach. Most online proprietary firms offer funded accounts to traders who successfully pass a trading challenge. Trading challenges usually consist of multiple phases where traders are given certain time frames, profit targets, and daily and trailing loss limits to mitigate risk.
Forex traders who wish to receive a funded account usually have to pay a challenge participation fee. The amount of this fee varies between funding programs and between proprietary firms. After the evaluation period, the trader will receive a funded account. However, the next goal for the trader is to keep trading in compliance with pre-set trading conditions in order to maintain their account. This is a stressful task for many proprietary firms.
Proprietary firms use specific terminology to describe their trading programs and challenge conditions.
Daily loss limit: The maximum amount a proprietary trader is allowed to lose in a single trading day. From a proprietary firm's perspective, daily loss limits play a key role in managing risk. Additionally, daily loss limits are extremely useful for emotion management, as they make revenge trading impossible, making forex traders more responsible. A typical daily loss limit is 5% of the entire account balance, although this may vary from firm to firm.
Profit Target: Forex traders are given profit targets to secure funding and maintain their trading accounts. Typically, forex traders have a profit target of 8%, although this may vary from firm to firm.
Trailing Stop: A trailing stop is the amount by which a trade's balance can drop from its highest point to its lowest point.
Risk Management: A set of strategies, restrictions, and techniques developed by proprietary firms and forex traders to control and mitigate potential losses.
Position Sizing: Proprietary forex traders need to be extremely careful when choosing their position size. Position sizing refers to determining the appropriate amount of money to allocate to a particular trade.
From a forex trader's perspective, the main advantages of proprietary trading include increased responsibility, access to large amounts of trading capital, higher profit potential, performance-based compensation, and support from the proprietary firm. However, there are some disadvantages to consider. Some forex traders find it psychologically difficult to manage large sums of money, even if the trading strategy remains the same. For example, a forex trader may feel frustrated when they lose 10% of their trading balance of only $200, but this feeling pales in comparison to a 10% loss on a $200,000 account.
Proprietary forex traders are much more restricted than retail forex traders. Most proprietary firms also make it difficult to use high leverage. The maximum leverage ratio they typically offer is around 50:1.
Overall, proprietary trading is a good way for low-budget forex traders to gain the funds needed for professional trading, however, there are many factors to consider, such as challenge fees, trading conditions, challenge terms, and profit sharing.
13711580480@139.com
+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Zhang
China · Guangzhou